TNB Tech Minute: Astronomer Taps A-List Celebs to Help Move On From Coldplay Kiss Cam Scandal - Tech News Briefing
This transcript was prepared by a transcription service. This version may not be in its final form and may be updated.
Zoe Kuhlkin: Here's your afternoon TNB Tech Minute for Monday, July 28th. I'm Zoe Kuhlkin for the Wall Street Journal. Actor Ryan Reynolds marketing firm, Maximum Effort, is attempting to help tech company, Astronomer, recover from its Coldplay concert kiss cam scandal with a light-hearted advertisement to shift the public's focus to its actual business. The video stars actress Gwyneth Paltrow, Coldplay front man, Chris Martin's ex-wife, as Astronomer's very temporary spokesperson. Maximum Effort confirmed it worked with Astronomer while the tech company did not respond to requests for comment. Elsewhere, Charter Communications' second-quarter results came in lower than forecasted amid unrelenting competitive intensity across the industry according to Bank of America analysts. While the sector is expected to remain challenged, the analysts expect trends are likely to improve through the rest of the year and into 2026. They add that Charter remains best positioned among cable operators to defend market share, citing the company's rural footprint expansion, support from video offerings, and converged offers across its portfolio that provide savings and continued network upgrades. And finally, Firefly Aerospace revealed terms of a planned initial public offering that could push the market capitalization to 5.5 Billion dollars. The space and defense technology company said it plans to sell 16.2 million shares between $35 and $39 a piece in the IPO. Firefly said it has applied to list its shares on the NASDAQ Global market under the symbol FLY. That's a wrap on your TNB Tech minutes. For a deeper dive into what's happening in tech, check out Tuesday's Tech News Briefing podcast.
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Anchorage Alaska, Aug. 04, 2025 (GLOBE NEWSWIRE) -- Nova Minerals Limited ('Nova' or the 'Company') (NASDAQ: NVA) (ASX: NVA) (FRA: QM3) ) is pleased to announce results from the ongoing RPM gold feasibility metallurgical test work program, which is showing exceptional recoveries in our opinion, with potential further opportunities to optimize for even higher recoveries. Highlights RPM conceptual flowsheet outlines clear path to high gold recoveries (Figure 6). High-grade ore over 2 g/t Au fed directly into the carbon in pulp (CIP)/carbon in leach (CIL) circuit to optimize gold recovery. Ore below 2 g/t Au will be processed through the ore sorter, where a 1,000 kg bulk test with Steinert Mining upgraded 1.32 g/t Au material to 5.72 g/t Au — an increase of 4.33 times in a single pass (Figures 1, 2 and 3). Lower-grade ore rejected by the sorter will undergo heap leaching, with column tests showing potential gold recoveries as high as 68.7% (Figure 4 and 5 and Table 1). Advanced sorting technology expect to increase the volume of high-grade feed to processing circuits, optimize resources and maximize orebody value. Ongoing CIP/CIL test work for the Pre-Feasibility Study (PFS) aims to advance this part of the flowsheet. High pressure grinding rolls (HPGR) crushing test work is in progress to further optimize the flowsheet and provide power cost efficiencies in the PFS. Nova CEO, Mr Christopher Gerteisen commented: 'We are extremely pleased with the results emerging from our ongoing metallurgical test work program at the RPM Deposit, which we believe continues to demonstrate the exceptional quality and scalability of the Estelle Project. The ability to extract up to 68.7% gold recovery from lower-grade material through heap leaching, combined with a 4.33 times upgrade using ore sorting technology, is a significant technical breakthrough, in our opinion. 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Ore Sorting Test Work Results Particle density X-Ray Transmission (XRT) ore sorting is a proven technology which has been successfully implemented as part of the pre-treatment concentration process in many mines around the world. X-rays are used to examine the density of the rock being sorted in order to separate a target mineral, ore or element from waste prior to the haulage, crushing and processing mining stages. By rejecting a considerable proportion of the lower grade rock before processing through the mill, the mill feed grade is effectively increased and energy requirements and tailings generation are reduced, resulting in a more environmentally friendly mining operation with improved overall mine efficiencies and economic benefits. The process starts with raw ore being scanned with X-rays and data collected from the detector. With the help of big data and intelligent algorithms, the ore and waste rock is separately identified and a high-pressure blower sprays the waste rock away to realize efficient automatic intelligent sorting. To see a short video of how ore sorting works please go to 1. Steinert ore sorter Nova and METS Engineering (METS) partnered with Steinert Mining (Steinert) to evaluate RPM orebody amenability to sensor-based ore sorting. Test work at Steinert was conducted in 2 stages with sighter test work undertaken followed by a large 1,000 kg bulk test. The result from the bulk test work program demonstrated the Estelle RPM ore is amenable to ore sort upgrading with a XRT and 3D-laser combination algorithm. Figure 2 illustrates the three stage test work process undertaken by Steinert to evaluate the amenability of the ore. Figure 3 presents the cumulative recovery, mass pull and grades obtained from the test 2. Steinert Illustration of the three-stage XRT and 3D-laser separation process, reporting the mass yields, Au recoveries and Au grades for the Estelle RPM gold bulk sample The results presented in Figure 2 demonstrated that a high density fraction can be recovered through ore sorting in which 48.8% Au is recovered in a mass yield of 11.3% in the first pass. This generated a concentrate of 5.72 g/t Au from a 1.32 g/t feed – a 4.33 times upgrade in the first pass through the ore sorter. Steinert strongly recommends Nova Minerals implement sensor sorting into the Estelle RPM process, to obtain a relatively high grade concentrate in a low mass yield. The implementation of the ore sorting technology has the potential to be further 3. Cumulative gold recovery (%), mass pull (%) and grade (g/t) for the Estelle RPM gold bulk sample Heap Leaching Metallurgical Test Work Results Heap leaching is a low capital and operating cost alternative to conventional mill processing techniques for gold recovery from lower grade ore sources. It is a well-proven and cost-effective approach used by the majors including Barrick Gold, Newmont, Kinross Gold's Alaskan Fort Knox and Eldorado Gold's Kışladağ mine to name a few. Heap leaching can potentially recover the gold from 100's of millions of tons of lower grade material, and the reject material from the ore sorters, which otherwise would be regarded as waste. This has the potential to significantly increase the gold production from the project. Figure 4 below shows how a typical heap leach process works with ore put through an optional pre-application phase before being stacked on an impermeable heap pad. 