Latest news with #Hosack
Yahoo
09-05-2025
- General
- Yahoo
AISD says expert teachers could improve failing schools
AUSTIN (KXAN) – In an effort to turn around low performing schools in Austin Independent School District, it is launching a campaign to hire the best teachers they can get. The district is looking for teachers who have track records of improving students' grades, and they want them in schools that are not meeting standards. The move comes after Dobie, Webb and Burnet middle schools are all facing a critical school year ahead where they must show signs of improvement or face a state intervention from the Texas Education Agency (TEA). 'We are going to be launching a campaign to recruit transformative teachers,' said Brandi Hosack, chief of talent strategy for AISD. 'We are looking for folks that have more than three years experience in the classroom, are certified and have proven highly effective.' The district said some teachers and staff could be removed from these failing schools, but some parents at Dobie worry about stability in a school that has seen turnover. 'When you bring strangers here to this community, what kind of teachers are we going to have? That is very concerning to us,' said Yessyka Velasquez, a parent from Dobie Middle School. Hosack said she knows stability is important, but tough decisions have to be made. Austin ISD receives C rating in 2023 A-F ratings 'When you take away certain supports that students have become accustomed to, and feel very safe in their campus, and those are the adults and the trusted individuals — that is very, very hard,' she said. The teachers AISD chooses to remove from their positions could then be placed in other AISD schools around the district. 'It is not about you are not doing your job and we are removing you,' Hosack said. 'The folks that have been at Dobie, Webb and Burnet have worked incredibly hard to support these students. This is simply a function of needing to ensure that we are, within the turnaround plan, have seasoned experts.' KXAN asked the district if the teachers who are removed from Dobie, Webb and Burnet will be fit to teach in other schools in AISD. 'There is a difference between highly effective, and you not being highly effective does not mean that you are ineffective, it simply means that you have not yet met those qualifications,' said Hosack. Hosack said a lot of teachers have left the profession and now there are a lot of novice teachers that need training. Keeping Dobie Middle School open could cost teachers their jobs 'There are incredible amount of novice teachers on these campuses because across the state, across the nation, campuses that have been historically undeserved they to tend to have a harder time hiring which means that they have a tendency to hire novice teachers,' Hosack said. The district will host a job fair for transformative teachers May 14 and 15 at AISD headquarters. These positions are eligible for up to $20,000 in stipends to support one of the three District-led Restart campuses. The district is hoping to hire about 100 transformative teachers before the start of the school year. In addition, certified core teachers are eligible to be designated under the Teacher Incentive Allotment and certified special education and certified bilingual teachers are eligible for $7,000 in stipends for support in those classrooms. Check how your school is doing here. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
16-04-2025
- Business
- Yahoo
Prospect secures $9.5m from First Quantum for Mumbezhi Copper Project in Zambia
Prospect Resources has signed a strategic investment agreement with copper miner First Quantum Minerals (FQM) to raise approximately A$15.2m ($9.5m) in equity with the placement of 101.06 million new shares at A$0.15 each. FQM will become a 15% shareholder in the company and serve as a key technical partner in the future exploration and advancement of the Mumbezhi Copper Project in Zambia. With this investment, First Quantum secures the right to nominate a board member. First Quantum's expertise in copper mining and processing in Zambia, evidenced by its operations at the Sentinel and Kansanshi copper mines, will be valuable to Prospect as Mumbezhi is situated in a similar geological environment to Sentinel, according to Prospect. Prospect is set to commence its phase two drilling programme at Mumbezhi in the second quarter of 2025 (Q2 2025) to expand the mineral resource estimates and explore new regional targets. Prospect managing director and CEO Sam Hosack said: 'Bringing First Quantum into the fold as both a strategic cornerstone shareholder and technical partner offers exceptional value-accretive opportunities for both parties. 'Gaining access to First Quantum's breadth of regional expertise to complement our current multi-disciplinary exploration strategy, Prospect is well placed to continue identifying further regional prospects, make targeted new discoveries and add potential new copper tonnage to the existing Mumbezhi Mineral Resource estimate at a far greater rate.' In addition to the FQM strategic investment, Prospect will raise approximately A$2.8m in new equity proceeds funding from Eagle Eye Asset Holdings with a placement of 18.86 million new shares. Eagle Eye will maintain its 15.3% shareholding in Prospect through its subscription agreement. The combined funds raised from both investments, subject to shareholder approval, will bolster Prospect's working capital and support ongoing activities at Mumbezhi. Azure Capital acted as the financial adviser for Prospect on these strategic investments, with King & Wood Mallesons providing legal counsel. Hosack added: 'We look forward to working closely with First Quantum with the ongoing support of Eagle Eye in targeting the next world-class copper asset in Zambia and in doing so making a material contribution to the Zambian strategy 2031 to produce three million tonnes of copper.' In March 2025, First Quantum's Cobre Panama mine initiated steps to suspend arbitration proceedings against Panama. "Prospect secures $9.5m from First Quantum for Mumbezhi Copper Project in Zambia" was originally created and published by Mining Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
Yahoo
17-03-2025
- Business
- Yahoo
Prospect Resources secures licences for Mumbezhi copper production in Zambia
Australian exploration and development company Prospect Resources has been granted two large-scale mining licences (LMLs) for its flagship Mumbezhi copper project in north-west Zambia. This grant of the LMLs provides 25-year tenure security, renewable for successive 25-year periods. The licences are a cornerstone for further development, financing and long-term operational planning. The LMLs de-risk the project, contrasting with the Australian system where a mining licence is typically the final step before development. With a substantial maiden mineral resource estimate of 107 million tonnes (mt) grading 0.5% copper for 515,000 tonnes, Mumbezhi is poised to support Zambia's goal of producing three million tonnes per annum (mtpa) by 2031. Prospect Resources managing director and CEO Sam Hosack said: 'The rapid grant of the LMLs over Mumbezhi is a testament to both the underlying opportunity presented by this asset as well as the professional and stakeholder-aware approach adopted by our team in Zambia. 'Like our recent tabling of a maiden mineral resource estimate and development of a substantial exploration target for the project, the grant of these licences represents another major milestone in our journey at Mumbezhi, delivering the inherent credibility attached to this more advanced and secure form of tenure.' Prospect is also positioned to benefit from Zambia's mining tax incentives and negotiate additional investment incentives under the Zambia Development Agency framework. Prospect's exploration efforts continue to identify significant potential across the Nyungu Corridor and at Kabikupa. With further drilling planned for the second quarter of 2025, the company aims to increase its copper resource base and progress towards a large-scale mining operation. Hosack added: 'We are also excited about recommencing drilling at Mumbezhi shortly, with a particular focus on the regional opportunities across this large prospective ground holding. Priority targets for the upcoming programmes include the Nyungu 'Corridor', which remains broadly untested to date. 'Located within a world-class geological address, as established by the scale and projected life of the surrounding major copper operations, delivers us a compelling magnitude of opportunity at Mumbezhi.' "Prospect Resources secures licences for Mumbezhi copper production in Zambia" was originally created and published by Mining Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
