Latest news with #CMH
Business Recorder
09-07-2025
- Business
- Business Recorder
CM inaugurates mega projects worth Rs8.77bn in Pindi
LAHORE: Chief Minister Punjab Maryam Nawaz Sharif inaugurated mega projects worth Rs 8.77 billion in Rawalpindi. She formally inaugurated the Adiala Road Nawaz Sharif Flyover and the Mall Road GPO Chowk Underpass projects. These two mega projects being built to ensure smooth traffic flow in Rawalpindi city were completed in a record time by maintaining high construction standards. The people showered flower petals on the arrival of Chief Minister Maryam Nawaz Sharif at the inauguration venue She responded to their slogans by waving her hands. Provincial Minister for C&W Malik Sohaib Bherth and Secretary C&W Sohail Ashraf gave a detailed briefing on the development projects. The chief minister was informed in the briefing that 67 road projects stretching up to 607 kilometers have been launched in Rawalpindi, out of which 51 road projects have been completed. Approximately 3 lakh vehicles will pass through the Nawaz Sharif Flyover and GPO Underpass projects on a daily basis. The Nawaz Sharif flyover, which starts from Kutchery Chowk on Adiala Road, will benefit traffic passing through GT Road Ring Road and Chakri Interchange Motorway. The public will save more than an hour of time and millions of rupees in petrol and other expenses by traveling at Nawaz Sharif Interchange. It was further apprised in the briefing that the traffic of Gorakhpur, Adiala, Khalsa Khurd, Khalsa Kalan, Dhalan, Jarrar Camp, Dhok Awan, Singral and inhabitants of other localities will benefit from the Nawaz Sharif flyover project. A two-kilometer service road has also been constructed around the Nawaz Sharif flyover project. More than two lakh vehicles will pass through the GPO Chowk, TM Chowk signal-free corridor on the Rawalpindi Mall Road daily. The briefing informed that AFIC is included in the underpass project for the convenience of pedestrians. For the first time, the latest intelligent signal systems have been installed in the GPO underpass project. Nearly two-kilometer-long underpass to be built on Mall Road will provide easy access to the National Highway N-5 through Kashmir Road. It was further apprised in the briefing that GPO Chowk underpass will also facilitate millions of patients coming to CMH, MH and AFIC daily. The GPO Chowk underpass will also facilitate traffic passing through Saddar Bazaar, Railway Station and other areas. The chief minister highlighted, 'All development projects built for the convenience of the people are our foremost priority. Remodeling of Kutchery Road and Mall Road will also be carried out. The construction of the underpass and flyover projects will prove to be a game changer for the residents of Rawalpindi.' She outlined, 'The launching of public welfare projects will prove to be historic and memorable for the people of Rawalpindi. I highly commend the efforts of all relevant institutions for the completion of development projects in a record time frame being built for the convenience of general public in Rawalpindi.' Copyright Business Recorder, 2025
Yahoo
03-07-2025
- Business
- Yahoo
Cordoba and JCHX Mark 50% Earn-In Completion, Paving the Way for 100% Ownership Transition at Alacran
- Bridge Loans Repaid - Vancouver, British Columbia--(Newsfile Corp. - July 3, 2025) - Cordoba Minerals Corp. (TSXV: CDB) (OTCQB: CDBMF) ("Cordoba" or the "Company") is pleased to announce that CMH Colombia S.A.S. ("CMH"), the entity which holds the Alacrán Project in Colombia, has received the final US$20 million installment from JCHX Mining Management Co., Ltd. ("JCHX") in accordance with the terms of the framework agreement signed on December 8, 2022 (the "Initial Framework Agreement"). Under this agreement, JCHX has now made all payments required to maintain its 50% interest in CMH. Under the Initial Framework Agreement, JCHX committed to acquire and maintain a 50% interest in CMH for total consideration of US$100 million, paid in three installments. The first two installments of US$40 million each were paid on May 8, 2023, and January 4, 2024, respectively, and earned JCHX its 50% interest in CMH. JCHX has now completed the final installment payment of US$20 million, thereby fulfilling its entire US$100 million investment obligation under the Initial Framework Agreement and maintaining a 50% interest in CMH. Cordoba used approximately US$10 million of this final installment payment to repay bridge loans arranged with JCHX affiliates in December 2024 to support the Alacrán Project while awaiting Environmental Impact Assessment approval. On May 8, 2025, the Company announced that it had entered into a new definitive agreement to sell its remaining 50% interest in the Alacrán Project, along with other assets (the "Transaction"), through the sale of its wholly owned Colombian subsidiaries, Minerales Cordoba S.A.S. and Exploradora Cordoba S.A.S. These subsidiaries collectively hold 50% of the shares of CMH, which owns the Alacrán Project. Upon completion of the Transaction, Veritas