SYDNEY, AUSTRALIA: Australian Vanadium Limited (AVL) and Technology Metals Australia Limited (TMT) have announced that they have agreed to merge their respective vanadium projects in Western Australia via a scheme of arrangement. The merger will create the leading Australian vanadium developer and will enable the combined group to realise the full value of the Gabanintha…
GPT Group names Russell Proutt as new CEO
SYDNEY, AUSTRALIA: The GPT Group (ASX: GPT), a leading Australian property company, has announced the appointment of Russell Proutt as its new Chief Executive Officer and Managing Director (CEO). Mr Proutt will replace Bob Johnston, who will step down after leading the Group for over six years. Mr Proutt has over 30 years of global…
Strandline appoints new MD as Coburn ramps up
SYDNEY, AUSTRALIA: Strandline Resources Limited (ASX: STA), a mineral sands producer, has announced that Jozsef Patarica has been appointed as its new Managing Director. Mr Patarica, who joined Strandline as Chief Executive Officer in July 2023, replaces Luke Graham, who resigned after leading the company through the exploration, development and construction phase of its growth…
Christopher Raggett appointed CEO of Molecular Energies
LONDON, UK: Molecular Energies (AIM: MEN) announced the appointment of Christopher Raggett as Chief Executive Officer of Green House Capital Group PLC (“GHC”), a 75% subsidiary of Molecular, which it intends to spin out by way of an initial public offering on the AIM Market of the London Stock Exchange in Q4 this year. Christopher,…
Aviva plc has acquired AIG Life UK for £460 million
LONDON, UK: Aviva plc announced the acquisition of AIG Life Limited (AIG Life UK) from Corebridge Financial, Inc., a quoted subsidiary of American International Group, Inc. (AIG), for consideration of £460m, a statement said. The transaction builds upon Aviva’s momentum in the protection market, where Aviva has delivered strong organic growth through an award winning…
Berry Bros. & Rudd and Atlantis Wine Holdings to take over Hambledon Vineyard
LONDON, UK: CVI U.K. Ltd, a newly incorporated entity owned directly by Berry Bros. & Rudd and Atlantis Wine Holdings, has agreed on the terms to acquire Hambledon Vineyard plc at the rate of 180 pence for each ordinary share and each ordinary B share. Accordingly, the offers value Hambledon’s existing issued and to be…
Kavango Resources expands its copper/silver project in Botswana
LONDON, UK: Kavango Resources plc (LSE:KAV), a metals exploration company focused on Southern Africa, has announced that it has agreed to acquire a 90% working interest in six Prospecting Licences (PLs) in Botswana’s Kalahari Copper Belt (KCB) from Global Exploration Technologies (Pty) Limited (GET), a subsidiary of ENRG Elements (ASX:ENRG). The PLs are located next…
Australian Mines appoints new CEO with battery metals expertise
SYDNEY, AUSTRALIA: Australian Mines Limited (AUZ), a company developing the Sconi Battery Mineral Project in Queensland, has announced the appointment of Andrew Luke Nesbitt as its new Chief Executive Officer (CEO), effective from 2 October 2023. Mr Nesbitt is a mining engineer and an MBA graduate with over 25 years of experience in the natural…
How Cloud and AI Technologies are Boosting Small Businesses in Healthcare, Education and Agriculture
Small and medium businesses (SMBs) are the backbone of the global economy, accounting for most of the jobs and economic output in many countries. However, they often face challenges such as limited resources, access to markets, and skills gaps that hinder their growth and innovation potential. Fortunately, cloud computing and artificial intelligence (AI) technologies are…
PlayStation Plus to lose 16 free games after October 17
PlayStation Plus subscribers will have to say goodbye to some of their favourite games as Sony has announced that 16 titles will no longer be available for free on the service after October 17. This is a big disappointment for gaming enthusiasts who enjoy playing these games without paying extra. Some of the popular games…
Rite Aid negotiating bankruptcy plan to close stores
Rite Aid is negotiating with creditors over the terms of a bankruptcy plan that would include closing roughly 400 to 500 stores, according to a report in the Wall Street Journal on Friday. The company operates more than 2,330 drugstores in 17 U.S. states, although it is much smaller than rivals such as Walgreens Boots…
Microsoft to launch Windows 11 Moments update with AI helper Copilot
Microsoft announced that it will release the fourth Moments update for Windows 11 next week, which includes a preview version of Windows Copilot, an AI-powered assistant that can perform various tasks on the PC. Windows Copilot is the main feature of the update, and it will also be available in other Microsoft products and services,…