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kathy

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  1. Hi Mungo perhaps it was Eva cassidy http://www.youtube.com/watch?v=soRFEeLEXn4 Cheers Kathy lol after reading further see it was Randy crawford
  2. In reply to: Krumbs on Thursday 11/12/08 09:49pm I'm pretty sure that is only a spelling mistake-but the part that really interests me is the statement that Mick Shemesian is reputedly a friend of Chris Brown at London Mining. London Mining are the ones who own the other part of the Marampa tenement and who originally started action against African mining (or minerals-can't recall at the moment the name - am very tired http://www.sharescene.com/html/emoticons/blink.gif ) but the connection certainly adds another possibility to who may be behind the Unicredit Aton International buy http://business.theage.com.au/business/is-...81210-6vxb.html anyhow, I'm off to snooze Goodnight and Good Luck
  3. In reply to: balance on Friday 17/10/08 09:40pm Hi Jos,BSA,Danville,Early birds,Balance and DRRC, Thankyou so much for the great music, I really enjoyed listening to them all hehehe BSA an Australian Polka-that really put a smile on my face http://www.sharescene.com/html/emoticons/biggrin.gif and jos, who can't smile and feel happy when hearing Ballroom blitz??? Balance, I hadn't heard Gurrumul Yunipingu before, but will now look for more, that trully gave me goose bumps. I know,lol, we keep meeting up with music http://www.sharescene.com/html/emoticons/wub.gif lol; actually, My idea for this thread was to incorporate music, humour, pictures or anything that makes us happy to be in the one spot. I know there already is topics covering humour and music, but not always are happy or cheery content, and so with what is going on with the market and financial turmoil coupled with anything and everything else in life, realised from a few conversations that not everyone is able to switch off or know when to switch off (Particularly when many are sitting alone behind a screen for many hours watching the sea of red coupled with listening to the latest news on the market/economy ,also quite a few will be relatively new and have only dealt with a climbing market) anyhow, that was basically the idea, a place to switch off, and slap some fun around (and although I love Radiohead-this is not the topic to post them in-I know from experience!!! a particularly punishing day on the market just recently-made emotionally worse by the backing track http://www.sharescene.com/html/emoticons/weirdsmiley.gif
  4. http://www.sharescene.com/html/emoticons/lmaosmiley.gif Hi everyone,I thought a thread dedicated to anything that makes us laugh, sing,dance and above all feel HAPPY may be a fun addition and more importantly (at the moment) if anyone is feeling down hopefully it may help in some small way by offering a bit of an escape from the gloom. So please post the jokes, pictures, songs that make you happy - Cheers Kathy http://au.youtube.com/watch?v=mfeZtHh-5e0 Joy to the World - Three dog night http://au.youtube.com/watch?v=hXY_CaVvnPU going up the country canned heat now that you are warmed up TURN THE VOLUME UP UP UP !!!!!!!!!!!!! http://au.youtube.com/watch?v=Gwc3XTYOlyQ
  5. In reply to: BSA on Tuesday 16/09/08 11:12am cfe could be called a lot of thing but definitely not boring http://www.sharescene.com/html/emoticons/lmaosmiley.gif Businessman Mick Shemesian wants to roll the board of Cape Lambert iron Ore because he opposes the cashed-up Perth miner's $250 million plan to buy into a Sierra Leone iron ore asset controlled by entrepreneur Frank Timis. http://www.wabusinessnews.com.au/en-story/...iness-Headlines
  6. kathy

    Coffee

    A tribute to Richard Wright 28 July 1945-15 Sept 2008 http://uk.youtube.com/watch?v=7zyUEFPyrG4 fearless RICHARD Wright, the co founder and keyboard player for Pink Floyd died yesterday after a long battle with Cancer. http://uk.youtube.com/watch?v=wNhHV03vVCk shine on you crazy diamond *Music  David Gilmour, Roger Waters, Rick Wright Lyrics  Roger Waters * Roger Waters  bass, lead vocals, additional electric guitar on Part 8 * David Gilmour  Fender Stratocaster, backing vocals, lap steel guitar on Part 6, EMS Synthi AKS * Richard Wright  Hammond organ, ARP String Ensemble, Mini-Moog Synthesizers, clavinet on Part 8, Fender Rhodes on Part 8, Steinway piano on Part 3 and 9, backing vocals * Nick Mason  drums, percussion * Dick Parry  baritone and tenor saxophones * Carlena Williams  backing vocals * Venetta Fields  backing vocals * Recorded January to July 1975 at Abbey Road Studios, London. Richard William Wright was born in London on 28 July 1945 of