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Strong rand hammers Standard Bank profits - but why? Expert insights


Standard Bank, a South African headquartered multinational, said this week that a stronger rand drove its revenue down in the first four months of this year. Why is it blaming ‘currency effects’ for its four-month revenue hit? Andre Cilliers, currency strategist at TreasuryONE, joined Jackie Cameron for BizNews to discuss an important question that shareholders should be asking, factors influencing the value of the rand, and how big companies can safeguard their profits. – Jackie Cameron
Andre Cilliers, currency strategist at TreasuryONE, on factors affecting the rand over the past week: 
It [was] a bank holiday in the UK [on Monday] and it [was] also a holiday in the United States. So a fairly quiet day. Equity markets and everything on the quiet. So the rand relatively subdued. During the course of the week, we have a few figures coming out which could cause some interesting moves. We have unemployment and non-farm payroll productivity out of the United States. So ....

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Telson Announces Restructure of Board of Directors, Corporate Name


Article content
Vancouver, British Columbia–(Newsfile Corp. – May 10, 2021) – Telson Mining Corporation (TSXV: TSN) (OTC Pink: SOHFF) (FSE: TSGN) (“
Telson” or the “
Company” is pleased to announce a restructuring of its Board of Directors, the execution of a Financial Advisory Agreement with Endeavour Financial and a corporate name change, all to better reflect and support the current growth of the Company as it continues construction of its flagship Tahuehueto Gold mine, improves efficiencies and metal recoveries at its Campo Morado operating mine and progresses on its development towards becoming a mid-tier metal producer in Mexico.
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New York , United States , United Kingdom , British Columbia , Campo Morado , City Of , Roberto Guzman Garcia , David Rhodes , Natascha Kiernan , Meagher Flom , Tom Kelly , Enrique Margalef , Yao Sun , Mark Bailey , Glen Sandwell , Rory Godinho , Ruben Alvidrez Ortega , Thomas Tom Kelly , Endeavour Financial Ltd , Standard Bank London , Equinox Resources Inc , Society For Mining , Australasian Institute Of Mining , Resources Ltd , Telson Mexico Country Administration , Venture Exchange ,

Empress Royalty (TSXV:EMPR) Investor Overview


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Empress Royalty’s Management Team
Alexandra Woodyer Sherron Director, CEO, President and Investment Committee
Alexandra has over 20 years of experience in the mining industry. Alexandra started at PricewaterhouseCoopers before joining Endeavour Financial, a global mining finance advisory firm. During her investment banking career in London, she was Director Structured Financing and involved in the successful completion of over US$1.5 billion in fi ....

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