Pantoro discovers significant gold in Australia, while Wood Group cuts costs amid financial struggles.

Pantoro reported a significant gold discovery in Western Australia, with up to 1,420g/t, indicating potential for expanding the Norseman project. Meanwhile, Wood Group announced plans to save $145 million through cost-cutting measures amid a strategic review, following a profit warning that led to a 31% drop in its share price. Proactive, a global financial news provider, offers updates on various sectors including mining and oil and gas, ensuring human editing and authorship despite using AI tools.

5 weeks ago
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