Wednesday, May 1st, 2024
Rainbow Rare Earths and US critical minerals policy: CEO George Bennett’s insights
–News Direct– Rainbow Rare Earths Ltd CEO George Bennett joins Proactive's Stephen Gunnion with details of a Financial Times feature that highlighted the company's Phalaborwa rare earths project as a bellwether for US critical minerals policy. Bennett highlighted the US Development Finance Corporation's commitment of $50 million to Phalaborwa, which is recognized for its potential to become the highest-margin rare earth project globally. Despite recent volatility in critical mineral prices, Bennett stated that Rainbow could maintain substantial EBITDA margins even at lower market prices due to its strategic and economicalRead More
ETC Group’s Bradley Duke discusses bitcoin trends and new ETP launch
–News Direct– ETC Group founder and chief strategy officer Bradley Duke discusses recent trends in Bitcoin's market performance and future expectations with Proactive's Stephen Gunnion. He noted Bitcoin's peak prices above $72,000 in March and April, attributing these to the SEC approval of spot Bitcoin ETFs in the US. Duke described the subsequent price retracement to below $60,000 as a normal aspect of market cycles, involving profit-taking and no cause for panic. Regarding the Bitcoin halving event, Duke explained that while immediate effects on Bitcoin prices are minimal, historical dataRead More
Nexus Minerals announces significant expansion of Crusader Templar resource
–News Direct– Nexus Minerals Ltd managing director Andy Tudor joined Proactive's Stephen Gunnion with details of a significant expansion of the Crusader Templar resource at the Wallbrook gold project, which now exceeds 300,000 ounces. This growth is attributed to extensive drilling activities conducted throughout 2021 and 2022, with the resource update encompassing a more comprehensive analysis of the geology and mineralisation. Tudor emphasised the higher quality of this resource, marked by a lowered cut-off grade that better reflects the deposit's specific characteristics. Economic factors have played a crucial role inRead More
CEO Roby Zomer discusses Argent BioPharma’s future in pharmaceuticals
–News Direct– Argent BioPharma managing director and CEO Roby Zomer speaks to Proactive's Stephen Gunnion following the company's rebranding from MGC Pharmaceuticals, alongside a comprehensive restructuring. Zomer explained the shift marks a refined focus on the pharmaceutical sector, discarding previous activities not aligned with pure pharmaceutical processes. Zomer highlighted the companys advancement in drug discovery, particularly through a multidisciplinary approach and modern technologies such as nanotechnology and mRNA modulation. These innovations are targeted at addressing unmet medical needs. The company has developed notable products including CannEpil and CimetrA. CannEpil targetsRead More
Immunic Phase 2 EMPhASIS trial data highlighted in peer-reviewed neurology journal
–News Direct– Immunic Inc (NASDAQ:IMUX) CEO Dr Daniel Vitt joined Proactive's Stephen Gunnion with news of the publication of extended data from the Phase 2 EMPhASIS trial of vidofludimus calcium in relapsing-remitting multiple sclerosis (RRMS) in the peer-reviewed journal, Neurology Neuroimmunology & Neuroinflammation, an official journal of the American Academy of Neurology. Vitt noted that the EMPhASIS trial demonstrated a notable reduction in gadolinium-enhancing lesions by 78% and 74% in two high-dose groups compared with the placebo. These results also correlate with improvements in serum neurofilament light chain levels, consistentRead More
May is Motorcycle Safety Awareness Month Gear Up for Safety with Airbags Save
–News Direct– As the weather warms up, motorcycles become increasingly popular modes of transportation. Recently, President at Cycle Gear, Stevan Popovich, conducted a satellite media tour to talk about Airbags Save", a national safety campaign aimed at raising awareness about innovative solutions in motorcycle safety and to share tips for safer riding experiences. A video accompanying this announcement is available at: https://youtu.be/FmNlhqh1jh4 How motorcycle airbags enhance rider safety on the road While wearable airbag devices have been around for years, they are finally becoming attainable for the average rider. LikeRead More
Empire Metals focuses on titanium potential at Pitfield project after strategic refinement
–News Direct– Empire Metals Ltd (AIM:EEE) managing director Shaun Bunn takes Proactive's Stephen Gunnion through key updates and strategic decisions impacting the company. Bunn highlighted that the company secured all mineral rights for its Pitfield titanium project in Western Australia, which he said cleared up market confusion over rights entitlement. This consolidation under a single joint venture precludes third-party interferences in their operations, especially important for their titanium mineral project. Additionally, he said Empire Metals decided not to proceed with the acquisition of the Staveley project in Victoria, opting toRead More
How Digbee’s assessments are shaping Asante Gold’s future sustainability
–News Direct– Digbee Limited founder and CEO Jamie Strauss and Asante Gold's executive vice president and country director Frederick Attakumah joined Proactive's Stephen Gunnion to discuss the impact of Digbee's assessments on Asante Gold's operations. Attakumah highlighted how the second Digbee assessment has been crucial for Asante Gold in demonstrating its commitment to sustainability and environmental standards. The assessment has enabled the company to communicate its initiatives effectively to stakeholders, including regulators and community members, helping to strengthen its corporate responsibility. Further, Attakumah outlined Asante's goals for the next 12Read More
ASHKENAZY ACQUISITION CORP TRANSFORMS VERNON HILLS RETAIL VILLAGE
–News Direct– Ashkenazy Acquisition Corporation, a private real estate investment firm owned by Ben Ashkenazy, is proud to announce that it has revitalized Vernon Hills Village, the premier, open-air retail village in the heart of Westchester County, serving more than one million residents and visitors. Vernon Hills Village boasts more than 20 curated retail, entertainment, and food experiences, including newly signed tenants such as Nike, Sephora, Lululemon, Pottery Barn, Ever/Body, Sweetgreen, Serafina, and Starbucks. Ashkenazy is devoted to continually providing the most welcoming, interactive experiences at Vernon Hills Village, whichRead More
OYO Doubles Down on US Expansion, on Track to Add 250 New Hotels in 2024
–News Direct– Global travel technology company, OYOs US operations today announced plans to significantly expand its footprint in the United States. The company aims to add more than 250 hotels in the US in 2024. Last year the company added ~100 hotels in the US, taking the total count to over 320 hotels. This expansion will focus on some new as well as existing markets including Miami, New York City, San Francisco, San Jose, Boston, New Jersey, Las Vegas, Los Angeles, Manchester, Orlando, and San Diego. OYO was launched inRead More