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If you are looking for a combination of big returns and some mining sector exposure, then it could be worth looking at ( ) shares. This ASX mining stock is focused on the exploration and production of future-facing metals through the Sulphur Springs copper-zinc-silver project and the Pioneer Dome Lithium project in Western Australia, and the Woodlawn zinc-copper project in New South Wales. The company also provides underground mining services to companies such as ( ), ( ) and ( ). What is the broker saying about this ASX mining stock? Bell Potter is very positive on the company. It was pleased to see that a has just been signed for the Woodlawn mine. It said: DVP has announced that the documentation of the commercial terms for the A$100m loan facility and five-year offtake agreement for Woodlawn concentrate production has been finalised with Trafigura, one of the largest global commodity trading firms. The facility and offtake agreements are critical de-risking milestones for the restart of operations at Woodlawn, with Trafigura a credible counterparty. We see scope for further commercial dealings between Trafigura and DVP for the development of Sulphur Springs and Pioneer Dome. The loan, together with cashflow from DVP's Mining Services business and cash at bank ($30.5m at 30 September 2024), should more than satisfy all capital expenditure requirements. Time to buy Bell Potter points out that production should be starting in the coming months, leaving the company well-placed to start generating cash flow in 2025. It adds: DVP is also making rapid progress with its plant modifications, which are being implemented by GR Engineering (GNG; not rated) and DVP staff. Pleasingly, plant refurbishment is currently 50% complete and is on time and budget. Ore productioœn is scheduled to commence in the March 2025 quarter with first concentrate production and cashflow anticipated in the June 2025 quarter (previously mid-CY25). In light of the above, the broker has retained its buy rating and $3.50 price target on the ASX mining stock. Based on its current share price of $2.46, this implies potential upside of 42% for investors over the next 12 months. Commenting on its buy rating, the broker said: DVP has demonstrated impressive execution of workflows to date to enable a timely and within-budget restart of operations at its flagship Woodlawn operations. Ramping production in FY26 is expected to coincide with increasing activity at the Mining Services business, delivering a transformation in the company's EPS outlook.When will Squid Game Season 3 release, and here's what may happen in the final season
( MENAFN - JCN NewsWire) MHI Included in "World Index" of Dow Jones Sustainability index for Second Consecutive Year - Selection Based on Company's Excellent ESG investment Criteria - - Company scored high in terms of overall ESG performance - Placed in 97th percentile within its industry TOKYO, Dec 27, 2024 - (JCN Newswire) - Mitsubishi Heavy Industries, Ltd. (MHI) has been selected for inclusion in the "World Index" of the Dow Jones Sustainability Index (DJSI), one of the world's leading investment indices for ESG (environmental, social and governance) performance. This is the second consecutive year that MHI has been included in the world index. The Company scored an overall ranking in the 97th percentile, in reflection of its strong initiatives in all ESG areas and the high quality of its disclosure reports. The DJSI was developed in 1999 by the U.S. firm S&P Dow Jones Indices and the Swiss investment advisory company RobecoSAM. Based on long-term shareholder value, listed companies around the world are assessed in terms of their overall economic, environmental, and social criteria, with those determined to have exceptional sustainability selected for inclusion in the index. MHI was one of 321 companies selected for the DJSI's 2024 World Index (of which 37 were Japanese companies). MHI Group proactively implements a diverse portfolio of ESG measures toward realizing a sustainable society. These include measures to reduce environmental loads from its own and its value chain, active promotion of diversity, and strengthening of the Company's corporate governance and disclosures. Going forward, MHI will continue robust pursuit of its dual aims of realizing a sustainable society and building up its enterprise value over the long term. About MHI Group Mitsubishi Heavy Industries (MHI) Group is one of the world's leading industrial groups, spanning energy, smart infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit or follow our insights and stories on . MENAFN26122024003415003250ID1109033799 Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.
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When the page turns on 2024, it will be time to say goodbye, once and for all, to the amateur athlete in college sports. In theory, the concept held on stubbornly via the quaint and now all-but-dead notion that student-athletes played only for pride, a scholarship and some meal money. In practice, the amateurs have been disappearing for years, washed away by the steady millions, now billions, that have flowed into college athletics, mostly through football and basketball both through legitimate and illicit means. In the coming year, the last vestiges of amateur college sports are expected to officially sputter out — the final step of a journey that has felt inevitable since 2021. That’s when the Supreme Court laid the foundation for paying college players in exchange for promotions — on social media, TV, video games, you name it — featuring their name, image or likeness (NIL). The changes have come in spasms so far, not always well thought out, not always fair and not regulated by any single entity like the NCAA or federal government, but rather by a collection of state laws, along with rules at individual schools and the leagues in which they play. But on April 7, the day final approval is expected for the landmark, $2.8 billion lawsuit settlement that lays the foundation for players to receive money directly from their schools, what was once considered anathema to the entire concept of college sports will become the norm. David Schnase, the NCAA’s vice president for academic and membership affairs, acknowledges that maintaining the unique essence of college sports is a challenge in the shifting landscape. “You can use the word ‘pro,’ you can use the word ‘amateur,’ you can attach whatever moniker you want to it, but those are just labels,” Schnase said. “It’s much less about labels and more about experiences and circumstances. Circumstances are different today than they were last year and they are likely going to be different in the foreseeable future.” Few would argue that college athletes shouldn’t get something back for the billions they help produce in TV and ticket revenue, merchandise sales and the like. But is everyone going to cash in? Are college players really getting rich? Recent headlines suggest top quarterback recruit Bryce Underwood was lured to Michigan thanks to