Caledonia Mining reported a 69.4% increase in profit after tax to $18.91 million in Q1, driven by record gold prices averaging $4,816 per ounce, up 66.3% year-on-year. Revenue rose 18.3% to $66.43 million and EBITDA increased 50.2% to $33.87 million despite a 20.9% drop in gold production due to limited access to higher-grade ore. The company maintained its full-year production guidance of 72,000 to 76,500 ounces, expecting stronger output in the second half. Analysts are optimistic about the Bilboes gold project in Zimbabwe, which could significantly increase production and attract institutional investors. A quarterly dividend of 14 cents per share was also declared.
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...
DMG Blockchain Solutions announced two strategic investments: one in MeetAmi Innovations, a Canadian fintech offering digital asset wealth management platforms, and another in Atomic47 Labs, an AI company focused on secure, sovereign AI infrastructur...
Gnosis (GNO) surged 13% in 24 hours, closing in on overtaking BONK by market capitalization to reach the 100th largest token spot. GNO's market cap stands at $303.88 million versus BONK's $330.07 million, requiring a price rise to about $125.48 for t...
Broadridge's Tokenization Pulse Survey shows 84% of firms view tokenization as strategically important, with 68% expecting it to reshape markets within 3-5 years. Most firms plan to integrate tokenization into existing infrastructure rather than buil...
Standard Chartered has partnered with Broadcom to modernize its global banking infrastructure by adopting a secure, resilient private cloud using VMware Cloud Foundation. This upgrade supports critical banking services across 54 markets with enhanced...
