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Huge gold deposit discovered in China – XinhuaServe Robotics Announces Appointment of Lily Sarafan to its Board of Directors
Hello Kitty is famously the height of just five apples. But these days, the more striking statistic is that she’s worth more than ¥1 trillion — or $6.5 billion. Stock in Japan’s Sanrio Co. hit that milestone for the first time recently, just weeks before the company’s feline star turned 50. Kitty White was born on Nov. 1, 1974, when she first appeared on a vinyl coin purse that quickly helped her became a national sensation in Japan. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.Apples clean up the crumbs: Donuts dunked in charity basketball game at East Helena High
Tagovailoa carves up Pats with 4 TDs, Dolphins win 3rd straight game with 34-15 rout of New England
Nine reasons families are flocking to Ned Kelly’s old stomping ground
A massive gold deposit with estimated reserves of over 1,000 tons has been discovered in southern China, Xinhua news agency reported on Thursday, citing Hunan Province’s geological bureau. According to the report, geologists have unearthed over 40 gold veins within a depth of 2,000 meters beneath the Wangu gold field in Pingjiang County. Within the depth of 3,000 meters, the site is estimated to contain over 1,000 tons of gold, valued at $83 billion, Xinhua reports. “Many drilled rock cores showed visible gold,” an ore-prospecting expert at the bureau, Chen Rulin, told the outlet. He noted that a ton of ore in the 2,000-meter range contained up to 138 grams of gold. The report also cited the vice head of the bureau, Liu Yongjun, as saying that the geologists used modern ore prospecting technologies, including 3D geological modeling. Liu said that test drilling around the Wangu field’s peripheral areas also showed promising potential. The latest discovery comes as gold prices have rallied to record highs amid growing global uncertainty, a weaker US dollar, and strong demand from central banks. China is the world’s leading gold producer, accounting for around 10% of global output in 2023, according to data from the World Gold Council. The share of gold in the overall reserves of the People’s Bank of China (PBOC) amounted to 5.7% at the end of October. Official bullion holdings remained unchanged at 2,264 tons in October, for the seventh consecutive month. In 2023, the PBOC outpaced all central banks, adding 225 tons of gold to its reserves. The country ranked sixth in the amount of gold it has in its reserves last year, behind Russia, France, Italy, Germany, and the US, according to Statista.
‘Saltburn’ star deactivates Instagram account due to ‘hatred’, ‘too many lines being crossed’
NEW YORK , , Dec. 9, 2024 /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: Adams Resources & Energy, Inc. (NYSE: AE)'s sale to an affiliate of Tres Energy LLC for $38.00 per share in cash. If you are an Adams shareholder, click here to learn more about your rights and options . EnLink Midstream, LLC (NYSE: ENLC)'s sale to ONEOK, Inc. for 0.1412 shares of ONEOK common stock for each common unit of EnLink. If you are an EnLink shareholder, click here to learn more about your rights and options . SK Growth Opportunities Corporation (NASDAQ: SKGR)'s merger with Webull Corporation. The proposed transaction represents an implied pro forma enterprise value of approximately $7.3 billion for the combined company. If you are an SK Growth shareholder, click here to learn more about your rights and options . Evergreen Corporation (NASDAQ: EVGR)'s merger with Forekast Limited. The proposed transaction values Forekast at an enterprise value of $105 million . If you are an Evergreen shareholder, click here to learn more about your legal rights and options . Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits on behalf of shareholders. We would handle the action on a contingent fee basis, whereby you would not be responsible for out-of-pocket payment of our legal fees or expenses. Shareholders are encouraged to contact the firm free of charge to discuss their legal rights and options. Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email sadeh@halpersadeh.com or zhalper@halpersadeh.com . Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors. Attorney Advertising. Prior results do not guarantee a similar outcome. Contact Information: Halper Sadeh LLC Daniel Sadeh, Esq. Zachary Halper, Esq. (212) 763-0060 sadeh@halpersadeh.com zhalper@halpersadeh.com https://www.halpersadeh.com View original content to download multimedia: https://www.prnewswire.com/news-releases/shareholder-investigation-halper-sadeh-llc-investigates-ae-enlc-skgr-evgr-on-behalf-of-shareholders-302326315.html SOURCE Halper Sadeh LLPJERUSALEM — Israel approved a ceasefire agreement with Lebanon's Hezbollah militants on Tuesday that would end nearly 14 months of fighting linked to the war in the Gaza Strip. The ceasefire, starting at 4 a.m. local time Wednesday, would mark the first major step toward ending the regionwide unrest triggered by Hamas’ attack on Israel on Oct. 7, 2023. But