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Schneider Electric Foundation turns 25 and launches the ‘25 Years Young’ campaign in Anglophone Africa

Updated 4 hours ago ‘25 Years Young’ celebrates the 25th anniversary of the foundation A global call for contributions will award impactful and innovative youth projects  To mark the 25th anniversary of its foundation, Schneider Electric, the leader in the digital transformation of energy management and automation,... 

Base Resources, Energy Fuels to merge, create enhanced critical minerals company

By: Tasneem Bulbulia     Updated 5 hours ago ASX- and Aim-listed Base Resources and US-based uranium and critical minerals producer Energy Fuels have reached a binding agreement for Energy Fuels to acquire 100% of the issued shares in Base Resources by way of scheme of arrangement. Base shareholders are to receive 0.0260 Energy Fuels common... 

QPM shifts focus to gas and energy, curtails TECH spending

By: Creamer Media Reporter      22nd April 2024 Mining and energy group Queensland Pacific Metals (QPM) has unveiled a strategic overhaul aimed at accelerating growth and advancement of its gas and energy assets. The ASX-listed company has chosen to priorities the expansion and enrichment of its Moranbah gas project, in the Bowen Basin. 

Mayur secures $155m for PNG lime project

By: Mariaan Webb     22nd April 2024 Australia-listed Mayur Resources on Monday announced complete funding for its flagship Central Lime Project (CLP), marking a step towards positioning Papua New Guinea as a major lime exporter in the Australasian region. The financing, totaling $155-million, has been secured through a combination... 

Pensana seeks to extend $15m loan facility

By: Sabrina Jardim     19th April 2024 Further to the Angolan Sovereign Wealth Fund advancing a $15-million loan facility to London-listed Pensana in August 2023, Pensana reports that discussions have been held regarding the extension of the loan facility to coincide with the anticipated finalisation of the main financing. The loan... 

GoviEx in talks with Niger govt on Madouela start date

By: Sabrina Jardim     19th April 2024 TSX-V listed GoviEx Uranium is in discussions with the government of Niger regarding the start of mining operations after having received notice that it must begin mining at its Madaouela uranium project by July 3, or risk having its mine permit revoked. The company says it is committed to... 

Over-optimistic, exaggerated expectations in platinum market can lead to bad investment decisions, says CPM

By: Marleny Arnoldi     19th April 2024 Independent commodity research group CPM Group managing partner Jeffrey Christian has dispelled some of the common myths in the platinum market, which can lead to bad investment decisions on the part of producers, investors, governments and other financing sources. “There are high costs to making... 

Iluka posts lower first-quarter volumes as planned

By: Marleny Arnoldi     19th April 2024 Australia-focused mineral sands and rare earths miner Iluka Resources has reported lower year-on-year production of most of its commodities owing to inventory management and a major maintenance outage in the quarter ended March 31. The company’s zircon/rutile/synthetic rutile production totalled... 

Hancock Prospecting sells stake in Catalyst Metals

By: Sabrina Jardim     19th April 2024 ASX-listed Catalyst Metals reports that the entire remaining substantial shareholding held by Hancock Prospecting in Catalyst Metals’ ordinary shares has been acquired by directors and senior management of Catalyst and institutional investors. Hancock has, therefore, ceased to be a substantial... 

Godolphin takes 100% control of Narraburra rare earths project

By: Darren Parker     19th April 2024 ASX-listed Godolphin Resources has agreed to acquire the remaining 49% interest in the flagship Narraburra rare earths elements (REE) project in New South Wales, Australia, in which it already holds a 51% stake, from joint venture (JV) partner EX9. Godolphin will gain full control of the asset as... 

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