Resources AG ("Veritas") will own 100% of the Alacrán Project. Veritas is currently an indirect wholly owned subsidiary of JCHX. The Transaction remains subject to the approval of the TSX Venture Exchange and other customary closing conditions. For additional details, please refer to the Company's news release dated May 8, 2025. "The completion of this final installment by JCHX is a major milestone for both companies and a strong vote of confidence in the Alacrán Project," said Sarah Armstrong-Montoya, President and CEO of Cordoba. "JCHX has been a dedicated partner, and their continued investment underscores the long-term potential of Alacrán. With the final installment complete, and bridge loans and interest repaid, we are well-positioned to advance the full divestment of Alacrán and our remaining Colombian assets as announced in May." For more information, please refer to the Company's previously issued news releases dated December 8, 2022, May 8, 2023, January 4, 2024, December 27, 2024 and, May 8, 2025. On behalf of the Board of Directors:Sarah Armstrong-MontoyaPresident and Chief Executive Officer For further information, please contact:Investor Relationsinfo@ About Cordoba Cordoba Minerals Corp. is a mineral exploration company focused on the exploration, development and acquisition of copper and gold projects. Pending the completion of the Transaction, Cordoba is jointly developing the Alacrán project with JCHX. Cordoba also holds a 51% interest in the Perseverance Copper Project in Arizona, USA, which it is exploring through a Joint Venture and Earn-In Agreement. For further information, please visit ON BEHALF OF THE COMPANYSarah Armstrong-Montoya, President and Chief Executive Officer Information Contact info@ +1 (604) 689-8765 Forward-Looking Statements This news release includes "forward-looking statements" and "forward-looking information" within the meaning of Canadian securities legislation. All statements included in this news release, other than statements of historical fact, are forward-looking statements including, without limitation, statements relating to the Alacrán project and the advancement thereof, statements with respect to the Transaction, including the completion of the Transaction, the expected approvals required for the Transaction, including the approval of the TSX Venture Exchange, and the anticipated ownership structure of Veritas, the use of proceeds from the final installment, and the expected benefits from the Transaction. Forward-looking statements include predictions, projections and forecasts and are often, but not always, identified by the use of words such as "anticipate", "believe", "plan", "estimate", "expect", "potential", "target", "budget" and "intend" and statements that an event or result "may", "will", "should", "could" or "might" occur or be achieved and other similar expressions and includes the negatives thereof. Forward-looking statements are based on a number of assumptions and estimates that, while considered reasonable by management based on the business and markets in which Cordoba operates, are inherently subject to significant operational, economic, and competitive uncertainties, risks and contingencies. 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. Important factors that could cause actual results to differ materially from the Company's expectations include title to mineral property risks; reliability of Mineral Resource and Mineral Reserve estimates; going concern risks; the availability of capital and financing generally for the development of the Alacran Project; a deterioration of security on site in Colombia or actions by the local community that inhibits access and/or ability to productively work on site; community relations and construction activities; fluctuations in the price of metals and the anticipated future prices of such metals; stock market volatility; unanticipated changes in general business and economic conditions or conditions in the financial markets; certain shareholders exercising significant control over the Company; foreign entity risks; loss of key personnel; negative operating cash flow; changes in interest or currency exchange rates; risks related to foreign operation including changes to taxation, social unrest, and changes in national and local government legislation; regulatory risks; uninsured risks; environmental risks; competition; risks related to participation in joint ventures; legal disputes or unanticipated outcomes of legal proceedings; changing global financial conditions; force majeure; conflicts of interest; cyber security incidents; and the potential effects of international conflicts on the Company's business; human error, and other exploration or other risks detailed herein and from time to time in the filings made by the Company with securities regulators, including those described under the heading "Risks and Uncertainties" in the Company's most recently filed MD&A. The Company does not undertake to update or revise any forward-looking statements, except in accordance with applicable law. Readers are cautioned not to put undue reliance on these forward-looking statements. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. 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
