Fortuna Mining Corp. has approved a $109 million expansion of its Séguéla Gold Mine in Côte d’Ivoire, increasing processing capacity by 30% from 1.75 to 2.3 million tonnes per annum and improving gold recovery to 94.5%. This expansion includes upgrades to the processing plant and infrastructure, plus development of the Sunbird underground mine, aiming to produce over 200,000 ounces of gold annually for the next decade. The project is expected to enhance cash flow with a payback period of about 2.5 years and supports Fortuna's goal to increase consolidated gold production to 500,000 ounces by 2028. Construction will start in the second half of 2026, with underground mining at Sunbird beginning in mid-2027 and full ramp-up by late 2028.
Mesoblast announced $36 million in net revenue for Q4 and $115 million for the first full year following FDA approval of its Ryoncil therapy, used to treat steroid-refractory acute graft versus host disease (SR-aGvHD) in children. The company is expa...
Microsoft Corporation reported a strong Q2 performance driven by AI growth and robust cloud business, with key segments like Productivity and Intelligent Cloud showing double-digit gains. While Windows OEM, Devices, and XBOX sales declined, the compa...
The global mirrorless lenses market is projected to grow from $2.60 billion in 2025 to $4.80 billion by 2033, at a CAGR of 7.4%. Growth is fueled by rising demand for high-quality optics, faster camera upgrade cycles, and expanding workflows among co...
Ethereum's long positions in coin-margined futures surged to 66.02%, a 5.47 percentage point increase, highlighting growing bullish leverage among top derivatives traders. This rise reflects existing traders increasing their exposure rather than new ...
Zhongji Innolight, a Chinese optical transceiver maker, saw its shares drop 1.28% after debuting on the Hong Kong Stock Exchange. The company raised HK$53.4 billion ($6.8 billion) through its IPO, pricing shares below the maximum indicated price. Thi...
