Investment
Features
FeesSafety
Academy
More
Pluang+

Newfoundland Discovery acquires gold project in Angola, aiming to develop a new gold district with modern exploration.

Company Fundamentals
22 Sep 2026
Newsfile Corp
View Source
Bullish
Newfoundland Discovery acquires gold project in Angola, aiming to develop a new gold district with modern exploration.

Newfoundland Discovery Corp. has completed the acquisition of Orenoxe Holdings, gaining rights to the Ganda gold concession in Angola, covering 786 km² across three provinces. This area represents a largely unexplored gold district in a country traditionally focused on diamonds and oil. The company has begun geological mapping and identified multiple gold targets, planning systematic exploration including geochemistry and geophysics. The acquisition terms include milestone-based share payments, aligning vendor interests with exploration progress. Newfoundland Discovery aims to unlock Angola's gold potential using modern exploration techniques in a promising new district.

Newfoundland Discovery's acquisition of the Ganda gold project is notable. For readers following US stocks on Pluang, here is the market snapshot as of Sep 22, 2026 18:42 WIB: 99 of 150 priced US stocks rose, 46 fell. GameStop Corp. (GME) rose 4.79% to USD 23.85 with 78% sell orders. Shopify Inc. (SHOP) rose 3.68% to USD 143.00 with 100% buy orders. Alibaba Group (BABA) rose 3.05% to USD 119.29 with 66% buy orders.

More News

THOR Industries misses Q4 EPS estimates but beats revenue expectations amid RV market challenges

THOR Industries misses Q4 EPS estimates but beats revenue expectations amid RV market challenges

THOR Industries reported Q4 earnings with an EPS of $0.78, missing analyst estimates and showing a 66.9% drop from last year. Despite this, the company beat revenue expectations with $2.31 billion, though revenue declined 8.4% year-over-year due to w...

Company Fundamentals
Bearish
39 minutes ago
Cracker Barrel earnings expected to drop sharply in Q3 2026, with EPS forecast at $0.17 and revenue down.

Cracker Barrel earnings expected to drop sharply in Q3 2026, with EPS forecast at $0.17 and revenue down.

Cracker Barrel Old Country Store is set to report its Q3 2026 earnings on September 23, with analysts predicting a significant decline. Earnings per share are expected to fall to $0.17 from $0.74 last year, and revenue is forecasted around $834.57 mi...

Company Fundamentals
Bearish
45 minutes ago
Abivax gains FDA nod for Obefazimod, backed by strong cash and positive analyst outlook.

Abivax gains FDA nod for Obefazimod, backed by strong cash and positive analyst outlook.

Abivax received positive pre-NDA feedback from the U.S. FDA for its drug Obefazimod, marking a key step in its development. Despite a recent price target cut by Wedbush to $118, analysts maintain a "Moderate Buy" consensus with an average target of $...

Market News
Bullish
1 hour ago
Netflix stock downgraded by HSBC and Wells Fargo over falling viewer engagement.

Netflix stock downgraded by HSBC and Wells Fargo over falling viewer engagement.

HSBC and Wells Fargo have downgraded Netflix stock due to declining subscriber engagement and an 8% drop in viewership time. Despite a recent 2.19% stock gain, Netflix shares have fallen over 40% in the past year amid strong competition and weaker or...

Market News
Bearish
1 hour ago
FormFactor director sells 2,100 shares, signaling insider stock movement

FormFactor director sells 2,100 shares, signaling insider stock movement

A director at FormFactor sold 2,100 shares, indicating a notable insider transaction. Such sales can reflect personal financial decisions or strategic portfolio adjustments by company insiders. Investors often watch these moves for potential signals ...

Market News
Bearish
1 hour ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App