a well to do family. His parents, Bridie and Cedric Wright had two other children, daughters: Selina and Guinvere. He went to the exclusive Harberdashers' school and at 17 he went to the Regent Street School of Architecture and there he met bassist Roger Waters and drummer Nick Mason. They set up a group at college and were joined six months later by lead guitarist Syd Barrett. Richard Wright:" It was great when Syd joined. Before him, we'd play the R&B classics, because that's what all groups where supposed to then. But I never liked R&B very much. I was actually more of a jazz fan. With Syd, the direction changed, it became more improvised around the guitar and keyboards. Roger started playing the bass as a lead instrument and I started to introduce more of my classical feel." They went under various names, including The Meggadeaths, Sigma 6, The Abdabs(Juliette Gale was part of the Abdabs who married Ricahrd Wright.), Leonard's Lodgers and The T-Set, before settling on the name The Pink Floyd Sound, which was taken from of Syd Barrett's favorite bluesmen, Pink Anderson and Floyd Council. As their confidence grew, they went from pop and R&B covers to their own extended psychedelic improvisations. Barrett became the band's chief songwriter in their early stages, contributing most of their songs on their first album (The Piper at the Gates of Dawn) and their two hit singles 'Arnold Layne' and 'See Emily Play'. After two Top 20 singles and a Top 10 album in'67 , Pink Floyd looked set for a successful career but Syd's experiments with LSD led him to become even more bizarre and eccentric, until eventually he was dismissed from the group in April 1968, to be replaced by David Gilmour. After David Gilmour replaced Syd Barrett, the band gradually redefined their style over half a dozen albums. They released two singles after Piper: "Apples And Oranges" where the b-side included the Wright song "Paintbox". The A-side on the other single "It would be so nice" is by Wright too. The next album was "A Saucerful of Secrets" which included two Wright compositions. The following year, Pink Floyd released "More" and "Ummagumma". The band was allowed to combine a straightforward live album with a second disc, comprising four sections, each recorded by one band member as a solo activity. Rick Wright's instrumental contribution, Sysyphus (parts 1-4) was named after a character in Greek mythology. Part 1 is a mystical synthesizer with timpani, while in places Part 2 could easily be taken for a romantic-era classical piano sonata. Part 3 is very experimental, and Part 4 opening with bird-song, relies heavily on Wright's Mellotron, eventually returning to the theme of Part 1. Ummagumma was followed by "Atom Heart Mother" in 1970, but it wasn't until 1971's Meddle with the side-long Echoes inspired by Wright's single piano note fed through his Leslie rotating speaker, that the band regained the prospects they'd shown four years earlier. The next album, Dark Side Of The Moon, ensured their place in rock history. Released in 1973, the album became more than just a soundtrack to a generation (many of whom first discovered the delights of stereo listening to it in headphones). It spent an unprecedented 15 years in the Billboard Top 200 album charts and to date it has sold 28 million copies (rising at the rate of a million a year) making it the third highest selling album ever. Wright co-wrote many of the tracks on this epoch-making album but his most memorable contribution was The Great Gig In The Sky. The next two albums - Wish You Were Here in 1975 and Animals in 1977 - consolidated their position as one of rock's biggest names but, as frequently happens, the band's phenomenal success put an increasing strain on their personal relationships and the creative tensions gave way to conflict. Solo albums were a safety valve and Wright released Wet Dream in 1978. Wright was accompanied by top session musicians Mel Collins (sax), Snowy Whithe (guitar), Larry Steele (bass) and Reg Isadore (drums). No singles were released from the album, and Wright did not perform any concerts. By the time they came to record The Wall in 1979 Roger Waters was assuming control of the band. Wright felt the full brunt of this when Waters threatened not to release The Wall unless Wright left the band. Wright spent the next two years as a paid employee, playing The Wall in America, Britain and Germany. None of this was public knowledge until Wright's name was conspicuously absent from Pink Floyd's 1983 album, The Final Cut. However, within months the band had imploded under the weight of the acrimony between the survivors. After leaving Pink Floyd, Wright formed a