Latest news with #Lulo
The Citizen
14-05-2025
- Health
- The Citizen
Show love to Stepping Stone Hospice this Mandela Day
Stepping Stone Palliative Care Services' mission is to provide palliative care to both young and old patients with life-threatening illnesses, and they rely greatly on donations to continue offering dignity care. They are particularly passionate about supporting their children's unit in Raceview, which is home to vulnerable youngsters like Luloyamo Matsinye, fondly known as Lulo, who has been bravely battling Trisomy18, a rare genetic disorder. Despite the odds, Lulo has made remarkable progress under their care, and they are committed to ensuring that she and other young patients grappling life-limiting illnesses receive the support they need. However, Stepping Stone faces significant challenges in providing around-the-clock care to their children, who require specialised attention and support. That is why they are reaching out to companies to help them make a difference. Lulo was admitted to Parklands ICU in October 2024 for the whole month for seizures. 'It was then reported that her seizures were no longer controllable and we were probably at the end of her life because she was diagnosed with Edward's syndrome/Trisomy 18 at birth,' said Fikile Matsinye, her mother. 'This is a rare genetic disorder where a child is born with 47 chromosomes instead of 46. She has three sets of chromosome 18, hence it's called Trisomy 18.' She said this causes defects in the development of major organs. She was born with two holes in her heart, an underdeveloped brain, and other facial feature defects. 'She has miraculously survived it all without major surgery, unlike other children diagnosed with the same condition. Lulo is not using oxygen as anticipated. Her development has surprised her specialists, who believe she is a miracle baby,' Fikile said. Fast forward to November 2024, from Paediatric Intensive Care Unit, she was stepped down to the Stepping Stone Hospice, 'Where we thought she would not live much longer.' To everyone's surprise, she has never had a single seizure since then and has since recovered. 'Unfortunately, the medical aid authorisation was on the palliative care, and they reviewed the authorisation since her recovery. They started taking funds from the savings, which have now been depleted,' she explained. Unfortunately, children in Stepping Stones Palliative Care Centre's care require around-the-clock care because they cannot function independently. 'We would highly appreciate any form of sponsorship or donations. By sponsoring or adopting Stepping Stone this Mandela Day, you will be contributing to providing palliative care to children with life-threatening illnesses, supporting our children's unit, which cares for youngsters like Lulo and enabling us to continue our vital work,' said Tersia Burger, Stepping Stone Hospice founder and CEO. Contact them to learn more about how you can support the Hospice this Mandela Day on 010 442 5059 or email: fundraising@ At Caxton, we employ humans to generate daily fresh news, not AI intervention. Happy reading!
Yahoo
21-03-2025
- Business
- Yahoo
Lucapa Diamond secures majority stake in Lulo JV in Angola
Australian Securities Exchange (ASX)-listed diamond miner Lucapa Diamond Company has announced the finalisation of its mineral investment contract (MIC) for the Lulo joint venture (JV) in Angola, increasing its stake in the JV to 51%. The contract is now pending a formal signature by the Angolan Ministry of Mineral Resources and Petroleum. The Lulo JV focuses on the exploration of kimberlites at the Lulo concession in Angola. The MIC was proposed to increase Lucapa's interest in the Lulo JV from 39% to a majority stake of 51%. The finalisation of the contract was achieved after a three-day meeting in Angola, where the MIC Committee and JV partners Endiama, Rosas & Petalas and Lucapa agreed on the outstanding details. Lucapa managing director and CEO Alex Kidman said: 'Securing a majority stake of the Lulo exploration JV is a pivotal outcome for Lucapa because it will deliver us an increased share of any exploration success and the finalisation of the new MIC is something a number of our shareholders have been awaiting for a long time. 'The progress with the MIC shows Angola's commitment to Lucapa and to Lulo, as one of the highest profile diamond projects in the country and we look forward to continuing to work with our partners to find the source of Lulo's incredible diamonds.' Currently, the Kimberlite bulk sampling programme is under way at the Lulo concession, with stockpiling of a sample from L130/01. The programme is also preparing to process samples from other promising sites including L349, L137 and L130. In May 2024, Lucapa Diamond announced plans to offload a 70% interest in the Mothae diamond mine in Lesotho. "Lucapa Diamond secures majority stake in Lulo JV in Angola" 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.
