December 2025 Quarterly Activities Report
Globenewswire· 2026-01-30 05:05
Core Insights - Robex Resources Inc. achieved significant milestones in the December 2025 quarter, including the first gold pour at the Kiniero Gold Project, marking its transition to a multi-asset gold producer in West Africa [2][10][5] Group 1: Operational Highlights - The first gold pour at the Kiniero Gold Project occurred on December 21, 2025, with a total of 790 ounces produced, indicating successful project execution [10][11] - Nampala Gold Mine produced 11,028 ounces and sold 11,272 ounces of gold during the December 2025 quarter, contributing to a total FY25 production of 45,429 ounces [10][20] - The processing plant ramp-up at Kiniero is underway, with recoveries aligning with expectations and targets for nameplate capacity set for Q1 2026 [10][11] Group 2: Financial and Production Metrics - The total material mined during the December 2025 quarter was 2,534,890 tonnes, with a stripping ratio of 3.89, reflecting a 13.2% reduction from the previous quarter [26] - Ore processed increased by 16.2% to 582,618 tonnes compared to the September 2025 quarter, driven by improved plant availability [26] - The average head grade for the quarter was 0.68 g/t, a slight decrease of 1.4% from the previous quarter, while the gold recovery rate was 87.2% [26] Group 3: Merger and Strategic Developments - Robex secured overwhelming shareholder approval (94.54%) for its proposed merger with Predictive Discovery Limited, positioning the combined entity to become a mid-tier gold producer in West Africa [10][5][25] - The merger is expected to close in Q1 2026, subject to customary closing conditions, including regulatory approvals [27][33] Group 4: Community and Environmental Initiatives - The Kiniero Project contributed to local communities through CSR programs focused on education and social initiatives [14][20] - Robex maintained strong environmental, health, and safety performance, achieving over 6.3 million hours LTI-free since January 2024 [20][14]
CGTN: Beyond differences: Why the British PM calls long-awaited China trip a 'huge opportunity'
Globenewswire· 2026-01-30 04:05
Core Insights - The visit of UK Prime Minister Keir Starmer to China marks a significant step in enhancing bilateral relations, focusing on long-term stability and pragmatic cooperation amid global uncertainties [1][2][4] Economic Cooperation - China and the UK aim to build a comprehensive strategic partnership, emphasizing mutually beneficial economic ties [2][9] - In 2025, goods trade between China and the UK reached $103.7 billion, with services trade expected to exceed $30 billion, and two-way investment stock nearing $68 billion [12] - China is now the UK's third-largest trading partner, supporting approximately 370,000 jobs in the UK [12] - Starmer's delegation included over 60 representatives from the UK's business and cultural sectors, highlighting the importance of economic collaboration [13] Strategic Partnership - Both leaders stressed the importance of transcending differences and maintaining mutual respect to unlock the potential for cooperation [3][4] - Xi Jinping called for joint advocacy of multilateralism and free trade to foster a fairer global governance system [8] - Starmer acknowledged the need for the UK to engage with China, framing the visit as an opportunity for national interest [4] Broader European Context - Starmer's visit reflects a growing trend among European countries seeking pragmatic engagement with China, as seen in recent high-level visits from leaders of France, Ireland, and Finland [5][6] - Analysts suggest that European leaders recognize China's development as an opportunity rather than a threat, promoting a balanced multipolar global order [6][7]
Chinese RISC-V Chipmaker SpacemiT Launches K3 AI CPU, Highlighting the Rise of Open-Source Hardware in Intelligent Computing
Globenewswire· 2026-01-30 04:00
Core Viewpoint - The launch of SpacemiT's K3 AI CPU marks a significant step in the shift towards open architectures and on-device AI computing, aiming to provide a flexible and cost-effective platform for intelligent terminals and edge computing [1][15]. Company Overview - SpacemiT, founded in 2021 and headquartered in Hangzhou, is one of the few Chinese semiconductor companies focused on a "pure RISC-V" strategy, integrating high-performance general computing and AI acceleration into a single chip [4]. - The company emphasizes a "full-stack RISC-V" strategy, covering CPU IP, chip design, operating systems, compilers, AI software stacks, and developer platforms [11]. Product Details - The K3 AI CPU, developed over 1,200 days, is among the first mass-production-ready RISC-V AI CPUs compliant with the RVA23 specification, featuring eight high-performance X100 RISC-V CPU cores with a maximum frequency of 2.4GHz [5]. - K3 delivers up to 60 TOPS of AI compute and supports up to 32GB of LPDDR5 memory, designed for local execution of medium-scale AI models and multimodal applications [6]. - The chip supports models in the 30- to 80-billion-parameter range, with typical system power consumption between 15 and 25 watts [6]. Software and Ecosystem - K3 adopts a co-design approach between hardware and software, supporting mainstream AI frameworks and compilers, and is compatible with major open-source AI ecosystems and Linux distributions [8]. - The company aims to reduce development barriers for deploying AI models on RISC-V platforms, making the experience comparable to x86 and Arm systems [8]. Market Position and Strategy - The company does not aim to compete directly with high-end server CPUs or GPUs but focuses on establishing differentiated advantages in the mid-range computing segment through lower power consumption and higher integration [14]. - SpacemiT's previous-generation K1 chip has achieved shipments of over 150,000 units, providing a foundation for the rollout of K3 [10]. Industry Context - Hangzhou is emerging as a major hub for AI, semiconductor, and open-source technology innovation in China, with SpacemiT recognized as a key player in this ecosystem [12]. - The industry acknowledges that RISC-V still lags behind x86 and Arm in high-end computing and software ecosystem maturity [13].
