Building Ounces and Near-Term Production Options Interview with Tony Ker President and CEO, Gryphon Gold Corp With 800,000 ounces of gold already identified on its core Walker Lane property, Gryphon Gold (TSX:GGN) is focused on ‘expanding on the ounces that we have,’ says CEO Tony Ker. ‘We believe it has the potential in excess of […]
Trader’s Hidden Spree Exposed French Bank to €50bn Losses
Jérôme Kerviel, the French trader accused of perpetrating the biggest fraud in banking history, will be questioned intensively again today by French police as the scale of his ten-day spree on the financial markets emerged at the weekend. Kerviel, a 31-year-old loner, gave himself up to the financial police on Saturday and, senior officials said, […]
French Rally Behind Rogue Trader As Fraud Scandal Spreads
He is the man who nearly broke the bank … and who is fast becoming a hero to millions of his compatriots. Jérôme Kerviel, the 31-year-old trader whose fraudulent stock market transactions last week cost his employers Société Générale £3.7bn, was yesterday in a Paris police station after being taken into custody around 2pm by […]
The Market Is Inefficient
Frankfurt, Germany, January 2008 “The market is inefficient”. There I said it. I know that I am committing an inexcusable act of apostasy, especially for a master of business administration. But volatility in the world financial markets this week brings the issue into focus. Even the liberal bastion, the Financial Times, is musing about the meaning of these convolutions. […]
Mass Action finally comes to an end in Kenya with more than 10 people killed by Anti Riot police
Mass Action finally comes to an end in Kenya with more than 10 people killed by antiriot police. The three day consecutive mass action which kicked off in Kenyan big cities and towns organized by ODM in protest for justice and in demand for their democratic rights has finally come to an end with more […]
Cheap and Cheerful: Venezuelans Cling to Right for Petrol at 42p a Tank
There is a world where oil costs $100 a barrel, where motorists wince as they fill up the tank and where energy efficiency is a mantra. And then there is Venezuela. At a Caracas petrol station last week, Gloria Padron, a paediatrician, ticked off items that would cost about the same as the 60 liters […]
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