gold

im on those golden teachers

Today on Married To The Sea: im on those golden teachers


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gold

Mavs' Klay Thompson cheered by 400 Warriors employees in return to Golden State

Klay Thompson was greeted by some 400 cheering Warriors employees showing their love and appreciation for the former Golden State star and lined up along his path to the Dallas locker room




gold

Advice for young writers from Troy Wilson, author of GOLDIBOOKS AND THE WEE BEAR (illustrated by Edwardian Taylor)

Just read (and loved) a fun reimagining of the classic fairytale Goldilocks and the Three Bears: GOLDIBOOKS AND THE WEE BEAR, written by Troy Wilson and illustrated by Edwardian Taylor, published earlier this year by Running Press Kids.

Here is Troy Wilson's advice for young writers:

"My advice? Write badly. Badly, badly, badly. Include words and ideas that shouldn't be there. Leave out words and ideas that should be there. Put things in the wrong order. Have your protagonist act wildly out of character. Why? Because that is what your favorite author does.

"You don't see your favorite author's horrible first drafts. Or horrible second drafts. Or horrible third drafts. For that matter, you don't see their attempted books that never, ever turned out at all. (Some things are just dead ends, even for your favorite author.) No, you only see their final, super-duper-polished work, after they got lots and lots of great feedback.

"Everyone starts with bad writing. Every single writer, every single time - no matter how long they've been doing it. You can't avoid your own bad writing. You can't go around it or over it or under it. You have to go through it. Just get it onto the page or screen. You can always fix it later. Except if you let the bad writing - or the fear of bad writing - stop you from writing. Because you can't fix what isn't there."

Thanks, Troy! 

Related links:

Publisher page about Goldibooks and the Wee Bear

More about Troy Wilson at TroyStory.ca, Twitter and Facebook.

More about Edwardian Taylor at EdwardianTaylor.com, Twitter and Instagram.

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Find more advice for young writers and illustrators from children's book creators.

 




gold

From Sacred to Chic: Gold Crosses in Contemporary Fashion

Gold crosses, symbols rich in spiritual depth and historical significance, have journeyed from their sacred origins to become a beacon of contemporary fashion. This transformation showcases the adaptability of religious icons, evolving from strictly spiritual objects into cherished elements of modern fashion. This article embarks on a journey to explore how gold crosses have seamlessly ... Read more

The post From Sacred to Chic: Gold Crosses in Contemporary Fashion appeared first on Star Two.




gold

BBC tours hospital Israel says sits above millions in Hezbollah gold

The BBC’s Orla Guerin is taken on a tour of Al Sahel Hospital in Beirut.




gold

Gold, prices, and jobs: What's at stake in Ghana's elections?

In an echo of the US, the current vice-president is up against an ex-president in the 7 December vote.




gold

The full list of major US companies slashing staff this year, including Goldman Sachs, Meta, and Chegg

Companies have continued to cut jobs in 2024 after a wave of layoffs last year. Meta, Goldman Sachs, Google, and Tesla are among those shedding staff.




gold

News24 Business | Investment update | Cybersecurity is a goldmine - top picks for investors

The latest investment insights and market developments.




gold

Addressing illegal gold mining: International policy priorities

Addressing illegal gold mining: International policy priorities 18 November 2024 — 11:30AM TO 1:00PM Anonymous (not verified) Chatham House and Online

Held in partnership with the World Gold Council, this panel of experts examines the global Artisanal and Small-Scale Gold Mining (ASGM) landscape and propose policy priorities essential for fostering sector formalization.

In this panel discussion, held in partnership with the World Gold Council, experts will examine the global Artisanal and Small-Scale Gold Mining (ASGM) landscape and propose policy priorities essential for fostering sector formalization.

An estimated twenty million people worldwide are involved in the Artisanal and Small-Scale Gold Mining (ASGM) sector, which now accounts for around 20 percent of global gold output. However, 85 percent of this production occurs outside formal legal frameworks. While many in ASGM operate within informal economies or seek pathways to formalization, a significant portion is also vulnerable to criminal exploitation, involving organized crime and armed groups.

In Ethiopia, the sector’s informality is tied to the nation’s volatile security dynamics, with illicit gold mining proliferating as non-state actors compete for control in conflict-prone regions such as Tigray. Additionally, gold is increasingly trafficked through transnational illicit networks in the Sahel and Sudan fuelling instability. South America is also impacted, for example in Peru where the government’s response to illegal ASGM initially saw success in 2019 but has faced sustainability challenges, and environmental impact.

