Latest news with #DPM
Business Recorder
13 hours ago
- Business
- Business Recorder
Key aspects of sugar sector reviewed
ISLAMABAD: The high-level committee reviewed key aspects of the sugar sector, including domestic production, import needs, supply chain efficiency, and market availability. It also decided in-principle approval for the import of 0.5 million tonnes of sugar. Deputy Prime Minister (DPM)/Foreign Minister Ishaq Dar chaired a follow-up meeting to review the pricing and supply of essential food items, particularly sugar. The meeting was attended by the Minister for National Food Security, SAPM Tariq Bajwa, secretaries of food security and industries, and other senior government officials. The DPM reaffirmed the government's commitment to protecting the interests of both consumers and suppliers, and to ensuring that essential commodities remain affordable and accessible. Copyright Business Recorder, 2025
The Market Online
a day ago
- Business
- The Market Online
Dundee Precious Metals buys into Newfoundland gold stock
Galloper Gold (CSE:BOOM) has raised C$250,000 from Dundee Precious Metals (TSX:DPM) to support ongoing development Proceeds will fund exploration on Galloper's Glover Island property, where 2024 drilling yielded multiple intercepts indicative of multi-deposit potential Galloper Gold is a mineral explorer active in the Central Newfoundland gold belt The Newfoundland gold stock has given back 30 per cent year-over-year Galloper Gold (CSE:BOOM) has raised C$250,000 from Dundee Precious Metals (TSX:DPM) to support ongoing development, issuing 5 million shares priced at C$0.05 each through a non-brokered private placement. Galloper will allocate the proceeds towards exploration on its flagship 133-square-kilometre Glover Island property in Newfoundland, 24 kilometres southeast of Corner Brook. The company intends to break ground in Q3 to test the property's numerous mineral occurrences, including a copper anomaly, as well as a historical gold zone featuring a 7.5-kilometre-long trend hosting favorable host rocks. Drilling in 2024 yielded highlights of 15 metres (m) at 2.62 grams per ton (g/t) of gold, 3.80 m at 6.92 g/t gold and 23.5 m at 0.72 g/t gold, which Hratch Jabrayan, Galloper Gold's chief executive officer, believes to support 'the distinct possibility of multiple shallow deposits lined up along a contact zone that may continue well beyond its original 12 kilometre estimate.' All shares issued will be subject to a statutory hold period expiring in four months and one day, as per Canadian securities law. Leadership insights 'The strategic investment by Dundee is a critical sign of support for Galloper's exploration activities as we move towards a robust drill program later this year,' Jabrayan stated in Friday's news release. 'We hope to work collaboratively with Dundee to achieve ongoing success in the mining and minerals industry.' About Galloper Gold Galloper Gold is a mineral explorer active in the Central Newfoundland gold belt. The company's Glover Island and Mint Pond properties are prospective for both gold and base metals. The Newfoundland gold stock (CSE:BOOM) opened unchanged trading at C$0.07. The stock has given back 30 per cent year-over-year. Join the discussion: Find out what everybody's saying about this Newfoundland gold stock on the Galloper Gold Corp. Bullboard and check out the rest of Stockhouse's stock forums and message boards. The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.
