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Newmont (TSX:NGT,NYSE:NEM), the world’s largest gold miner, is continuing its divestiture program through the sale of its Éléonore mine in Québec to Dhilmar, a private UK-based mining firm, for US$795 million in cash. Located in…

Anglo American (LSE:AAL,OTCQX:AAUKF) said on Monday (November 25) that it has entered into definitive agreements to sell its entire steelmaking coal business in Australia to Peabody Energy (NYSE:BTU). The portfolio primarily consists of an 88…

He sees the yellow metal reaching US$3,800 to US$5,700 per ounce during this cycle. “Post-election we had a selloff, which I think was wonderful and needed and healthy. These are buying opportunities, this is not…

Spanish retailer Mango is embarking on a bold expansion plan in the U.S. as it looks to shed its fast-fashion image and position itself as a premium brand.   The privately held company, headquartered in Barcelona,…

Walmart on Monday confirmed that it’s ending some of its diversity initiatives, removing some LGBTQ-related merchandise from its website and winding down a nonprofit that funded programs for minorities. The nation’s largest employer, which has about…

Kenneth Leech, the former co-chief investment officer of Western Asset Management Co, was charged by U.S. authorities on Monday with running a fraudulent “cherry-picking” scheme where he improperly favored some clients’ accounts over others when…

Kohl’s is getting a new CEO, its third since 2018. The off-mall department store’s current CEO Tom Kingsbury is stepping down effective Jan. 15. He will leave the position he held first on an interim basis…

A British man has been taken prisoner while fighting for Ukraine in Russia’s Kursk region, Russian state media has reported. Russian state media outlet TASS said the man was 22-year-old James Scott Rhys Andersen, a…

Romania’s political landscape is reeling after a little-known, far-right populist secured the first round in the presidential election, electoral data showed Monday, going from an obscure candidate to beating the incumbent prime minister. Calin Georgescu,…

At least 17 people are missing after a tourist yacht sank in the Red Sea following warnings about rough seas, Egyptian officials said Monday. The governor of the Red Sea region, Amr Hanafy, said rescuers…