In 2020, as gold prices soared, the Bogoso-Prestea mine in Ghana seemed ideally positioned for prosperity. London-based Blue International Holdings moved swiftly to purchase the gold mine for $95 million,
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Apple has secured a £500m agreement with MP Materials, a US-based mining firm, for the supply of rare earth magnets, a critical component in electronics manufacturing. The deal comes as
Financial districts in London could be set for a radical transformation as creative solutions are explored to address the twin challenges of excess office space and a struggling nightlife industry.
In a significant move within the UK’s asset management sector, Jupiter Fund Management has announced its acquisition of ethical investment specialist CCLA, triggering a substantial £100 million payday for religious
The Times shadow monetary policy committee has strongly advised the Bank of England to maintain current interest rates, citing ongoing concerns about inflationary pressures stemming from the Israel-Iran conflict. The
Struggling discount retailer Poundland has been sold to the American investment company Gordon Brothers for a nominal fee of £1. The acquisition transfers all 818 stores and the jobs of
Jakob Stausholm, the Chief Executive Officer of Rio Tinto, has announced his decision to step down after less than five years at the helm of the global mining giant. The
The world is facing a significant shortfall in copper supplies needed for the transition to low-carbon energy systems, according to the International Energy Agency (IEA). Projections indicate that global copper
A $3.3 billion deal between Peabody Energy and Anglo American faces uncertainty following an explosion at the Moranbah North mine in Australia. The incident, which took place in March, has
Former fund manager Neil Woodford is set to make a controversial return to the investment world with the launch of a subscription-based service, six years after the spectacular collapse of
British exporters are grappling with unprecedented uncertainty as Donald Trump’s latest trade war measures create pricing chaos across global supply chains. The recent implementation of universal tariffs, particularly severe on
The future of British Steel hangs in the balance as Prime Minister Keir Starmer and Chancellor Rachel Reeves explore the potential nationalisation of the Scunthorpe plant, a facility pivotal for
Police and federal authorities are investigating a series of targeted arson attacks and vandalism incidents at Tesla showrooms across the United States, with the latest occurring in Las Vegas, Nevada.
In a surprising reversal of fortunes, Elon Musk’s social media platform, X, has regained its $44bn valuation, the price he initially paid when acquiring the platform, formerly known as Twitter,
Taiwan’s government has pledged to retain its most advanced semiconductor technology onshore, following the announcement of a significant $100 billion (£79 billion) deal between Taiwan Semiconductor Manufacturing Co (TSMC) and
Arab nations have collectively endorsed a £42bn ($53bn) reconstruction initiative focused on rebuilding Gaza under the future administration of the Palestinian Authority (PA). This ambitious plan was unveiled during an
