RCMP continue to investigate after man was swept away in the Peace

first_imgSaunderson adds that Search and Rescue have been suspended for now, pending any new developments on the case.On Wednesday, May 29, 2019, the Hudson’s Hope RCMP were called to a location near the Peace Canyon Bridge after reports that a male had fallen into the river. Local emergency crews immediately started the search with help from North Peace Search and Rescue.The RCMP will not be releasing the identity of the man.If you have any information, you are being asked to contact the Hudson’s Hope RCMP at 250-783-5241. HUDSON’S HOPE, B.C. – RCMP are continuing to investigate the case of a missing man after he was swept away by the strong current of the Peace River.According to Corporal Madonna Saunderson, of the North District RCMP, a dive team was brought in to search for the missing man but was halted due to poor conditions.“The Dive Team was brought in, however, conditions were not in their favour to dive, so they did not, could not dive.”last_img read more

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Brussels Film Festival Nominates Moroccan Burnout Movie for Best Feature

By Mohamed BellaRabat- “Burnout” is the third and final movie in the trilogy that began with “Casanegra” and “Zero.”  The three films fared well at the Moroccan box office. The movie will be competing at the FIFB’s fourth festival November 18-23.The movie depicts the stories of three individuals  living in separate worlds, all affected by social and economic status. Ayoub, 13, works as a shoeshiner to buy his mother a prosthetic foot. A young medical student, Aida, who works as a call girl, but eventually decides to stand up to her privileged customer. Jad is a wealthy man that loves fast cars but has an unhappy life with his wife. Read Also: Pageant Twins to Arrive in Morocco on Charity Mission“I want to say to Moroccans that we live in the same country but we don’t see each other. There are such strong social barriers between the rich and poor, the rich ignore the poor and the poor hate the rich.… But if you can get the different communities to talk together they suddenly feel that they’re all living in the same country. My film is ultimately about redemption,” Lakhmari told Variety.“Morocco is a beautiful country for tourists. We have a king who loves art and cinema. Moroccan people are hungry for art and culture. But for our government, culture and art is secondary. You have to invest in art and culture. Politicians are not following society and we are handicapped by that. But as filmmakers we are a strong force and we will make sure that our voices are heard,” he added.The  fourth FIFB’s seven-member international jury includes Moroccan actor Younes Megri, producer Rie Rasmussen, writer Lou Gala, actress Maya Coline, actress Marijke Pinoy, actress Anne Serra, and director Johanna Bros. read more

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Landmark disability pact provides road map to improve lives of millions –

UN High Commissioner for Human Rights Navi Pillay stressed that universal ratification and effective implementation of the Convention on the Rights of Persons with Disabilities will help achieve this goal, as she addressed the Human Rights Council’s annual interactive debate on the issue. The Convention, which entered into force last May, is the culmination of years of global efforts to ensure that the rights of the world’s estimated 650 million persons with disabilities are guaranteed and protected. It asserts the rights to education, health, work, adequate living conditions, freedom of movement, freedom from exploitation and equal recognition before the law for persons with disabilities. The treaty also addresses the need for persons with disabilities to have access to public transport, buildings and other facilities and recognizes their capacity to make decisions for themselves. In addition, the Convention’s Optional Protocol allows individuals to petition an international expert body with grievances.Ms. Pillay highlighted the major shift in thinking about disability brought about by the treaty. The Convention “requires us to move away from charity-based or medical-based approaches to disability to a new perspective stemming from and firmly grounded in human rights.“These traditional approaches and attitudes, no matter how well intentioned they might have been, regarded persons with disabilities either as passive recipients of good will or deeds, or as problems to be fixed, or both,” she stated. In addition, the Convention recognizes that persons with any kind of disability enjoy legal capacity on an equal basis with others. “The depth and implications of the paradigm shift of the Convention require nothing less than a thorough and dispassionate reflection on what is needed to give full effect at the national level to this new international human rights instrument,” stated Ms. Pillay. She noted that with the entry into force of the Convention, a major legal protection gap had been filled, adding that the implementing bodies established by the treaty were now in the initial phases of their institutional development. 6 March 2009People with disabilities suffer some of the worst violations of their human rights, but a groundbreaking United Nations treaty that entered into force last year provides a road map to improve this situation, the world body’s top rights official said today. read more

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B2B Trust converts to chartered bank

