(IDEX Online) - Billionaire Johann Rupert remains the second wealthiest man in Africa, and Nicky Oppenheimer is still number three, according to Forbes' newly-published rich list for 2023.But both men saw their personal and family fortunes dip slightly in a year when the S&P All Africa index plunged by 20 per cent, only to stage a dramatic final-quarter recovery.Rupert, 72, chairman...Read More
(IDEX Online) - Gemfields has again been forced to evacuate workers amid ongoing violence in Mozambique.It follows an attack blamed on Islamic State-linked insurgents at a village 15km from a site where a site of ruby exploration.Gemfields, the UK-based gemstone miner, was forced to halted operations at its Montepuez ruby mine, and to evacuate the site last October after another attack by rebels o...Read More
In 2022 a new buzzword started to be heard more and more at mining conferences and in company presentations: deglobalisation.Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 18 points in pre-opening trade.U.S. equity index futures were unchanged following release of January Retail Sales at 8:30 AM EST. Consensus was an increase of 2.0% versus a drop of 1.1% in December. Actual was.an increase of 3.0%. Excluding auto sales, consensus was an increase of 0.9% versus a drop of 1.1% in Decembe...Read More
In yesterday's issue, I addressed the biggest and most complex topic on the geopolitical landscape today - China.But today I'm discussing what is by far the most alarming topic on the geopolitical landscape today. That's the war in Ukraine and the dangers of escalation.I've written extensively about two facets of the war in Ukraine that you don't hear from legacy media in the United States or U.K....Read More
Northwest Copper (TSXV: NWST) has released the final assay results from last year's Central zone drilling at the Kwanika copper-gold deposit in British Columbia, indicating a larger mineralized footprint that could lead to resource growth.Assay results from hole 22-248 expand the footprint of copper-gold mineralization north of the resource pit as outlined by the recent preliminary economic assess...Read More
Robert MacDonald, vice-president exploration for Southern Silver Corp. discusses the flagship Las Minitas silver-lead-zinc project in western Mexico and its recent preliminary economic assessment. MacDonald spoke with Northern Miner staff reporter Henry Lazenby at VRIC in January.Read More
Paul Gill, executive chairman of Lomiko Metals, discusses the company's La Loutre graphite project, which was the subject of a positive preliminary economic assessment in 2021, and its lithium exploration joint venture in Quebec. Gill spoke with Northern Miner staff reporter Henry Lazenby at the Vancouver Resource Investment Conference (VRIC) in January. Read More
This year's Mining Indaba conference was notable for two things. One was the prominent presence of both Chinese and U.S. delegations looking for critical minerals partners in Africa. The other was that it shone a glaring spotlight on South Africa's deepening energy crisis. Just two days after speaking at Indaba in Cape Town, South Africa's president Cyril Ramaphosa declared a state of disaster in...Read More
Diane Archie, deputy premier and minister of infrastructure in the Northwest Territories discusses advancing major road and mine projects in the Far North. Archie spoke with Northern Miner staff reporter Henry Lazenby at AME BC Roundup in January.Read More
Fortuna Silver Mines (TSX: FVI; NYSE: FSM) is pushing through a deadlock with Mexican authorities and the worst riots in Peru in decades without cutting production, even as it remains on schedule for first gold in C??te d'Ivoire within months.Vancouver-based Fortuna, which also operates in Argentina and Burkina Faso, expects to be fighting the Mexican government in court well into next year over a...Read More
Anglo American Platinum (JSE: AMS) announced on Wednesday that its first female chief executive officer, Natascha Viljoen, is leaving the miner after three years to join Newmont Mining (TSX: NGT; NYSE: NEM), the world's largest gold producer.Viljoen, who has held the top job at the biggest platinum group metal miner (also known as Amplats) since April 2020, will remain as CEO until completion of h...Read More
Chile's environmental regulator SMA said on Wednesday it had issued fresh measures against a copper mine owned by Lundin Mining (TSX: LUN) after detecting new leaks around a sinkhole that opened up last year near one of the company's mines.The huge 36-metre-diameter sinkhole that appeared in late July in the Tierra Amarilla commune, close to the Alcaparrosa mine, drew widespread global attention...Read More
Phil Baker, president and CEO of Hecla Mining, joins BNN Bloomberg to share the company's plan to lift silver production to record highs this year and next year. Hecla stock has outpaced shares in other silver miners over the past year.Read full newsRead More
Shopify Inc. (NYSE:NYSE:SHOP) Q4 2022 Earnings Conference Call February 15, 2023 5:00 PM ETCompany ParticipantsAmy Feng - Investor RelationsTobi L? 1/4 tke - Chief Executive OfficerHarley...Read full newsRead More
Seagen Inc. (NASDAQ:NASDAQ:SGEN) Q4 2022 Results Conference Call February 15, 2023 4:30 PM ETCompany ParticipantsDoug Maffei - VP, IRDavid Epstein - CEOChip Romp - EVP, Commercial U.S.Todd...Read full newsRead More
Westwood Holdings Group, Inc. (NYSE:NYSE:WHG) Q4 2022 Earnings Conference Call February 15, 2023 4:30 PM ETCompany ParticipantsBrian Casey - Chief Executive OfficerTerry Forbes - Chief...Read full newsRead More
Euroseas Ltd. (NASDAQ:NASDAQ:ESEA) Q4 2022 Results Conference Call February 15, 2023 10:00 AM ETCompany ParticipantsAristides Pittas - Chairman and Chief Executive OfficerTasos Aslidis -...Read full newsRead More
XSHD leverages an equity strategy based on 3 factors, including small size, high dividend, and low volatility. See why this ETF does not deserve a Buy rating.Read full newsRead More
TriNet Group, Inc. (NYSE:NYSE:TNET) Q4 2022 Earnings Conference Call February 15, 2023 5:00 PM ETCompany ParticipantsAlex Bauer - Head-Investor RelationsBurton M.Read full newsRead More