Fallen Giants AC Milan Gamble on Stefano Pioli, Their 8th Coach in 5 Years

first_img Get the best of News18 delivered to your inbox – subscribe to News18 Daybreak. Follow News18.com on Twitter, Instagram, Facebook, Telegram, TikTok and on YouTube, and stay in the know with what’s happening in the world around you – in real time. Milan: Fallen Italian giants AC Milan on Wednesday appointed Stefano Pioli as their new coach a day after his predecessor Marco Giampaolo was sacked after just seven games in charge.The 53-year-old former Inter Milan boss arrives on a two-year deal, reported to be worth in the region of two million euros ($2.2 million) a season. Giampaolo was fired after just 111 days in the job as the former seven-time European champions slipped to 13th place in Serie A, following a run of four defeats in seven games.The appointment of Pioli, an experienced coach but one who has never won a trophy in his 16-year managerial career, was a surprise one for the 18-time Serie A champions, who won their last league title in 2011.”It’s a choice that has been weighed up,” Milan technical director Paolo Maldini told a press conference in the city.”Being the seventh round it can be seen as a gamble, but we want to be protagonists this season.”This is why we decided to change with an experienced coach. For a young team we wanted a coach with strong ideas.”Pioli managed city rivals Inter Milan in the 2016-2017 season, but has been without a team since resigning from Fiorentina last April.He has solid experience coaching top Italian clubs including Bologna, Lazio, Inter and Fiorentina, but has never won any trophies as a coach.The #PioliOut hashtag quickly trended worldwide on Twitter thanks to the angry reaction from Milan fans unhappy at his lack of trophies.”I’m preparing for this adventure with great enthusiasm,” said Pioli.”This is one of the most prestigious clubs in the world. I’m taking over a good team with serious potential and therefore think I can do a good job.”The fans have the right to criticise, but for me this is a further stimulus to make my work even better.”Pioli’s first game in charge will be against Lecce on October 20 in the San Siro.”Giampaolo is a great coach, but he has different ideas from me,” continued Pioli. “I have to get these ideas to the players as soon as possible. Our ambition is to fight for the Champions League.”EIGHTH COACH IN FIVE YEARSPioli becomes the eighth manager to sit on the Milan bench in five years, not counting caretaker coach Mauro Tassotti, who took charge for one match after Massimiliano Allegri was sacked in January 2014.Allegri was the man who led Milan to their last ‘Scudetto’ and went on to win five Serie A titles with Juventus.The club have tried everything since from Sinisa Mihajlovic, to former club icons such as Gennaro Gattuso, Clarence Seedorf and Filippo Inzaghi, and most recently Giampaolo.But nothing has managed to get a former European powerhouse back on the path to emulate past glories, with their last Champions League campaign in the 2013-2014 season.The cash-strapped outfit finished fifth last season under Gattuso but surrendered their Europa League berth this season after breaching UEFA’s financial fair play rules.Giampaolo’s run of defeats, including a 2-0 derby loss to Inter, leaves the club struggling just three points above the relegation zone.However they are also only four points away from the Champions league places and it is hoped Pioli, a former defender who won the Serie A title as a player with Juventus in 1986, can bring stability to the club that has experienced its share of backroom drama after being sold twice in the last two years.He lead Lazio to the Champions League in 2015 and was praised with how he guided a Fiorentina in turmoil after captain Davide Astori died in his sleep ahead of a match last year.Italian media mogul and former prime minister Silvio Berlusconi, who oversaw Milan’s glory years during his 31-year ownership, sold the club to Chinese businessman Li Yonghong in 2017 with US hedge fund Elliot Management assuming control in July 2018.Ex-Brazil international Leonardo stepped down as sporting director earlier this year to move to Paris Saint-Germain with former stars Maldini and Zvonimir Boban taking over. First Published: October 9, 2019, 11:47 PM ISTlast_img read more

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Can’t believe he’s said that: Joe Root on Michael Vaughan blast after England loss

first_imgJoe Root was stunned by former England captain Michael Vaughan’s assertion that his side had failed to respect Test cricket during their humiliating 340-run defeat by South Africa at Trent Bridge.Ashes-winning skipper Vaughan, now a commentator with BBC Radio’s Test Match Special, made his stinging comments as England lost seven first-innings wickets for 62 runs to be bowled out in little more than 50 overs for 205 in reply to the Proteas’ 335.Root’s 78 was the only fifty in a meagre total that left England well behind in the game.”The England batting has been appalling,” said Vaughan, who played alongside Root’s father Matt at the Sheffield Collegiate Club in Yorkshire and has been a friend of the family since Joe was a boy.”Maybe it’s a lack of respect about what the game is,” said Vaughan, one of the leading Test batsmen of his era.”They look like they are playing a Twenty20 game. They have this approach of attack, attack, attack. There is no thought or feeling of seeing off a bowler or wearing a team down.”England’s second innings was even worse, with Root’s men bowled out for just 133 in pursuit of a world-record target of 474 with more than a day to spare on Monday as South Africa levelled the four-match series at 1-1.This was England’s sixth defeat in their last eight Tests and Root, in charge for just the most recent two, was taken aback by mentor Vaughan’s comments.”I think that’s very unfair — I can’t believe he’s actually said that.advertisement”We pride ourselves on winning series like this, and unfortunately we’ve played poorly this week,” Root added.But the Yorkshireman accepted his side ought to be able to bat in different styles according to the match situation, whatever the individual preferences of particular players.”We need to make sure we learn quickly … (so that) if we are in a similar situation (in the third Test) at The Oval, for example, we play it slightly smarter,” said Root.”Part of Test cricket is trying to find a balance of both (attack and defence) — and even if it’s not your strength, you build it into your natural game,” he added.”You have periods where you can absorb a bit of pressure and find the right moment to apply it when chances come along.”We are capable of doing it and have done it previously, but this wasn’t a very good example of it.”Meanwhile the 26-year-old Root, who led England to a 211 -run series opening win at Lord’s in his first Test as skipper, said this huge loss had been a chastening experience.”I definitely feel older — it’s been a tough week,” he conceded.”South Africa responded very well from Lord’s — and especially with the bat, we didn’t assess the situation well enough in the first innings.”After that, we couldn’t find a way to get back into the game.”The star batsman added: “We’re a side that doesn’t like giving anything away, and unfortunately today that wasn’t a fair representation of how good we are as a team.”By contrast, just about everything went right for Root’s opposing captain Faf du Plessis, who did not play at Lord’s following the birth of his first child.”Pretty much from the toss through to the last ball we bowled, we were in control of the Test match,” said du Plessis.England number three batsman Gary Ballance, out for just four on Monday, was due to have an X-ray on his left index finger after being struck by a Morne Morkel short ball.last_img read more