MONTREAL — B2B Trust, a wholly-owned subsidiary of Laurentian Bank, announced Monday that it is converting into a schedule I federally chartered bank.The company, which will operate under the name of B2B Bank, said the change is effective immediately.“Over the past few years, B2B Trust’s activities have progressively evolved and now focus on the distribution of banking products and services via . . . (a) network of Canadian financial advisers,” B2B said in a news release.“B2B Trust has evolved considerably since its creation,” said Francois Desjardins, president and CEO of B2B Bank. “And today, our offering of banking products such as loans and deposits represents a large part of our portfolio.”B2B Bank, with headquarters in Toronto, provides some 23,000 financial advisers with banking products and services for distribution to their clients across Canada. It also is a third-party supplier of investment and RRSP loans, a supplier of deposit products and a provider of self-directed accounts, banking services and mortgage loans.The Canadian Press read more

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Cop who ran after suspect missing

However on seeing the policemen the suspect ran away and a policeman then gave chase.The police media unit said that by day break both the policeman and the suspect were still missing and a search operation had been launched. (Colombo Gazette) A policeman who gave chase to arrest a suspect in Habarana today has been reported missing together with the suspect.The police media unit said that a police team had gone early this morning to arrest a man who has a warrant against his name.

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STEVENS Unified South KoreaNorth Korea womens hockey team will help the game

Julie Stevens, Associate Professor of Sport Management and Director of the Centre for Sport Capacity, wrote a piece in The Conversation about the approval of the International Olympic Committee to allow a unified South Korea-North Korea women’s hockey team for the upcoming Games in PyeongChang.Stevens writes:Based upon these two perspectives, and research I have conducted over many years, I believe the decision will help the game.That’s because it offers an opportunity to build a sense of community that has always been central to female hockey.I explored this theme in an article on community in Canadian women’s hockey in which I noted that as women’s hockey evolved from grassroots to international levels, it experienced a shift from collectivism and collegiality towards individuality and elitism.I argued such change was detrimental to the female game. But the combined Korean team may provide the context for a return to collective thinking as a key part to building female hockey.The IOC decision also offers an opportunity to build legitimacy for the female game.Continue reading the full article on The Conversation here. read more

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Restoration companies poised to help Fort McMurray fix fire damage

Restoration companies poised to help Fort McMurray fix fire damage CALGARY – Construction workers and cleanup companies are trickling into Fort McMurray along with its first returning residents as a rebuilding process begins in the northern Alberta community devastated by out-of-control wildfires.Ben Dutton, president and CEO of the Casman Group of companies, said about half of the 200 workers employed by his Fort McMurray-based general construction firm are already back in town and working on restoring heating-ventilation and other systems for commercial and industrial customers.The cleanup and rebuilding will create jobs beyond the 200 workers on staff before last month’s fires forced most to flee the region, but the number of new hires isn’t known yet.Dutton estimates it will take at least two years to rebuild the Fort McMurray homes and businesses destroyed by the fire.“We already had jobs for the 200 folks anyway before the fire so it will add (to that),” he said.“All the projects we had will resume. By July, I would say, those projects will be back underway. A lot of them will probably get back underway this month, of course.”Residents were allowed to begin re-entering certain undamaged Fort McMurray neighbourhoods on Wednesday, but Dutton said many of Casman’s employees were permitted into town earlier if their homes were intact and if they had jobs to do.He said rebuilding for private homes will likely be delayed for days or weeks, in part because the municipality isn’t issuing building permits yet. Casman also takes on industrial, commercial, mechanical and electrical building projects.Meanwhile in Boyle, 285 kilometres to the south, president Mike Feldstein of Toronto-based Rapid Group Inc. said he’s assembled a crew of about 40 people that will enter the city over the next few days to help people who have registered online clean and restore their homes.He said about 80 per cent of the people he’s hired so far are from the region, and as many as 30 per cent have experience with fire cleanups or handling the potentially toxic waste left by the fire. The company has eight permanent staff on hand to supervise.“We really wanted to help people there because a lot of their current employment is burned down or closed or inoperable, so it’s good to help people who are out of work. And they’re rebuilding their community,” he said.A truck filled with 100 fan-powered filtration units was driven from Toronto to Boyle to be used to clean particulates from the air inside Fort McMurray homes, Feldstein said. His company is also offering to clean up soot and smoke, eliminate odors and repair water damage.Hiring locally is vital, said Scott Long, executive director of operations for the Alberta Emergency Management Agency.“The re-entry piece and the recovery aspects of Fort McMurray are all being driven through the regional authorities supported by the government. They have committed to hiring and contracting locally,” he told a news conference Thursday.“There is right now no private companies doing any restorations, if you will, because we’re still at the early stages of re-entry. People are going back, working with their insurance providers and I’m sure that work will occur in the days, weeks, months ahead.”Job fairs in Edmonton and Calgary sponsored by Spirit Staffing and Consulting attracted hundreds of applicants last month, some of whom are now on their way or already working in Fort McMurray, said operations manager Jenny Larocque of Calgary.She said the company isn’t taking any more applications after gathering about 1,500 names, adding workers are being referred for jobs with a preference given to those from Fort McMurray. She wouldn’t name the restoration companies her firm is working with.———Follow @HealingSlowly on Twitter Workers set up fences around a devastated area of Timberlea in Fort McMurray Alta, on Thursday, June 2, 2016. THE CANADIAN PRESS/Jason Franson by Dan Healing, The Canadian Press Posted Jun 3, 2016 2:00 am MDT Last Updated Jun 3, 2016 at 7:40 am MDT AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email read more

