Financial brokerage firm, Mountain Assets, in collaboration with Star Investment Group Australia, are inviting current and potential investors to view the proposed Lake Narracan Resort, a waterfront development in Victoria’s Gippsland region, on Wednesday (June 5).
The project encompasses 110 acres (44.5 hectares) with plans for 350 dwellings, including apartments and a multipurpose community facility.
In a statement, Mountain Assets said the resort promised a tranquil yet vibrant living experience with easy access to nature and modern amenities, making it a highly attractive option for both residents and investors.
“The Lake Narracan project has been running for several years, with multiple investors successfully completing the three-year investment cycle and receiving their returns along with the offered bonus,” the statement said.
“This project not only delivers on returns, it also contributes to the local economy and community development.”
It said visitors on Wednesday would get a first-hand look at the progress of the resort and an opportunity to engage with the Mountain Assets team.
“Investors will have the chance to tour the development site and view the project's status; interact with the project managers and developers, and learn about the future phases and potential of the project,” the statement said.
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Stablecoin introduced to Africa
Australian start-up, Stables, seeking to create a crypto-currency token with a stable price through stablecoin, is entering the African market through a strategic collaboration with Yellow Card.
Co-founder of Stables, Bernardo Bilotta said the collaboration opened the door to seamless, cost-effective, and secure transactions for millions of users across 15 African countries, with many more to join later.
“Stables aims to revolutionise the payment landscape, empowering individuals worldwide to transact anywhere and anytime,” Mr Bilotta said.
He said there was a growing demand for stablecoin, fuelled by rising smartphone penetration, a surge in digital currency usage, and an increasing awareness of stablecoin applications.
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Trenitalia provides a glimpse of future travel
Italian transport company, Trenitalia has kicked off its Summer Experience 2024 campaign in Rome by inviting the public to take a look into the future.
Visitors to the event at the National Museum of 21st Century Art were invited to wear virtual reality headsets that gave them a glimpse of what it would be like to travel on Trenitalia’s Intercity Notte trains — two years before they come into service.
Director of Trenitalia’s Intercity Business Unit, Domenico Scida said the trains would be specially designed for night travel, with a major investment in sleeping carriages.
“There is strong demand for this, especially for leisure, because it is a convenient solution that is also cost-effective, as it allows you to leave in the evening and arrive in the morning, saving you a night’s hotel accommodation,” Mr Scida said.
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Miners combine resources to boost production
Polymetals Resources Ltd has formed a non-exclusive strategic alliance with Metals Acquisition Limited aimed at extracting greater value from both the Endeavour and CSA Copper Mines, in the Cobar Basin of New South Wales, Australia.
The alliance will allow each company to exploit synergies between the neighbouring mines. The relationship aims to deliver enhanced operational and financial outcomes by increasing production at both projects.
Executive Chair of Polymetals, Dave Sproule said his company had operated in the Cobar Basin for many years and the alliance with Metals Acquisition would generate significant benefit for all stakeholders.
“The Endeavour treatment plant has excess processing capacity which may be utilised by Metals Acquisition should its current CSA zinc exploration prove positive,” Mr Sproule said.
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Former NASA official to advise SmartSat
Australia’s Monash University and the SmartSat Cooperative Research Centre have appointed former Deputy Director and Chief Operating Officer of NASA’s Jet Propulsion Laboratory, Larry James to boost their respective space research strategies.
Mr James, a retired lieutenant general with the United States Air Force, will be based in Sydney. He will act as Strategic Advisor to SmartSat to further facilitate opportunities for international collaboration and is set to join Monash University as Professor of Space Innovation.
During his time at NASA, Mr James was responsible for managing the Laboratory's $2.6 billion in annual revenues and more than 6,000 staff working in solar system exploration, Mars, astronomy, physics, Earth science, interplanetary network programs, and all business operations.
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Valeura reports results from Thai wells
Canadian oil and gas company, Valeura Energy Inc., says it has successfully completed infill drilling at Nong Yao A and has begun development drilling on the Nong Yao C extension, offshore in the Gulf of Thailand.
President and Chief Executive, Sean Guest said the results from Nong Yao A further illustrated the potential of Valeura’s assets to add volumes through ongoing infill drilling.
“Drilling these wells now was a nimble move by our team to shore up production rates before dedicating our rig to the Nong Yao C development drilling program,” Mr Guest said.
“The start of drilling operations at our new Nong Yao C infrastructure marks a significant milestone for our company. It will be the first new development for Valeura in Thailand, and is expected to serve as a substantial source of production growth in the second half of this year.”
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Irdeto awarded for work combatting piracy
Digital platform Irdeto has won the Anti-Piracy category at the 2024 Cyber-security Excellence Awards, held in Amsterdam.
Chief Executive, Doug Lowther said Irdeto catered to the specialised world of the entertainment, sports and media industries.
“Irdeto Anti-Piracy Services leverages decades of deep expertise to offer scalable and effective solutions against the ever-evolving landscape of digital piracy,” Mr Lowther said.
“With a well-defined vision for a securely-connected world and a multi-year record of industry leadership, we’re honoured to receive validation of our pursuits at the Cybersecurity Excellence Awards.”
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New President leads Mediaocean changes
Artificial Intelligence and automation provider, Flashtalking by Mediaocean has appointed Grant Parker as its President as part of an expanded leadership team amid significant market growth.
Previously Chief Revenue Officer, Mr Parker will oversee product, strategy, operations, sales, and client relations as the New York-based platform continues to drive innovation with AI and automation for digital marketing.
Co-founder and Chief Executive of Mediaocean, Bill Wise said having worked with Mr Parker for many years, he had been impressed with his consistent ability to surpass the expectations of the company’s teams, board, and customers.
In further moves within the organisation, Amanda Glen Smith has been appointed Chief Client Officer; Anthony Yam has been promoted to Executive Vice President of Product and Chris Winburn steps up to Executive Vice President of US Sales.
An occasional round-up of international business stories
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