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Casillas not writing Madrid off yet

first_imgReal Madrid Blip will make Zidane and Madrid stronger, claims Casillas Ben Spratt Last updated 2 years ago 07:23 11/8/17 FacebookTwitterRedditcopy Comments(0) Zinedine Zidane - cropped Getty Images Real Madrid UEFA Champions League Zinédine Zidane Primera División The Merengue are trailing in third in La Liga after a poor start to the season but their former keeper believes they will soon be back to their best Iker Casillas has backed Zinedine Zidane to learn from the experience of Real Madrid’s difficult start to their defence of La Liga and the Champions League this season.Los Blancos 11/2 to retain CLMadrid won both competitions last term and had been expected to dominate again after thrashing Barcelona over two legs in the Supercopa de Espana, but that has not proved to be the case. Article continues below Editors’ Picks Lyon treble & England heartbreak: The full story behind Lucy Bronze’s dramatic 2019 Liverpool v Man City is now the league’s biggest rivalry and the bitterness is growing Megan Rapinoe: Born & brilliant in the U.S.A. A Liverpool legend in the making: Behind Virgil van Dijk’s remarkable rise to world’s best player Zidane’s men are third in the league, eight points off the pace set by Barca, while they trail Tottenham in their European group and have yet to book a place in the round of 16 after defeat at Wembley.But Casillas – a former Madrid team-mate of the current coach – believes the Spanish giants will improve as the season goes on, insisting they should not be written off in either competition.”[Disappointing results] are going to make him stronger,” the Porto goalkeeper told Omnisport, after winning the Golden Foot Hublot Award in Monaco.”Everyone is waiting for a mistake from Real, but this is a team which has won two Champions Leagues in a row and no one could do that before.3-1 – Tottenham have inflicted Real Madrid their biggest defeat in all competitions under Zinedine Zidane. Alarm. pic.twitter.com/MzwFeT0BcW — OptaJose (@OptaJose) November 1, 2017 “So apparently they are not in the best shape right now in LaLiga and they have lost a game against Tottenham, but we have to wait.”There are still a lot of games to come in LaLiga. And it’s the same for the Champions League; everything is going to be decided in February.”last_img read more

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CMES, Sinotrans Dismiss Merger Talk

first_imgzoom China’s shipping majors China Merchants Energy Shipping (CMES), a subsidiary of China Merchants Group, and Sinotrans & CSC Holdings Co. Ltd denied media reports on potential merger between the two companies.The information on the merger was disclosed last week by local media citing sources familiar with the matter from the two companies and SASAC Enterprise Reform Bureau. As informed, the integration of business operations was ordered by the government on September 2nd.Both CMES and Sinotrans Air Transportation Development Co. Ltd said in separate filings to Shanghai stock exchange on Tuesday that following media reports both companies sent inquiries to their parent companies to seek clarification on the matter.However, neither China Merchants Group nor Sinotrans could confirm the merger as neither of the two received a notice ordering the merger by the relevant authorities.The announcement on the merger of yet another Chinese shipping duo came in anticipation of a merger between two other Chinese shipping majors, China Ocean Shipping Group (Cosco) and China Shipping Group, within the government efforts to consolidate state owned enterprises and curb losses stemming from overcapacity in the market.World Maritime News Stafflast_img read more

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7 Dead As DecadesOld Mumbai Building Collapses Many Feared Trapped

