Mesabi Metallics secures 520 million dollars from Breakwall Capital

IANS | March 31, 2026 6:45 PM

Nashwauk, MN (United States), March 31 (IANS) Mesabi Metallics Company LLC (Mesabi Metallics), backed by the Essar Group, on Tuesday announced that it has entered into a new 520 million dollar senior secured credit facility with Valor Mining Credit Partners II, L.P. (VMP II), a dedicated mining and critical minerals credit fund managed by Breakwall Capital LP (Breakwall) in partnership with Vitol, as it advances toward commercial operations later this year.

Pakistan: Raid uncovers clinic involved in delivering vulnerable women, selling babies for profit

IANS | March 31, 2026 6:43 PM

Islamabad, March 31 (IANS) A recent raid in Sheikham near Sarai Mughal in Kasur district of Pakistan's Punjab province uncovered a clinic that allegedly handled deliveries of vulnerable women and sold babies for profit. Arrests were made and clinic was shut, however, it was only a small part of a vast network which thrives due to gaps in oversight as social stigma leaves women unprotected, local media has stated.

Pakistan’s Tharparkar district fails to get promised benefit from coal project

IANS | March 31, 2026 2:04 PM

New Delhi, March 31 (IANS) Assurances made in 2019 by PPP Co-chairperson Bilawal Bhutto-Zardari and Sindh Chief Minister Murad Ali Shah that 100 per cent of the royalties generated by the Thar Coal project would be dedicated to the development of Tharparkar district in Sindh remain unfulfilled, a report in the Karachi-based Business Recorder publication has highlighted.