it does not address the devastating war in Gaza , where Hamas is still holding dozens of hostages and the conflict is more intractable. Hours before the ceasefire with Hezbollah was to take effect, Israel carried out the most intense wave of strikes in Beirut and its southern suburbs since the start of the conflict and issued a record number of evacuation warnings. At least 42 people were killed in strikes across the country, according to local authorities. Another huge airstrike shook Beirut shortly after the ceasefire was announced. There appeared to be lingering disagreement over whether Israel would have the right to strike Hezbollah if it believed the militants had violated the agreement, something Prime Minister Benjamin Netanyahu insisted was part of the deal but which Lebanese and Hezbollah officials have rejected. Israel's security Cabinet approved the U.S.-France-brokered ceasefire agreement after Netanyahu presented it, his office said. U.S. President Joe Biden, speaking in Washington, called the agreement “good news” and said his administration would make a renewed push for a ceasefire in Gaza. The Biden administration spent much of this year trying to broker a ceasefire and hostage release in Gaza but the talks repeatedly sputtered to a halt . President-elect Donald Trump vowed to bring peace to the Middle East without saying how. Still, any halt to the fighting in Lebanon is expected to reduce the likelihood of war between Israel and Iran, which backs both Hezbollah and Hamas and exchanged direct fire with Israel on two occasions earlier this year. Israel says it will ‘attack with might’ if Hezbollah breaks truce Netanyahu presented the ceasefire proposal to Cabinet ministers after a televised address in which he listed accomplishments against Israel’s enemies across the region. He said a ceasefire with Hezbollah would further isolate Hamas in Gaza and allow Israel to focus on its main enemy, Iran. “If Hezbollah breaks the agreement and tries to rearm, we will attack,” he said. “For every violation, we will attack with might.” The ceasefire deal calls for a two-month initial halt in fighting and would require Hezbollah to end its armed presence in a broad swath of southern Lebanon, while Israeli troops would return to their side of the border. Thousands of additional Lebanese troops and U.N. peacekeepers would deploy in the south, and an international panel headed by the United States would monitor compliance. Biden said Israel reserved the right to quickly resume operations in Lebanon if Hezbollah breaks the terms of the truce, but that the deal "was designed to be a permanent cessation of hostilities.” Netanyahu’s office said Israel appreciated the U.S. efforts in securing the deal but “reserves the right to act against every threat to its security.” Lebanon’s caretaker Prime Minister Najib Mikati welcomed the ceasefire and described it as a crucial step toward stability and the return of displaced people. Hezbollah has said it accepts the proposal, but a senior official with the group said Tuesday it had not seen the agreement in its final form. “After reviewing the agreement signed by the enemy government, we will see if there is a match between what we stated and what was agreed upon by the Lebanese officials,” Mahmoud Qamati, deputy chair of Hezbollah’s political council, told the Al Jazeera news network. “We want an end to the aggression, of course, but not at the expense of the sovereignty of the state," he said, referring to Israel's demand for freedom of action. “Any violation of sovereignty is refused.” Warplanes bombard Beirut and its southern suburbs Even as ceasefire efforts gained momentum in recent days, Israel continued to strike what it called Hezbollah targets across Lebanon while the militants fired rockets, missiles and drones across the border. An Israeli strike on Tuesday leveled a residential building in central Beirut — the second time in recent days warplanes have hit the crowded area near downtown. At least seven people were killed and 37 wounded, according to Lebanon's Health Ministry. Israel also struck a building in Beirut's bustling commercial district of Hamra for the first time, hitting a site around 400 meters (yards) from Lebanon’s Central Bank. There were no reports of casualties. The Israeli military said it struck targets linked to Hezbollah's financial arm. The evacuation warnings covered many areas, including parts of Beirut that previously were not targeted. The warnings sent residents fleeing. Traffic was gridlocked, with mattresses tied to some cars. Dozens of people, some wearing pajamas, gathered in a central square, huddling under blankets or standing around fires as Israeli drones buzzed overhead. Israeli military spokesman Avichay Adraee issued evacuation warnings for 20 buildings in Beirut's southern suburbs, where Hezbollah has a major presence, as well as a warning for the southern town of Naqoura where the U.N. peacekeeping mission, UNIFIL, is headquartered. UNIFIL spokesperson Andrea Tenenti said peacekeepers will not evacuate. Israeli forces reach Litani River in