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Calibre's El Limon complex in Nicaragua B2Gold sells C$139m Calibre shares
Published: 24 Jun 24
Vancouver-headquartered B2Gold has announced the sale of 79-million shares of Calibre Mining for gross proceeds of C$139.04-million. Immediately prior to the transaction, announced on Friday, B2Gold owned 110 950 333 common shares of Calibre, representing about 14.1% of the company’s stock. B2Gold’s ownership has decreased to less than 10% of the issued and outstanding common shares.
Tractor in field El Niño dries up South Africa’s agricultural business confidence for the second quarter
Published: 24 Jun 24
The Agricultural Business Chamber of South Africa (Agbiz) and Industrial Development Corporation’s Agribusiness Confidence Index (ACI) reached a 15-year low of 38 points in the second quarter of the year. This is the lowest level since the third quarter of 2009 and compares with a level of 40 in the first quarter of the year.
PPC CEO Matias Cardarelli PPC reports a 20.6% boost in revenue thanks to Zimbabwe business
Published: 24 Jun 24
Cement company PPC has reported a 20.6% year-on-year increase in revenue to about R10-billion for the financial year ended March 31, compared with the R8.3-billion in revenue reported for the prior financial year. At the release of its financial results, on June 24, the company said this growth was primarily driven by the company's performance in Zimbabwe.
The Douay gold project Maple gains full ownership of Quebec projects from Agnico
Published: 24 Jun 24
TSX-V-listed Maple Gold has consolidated ownership of the multi-million ounce Douay gold project and past-producing Joutel gold project, in Quebec. This follows the restructuring agreement between Maple and joint venture (JV) partner Agnico Eagle, terminating the 2021 agreement between the companies.
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