Month: August 2022

WINNEMUCCA, Nev., August 4, 2022 /PRNewswire/ — Hycroft Mining Holding Corporation (Nasdaq: HYMC) (“Hycroft” or the “Company”), a gold and silver exploration and development company that owns the Hycroft Mine in the prolific mining region of Northern Nevadaannounces that it has filed its 10-Q for the second quarter of 2022. Diane GarrettChairman and CEO commented: “This is an exciting and promising time for the Hycroft Mine as we step up Hycroft’s largest exploration program in almost a decade to follow up on several previously identified intercepts and higher grade anomalies and assess the potential of this world district. class size…

Small businesses and entrepreneurs can now shop, compare and buy term life insurance from a network of leading carriers. TORONTO, August 4, 2022 /PRNewswire/ — Nuula, a fintech company focused on providing small businesses with the tools and capital they need to succeed, today announced a new term life insurance feature that offers small business owners and entrepreneurs coverage options of a network of major operators. powered by Even Financial (“Even”), a leading integrated finance marketplace platform and an independent subsidiary of MoneyLion Inc. (“MoneyLion”) (NYSE: ML). Using the Nuula app, users will now be able to shop, compare and…

JOHANNESBURG, August 4, 2022 /PRNewswire/ — Sasol’s financial performance for the year ended June 30, 2022 (fiscal year 2022) was supported by a favorable macroeconomic environment, with higher crude oil prices, refining margins and chemical prices against a backdrop of heightened geopolitical tensions. This resulted in a strong improvement in gross margin over the prior year, combined with robust cost and capital expenditure performance. These benefits were partially offset by operational challenges in our South African integrated value chains that resulted in lower production, as reported in the annual business performance metrics published in July 25, 2022 (https://www.sasol.com/investor-centre/financial-results). Sasol’s adjusted…

LONDON–(BUSINESS THREAD)–AstroPay, the payment solution of choice for millions of users worldwide, today announced the appointment of Fayyaz Ansari as Chief Financial Officer. Having worked in finance for over 20 years, Fayyaz brings with him a deep understanding of the global payments industry. Prior to joining AstroPay, he worked at Skrill, NETELLER & Income Access (part of the Paysafe Plc group) as CFO of their digital wallet division and board member of their regulated entities. He will be based in the UK with responsibility for overseeing all aspects of AstroPay’s global financial and management activities. Fayyaz’s extensive leadership experience includes…

Pay for junior bankers has risen 30% to $110,000 over the past year as banks have struggled to retain analysts amid an attrition crisis. Now, those at the bottom are facing a reality check: bonuses are shrinking. Investment banks have slashed analysts’ bonuses, which are typically paid over the summer, as deal activity has fallen and fees have come under pressure. For the 20-year-old in his first year on the job, that has been hard to swallow after banks paid out handsome bonuses for those above the ranks in January. “It’s disappointing,” said one junior banker who said his bonus…

A second group of lawmakers has launched an inquiry into the UK government’s approach to the crypto industry. The All-Party Parliamentary Group on Crypto and Digital Assets will begin its review in September. Until recently, cryptography was of interest to only a handful of parliamentarians. But in recent months that has started to change. In April, the government declared it wants to make the UK a crypto huband the influential Treasury Committee launched an investigation in July. APPG on Crypto Chair Lisa Cameron, Scottish National Party MP, said now is “a pivotal time for crypto”. His group will examine how…

TOKYO (AP) – Asian stocks were mostly higher Thursday as investors welcomed encouraging economic data and quarterly earnings reports from major companies. Benchmarks rose in Tokyo, Hong Kong, Shanghai and Seoul, but fell in Taiwan and India. Sydney finished flat. The gains followed a strong rally on Wall Street. Concerns eased somewhat with the visit of US House Speaker Nancy Pelosi to Taiwan after she left for South Korea and was then due to head to Japan, staunch US allies for decades. But analysts said some geopolitical risks remain, with China conducting military exercises near the self-ruled island it claims…