ASGM growth is driven by the rising value of gold, youth unemployment, weak law enforcement, climate impacts, and conflict. While formalization offers significant economic potential, robust international cooperation and industry commitment is required to address the human toll, environmental impact and support sustainable practices.

In this panel discussion, experts will focus on addressing the expansion of illicit control and exploitation within ASGM, highlighting the pathways for governments and large-scale mining companies to drive meaningful change.

This event is hosted in partnership with the World Gold Council. There will be a reception with light refreshments hosted at Chatham House following the event.

This event will be livestreamed via the Africa Programme Facebook page.

The institute occupies a position of respect and trust, and is committed to fostering inclusive dialogue at all events. Event attendees are expected to uphold this by adhering to our code of conduct.




gold

Sudan’s gold boom: Connections to conflict and transnational impacts

Sudan’s gold boom: Connections to conflict and transnational impacts 7 December 2022 — 2:00PM TO 3:30PM Anonymous (not verified) 24 November 2022 Online

At this event, experts will discuss Sudan’s gold sector, its connections to conflict, and transnational impacts. 

At this webinar panellists will discuss Sudan’s gold sector, its connections to conflict, and transnational impacts.

Sudan is one of the largest gold producers on the continent, with the industry constituting Sudan’s foremost source of hard currency since the secession of South Sudan in 2011 and resulting loss of oilfields.

The gold rush that has ensued has had important implications for domestic and transnational conflict dynamics. Military actors and armed groups have sought control of gold-producing areas in the peripheries and to capitalize on the flow of labour migrants, against a wider backdrop of conflict partly stemming from contestation for control between central and local actors.

International interests are prominent, including increased Russian involvement in the sector, while gold smuggling has also interlaced with mercenary activity in neighbouring CAR, Chad and Libya.
 
At this event, panellists will discuss Sudan’s gold trade, its connections to conflict, and transnational impacts, including the international politics of Sudan’s gold extraction and role of armed groups. It will also explore the environmental and socio-economic dimensions of gold in Sudan’s border areas. 
 
This roundtable is an output of the Cross-Border Conflict: Evidence, Policy and Trends (XCEPT) research programme, funded by UK Aid from the UK government.
 




gold

Fighting over ‘white gold’: Sesame in Ethiopia and Sudan

Fighting over ‘white gold’: Sesame in Ethiopia and Sudan Expert comment LJefferson 3 April 2023

The supply chain of a seemingly innocuous cash crop – sesame – has intersected with transnational conflict dynamics, exacerbating tensions between Ethiopia and Sudan.

Late 2020 saw the beginning of the devastating war in Tigray and the occupation of a disputed region on the Ethiopia–Sudan border – Al Fashaga – by the Sudanese army. These shocks disrupted settled patterns of land ownership and control in both Ethiopia’s volatile north and Sudan’s borderlands, historically the heart of the sesame and oilseed production that is economically vital to both countries.

These seemingly harmless cash crops are now embedded in local, subnational and national political contestations in both countries. Sesame value chains are being reshaped, with power and profits being used to entrench the grip of political and armed actors who are reinforcing new patterns of land control and driving informal and illicit trade – impacting the coping mechanisms of local communities and threatening to fuel further conflict.

Regional rivalries drive contestation over the Ethiopia supply chain

Internal borders between most of Ethiopia’s regions are marked by boundary disputes, which often degenerate into violent conflict. The most important is between the Tigray and Amhara regions. Since the war began in 2020, the Amhara region has annexed vast areas of western and southern Tigray, which the Amhara region claims were taken from them by Tigray 30 years ago, after the Tigray People’s Liberation Front (TPLF) dominated ethnic coalition came to power.

Conflict has exacerbated a steady decline in formal revenues from sesame exports, dropping over $115 million from 2016 to 2021.

Ethiopia’s exports of spices, oilseeds and pulses brought in over half a billion dollars in 2021, roughly a quarter of the country’s total export revenues and second only to coffee. The sector has been rocked by the war in the north, which accounted for much of Ethiopia’s sesame production, with an estimated 500,000 hectares of sesame fields taken out of cultivation during the 2021 growing season. Conflict has exacerbated a steady decline in formal revenues from sesame exports, dropping over $115 million from 2016 to 2021.

Alongside falling production, the previously integrated value chain has been disrupted and decentralized by political fragmentation and land competition between Amharas and Tigrayans. Before the war, the agricultural sector in Western Tigray/Welkait was dominated by Tigrayan business interests, through the TPLF’s regional endowment fund EFFORT, a business conglomerate including subsidiaries such as Guna Trading House, and Hiwot Agricultural Mechanization.

