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Chubu Elec still aims to complete review of offshore wind projects in summer
Chubu Elec still aims to complete review of offshore wind projects in summer

Reuters

time13 hours ago

  • Business
  • Reuters

Chubu Elec still aims to complete review of offshore wind projects in summer

TOKYO, July 29 (Reuters) - Chubu Electric Power (9502.T), opens new tab said on Tuesday its C-Tech unit is still reviewing the feasibility of domestic offshore wind projects with its partner and aims to complete the assessment around this summer. In 2021, Mitsubishi Corp (8058.T), opens new tab, together with C-Tech, was selected to develop three offshore wind projects in Akita and Chiba prefectures, with a total planned capacity of 1.76 gigawatt (GW) and a targeted startup between 2028 and 2030. However, in February this year, the two companies said they were reassessing the projects due to a "significantly changed" business environment, underscoring that the country is not immune to rising costs affecting offshore wind projects globally. Mitsubishi booked a 52.4 billion yen ($352 million) loss from the three projects in the business year ended March 31, while Chubu Electric booked an 18.6 billion yen loss, amid higher construction costs, yen depreciation, tight supply chains, and rising interest rates. "The timeline for completing the feasibility reassessment around this summer remains unchanged," said Takehide Horibe, manager of the corporate administration department, at an earnings news conference. Chubu Electric booked an additional loss of several hundred million yen in the April-June quarter for personnel and other expenses from the three projects. Asked about the impact of U.S. tariffs, he said industrial power demand in the Chubu region -- central Japan where Toyota Motor (7203.T), opens new tab is headquartered -- was unchanged from the same period last year and in line with its earlier projections. "The impact so far has been minimal," he said. For the April-June quarter, the utility posted a 14.3% drop in net profit to 85.3 billion yen, hit by higher costs in its power retail unit and lower contributions from JERA's overseas and renewable energy businesses. JERA is jointly owned by Chubu Electric and Tokyo Electric Power (9501.T), opens new tab. ($1 = 148.6900 yen)

Trouble-packed NYC animal shelters land another $1M in taxpayer funds — GOP's Sliwa slams as ‘drop in the bucket'
Trouble-packed NYC animal shelters land another $1M in taxpayer funds — GOP's Sliwa slams as ‘drop in the bucket'

New York Post

time4 days ago

  • Politics
  • New York Post

Trouble-packed NYC animal shelters land another $1M in taxpayer funds — GOP's Sliwa slams as ‘drop in the bucket'

The city is dumping another $1 million into its troubled jam-packed animal-shelter system to hire and train 14 new staffers, City Hall said Friday. The Animal Care Centers of New York City — a nonprofit with a $1.4 billion contract to run the Big Apple's animal-shelter system for 34 years — recently announced it was suspending its intake of dogs and cats because of 'critical' overcrowding. The move came days after a Post expose revealed ongoing sickening conditions at ACC's new $75 million city-funded shelter in Queens. Advertisement 5 Anna Garguilo, an adoptions counselor with Charmy, 4, an Akita mix. Stephen Yang 'ACC's work to ensure no animal is left behind is essential to protecting animals across New York City, and our administration is proud to invest $1 million in additional funding to support the work ACC does and boost their capacity to better care for animals,' Mayor Eric Adams said in a statement. 'I also urge New Yorkers looking for a pet addition to their families to adopt, so we can ensure that every animal can find a loving home.' Advertisement But GOP mayoral candidate Curtis Sliwa slammed the funding announcement as a piecemeal solution to the larger problem of animal welfare in Gotham. 'The city has completely ignored animal welfare,' Sliwa wrote on X. 'Today's $1M for ACC is a drop in the bucket. ACC has a 34-year contract worth over $1B—and yet our shelters are overcrowded, surrenders are paused, and animals are suffering.' 5 New York City mayoral candidate Curtis Sliwa holds a campaign event outside of an Animal Care Center on 110th street in East Harlem in Manhattan. Stephen Yang 5 'ACC has a 34-year contract worth over $1B—and yet our shelters are overcrowded, surrenders are paused, and animals are suffering,' Sliwa said. Stephen Yang Advertisement The red-beret-wearing Republican, who shares an apartment with six rescue cats, earlier this week called for the city to end its contract with ACC and replace it with a city-run overhaul that would include a 'quasi-private public partnership' to shift the cost away from taxpayers. A new animal welfare agency would be created in the 'basement' of City Hall and all shelters would be kill-free and offer free spay and neuter programs under a Sliwa administration. The ACC has three active sites across the five boroughs with more than 1,000 animals in its care. 5 New York City Mayor Eric Adams speaks at a press conference to announce that 200 rescues have been made through the NYPD's drone and enforcement operations targeting subway surfing on July 21, 2025 in New York City. Andrew Schwartz / Advertisement 5 A new animal welfare agency would be created in the 'basement' of City Hall and all shelters would be kill-free and offer free spay and neuter programs under a Sliwa administration. Stephen Yang While the ACC is mandated to have a location in each of the five boroughs, the Brooklyn location is currently closed till 2026 for renovations, and the Bronx resource center has been 'temporarily' closed since May. Another $92 million facility in The Bronx is still under construction even though it was slated to open in the spring. The ACC did not respond to a Post request for comment. Adams' campaign did not respond to a request for comment, either.