Shanghai Launches "Spring Festival Gift Packs" with Discounts and Cultural Experiences for the Chinese Lunar New Year
Globenewswire· 2026-01-30 03:39
Core Insights - Shanghai is launching "Spring Festival Gift Packs" to enhance the experience of residents and visitors during the Chinese Lunar New Year, featuring discounted tickets and cultural activities across 60 attractions [1][3][8] Group 1: Discounts and Promotions - The initiative includes attraction discounts of up to 50% off on tickets, along with zodiac-themed promotions and combo passes, making it more affordable for families, tourists, and locals [3][4] - Integrated experience packages are being offered, bundling accommodation with entry tickets or themed tours, providing convenient options for exploring Shanghai during the holiday [5] Group 2: Cultural and Festive Activities - A variety of cultural activities are planned, including intangible cultural heritage performances, interactive pet-themed events, traditional market fairs, and bazaars showcasing China-chic trends, all aimed at enhancing the festive atmosphere [4][7] - Themed tourism products have been curated by travel agencies and hotels, offering itineraries that focus on family-friendly, cultural, and rural leisure experiences, catering to diverse visitor interests [5] Group 3: Strategic Alignment and Industry Impact - The gift packs initiative is part of the "Discover Shanghai" Tourism Guide Super Competition, which aims to develop practical tour recommendations into actual tourism products for visitors during the Spring Festival [6] - Industry observers note that Shanghai is enhancing its appeal as a winter destination by combining affordability with cultural depth, immersing visitors in local customs during this significant holiday [7]
Mission Success: Rocket Lab Launches Korean Earth-Imaging Satellite, Completes 2nd Launch in 8 Days
Globenewswire· 2026-01-30 02:27
Core Insights - Rocket Lab Corporation successfully launched its 81st Electron rocket, marking the second launch in eight days, to deploy the NEONSAT-1A satellite for the Korea Advanced Institute of Science and Technology (KAIST) [1][2][3] Company Performance - The launch of "Bridging The Swarm" took place on January 30, 2026, at 2:21 p.m. NZDT, deploying the NEONSAT-1A satellite into a 540 km low Earth orbit [2] - The NEONSAT-1A satellite is designed to enhance the South Korean government's capabilities in monitoring natural disasters and national security events [2] - Rocket Lab's founder and CEO, Sir Peter Beck, highlighted the strong demand for the Electron rocket and the company's commitment to maintaining its leadership in reliable launch services [3] Future Outlook - Rocket Lab is preparing for a busy launch year in 2026, with upcoming missions planned for commercial Earth observation, international space agencies, national security, and hypersonic technology development [3] - The company has established itself as a leader in the launch services market, having achieved a record number of launches in 2025 [3] Company Overview - Rocket Lab is a prominent space company providing launch services, spacecraft, payloads, and satellite components for commercial, government, and national security markets [4] - The Electron rocket is noted as the world's most frequently launched orbital small rocket, while the HASTE rocket offers hypersonic test launch capabilities [4] - The company has supported over 1,700 missions across various sectors, including GPS, constellations, and exploration missions to the Moon, Mars, and Venus [4]
Kyivstar Group Ltd. Announces Pricing of Secondary Offering of Common Shares
Globenewswire· 2026-01-30 02:06
Core Viewpoint - Kyivstar Group Ltd. announced the pricing of a public offering of 12,500,000 common shares at a price of USD 10.50 per share, with the offering expected to close on February 2, 2026 [1][2]. Group 1: Offering Details - The offering is conducted by VEON Amsterdam B.V. and other selling shareholders, with Kyivstar not selling any shares [1]. - The underwriters have a 30-day option to purchase an additional 1,875,000 common shares at the public offering price [1]. - The offering is subject to customary closing conditions and is being managed by Morgan Stanley, Barclays, Cantor, and Rothschild & Co [2]. Group 2: Company Background - Kyivstar Group Ltd. is a Nasdaq-listed holding company and operates JSC Kyivstar, which is Ukraine's leading digital operator [5]. - The company provides a wide range of services including mobile and fixed-line voice and data, ride-hailing, e-health, digital TV, and enterprise solutions [5]. - Together with VEON, Kyivstar plans to invest USD 1 billion in Ukraine from 2023 to 2027 for infrastructure and technological development [6].