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A Computer Just Clobbered Four Pros At Poker

Tuomas Sandholm, a Carnegie Mellon computer scientist who created the program with his Ph.D. student Noam Brown, was giddy last week on the match’s livestream, at one point cheering for his bot as it turned over a full house versus human pro Jason Les’s flush in a huge pot, and proudly comparing Libratus’s triumph to Deep Blue’s monumental win over Garry Kasparov in chess.And, indeed, some robot can now etch heads-up no-limit Texas Hold ’em (2017) — alongside checkers (1995), chess (1997), Othello (1997), Scrabble (c. 2006), limit Hold ’em (2008), Jeopardy! (2011) and Go (2016) — into the marble cenotaph of human-dominated intellectual pursuits.Brown told me that he was keen to tackle other versions of poker with his A.I. algorithms. What happens when a bot like this sits down at a table with many other players, rather than a single foe, for example? Sandholm, on the other hand, is quick to say that this isn’t really about poker at all. “The AI’s algorithms are not for poker: they are game independent,” his daily email updates read. The other “games” the algorithms may be applied to in the future: “negotiation, cybersecurity, military setting, auctions, finance, strategic pricing, as well as steering evolution and biological adaptation.”Another of the human pros, Jimmy Chou, had had just about enough of Libratus. About three weeks ago, I was in a Pittsburgh casino for the beginning of a 20-day man-versus-machine poker battle. Four top human pros were beginning to take on a state-of-the-art artificial intelligence program running on a brand-new supercomputer in a game called heads-up no-limit Texas Hold ’em. The humans’ spirits were high as they played during the day and dissected the bot’s strategy over short ribs and glasses of wine late into the evening.On Monday evening, however, the match ended and the human pros were in the hole about $1.8 million. For some context, the players (four men and the machine, called Libratus) began each of the 120,000 hands with $20,000 in play money, posting blinds of $50 and $100. Here’s how the days progressed: Received my biggest beating of the challenge just now -180k, gg Libby. Going to miss you buddy. #brainsvsai #beatdown #humanity— Jimmy chou (@Chouchoupoker) January 30, 2017Last week, between especially frustrating hands and with the match quickly slipping away, Les jokingly suspected that the poker match was “being co-opted by the Carnegie Mellon psych department. ‘What can we put a human through?’”Read more: “The Machines Are Coming For Poker” Share on Facebook read more

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British pilot and two UK nationals arrested in Calais on suspicion of