southern Lebanon The Israeli military also said its ground troops clashed with Hezbollah forces and destroyed rocket launchers in the Slouqi area on the eastern end of the Litani River, a few miles from the Israeli border. Under the ceasefire deal, Hezbollah would be required to move its forces north of the Litani, which in some places is about 20 miles north of the border. Hezbollah began firing into northern Israel on Oct. 8, 2023, saying it was showing support for the Palestinians, a day after Hamas carried out its attack on southern Israel, triggering the Gaza war. Israel returned fire on Hezbollah, and the two sides have exchanged barrages ever since. Israel escalated its bombardment in mid-September and later sent troops into Lebanon, vowing to put an end to Hezbollah fire so tens of thousands of evacuated Israelis could return to their homes. More than 3,760 people have been killed by Israeli fire in Lebanon the past 13 months, many of them civilians, according to Lebanese health officials. The bombardment has driven 1.2 million people from their homes. Israel says it has killed more than 2,000 Hezbollah members. Hezbollah fire has forced some 50,000 Israelis to evacuate in the country’s north, and its rockets have reached as far south in Israel as Tel Aviv. At least 75 people have been killed, more than half of them civilians. More than 50 Israeli soldiers have died in the ground offensive in Lebanon. Chehayeb and Mroue reported from Beirut and Federman from Jerusalem. Associated Press reporters Lujain Jo and Sally Abou AlJoud in Beirut and Aamer Madhani in Washington contributed.
A Connecticut couple has been charged in Minnesota with being part of a shoplifting ring suspected of stealing around $1 million in goods across the country from the upscale athletic wear retailer Lululemon. Jadion Anthony Richards, 44, and Akwele Nickeisha Lawes-Richards, 45, both of Danbury, Connecticut, were charged this month with one felony count of organized retail theft. Both went free last week after posting bail bonds of $100,000 for him and $30,000 for her, court records show. They're due back in Ramsey County District Court in St. Paul on Dec. 16. According to the criminal complaints, a Lululemon investigator had been tracking the pair even before police first confronted them on Nov. 14 at a store in suburban Roseville. The investigator told police the couple were responsible for hundreds of thousands of dollars in losses across the country, the complaints said. They would steal items and make fraudulent returns, it said. Police found suitcases containing more than $50,000 worth of Lululemon clothing when they searched the couple's hotel room in Bloomington, the complaint said. RELATED STORY | Florida social media influencer arrested for stealing from Target According to the investigator, they were also suspected in thefts from Lululemon stores in Colorado, Utah, New York and Connecticut, the complaint said. Within Minnesota, they were also accused of thefts at stores in Minneapolis and the suburbs of Woodbury, Edina and Minnetonka. The investigator said the two were part of a group that would usually travel to a city and hit Lululemon stores there for two days, return to the East Coast to exchange the items without receipts for new items, take back the new items with the return receipts for credit card refunds, then head back out to commit more thefts, the complaint said. In at least some of the thefts, it said, Richards would enter the store first and buy one or two cheap items. He'd then return to the sales floor where, with help from Lawes-Richards, they would remove a security sensor from another item and put it on one of the items he had just purchased. Lawes-Richards and another woman would then conceal leggings under their clothing. They would then leave together. When the security sensors at the door went off, he would offer staff the bag with the items he had bought, while the women would keep walking out, fooling the staff into thinking it was his sensor that had set off the alarm, the complaint said. Richards' attorney declined to comment. Lawes-Richards' public defender did not immediately return a call seeking comment Monday. "This outcome continues to underscore our ongoing collaboration with law enforcement and our investments in advanced technology, team training and investigative capabilities to combat retail crime and hold offenders accountable," Tristen Shields, Lululemon's vice president of asset protection, said in a statement. "We remain dedicated to continuing these efforts to address and prevent this industrywide issue." The two are being prosecuted under a state law enacted last year that seeks to crack down on organized retail theft. One of its chief authors, Sen. Ron Latz, of St. Louis Park, said 34 states already had organized retail crime laws on their books. "I am glad to see it is working as intended to bring down criminal operations," Latz said in a statement. "This type of theft harms retailers in myriad ways, including lost economic activity, job loss, and threats to worker safety when crime goes unaddressed. It also harms consumers through rising costs and compromised products being resold online." Two Minnesota women were also charged under the new law in August. They were accused of targeting a Lululemon store in Minneapolis.CHS Inc stock hits 52-week low at $28.75 amid market shifts
