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Bar a couple of notable exceptions – such as the Rainbow Rare Earths project at Phalaborwa and the Renergen helium and gas project in the Free State province – South Africa’s junior mining and exploration industry is in dire straits. Just how dire was...
Consolidated Uranium completes acquisition of Ben Lomond uranium project in Queensland, Australia; Fury Gold Mines sells approximately 7 percent of its common shares in Dolly Varden Silver to a prominent
The British central bank will buy government bonds. This is unlikely to please savers and consumers. So, the first central bank is opening the money floodgates again. In the UK, yields on government bonds have risen sharply to more than five percent, the first time this has happened since 2002. The pound has depreciated by almost 19 percent against the US dollar. The inflation rate in August was 9.9 percent. This intervention in the capital market is now intended to counteract the turbulence in
FAST-food service group Simbisa Brands Limited is set to be the fifth giant business to list on the Victoria Falls Stock Exchange (VFEX) after announcing its intention to delist from the Zimbabwe Stock Exchange (ZSE). The USD-denominated VFEX is a subsidiary of the ZSE launched in 2020 as an off-shore biased financial services centre as…
What we face in winter, transformations are necessary, because the world around us, is also changing. Changes are necessary, whether in energy supply or in the relationship with China. After all, China probably wants to reduce its dependence on the West and is concentrating more on its domestic economy. Global change will bring new things. Worldwide supply chains will have to be rethought, as will dependencies. This had already been shown by the pandemic. Globalization and low interest rates hav