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A criminal charge of aggravated home burglary has been dropped against Mark Caruso, an Australian venture capitalist with strong South African mining links. However, two charges of assault also stemming from an incident in his home state in Australia last year are still pending against Caruso.
This was confirmed to
GroundUp by Jamie Freestone, manager of media and public liaison for the courts of Western Australia, who said Caruso was due back in court on 5 March in connection with the assault charges.
Caruso is a senior executive of Australian Securities Exchange-listed mining company Mineral Commodities Ltd, commonly referred to as MRC. MRC is the parent company of two South African mining subsidiaries: Mineral Sand Resources (MSR) that produces heavy minerals from West Coast beaches at its Tormin mine near Lutzville, and Transworld that has been attempting to develop a titanium mine at Xolobeni on Pondoland’s Wild Coast for more than a decade.
Last modified on Sun 31 Jan 2021 21.39 EST
The former defence minister Christopher Pyne’s lobbying firm has been engaged by another weapons manufacturer to “assist its rapid growth within the Australian defence and government agency market”.
DroneShield, an Australian Securities Exchange-listed firm that makes anti-drone technology and weaponry, announced on Monday that it had engaged the lobbyist firm Pyne and Partners, led by Pyne and his former chief of staff Adam Howard, to help it win a bigger slice of the government’s huge defence expenditure.
Three years ago Pyne posed for photos with DroneShield’s technology at an arms fair in Malaysia, offering his support to “great Australian companies here showcasing their capabilities to the world”.
11:38 AM | January 8, 2021 | Daniel Marshall
Highfield Resources (Pamplona, Spain), in a press release on 21 December, provided an update on its Muga potash project. It reports the engineering and design of its Muga project has progressed in line with its internal plan, and the company is ready to issue all necessary documentation to its construction partner. The key long-lead items, notably the bolter miner, have already been committed.
With the appointment of Endeavour Financial as its debt financial advisor, the company has begun to move forward with its financing strategy. The company is in a position to proceed with the project as soon as the mining concession is granted; there will be no significant new financial commitments until that point.
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