AmpliTech Group Announces Closing of $1.4 Million Registered Direct Offering
Overall Outlook in 2025 2025 is a year of steady growth and notable achievements for Virgo. With Saturn transitioning from the 6th to the 7th house, the year begins with a focus on career, competitions, and resolving long-pending tasks. However, after March, relationships, partnerships, and personal connections take center stage. Jupiter’s presence in your 9th house initially brings opportunities to enhance your social status, build meaningful contacts, and gain recognition. Stay consistent and practical to make the most of this promising year. Love & Relationships in 2025 Relationships require patience and understanding this year. Until March, your energy will largely focus on professional and personal growth, leaving little room for romantic matters. However, post-March, the Saturnian shift to your 7th house might bring delays in romantic commitments or create misunderstandings in existing relationships. For married Virgos, Jupiter’s influence ensures harmony and growth with your partner. Singles could reconnect with someone from the past or form a meaningful bond in the latter half of the year. Career & Finances in 2025 The year is marked by career milestones and financial growth. Jupiter’s influence on the 9th and 10th houses will help Virgos gain recognition, make influential connections, and climb the professional ladder. Promotions and leadership opportunities are highly likely, especially after May. Financially, the first half of the year promises steady income, while the second half sees new investments and success in ventures. Health in 2025 Health remains stable for most of the year, with occasional concerns that require attention. Saturn in the 6th house till March ensures you overcome past health challenges and build physical endurance. However, as Saturn moves into your 7th house, stress and overwork might affect your well-being. Best Months of 2025 The months of May, August, and November will bring positivity, career growth, and personal achievements. Bad Months of 2025 March and July might feel challenging due to delays or obstacles in relationships and increased stress at work. Key Mantra for 2025 Stay patient and practical; steady progress will lead to lasting success. Virgo Sign Attributes Strength: Kind, Elegant, Perfectionist, Modest, Strong-willed Weakness: Picky, Over-possessive Symbol: Virgin maiden Element: Earth Body Part: Intestine Sign Ruler : Mercury Lucky Day: Wednesday Lucky Color: Gray Lucky Number: 7 Lucky Stone : Sapphire Virgo Sign Compatibility Chart Natural affinity: Taurus, Cancer, Scorpio, Capricorn Good compatibility: Virgo, Pisces Fair compatibility: Aries, Leo, Libra, Aquarius Less compatibility: Gemini, Sagittarius By: Dr. J. N. Pandey Vedic Astrology & Vastu Expert Website: www.astrologerjnpandey.com E-mail: djnpandey@gmail.com Phone: 91-9811107060 (WhatsApp Only)JERUSALEM — Israel approved a ceasefire agreement with Lebanon's Hezbollah militants on Tuesday that would end nearly 14 months of fighting linked to the war in the Gaza Strip. The ceasefire, starting at 4 a.m. local time Wednesday, would mark the first major step toward ending the regionwide unrest triggered by Hamas’ attack on Israel on Oct. 7, 2023. But it does not address the devastating war in Gaza , where Hamas is still holding dozens of hostages and the conflict is more intractable. Hours before the ceasefire with Hezbollah was to take effect, Israel carried out the most intense wave of strikes in Beirut and its southern suburbs since the start of the conflict and issued a record number of evacuation warnings. At least 42 people were killed in strikes across the country, according to local authorities. Another huge airstrike shook Beirut shortly after the ceasefire was announced. Smoke rises following an Israeli airstrike on Dahiyeh, in Beirut, Lebanon, Tuesday, Nov. 26, 2024. There appeared to be lingering disagreement over whether Israel would have the right to strike Hezbollah if it believed the militants had violated the agreement, something Prime Minister Benjamin Netanyahu insisted was part of the deal but which Lebanese and Hezbollah officials have rejected. Israel's security Cabinet approved the U.S.