Yahoo
25-06-2025
- Business
- Yahoo
Skeena Resources Secures Clean Power for Eskay Creek Project
Skeena Resources Limited (NYSE:SKE) is one of the best-performing NYSE stocks to buy now. Towards the end of May, Skeena Resources announced the completion of an interconnection and transmission agreement with Coast Mountain Hydro Limited Partnership/CMH. The agreement allows Skeena to connect to CMH's transmission line for its 100%-owned Eskay Creek Gold-Silver Project in British Columbia, Canada. CMH operates 3 run-of-river hydroelectric facilities: Forrest Kerr, McLymont Creek, and Volcano Creek Hydro Projects, which supply power to the BC Hydro Northwest Transmission Line. CMH is partly owned by the Tahltan Nation and provides clean and renewable power to Tahltan communities in Northwest British Columbia. The agreement enables a power connection merely 17 kilometers from the project site, which eliminates the need for Skeena to construct its own transmission line and infrastructure. A mining operation in a remote location, the mine entrance illuminated with headlamps. Under the agreement, Skeena will connect to CMH's transmission line, which is linked to the BC Hydro network. Skeena will purchase electricity directly from BC Hydro by paying a tolling charge to CMH. As part of the project design, Skeena will construct a substation with a 30-year design life, along with metering devices to monitor energy consumption. The agreement will automatically renew annually and can support the project's power requirements. Power lines to the site will commence installation this year and are anticipated to be completed by H2 2026. Skeena Resources Limited (NYSE:SKE) explores and develops mineral properties in Canada. The company explores for gold, silver, and copper deposits. While we acknowledge the potential of SKE as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the . READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. 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
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Travel + Leisure
13-06-2025
- Travel + Leisure
Why 'Challenge Travel' Is Trending Among Adventure Lovers—and Some of the Best Experiences to Book
'People want bold and challenging travel experiences,' says Tom Marchant, cofounder of the outfitter Black Tomato. The company debuted its Get Lost itineraries in 2017, giving a select few clients the chance to role-play survival situations in the Peruvian Andes or Mongolian steppes. Travelers on these journeys get dropped in the wilderness and then navigate their way back to civilization. Marchant says interest in the trips has spiked, with 2024 bookings up 40 percent from the previous year. Black Tomato is far from the only operator dreaming up next-level challenges, as travel advisors, tour companies, and even cruise lines are tailoring their offerings to what some call Type 2 fun: experiences that are difficult in the moment, but enriching in hindsight. 'Adventurers are seeking true challenge and isolation,' says Pelorus Travel cofounder Jimmy Carroll. 'These are trips where endurance, strength, and adaptability are essential.' Here are six experiences guaranteed to test your mettle. A CMH adventure in western Canada. Andy Cochrane/CMH Heli-Skiing& Summer Adventures HELI-SKIING IN BRITISH COLUMBIA Founded in 1965, CMH Heli-Skiing & Summer Adventures has grown alongside interest in backcountry skiing, and the company now has more than 150 certified mountain guides who can safely lead fresh-track, deep-powder runs across some 3 million acres of the Canadian Cascades. CMH also has a network of comfortable backcountry lodges for multiday adventures among the iconic granite spires of the Bugaboos. A campsite on Kubu Island, in Botswana's Makgadikgadi Pans. OPEN-AIR CAMPING IN BOTSWANA Many safari camps offer indoor-outdoor suites that let in the sounds of nature. Then there's Jack's Camp, the storied Botswana lodge on the edge of the Kalahari Desert. From Jack's, guests can embark on a two-night foray into the vast Makgadikgadi Pans in a convoy of ATVs before making camp on Kubu Island, an outcropping of granite that rises from the arid plain. 'They call it a 'five-gazillion-star bedroom,'' says Mark Lakin, a T+L Travel Advisory Board member who recommends the trip to his clients. One outpost of Utah's Western Uinta Hut System. Inspired Summit Adventures HUT-TO-HUT TREKKING IN UTAH The Western Uinta Hut System is a collection of strategically placed yurts that open the door to more than 100,000 acres of high-altitude terrain. The first of their kind in the state, these rustic lodgings afford adventurers comfortable (if not luxurious) places to overnight during mountain-biking, hiking, and fishing forays deep into the wilderness, says Shaun Deutschlander. She's the founder of Inspired Summit Adventures, which pioneered the growing network and offers guided trips into the mountains. IMPOSSIBLE MISSIONS IN MOROCCO Scaling the exterior of Dubai's Burj Khalifa may be out of reach, but doing your own stunts is possible. Working with crew members from the Mission: Impossible franchise, Pelorus Travel has put together an adventure that involves trekking in the Atlas Mountains, racing across sand dunes in Predator X-18 buggies, and rappelling from a rooftop in the Marrakesh medina. 