shortlived partnership, called Zee who released Identity ('84), with Dave Harris, former leader of New Romantic band Fashion, with Wright composing music for Harris' lyrics. There were again no live dates. This is the only Floyd solo album never released on CD anywhere. Wright rejoined Pink Floyd in 1987, after Gilmour and Mason had reconstituted the band, during the recording of A Momentary Lapse Of Reason. He arrived too late to contribute any songs but played on the world tour that confirmed Pink Floyd's status as one of the world's biggest drawing live attractions. However on Pink Floyd's most recent studio album, The Division Bell, the band returned to the co-operative principles that had got lost during the late '70's. Wright co-wrote Wearing The Inside Out with lyricist Anthony Moore and co-wrote the music for Cluster One, What Do You Want From Me, Marooned, and Keep Talking with David Gilmour. More important, as Wright says, "On this album the three of us actually played together. It's like the Floyd again." Millions of fans felt exactly the same way during Pink Floyd's Division Bell world tour which played over 100 shows, culminating in their 14-night stint at London's Earls Court in the autumn of 1994. http://uk.youtube.com/watch?v=uLJ_QVfT_wM echoes http://uk.youtube.com/watch?v=9lbVe7ukIIs sysyphus part 2 http://uk.youtube.com/watch?v=Enwnt7-j90k the great gig in the sky http://uk.youtube.com/watch?v=YrIHBTElofA us and them http://uk.youtube.com/watch?v=Gu_Bb5R1MG0&feature=related astonomy domine http://uk.youtube.com/watch?v=7HkQvhoymTc paint box http://uk.youtube.com/watch?v=8HrRPcfzBZM it would be so nice
  7. QUOTE (BSA @ Sunday 07/09/08 09:04pm) Hi Krumbs, Hi BSA, yes there is a smell about it. A further development is now African minerals taking legal action against London Mining, which I have pasted below. I assume that Cape Lambert can walk away now, due to terms of the acquisition (term a) though suspect for Tony Sage the dilution of Evraz's holding by issuing 44 million new shares to African minerals is of importance. I will have to re-read what I have posted on Sunday at some stage (make sure I don't double up on same info) but recall Christopher Brown (off top of my head so don't quote me) is the name of CEO of London Mining, I think he is also from W.A. or at the least worked in West Aust as a Geologist and then for some Brokerage firms??? before moving to the UK, I also remember reading that when London Mining first came into the Marampa (open pit) things didn't run smooth then either, in fact some legality about the company they were buying from not being allowed to sell to start with, then the original holder (before London) not having started operations within a set time frame (2 yrs) anyhow will when time permits find the back up links and info to verify the above. Cheers Kathy Other key terms of the acquisition are as follows; (a) completion is conditional on the parties entering into a more comprehensive formal agreement, detailed due diligence and receipt of all necessary regulatory consents; (b) completion will occur on 30 September 2008 or such other date as the parties agree; © the Company has also been granted an exclusive option to invest further in the Marampa Project by acquiring from African Minerals the outstanding shares in Marampa, resulting in Marampa becoming a wholly-owned subsidiary of Cape Lambert, at a price of US$200 million, less the aggregate of (i) US$25 million and (ii) the value of the 44 million Cape Lambert shares (to be issued) as at the date of closing of the transaction. The option may be exercised at any time during the feasibility study period and for a period of three months immediately after its finalisation; (d) the commitment to contribute US$25 million to fund a definitive feasibility study of the Marampa Project will be in accordance with an agreed monthly calling schedule applicable to the Marampa Project which shall be agreed by the parties on or before completion of the transaction. If the feasibility study costs in excess of US$25million, the Company and African Minerals will contribute to the excess cost pro rata to their respective shareholding in Marampa http://www.reuters.com/article/rbssIndustr...872656220080908 UPDATE 1-African Minerals to sue London Mining for trespass Mon Sep 8, 2008 12:24pm EDT Email | Print | Share | Reprints | Single Page | Recommend (0) [-] Text [+] Market News Oil up slightly as Hurricane Ike threatens Gulf Wall Street soars on Fannie, Freddie bailout Apple shares decline ahead of Tuesday event More Business & Investing News... Featured Broker sponsored link (adds details) LONDON, Sept 8 (Reuters) - African Minerals (AMIq.L: Quote, Profile, Research, Stock Buzz) said it would take legal action against London Mining (LOND.OL: Quote, Profile, Research, Stock Buzz) for trespass and the removal of iron ore tailings from land in Sierra Leone licensed to it onto land held by London Mining. African Minerals also said in a statement on Monday that trading in its shares, suspended earlier, would resume on Tuesday. Chairman Frank Timis said his company's mineral rights in Sierra Leone "are a matter of public record and I would invite shareholders of African Minerals who may be concerned by the inaccurate claims of London Mining to view the letter from the Government of Sierra Leone dated Sept. 5". Last week, African Minerals announced a deal to swap 30 percent of its interest in the Marampa area for a 10 percent stake in Cape Lambert Iron Ore Ltd (CFE.AX: Quote, Profile, Research, Stock Buzz). On Sunday, London Mining said it had served a writ, which relates to its iron ore project at Marampa, on a subsidiary of African Minerals. London Mining said it had a "25-year mining lease from the Government of Sierra Leone over the old Marampa mines area previously mined by DELCO". (Reporting by Matthew Scuffham and Dan Lalor; Editing by Paul Bolding) ps- this is from CFE's announcement, which notes the exclusion of the Delco 1 open cut (which is owned by London) will have to look further at what they are fighting over...But in my previous posts, there is a link regarding the demarcation, which also states that London Mining took a couple of "heavies" with them, which delayed events due to a fear for the safety of those carrying out the Govt work, also the theft of tailings and land. Marampa Project and Infrastructure The Marampa Project is a brownfields exploration project located near the township of Lunsar in Sierra Leone, West Africa (refer Figure 1). It is defined by Exploration Licence EXPL 09/06, which covers an area of approximately 319km2 and completely encloses (but excludes) the former DELCO 1 , open cut mining operation. DELCO identified the prospectivity of the Marampa area during the early 20th Century, and from 1933 exported iron ore from the Marampa area until mine closure in 1975 due to depressed commodity prices.
  8. In reply to: kathy on Sunday 07/09/08 09:48am http://news.sl/drwebsite/publish/article_20059663.shtml Marampa Companies Banned The Ministry of Mineral Resources is reported to have temporarily banned both the London Mining Company (LMC) and the African Minerals from further works at the Marampa Mines. This development, according to reports, was as a result of what senior Mines officials called "undue interference and encroachment" by officials of the LMC. Reports said the two companies will resume work pending the outcome of a visit to the mining sites by senior Mines officials in the coming days. dated 4th sept 2008 http://business.timesonline.co.uk/tol/busi...icle4692393.ece Frank Timis faces court over African mines FRANK TIMIS is no stranger to controversy. Only three years ago he sparked City outrage over the near-collapse of Regal Petroleum. Now the Romanian, who has a number of drug offences behind him, is on the cusp of a legal battle in Sierra Leone over a $45m (£26m) cash and shares deal he announced to the stock exchange last week. A UK-registered mining minnow fears Timis may have sold exploration rights that did not belong to African Minerals, the AIM-listed miner he controls. Late last week London Mining filed a writ in a court in Sierra Leone seeking an injunction that would force Timis, 44, to move his workforce from two stretches of disputed land. The iron ore thought to be lying in the five square kilometres of jungle is estimated to be worth at least $2 billion. And that’s just what mining analysts describe as the “low-hanging fruitâ€ÂÂÂÂÂ. The deposits in the Marampa mines supplied the allied forces with much of their iron-ore requirements during the second world war and were operational until the 1970s. Timis has struck an outline agreement with the Australian miner Cape Lambert that will see him swap 30% of his company’s interest in the Marampa area for a 10% stake in Cape Lambert. London Mining fears the deal with the Australian company includes rights to the disputed territory. “London Mining invested in Sierra Leone three years ago as it was a country that had made a clear commitment to building long-term economic growth with overseas companies,†said Graeme Hossie at London Mining. “We have every confidence that this dispute can be resolved through the courts.