-France-brokered ceasefire agreement after Netanyahu presented it, his office said. U.S. President Joe Biden, speaking in Washington, called the agreement “good news” and said his administration would make a renewed push for a ceasefire in Gaza. The Biden administration spent much of this year trying to broker a ceasefire and hostage release in Gaza but the talks repeatedly sputtered to a halt . President-elect Donald Trump vowed to bring peace to the Middle East without saying how. Still, any halt to the fighting in Lebanon is expected to reduce the likelihood of war between Israel and Iran, which backs both Hezbollah and Hamas and exchanged direct fire with Israel on two occasions earlier this year. Israel says it will ‘attack with might’ if Hezbollah breaks truce Netanyahu presented the ceasefire proposal to Cabinet ministers after a televised address in which he listed accomplishments against Israel’s enemies across the region. He said a ceasefire with Hezbollah would further isolate Hamas in Gaza and allow Israel to focus on its main enemy, Iran. “If Hezbollah breaks the agreement and tries to rearm, we will attack,” he said. “For every violation, we will attack with might.” The ceasefire deal calls for a two-month initial halt in fighting and would require Hezbollah to end its armed presence in a broad swath of southern Lebanon, while Israeli troops would return to their side of the border. Thousands of additional Lebanese troops and U.N. peacekeepers would deploy in the south, and an international panel headed by the United States would monitor compliance. Biden said Israel reserved the right to quickly resume operations in Lebanon if Hezbollah breaks the terms of the truce, but that the deal "was designed to be a permanent cessation of hostilities.” A police bomb squad officer inspects the site where a rocket fired from Lebanon landed in a backyard in Kiryat Shmona, northern Israel, Tuesday Nov. 26, 2024. Netanyahu’s office said Israel appreciated the U.S. efforts in securing the deal but “reserves the right to act against every threat to its security.” Lebanon’s caretaker Prime Minister Najib Mikati welcomed the ceasefire and described it as a crucial step toward stability and the return of displaced people. Hezbollah has said it accepts the proposal, but a senior official with the group said Tuesday it had not seen the agreement in its final form. “After reviewing the agreement signed by the enemy government, we will see if there is a match between what we stated and what was agreed upon by the Lebanese officials,” Mahmoud Qamati, deputy chair of Hezbollah’s political council, told the Al Jazeera news network. “We want an end to the aggression, of course, but not at the expense of the sovereignty of the state," he said, referring to Israel's demand for freedom of action. “Any violation of sovereignty is refused.” Warplanes bombard Beirut and its southern suburbs Even as ceasefire efforts gained momentum in recent days, Israel continued to strike what it called Hezbollah targets across Lebanon while the militants fired rockets, missiles and drones across the border. An Israeli strike on Tuesday leveled a residential building in central Beirut — the second time in recent days warplanes have hit the crowded area near downtown. At least seven people were killed and 37 wounded, according to Lebanon's Health Ministry. Israel also struck a building in Beirut's bustling commercial district of Hamra for the first time, hitting a site around 400 meters (yards) from Lebanon’s Central Bank. There were no reports of casualties. The Israeli military said it struck targets linked to Hezbollah's financial arm. The evacuation warnings covered many areas, including parts of Beirut that previously were not targeted. The warnings sent residents fleeing. Traffic was gridlocked, with mattresses tied to some cars. Dozens of people, some wearing pajamas, gathered in a central square, huddling under blankets or standing around fires as Israeli drones buzzed overhead. Israeli military spokesman Avichay Adraee issued evacuation warnings for 20 buildings in Beirut's southern suburbs, where Hezbollah has a major presence, as well as a warning for the southern town of Naqoura where the U.N. peacekeeping mission, UNIFIL, is headquartered. UNIFIL spokesperson Andrea Tenenti said peacekeepers will not evacuate. Israeli soldiers inspect the site Tuesday Nov. 26, 2024, where a rocket fired from Lebanon landed in a backyard in Kiryat Shmona, northern Israel. Israeli forces reach Litani River in southern Lebanon The Israeli military also said its ground troops clashed with Hezbollah forces and destroyed rocket launchers in the Slouqi area on the eastern end of the Litani River, a few miles from the Israeli border. Under the ceasefire deal, Hezbollah would be required to move its forces north of the Litani, which in some places is about 20 miles north of the border. Hezbollah began firing into northern Israel on Oct. 8, 2023, saying it was showing support for the Palestinians, a day after Hamas carried out its attack on southern Israel, triggering the Gaza war. Israel returned fire on Hezbollah, and the two sides have exchanged barrages ever since. Israeli security officers and army soldiers inspect the site Tuesday Nov. 26, 2024, where a rocket fired from Lebanon landed in a backyard in Kiryat Shmona, northern Israel. Israel escalated its bombardment in mid-September and later sent troops into Lebanon, vowing to put an end to Hezbollah fire so tens of thousands of evacuated Israelis could return to their homes. More than 3,760 people have been killed by Israeli fire in Lebanon the past 13 months, many of them civilians, according