'It will be a super immersive and high-octane experience,' says Carroll, the Pelorus cofounder. Taking the plunge with Aurora Expeditions in Antarctica. SCUBA DIVING IN ANTARCTICA If simply visiting the seventh continent isn't enough, Aurora Expeditions has trips that also go under it. The expedition cruise line was the first mainstream operator to offer scuba diving in the frigid waters off Antarctica, where the sea life includes spider crabs, soft corals, and walls of giant kelp. It's also possible to spot penguins and seals, says Edwin Sargeant, an ice diver and guide with Aurora Expeditions whose favorite thing to see is the undersides of icebergs. GOING OFF THE GRID IN PERU Black Tomato can coordinate wilderness-survival adventures that push participants' limits. After a safety briefing led by a former officer in the Royal Marines, guests are dropped in the Peruvian mountains with little more than a map and a compass—and orders to get back to an extraction point several days' hike away. For safety, participants are shadowed by a team of pros. 'You won't see them, but they'll always be there to help at a moment's notice,' says Rob Murray-John, head of special projects for Black Tomato. A version of this story first appeared in the July 2025 issue of Travel + Leisure under the headline 'Pushing the Limits.'
Irish Examiner
04-06-2025
- Health
- Irish Examiner
'Serious concerns' after 17 areas of non-compliance found at Central Mental Hospital
The chief mental health inspector has said the regulatory and legal breaches at the country's state-of-the-art forensic mental hospital – opened just over two years ago – raise 'serious concerns' about the operation of the facility. The Central Mental Hospital in Portrane, north Dublin – with a construction cost of €200 million – is the country's only secure forensic institution and provides therapeutic detention to those found not guilty by reason of insanity and other categories of offenders. The move of the CMH from Dundrum was delayed by over two years before it opened officially in November 2022. Forensic bed capacity was supposed to increase from around 100 in Dundrum to 170 at Portrane. When it opened it had 110 beds. According the Mental Health Commission CMH Inspection Report 2024, the centre is registered to cater for 130 people with a capacity for 114 people and 110 residents during inspection. The report said the CMH had a compliance rate, in relation to laws and regulations, of just 51% in 2024, down from 69% in 2023 and 82% in 2022. The Inspector of Mental Health Services, Professor James Lucey, said: 'The 2024 inspection report highlighted an unprecedented 17 areas of non-compliance for the centre, a concerning upward trajectory of non-compliance from the previous year, of 11.' He said 10 of 17 areas were reoccurring, and five regulatory areas were deemed a higher risk than the previous year, one of which was rated 'critical', on the use of seclusion. Prof. Lucey said: This level of non-compliance raised serious concerns regarding the operation of the approved centre and its potential impact on residents. He said that following the unannounced inspection, during May 28-31, 2024, the MHC issued an 'immediate action' to the CMH management, which provided 'assurances and undertakings'. This included actions on monitoring of seclusion rooms, improvements to risk management and review of individual care plans. Prof. Lucey said 'evidence' was provided to the MHC of these improvements. The CMH has a high secure unit for 40 men, a medium secure unit for 30 men and a unit for 18 women. There is a separate unit for 10 men with intellectual and developmental disabilities and a further 18-bed unit for males in recovery or pre-release. A planned forensic child forensic unit, with 10 beds, has not yet opened. It said there were 'staffing shortages' across the centre, including nursing, occupational therapy, psychology and social work, pointing out that with the HSE embargo, the centre was unable to recruit for vacant posts. It said psychology had waiting times from two weeks to six months. The report said feedback from residents and families was that the new CMH was 'more restrictive' than Dundrum, with some family members reporting difficulties accessing the site on public transport for visiting times. It said 'staff were described as brilliant and being approachable mostly', with people commending activities, such as the gym, music and gardening. The inspection team found the centre was 'not ventilated throughout and had offensive odours' and that the bathrooms, with rooms with a physical bath, were 'extremely malodorous'. Read More Why prison is no place for the mentally ill