Business Recorder
7 days ago
- Politics
- Business Recorder
Pakistan didn't seek ceasefire: FO
ISLAMABAD: Pakistan on Saturday refuted India's assertion that it had requested a ceasefire following Indian aggression on May 10. 'We categorically reject claims that Pakistan sought a ceasefire following the Indian aggression'. Spokesperson of the Foreign Office Ambassador Shafqat Ali Khan stated this while responding to the claims in Indian media that Deputy Prime Minister/ Foreign Minister, Ishaq Dar said that Pakistan requested a ceasefire with New Delhi. In response to media queries regarding claims in Indian media, the spokesperson said the Deputy Prime Minister/ Foreign Minister, has in his media interviews and statements, explained that Pakistan responded decisively to Indian aggression in exercise of its right to self-defence. 'Friendly states, including Saudi Arabia, and particularly the United States, played a crucial role in facilitating the ceasefire between Pakistan and India,' Ambassador Khan added. India's Modi maintains there was no US mediation in ceasefire with Pakistan The sequence of events clearly demonstrates that Pakistan did not initiate or ask anyone for a ceasefire but agreed to it when around 0815 am on 10th May 2025, US Secretary of State Marco Rubio called the DPM/ FM, Senator Mohammad Ishaq Dar, and informed that India is ready to ceasefire if Pakistan is willing, he pointed out. The FO spokesperson asserted the Deputy Prime Minister confirmed Pakistan's acceptance and later around 9 am Saudi FM Prince Faisal also called DPM and informed the same about India and sought same confirmation which Secretary of State Marco Rubio had sought earlier. Copyright Business Recorder, 2025
BusinessToday
21-06-2025
- Business
- BusinessToday
Malaysia DPM Heads To Uzbekistan
Malaysia's Deputy Prime Minister (DPM) and Minister of Energy Transition and Water Transformation Datuk Seri Fadillah Yusof will lead a high-level delegation to the Republic of Uzbekistan from June 21 to 24, 2025, as part of a strategic mission to strengthen bilateral cooperation in energy, trade and public service innovation. The visit, which underscores Malaysia's deepening engagement with Central Asia, will see Fadillah holding key discussions with Uzbek leaders, including a courtesy call on President Shavkat Mirziyoyev on June 23. He is also scheduled to meet Uzbekistan's Minister of Energy Mirzamahmudov Jurabek Tursunpulatovich to explore collaborative opportunities in renewable and clean energy, sectors central to Malaysia's energy transition roadmap. Accompanied by Deputy Foreign Minister Datuk Mohamad Alamin, Fadillah will also deliver a keynote address at the United Nations Public Service Forum 2025 in Samarkand, where he will highlight Malaysia's innovations and best practices in governance and public sector reform. Rounding off the visit, the DPM will participate in the Malaysia-Uzbekistan Business Forum 2025 in Tashkent on June 24. The forum aims to foster new business linkages and expand economic cooperation between the two nations. Trade between Malaysia and Uzbekistan reached RM369.8 million in 2024, with Malaysian exports accounting for RM365.1 million. From January to April 2025, bilateral trade has already hit RM106 million, signalling growing commercial potential. The four-day visit reaffirms Malaysia's commitment to advancing strategic partnerships with Uzbekistan and promoting sustainable, mutually beneficial growth in both the public and private sectors. Related
Daily Mail
17-06-2025
- Business
- Daily Mail
While the cat's away… Deputy PM Angela Rayner chairs Cabinet for the first time with Keir Starmer in Canada for G7 summit
had an opportunity to test out the big seat today as the Deputy Prime Minister chaired Cabinet for the first time. With Sir Keir Starmer at the G7 in Canada it was left to his number two to host the regular gathering of ministers in Downing Street. It is the first time she has stepped up this way since Labour won power, and the first time a DPM has taken Cabinet since Dominic Raab stood in for the hospitalised Boris Johnson during the Covid pandemic. It comes amid signs that Ms Rayner is the minister best placed to replace Sir Keir if and when he steps down. Earlier this month she received a huge leap in popularity among Labour members after demanding tax rises in a leaked memo. She earned a massive 71-point approval rating, up from 46 points, on LabourList's Cabinet league table as ranked by party members, after calling on Rachel Reeves to raise £3billion to £4billion a year from the wealthy. Ms Rayner also came second on a list of potential prime ministers should Sir Keir not fight the next general election, winning the backing of 47 per cent. She is only behind Greater Manchester mayor Andy Burnham, who doesn't have a Westminster seat. US President Donald Trump and Sir Keir signed off a US-UK deal that will slash trade barriers on goods from both countries at the G7 on Monday. But US tariffs for the steel industry will stand at 25 per cent for now rather than falling to zero as originally agreed. This is less than the US global rate of 50 per cent for steel and aluminium. The two leaders pledged to 'make progress towards 0 per cent tariffs on core steel products as agreed', the Department for Business and Trade said. The Chinese ownership of the British Steel could be a sticking point in the deal on steel as the executive order signed by Mr Trump suggests the US wants assurances that the metal originates in the UK. 'The United Kingdom also committed to working to meet American requirements on the security of the supply chains of steel and aluminium products intended for export to the United States and on the nature of ownership of relevant production facilities,' the order states. After signing it, the US President was asked whether steel tariffs would be eliminated, to which he replied: 'We're gonna let you have that information in a little while.' Wes Streeting and Rachel Reeves arriving for Cabinet
