SYDNEY: Australian gold exploration and development company Pacgold Limited (ASX: PGO) plans to recommence gold production at the newly acquired White Dam Gold Project by the fourth quarter of 2025, according to a company investor presentation. The acquisition of the South Australia-based project, located 50 kilometers west of Broken Hill, is central to Pacgold’s strategy…
Ardiden Limited to merge with Lac Gold, forming new Canadian gold explorer
SYDNEY: Ardiden Limited (ASX:ADV) announced on Oct. 10, 2025, that it has entered into a binding agreement to acquire Lac Gold Limited, consolidating the two companies to create a leading Canadian gold exploration and development company. The transformational merger will combine Ardiden’s Pickle Lake Gold Project in Ontario with Lac Gold’s advanced-stage Rouyn Gold Project…
AstraZeneca to begin $4.5 billion Virginia facility expands U.S. drug manufacturing
The manufacturing facility is expected to create 3,600 jobs WILMINGTON: AstraZeneca is investing $4.5 billion in its new manufacturing facility in Virginia, a proposed increase of $500 million to support the enhanced manufacturing capability of a broader range of medicines including cancer treatments. This is part of the historic $50 billion investment announced in July…
Novo Nordisk to buy Akero for up to $5.2 billion
COPENHAGEN: Danish drugmaker Novo Nordisk will acquire U.S.-based Akero Therapeutics (AKRO.O) for up to $5.2 billion, gaining a promising liver disease treatment in the first major deal by its new chief executive to bolster its pipeline. The acquisition of Akero and its lead drug candidate, efruxifermin, underscores CEO Mike Doustdar’s strategy to focus on highly effective…
Karatzis, METLEN forge joint venture for 330MW battery storage project in Greece
LONDON: Karatzis Group of Companies and METLEN (RIC: MTLN.L) have announced a strategic joint venture to develop a large-scale Battery Energy Storage System (BESS) in Thessaly, Greece. The project, designed to deliver 330 megawatts of power and 790 megawatt-hours of energy capacity, marks a significant step in bolstering Greece’s renewable energy infrastructure. Under the terms…
Apetit Plc to acquire Sweden’s largest frozen pea producer Foodhills AB
HELSINKI: Finnish food company Apetit Plc said on Thursday it has agreed to acquire Sweden-based frozen pea producer Foodhills AB, in a move aimed at strengthening its Nordic footprint and boosting its vegetable-based food operations. The deal, expected to close by Nov. 30 pending regulatory approval from Sweden’s Inspektionen för strategiska produkter (ISP), will see…
HSBC proposes HK$106 billion privatisation of Hang Seng Bank
LONDON: HSBC Holdings PLC has proposed to privatise its Hong Kong-based subsidiary Hang Seng Bank Ltd through a scheme of arrangement, offering HK$155 per share in cash for the 36.5% stake it does not already own. The deal values the transaction at approximately HK$106.1 billion (US$13.6 billion). The proposal, submitted by HSBC Asia Pacific, is…
Cloudbreak Discovery to acquire Crofton Gold Project
LONDON: Cloudbreak Discovery Plc (LSE: CDL), a London Stock Exchange Main Market listed company, has secured the exclusive option to acquire the Crofton Gold Project, located 120 kilometres east-southeast of famous Australian gold mining centre of Marble Bar and 75km northeast of the mining centre town of Nullagine in the Pilbara region of Western Australia. The…
Sintana Energy to acquire Challenger Energy for £45 million
LONDON: Sintana Energy Inc. (TSXV: SEI) (OTCQX: SNNAF) and Challenger Energy Group PLC (AIM: CEG) announced Wednesday they have reached an agreement on a recommended all-share offer by which Sintana will acquire the entire issued share capital of Challenger. The acquisition, valued at approximately £45 million (C$84 million), will be effected through a Court-sanctioned scheme…
Fagron posts 6.4% revenue growth in Q3, reaffirms full-year outlook
BRUSSELS: Fagron, a global leader in pharmaceutical compounding, reported a 6.4% increase in third-quarter revenue, reaching €228.2 million, and reaffirmed its full-year guidance amid continued momentum across regions and business lines. Organic growth at constant exchange rates (CER) rose 10.3%, or 8.5% on a normalized basis, with 5.7% growth including the impact of GLP-1-related dynamics….
ADNOC L&S to build $300 million UAE chemicals port in 50-Year TA’ZIZ deal
ABU DHABI: ADNOC Logistics & Services (ADNOC L&S) has signed a 50-year strategic agreement with chemicals producer TA’ZIZ to establish the United Arab Emirates’ first dedicated chemicals port in Ruwais, the companies said on Thursday. The pact, valued at over $300 million, will see ADNOC L&S build, own and operate the port at the TA’ZIZ…
Bindi Metals to acquire high-grade Serbian gold project
PERTH: Bindi Metals Ltd. (ASX: BIM) announced Thursday it has entered into a binding agreement to acquire up to an 80% interest in the Ravni gold project in southern Serbia, a move that significantly expands its footprint in the highly prospective Raska mining district. The Ravni project spans 30.5 square kilometers and is located 30…