Latin American gold and silver producer Hochschild Mining Plc said it exercised an option to up its stake in Gold Resource Corp (GRC), buying a further 5 million shares for $20 million (12.2 million pounds).
Gold miner Aurum Mining Plc said it granted options to sell both its 80 percent stake in the Andash gold-copper mining project and its ancillary assets for $15 million to Australia-based Kentor Gold Ltd.
Italian private equity fund Clessidra expects a definitive accord to buy a stake in designer Roberto Cavalli's fashion house by the end of the summer, Clessidra's senior partner Riccardo Bruno said on Tuesday 30 June.
Ahead of the Paris couture shows, top designers have joined a tricky exercise to glam up one of the world's most traditional pieces, the abaya -- the long black overgarment worn by millions of Arab women.
Human Rights Watch accused Zimbabwe's armed forces of torture and forced labour in the eastern Marange diamond fields, saying it believes the illegal diamond trade is a likely revenue source for senior ZANU-PF officials.
For 2009, Carrefour, partner of the Tour de France, has entrusted Agatha Ruiz de la Prada with the design of its hosts’ outfits who will award the Carrefour Polka Dot Jersey which is given to the best climber.