first_img Want the best of The Telegraph direct to your email and WhatsApp? Sign up to our free twice-daily  Front Page newsletter and new  audio briefings. One of the four Albanian migrants and her child had “disappeared” after they were sent to hospital for checks, officials said. The other two, a man and a woman, were being held in a migrant detention centre. Migrants walk next to a Calais’ city sign (stock picture) Officials would not give the names of the arrested men, who were aged between 45 and 54, or say where in Britain they were from, or which airfield or airport in Britain the plane was heading for when it was intercepted.The plane, a four-seat, single-engine Cessna 172 Skyhawk, was still on the ground and the pilot was at the controls preparing for take-off at Calais-Dunkirk airport, which is located in Marck, but the migrants had not boarded when police moved in on Monday afternoon.”We do not yet have a full profile of the pilot. Investigators are waiting for British authorities to send information,” the prosecutor’s office said, adding that police were hoping to identify other people involved in the attempted people-smuggling operation. A British pilot and two other UK nationals have been arrested by French police on suspicion of people-smuggling as their Cessna plane was about to fly from Calais to Britain with four Albanian migrants on board.“This is the first time that we have come across attempted people-smuggling by plane” in the Calais region, the Boulogne deputy prosecutor handling the case, Philippe Sabatier, told the Telegraph.Calais has for years been a magnet for migrants hoping to sneak into the UK but mostly they try to stow away on trucks heading for the ferry port or the Eurotunnel terminal.center_img The thwarted attempt to fly migrants into the UK came just a day before three migrants – believed to be an Afghan, a Pakistani, and an Iranian – abandoned their bid to get to England in a dinghy, and returned to the French shore suffering from hypothermia.At the weekend, another migrant was picked up by a small yacht in the Channel near Dunkirk after he was found out at sea on a raft he had made from planks of wood and bottles.French authorities last October shut down a huge migrant camp near Calais nicknamed the “Jungle” which at its peak was home to more than 10,000 people, most of them hoping to make it to the UK. Show more Migrants walk next to a Calais' city sign (stock picture)last_img read more

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New saltwaterproof trains for Brunels stormbattered Great Western Railway

first_imgPassengers on the new GWR Intercity Express Trains will benefit from more seats, more services and reduced journey times. “Our engineering team have worked on a design which ensures equipment on the roof will not flood when running in heavy rain or along coast routes.” It is the sort of clever design solution of which the great Victorian engineer himself would have been proud.Trains running along the south west coast on Isambard Kingdom Brunel’s Great Western Railway have long suffered from sea spray and salt water corroding and damaging vital equipment.But a deceptively simple design change is set to ensure the trains can handle the worst of the weather.The problem is particularly acute along stretches such as Dawlish, in Devon, where the track famously runs alongside the coast on its way to Exeter.A new generation of ‘Dawlish proof’ trains is set to be rolled out along the route with the promise they will be able to withstand the worst the south west can throw at them.Several of the trains which currently run on the line suffer from a crucial design fault in which their brake resistors, which dissipate energy during braking and turn it back into electricity, sit in a sunken well on the roof where rain and sea water collects during storms, damaging their working parts.While the existing 40-year-old High Speed Trains have not been affected, the Voyager fleet operated by Cross Country,  which operates between Penzance and Scotland via Dawlish and Bristol, have repeatedly suffered from the problem since they were introduced in 2001. But the new Class 802 Intercity Express Trains, which will run from London Paddington to Exeter, Plymouth and Penzance from next year, have been designed with a raised platform on which the resistors sit, allowing water to run off the roof and away from the equipment.Engineers are conducting a series of exhaustive tests to ensure that the sleek, bullet-shaped trains can handle the ferocious Atlantic storms that lash the rugged West Country coast, where huge waves can swamp the rail line.As part of the tests the high speed trains have been subjected to extreme weather conditions – with gallons of salt water dumped on them – and are now undergoing live test runs along routes in the region, between Bruton and Cogload, in Somerset.Three of the new trains, built by Hitachi Rail, were put through a giant train washing system, allowing gallons of saltwater to be poured on them to test not only the effectiveness of the brake resistor platforms, but also the waterproof seals of the carriage doors and windows.The fleet of 33 trains, modelled on Japan’s bullet trains, is being built by Hitachi Rail Europe at its high-tech factory in Pistoia, Italy.A Hitachi Rail spokesperson said: “The new Intercity Express Trains are designed to cope with the South West’s sometimes stormy weather conditions and have already been rigorously tested including weather simulation tests at our Japanese factory. During terrible storms in 2014 much of the West Country was cut off by rail when the sea wrecked the main line at Dawlish. It took weeks to repair, with major work needed to rebuild the sea wall on which the track runs.It is expected the new trains should shave up to six minutes off journey times from Paddington to Exeter and Plymouth, with journeys to Penzance cut by up to 14 minutes.There will be more storage for bicycles and novel features such as larger and lower overhead luggage racks with glass bottoms to help passengers remember their belongings when they leave the train.Stations such as Penzance, Exeter St Davids and Taunton and Plymouth will also be upgraded, along with signalling along the route.Royal Train saved from the scrapheap after Queen makes it known it is still her favoured mode of transport Passengers on the new GWR Intercity Express Trains will benefit from more seats, more services and reduced journey times.Credit:Rob Thomas/GWR Want the best of The Telegraph direct to your email and WhatsApp? Sign up to our free twice-daily  Front Page newsletter and new  audio briefings.last_img read more

