Latest news with #Moma
Irish Times
29-06-2025
- Business
- Irish Times
Kenmare boss leaves door ajar for another approach
Kenmare Resources managing director Tom Hickey has had more facetime and eartime with investors than he might have expected when he stepped into the role almost 11 months ago. Hickey told Peel Hunt analyst Peter Mallin-Jones on a podcast in recent days that he has been on to holders of more than 60 per cent of the stock since he told his predecessor, Michael Carvill , and Abu Dhabi private equity firm Oryx Global Partners to take a hike last week. They had made it clear they would only proceed with a bid that was below their initial £473 million (€553 million) proposal in early March. The investors were 'very comfortable' with the board's decision to walk away from talks, he said, adding that the process was useful at 'shining a light on the value' of the titanium minerals miner, which operates the Moma mine in Mozambique, where it has been producing for the past two decades. Moma has a lifespan of a further century, according to the company, based on its current output. 'They may come back, or somebody else may come along. Who knows,' he said. 'There are no sacred cows in Kenmare.' He insisted that the board would support a deal if the 'right value' were pitched. READ MORE [ Kenmare ends takeover talks with former MD and Abu Dhabi firm after they lower bid price Opens in new window ] Hickey's not tapping his fingers waiting, though. The managing director reiterated an interest in Kenmare buying another asset in the medium term. 'Whether it's an exploration asset, a development, or a production asset, who knows,' he said. Carvill and Oryx's original offer of £5.30 per share was rejected in March as undervaluing the company. However, Kenmare allowed the consortium access to its books to carry out due diligence, with a view to improving its bid. Carvill told The Irish Times the lower proposal was partly down to concerns about titanium minerals prices as the global economic outlook has deteriorated since the initial bid approach, amid concerns about the Trump administration's trade policies and escalating conflict in the Middle East. It also reflected how the Mozambique government is seeking higher mineral processing and exporting royalties from Kenmare. Kenmare's main product is ilmenite, which is used in the manufacture of everything from paints and plastics to ceramics and textile. While Hickey said that Kenmare had hoped that titanium mineral prices would bottom out this year, having fallen back from peak in 2022, he now reckons that has been pushed out into 2026. At least that's the hope.
Associated Press
04-05-2025
- Entertainment
- Associated Press
Artist Marryam Moma Returns with 'WUNDERLAND NOIR: Restorative Respite' at September Gray Fine Art Gallery
Following Acclaimed Exhibitions and Campaigns, Moma Unveils a New Chapter at September Gray Gallery in Atlanta 'Marryam has revolutionized analogue collage, with her redefining approach that will inspire and guide the next generation of artists.'— Dion Clark, HFAS ATLANTA, GA, UNITED STATES, May 4, 2025 / / -- After a year marked by national acclaim and visionary growth, Tanzanian-Nigerian analog collage artist Marryam Moma returns with a striking continuation of her celebrated solo series. Titled WUNDERLAND NOIR: Restorative Respite, the new installation opens Saturday, May 10, 2025, at September Gray Art Gallery in Atlanta. This immersive experience invites audiences into an Afro-whimsical dreamscape devoted to celebrating luxury, leisure, and joy for Black women. A Whirlwind Season of Black Woman Visibility + Impact Moma's newest chapter follows an extraordinary year of visibility and cultural resonance: Fall 2024: Her biopic-style solo exhibition WUNDERLAND NOIR excited art enthusiasts and avid collectors at Buckhead Art & Company in Atlanta, with force. February 2025: Moma was featured at The Harlem Fine Arts Show 17 at The Glasshouse NYC during Black History Month. Presented by Touch | The Black Breast Cancer Alliance, the showcase, curated in partnership with GRAPHITE HOUSE—amplified contemporary Black artistry. March 2025: She joined Boost Mobile's Women's History Month Campaign, highlighting Black women artists and laborers whose creative practices intersect with cultural legacy and resistance. Spring 2025: Her sculptural work ' Melanin Machina ' was selected for The Stories of Us, an international exhibition at the United Nations Headquarters in New York, celebrating artists of African descent. The Essence feature titled 'Our Stories Are Our Salvation' captures the spirit of the exhibit and Moma's powerful contribution to global storytelling. Opening Night Event: WUNDERLAND NOIR: Restorative Respite Saturday, May 10, 2025 | 6:00 PM – 9:00 PM September Gray Art Gallery 480 John Wesley Dobbs Ave | Suite 160 | Atlanta, GA 30312 Admission is free | Valet parking available Guests will enjoy: The debut of Moma's Limited Edition Plate Set An evening of collage, culture, and curated community Thought-provoking visuals rooted in rest, beauty, and liberation About the Artist Marryam Moma is a Tanzanian-Nigerian analog collage artist based in Atlanta. Her work explores themes of identity, ancestry, liberation, and feminine joy through intricate hand-cut paper techniques. With features in national campaigns and global exhibitions, she continues to shift visual narratives and champion the creative presence of Black women. RODNEY LOVEJONES GRAPHITE HOUSE email us here Visit us on social media: Instagram Legal Disclaimer: EIN Presswire provides this news content 'as is' without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