first_imgMUMBAI: Seven people have been killed and over 40 are feared trapped after a decades-old, four-storey building collapsed in south Mumbai’s crowded Dongri neighbourhood around 11:40 am today. Eight people have been rescued so far. Three large teams of the National Disaster Response Force (NDRF) are at the site, looking for survivors. The area, full of dilapidated buildings on narrow lanes, was also flooded in heavy rain in the past weeks. Ten ambulances and fire trucks have arrived and are parked some distance away from the building as the lanes are too narrow for them to enter. Also Read – Squadrons which participated in Balakot air strike awarded citations on IAF Day “We heard a loud noise. Everybody shouted, ‘building is falling, building is falling’. I ran. It felt like a big earthquake,” a teenager who saw the building fall told NDTV. “I saw bodies… There were some seven-eight families in the building,” another eyewitness told NDTV. In visuals of the rescue operation, NDRF personnel in their bright orange safety gear are seen trying to remove concrete blocks as they probe the openings amid the debris for signs of life. Also Read – SC declines Oil Min request to stay sharing of documents on Reliance penaltyThe authorities said this was a “level 2” incident – while level 1 is the most serious under the system that measures the severity of a building collapse. Crowds thronged about the narrow lanes – where it would be extremely difficult for heavy machines to reach – and formed a human chain to pass down with their bare hands small debris like wooden blocks and bricks towards the outer area of the neighbourhood. “The building was 100 years old. We have given permission to redevelop that area… We will know after investigation if the redevelopment initiative was delayed. Right now we are focusing on rescuing trapped people,” Maharashtra Chief Minister Devendra Fadnavis told reporters. A man who used to live at Dongri alleged the Brihanmumbai Municipal Corporation is slow on allowing people to repair their old homes in the area. “I applied for permission several times, but the BMC delayed it. All of this (building collapse) wouldn’t have happened if they had allowed us to repair our own building. We don’t want to wait for them. We will use our own funds,” said the man, looking at the rubble that was once a building he recognised well. Building safety is a major issue in Mumbai, one of the world’s most crowded cities next to Dhaka in Bangladesh, according to the World Economic Forum. In May, the civic agency BMC in the country’s financial and entertainment hub had identified 499 buildings as “dangerous”; it was 619 last year. (With inputs from NDTV.com)last_img read more

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UN should lead by example and appoint more female mediators – Liechtenstein

The European country’s Foreign Minister Aurelia Frick told the Assembly’s general debate – whose theme is the role of mediation in the settlement of disputes – that women have been “a driving force” in the Arab Spring, the political uprisings that have swept North Africa and the Middle East this year.“But as some countries are transitioning to a new era, women risk being left behind once again,” she said.“The United Nations are often involved in transitional processes. If and where it is, it must ensure a strong role of women and apply a gender perspective. Most importantly, the UN must lead by example and appoint more women as leaders in mediation and other transitional processes.”Ms. Frick said she supported the call of Secretary-General Ban Ki-moon for the UN and the broader international community to turn conflict prevention from an abstract concept to a core operating principle.“It is simply paradoxical that only a small fraction of the [UN] Secretariat’s resources are dedicated to mediation, when we are spending $7 billion a year on peacekeeping.“In many situations, the good offices provided by neutral and trusted actors, such as envoys of the Secretary-General, can make a real difference on the ground. These are highly intense, often heroic efforts, which deserve much stronger support from us Member States.”Ms. Frick also underlined that justice must be a key value of any mediation process, particularly given the current era of accountability for serious crimes and human rights abuses.“In this new age of accountability, mediators can never offer amnesty from criminal prosecution or the withdrawal of arrest warrants issued by the ICC,” she said, referring to the permanent war crimes tribunal known as the International Criminal Court. 26 September 2011The United Nations should select more women to serve as mediators in conflicts and during political transitions, Liechtenstein told the General Assembly today, calling on the entire international community to do more to promote the participation of women in conflict prevention and resolution. read more

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Power Corporation says secondquarter earnings fall to 246 million

by The Canadian Press Posted Aug 2, 2013 11:44 am MDT Power Corporation says second-quarter earnings fall to $246 million AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email WINNIPEG – Power Corporation of Canada (TSX:POW) says earnings fell to $246 million in the second quarter, partly on lower contributions from its subsidiaries.The holding company said earnings were equal to 53 cents per share, a decline from $277 million or 60 cents per share in the same period of 2012.Subsidiaries contributed $289 million to Power Corp.’s operating earnings, versus $291 million a year earlier.Corporate activities cost $16 million in the period, an increase from $9 million.Power Corporation is a diversified management and holding company that holds interests, directly or indirectly, in companies that are active in the financial services, communications and other business sectors.Its main subsidiary, Power Financial Corp. (TSX:PWF), also reported that its second-quarter net earnings increased by nearly 11 per cent to $475 million.The international management and holding company and parent of Great-West Lifeco (TSX:GWO) and IGM Financial (TSX:IGM), said Friday that’s equal to 67 cents per share, from $429 million or 61 cents per share a year earlier.Operating earnings rose to $464 million, or 65 cents per share, from $444 million or 63 cents per share.In addition to its holdings in Great-West and IGM, Power Financial also has a 50 per cent increase in Parjointco N.V., which in turn has about a 55.6 per cent equity interest in Pargesa Holding SA. read more

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New bill in Finland threatens Sami peoples right to traditional lands livelihoods

“The new draft bill presented to the Finnish Parliament earlier this month no longer contains valuable safeguards for the Sami people’s rights to traditional livelihoods, lands, territories and resources, which had been included in the previous draft approved in 2014,” warned the UN Special Rapporteur on the rights of indigenous peoples, Victoria Tauli-Corpuz.“I hope that the draft law will consider that the Sami Parliament and the Skolt Sami Village Council have had limited opportunities to take part in this process which is contrary to article 19 of the Declaration of the Rights of Indigenous Peoples, which Finland has endorsed,” she said.According to the new bill, most of the Sami Homeland will be transferred to a new State-owned company that has yet to be established, according to the UN Office of the High Commissioner for Human Rights (OHCHR). This new company will have the responsibility for all logging carried out on State-owned lands in Finland, including in the Sami Homeland region.“States should consult with indigenous peoples concerned through their representative institutions to obtain their free, prior and informed consent before adopting and implementing legislative or administrative measures that may affect them,” the expert said quoting the Declaration.Ms. Tauli-Corpuz warned that without specific provisions safeguarding the Sami people, the revised Act will significantly weaken their rights, particularly the right to enjoy their own culture and to pursue their traditional livelihoods, and will further limit any recognition of their right to lands, territories and resources which they have traditionally owned, occupied or otherwise used or acquired.The UN Special Rapporteur also stressed that “it is crucial that with the transfer of liabilities to a new company, successfully negotiated agreements with the Metsähallitus and Sami reindeer herding cooperatives, such as land which has been designated as off-limits from forestry activities including logging, be transferred.” read more

