On Wednesday, Shares of Ford Motor Co. (NYSE:F), gained 0.13% to $15.02.
Ford Motor Company Fund is expanding the Ford College Community Challenge (C3) to Africa, offering universities in four countries the innovative global program that empowers students to improve their communities through sustainability projects.
Ford Fund, the philanthropic arm of Ford Motor Company, will invest more than $100,000 to launch the C3 program in Africa. Under the program, student-led community projects will be chosen in Ghana, Kenya, Morocco and South Africa that address critical local needs and create a more sustainable place to live and work.
“Education is a cornerstone of Ford Fund’s commitment to a better world,” said Jim Vella, president, Ford Motor Company Fund and Community Services. “Through programs like Ford C3, we are able to assist accelerate educational innovation, and empower students to become transformative agents of change in their communities.”
Introduction of the C3 program builds on Ford’s increasing community presence in the Middle East and Africa region.
Ford Motor Company manufactures and distributes automobiles worldwide. The company operates through two sectors, Automotive and Financial Services. The Automotive sector develops, manufactures, distributes, and services vehicles, parts, and accessories.
Shares of Kinross Gold Corporation (NYSE:KGC), inclined 5.19% to $2.43, during its last trading session.
Kinross Gold Corporation, has been ranked the top mining company on the list of Top 50 Most Socially Responsible Companies in Canada developed by Maclean’s magazine in partnership with Sustainalytics, an independent sustainability investment research firm.
The ranking, which appears in the June 15th edition of Maclean’s, comes after Kinross was recognized earlier this month as one of Canada’s Best 50 Corporate Citizens for the sixth successive year by Corporate Knights, a media and research firm that promotes social responsibility in the private sector.
Kinross strives to conduct all its operations in a manner that is safe for employees and local communities, protective of the environment and beneficial to the host countries and communities where it operates. Kinross’ key corporate responsibility accomplishments and commitments comprise:
- A ‘safety first’ approach that has resulted in one of the top safety records in the industry.
- A commitment to generating sustained economic benefits in the communities and countries where Kinross operates with:
- 98% of the company’s workforce from the host countries where Kinross operates
- 78% of total expenditures at Kinross’ operations spent in host countries in 2013
- 74% of all goods and services procured in host countries in 2013
- The implementation of Site Responsibility Plans at each site, which provide a framework for engaging stakeholders and developing strategies that support Kinross’ commitments to its host communities. In 2014:
- 90,500 stakeholders were engaged in active dialogue regarding company activities
- Kinross contributed to 687 local community programs, initiatives and events affecting an estimated 805,000 people
- Kinross is also a signatory to the United Nations Global Compact and one of the original signatory companies to the International Cyanide Administration Code.
Kinross Gold Corporation, together with its auxiliaries, engages in the acquisition, exploration, and development of gold bearing properties. It is involved in mining and processing gold and silver ores. The company’s gold production and exploration activities are carried out principally in Canada, the United States, the Russian Federation, Brazil, Chile, Ghana, and Mauritania.
Finally, Eclipse Resources Corporation (NYSE:ECR), ended its last trade with -4.72% loss, and closed at $5.85.
Eclipse Resources Corporation, declared that, subject to market conditions, it intends to offer $650 million in aggregate principal amount of senior unsecured notes due 2023 in a private placement to eligible purchasers under Rule 144A and Regulation S of the Securities Act of 1933, as amended.
The Company intends to use a portion of the net proceeds of the offering to finance the redemption of its outstanding 12.0% senior unsecured PIK notes due 2018. The Company intends to use the remaining net proceeds to fund the Company’s capital expenditure plan and for general corporate purposes.
Eclipse Resources Corporation, an independent exploration and production company, acquires and develops oil and natural gas properties in the Appalachian Basin. The company owns interests in the Utica Shale and Marcellus Shale areas.
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