Burkina Faso tells Australian miner it wants 40% stake in gold mine after company projects up to 490,000 ounces in 2026.
Australian gold producer West African Resources Limited suspended trading in its shares on the Australian Securities Exchange on Friday, as investors weighed a government […]
Indian tycoon Gagan Gupta backs second gold project in Mali in $120 million deal.
The family office of Indian tycoon Gagan Gupta has agreed to fund a second gold mine in Mali, strengthening its exposure to […]
Nigeria exports 55.39 million barrels as Dangote refinery faces crude supply shortfall.
Data from the Central Bank of Nigeria showed that exports totalled 31.31 million barrels in January and 24.08 million barrels in February. […]
Gautam Adani overtakes Mukesh Ambani to become Asia’s wealthiest person.
Gautam Adani has overtaken Mukesh Ambani to become Asia’s richest person, according to the latest data from the Bloomberg Billionaires Index. As […]
Trump administration warms to IMF and World Bank, in rare nod to global bodies.
One year after Treasury Secretary Scott Bessent publicly blasted the International Monetary Fund and the World Bank for deviating from their core […]
How 50 days of the Iran war led to the loss of $50 billion worth of oil.
The world has lost over $50 billion worth of crude oil that has not been produced since the Iran war began nearly […]
Middle East Energy Infrastructure Damage Close to $60 Billion.
Damage caused to energy infrastructure in Gulf states would cost $58 billion to repair, Rystad Energy estimated this week, suggesting the fallout […]
Gold holds steady, eyes 4th weekly gain on US-Iran peace deal hopes.
Gold held largely steady on Friday and was on track for a fourth straight weekly gain, as hopes for a US-Iran peace […]
Repsol agrees Venezuela deal to boost oil production and regain control of assets.
Spanish energy company Repsol confirmed that it is regaining operational control of its oil assets in Venezuela after reaching an agreement with […]
US set to launch tariff refund system on April 20, totaling US$166b
President Donald Trump’s administration plans to launch next Monday the system it will use for issuing refunds to American importers for US$166 […]
First Crude Cargo Clears Hormuz Since U.S. Blockade Began.
A tanker flying the flag of Pakistan has just become the first vessel to ship crude out of the Strait of Hormuz […]
Japan pledges $10bn to help Asian countries deal with oil crisis.
Japan has pledged to provide $10bn (£7.4bn) to help its Asian neighbours, especially those in South East Asia, secure energy including crude […]