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Competition opens for new funding initiative to enhance the UKs supply chain

The Department for Business, Innovation and Skills (BIS), supported by the Technology Strategy Board (TSB) has opened the competition for its £125 million funding initiative, aimed at helping the UK’s existing supply chain grow and achieve world-class standards.Building on a successful bid to the government’s Regional Growth Fund led by a consortium of four Local Enterprise Partnerships and Birmingham City Council, the ‘Advanced Manufacturing Supply Chain Initiative’ has a much wider remit in terms of geographical and sectoral coverage.Designed to support projects that deliver economic growth and promote closer collaboration within the supply chain, the competition will accept applications from established advanced or high value manufacturing sectors, such as automotive, aerospace and chemicals or newer growth areas where the UK is well placed to take a global lead, such as renewable energy and other low carbon sectors. Funding is available for:The purchase of capital equipment.R&D activity which improves manufacturing equipment, systems or processes.Specific training and skills development to support the project.Successful bidders will be awarded funding of at least £2 million, but projects must be of sufficient size to make a significant impact on the UK’s supply chain. Domestic suppliers with projects that require funding below the threshold should consider entering a consortium with others who are also seeking support.Beneficiaries must be located in England, although discussions are taking place, seeking to extend the fund to companies based elsewhere within the UK.Click through for more information about the fund and the criteria for applications.In line with SMMT’s commitment to grow and strengthen the UK’s supply base, the Society has commissioned a report in collaboration with the Smith Institute, to understand how the finance sector can better support the industry. The report will provide the financial sector with a better understanding of how UK automotive operates, delivering a set of recommendations that will enable financial institutions to support automotive companies more effectively.We would like to ask for your support with this work by completing our short online survey, which should take no longer than 15 minutes.Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window) read more

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Conman to spend 9 years behind bars over several counts of

Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)RelatedEloquent conman convicted of rape gets 30 years in jailOctober 18, 2018In “Court”Diamond man previously slapped with 8 fraud charges, charged againJune 5, 2018In “Court”Guyana Gold Board employees slapped with fraud chargesAugust 6, 2018In “Court” A conman, who was recently released from prison, and who clearly did not learn his lesson, will have the next nine years to rethink his approach after Magistrate Judy Lathcman sent him to jail on several fraud charges.Troy Webster, 37, initially pleaded guilty with explanations to the six charges read to him but later confessed.The charges against him allege that between August 17 and 21, 2017, at Georgetown and with intent to defraud, he obtained from Lisa Prince, Tamara Summerset, Marissa Williams, Kenisha Boyce, Nekeisha Haynes and Anesia Jones G$7000 each, pretending to be in a position to offer them a job.When asked to provide his explanation to the court, Webster remained tight-lipped thus forcing Magistrate Latchman to have the matter stood down.When recalled, Police Prosecutor Shawn Gonsalves revealed that defendant would pose as a businessman seeking females to work either in the Parika, East Bank Essequibo (EBE) area or on the East Coast of Demerara (ECD).He would request a sum of G$7000 along with a copy of their identification card but will however; vanish after informing them that he would make contact with them to commence work.The matter was however reported to the Brickdam Police Station and the defendant was apprehended, arrested and charged with the offences.However, what prompted the harsh sentence is the fact that Webster was previously before Chief Magistrate Ann McLennan and jailed for the same offence.Magistrate Latchman sentenced him to 18 months in prison for the six charges, which will run consecutively.In handing down the sentence, Latchman told the accused “it is obvious that you did not learn your lesson”. read more

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Evolution Mining and Norrliden Mining formed AgnicoEagle Mines acquiring Grayd Resource Petra

