Hot News in this Week
May 8, 2026
AngloGold has announced a $2 billion share buy-back program following its release of record-breaking free cash flow of $1.17 billion, with the company's CEO predicting that the move will further enhance shareholder returns and potentially lead to additional buybacks in the future.
Source: www.miningmx.com
South African platinum mining companies, including Northam and Valterra, are optimistic about growth prospects, with some planning expansions that could increase production by 10-50% per year, while others, like Ivanplats' Platreef mine, aim to maximize the strong dollar basket price for metals.
Source: www.miningmx.com
Zhejiang Huayou Cobalt has agreed to purchase all 1.3 billion issued shares of Atlantic Lithium for A$0.354 ($0.25486) per share through an Australian scheme of arrangement, in a deal worth approximately $430 million USD.
Source: www.mining-technology.com
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