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NCN gets new Board of Directors comprising of Woolford Moseley among

Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)RelatedNew GNNL, NCN Board members receive Instruments of AppointmentMay 24, 2017In “latest news”New Chairpersons for NCN, Guyana Chronicle, GBA namedSeptember 4, 2015In “Politics”Chronicle Newspaper reduced to a “political rag”; New State Media Boards appointedSeptember 15, 2015In “Politics” Seven individuals were selected to be part of the newly constructed National Communications Network (NCN’s) Board of Directors.This is according to State Minister, Joseph Harmon during a Post Cabinet press briefing on Thursday at the Ministry of the Presidency.Woolford was appointed Chairman of the BoardThe persons identified as Directors of the state owned radio and television broadcasting entity are: owner of Capitol News and an veteran journalist, Enrico Woolford, owner of News source, journalist and radio announcer, Gordon Moseley, expert broadcaster, Margaret Lawrence, Michael Leonard, Kamal Persaud, Dane Gobin and the Director of the Government Information News Agency (GINA) Beverly Alert.Woolford was appointed Chairman of the Board which will be constituted for the period of May 21, 2017, to April 30, 2018.Harmon noted that the new Board will serve to ensure that the entity operates according to its policies and guidelines, that is to say, providing accurate information to the Guyanese public, while being timely.According to Harmon while the Board will not constitute the ‘management’ of NCN, government is expecting that with the outlined persons appointed as Directors “the policy at the NCN will be strengthened, that the questions of transparency and accountability will be enforced.”Former Chairman of the Board of the National Communication Network (NCN) Bishwa Panday resigned from the post in December 31, 2016.Panday, who was appointed back in September 2015, told media operatives that he was not able to dedicate valuable time to the task as such he said someone who has the time should be allowed the position. read more

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62 magnitude quake shakes Chile

SANTIAGO, Chile (AFP) — A strong 6.2 magnitude earthquake shook Chile on Tuesday but there was no tsunami alert and no reports of injuries, officials said.Chile’s National Seismological Centre said the quake struck the north-central region at 7:19 am (1019 GMT), 35 kilometres (21 miles) north of Punitaqui at a depth of 75.8 kilometres.The United States Geological Survey also reported the quake as measuring 6.2.An initial report from Chile’s National Emergency Office said the quake did not cause injuries or “disruption of basic services.”The quake was reportedly felt from Atacama in the north to BioBio region in the south.The world’s most seismic country, Chile has a long Pacific Ocean coastline and a history of earthquake-linked tsunamis, but in this case authorities ruled out a tsunami risk.In 1960 Chile was struck by the world’s most powerful earthquake, measuring 9.5, which left more than 5,700 people dead. Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)RelatedNew earthquake rocks JapanApril 15, 2016In “Internet”Caribbean News Round-upSeptember 18, 2015In “Regional”Italy quake: At least 15,000 in temporary sheltersOctober 31, 2016In “latest news” read more

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Jagdeo unbothered by SARA lawsuit over Pradoville 2

Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)RelatedSARA’s Deputy Director ‘squatting on the job,’ says Opposition LeaderJuly 25, 2018In “latest news”Over $100M in supplementary funding approved for SARA under Legal AffairsAugust 3, 2017In “latest news”Ramjattan defends “illegal” SARA DirectorMarch 13, 2019In “latest news” Opposition Leader Bharrat Jagdeo has confirmed receiving a lawsuit from the State Assets Recovery Agency (SARA) over purchased land at “Pradoville 2” located at Sparendaam, East Coast Demerara, but has described it as silly and politically motivated.“Yes, I have received it, I am responding to it… my lawyers are responding to it… I didn’t even look at it; I heard it came and I told the guys to send it over to the lawyers… it’s a political matter, I don’t waste my time… it a routine matter for me,” he told the media on Thursday.Jagdeo said the Director and Deputy Director of SARA, Professor Clive Thomas and Aubrey Heath-Retemyer are holding their respective posts illegally. The Opposition has argued that the SARA Act provides very clearly that their appointments shall be made through a parliamentary process. Since that Act came into force last year, that process was never activated.The Opposition has argue too that a transition provision in the Act allowed the Director who operated in the agency before the Act came into force, to continue to act in that office for a limited period. They noted however that that period has long expired. read more