first_imgInternational Mining’s fortnightly global project watch is a great way of keeping up to date with your peers – other mining companies, other consultants or other engineering companies. If you are a supplier – it is full of potential sales leads. Highlights of today’s issue – the usual important and comprehensive fortnightly report on global projects, with some 60 pages of updates – include Teck and Rio Tinto expansions. There is also news of Perkoa in Burkina Faso, Hambledon Mining in Kazakhstan, new in-situ gold recovery process – read onNorthgate Minerals has a new, NI 43-101 compliant resource estimate for the YD West zone at Young-Davidson in northern Ontario. YD West is the most recent gold zone discovery located just west of the currently known 2.8 Moz reserve.  The Young-Davidson mine is scheduled to commence production in early 2012.GVK Group will be coming on board with Hancock Coal as partners to assist with the development of both the Alpha Coal and Kevin’s Corner projects which are leading the development of the Galilee Basin in Central West Queensland.Perseus Mining has made good progress towards the development of the Sissingue gold deposit on its Tengrela Gold Project in northern Côte d’Ivoire. Monadelphous Group has secured a major construction contract at the Hope Downs 4 Iron Ore Project for Rio Tinto and Hancock Prospecting.Yukon-Nevada Gold has approved the start of mining at Starvation Canyon located in the southern end of its wholly-owned gold production Jerritt Canyon property in Nevada, USA. It is anticipated that the daily production at Starvation Canyon will be 300 t/d initially, ramping up to 600 t/d during the first six months of production.Ausenco has been awarded a Create phase (EPCM) contract to deliver the development plan for the potential re-start of Teck Resources’ Quintette coal mine in northern British Columbia.Blackthorn Resources has received an investment proposal from JV partner Glencore International (50.1%) to enhance the business case for the Perkoa project in Burkina Faso. The changes in the investment proposal include modifying the process plant configuration to include separate Ag/Pb concentrate and Zn concentrate product streams.Hambledon Mining, the Kazakhstan gold mining and development company has entered into an agreement for the purchase of 100% of Akmola Gold, subject to certain government waivers and consents.  The vendors are Central Asian Gold and Yerkin Sadykov, who each have a beneficial interest of 50% in Akmola Gold.Crocodile Gold has extracted the first underground ore from the Cosmo underground mine on schedule and on budget.Selwyn Resources has announced a new, upgraded mineral resource estimate for the Selwyn lead/zinc project in the Yukon that has been completed to NI 43-101 standards.Resource Generation has completed detailed mining fleet and engineering designs for its planned Boikarabelo mine in the Waterberg region of South Africa, where there are probable reserves of 744.8 Mt of coal on 35% of the tenements controlled by the company. These designs will enable the company to fast track construction once funding is secured.Victory Nickel’s Board of Directors has approved the development of the 100%-owned Minago sulphide nickel mine located on the Thomson Nickel Belt in central Manitoba.Alcyone Resources is on track to ramp-up silver production at its 100%-owned Texas Silver & Polymetallic Project in southeast Queensland to a targeted annualised  rate of 1.5 – 2.0 Moz/y following excellent progress in the first four weeks of wet commissioning of the upgraded Twin Hills processing facility.Silver Lake Resources has commenced ore production at the Wombola Dam open pit part of its Mount Monger Operations. Silver Lake is targeting to increase production from the Mount Monger Operations to 200,000 oz/y by 2014 via mining from multiple underground and open pit ore sources.Kazzinc has successfully commissioned the copper smelter at its New Metallurgy project, which significantly increases production of finished metals and further improves Kazzinc’s environmental performance through the development and integration of copper, zinc, lead and acid plants. The new metallurgical complex enables Kazzinc to maximise the recovery of individual metals like copper, zinc, lead, gold and silver.Kimberley Metals has released a production update of the Mineral Hill Mine, located 65 km north of Condobolin in central-western New South Wales. Processing of copper ore through the refurbished process plant at Mineral Hill commenced in mid-July.MDM Engineering has been awarded the Gold Fields Ghana contract for its Tarkwa project in Ghana, which will include the provision of services for the CIL Crushing Plant Expansion Project.Sierra Rutile has received an initial report from the consortium of consultants headed by the Snowden Group, and including CPG Resources – Mineral Technologies and Titan Salvage detailing the key initial findings of the strategic review announced on 11 May 2011. The consultants’ study focused on the expansion of SRL to an annualised rutile production rate of 200,000 t/y, and a pro-rata increase in ilmenite production.Rio Tinto has increased its copper mineral resources by 20 Mt to 106 Mt at its wholly-owned Kennecott Utah Copper Bingham Canyon mine.The 40-year old mill at Highland Valley Copper will be modernised and will extend the life of the mill to match the expected mine life. The project is also expected to increase mill throughput by approximately 10% and copper recoveries by about 2%. Construction will begin immediately, and the project is expected to be completed by the end of 2013.Full details on all these projects and information on and contacts for many, many more are to be found in the September 23 issue of International Mining Project News….To receive the full report, subscriptions to this service can be registered and paid for on-line (SUBSCRIBE TO IM PROJECT NEWS BUTTTON), or contact emma@im-mining.com for a free trial copy.last_img read more

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Stornoway achieves commercial diamond production at Renard

first_imgStornoway Diamond Corp has achieved commercial production at Renard, Québec’s first diamond mine. Commercial production at Renard is defined as an average processing rate of 60% of plant name-plate capacity over a 30 day period. This was achieved on December 3, 2016, with an average processing rate of 4,120 t/d over the preceding 30 day period compared to a name-plate capacity of 6,000 t/d. Pursuant to the terms of Stornoway’s financing agreements, Stornoway formally declared commercial production on the first day of the month following the month in which it is achieved, which was January 1, 2017. The company expects to continue the ramp-up of the process plant to full production over the next two quarters.Matt Manson, President and CEO of Stornoway: “I would like to take this opportunity to thank the entire Renard team on achieving this important milestone well within schedule and budget, and with quality workmanship from the beginning. The attainment of commercial production marks the end of the project’s capital expense period, and our final capital costs are forecast to be comfortably within the reduced C$775 million estimate set out in February 2016. Our production ramp-up continues, with three diamond sales scheduled for the first quarter of 2017.”The Renard mine is located approximately 250 km north of the Cree community of Mistissini and 350 km north of Chibougamau in the James Bay region of north-central Québec. On July 8, 2014, Stornoway announced the completion of a $946 million project financing transaction to fully fund the project to production, and construction commenced on July 10, 2014. Processing of ore commenced on July 15, 2016.In March 2016, Stornoway released the results of an Updated Mine Plan and Mineral Reserve Estimate in March 2016. The study highlighted the potential of the project to become a significant producer of high value rough diamonds over an initial 14 year mine life. Probable Mineral Reserves (NI 43-101), stand at 22.3 Mct. In accordance with the corporation’s September 2015 Mineral Resource estimate, total Indicated Mineral Resources, inclusive of the Mineral Reserve, stand at 30.2 Mct, with a further 13.35 Mct classified as Inferred Mineral Resources, and 33.0 to 71.1 Mct classified as non-resource exploration upside. Average annual diamond production is forecast at 1.8 Mct/y over the first 10 years of mining, at an average valuation of $155/ct based on March 2016 terms.last_img read more