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Mr Connelly has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration, and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Exploration Targets, Mineral Resources and Ore Reserves and as Qualified Person as defined in Regulation S-K 1300 under the Securities Act of 1933, as amended (S-K 1300). Mr Connelly consents to the inclusion in the report of the matters based on the results in the form and context in which they appear. About Nova Minerals Limited Nova Minerals Limited is a Gold, Antimony and Critical Minerals exploration and development company focused on advancing the Estelle Project, comprised of 514 km2 of State of Alaska mining claims, which contains multiple mining complexes across a 35 km long mineralized corridor of over 20 advanced Gold and Antimony prospects, including two already defined multi-million ounce resources, and several drill ready Antimony prospects with massive outcropping stibnite vein systems observed at surface. The 85% owned project is located 150 km northwest of Anchorage, Alaska, USA, in the prolific Tintina Gold Belt, a province which hosts a >220 million ounce (Moz) documented gold endowment and some of the world's largest gold mines and discoveries including, Nova Gold and Paulson Advisors Donlin Creek Gold Project and Kinross Gold Corporation's Fort Knox Gold Mine. The belt also hosts significant Antimony deposits and was a historical North American Antimony producer. Further discussion and analysis of the Estelle Project is available through the interactive Vrify 3D animations, presentations, and videos, all available on the Company's website. Forward Looking Statements This press release contains 'forward-looking statements' that are subject to substantial risks and uncertainties. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as 'anticipate,' 'believe,' 'contemplate,' 'could,' 'estimate,' 'expect,' 'intend,' 'seek,' 'may,' 'might,' 'plan,' 'potential,' 'predict,' 'project,' 'target,' 'aim,' 'should,' "will' 'would,' or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on Nova Minerals Limited's current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict. Further, certain forward-looking statements are based on assumptions management believes to be reasonable at the time such statements are made, including but not limited to, continued exploration activities, Gold and other metal prices, the estimation of initial and sustaining capital requirements, the estimation of labor costs, the estimation of mineral reserves and resources, assumptions with respect to currency fluctuations, the timing and amount of future exploration and development expenditures, receipt of required regulatory approvals, the availability of necessary financing for the Project, the availability of funding sources, the availability of collaborative relationships, permitting and such other assumptions and factors as set out herein. Apparent inconsistencies in the figures shown in the MRE are due to rounding. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to: risks related to changes in Gold prices; sources and cost of power and water for the Project; the estimation of initial capital requirements; the lack of historical operations; the estimation of labor costs; general global markets and economic conditions; risks associated with exploration of mineral deposits; the estimation of initial targeted mineral resource tonnage and grade for the Project; risks associated with uninsurable risks arising during the course of exploration; risks associated with currency fluctuations; environmental risks; competition faced in securing experienced personnel; access to adequate infrastructure to support exploration activities; risks associated with changes in the mining regulatory regime governing the Company and the Project; completion of the environmental assessment process; risks related to regulatory and permitting delays; risks related to potential conflicts of interest; the reliance on key personnel; financing, capitalization and liquidity risks including the risk that the financing necessary to fund continued exploration and development. These and other risks and uncertainties are described more fully in the section titled 'Risk Factors' in the final prospectus related to the public offering filed with the Securities and Exchange Commission. Forward-looking statements contained in this announcement are made as of this date, and Nova Minerals Limited undertakes no duty to update such information except as required under applicable law. For Additional Information Please Contact Craig Bentley Director of Finance & Compliance & Investor Relations E: craig@ M: +61 414 714 196Error 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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At the same time, CNSL-based additives are being used in lubricants, anti-corrosive lacquer, and special formulations due to their high thermal stability, oxidation resistance and surface activity. With the global chemical industry moving toward green chemistry, low-toxicity substances, and circular economy processes, the segment is experiencing intense adoption. R&D and product innovation is also broadening the functional application of CNSL derivatives, strengthening the position of this segment as the most vibrant and fastest increasing segment of the CNSL market. Request Sample Pages: The coatings segment accounted for the largest application of CNSL market, in terms of value, in 2024. Coating held the highest value application segment in the CNSL market for 2024, due to the excellent properties of CNSL (including chemical resistance, adhesion, water repellency, and thermal stability). 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