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Sagicor nets US$41.6m in Q1

REGIONAL insurer Sagicor Financial Corporation, which has thousands of Trinidad and Tobago customers and shareholders, on Friday declared US$41.6 million in net income for the three months ended March 31, 2021, after recording a net income loss of US$25.1 million for the same quarter in 2020. The regional financial services company, which is headquartered in Barbados, reported US$431.4 million in total net revenue for the three months ended March 31, 2021, which was 25.7 per cent higher than for the same period in 2020. The company’s total benefits were up by 25.8 per cent to US$255.4 million in 2021 from

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Canada
Maritz Smith

ALPHAMIN (AFM:TSXV, APH:JSE AltX),CONFIRMS HIGH GRADE TIN MINERALISATION ON EXPLORATION DRILLING AT MPAMA SOUTH

ALPHAMIN (AFM:TSXV, APH:JSE AltX),CONFIRMS HIGH GRADE TIN MINERALISATION ON EXPLORATION DRILLING AT MPAMA SOUTH – Toronto Stock Exchange News Today – EIN Presswire Trusted News Since 1995 A service for global professionals · Monday, May 17, 2021 · 541,310,342 Articles · 3+ Million Readers News Monitoring and Press Release Distribution Tools News Topics Newsletters Press Releases Events & Conferences RSS Feeds Other Services Questions?

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Canada
admin

CGI expects to leverage Logica acquisition with Asia-Pacific expansion

MONTREAL – After more than doubling its size over the past five years, CGI Group expects to pursue new ways to leverage its acquisition of U.K.-based information technology provider Logica and expand its presence in the Asia-Pacific region. The Montreal-based company will conduct planning sessions in June to map out its goals for the coming three years, but CEO Michael Roach said Wednesday that Asia will likely be a focus for expansion. article continues below Trending Stories “Our immediate focus in 2013 is the integration of Logica, but I think you can expect coming out of that planning session that

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Canada
Omar Faridi

Digital Asset Payment Service Provider Banxa Integrates its Crypto to Fiat Gateway with Bancor

Banxa, an established payment service provider (PSP) for the crypto-asset sector, has reportedly integrated its crypto-to-fiat gateway with Bancor, a liquidity protocol enabling automated cross-chain swaps and liquidity provision to various digital tokens. Through this latest integration, Bancor users will have the option to buy digital assets with fiat currencies directly through the bancor.network. As mentioned in a release shared with Crowdfund Insider: “As institutions enter the game and crypto begins to mesh with the broader world of finance, the need for liquidity in crypto investment and trading becomes more urgent. It shouldn’t take an hour and a PhD to

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Canada
admin

Centerra Gold stock falls after Kyrgyz Republic state firm says it will divest shares

CALGARY — The Kyrgyz Republic state company that owns 26 per cent of the shares of Canadian miner Centerra Gold Inc. says in a regulatory filing it intends to sell about 19 per cent of its holdings. Centerra’s shares fell by as much as 6.5 per cent to $8.40 in trading on the Toronto Stock Exchange after the state company, Kyrgyzaltyn JSC, said it intended to sell 14.8 million of its 77.4 million Centerra shares. Earlier this week, Centerra reported the Kyrgyz Republic Parliament had passed a law that would allow the government to impose “external management” of its Kumtor

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Canada
NewsReport

The Kyrgyz leader has signed a law threatening to take the Kumtor gold mine to Canada News

The President of Kyrgyzstan has signed the law if the government allows him to take control of the largest gold mine if he sees that the Canadian operator of the facility has violated environmental regulations. The move comes on Friday as authorities put pressure on Centerra Gold, a Canadian-based miner that controls the Kumtor gold mine, on suspicion that the company has committed more than $ 4 billion in environmental and tax violations. Kumtor, a mine more than 4,000 meters above sea level in the east of the country, accounts for 10% of the national wireless economy. Britain and Canada

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Canada
admin

Kyrgyz leader signs law threatening Kumtor gold mine takeover

Move allows gov’t to take control of the country’s largest gold mine if Centerra Gold violates environmental standards. Kyrgyzstan’s president has signed a law that allows the government to seize control of its largest gold mine if the facility’s Canadian operator is found to have violated environmental standards. The move on Friday comes as authorities ratchet up pressure on Centerra Gold, the Canada-headquartered miner that controls the Kumtor gold mine by claiming the company has committed environmental and tax violations worth more than $4bn. Kumtor, a mine situated in the east of the country at more than 4,000 metres (13,100

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Canada
Jelena Martinovic

Aurora Cannabis Stock Falls Amid Losses In Q3, Announces Transfer To Nasdaq

Aurora Cannabis Inc. (NYSE:ACB) (TSX:ACB) stock plunged after hours Thursday when the company reported a drop in recreational cannabis revenue, missing estimates. The Edmonton, Alberta-based cannabis company revealed a 19.5% year-over-year and 17% sequential decline in revenue to CA$58.4 million ($48.1 million), before provisions, in the third quarter of 2021. Aurora also posted a negative adjusted EBITDA of CA$24 million, versus a CA$49.6 million loss in the same quarter of 2020. In addition, the company reported a CA$164.7 million net loss from operations, compared to CA$133.5 million in the corresponding period of last year. Aurora revealed a quarterly loss of

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Canada
Newsfile

Platinum Group Metals Ltd. Reports Court Application Opposing Environmental Authorization

Breadcrumb Trail Links Newsfile Author of the article:   Article content Vancouver, British Columbia and Johannesburg, South Africa–(Newsfile Corp. – May 13, 2021) –  Platinum Group Metals Ltd. (TSX: PTM) (NYSE American: PLG) (“Platinum Group” or the “Company”) has received notice that a group from the Kgatlu Community (the “Applicants”), located near planned surface infrastructure associated with the Waterberg Mine, has filed an application for an order in the High Court of South Africa (the “High Court”) to review and set aside the decision by the Minister of Environment, Forestry and Fisheries (the “DE”) to dismiss an application for condonation for

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Canada
Doreen Fung

Earn While You Listen on GazeTV.com. The Official Gramatik Channel Is Now Available.

Earn While You Listen on GazeTV.com. The Official Gramatik Channel Is Now Available. – Toronto Stock Exchange News Today – EIN Presswire Trusted News Since 1995 A service for global professionals · Friday, May 14, 2021 · 541,134,549 Articles · 3+ Million Readers News Monitoring and Press Release Distribution Tools News Topics Newsletters Press Releases Events & Conferences RSS Feeds Other Services Questions?

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