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Almaden puts TOMRA XRT ore sorters to the test

first_imgX-ray Transmission (XRT) ore sorting looks to be catching on in mining, with Vancouver-based Almaden Minerals the latest company to put the technology to the test.Almaden, which is the majority owner of the Ixtaca gold-silver project in Puebla state, Mexico, recently engaged TOMRA Sorting Solutions to run a 2,200 kg sample of material from the project through a commercial scale XRT machine in Germany and the results speak for themselves.The limestone sample, collected from fresh drill core in the Ixtaca Main zone, was crushed and screened at a McClelland metallurgical lab in Reno, US, and shipped to TOMRA in Wedel, Germany.The results of the tests showed XRT could successfully reject 39% of waste rock from coarse rock (18-50 mm) at grades of 0.25 g/t Au and 12 g/t Ag, and 52% of waste rock from mid-size rock (12-16 mm) at grades of 0.22 g/t Au and 12 g/t Ag. These grades were below the anticipated mine cutoff grades, but Almaden was able to elaborate further on the impact.The results showed including conventional XRT ore sorting technology could:Increase average mill feed grades for the limestone unit by 39% for gold and 47% for silverPush the average annual metal production above the 147,900 ounces per year of gold-equivalent envisaged in Almaden’s 2017 pre-feasibility studyBolster the initial rate of return and payback economics of the projectReject 36% of run of mine as waste rock at the crushing stageProduce a 93% recovery for silver and 88% recovery for gold from the ore sorterReduce the environmental footprint over the life of mine by:Reducing process tailingsLowering process water usageCutting process energy requirements and CO2 emissions. And, these benefits came with only a “modest impact on capital costs”, Almaden said.XRT is becoming more prevalent in mining with several recent installations in gold, diamond and tin operations.Morgan Poliquin, President and CEO of Almaden, said the Ixtaca deposit was particularly well suited to the technology as the occurrence of gold and silver in the limestone-hosted portions of the project is in the form of high-grade veins and veinlets that “branch and re-connect, as well as locally change strike and dip, pinch and swell”.This can result in wireframe models that contain interspersed irregular zones of barren limestone host rock, leading to dilution.The broad-band radiation that comes with sensor-based ore sorting and penetrates the crushed and screened mineralised rock can see beyond this and ‘reject’ what would be considered waste rock from further processing (see below graphic, credit: TOMRA).The TOMRA test work will now go into the company’s feasibility study at Ixtaca, which is expected to be completed this year.In the meantime, another precious metals focused company has already gone ahead and installed a commercial XRT unit in its operation.Pantoro, in its June quarter production results, confirmed a Steinert XRT ore sorter was installed and commissioned at its Halls Creek gold mine in the Kimberley region of Western Australia.Pantoro said: “The ore sorter will be the primary facilitator of continued production increases during the coming year. The full benefit will be achieved from the ore sorter as ore development and production from the Wagtail underground mine ramps up.”The company is aiming for production rates of 80,000-100,000 oz/y by the end of 2018 as the ore sorter and Nicholsons process plant become fully utilised. The company produced 52,203 oz of gold in the 12 months to the end of June.last_img read more

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Freeport expects block caving from the DMLZ mine to start mid2019

first_imgThere are major ownership changes planned for PT-Freeport Indonesia, with shares to change hands between PT Inalum, Freeport McMoRan (FCX) and current JV partner Rio Tinto, where ultimately PT Inalum’s share ownership will be 51.2% of PT-FI (subject to a dividend assignment mechanism to replicate the Joint Venture economics), and FCX’s ownership will be 48.8%. On the mining side, PT-FI is currently into the final extraction phase of the Grasberg open pit, which contains high copper and gold ore grades. Following results of an economic analysis in the first half of 2018, PT-FI revised its mine plans to continue to mine ore from the open pit until transitioning to the Grasberg Block Cave (GBC) underground mine in the first half of 2019. PT-FI has several projects in the Grasberg minerals district related to the development of its large-scale, long-lived, high-grade underground ore bodies. In aggregate, these underground ore bodies are expected to produce large-scale quantities of copper and gold following the transition from the Grasberg open pit.Substantial progress has been made to prepare for the transition to mining of the GBC underground mine. First undercut blasting occurred in September 2018, and cave production is scheduled for the first half of 2019. All underground mining levels and the ore flow system are being commissioned. Production rates over the next five years are expected to ramp up to 130,000 metric tons of ore per day.During second-quarter 2018, PT-FI initiated plans to conduct hydraulic fracturing activities to manage rock stresses and pre-condition the Deep Mill Level Zone (DMLZ) underground mine for large-scale production following mining induced seismic activity experienced in 2017 and 2018. Hydraulic fracturing activities designed to safely manage production commenced in third-quarter 2018 and to date have accomplished expected results. PT-FI’s revised mine plans for the DMLZ underground mine, which continue to be reviewed, currently project block cave mining activities in the DMLZ underground mine to commence in mid-2019. PT-FI expects the DMLZ to reach full production rates of 80,000 t per day in 2022. Estimates of timing of future production continue to be reviewed and may be modified as additional information becomes available.last_img read more