Yahoo
04-03-2025
- General
- Yahoo
Hattiesburg Zoo adds new residents: A skunk and a kinkajou
HATTIESBURG, Miss. (WHLT) – The Hattiesburg Zoo welcomed two new residents this month. A skunk named Koni and a Kinkajou named Lulo are the zoo's newest residents. Skunk – Koni Koni is 8 months old and came to the Hattiesburg Zoo through a wildlife rehabber. He will serve as an ambassador animal for the zoo and will assist in outreach and education programs. Serengeti Springs at Hattiesburg Zoo hosting job fair March 8 'We are excited to bring another native species to the Hattiesburg Zoo for our guests to learn about,' said Kristen Moore, director of Wildlife. 'Skunks are often thought of as a smelly nuisance but are really inquisitive and friendly animals that play an important role as pest control in our ecosystems.' Kinkajou – Lulo Lulo is a 4-year-old male Kinkajou that comes to the Hattiesburg Zoo by way of the St. Louis Zoo and Aquarium. Kinkajou are native to Mexico and Central and South America. 'We cannot wait for our guests to see our new friend Lulo,' said Moore. 'He is often seen doing his favorite activity, climbing.' Lulo may be a little more difficult to find so ask a keeper if you can't spot him! Hint: His habitat is located somewhere extraordinarily unique within the Africa section of the Zoo. Close Thanks for signing up! Watch for us in your inbox. Subscribe Now Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
31-01-2025
- Business
- Yahoo
SSAB AB (SSAAF) Q4 2024 Earnings Call Highlights: Navigating Market Challenges with Strategic ...
Operating Result: SEK7.8 billion for the full year 2024, lower than the previous year. Net Cash Position: Maintained at a similar level to the previous year, indicating a strong balance sheet. Q4 Revenue: SEK23.6 billion, 3% lower than the previous quarter and 11% lower than the previous year. Q4 EBITDA: SEK1.6 billion, lower than Q3's SEK2.3 billion and the previous year's SEK3.4 billion. Q4 Shipments: 1,448 kilotons, 9 kilotons lower than the previous quarter and 43 kilotons lower than the previous year. Dividend Proposal: SEK2.6 per share, totaling SEK2.6 billion, to be proposed at the AGM. Net Debt/Equity Ratio: Minus 25%, exceeding the financial target of plus/minus 20. 2025 CapEx Guidance: Maintenance CapEx at SEK3 billion; strategic CapEx increasing due to Lulo investment. Raw Material Costs: Expected to be stable or somewhat higher in Q1 2025. Warning! GuruFocus has detected 1 Warning Sign with BOM:523694. Release Date: January 29, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. SSAB AB (SSAAF) maintained a strong market position in special and premium steels, with record sales to the automotive industry. The company is leading the green steel transition, with significant customer interest in green steel for electric vehicles. SSAB AB (SSAAF) achieved a strong safety performance, ending the year with a safety level of 0.75, reflecting a robust safety culture. The company has a strong balance sheet, maintaining a stable net cash position similar to the previous year. Strategic investments in Lule and Oxelosund are expected to significantly reduce CO2 emissions and reposition SSAB Europe as a premium steel producer. Operating results for 2024 were lower than the previous year, primarily due to price decreases in the American market. Q4 volumes in special steels were lower than expected, partly due to shipment issues and maintenance delays. The construction and automotive segments faced weaker demand, impacting overall sales. The company is facing ongoing strikes in Finland, which could negatively impact Q1 earnings. The market environment remains challenging, with sensitivity to supply and demand fluctuations, particularly in the Americas. Q: Could you provide an update on the strike situation in Finland and its potential impact on Q1 earnings? A: The strike in Finland is ongoing and is planned to last six days. We are trying to minimize its impact, similar to previous strike incidents. However, it is likely to have some effect on Q1 earnings, comparable to past strikes. Q: Is there a possibility to postpone or scale down the Lule investment if the market environment remains weak? A: While the Lule investment is strategically important, we have the flexibility to postpone or delay it if necessary due to market conditions. However, our intention is to proceed with the plans as they are crucial for our strategic goals. Q: Can you explain the rationale behind building two electric arc furnaces with a combined capacity of 2.5 million tonnes in Lule? A: The system is designed for 2.5 million tonnes, with half sent to Borlange for processing and the other half used for the Cold Mill complex. This setup allows us to produce specialty and premium grades, which are in high demand, especially in the automotive segment. Q: How do you view the current market situation for special steels, and do you expect to grow volumes in 2025? A: There is a seasonal effect, but we have maintained our market share despite higher prices than competitors. If interest rates decrease and the construction segment recovers, we are optimistic about volume growth in 2025. Q: What is the expected return on investment for the Lule project, and how does it compare to maintaining the current system? A: The investment in Lule is attractive when considering the avoided costs of maintaining the current system, which would require significant investment. The new system offers modern, efficient technology and positions SSAB Europe as a supplier of unique customer value, making the investment decision sensible. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus.