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The Weatherman There are pointers to warm and sunny weather

first_imgEARLIER TODAY, OUR friends over at DailyEdge.ie reminded us about seven awful things about the bloody rain (including the squelch of street juice).But, the good lads and ladies in the Met Éireann offices have come up with some good news to help ease the pain of leaving the house without a raincoat.There is nicer weather signalled for later in the week with “pointers to warm and sunny weather for early next week too”.Tomorrow will provide some respite from the wind and rain with ” a lot of dry weather”. Although Thursday will bring some wet and windy conditions in the morning, things will improve throughout the day and by Friday, we can all expect sunny spells with just some isolated showers. The wind will also have died away.By the weekend, temperatures are likely to improve above 17 degrees Celsius.And Sunday will be the better of the two days, with some areas looking to enjoy temperatures in the low 20s.Yay! Break out those BBQs and flip-flops again.Today: 7 things you’d forgotten about the bloody rainlast_img read more

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Damien Kiberd Budget 2014 arithmetic not just iffy its scary

first_imgIRISH BUSINESS NEEDS a big lift, Irish consumers need to get their mojo back and start spending.This is why Michael Noonan and Brendan Howlin have spent the last two weeks searching for coins down the back of the fiscal sofa to help pay for their “pro-jobs and pro-business” budget.Hopefully Noonan’s 25-point plan to kickstart growth will deliver. But the arithmetic underpinning Budget 2014 is not just iffy in some places, it’s downright scary.Somebody who’s never watched The Omen told Dr James Reilly to cough up cuts of €666m at Health. He just about got over the line on Budget Day, but the government still cannot say what the Health shortfall for 2013 (yes, this year) will be, never mind 2014. His department accepts that a supplementary budget cannot be ruled out.Reilly is planning a “general review” of medical cardholders which will yield €113m in savings next year. Some of them apparently lack probity according to the same officials who gave them the cards.Where did this extraordinarily precise number come from?Was it from the same source who told the Minister he’d get an extra €50m  from that hoary old chestnut of “generic medicines”? And has Reilly actually costed the free GP care for the under-sixes ahead of opening talks with the IMO?Reilly must recall the time he and his fellow doctors at the IMO turned the screw when Fianna Fail jumped its fences too quickly by promising  medical cards for the over-70s. It was a fiscal and PR debacle for the government of the day.Elsewhere, the mathematics of imaginary numbers prevails. Howlin says he’ll get €500m next year from savings on public service pay. That’s another nice round number from a man who yet again claimed credit for “cutting the public pay bill by 17%”. Over half of these cuts were imposed by fiat under the late finance minister Brian Lenihan.Noonan says the economy will grow in volume terms in 2014 by 2%. Maybe, maybe not. Presumably the Troika has approved this number.  The actual outcome could be better…..but it could also be a whole lot worse.We just don’t know.The sale of the new Lotto licence is being tapped for €200m to pay for road building, for new local authority house construction and for insulation of the existing public housing stock.Elsewhere, homeowners using registered builders to pay for home improvements costing €5k to €30k gross will get a 13.5% tax credit, the cost of which is conveniently spread over two years. This will combat the black economy in a labour intensive area, unlike the savage excise increases on drink and cigarettes which – when the VAT is added on – will make smuggling and cross border shopping even more logical pastimes.Noonan is also applying the sledgehammer in the area of DIRT tax where the rate rises by 8%. The banks had refused earlier suggestions that they collect 4% PRSI on top of the old DIRT tax of 33%, insisting they weren’t a revenue collection agency for Joan Burton’s Social Protection department.The banks got their way as usual, but in a fit of pique the Department of Finance has simply doubled the intended tax hike and charged it anyway. This will net an extra €150m per annum as a consequence. To add insult to injury, the issue of whether employees will be asked to pay PRSI on deposit interest will have to be clarified by January next.Questions abound.Noonan owns not a few of the banks and by damaging them may simply be damaging himself.  He has been desperately forcing them to build their reliance on deposits as opposed to bond finance as a source of funding. But higher DIRT tax makes saving even less attractive for long term savers and ultimately  will shrink deposits, especially when rates rise again.Noonan has also upped the ante in his dealings with pension fund managers. His previous levy of 0.6% went down like a rat sandwich and is to be phased out in 2015. But needs must, and the cash strapped minister has raised the rate for 2014 to 0.75%. For good measure he’s also hammered top slice relief on lump sums disbursed by pension schemes on an ex gratia basis.But nobody escapes  the long arm of Merrion Street. It’s not just fat cat pensioners with gold-plated pensions who are going to suffer.Consider the plight of an old-age pensioner living in the remote recesses of Enda Kenny’s County Mayo.The local Fine Gael TD may have to inform the elderly OAP that their medical card has been revoked because they have displayed a lack of “probity”. But if he or she gets seriously sick then ringing for an ambulance may not be an option either. The telephone allowance for the elderly has been scrapped by Joan Burton to save €44m. This also knocks out the OAP’s personal alarm system.Even death may not offer a way out.The bereavement grant – up to now a miserable €850 – has been killed off to save a pitiful sum.It seems a strange thing to do in an economy where the debt/GDP ratio has just hit 124% leaving us up there with the Greeks in the European debt league.Noonan says that this will be the “peak” level. The ratio will fall to 120% in 2014 and will reach 114% by the year 2016. Which is good news for us and even better news for our “gallant allies in Europe” who apparently still view us as fiscal poster boys.Damien Kiberd: Austerity economics have us locked in Permaslump>last_img read more

