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(Bloomberg) — Israel and US strikes have wiped out senior Iranian leaders and hit key targets across the country. But after a month of fighting, it is arguably Iran that has secured the most significant strategic victory — a tightening grip over traffic through the Strait of Hormuz. Read More

ABOUT WEST RED LAKE GOLD MINES Read More

LONDON & DENVER & JOHANNESBURG — AngloGold Ashanti Holdings plc (the “Offeror”), a company incorporated under the laws of the Isle of Man, announces today the offers to purchase for cash the outstanding series of its (i) 3.375% notes due 2028 (the “2028 Notes”), (ii) 3.750% notes due 2030 (the “2030 Notes”) and (iii) 6.500% notes due 2040 (the “2040 Notes” and together with the 2028 Notes and the 2030 Notes, the “Notes”), issued by the Offeror and guaranteed by AngloGold Ashanti plc, a company incorporated under the laws of England and Wales (“AGA”) (the “Offers”) in accordance with the acceptance priority levels set forth in the table below (the “Acceptance Priority Levels”), with “1” being the highest Acceptance Priority Level and “3” being the lowest Acceptance Priority Level, subject to an aggregate purchase price (exclusive of Accrued Interest (as defined below)) for the 2040 Notes that does not exceed $50,000,000 (as such amount may be increased or decreased by the Offeror, the “Sub-Cap”), and for an aggregate purchase price (exclusive of Accrued Interest) for all series of Notes of up to $650,000,000 (as such amount may be increased or decreased by the Offeror, the “Aggregate Cap”). Subject to the Aggregate Cap and the Sub-Cap, the amount of a series of Notes that is purchased in the relevant Offer on the Early Settlement Date or Final Settlement Date (each as defined below), as applicable, will be based on the Acceptance Priority Level for such series of Notes and will be subject to the proration arrangements applicable to the Offers. The terms and conditions of the Offers are described in an offer to purchase dated March 30, 2026 (the “Offer to Purchase”). Read More

(Bloomberg) — Sri Lanka’s state-run Ceylon Petroleum Corp. is in talks with Russian oil companies to import petroleum products, as the Middle East war constrains flows, boosts prices and prompts buyers to look for cargoes. Read More

(Bloomberg) — Qatar’s central bank is allowing lenders to offer borrowers payment deferrals, cutting reserve requirements and providing unlimited repo liquidity as Gulf policymakers race to respond to fallouts from the Iran war that’s now in its fifth week.  Read More

(Bloomberg) — The Iran war has thrown conventional pricing for Saudi Arabian crude into disarray, with tense buyers in Asia seeking to steer the kingdom toward alternative mechanisms for supplies as oil prices soar. Read More

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(Bloomberg) — Australia’s central bank will likely raise its benchmark rate three more times this year, taking it to more than a 17-year high amid the war in the Middle East and signs that rising fuel costs are feeding into prices, according to Westpac Banking Corp.’s Luci Ellis. Read More

(Bloomberg) — South Korea may widen restrictions on driving to include the general public if oil prices breach $120 a barrel as it seeks to cushion the impact of the Iran war on its energy supplies, the country’s finance minister said. Read More