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Related Articles
Asia
Rua Gold Confirms Potential for 'Robust' Economics at Auld Creek Project in New Zealand
Rua Gold's (NZE:RGI) preliminary economic assessment (PEA) for its Auld Creek project in the Reefton Goldfield, New Zealand, confirmed the potential for "robust" economics from a high-grade, shallow underground starter mine, according to a Wednesday filing with the New Zealand bourse.The project is expected to produce an average of 26,665 ounces gold equivalent per year for an initial mine life of 5.5 years, with an all-in sustaining cost of $1,850 per ounce, the filing said.The PEA mine plan projects an after-tax internal rate of return of 17% and an after-tax net present value of $42 million, based on a long-term gold price assumption of $3,300 per ounce.The company expects the project to be fully permitted in the second quarter of 2027, per the filing.
$NZE:RGI
Asia
Acrophyte Hospitality Trust's Net Property Income Declines 14% in Q1
Acrophtye Hospitality Trust's (SGX:XZL) net property income dropped 14% during the first quarter of the year to SG$4.5 million from SG$5.3 million a year earlier, according to a Wednesday filing with the Singapore Exchange.Revenue fell 2.6% year over year to SG$32.6 million from SG$33.5 million, following hotel divestments and renovations.
$SGX:XZL
International
Philippines' Jobless Rate Slows to 5% in March
The Philippines' unemployment rate eased to 5.0% in March, from 5.1% a month earlier, according to data from the Philippine Statistics Authority released on Wednesday.The latest reading, however, is higher than the 3.9% recorded a year earlier.The number of unemployed persons in March stood at 2.58 million, down from 2.66 million in February but higher than 1.93 million in March 2025, the PSA said.Meanwhile, the country's employment rate was 95% in March, higher than 94.9% in February but below 96.1% a year earlier, the data showed.
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