Latest news with #DanDixon
Yahoo
26-05-2025
- Climate
- Yahoo
How storm tracking technology helps keep people safer during severe weather
MADISON COUNTY, Ala. (WHNT) — Following destructive storms in the Tennessee Valley on May 20, a lot of damage was left behind, but advances in technology are helping to make sure people have plenty of warning before storms arrive. Long before emergency sirens go off, experts have been working to figure out how bad the weather is going to be. 'Days in advance we will be producing a forecast, working closely with the Storm Prediction Center,' said National Weather Service Huntsville Meteorologist Dan Dixon. Once the storm develops, the National Weather Service uses Doppler Radar and satellite data to track the intensity of the system and then sends word out about potential dangers. 'Once a warning has been issued,' Dixon said. 'It's a matter of communicating the warning to the public.' Meanwhile, News 19's meteorologists are tracking the storm on-air. 'We use dual-polarization radar now, which transmits and receives pulses in the horizontal in the vertical direction,' said News 19 Certified Chief Meteorologist Danielle Dozier. 'That allows us to see the sizes and shapes of particles that are in the atmosphere and debris that's being lofted by that tornado. So in real time, we're essentially able to see a tornado happening ' The technology didn't exist 20 years ago, but now, that real-time picture of a storm's intensity offers vitally important minutes for people to seek shelter. Before a dangerous storm struck Killingsworth Cove Tuesday, families made their way to community storm shelters. 'I can say with my 25 years of experience that we would have not only lost lives, but entire families if these storm shelters weren't available,' said Killingsworth Cove Volunteer Fire Department Captain Nathan Aston. Homes were destroyed in the area, but no lives were lost. 'Allowing them to have adequate time to get to a shelter, if they don't have one that their specific house or location has been a very good thing that we've noticed here over the last few years,' Dixon said. It's important to make sure you always have multiple ways to receive weather alerts. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
14-05-2025
- Business
- Yahoo
Endeavour Silver Corp (EXK) Q1 2025 Earnings Call Highlights: Strong Production Amid Financial ...
Release Date: May 13, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Endeavour Silver Corp (NYSE:EXK) reported strong production figures for Q1 2025, with 1.2 million ounces of silver and 8,300 ounces of gold produced, totaling 1.9 million silver equivalent ounces. The company achieved revenue of $64 million, benefiting from higher precious metal prices. The Terronera project is nearing completion, with commissioning underway, and is expected to significantly enhance the company's production profile. The acquisition of the Culpa mine in Peru is expected to enhance production with significant exploration upside and existing infrastructure. Endeavour Silver Corp (NYSE:EXK) is on track to achieve annualized production of approximately 20 million silver equivalent ounces, marking a significant step forward in its growth strategy. The company reported a net loss of $32.9 million for the period, primarily due to the unrealized non-cash impact of gold hedging and forward swap contracts. Direct offering cost per ton increased by 66% compared to Q1 2024 due to 6% lower throughput. Cash and working capital decreased as the company continued investing in development activities at Terronera. The company is currently at a high-stress phase of the Terronera project, with concerns about cash flow and working capital requirements during the ramp-up phase. There is uncertainty regarding the timeline for ramping up production at Terronera, with a planned ramp-up period of about 90 days that could vary. Warning! GuruFocus has detected 3 Warning Sign with EXK. Q: What do you need to see in the ramp-up of Terrara to provide formal guidance, specifically on the cost side? A: Dan Dixon, CEO: We need to maintain consistent throughput through the mill and filter press to have confidence in the ramp-up timeline. We have a planned ramp-up of about 90 days, which could vary. We will provide production guidance once we have a higher probability of the ramp-up duration. Initially, we'll run lower-grade ore to work out any issues, and we'll provide cost guidance once we understand the grades and timeline for 2025. Q: What are the most near-term priorities to ensure the ramp-up at Terrara stays on track, specifically at the plant? A: Dan Gray, COO: Our team is focused on going system by system, starting at the upper end of the plant and working through to the lower end. We've been running the mills and checking systems, and we've just started feeding water and tailings into the tailing filter area. It's a process of working through the system. Q: What is the capital intensity of the throughput expansion at Culpa from 1,800 tons per day to 2,500 tons? A: Dan Dixon, CEO: Early estimates from previous work suggest it will cost between $12 to $16 million to increase capacity from 2,000 to 2,500 tons per day. Q: Can you clarify the 90-day ramp-up period for Terrara? Is it from the start of wet commissioning? A: Dan Dixon, CEO: Yes, the 90-day ramp-up period is from May 1st. Q: How comfortable are you with the cash balance and working capital requirements to fund Terrara through the ramp-up? A: Dan Dixon, CEO: With $65 million in cash and $15 million in working capital as of March 31st, we feel healthy but are monitoring closely. We are at a high-stress phase of the project, and it's crucial to manage cash flow carefully. We are looking to lower our cost of capital and ensure sufficient liquidity as we approach commercial production. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. 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