to Lebanese health officials. The bombardment has driven 1.2 million people from their homes. Israel says it has killed more than 2,000 Hezbollah members. Hezbollah fire has forced some 50,000 Israelis to evacuate in the country’s north, and its rockets have reached as far south in Israel as Tel Aviv. At least 75 people have been killed, more than half of them civilians. More than 50 Israeli soldiers have died in the ground offensive in Lebanon. Chehayeb and Mroue reported from Beirut and Federman from Jerusalem. Associated Press reporters Lujain Jo and Sally Abou AlJoud in Beirut and Aamer Madhani in Washington contributed. Copyright 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission. Respond: Write a letter to the editor | Write a guest opinion Subscribe to stay connected to Tucson. A subscription helps you access more of the local stories that keep you connected to the community. Get Government & Politics updates in your inbox! Stay up-to-date on the latest in local and national government and political topics with our newsletter.None
A Mini India exists in Guyana, says PM Modi in 'Mann Ki Baat'Tua Tagovailoa's strong play has helped keep the Dolphins' playoff hopes alive
NEW YORK, Nov. 26, 2024 (GLOBE NEWSWIRE) -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against WM Technology, Inc. ("WM Technology" or "the Company") MAPS and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired WM Technology securities between May 25, 2021, and September 24, 2024, inclusive (the "Class Period"). Such investors are encouraged to join this case by visiting the firm's site: bgandg.com/MAPS . Case Details The complaint alleges that Defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose, among other things, that: (1) WM Technology's monthly average user metrics (MAUs) were severely inflated for years; and (2) as a result, defendants' statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages. What's Next? A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firm's site: bgandg.com/MAPS or you may contact Peretz Bronstein, Esq. or his Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC at 332-239-2660. If you suffered a loss in WM Technology you have until December 16, 2024, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as lead plaintiff. There is No Cost to You We represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys' fees, usually a percentage of the total recovery, only if we are successful. Why Bronstein, Gewirtz & Grossman Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide. Attorney advertising. Prior results do not guarantee similar outcomes. Contact Bronstein, Gewirtz & Grossman, LLC Peretz Bronstein or Nathan Miller 332-239-2660 | info@bgandg.com © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.Seplat Energy Plc, has said gas resources in Nigeria and other African countries can drive significant developmental gains with minimal impacts on emission. According to a statement issued on Sunday by the leading energy company, gas is the immediate solution to many immediate problems in Africa; adding that there is a compelling development case for investment in the resource. The Director, Strategy, Planning & Business Development, Seplat Energy, Mr. Alasdair Mackenzie, spoke at the recently concluded World Energy Capital Assembly (WECA) in London, where he delivered a keynote address titled: Leading Nigeria’s Transition – A Model For The Continent. He said: “With gas, significant development gains can be achieved with minimal impact on emissions. Whole of Africa has contributed only 3% of global emissions since the Industrial Revolution; sub-Saharan Africa less than 1%.” Mackenzie noted that there is a strong case for gas as Nigeria’s transition fuel. He added that it is proven and accepted as transition fuel in developed North Africa having a large local resources and Nigeria having the largest, with multiple essential uses beyond power. He added: “Africa’s development will require significant improvements in access to energy. “This will result in lower costs, and more reliable energy will drive job creation, prosperity and social development and achievement of United Nations Sustainable Development Goals.” Speaking on Seplat Energy’s business, Mackenzie said twin ambitions guide the company’s operations and its relationships with stakeholders and the natural world. He said:“Firstly, Seplat Energy builds a sustainable business by driving social development, focusing on environmental care and reporting, and maximising returns for all stakeholders. “Also, the Company is delivering energy transition via its upstream, midstream gas and power/new energy businesses.” He stressed that natural gas is Africa’s logical transition fuel whilst advising a drift towards energy access, which is the reality of a continent in which 600 million people lack access to reliable and affordable energy. According to him, beyond power, natural gas is essential in many applications such as fertiliser, cement, glass and steel, all of which will be required in billions of tonnes to build and support a modern Africa.