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Pathfinder Papandreou back in town

first_imgAt the heart of Tim Papandreou’s vision as an urban transport planner is the belief that dogmas, such as ‘car versus bike’ need to be consigned to the blind alley where they belong, and that only a fully integrated transport system allows a city to truly flourish. “It’s all about the transport menu being offered,” says Tim, who is currently Deputy Director Sustainable Streets-Planning Division in San Francisco and responsible for managing the city’s surface modes of transportation. “You make taxis work better, car-sharing work better, and make a city more bikeable. It’s about giving people real choices.” As a child, Tim used to ride his bike around the Melbourne suburb of Surrey Hills. Last week he was back in town to give a keynote presentation at Bike Futures 2011 – the annual conference in Melbourne that explores the transforming potential of urban bicycling infrastructure. As a keynote speaker at Bike Futures, Tim was asked to present the pioneering holistic approach being taken by San Francisco to its transport systems. Tim says his passion for designing transport solutions comes directly from his Melburnian background. “I used to ride my bike everywhere, in the days when bike-riding wasn’t cool,” says Tim, who believes Melbourne’s urban evolution talks volumes about what a city can become. Tim traces his own family’s path back to the Pelopponese. Is there a family connection to the current Greek Prime Minister, I have to ask. “My parents say there is,” says Tim, “though they usually mention this only when the PM’s popular!” “Growing up in Melbourne, you’re kind of spoilt and I wanted to pass on those skills that I learned here to other cities where it would make a difference. Melbourne’s always been my role model. I’ve travelled to over 250 cities and Melbourne’s still in my top five, along with Los Angeles, Paris, Tokyo, and New York.” Tim’s excited about the latest developments being proposed for the city he grew up in, but there’s still much that can and needs to be done says Tim: “They need more striping on the street for bike lanes. When you have painted infrastructure on the ground it makes a big difference. The best thing to do is to slow everything down. Where you can’t physically put in a space for bikes, then you have to slow down the street completely.” Facebook Twitter: @NeosKosmos Instagramlast_img read more

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Chine le Shenzhou VIII réussit son deuxième arrimage

first_imgChine : le Shenzhou VIII réussit son deuxième arrimageLundi, le vaisseau chinois Shenzhou a réussi à se séparer du module Tiangong-1, avant de se ré-arrimer 30 minutes plus tard. Les deux engins spatiaux s’étaient amarrés pour la première fois le 2 novembre dernier. C’est un nouveau succès pour le programme spatial chinois, un second succès depuis le lancement du vaisseau Shenzhou VIII le 1er novembre dernier. Lundi, l’engin a réussi à compléter sa seconde mission : se séparer du module Tiangong-1 auquel il était attaché depuis le 2 novembre puis s’unir à nouveau à lui 30 minutes plus tard. À lire aussiUn rover détecte un étrange gel sur la face cachée de la Lune La manœuvre très attendue a été diffusée en direct par la chaîne chinoise CCTV-13 et a confirmé les compétences de la Chine en la matière. Elle est ainsi aujourd’hui devenue la troisième puissance spatiale après la Russie et les Etats-Unis à réaliser un amarrage automatique en orbite, précise Ria Novosti. Une bonne nouvelle pour les ambitions de future station spatiale de la Chine. En effet, lancé le 29 septembre, le module Tiangong-1 est justement un prototype de cette future station qui sera mise en orbite vers 2016 et pourrait devenir habitée en 2020. Le vaisseau Shenzhou VIII doit revenir sur Terre le 17 novembre mais deux autres engins spatiaux (Shenzhou IX et Shenzhou X) dont au moins un vaisseau habité seront lancés vers le module Tiangong-1 en 2012. Le 14 novembre 2011 à 20:19 • Maxime Lambertlast_img read more

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AT&T Developing 5G Robots To Work in Retail Stores

first_imgStay on target AT&T and Badger Technologies are working on autonomous robots with 5G wireless networking capabilities.Designed for retail use, the androids would identify out-of-stock, mispriced, or misplaced products, as well as potential hazards.Fifth-generation cellular network technology, known as 5G, provides faster speeds, more capacity, and lower latency.AdChoices广告All four major U.S. carriers have now launched the millimeter-wave tech.AT&T’s network is currently available in 20 cities: Charlotte and Raleigh, N.C.; Austin, Dallas, Houston, San Antonio, and Waco, Texas; Jacksonville and Orlando, Fla.; Louisville, Ky.; Atlanta, Ga.; Indianapolis, Ind.; New Orleans, La.; Oklahoma City, Okla.; Los, Angeles, San Francisco, San Jose, and San Diego, Calif.; Nashville, Tenn.; and Las Vegas, Nev.There is no telling where the new autonomous robots will make their debut.But while the advanced mobile data collection systems can fill major gaps in the collection and sharing of in-store information, they also put a strain on traditional Wi-Fi.Enter 5G.“5G is an important next step to helping ensure shared visibility across critical inventory, POS, and operational systems,” Badger Technologies CEO Tim Rowland said in a statement.AT&T’s network promises a more private connection, giving users more control over what data travels beyond the walls of their store and what data stays onsite.“These technologies will eventually equip robots with both the compute power and lower latency needed to increase revenue, improve the in-store experience, and elevate employees to better assist customers,” according to Mo Katibeh, chief marketing officer of AT&T Business.“Badger Technologies’ robots can help retailers make sure they have products in stock and in the right place, increasing customer satisfaction,” he continued. “That leads to increased revenue. That’s the power of data.”Stay up to date on all things 5G over on Geek.com sister site PCMag.More on Geek.com:World’s First 5G-Powered Remote Brain Surgery Performed in ChinaNothin’ But Net For Toyota’s Guinness Record-Winning Basketball BotThis Robot Fish Is Powered by ‘Blood’ World’s First 5G-Powered Remote Brain Surgery Performed in ChinaWhich Mobile Carrier Will Win The Race To 5G? last_img read more