Kaiyi Auto Exports Surge 233% in 2025, Leading Chinese Brands in Overseas Growth
Globenewswire· 2026-01-30 02:00
Core Insights - Kaiyi Auto achieved a remarkable 233% year-on-year increase in export sales in 2025, ranking among the fastest-growing Chinese automotive exporters [1][7] - The brand has climbed six places in global rankings, now operating in 54 countries and regions with over 400,000 users worldwide [1] - Kaiyi aims to reach annual global sales of 1 million vehicles by 2030 [1][9] Future Product Plans - Kaiyi will launch eight new models globally in the next five years, including three SUVs covering B, C, and D segments from 2026 to 2027, featuring ICE, PHEV, and BEV powertrains [5] - Between 2028 and 2030, four to five additional models will follow, including a C-segment sedan, A and E-segment SUVs, and an MPV, all equipped with advanced autonomous driving and Internet of Vehicles (IoV) [5][6] - The product lineup will become more refined, achieving a diversified and comprehensive portfolio across all segments [6] Global Expansion Strategy - Kaiyi plans to operate 6 CKD factories, 13 SKD factories, 5 regional spare parts centers, and over 1,000 service outlets worldwide in the coming years [8] - The company is laying a solid foundation for future expansion through product launches, channel development, and localized testing in multiple countries, including Egypt, Kazakhstan, and Panama [7] - Leveraging its extensive future product plans and rapidly growing global brand influence, Kaiyi is advancing toward its 2030 goal of 1 million annual sales worldwide [9]
M EVO GLOBAL ACQUISITION CORP II Announces Pricing of Upsized $270 Million Initial Public Offering
Globenewswire· 2026-01-30 01:43
Company Overview - M Evo Global Acquisition Corp II is a special purpose acquisition company (SPAC) formed to effect a merger, share exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses [2] - The company intends to focus its search on businesses in the critical minerals sector, which are essential to the economic and national security interests of the United States [2] Initial Public Offering (IPO) Details - The company priced its initial public offering at $10.00 per unit, raising a total of $270 million by offering 27,000,000 units, up from the originally planned 22,500,000 units [1] - The units will be listed on the Nasdaq Global Market under the ticker symbol "MEVOU" starting January 30, 2026, with the offering expected to close on February 2, 2026, subject to customary closing conditions [1] - Each unit consists of one Class A ordinary share and one-half of one redeemable warrant, with each whole warrant allowing the purchase of one Class A ordinary share at a price of $11.50 per share [1] Underwriting and Prospectus Information - Cohen & Company Capital Markets is acting as the book-running manager and lead underwriter for the offering, with an option to purchase an additional 3,000,000 units to cover over-allotments [3] - The offering is being made only by means of a prospectus, which will be available through Cohen & Company Capital Markets or the SEC's website [4]
Muzero Acquisition Corp Announces the Pricing of $175 Million Initial Public Offering
Globenewswire· 2026-01-30 01:25
Group 1 - The Company, Muzero Acquisition Corp, has announced the pricing of its initial public offering (IPO) of 17,500,000 units at $10.00 per unit, with each unit consisting of one Class A ordinary share and one-half of a redeemable warrant [1] - The IPO is expected to close on February 2, 2026, subject to customary closing conditions, and the underwriter has a 45-day option to purchase an additional 2,625,000 units to cover over-allotments [3] - The Company is a special purpose acquisition company (SPAC) focused on effecting a business combination with technology-enabled companies across any industry [6] Group 2 - The management team is led by CEO Von Lam and CFO Yuming Zou, supported by a board of directors with extensive industry and capital markets expertise [2] - BTIG, LLC is acting as the sole book-running manager for the offering [2] - A registration statement for the IPO was declared effective by the U.S. Securities and Exchange Commission (SEC) on January 29, 2026 [4]
Global Launch of iCAUR V27 in Dubai: The Classic New-Energy Boxy SUV Sets Off on Its Worldwide Journey!
Globenewswire· 2026-01-30 01:11
Core Insights - Chery Group's new energy vehicle brand iCAUR is set to globally launch its mid-to-large all-round hybrid SUV, the iCAUR V27, on February 8th, 2026, in Dubai, marking its entry into the Middle East market [1][3] Product Development - The iCAUR V27 has undergone rigorous testing, with over 1,000 test vehicles deployed globally, completing more than 50 comprehensive test programs and exceeding 1 million kilometers in durability testing [5] - The V27 features a boxy body over 5 meters long, classic round headlights, and a spacious interior with a "Stellar Cockpit" concept, including a dual panoramic sunroof and a 2,900mm wheelbase for a comfortable five-seat layout [7] Performance and Technology - The V27 is powered by the Golden REEV (Range-Extended Electric Vehicle) technology, offering over 150 kilometers of pure electric range and more than 1,000 kilometers of combined range, catering to various driving needs [7] - The vehicle includes 39 pre-installed ecosystem ports and a range of upgrade accessories, enhancing the user experience and lifestyle [9] Market Strategy - Following the Dubai launch, the V27 is expected to be introduced in additional countries and regions throughout the year, providing a new choice for consumers seeking a classic, new-energy boxy SUV [10]