Rio2 Limited reported its Q1 2026 financial results highlighting initial production ramp-up at the Fenix Gold Mine in Chile and the first contributions from the Condestable Copper Mine in Peru after its acquisition in January 2026. The company produced 7,849 ounces of gold, 49,198 ounces of silver, and over 6.4 million pounds of copper, generating $22.3 million in net income and $24.6 million from mine operations. Despite some start-up challenges at Fenix Gold, corrective actions are underway, with commercial production expected by Q4 2026 and annual gold output projected at 60,000-65,000 ounces. Condestable performed well in its first two months under Rio2, contributing steady cash flows and advancing exploration and expansion plans. Rio2 maintains strong liquidity with $93.1 million in cash and continues to invest in mine development and operational improvements.
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...
Frasers Group PLC has withheld financial guidance for the upcoming year due to uncertainty around its takeover bids for Hugo Boss and Accent Group. The retailer's full-year adjusted profit before tax fell 4% to £538 million, impacted by asset impairm...
Ethereum rose 3.17% to $1,923.53, outperforming Bitcoin's modest 0.18% gain to $64,588.87, signaling an early rotation toward large-cap altcoins. Despite this, overall market activity slowed, with declines in DeFi, stablecoin, and derivatives trading...
Gabriel Holding A/S has agreed to sell its European FurnMaster furniture manufacturing operations, including subsidiaries in Poland and Lithuania, to Leggett & Platt for an initial price of approximately EUR 9 million, with a possible additional paym...
A Gaza resident raised over £55,000 on GoFundMe to support his family but faced issues as the platform cannot pay directly to Gaza, forcing funds through intermediaries who failed to deliver the full amount. This highlights a broader problem in human...