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Trade surplus increases by €1bn CSO

first_imgIRELAND’S SEASONALLY ADJUSTED trade surplus rose by €1 billion in August on the previous month, according to newly released figures by the Central Statistics Office (CSO).Exports rose 16 per cent to €9.1 billion compared with July, according to preliminary figures, while imports rose by 5 per cent on the previous month – leaving a record-breaking surplus of €4.92 for August.Comparing August 2012 with August 2011, the value of exports increased by €1,273 million (18 per cent), with the main drivers being organic chemicals (+ €458 million), medical and pharmaceutical products (+ €219 million) and essential oils (+ €158 million).Overall, the EU accounted for €4,594 million (55 per cent) of total exports in August, with Great Britain and Belgium accounting for 27 per cent of total exports. The USA was the main destination for exports outside the EU accounting for 21 per cent of the total.Imports increased by €151 million (4 per cent) to €3,837 million in August 2012 compared with the same period of the previous year. The CSO says this was mainly due to an increase of €81 million in the imports of food and live animals.Around 60 per  cent of imports (€2,270 million) in August 2012 came from the EU with Great Britain accounting for 31 per cent of the value of imports. The USA (10p er cent) and China (6 per cent) were the main non-EU sources of imports during that period.The data shows that, for the first eight months of 201,  exports amounted to €62,493 million and imports to €32,591 million representing a trade surplus of €29,902 million.Read: Iran to lift ban on Irish beef>last_img read more

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Amazon selling remaining Kindle 2 stock for 89 on Black Friday

first_imgAmazon is going to pose shoppers with a difficult decision on Black Friday. While you may be able to pick up the shiny new Kindle for $139, the company still has some stock of 2nd generation Kindles to offload.So come 9am PST/ 12 noon EST Amazon will be offering these 2nd gen devices for just $89. The tweet announcing the offer points out the E Ink displays in these Kindles is the same as the current Nook has.Tempted?Read more at the AmazonKindle Twitter feed, via Gizmodolast_img

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AMD launches Radeonbranded DDR3 modules

first_imgWhen AMD acquired ATI it became a company capable of producing a solid line-up of processors and graphics cards/chips. Now it seems, memory modules will be part of the company’s product offerings too.A page has appeared on the AMD website advertising “AMD Radeon Memory for Systems.” There are three module options available split down into Entertainment, ULTRAPRO Gaming, and Enterprise segments.Only 2GB DDR3 modules are being offered in all three segments, but where the differences occur is in the data rate and timings. The Entertainment segment looks to be a mainstream offering with a data rate of 1333Mbps and timings of 9-9-9. The ULTRAPRO Gaming segment is the high-end offering and pushes the data rate up to 1600Mbps with timings set at 11-11-11. Finally the Enterprise segment has yet to be defined, but AMD is advertising it as perfect for mission critical servers, which is guaranteed by additional testing.What’s confusing is why AMD has decided to enter the DRAM market now. Profit margins are very small in this market, but AMD seems to be adding a hefty premium to these modules. The Entertainment modules are already on sale in Japan for $20.37 each, where as the equivalent from brands including Kingston, Patriot, or Corsair costs around $15. You can even get a 4GB Kit for $27, making the Radeon branded modules seem very expensive.Read more at the AMD product page and ITProPortalMatthew’s OpinionThe one advantage AMD gets from doing this is the ability to ship its new APUs with memory as part of the package. At the very least it can push deals to retailers and give consumers a discount if they choose to purchase both the APU and memory at the same time. It might be minimal profit, but it’s still additional revenue for the company.The price is a sticking point, though. Unless there modules prove to be better performing that the competition (highly unlikely) they will just be viewed as expensive due to the branding. Enthusiasts will not buy them, so it is left to less well-informed consumers to purchase them because of the Radeon brand recognition. But maybe that was AMD’s plan all along.last_img read more