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FORMER GAMTEL/GAMCEL HUMAN RESOURCE MANAGER IN DETENTION FOR 716 DAYS

first_imgBy Mustapha Jallow Mr. Seedy Jaiteh, a former Human Resource Director at Gamtel/Gamcel, is still languishing in detention at the Mile Two prison for 717 days as of today without charge, court appearance or access to his wives and other family members, according to a close source.The source revealed that the former GAMTEL/GAMCEL Human Resource Director was first arrested in November 2010 and detained at the National Intelligence Agency (NIA) headquarters in Banjul before he was arraigned at the high court and later convicted on 20 October 2012. He was said to be released in February 2014 after serving a jail term in Mile Two prison. Mr. Jaiteh was again arrested at his home in Manjai Kunda on 27 August, 2014, in the late hours of the night and taken to the NIA headquarters in Banjul where he was detained until 3 September, 2014 when he was transferred to Mile Two. His families, especially his young children, are very much worried about his long and continuous detention and without access to him and are therefore renewing their appeal for the state to release their loved one. Mr. Jaiteh’s detention without trial or release is in violation of Section 19 Subsection (3) (b) of the constitution of the second republic which states that “Any person who is arrested or detained… who is not released, shall be brought without undue delay before a court and, in any event, within seventy-two hours”.last_img read more

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Coentrao asked to be omitted from Portugal squad

first_imgFabio Coentrao asked to be omitted from the Portugal squad for this summer’s World Cup after an unexpected injury problemThe Real Madrid loanee, who currently plays for Sporting Lisbon, has made himself unavailable for selection after enduring a chaotic season back in his homeland.The 30-year-old penned a heartfelt statement on his Facebook account insisting that he will never abandon his country and hopes to represent Portugal again at international level – just not this summer.“Last week, after a lot of consideration, I told the National Team that after a very tiring season, I feel I am not in the condition to represent the Seleção at the World Cup,” wrote Coentrao, as reported on The Sun.Cristiano Ronaldo, PortugalAli Daei wouldn’t be upset if Ronaldo breaks his scoring record Andrew Smyth – September 13, 2019 Iranian legend Ali Daei wouldn’t be upset to lose his record as international football’s all-time record scorer to the “great” Cristiano Ronaldo.“I will never turn my back on my country, and hope to be able to represent our national team more often in the future. Until then I am and I will always be one to cheer on from the outside, see you soon.“Good luck guys.”The defender has made over 50 appearances for Portugal, although he was also absent from their triumphant Euro 2016 campaign two years ago in France.last_img read more

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2019 Honda Passport priced just above the competition at 33035

first_img Tags 2019 Honda Passport: A name from the past returns for Honda’s new SUV Post a comment 64 Photos Honda 0 2020 Kia Telluride review: Kia’s new SUV has big style and bigger value The Honda Passport may have one fewer row than the Pilot, but that doesn’t mean it’s going to be cheaper. In fact, it’s a little more expensive than both the Pilot and the starting prices of its competitors.The 2019 Honda Passport will start at $33,035 (including destination) for the base Sport trim with front-wheel drive. Standard equipment on this model includes Honda Sensing, the automaker’s suite of active and passive safety systems, in addition to LED headlights, keyless entry and three-zone automatic climate control. Adding all-wheel drive to this or any trim costs $1,900 more, except for the Elite trim, where it’s standard.This puts the Passport’s price just a little above its primary competitors. The 2019 Chevy Blazer, for example, comes in at $29,995 including destination. The Ford Edge comes in underneath the Passport at $31,990, and the Nissan Murano also squeaks in at $32,315. At the extreme ends of the spectrum, the new Hyundai Santa Fe (née Santa Fe Sport) comes in at an affordable $26,480, while the Toyota 4Runner is more expensive than the Passport at $36,205.Enlarge ImageRugged good looks don’t come cheap, fam. Honda The Passport’s $37,455 EX-L trim adds kit like leather seats, a power moonroof, power heated front seats and an infotainment system with Apple CarPlay and Android Auto. The Touring trim, which rings in at $40,325, gets even fancier with navigation, a 4G LTE Wi-Fi hotspot, parking sensors, heated rear seats and ambient lighting. At the tippy top of the Passport’s range is the $44,725 Elite. All-wheel drive is standard here, and the trim also includes ventilated front seats, auto-dimming side mirrors, a heated steering wheel, rain-sensing wipers and a wireless device charger. It’s still on the expensive side in the segment, but it closes the gap against cars like the $43,450 Ford Edge ST, $45,130 Nissan Murano Platinum and $43,895 Chevy Blazer Premier. The 4Runner’s TRD Pro trim is still the price king at $47,710, though.The 2019 Honda Passport goes on sale in early February. Be sure to head over and check out our first drive review to see why we call it “one of the strongest, most well-rounded entries in a growing segment.” Share your voice SUVs 4G LTE Chevrolet Ford Honda Nissan Toyota 2020 BMW M340i review: A dash of M makes everything better 2020 Hyundai Palisade review: Posh enough to make Genesis jealous Honda: Get all the Honda news you can handle.Honda Pilot: Looking for something bigger? Look no further. More From Roadshowlast_img read more

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