" class="video-embed-field-lazy">

Two-minute video explainer: Supply chains, land contestation and conflict in the Horn of Africa

The taking of the area by Amhara forces in late 2020 saw the control over agricultural supply chains shift to actors from the Amhara region, amid contestation between regional officials, businessmen and security actors, backed by political elites. Thousands of displaced ethnic Tigrayan inhabitants of the area have been replaced by ethnic Amharas, enticed to settle there by the Amhara regional government’s offer of grants and leases for land which promise better livelihoods. The sesame they farm is now largely exported through informal and illicit channels, with profits used to reinforce de facto regional control.    

But there is also contestation within the Amhara region over the land and sesame supply chain between sub-regional elites from Gojjam, Gondar and indigenous Welkaites. Welkaites, who were marginalized under TPLF rule, believed that by aligning themselves with powerful Amharas they would reclaim land and influence. But this has not been fully realized, with the local administration reliant on Amhara region subsidies, rather than the federal budget. With little support from the federal government, local Welkait officials are strengthening their ties with Eritrea.

The Ethiopian government’s pursuit of peace with Tigray may lead it to turn away from the Amhara region, which could result in a renewed showdown between Amhara and Tigrayan forces.

At the national level, regional contestation over the control over Western Tigray/Welkait feeds into shifting political alliances between the Amhara, Tigrayans and Oromo which threaten the sustainability of the peace agreement struck between the federal government and TPLF in November 2022 – despite efforts by the government to defer the thorny issue.

While the constitutional return of the land to Tigray remains unlikely anytime soon, there is a feeling that Amhara control over Western Tigray/Welkait is no longer certain. The Ethiopian government’s pursuit of peace with Tigray may lead it to turn away from the Amhara region, despite their alliance during and before the war, which could result in a renewed showdown between Amhara and Tigrayan forces.

The prospect of losing territory could also heighten Amhara nationalist claims on Al Fashaga – the loss of which was partly offset by gaining Western Tigray/Welkait – leading to renewed conflagration with Sudan, outside of federal direction. Eritrea’s presence and alliance with Amhara militias remains a concern, given Asmara’s demonstrable ability to inflame tensions.  

Sudan’s securocrats battle over resources to entrench political power

The war in northern Ethiopia was also used opportunistically by the Sudanese Armed Forces (SAF) to take control of the fertile Al Fashaga borderland. This roughly 250 sq km area had been awarded to Sudan when the boundary was initially demarcated by the British in 1903, a ruling that remained contested by Ethiopia. An uneasy truce had seen Ethiopian farmers cultivate the land under nominal Sudanese administration; a settlement that collapsed in 2020 when thousands of predominantly Amhara farmers were evicted.

Local Sudanese farmers have also lost out – with some not compensated for the loss of lands to their own military, with land given to people from other parts of the country, and through lost relationships with Ethiopian farmers, labourers and investors.

The Sudanese military now allegedly controls more than 90 per cent of the disputed areas and security-linked companies and investors have moved into the lucrative sesame sector, re-routing the supply chain, which used to flow largely through Ethiopian markets. These companies are connected to Sudan’s Military Industrial Corporation, a vast conglomerate of business subsidiaries controlled by SAF – which is headed by General Abdel Fattah al-Burhan.

Competition between Sudanese security actors fuels volatile political rivalries, and further entrenches military control of economic resources.

The commander of the paramilitary Rapid Support Forces, General Mohamed Hamdan Dagolo (or Hemedti), also has interests in agriculture, through his family business Al-Junaid. Both sit at the top of Sudan’s Sovereign Council. Hemedti’s competition with Burhan has seen him develop relations with Ethiopia’s prime minister – counter-balanced by recent rapprochement between Abiy and Burhan – as well as senior Amhara leaders, including over business activities.

Moreover, competition between Sudanese security actors fuels volatile political rivalries, and further entrenches military control of economic resources, undermining civilians at a time when pro-democracy forces are seeking to restore a reform-minded government. One of the key challenges for a new civilian government will be to quickly build up a domestic revenue base to compete with the economic heft of the country’s prominent security institutions, which will demand taking on military-controlled holdings in civic sectors such as agriculture, including sesame.