†Just three months ago, Timis took Bob Geldof, the rock singer turned anti-poverty campaigner, to visit his operations in the west African state. Geldof was flown in Timis’s private jet to visit the project, which is linked to the redevelopment of a 75-kilometre railway and port. “If Frank is going to build a modern railway and with the port now functioning then it should be a matter of urgency to connect up with the people and agricultural exports,†Geldof said. “If it’s a deal of mutuality, I’m there.†Timis is a big fish in Sierra Leone. African Minerals used to be the Sierra Leone Diamond Company. It owns mineral exploration rights to 57% of the country’s land mass. Timis bought a 30% stake in the company in 2005 through a Bermuda-registered vehicle. London Mining has assets all over the world and recently raised $800m in cash through the sale of its Brazilian business to Arcelor Mittal. It was enticed to Sierra Leone by an investment conference held by Britain’s Department for International Development (DFID) in 2005, which promised that the country was stable and would welcome foreign investment. It has told the Sierra Leone government that it would put up the cash needed to develop the railway line so it can get its operations under way. A government green light, however, has not been given. Since Geldof’s visit, Sierra Leone has been pitched into a political scandal. Last month the president suspended his transport minister in connection with a 700 kg seizure of cocaine at the country’s international airport. The minister’s brother, who is also the national football team coach, had already been arrested in connection with the seizure. Contradictory messages from government departments lie at the heart of the new dispute. Timis was granted rights to explore for minerals in the area, but London Mining alleges that his permit warned he had to steer clear of the areas they were working. The trouble is that the two sides have a different interpretation of where those boundaries lie. It is alleged that as recently as January this year, maps distributed by the Sierra Leone mining ministry backed up London’s claims to the disputed territory. That followed a formal letter sent in May 2007 confirming the co-ordinates of the site, London Mining claims. Then, about two months ago, the official version of events changed. The Sierra Leone mineral resources department has now adopted the same interpretation as African Minerals. According to local reports, Timis took the new mines minister with him on a trip to Romania. The deal between Timis and Cape already faces obstacles. Cape’s biggest shareholder is Evraz, the steel giant controlled by Roman Abramovich, the Russian billionaire who owns Chelsea football club. Evraz sent a letter to Cape Lambert’s chairman Tony Sage hours before the deal was announced warning that it was opposed to the company getting involved in any corporate deals without its say-so. The legal wrangle could throw a further spanner in the works for Timis. A spokesman for African Minerals said the company did not want to comment on anything related to the Sierra Leone affair. http://news.sl/drwebsite/publish/article_20059608.shtml 25 July 2008 African Minerals Limited ('African Minerals' or the 'Company') Key Engineering Projects Update African Minerals Limited (AIM:AMI), the mineral exploration company with interests principally in Sierra Leone, West Africa, is pleased to provide the following update in respect of the key engineering projects it is undertaking in Sierra Leone. Highlights * Company appoints RSG Global - Coffey Mining Pty Ltd ('Coffey') to undertake critical components of the definitive feasibility study for the Tonkolili Iron Ore Project * Survey work starts on Pepel Port facilities after Government of Sierra Leone gives go-ahead in line with exclusive Memorandum of Understanding announced on 6 May 2008 * SENET commissioned to begin work on port and railway infrastructure engineering studies * Scott Wilson Railways commissioned to carry out railway infrastructure engineering studies, including upgrade of existing Pepel to Marampa railway and extension from Marampa to Tonkolili at Standard Gauge Tonkolili Iron Ore Project Feasibility Study African Minerals is pleased to announce the appointment of Coffey to undertake the following components of the definitive feasibility study for the Tonkolili Iron Ore Project: * Resource and reserve estimation * Mine geotechnical engineering and hydrogeology * Mining engineering * Tailings engineering and waste dumps * Civil engineering (mine infrastructure and process plant) * Power source analysis * Environmental studies * Social impact studies * Financial analysis http://www.hemscott.com/news/static/rna/it...65852586293509* Begin production of 3mtpa of iron ore at the Company's Marampa tailings operation in Sierra Leone once Government approvals have been granted to use the port and railway and construction and repairs of the mine, rail and port have been completed. *http://www.abnnewswire.net/press/en/55886/London-Mining-Plc.html
