Browsing Tag

Fields

Gold Fields of South Africa Set to Purchase Australia’s Gold Road for $2.4 Billion

Gold Fields Expands Its Footprint: A Bold Move to Acquire Gold Road Resources In a significant development within the mining sector, South Africa's Gold Fields, through its subsidiary Gruyere Holdings, has unveiled plans to acquire Gold Road Resources in a deal valued at a staggering A$3.7 billion (approximately US$2.39 billion). The announcement, which emerged on a bustling Monday morning, is more than just a mere transaction; it represents a strategic pivot in the intricate landscape of the gold mining industry,…

Al-Shabaab Strikes Near Baidoa, Urges Farmers to Evade Fields

Al-Shabaab's Ominous Return: Farmers in Fear in Somalia's Bay Region Mogadishu (AX) — In a troubling development that has stirred anxiety among local communities, heavily armed al-Shabaab militants are asserting their presence once again in rural areas surrounding Baidoa, located in Somalia's Bay region. A growing number of residents reported on Saturday that these militants have taken to the fields, explicitly warning farmers to abandon their livelihoods. “You cannot visit or go to work on your farm,”…

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