Kenya discovers largest gold deposit in decades, worth an estimated US$5.29 billion.
Kenya is on the verge of a major economic breakthrough following the discovery of its largest gold deposits in decades, valued at […]
Africa’s diamond powerhouses, Angola and Botswana are in talks to take over the world’s biggest mining brand.
Africa’s leading diamond powerhouses, Botswana and Angola, have opened discussions to acquire control of the world’s largest and most recognizable mining brand, […]
Vedanta invests $1.5 bn to launch CopperTech Metals, boost US copper supply.
Vedanta Resources has announced plans to launch a US-based subsidiary CopperTech Metals, which would in turn own and operate its Konkola Copper […]
Tesla shareholders approve Musk’s $1 trillion pay package.
Tesla shareholders on Thursday overwhelmingly endorsed a massive pay package for CEO Elon Musk that could reach $1 trillion. The pay package […]
Markets plunge worldwide after ‘Big Short’ investor Michael Burry reveals $1.1 billion bet against AI stocks.
Nasdaq 100 futures were pointing downward, premarket, after the index lost 2% yesterday in a massive, global selloff of tech stocks. The […]
Portugal’s EDP to invest $14 billion in 2026-28, focuses on U.S. growth.
Portugal’s largest utility, EDP, plans to invest 12 billion euros ($13.99 billion) between 2026 and 2028, mainly to expand its renewable capacity […]
SM Energy, Civitas Resources Announce $12.8 Billion Merger
SM Energy and Civitas Resources announced an all-stock merger valued at about $2.8 billion in equity, or $12.8 billion including debt, creating […]
Construction of Africa’s biggest LNG export hub faces setback as oil giants, Exxon halts interest.
Plans for Africa’s biggest $30-billion liquefied natural gas (LNG) export hub in Mozambique have been thrown into uncertainty after Exxon canceled a […]
Canada to unveil billions in mining deals at G7 energy summit.
Canadian Prime Minister Mark Carney said his government will soon announce more than 20 investments in critical minerals projects, with a total […]
Shell to expand Angola footprint with exclusive oil block deal.
Angola’s National Oil, Gas and Biofuels Agency (ANPG) will sign an exclusive negotiation agreement with oil major Shell to explore and develop […]
BlackRock Sees Investors Shift to Gold and Crypto Amid Global Uncertainty
During the Future Investment Initiative (FII) conference in Riyadh, BlackRock CEO Larry Fink said investors have turned to gold and cryptocurrencies as a […]