Astron (ASX:ATR) said on Monday (October 20) that Australia has granted major project status to the Donald rare earths and mineral sands project, its joint venture with Energy Fuels (TSX:EFR,NYSEAMERICAN:UUUU). Donald is located approximately 300 kilometers northwest of Melbourne in Minyip, Victoria, Australia, and is regarded as “one of the…
IAMGOLD (TSX:IMG,NYSE:IAG) is tightening its grip on one of Québec’s most promising gold districts with back-to-back acquisitions aimed at consolidating control over a vast stretch of the Chibougamau region. In the span of two days, the mid-tier gold producer announced definitive agreements to acquire Northern Superior Resources (TSXV:SUP,OTCQB:NSUPF) and Mines…
Spartan Metals (TSXV:W) is a US-focused explorer advancing its high-grade tungsten and rubidium Eagle Project in Nevada. The company is unlocking critical minerals essential to US defense, technology, and energy independence, supporting onshoring goals under the Defense Production Act. The Eagle tungsten-silver-rubidium project in eastern Nevada spans 4,936 acres across…
Britain’s government borrowing exceeded official forecasts by £7.2 billion ($9.6 billion) in the first six months of the fiscal year. This marks a significant deterioration that highlights the challenge facing Chancellor of the Exchequer Rachel Reeves as she prepares to deliver a crucial budget statement next month.The figures underscore the fragile state…
Africa’s financial technology sector is witnessing a historic surge in investor interest, with Moniepoint now emerging as one of the region’s most influential players. The Lagos-based startup, which offers payments, banking, and remittance services, has secured a total of $200 million after its latest $90 million injection. The round, supported…
Coca-Cola HBC AG has announced plans to acquire a 75% stake in Coca-Cola Beverages Africa (CCBA) for $2.6 billion, marking one of its biggest expansion moves yet. The transaction, which will combine two of the Coca-Cola system’s largest bottlers, aims to create the second-largest bottling partner globally by volume and…
Major US banks, including JPMorgan Chase, Bank of America and Goldman Sachs, are reportedly refusing to lend Argentina $20 billion without explicit assurances or collateral, according to The Wall Street Journal.The reluctance highlights the difficulties fending off attempts to stabilise the South American nation’s finances as its economy falters and…
European stocks opened slightly higher on Tuesday, building on the positive momentum from the start of the week, though a new report showing record UK government borrowing has put a damper on early gains.Thirty minutes into the trading session, the pan-European Stoxx 600 index was marginally higher, with sectors and…
Chinese memory chipmaker ChangXin Memory Technologies (CXMT) is preparing for an initial public offering in Shanghai as early as the first quarter of next year, targeting a valuation of up to 300 billion yuan ($42.12 billion), Reuters reported on Tuesday, citing sources familiar with the matter.Founded in 2016 with strong…
HSBC has appointed former NatWest executive David Lindberg as the new chief executive of its UK business, marking the latest leadership change under group chief executive Georges Elhedery. The move comes as the lender continues to reshape its structure and strengthen its focus on core markets.Lindberg, who served as head…