Latest news with #SLRConsulting
Associated Press
09-06-2025
- Business
- Associated Press
Atlas Salt is Advancing the Great Atlantic Salt Project with an Updated Feasibility Study
ST. JOHN'S, NF AND LABRADOR / ACCESS Newswire / June 9, 2025 / Atlas Salt Inc. ('Atlas Salt' or the 'Company') (TSXV:SALT)(OTCQB:REMRF) is advancing an Updated Feasibility Study (the 'UFS' or 'FUS') for the Great Atlantic Salt Project (the 'Project') in Newfoundland and Labrador, Canada. Building on the Feasibility Study completed in 2023, this UFS will incorporate significant advancements and optimizations to enhance the Project's development strategy. The UFS will focus on optimizing the production rate while balancing capital expenditure, refining mine planning parameters, and integrating recently completed technical studies to improve operational efficiency and economic outcomes; with the ultimate objective of supporting ongoing financing activities. Key Objectives of the Updated Feasibility Study SLR Consulting Ltd. ('SLR'), the lead consultant on the original Feasibility Study, brings extensive experience in mineral resource and reserve assessments, underground mine design, and NI 43-101 Technical Reports. As the lead consultant on the original Feasibility Study, SLR's continuity on this project will ensure a seamless transition and a robust evaluation of the updated development strategy. Patrick Laracy, Chairman & Interim CEO of Atlas Salt, commented: 'The initiation of this Updated Feasibility Study marks another important step toward optimizing and advancing the Great Atlantic Salt Project. With SLR's proven expertise and our team's commitment to execution, we are refining our development strategy to maximize value while maintaining the lowest-cost production model. The enhancements incorporated into this study will further de-risk the Project and strengthen our positioning in the North American salt market and increase our attractiveness with major financiers.' The Updated Feasibility Study is expected to be completed by Q3 2025, with results providing critical inputs for finalizing financing and development strategies. Financing Update As announced previously (see news release of December 10, 2024) Endeavour Financial has been engaged by the Company to lead the arrangement of project financing for the Great Atlantic Salt Project. Endeavour will continue to progress the project financing process while the UFS work is underway, and completion of the UFS will enable Endeavour and potential lenders to incorporate the Project's updated technical and economic parameters into their evaluations, forming the basis for financing arrangements. The Company will provide updates on the timing and details of financing activities as they advance. Compensation Securities Issued The Company also announces that it has issued compensation securities to certain officers of the Company. A total of 800,000 performance share units have been issued with vesting tied to the achievement of certain objectives but in any event not before June 9, 2026. A total of 700,000 restricted share units ('RSUs') have been issued with 150,000 RSUs vesting on June 9, 2026, 275,000 RSUs vesting on June 9, 2027, and 275,000 RSUs vesting on June 9, 2028. A total of 600,000 stock options have been granted, with an exercise price of $0.49, expiring on June 9, 2030, with 300,000 stock options vesting on June 9, 2026, and 300,000 stock options vesting on June 9, 2027. For further information and ongoing updates, please visit The scientific and technical information contained in this news release has been approved by Andrew Smith, ICD.D, Project Director and General Manager, who is a 'Qualified Person' for the purposes of NI 43-101. About Atlas Salt Inc. Atlas Salt Inc. is developing Canada's next salt mine and is committed to responsible and sustainable mining practices. With a focus on innovation and efficiency, the company is poised to make significant contributions to the North American salt market while upholding its values of environmental stewardship and community engagement. For information, please contact: Patrick Laracy, Chairman (709) 739-9545 We seek safe harbor. Cautionary Statement Neither the TSX Venture Exchange nor its Regulation Services Provider, (as the term is defined in the Policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This press release includes certain 'forward-looking information' and 'forward-looking statements' (collectively 'forward-looking statements') within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, included herein, without limitation, statements relating to the future operating or financial performance of the Company, are forward-looking statements. Forward-looking statements are frequently, but not always, identified by words such as 'expects', 'anticipates', 'believes', 'intends', 'estimates', 'potential', 'possible', and similar expressions, or statements that events, conditions, or results 'will', 'may', 'could', or 'should' occur or be achieved. Forward-looking statements in this press release relate to, among other things: obtaining financing, completion, delivery and timing of project components and requirements, and analysis and assumptions related thereto. Actual future results may differ materially. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements reflect the beliefs, opinions and projections on the date the statements are made and are based upon a number of assumptions and estimates that, while considered reasonable by the respective parties, are inherently subject to significant business, technical, economic, and competitive uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements and the parties have made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation: the timing, completion and delivery of required permits, supply arrangements and financing. Readers should not place undue reliance on the forward-looking statements and information contained in this news release concerning these times. Except as required by law, the Company does not assume any obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by law. SOURCE: Atlas Salt Inc. press release
