Gold has surged to historic highs, fueling a new boom in Western Australia’s goldfields. Giants like Northern Star and Evolution are cashing in on $5,000-an-ounce prices, but investors haven’t forgotten past cycles where miners overspent and underdelivered. This time, companies promise discipline — share buybacks, dividends, and cautious expansion — even as rising costs and global uncertainty put pressure on the industry. (Source: Bloomberg)



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Angola faces mounting debt risks as oil revenue drops and external borrowing costs increase, the International Monetary Fund said.



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Abu Dhabi National Oil Co. is considering lining up more than $10 billion in debt financing from local and international banks as it moves forward with its roughly $19 billion pursuit of Australian fossil fuel producer Santos Ltd., according to people familiar with the matter.



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