  9. In reply to: BSA on Saturday 06/09/08 02:22pm Hi, I am going to quickly post some info I have been collecting, which may give an insight into the scope of interest in these areas which appear foolish at first glance. I will apologize also that these wont be quite as organised or collated as I would have liked before adding, (will be out all day/night) and new info regarding London Mining as of today. May edit tomorrow, and probably cringe when re-reading Kathy Early this year Cape lambert were involved in the Delta Mining deal to develop the western cluster iron ore deposits in Liberia. Delta were granted the provisional winners beating Tata steel, Arcelor Mittal and Sinosteel, anyhow since this development there has been some questioning as to how Delta,with Cape Lambert and IDC won, over the likes of Tata steel and Sinosteel,after pressure from much probing and questioning from the Government Opposition and African media outlets, the Govt have agreed to investigate changes regarding due dilligence, and are now re evaluating the decision. No outcome has been announced thus far. 28th july Cape Lambert announced shareholder approval for the sale of the cape lambert iron ore project for A$400 million Cape Lambert paid $US20 million in cash and stock options for the 408 sq km deposit in 2005 31st july Evraz announce the signing of a Co-operation Agreement with China Metallurgical Group Corporation (“MCCâ€ÂÂÂÂÂ) for the joint development of the Cape Lambert Iron Ore Project Evraz has already agreed to pay $US1.5 billion for a controlling stake in another steel group, Delong Holdings , which holds an option to take about 12 per cent of Cape Lambert, Evraz has six months to obtain Beijing's approval for the takeover. Evraz has options to take a 51% stake in Singapore listed Delong, but exercising them is conditional on getting Chinese antitrust approval. The six month options were due to expire on Monday, but Evraz said it had agreed with Delong shareholder Best Decade to extend the option exercise period until February 18th 2009. It also said it had notified Chinese authorities of the planned merger, receiving acknowledgement from the State Administration of Industry and Commerce on March 3rd and the Ministry of Commerce on May 7th. Evraz in its regulatory filing said that "Subsequently, the offeror was informed by MOFCOM of an extension of the merger review process. As at the date of this announcement, MOFCOM continues to review the information and materials submitted by the offeror as part of its pre merger notification." 20th Aug Acelor Mittal bought the the Brazilian iron ore rights from London Mining for US$809.9.million Sixteen months earlier London Mining had bought the Brazilian iron ore assets for $68 million and then invested $32 million for further mine development. London Mining intends to return approximately US$427 million of theproceeds to shareholders. 3rd sept London mining announced that it is entering the South African coal market by acquiring 50.5% of DMC energy (Delta mining consolidated) for up to $120million London Mining also have an interest in Marampa- the open cut mining operation (Development Corporation of Sierra Leone) now interestingly, the Sierra Leonne Government has as recently as August, had to re survey and demarcate the license areas of AML and LMC, due (according to AML ) to London Mining tresspassing and stealing from Aml, also Govt officials found LMC had illegally set up check points on the AML license area http://news.sl/drwebsite/publish/article_20059608.shtml Aug 31 (PTI) In a bid to feed its upcoming steel and power projects in Gujarat, Ruias-promoted Essar Group is scouting for iron ore and coal assets in Africa and South America for possible acquisition. "Our merger and acquisition team has been mandated to look for iron ore and coal assets both abroad and in India for acquisition," a company official told PTI. Essar Group is scouting for raw material assets in Africa and South America, he said, adding, "however it is not in the race to acquire United Coal, the US-based firm that is now on the block." Since acquiring raw material assets have become dearer and a number of companies are looking for assets worldwide, he said it may take a little while to reach to a negotiation. Increased demand for coal and iron ore has caused an unprecedented increase in the price levels of both the commodities. Iron ore prices have gone up