The world's second largest gold miner will explore in 19 new blocks in the Eastern Desert with an estimated total investment of $8.8 million.

The company has agreed to buy an up to 2.75% net smelter return royalty on the Tocantinzinho gold project for $10 million cash.

The vehicle, named La Mancha Fund SCSp will also invest in battery metals needed for electric vehicles.

More than 200 of the world's leading climate scientists have begun working on a key report summarizing how Earth's climate has already changed and what to expect in coming years.

The top-five western diversified miners may have earned a combined $85 billion for the first half of the year, according to analyst estimates, more than double the level from a year ago.