Categories
Energy Solar Videos

Elixir Energy advances exploration and appraisal program in Mongolia [Video]

Elixir Energy’s Neil Young updates Proactive on activity at the company’s wholly-owned Nomgon IX coal bed methane (CBM) Production Sharing Contract in Mongolia. The energy stock recently finished drilling the Bulag-Suuj-1S exploration well and is now spudding the Venetian-1S exploration well as part of an exploration and appraisal program. Moving ahead, the company’s extended pilot production program is advancing in parallel to exploration and appraisal drilling. Young says as Elixir moves into the middle of the Mongolia summer, the company’s operations efforts are moving into top gear.

Categories
Solar Videos

Tlou Energy in Botswana to update on production and transmission line construction [Video]

Tlou Energy’s Tony Gilby and Colm Cloonan report from Botswana where they say, in the field, they’ve spent a lot of time assessing operations, in particular the flowing gas wells, connection to the grid and producing first revenue. Gilby says the Lesedi-3 well has started out very strongly while Lesedi-4 is  also making great progress.

Categories
Solar Videos

enCore Energy provides corporate update following sale of Cebolleta Uranium Project [Video]

enCore Energy Corp executive chairman William M Sheriff joined Proactive’s Stephen Gunnion with details of the sale of its Cebolleta Uranium Project in New Mexico to Future Fuel Corporation.Sheriff telling Proactive that the move is a major step towards reaching enCore’s goal of becoming the next producer of American uranium.The sale resulted in enCore holding approximately 15.90% of Future Fuels and a US$250,000 boost to its balance sheet, which he said will help bring enCore’s Rosita Central Uranium Processing Plant back into production.

Categories
Solar Videos

Brookside Energy continues significant momentum at Flames Well [Video]

Brookside Energy’s David Prentiss updates Proactive about the momentum it currently has at Flame’s Well, where Contractor Producers Service Corp (PSC) will start moving in equipment. The managing director explains why the completion of its HBP program in the SWISH Area of Interest (AOI) in the world-class Anadarko Basin of Oklahoma is a significant milestone. Operations are expected to be completed in the first week of June, with completion of the Flames Well and the establishment of oil and gas sales from this DSU continuing the significant operational momentum in a high oil price environment.

Categories
Nature

Tietto Minerals reports high grade gold intercept of 55.13 g/t gold in second batch of assays [Video]

Tietto Minerals’ Mark Strizek speaks with Proactive about the pleasing nature of the high-grade gold intercepts found in the second batch of assay results from ongoing infill drilling at AG South, within Tietto’s 3.45-million-ounce Abujar Gold Project in Côte d’Ivoire, West Africa. Strizek explains how the “company is drilling and building” and how it is converting the Indicated into a Measured resource. A highlight from the latest drilling was the 55.13 g/t gold in one intersection. Tietto has six diamond drill rigs on site and has ordered two more to help hit its targets. Finally, the Tietto executive director updates the Life of Mine schedule and what to expect next from the company.

Categories
Energy

Tom Bonny with Deloitte Consulting [Video]

On this week’s Industrial Talk we’re talking to Tom Bonny, Partner and Managing Director with Deloitte Consulting about “Last Barrel Standing”.  Get the answers to your “Oil and Gas” questions along with Tom’s unique insight on the “How” on this Industrial Talk interview!Finally, get your exclusive free access to the Industrial Academy and a series on “Why You Need To Podcast” for Greater Success in 2022. All links designed for keeping you current in this rapidly changing Industrial Market. Learn! Grow! Enjoy!TOM BONNY’S CONTACT INFORMATION:Personal LinkedIn: https://www.linkedin.com/in/tom-bonny-7bab94/Company LinkedIn: https://www.linkedin.com/company/deloitte/Company Website: https://www2.deloitte.com/us/en.htmlLast Barrel Standing:  Upstream Oil and Gas Energy Transition | Deloitte US

Categories
Sustainability

CleanSpark finalizes $35 million in financing, partners with Sustainable Bitcoin Standard [Video]

CleanSpark Inc Executive Chairman Matthew Shultz tells Proactive said it has finalized $35 million in non-dilutive financing from Trinity Capital Inc, a provider of venture debt financing.The company said the three-year equipment financing agreement is backed by 3,336 new S19j Pro miners and carries an annual interest rate of 9.9%.CleanSpark said it intends to use the proceeds from the facility for growth capital expenditures. Currently, the company has a fleet of over 23,000 latest-generation bitcoin mining machines in operation, with approximately 12,000 machines pending delivery and deployment in batches through October 2022.What’s more, it has announced that it is now a partner of Sustainable Bitcoin Standard (SBS), an organization that incentivizes clean bitcoin mining.