Yahoo
22-05-2025
- Business
- Yahoo
Resourcing Tomorrow Outstanding Achievement Awards & Gala Dinner Return to London
Celebrating the Mining Industry's Most Inspiring Achievements of 2025 London, United Kingdom--(Newsfile Corp. - May 22, 2025) - The Resourcing Tomorrow Outstanding Achievement Awards & Gala Dinner will return on December 4, 2025, hosted once again at the stunning London Guildhall. This prestigious event celebrates the exceptional individuals, companies, and initiatives driving progress across the mining industry over the past year. Previous winners such as the Responsible Business Alliance, Ivanhoe Mines, Hancock Prospecting, Gold Fields, IMPACT Silver Corp, Cornish Tin, and the Kingdom of Saudi Arabia have set the bar high, making these awards some of the most coveted honors in the mining sector. View past winners here. Taking place at the conclusion of the Resourcing Tomorrow Conference - where the world's mining leaders converge - the awards evening offers the industry's most prominent players a final opportunity to come together, reflect on the year's successes, and enjoy a sparkling festive atmosphere amid London's magical Christmas season. With seven award categories, the gala promises an unforgettable night filled with celebration, recognition, and networking. Further details about the evening's entertainment will be announced soon. 2025 Award Categories Include: Exploration Discovery of the Year, sponsored by TM Partners Best ESG Initiative by a Mining Company, sponsored by McCarthy Tétrault Best ESG Industry Initiative, sponsored by Eldorado Gold Mining Deal of the Year, sponsored by Pinsent Masons Mining Leader of the Year, sponsored by Stratum Rising Star(s) of the Year, sponsored by Peel Hunt Lifetime Achievement Award, sponsored by SLR Consulting The awards continue to grow in prestige and popularity, with all seven categories secured by sponsors early this year and last year's gala selling out well in advance. Key Dates: August 30, 2025: Nominations close September 30, 2025: Shortlist revealed Resourcing Tomorrow 2024 Lifetime Achievement Award winner Gina Rinehart was hailed by SLR Consulting's global mining director David Walker as "a fantastic gift from Australia and quite possibly the greatest Aussie woman we have." How to Nominate: Industry leaders, peers, and stakeholders are encouraged to submit nominations to recognise outstanding contributions across the sector. Visit to nominate before the August 30 deadline. Join us on December 4th at London Guildhall for an evening of inspiration, celebration, and connection - as we honor the trailblazers shaping the future of mining. Contact: Jessica Mockler, Associate Marketing Director, Resourcing Tomorrow To view the source version of this press release, please visit Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Daily Mail
15-05-2025
- Business
- Daily Mail
Has the nanny state finally gone too far? Neighbourhood war erupts over proposed McDonald's restaurant - and why even the police want it gone
A neighbourhood war has erupted in a Sydney suburb after the city council shot down plans for a new McDonald's on a busy street. Global firm SLR Consulting submitted a plan to the City of Sydney Council in January for a 24/7 branch of the fast food chain on the corner of Redfern and Regent Street. The proposal suggested a $2.9million alteration of a former tobacco shop and bed linen outlet near the hub of the city's night life. But the council unanimously voted down the proposal on Wednesday. There had been 269 objections to the new restaurant, including a letter from Senior Constable Peter Langbein from NSW Police. He suggested that McDonald's customers could contribute to a heavier workload for officers, including a spike in violent crime and e-bike theft. 'Police are concerned with the proposed trading hours will only provide a further strain on an already identified hotspot for crime within South Sydney PAC,' he wrote. He suggested the McDonald's could increase the 'amount of violence seen in the area on any given night', including assaults and anti-social behaviour. The Redfern Police Station is located between the would-be McDonald's and Redfern Train Station. Mr Langbein argued having a McDonald's on the street corner would make the train station 'more accessible for criminal behaviour'. He also raised concerns about the outlet being a place where 'youth tend to meet up (for) use of free Wi-Fi and cheap dining services' which could increase crime. Earlier this year, locals had formed a petition via to object to the development of the fast food chain and received 1,595 signatures. In multiple submissions from residents opposing the McDonald's, they said the fast food chain would not fit with the 'artisan' style of Redfern. 'This development is inappropriate for the area which is tidying up its act and establishing its local village feel,' one local wrote. 'A fast food outlet, basically selling junk food, is out of character with the direction locals are heading in and what they want for the area.' 'Fast food American culture has no place in Redfern,' a second agreed. But some took aim at the 'NIMBYs' who criticised the addition of a fast food giant. 'Stop the high and mighty trying to tell real people what we should be able to choose to eat,' one of the 17 submissions said. 'Despite the expected negative views on multinationals they provide a great product and service for millions who love it, want it and need it.' Another said: 'It will give the drunks pouring out of the bars late at night an option to soak up some of the booze before walking through the streets yelling.'
