South Africa’s mining regulator welcomes Rio Tinto’s $473 million Zulti South investment.
In a statement, the department said the capital commitment by Rio Tinto’s subsidiary Richards Bay Minerals (RBM) reflects growing cooperation between industry, […]
Ghana strikes AI training deal with Chinese multinational amid $250m tech investment push.
The agreement was reached during a meeting between Ghana’s communications minister, Samuel Nartey George, and Huawei senior vice president Steven Yi on […]
China to inject US$44 bil into state banks, boost tech financing.
China said on Thursday that it would inject 300 billion yuan (US$44 billion) into state-owned banks this year to guard against systemic risks, […]
Gold gains as Middle East conflict revive safe-haven bid.
Gold prices climbed 2% on Wednesday, rebounding from a more than one-week low hit in the previous session, as the dollar took […]
JP Morgan Warns of Catastrophic Oil Supply Loss from Middle East War.
The war in Iran could result in production losses of over 3 million barrels daily by the end of the week, with […]
Gold fever hits Uganda as central bank plans its gold buying programme this month.
Gold has experienced a significant, sustained bull market, driven largely by unprecedented buying from central banks aiming to diversify their reserves away […]
Russia Uncovers 228.6 Carat Diamond In Arkhangelsk.
Russia’s AGD Diamonds has recovered a rare, high-quality diamond weighing 228.62 carats at the Grib deposit in the Arkhangelsk Region. AGD Diamonds said that […]
Burkina Faso becomes Africa’s gold hotspot as economic boom unlocks fresh $33 million IMF funding.
The Washington-based lender also approved a new Resilience and Sustainability Facility valued at roughly $124.3 million, which will run through September 2027 […]
Niger secures $91 million IMF boost as AES states regain global financial recognition.
The $91 million IMF funding arrives at a critical time as Niger and the Sahel nations work to stabilize their economies, reinforce […]
Indonesia and US Sign Trade and Investment Deal Worth Over $7 Billion.
The signing ceremony took place during a dinner honoring President Prabowo, organized by the US Chamber of Commerce. Key points of the […]
Japan to invest US$36 bil in US projects under Trump deal.
Japan plans to invest US$36 billion in US oil, gas and critical mineral projects, the first tranche of its US$550 billion commitment under the […]
Citi Sees Oil Prices Falling to $60 if Trump Secures Iran and Russia Deals.
According to Citi analysts, geopolitics will continue to provide support for oil prices in the immediate term, but they may later come […]