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Endeavour Mining : pivots to exploration to shake 'M&A junkie' image after deal spree


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JOHANNESBURG/TORONTO (Reuters) - Canadian gold firm Endeavour Mining, which is preparing for a London listing late next quarter, is switching its focus to integrating new mines after a $2.7 billion acquisition spree in West Africa last year spooked some investors.
The group, whose share price has underperformed a wider index of gold mining stocks to slide nearly 30% since mid-2020, is hitting the brakes on new purchases after buying mining firms Semafo and Teranga Gold in the last year.
Chief Executive Sebastien de Montessus said his priority now is to show shareholders he is committed to organic growth in six core gold mines across Ivory Coast, Senegal, and Burkina Faso. ....

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Call for integrating private sector demands with PSDP


Call for integrating private sector demands with PSDP
Islamabad
February 25, 2021
Islamabad : Member (Private Sector Development) at the Planning Commission Asim Saeed on Wednesday said the Ministry of Planning, Development and Special Initiatives is the investment arm of the government and is keen to align private sector demands in PSDP.
He was addressing a meeting of Industry and Enterprise Sub-Committee meeting of National Advisory Committee of Planning Commission that met under the convenorship of Dr Abid Qaiyum Suleri, head of Sustainable Development Policy Institute here Wednesday.
Mr Saeed exhorted the private sector to be forthcoming so that its demands-based proposals may get incorporated in the PSDP through relevant ministries. ....

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Novel algorithm for integrating solar, wind, hydrogen

A new, nature-inspired algorithm has been applied by scientists in Egypt and Saudi Arabia to optimize the production of green hydrogen via solar and wind power generation. The proposed energy system consists ....

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