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Global miner Anglo American on Friday outlined plans to cut operational costs by around $1bn by the end of 2024, reducing production by about 4% as near-term constraints and volatile market conditions continued to weigh on earnings and its share price.
Botswana Diamonds is set to launch its next phase of exploration, it announced on Friday, as it identified four anomalies near the KX36 project in the Kalahari region of Botswana.
Afentra announced the successful completion of its acquisition of non-operating interests in Block 3/05 and Block 23, offshore Angola, from Sonangol on Friday.
Norway and Malaysia-focused exploration and production company Longboat Energy announced a significant development through its subsidiary Longboat Japex on the Norwegian Continental Shelf (NCS) on Friday.
Mining company Landore Resources announced the termination of its proposed non-brokered private placing and the deferment of its application to dual list its shares on the TSX Venture Exchange on Friday.
South Africa and US-focussed explorer and developer Lexington Gold has initiated its 2023-2024 drilling program at the Bothaville Project in the Witwatersrand Gold Basin of South Africa, it announced on Friday.
British private equity firm Epiris and Italian food manufacturer Newlat were said to be the two remaining bidders in the sale of tinned produce business Princes, which has been up for sale for months.
Team Internet Group has received approval from the High Court of England for the proposed cancellation of its share premium account as part of its capital reduction, it announced on Friday.
Shares in The Artisanal Spirits Company (ASC) plummeted on Friday after the whisky retailer warned that full-year revenues would miss market estimates after weaker-than-expected sales in China and an underwhelming product launch.
Professional business services firm Christie Group warned on Friday that full-year results were set to miss market expectations due to transaction delays.
UK housebuilder Berkeley Group has decided to not invest in any new developments due to the adverse planning and regulatory environment, and instead focus on "financial strength" following a rise in profits in the first half.
