Deccan Gold enters strategic tungsten project in Spain

23 Dec 2025 CW Team

Deccan Gold Mines has announced a strategic investment in a tungsten exploration project at Logrosan in Spain, marking its entry into a European critical minerals asset with the option to increase its stake to up to 75 per cent prior to production.

The Logrosan project is an early-stage exploration asset located in a mineralised region known for tungsten, tin, rare earth elements and gold. Deccan Gold said ongoing exploration and drilling could enable the conversion of existing mineralisation into defined mineral resources over the next one to two years, subject to technical studies and regulatory approvals.

Spain is emerging as a strategic destination for critical minerals due to its supportive permitting framework, competitive operating costs, proximity to European industrial markets and the absence of production-based royalties. The investment aligns with Europe’s push to secure diversified supply chains for strategic raw materials.

Tungsten is globally classified as a critical mineral because of its applications in defence, aerospace, advanced manufacturing, cutting tools and electronics. With over 80 per cent of global supply dominated by China, demand for alternative sources has intensified.

Commenting on the development, Hanuma Prasad Modali, Managing Director, Deccan Gold Mines, said, “Our entry into the Logrosan Tungsten Project reflects Deccan Gold’s long-term vision of building a globally relevant portfolio in minerals that are critical to modern economies.”

Early exploration at Logrosan has delivered encouraging tungsten intersections alongside isolated high-grade gold mineralisation, while the broader region offers potential across associated gold and rare earth targets. Deccan Gold said its experience in gold exploration and resource evaluation is directly transferable to tungsten systems, supporting its expansion into critical minerals.

Infrastructure Urban

09 Feb 2026

Eicher Delivers First 13.5 m Electric Intercity Sleeper Bus

Eicher Trucks & Buses, a business unit of VE Commercial Vehicles Ltd., has recently delivered its first 13.5 m electric intercity sleeper bus, marking a key milestone in India’s long-distance electric mobility segment. The first bus is being operated by LeafyBus, with plans to deploy 35 buses by March 2026 across high-demand intercity corridors in North India.The initial deployment will cover routes such as Delhi–Dehradun and Delhi–Lucknow, supporting LeafyBus’ expansion across environmentally sensitive and high-density travel corridors.Commenting on the partnership, Suresh Chettia..

HCSS Showcases Unified Construction Platform at CONEXPO 2026

HCSS will recently present the next evolution of its connected construction management platform at CONEXPO-CON/AGG 2026, bringing together construction workflows, data and teams on a single platform across the entire project lifecycle. The event will be held from 3–7 March 2026 in Las Vegas, Nevada. HCSS will host two booths at the show, demonstrating how its integrated software ecosystem enables seamless collaboration between the office, field and shop, from bid stage through to project closeout. Steve McGough, President and CEO, HCSS, said, “For 40 years, we’ve done everything within..

Berger Paints Q3 Profit Declines Despite Volume Growth

Berger Paints India has reported a mixed performance for the quarter ended 31 December 2025, with healthy volume growth and margin improvement offset by softer demand conditions and cost pressures. On a consolidated basis, revenue from operations for the quarter stood at Rs 29,840 million, compared to Rs 29,751 million in the corresponding quarter last year, reflecting a marginal increase of 0.3 per cent. EBITDA (excluding other income) was Rs 4,710 million, slightly lower than Rs 4,717 million a year earlier. Net profit declined by 8.3 per cent to Rs 2,713 million from Rs 2,960 million. Sta..