by 400 per cent since 2004 and coaking coal prices by 500 per cent during the same period. Essar has a 4.6 million tonne per annum (mtpa) steel making facility at Hazira in Gujarat. The plant does not require coal since it produces the commodity using arc furnaces. The Group, however, has now embarked on a capacity expansion programme taking it to close to 10 mtpa in which it intends to use a combination of blast furnace, corus and arc furnace technologies almost in the same ratio. Coal would be required in blast furnace and corus technologies. PTI On Wednesday, Arcelor said it was paying $432.5 million for the stake in Kalagadi Manganese to develop a manganese mine and smelter complex in South Africa. ArcelorMittal said it expected the mines and smelter, situated in Northern Cape Province and Eastern Cape Province, to begin production in 2010 and to produce 2.4 million tons of manganese a year. Manganese is an important ingredient of steel, constituting up to 0.8% of multipurpose low carbon steels. ArcelorMittal, which produces around a tenth of the world's steel, is benefiting from resilient demand for the metal, but like others in the sector it also has to deal with rising raw material costs and bottlenecks in areas such as Australia, which has kept supplies under pressure. Arcelor's response has been to make itself more self-sufficient, by recently buying a Brazilian iron ore producer and a coking coal plant in the United States (See "ArcelorMittal Digs Self-Sufficiency.") The remaining 50.0% of Kalagadi is owned by IDC, the South African state-controlled financier, and Kalahari Resources Nippon Steel Corp, JFE Holdings Inc unit JFE Steel Corp and other major Japanese steelmakers plan to jointly acquire overseas mining rights for iron ore in an attempt to minimize the impact of surging mineral prices, the Nikkei reported at the weekend, without citing sources. Nippon Steel (other-otc: NISTF.PK - news - people ), Sumitomo Metal Industries, Kobe Steel (other-otc: KBSTY.PK - news - people ), JFE Steel and Itochu Corp will form a consortium, the business daily said. The government is working to lend a hand by providing low-interest loans through the Japan Bank for International Cooperation. Acquisitions will likely total around 1 trillion yen ($90.9 billion), which makes their endeavour the biggest resource-related investment by Japanese businesses so far, the report said. As a start, the consortium plans to take part in an open bid for Brazil's Nacional Minerios SA, known as Namisa, owned by major local steelmaker CSN. Its estimated annual output of slightly more than 20 million tons is equivalent to roughly 15 percent of Japan's annual iron ore imports. The partners may also buy mines in Guinea and Liberia on the West African coast to make the region a third source for iron ore after Australia and Brazil. The move came after the Japanese steelmakers accepted a 65 percent price hike for Brazilian iron ore and as high as 100 percent for Australian ore in their price negotiations for fiscal 2008, the Nikkei said. The IDC ( www.idc.co.za) is a self-financing, South African state-owned national development finance institution that provides finance to promote industrial anhttp://business.timesonline.co.uk/tol/business/industry_sectors/natural_resources/article4692393.eced entrepreneurial development. Its primary objectives are to contribute to balanced sustainable economic growth in Africa and to the economic empowerment of the South African population, thereby promoting the economic prosperity of all citizens of the African continent. The IDC identifies and funds projects in partnership withothers and focuses on promoting and investing in viable new industriesand differentiates itself through risktaking and flexibility in structuring, particularly in promotion of BEE, SMEs, regional investment diversification and job creation. http://www.deltamining.com/pages/content.php?pid=press_3 http://allafrica.com/stories/200804150997.html http://allafrica.com/stories/200808181203.html http://www.deltamining.com/pages/content.php?pid=press_4 http://www.publicagenda.info/deliberateflaws.htm http://www.im-mining.com/2008/08/08/london...n-south-africa/ http://news.sl/drwebsite/publish/article_20057694.shtml http://www.londonmining.co.uk/history.asp http://news.sl/drwebsite/publish/article_2...p?autono=333061 http://news.bbc.co.uk/2/hi/business/7571978.stm
  10. kathy

    Coffee

