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).
Mining group Xstrata confirmed its $1 billion estimate of synergies for its proposed merger with rival Anglo American after its advisors were quoted in newspapers saying the number could be much higher.
India's retail gold traders continued to replenish stocks as prices stayed near the previous day's one-week low, but below normal monsoons could dampen demand in the short-term, traders and dealers said
Crabtree & Evelyn Ltd, a specialty retailer known for its soaps and other personal care products, filed for Chapter 11 bankruptcy in the United States as the tough economy led to falling sales and rising losses.
Chinese sportswear retailer 361 Degrees International rallied about 19% before paring back gains in the afternoon session of its trading debut on Tuesday 30 June, weighed down by a fall in the broad market.
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.
Your-Mart Co, the largest retailer in China's province of Hunan, said it would raise about 500 million yuan ($75 million) in a stock initial public offering next month, the third firm to be given approval to go public after regulators resumed IPOs.
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.
A penchant for family-run companies helped the T. Rowe Price Mid-Cap Value fund beat both the S&P 500 Index and its fund peers this year, and its manager is betting the conservative approach will continue to pay off.