Cornish Metals PLC has launched a £135 million fundraising to develop its South Crofty tin mine in Cornwall, aiming for first production by mid-2028. The fundraising includes an £11.2 million investment from Glencore, which will purchase all tin concentrate output for six years under a new agreement. Existing investors and new backers like Leonidsport are also participating. This equity raise is critical to unlocking $210 million in bond financing and supports a £302 million funding plan for the mine's development, accelerating progress both underground and on surface.
Cornish Metals' £135m funding for the South Crofty mine is noted here alongside Basic Materials sector data from Pluang as of Oct 20, 2026 14:01 WIB. Of 83 priced Basic Materials stocks, 31 rose and 50 fell. Nutrien Ltd (NTR) traded at USD 69.31 with a 2.74% decline but saw 100% buy orders and a typical hold time of 60 days, contrasting with Aura Minerals Inc. (AUGO) at USD 84.83 down 2.72% and Aspen Aerogels Inc. (ASPN) at USD 5.32 up 2.50%, held typically for 14 days.
VINCI's subsidiary Cobra IS secured a €165 million contract to construct a cooling plant for a major data center campus in the Iberian Peninsula. The project involves installing mechanical, electrical, and plumbing systems for 126 dry coolers, which ...
VINCI's subsidiary Cobra IS secured a €165 million contract to build the cooling system for a massive data center campus in the Iberian Peninsula. The project includes installing mechanical, electrical, and plumbing equipment for 126 air cooling unit...
Basilea Pharmaceutica announced new clinical and activity data for its antifungal drugs fosmanogepix and isavuconazole, as well as the antibiotic ceftobiprole, to be presented at IDWeek 2026 in Washington D.C. Highlights include pediatric data from f...
Gainsight introduced its AI-native services business, Atlas, which manages over $75 million in annual recurring revenue (ARR) by handling long-tail customer renewals with AI agents and human managers. The company also announced a shift to value-based...
Owl Labs has introduced the Meeting Owl 5, a 4K UHD 360° teleconferencing camera designed for seamless hybrid meetings. It features a 20MP sensor, 360° fisheye lens, AI-powered audio with eight microphones, and an 18-foot voice pickup range. The devi...