Categories
Sustainability

FTSE 100 opens lower as raft of ex-dividends outweighed bumper numbers from Tesla [Video]

FTSE 100 opened lower than expected as a raft of ex-dividends outweighed bumper numbers from electric vehicle maker Tesla. The blue chip index was down 3 at 7,626 in the early trades.Tesla posted another record quarter for profits, beating market expectations despite ongoing supply chain issues. Shares jumped 4% in after-hours trading as boss Elon Musk said deliveries this year should rise by 60%.One of Netflix’s largest shareholders, Bill Ackman, has sold his stake in the company, adding to the uncertainty surrounding the streaming service. It is estimated his hedge fund has lost over US$400mln as a result.THG, better known as The Hut Group, said it has received indicative bid proposals from a number of potential suitors in recent weeks, but deemed them “unacceptable” for failing to reflect the “fair value” of the online retail platform. Revenue growth in its first quarter slowed to 17.2% year-on-year.Gear4music warned revenues and earnings will be less than expected as rising inflation and weaker demand hit adding the first half of 2023 “may be more challenging”. The largest UK-based online retailer of musical instruments and music equipment said underlying profits in the year just ended will be below consensus.Base Resources, the mineral sands miner, reported record revenue for the March quarter as strong demand supported further price increases for all of its products. Sales revenue jumped to $740 per tonne from $478 in the year-earlier quarter.Neuroimaging pioneer Ixico has won a contract with an unnamed biotech worth around £800,000 to provide its expertise in assessing the progression of Huntington’s Disease. Specifically, it will support a global observational study to assess participants for early detection using its artificial intelligence-led data analytics.

Categories
Solar Videos

Kinetiko Energy nabs strategic investor, launches $3.1 million rights issue [Video]

Kinetiko Energy’s Adam Sierakowski tells Proactive about a strategic investment from South African energy group Phefo Power. The energy stock is also chasing $3.1 million via a rights issue to accelerate oil and gas exploration across energy-hungry South Africa. The raise comes after Kinetiko executed agreements with South Africa’s Industrial Development Corporation to co-develop a gas production field, expected to comprise up to 20 wells.

Categories
Solar Videos

Kinetiko Energy expands its gas field production in South Africa with government co-investment [Video]

Kinetiko Energy Ltd’s Adam Sierakowski speaks to Proactive about how the Industrial Development Corporation of South Africa (IDC) is partnering with Kinetiko’s subsidiary, Afro Energy, on a 20-well program to create gas resources to help power South Africa. Kinetiko has already obtained approvals to drill 10 of up to 20 wells in a gas field adjacent to the company’s existing Amersfoort wells.

Categories
Sustainability

Gevo CEO says sustainable aviation fuel supply agreement with Delta is world’s largest contract [Video]

Gevo Inc Patrick Gruber tells Proactive it has signed a “take-or-pay” agreement with Delta Air Lines Inc to supply 75 million gallons of sustainable aviation fuel (SAF) per year for seven years.Based on current assumptions, including those around future pricing of commodities and the future values of certain environmental benefits, Gevo said it estimates that the agreement should generate about $2.8 billion of revenue, inclusive of the value from environmental benefits.

Categories
Energy

Saturna Sustainable ESG ETF co-creator sees wind power being challenged in current environment [Video]

Saturna Capital’s Scott Klimo joined Proactive to discuss HANetf’s The Saturna Sustainable ESG ETF performance, which he says, has been broadly in line with equity markets over the past couple of months.Klimo says one of its more sizable exposures include wind power, which he says has been challenged the entire year, has been facing downgrades in estimates, which has held the fund back slightly in October.