
Researchers aboard the International Space Station grew the fungus Penicillium simplicissimum with powdered meteorite and recovered measurable palladium, marking the first successful orbital biomining of a precious metal. The fungal cultures outperformed a bacterial counterpart, extracting 18 of 44 measured elements from the rock. Microgravity altered fluid dynamics and fungal metabolism, boosting organic‑acid production that facilitated metal leaching. The findings demonstrate that living systems can actively process extraterrestrial resources, a key step toward in‑situ resource utilization for deep‑space missions.

Eastern Pacific Shipping (EPS) has placed two additional 306,000 dwt VLCC orders with China’s Hengli Shipbuilding, expanding its fleet to ten VLCCs at the yard. The vessels are part of a five‑ship order slated for delivery in 2029‑2030, completing a broader...

Korea Marine Transport Co (KMTC) has placed a KRW 372.4 bn ($258 m) order for six 1,800‑TEU feeder containerships with HD Hyundai shipyards. The vessels are scheduled for delivery between August 2027 and June 2028, adding to KMTC’s fleet of more than 60 ships that...
Osisko Metals is spearheading the revival of Quebec’s historic Gaspé copper mine, the largest undeveloped copper resource east of the Mississippi. The company, which acquired the property from Glencore for $45 million, expects a resource update by March 31 and a preliminary...
Canadian billionaire Eric Sprott has invested C$23 million (≈ $16.8 million) for a 9.9 % equity stake in British Columbia‑focused junior American Eagle Gold. The deal, executed at C$1.20 per share, pushes the company's market capitalization to roughly C$163 million and brings its cash balance...

Japan announced a $36 billion investment in the United States as the first phase of a broader $550 billion partnership, with most of the capital earmarked for a 9.2‑gigawatt natural‑gas‑fired power plant in Ohio. The project aims to address rising electricity demand...

Nickel Asia Corp (NAC) posted a 312% jump in net income to ₱6.27 billion, driven by record nickel ore prices and a 56% rise in EBITDA. The company announced three new wholly‑owned subsidiaries to support a geothermal holding entity, a shared‑services...

The article highlights how simultaneous geopolitical tensions at the Strait of Hormuz, the Red Sea, and Pakistan’s Arabian Sea threaten global maritime trade. Iranian Revolutionary Guard warnings triggered tanker stand‑offs, navigation interference, and a surge in war‑risk insurance premiums, while...

Cities are emerging as powerful actors in ocean governance, using port regulations, municipal procurement, and data tools to shape maritime behavior. Port clean‑air initiatives in Los Angeles and Long Beach have forced shipping lines toward lower‑emission fuels and shore power. Municipal buyers...
State‑owned QatarEnergy Marketing postponed its March Qatar Sulphur Price (QSP) announcement to 4 March, citing recent geopolitical developments. February’s QSP was set at $520 per tonne FOB, a modest $3 increase from January. The delay follows the US‑Israeli strike on Iran,...
India’s Andaman Basin is seeing a major push in oil exploration after 63.5% of the 600,000‑sq‑km no‑go zone was cleared for drilling, a move Lieutenant Governor Admiral D.K. Joshi says could help lift the country from its current $4 trillion GDP...

Botswana’s government announced a feasibility study to assess a copper refinery linked to MMG’s Khoemacau expansion. The mine has already shipped about 587,000 tonnes of copper concentrate, containing roughly 177,000 tonnes of copper, and aims to boost concentrate output to...

Konkola Copper Mines (KCM) has poured roughly $600 million into its Zambian operations since Vedanta Resources returned, prioritising underground development, infrastructure rehabilitation and AI‑driven safety systems. The capital injection has created more than 2,000 jobs, expanding the workforce to over 14,000...

Zambia’s cabinet approved two cross‑border pipelines—the Tanzania‑Zambia Multi‑Products Pipeline and the Namibia‑Zambia Refined Petroleum and Natural Gas Pipeline—to diversify fuel imports and reduce reliance on the decades‑old TAZAMA line. The projects aim to create supply redundancy, improve pricing competitiveness, and...
Kazakh miner QazMoly is close to securing up to $240 million from the U.S. Export‑Import Bank to fund its Drozhilov tungsten project, provided all output is sold to U.S. buyers. The financing would cover a large share of the mine’s capital...