Gold prices remain stable near critical support levels as the Bank of England kept interest rates unchanged at 3.75%, despite some members favoring a hike due to inflation driven by the global energy crisis. The central bank emphasized that monetary policy aims to manage economic adjustments to energy price shocks to maintain a 2% inflation target. Similarly, the U.S. Federal Reserve also paused rate hikes, though some members voted for an increase. This cautious stance on interest rates continues to limit volatility in the gold market, as higher rates raise the cost of holding gold.
Ferrari reported Q2 2026 net revenues of €1.94 billion, up 8% year-on-year, driven by a richer product mix and increased personalization sales. Operating profit rose 10% to €605 million with a margin of 31.2%, while net profit grew 9% to €463 million...
Dimensional Fund Advisors Ltd. has publicly disclosed holding a 1.58% stake in Gamma Communications PLC as of July 29, 2026. The disclosure, made under Rule 8.3 of the Takeover Code, indicates ownership of 1,414,785 ordinary shares. This filing is a ...
NevGold Corp. has appointed Scott Bensing as an Independent Non-Executive Director to support its strategic initiatives, leveraging his extensive experience in government and external relations. The company also granted 4.85 million stock options to ...
Stantec Inc. has secured a $150 million joint venture contract with the U.S. Army Corps of Engineers to design critical coastal storm risk management infrastructure on Charleston's peninsula. This project, valued at $1.2 billion in total, aims to pro...
Delta Resources has initiated its largest field exploration program at the Delta-1 Gold Project in Ontario, with 10 geologists conducting trenching, channel sampling, and prospecting across multiple targets including the I-Zone and surrounding gold p...