    In reply to: HP.LOVECRAFT on Tuesday 17/06/08 10:16pm Hi HP (sorry I am so tardy in reply, think have been quiet for a good six months-lol and believe me, am very rarely quiet-very strange time though/but that is another story-)anyhow rather than ramble on... yeah, coldplay are great aren't they? hard to put them on and not end up playing another then another cause one song after the other is fantastic, so, think I'll have a coldplay day today lol Have a great weekend Kathy http://www.youtube.com/watch?v=0O_Sg0oUJ-4&feature=related God put a smile upon your face http://www.youtube.com/watch?v=_XonuuQZSCE&feature=related in my place http://www.youtube.com/watch?v=V3Kd7IGPyeg&feature=related the scientist http://www.youtube.com/watch?v=M3yU6ZJVYQU what if
  11. An Elderly couple was celebrating their sixtieth anniversary. The couple had married as childhood sweethearts and had moved back to their old neighborhood after they retired. Holding hands they walked back to their old school. It was not locked, so they entered, and found the old desk they'd shared, where Andy had carved "I love you, Sally." On their way back home, a bag of money fell out of an armored car, practically landing at their feet Sally quickly picked it up, but not sure what to do with it, they took it home. There, she counted the money, fifty-thousand dollars. Andy said, "We've got to give it back." Sally said, "Finders keepers." She put the money back in the bag and hid it in their attic. The next day, two FBI men were canvassing the neighborhood looking for the money, and knocked on the door. "Pardon me, but did either of you find a bag that fell out of an armored car yesterday?" Sally said, "No." Andy said, "She's lying. She hid it up in the attic." Sally said, "Don't believe him, he's getting senile." The agents turn to Andy and began to question him. One says: "Tell us the story from the beginning" Andy said, "Well, when Sally and I were walking home from school yesterday . . " The first FBI guy turns to his partner and says, "We're outta here."
  12. A Chinese man decides to move to Australia after 50 years of living in Shanghai. He buys a small piece of land near to Mt Isa. A few days after moving in the friendly Aussie neighbour decides to go across and welcome the new guy to the region, so he goes next door, but on his way up the drive-way, he sees the Chinese man running around his front yard chasing about 10 hens. Not wanting to interrupt these 'Chinese customs', he decides to put the welcome on hold for the day. The next day, he decides to try again, but just as he is about to knock on the front door, he looks through the window and sees the Chinese man urinate into a glass and then drink it. Not wanting to interrupt another 'Chinese custom' he decides to put the welcome on hold for yet another day. A day later he decides to give it one last go, but on his way next door, he sees the Chinese man leading a cow down the drive-way, pause, and then put his head next to the cow's bum. The Aussie bloke can't handle this, so he goes up to the Chinese man and says 'Jeez Mate, what the hell is it with your Chinese customs? I come over to welcome you to the neighbour hood, and see you running around the yard after hens. The next day you are pissing in a glass, and drinking it and then today you have your head so close to that cow's bum, it could just about shit on you. The Chinese man is very taken back and says 'Sorry sir, you do not understand; these aren't Chinese customs I am performing, but Australian customs.' 'What do you mean mate' says the Aussie, 'Those aren't Australian customs.' 'Yes they are', replied the Chinese man, 'for you see, in order for me to become a true Australian, I must chase chicks, drink piss, and listen to bull-shit '
  13. kathy

    Coffee

    Hi (the coffee lounge missed an entire year http://www.sharescene.com/html/emoticons/thumbdown.gif severe withdrawal) anyhow a quick reminder that the jjj hottest 100 voting finishes tonight midnight January 20 2008 (WA time) so under 3 hours left if you havent already and had intended too. http://www.abc.net.au/triplej/hottest100/ Have a great year all one of my picks for inspiration??? lol http://www.sharescene.com/html/emoticons/biggrin.gif Josh Pyke mmm could listen to it over and over http://www.sharescene.com/html/emoticons/wub.gif
  14. QUOTE (balance @ Thursday 13/12/07 01:53pm) I have to confess balance, I until now, hadn't heard him, Thank you for the link, I know someone who will absolutely love this ( I am about to email the link to him). Just been listening to some of his other clips (listening to "the messiah will come again" as I type) really beautiful!!! Take Care Balance Kathy http://www.sharescene.com/html/emoticons/wink.gif ps OOOHHH I am now listening to his "when a guitar plays the blues" yep definitely a winner!! cheers lol you posted while I was typing
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