funding from billionaire Oracle founder Larry Ellison, and that a top basketball recruit, A.J. Dybantsa, is heading to BYU — not a hoops powerhouse — for the reported price of $7 million. For every Underwood or Dybantsa, though, there are even more Matthew Slukas and Beau Pribulas. Sluka’s agent says his son agreed to play quarterback at UNLV after a promise of receiving $100,000 and quit three games into the season after the checks never came. Pribula was the backup quarterback at Penn State who abruptly entered the transfer portal earlier this month, choosing the college version of free agency over a chance to play with the Nittany Lions in the College Football Playoff. He’s not the only one hitting the portal in hopes of getting rich before new regulations related to the NCAA settlement take effect. “We’ve got problems in college football,” Penn State coach James Franklin said. The settlement will overhaul the current system. Currently, players receive money via third-party collectives that are booster-funded groups affiliated with individual schools. Coming up fast: the schools paying the athletes directly — the term often used here is “revenue sharing” — with collectives still an option, but not the only one. “It’s going to be more transparent,” said Jeff Kessler, the plaintiffs’ attorney and antitrust veteran who helped shape the settlement. “If anything, having the schools handling all the payments is only going to improve the system.” The NCAA has started collecting data about NIL payments, which date to July 2021. Its first set of numbers, which includes data from more than 140 schools across more than 40 sports in 2024, show a bracing disconnect between have and have-nots. For instance, average earnings for football and men’s and women’s basketball players is nearly $38,000. But the median earning — the middle number among all the data points on the list — is only $1,328, a sign of how much the biggest contracts skew the average. The statistics also show a vast difference in earnings between men and women, an issue that could impact schools’ ability to comply with Title IX. That 1972 law requires schools to provide equal athletic scholarships and financial aid but not necessarily that they spend the same dollar amount on men and women. Heading into 2025, there is no clarity on how this issue will play out. Regardless, the numbers are jarring. The NCAA data set shows the average earnings for women in 16 sports was $8,624, compared with $33,321 for men in 11 sports. Men,’s basketball players averaged $56,000 compared with $11,500 for women. The biggest losers from this move toward a professional model could be all the swimmers and wrestlers and field hockey players — the athletes in the so-called non-revenue sports whose programs also happen to serve as the backbone of the U.S. Olympic team. Only a tiny percentage of those athletes are getting rich, and now that universities have to use revenue to pay the most sought-after players in their athletic programs, there could be cuts to the smaller sports. Also, someone’s going to have backfill the revenue that will now go to the players. Well-heeled donors like Ellison are not around for every school, nor have private equity firms started sending money. The average fan will have to pony up, and the last six months have seen dozens — if not hundreds — of athletic directors begging alumni for money and warning them of changes ahead. Already there are schools placing surcharges on tickets or concessions. How will fans respond to a more transactional model of college sports? “I don’t know that fans have this really great love for the idea of 100% pure amateurism,” said Nels Popp, a University of North Carolina sports business professor. “I think what they care about is the colors and the logos and the brand. I don’t know that it matters to them if the players are making a little bit of money or a lot of money. They’ve been making money for the last couple years, and I don’t know that that’s making fans really back off.” The last time amateurism came under such assault was in the 1980s, when the Olympics unwound the final remnants of pretending the vast majority of their athletes were anything other than full-time professionals. The transformation was tinged with a note of honesty: The people putting on the show should reap some benefits from it. Even 40 years later, there’s an good argument they remain underpaid. The contours of the same debate are shaping up in college sports. Athletes are pushing for a players’ association that would add more transparency to a business that, even with the changes coming, is still largely dictated by the schools. The NCAA, while acceding to the need to pay the players, wants nothing to do with turning them into actual employees of the schools they play for. It’s an expensive prospect that is winding its way through the legal system via lawsuits and labor hearings that many in college sports are desperate to avoid for fear it will push the entire industry off the financial cliff. Among the few things everyone agrees on is that things aren’t going back to a time when athletes pretended to play for pride while the money moved under tables and through shadows. And that this, in fact, could only be the start, not the end, of the transformation of college sports. “At some point, I think people might have to understand that maybe college athletes don’t go to college anymore,” Popp said. “Or maybe they don’t go to class during the season. There could be more radical changes, and as long as they’re wearing the right logo and the right colors, I’m not sure that fans really care.” Get local news delivered to your inbox!Dungeons & Dragons is too big for Amazon’s Secret Level anthology
Luigi Mangione left a glowing Goodreads review for Ted Kaczynski 's 'Unabomber Manifesto' -- and the possibility it inspired Mangione's alleged murder of UnitedHealthcare CEO Brian Thompson is heartbreaking, says the late criminal’s brother. David Kaczynski tells TMZ he was told yesterday by a friend that Mangione had read the Manifesto ... and it breaks his heart knowing his brother might be seen as a model for acceptable violent behavior. "It breaks my heart to know in some way – human motivation is very complex -- but in some way, my brother might be seen as a model for acceptable, violent behavior. And in my opinion, there is no such thing" he says. He explains to us people shouldn’t blur the lines between his brother Ted’s ideas in the Manifesto -- which he believes doesn't necessarily lead to violence -- and his "despicable, hurtful actions," which he says can lead to copycats. David reminds us acts of violence can be contagious, adding -- if we spread love and kindness, it can do wonders. But if we hurt others, it has the opposite effect -- a very negative one. There was a Goodreads account under Mangione's name that praised the Unabomber's manifesto as "political revolutionary," giving it a 4-star rating back in January. Mangione was arrested in Altoona, Pennsylvania on Monday ... and denied bail Tuesday.
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