SYDNEY, AUSTRALIA: Titomic Limited, a global leader in cold spray technology, has announced a strategic partnership with Airbus Group, the world’s largest aerospace company. Titomic will provide two cold spray systems to Airbus for EUR 386,900 (AUD 645,000), enabling unique coatings and repairs capabilities for aerospace components. The partnership will also allow Titomic to work…
Vital Metals appoints Dr Geordie Mark as its Managing Director & CEO
SYDNEY, AUSTRALIA: Vital Metals Limited (ASX: VML) announced the appointment of mining sector professional Dr Geordie Mark as its Managing Director & CEO. Most recently, Dr Mark was the Head of Mining for Haywood Securities Inc., where he held different roles and sub-sector coverages from 2008. These responsibilities developed significant experience in assessing natural resource-related…
Rite Aid files for bankruptcy, plans to close stores and restructure debt
Rite Aid, the struggling drugstore chain, has filed for Chapter 11 bankruptcy protection and announced a plan to restructure its debt and close underperforming locations. The company said it reached a deal with creditors on a $3.45 billion financing package that will provide enough liquidity for its turnaround strategy. The company has been facing slowing…
SkyCity Entertainment CEO Michael Ahearne to resign
SYDNEY, AUSTRALIA: SkyCity Entertainment Group Limited (SkyCity) announced today that its Chief Executive Officer, Michael Ahearne, will resign from his position by the end of March 2024 and move back to Europe with his family. Michael joined SkyCity in December 2017 as the Group Chief Operating Officer and became the Chief Executive Officer in November…
Seeing Machines and Raytheon developing aviation fatigue detection solution
LONDON, UK: Seeing Machines Limited has signed a Purchase Agreement and Statement of Work with Collins Aerospace, a Raytheon Technologies (NYSE: RTX) business, and a leader in technologically advanced and intelligent solutions for the global aerospace and defence industry. This joint development of a fatigue risk management solution using Seeing Machines technology, will be taken…
Safestay Plc has agreed to acquire Edinburgh Hostel for £4.3 million
LONDON, UK: Safestay Plc (AIM: SSTY), the owner and operator of an international brand of contemporary hostels, has agreed to acquire a freehold property in the centre of Edinburgh, which until a few years ago operated as a hostel, for cash consideration of £4.3 million. The property is an attractive and spacious Grade A listed…
Orosur Mining teams up with Jurassic Mines to explore for lithium pegmatites in Nigeria
LONDON, UK: Orosur Mining Inc., a minerals explorer and developer with operations in Colombia, Argentina and Brazil, has announced a joint venture agreement with Jurassic Mines Ltd. to explore for lithium in Nigeria. The company believes that Nigeria has great potential for lithium pegmatite deposits, which are used to make batteries for electric vehicles and…
IBM ups its offer for Corcel’s share of Mambare, a nickel/cobalt project in Angola
LONDON, UK: Corcel Plc, the Angolan focused exploration and production company, has received a revised offer from Integrated Battery Metals (IBM) to purchase the company’s 41% interest in the Mambare nickel/cobalt project. IBM has conditionally agreed to purchase Corcel’s 41% interest in the Mambare nickel/cobalt project (including the outstanding shareholder loans due to Corcel by…
Genesis Minerals makes a $328 million bid for Dacian Gold, a rival mining company
SYDNEY, AUSTRALIA: Genesis, a mining company, wants to buy all the shares of Dacian, another mining company, that it does not own yet (about 80% of Dacian’s shares). Genesis has made a formal offer to Dacian’s shareholders, which has been approved by Dacian’s board. The offer is as follows: Dacian Independent Non-Executive Chairman, Craig McGown,…
Google Introduces AI Image Generation Feature Following DALL-E 3’s Success
Google, the search engine giant, is taking cues from Bing by incorporating a controversial new feature. In response to Microsoft’s recent inclusion of DALL-E 3, an AI image generator, in its rival search engine, Google is launching a similar function of its own. This move aims to expand access to AI-generated images for users. Here…
Ubuntu 23.10 Released with New Features and Improvements
Canonical has released Ubuntu 23.10, codenamed Mantic Minotaur, to the public. The new release of the Linux distribution introduces a large number of changes, including: Other notable changes in Ubuntu 23.10 include: Upgrading to Ubuntu 23.10 Existing Ubuntu desktop users may receive prompts when the upgrade is available. These prompts should be displayed a few…
Asus Chromebox 5 Mini PC: A Sleek and Functional Desktop Solution
The Asus Chromebox 5 represents the company’s fifth iteration of its desktop ChromeOS solution. It’s a significant step forward, bridging the gap between contemporary computing technology and the components you might have encountered in desktops or laptops from several years ago. Performance and Model Options In contrast to its predecessor, the Asus Chromebox 4, which offered 10th generation…