Asante Gold Corporation reported a net loss of $345.4 million for the 11 months ended December 31, 2025, driven by increased production costs and operational challenges at its Bibiani and Chirano mines. Despite higher gold prices boosting revenue to $483 million, production volumes and gold recovery rates declined, leading to higher all-in sustaining costs. The company is conducting a comprehensive operational and strategic review to improve mining efficiency, plant performance, and financial discipline in 2026, aiming for stable and repeatable production. Asante also appointed a new COO to support these efforts and plans to provide updated guidance once the review is complete.
Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...
Allied Critical Metals announced positive assay results from its 2026 drilling campaign at the Santa Helena Breccia, part of the Borralha Tungsten Project in Portugal. The first drill hole confirmed broad zones of high-grade tungsten mineralization, ...
XRP surged about 4% to $1.11 following a broader crypto market rebound triggered by softer U.S. inflation data. Technical signals suggest a bullish inverse head and shoulders pattern, with potential for a 20% price increase if XRP breaks the $1.12–$1...
Revolut has received preliminary approval from Dubai's Virtual Assets Regulatory Authority to offer cryptocurrency services in the UAE, including broker-dealer, asset management, and exchange functions. This approval allows UAE customers to trade and...
Gold and silver prices are under pressure ahead of key U.S. retail sales data that could influence Federal Reserve interest rate decisions. Central banks, led by Poland and China, continue to boost gold reserves, adding 41 tonnes in May, supporting l...