7-year-old boy attacked and killed by pack of nine dogs, Alabama cops say
7-year-old boy attacked and killed by pack of nine dogs, Alabama cops say

Miami Herald

time4 days ago

  • Miami Herald

7-year-old boy attacked and killed by pack of nine dogs, Alabama cops say

Nine dogs have been euthanized in connection with the killing of a 7-year-old boy in Alabama, according to investigators. The pack included multiple breeds, some weighing up to 60 pounds, and their remains are being sent for 'testing as part of the investigation,' the Chilton County Sheriff's Office said in a news release posted to Facebook. Investigators say the boy was attacked around 6 p.m. July 22 as he rode a four-wheeler, and his grandmother was bitten trying to save him. Details of her injuries were not released. 'The owner of the dogs is cooperating fully,' the sheriff's office said. 'These animals were not stray dogs; they belonged to a local resident and were kept on private property prior to the incident.' The attack happened on a sparsely populated dirt road near Calera, about a 35-mile drive south from Birmingham, officials say. The boy has been identified as Noah Burnett by WBRC, which reports his grandmother was hospitalized with multiple bites but is expected to recover. A fundraiser for the boy's parents says he was 'the life of the party, and he was always dirty; he loved being outside and playing in the dirt.' 'Our hearts are broken for the child and the family affected by this unimaginable loss,' Chilton County Sheriff John Shearon said in the news release. 'We are fully committed to a thorough investigation to determine how this tragedy occurred.' The owner of the dogs lives on the same property as the child's family, WIAT reports. The dogs 'humanely euthanized' as part of the investigation: 6-month-old male shepherd mix, 34.2 pounds6-month-old male pit bull terrier mix, 31.5 pounds6-month-old male shepherd mix, 26.4 pounds1½-year-old female lab mix, 24.6 pounds2-year-old male hound mix, 36.4 pounds6-month-old female lab mix, 28.4 pounds6-month-old female pit bull terrier mix, 23.6 pounds3-year-old female pit bull terrier/Akita mix, 60.2 pounds2½-year-old male shepherd mix, 48.4 pounds

METALLIS KICKS OFF 2025 EXPLORATION SEASON AT GREYHOUND PROPERTY, IDAHO
METALLIS KICKS OFF 2025 EXPLORATION SEASON AT GREYHOUND PROPERTY, IDAHO

