Metals One PLC raised over £15 million in 2025 to pivot its portfolio towards South African gold and US uranium projects, driven by record gold prices and a tightening uranium market. The company formed a vertically integrated gold strategy with Lions Bay Capital, including a cogeneration plant and the Barbrook gold assets, with Lions Bay set to increase its stake to 54.3%. Metals One also expanded uranium claims in the US and acquired stakes in gold and battery metals projects. Despite write-downs on nickel assets, the company holds £19.27 million in net assets and £8.3 million cash, focusing on derisking and advancing projects to unlock shareholder value.
Greg Abel, Warren Buffett's successor at Berkshire Hathaway, reduced the company's investment in Bank of America by $1.7 billion. At the same time, he increased the stake in Delta Air Lines by $1.6 billion. This shift in portfolio allocation highligh...
Nvidia is set to increase prices on servers containing its AI chips by more than 15% starting early next year, driven by soaring memory chip costs. The hikes will affect systems using flagship chips like Vera Rubin and Grace Blackwell, with price cha...
A federal judge dismissed seven of ten claims in Ben & Jerry’s lawsuit accusing former parent Unilever of trying to silence its social activism and dismantle its board. The surviving claims relate to missed payments by Unilever, while the dismissed c...
Bitcoin's mining difficulty fell by 1.31%, marking the 10th difficulty drop in 2026 against 7 increases, leaving the difficulty near its lowest point this year at 125.81 trillion. This decline reflects ongoing miner capitulation and about 150 exahash...
Xaman Wallet, a key app for the XRP Ledger ecosystem, has eliminated its 0.09 XRP minimum trading fee to encourage more liquidity and enable smaller trades. While the 0.8% swap and DEX trading fee remains, removing the minimum fee lowers barriers for...