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The runner hoping to break a world record by soloing this weekends

first_imgThe runner hoping to break a world record by soloing this weekend’s Dublin Marathon Oisín Weldon is trying to show others getting out and active can be a bit of fun and doesn’t need to be taken seriously. Image: Mattock Rangers GAA/Facebook Add us: the42.ie Thursday 27 Oct 2016, 1:12 PM Are you one of the 20,000 running the Dublin Marathon? Here are 26.2 tips to help prepareA fitness goal not written down is just an idea – get SMART and make it happen this winter Image: Mattock Rangers GAA/Facebook Oct 27th 2016, 1:12 PM Share366 Tweet Email1 http://the42.ie/3047693 19,642 Views IF THE PHYSICAL and mental challenge of running 26.2 miles wasn’t enough, one Louth man is attempting to break a world record by soloing a Gaelic football around the Dublin Marathon.Oisín Weldon has completed Marathons, Ultra Marathons and The Race (Ireland’s toughest one-day race) in recent years but Sunday will provide an entirely different proposition for him.As an accomplished runner, he’ll have no problem negotiating the course but doing so whilst safely soloing a size 5 match ball may prove to be a bit trickier.He recently ran the Fingal 10k in a time of 52 minutes and 34 seconds but Sunday will the first time he attempts the feat on a marathon course.“It can be very sore on your hamstrings and back, that kicking action over and over again,” he says. “Training has gone well, I’ve done a number of events but Sunday will be my one and only 26.2 mile event with the ball.”Weldon, who is raising funds for his local GAA club Mattock Rangers, has been given the time of three hours 50 minutes to beat if he is to etch his name into the Guinness Book of World Records.The current record was set by Cavan native Steve Duggan in 2004.The rules are simple; if he drops the ball or oversteps then he has to retrieve it and go back to where the foul occurred.“If I do a Michael Darragh Macauley and take eight steps I’ll be pulled up,” he says, joking.“I’ll have an adjudicator with me but a lot of it will be down to self-policing too. I’ve come this far so there’s no point in cheating myself either.”So far, Weldon has raised over €2,000 but he insists it’s about far more than the money, his motivation being the chance to incentivise others to get out and active by doing something fun.“I’m doing it for the club, the village and community,” he added. “The GAA club is the cornerstone of every community and when I was asked to give something back I jumped at the chance.“I see this as a chance to show people that you can do something like this having fun, being active and supporting others. It’s all a bit of fun really.”The42 is on Snapchat! Tap the button below on your phone to add! 10 Comments By Ryan Bailey Short URL Tweet thisShare on FacebookEmail this articlelast_img read more

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Mega channel gets last lifeline

first_img Facebook Twitter: @NeosKosmos Instagram The saga of MEGA Channel continues, as the TV station was offered lifeline by the president of the Council of State,  Nikolaos Sakellariou, suspending the National Broadcasting Council’s decision to order the cease of operation for the country’s first privately owned television station.Once the most popular Greek broadcaster, Mega has been in dire financial straits for several years, when the crisis – stricken banks refused to keep on lending the company. Facing great debt, the station’s fate has been in limbo, while its several hundred remaining employees – journalists, technicians and administration staff – have not been paid for two years. A change in ownership did not result to a change in its finances and for the past couple of years, the station has all but dismantled its news programming, has produced very few entertainment programs and is relying mostly on reruns of its former hit series.This has led the new station’s proprietor, Alter Ego (a company owned by shipping magnate Vangelis Marinakis) to lodge an application for a ‘thematic’ license, to secure its staying on air, until the new national broadcasting licenses are auctioned (after the public failure of the Greek government’s previous attempt to replace the long-expired temporary licenses under which TV stations in Greece have been operating.However, the National Broadcast Council rejected this request, on grounds that Mega had been operating  under a provisional licence as a mostly news-oriented station and the law does not allow for any broadcaster to change program profile, outside the timeframe when licenses are auctioned. The independent authority’s ruling includes an order for the station to cease operation immediately.Alter Ego resorted to the Council of State, arguing that Law 4339/2015 which regulates broadcast licencing in Greece, is unconstitutional and contrary to the European legislation. The CoS chairman temporarily froze the independent authority’s decision, effectively prolongating the station’s operation until at least the 4th of May, when the State Council will discuss the broadcaster’s appeal.last_img read more

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