Cision Canada

time08-07-2025

  • Business
  • Cision Canada

METALLIS KICKS OFF 2025 EXPLORATION SEASON AT GREYHOUND PROPERTY, IDAHO

VANCOUVER, BC, July 8, 2025 /CNW/ - Metallis Resources Inc. (TSX-V: MTS) (OTCQB: MTLFF) (the "Company" or "Metallis") is pleased to announce the commencement of the company's 2025 exploration program with the first ever geophysical survey at its Greyhound Property (the "Property") in central Idaho. The high-resolution drone magnetic survey (the "Survey") will identify and refine targets in advance of the Company's planned summer 2025 drill program. A total of 298 line-kilometres will be flown over the entire property with the resulting data expected to further delineate structural controls associated with known mineralization. The Property hosts multiple high-grade silver-gold-antimony prospects within the historic Stibnite Mining District, a prolific region in Idaho known for antimony production. Mineralization at Greyhound is associated with a 3.5 km-long shear zone featuring multiple historic adits and which remains untested by modern drilling or geophysics. Dave Dupre, VP of Exploration for Metallis, commented "We're very excited to kick off the 2025 exploration season with the first ever geophysical survey at the historic Greyhound Property. Building on 125 years of previous prospecting and historic mining, this marks a major milestone in advancing the Property through the application of modern exploration techniques. With three priority drill targets already outlined and several other zones under evaluation, the survey will help us better understand the structural architecture that controls the mineralization. This work will both significantly expand our knowledge across untested parts of the Property and aid in refining the existing drill targets." Dupre added "With antimony prices remaining highly elevated and precious metals hovering near all-time highs, the timing is ideal to aggressively advance this highly prospective asset." About the Survey The drone magnetic survey is being conducted by Pioneer Exploration Consultants Ltd., a global leader in UAV-based geophysical services. The survey, totaling 298 line-km, will consist of high-resolution magnetic data collected at 25 m line spacing flown perpendicular to the known mineralized shear zone (See map below). Results from recently completed rock geophysical testing demonstrates that the mineralized material displays anomalous magnetic susceptibility values helping distinguish different rock types and mineralized zones (See Metallis News Release dated February 13, 2025). Key objectives of the Survey include: Identifying cross-cutting structures or faults that may host new high-grade shoots and support future drill targeting; Tracing the Greyhound shear zone beneath overburden to identify magnetically destructive alteration patterns associated with mineralization; Exploring previously untested terrain for parallel shear zones, similar to those observed at the Birdie and Akita showings. The results will also be used to guide any future Induced Polarization surveys along with a drill program planned for summer 2025. About the Greyhound Property In February 2024, the Company optioned the Property which is located in Custer County, Idaho, approximately 42 km northwest of the town of Stanley and 35 km south of Perpetua Resources' Stibnite Mine. The Property was the center of an active silver mining camp in the early 1900's and at one point contained a smelter and two active mines situated along the 3.5 km Greyhound shear. The Greyhound targets are hosted by prominent shear zones with polymetallic quartz - sulphide veins containing elevated concentrations of Au, Ag, Sb, Pb and Zn. They are comparable to numerous mines in North Idaho's Silver Valley along Interstate 90. This famous district is one of the most prolific silver districts in the world. The total quantities produced are impressive: over a billion ounces of silver, 3 million tons of zinc, and 8 million tons of lead totaling over $6 billion in value, ranking the Silver Valley among the top ten mining districts in world history. Qualified Person David Dupre, Vice President - Exploration and the Qualified Person, as defined by National Instrument 43-101, has reviewed, and approved the technical information contained in this release. About Metallis Metallis Resources Inc. is a Vancouver-based company focused on the exploration for gold, copper and silver on its flagship 100%-owned Kirkham Property in Canada, situated in northwest British Columbia's Golden Triangle, and on the Greyhound Property, a gold/silver/antimony target in Idaho, USA. Metallis trades under the symbols MTS on the TSX Venture Exchange, MTLFF on the OTCQB Exchange, and 0CVM on the Frankfurt Stock Exchange, and has 84,680,003 common shares outstanding. On behalf of the Board of Directors: /s/ "Fiore Aliperti" Chief Executive Officer, President, and Director CAUTION REGARDING FORWARD-LOOKING STATEMENTS This Press Release may contain statements which constitute 'forward-looking' statements, including statements regarding the plans, intentions, beliefs and current expectations of the Company, its directors, or its officers with respect to the future business activities and operating performance of the Company. The words "may", "would", "could", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect" and similar expressions, as they relate to the Company, or its management, are intended to identify such forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future business activities or performance and involve risks and uncertainties, and that the Company's future business activities may differ materially from those in the forward-looking statements because of numerous factors. Such risks, uncertainties and factors are described in the periodic filings with the Canadian securities' regulatory authorities, including quarterly and annual Management's Discussion and Analysis, which may be viewed on SEDAR at Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated, or expected. Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as intended, planned, anticipated, believed, estimated, or expected. The Company does not intend, and does not assume any obligation, to update these forward-looking statements. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. The TSX-V Stock Exchange has neither approved nor disapproved the contents of this news release.

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