Informal and illicit trade reinforces conflict dynamics

This context has driven the informalization of trade, with cash crops such as sesame increasingly exported outside of formal channels and connected to other illicit cross-border activities between Ethiopia and Sudan. Indications are that sesame production in Western Tigray/Welkait has recovered significantly during the current 2022/23 harvest season. However, rather than contributing much needed currency to soften Ethiopia’s forex crisis, the Amhara elite-controlled supply chain is primarily being used to secure a variety of regional interests.




gold

Analytical Guidelines for co-fractionation Mass Spectrometry Obtained through Global Profiling of Gold Standard Saccharomyces cerevisiae Protein Complexes [Research]

Co-fractionation MS (CF-MS) is a technique with potential to characterize endogenous and unmanipulated protein complexes on an unprecedented scale. However this potential has been offset by a lack of guidelines for best-practice CF-MS data collection and analysis. To obtain such guidelines, this study thoroughly evaluates novel and published Saccharomyces cerevisiae CF-MS data sets using very high proteome coverage libraries of yeast gold standard complexes. A new method for identifying gold standard complexes in CF-MS data, Reference Complex Profiling, and the Extending 'Guilt-by-Association' by Degree (EGAD) R package are used for these evaluations, which are verified with concurrent analyses of published human data. By evaluating data collection designs, which involve fractionation of cell lysates, it is found that near-maximum recall of complexes can be achieved with fewer samples than published studies. Distributing sample collection across orthogonal fractionation methods, rather than a single high resolution data set, leads to particularly efficient recall. By evaluating 17 different similarity scoring metrics, which are central to CF-MS data analysis, it is found that two metrics rarely used in past CF-MS studies – Spearman and Kendall correlations – and the recently introduced Co-apex metric frequently maximize recall, whereas a popular metric—Euclidean distance—delivers poor recall. The common practice of integrating external genomic data into CF-MS data analysis is also evaluated, revealing that this practice may improve the precision and recall of known complexes but is generally unsuitable for predicting novel complexes in model organisms. If studying nonmodel organisms using orthologous genomic data, it is found that particular subsets of fractionation profiles (e.g. the lowest abundance quartile) should be excluded to minimize false discovery. These assessments are summarized in a series of universally applicable guidelines for precise, sensitive and efficient CF-MS studies of known complexes, and effective predictions of novel complexes for orthogonal experimental validation.




gold

Quantum Motion and Goldman Sachs Identify Quantum Applications in Financial Services Project

LONDON, Nov. 1, 2024 — Quantum Motion, a UK-based quantum computing scale-up founded by Professor John Morton, University College London (UCL), and Professor Simon Benjamin, University of Oxford, has worked […]

The post Quantum Motion and Goldman Sachs Identify Quantum Applications in Financial Services Project appeared first on HPCwire.




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Famous birthdays for Nov. 13: Whoopi Goldberg, Julia Michaels

Actor/TV personality Whoopi Goldberg turns 69 and singer Julia Michaels turns 30, among the famous birthdays for Nov. 13.




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Blugolds men’s and women’s basketball have home opener, first games in the new Sonnentag Event Center

EAU CLAIRE— This weekend saw the first basketball games for Blugold men’s and women’s basketball during the Market & Johnson Blugold Tip-Off Tournament. The games were the first to be played at the Sonnentag Event Center, a part of the new $122 million multi-purpose facility which opened earlier this year. The event center has a capacity of 3,500 people for sporting events as compared to the ...




gold

Tour the Kitchen of India's Golden Temple

This sacred shrine in India feeds over 100,000 people a day regardless of race, religion and class.




gold

Thomas Edison's Stunning Footage of the Klondike Gold Rush

In 1896, Thomas Edison set off to a remote Canadian district near the Alaska border, with cameras in tow. He succeeded in capturing fascinating images of the prospectors brought in by the Gold Rush.




gold

A Treasure Hunt for an Ornate Golden Owl Buried in France Has Ended After 31 Years

The quest drew thousands of curious participants hoping to solve a series of elaborate riddles—and win a bejeweled statue worth an estimated $165,000




gold

Scientists Reveal Rare 450-Million-Year-Old Arthropod Fossil Preserved in Glittering Fool’s Gold

The critter found in New York represents a new, extinct species of arthropod that could shed light on the evolution of today's insects, crustaceans and spiders




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Archaeologists Discover Engraved Gold Offering to Jupiter Dolichenu, a War God Revered by Roman Soldiers

The votive plaque was found amid the ruins of an ancient Roman fortress. Researchers think a temple dedicated to the mysterious deity may have stood nearby




gold

Bionic 'Pilots' Compete for the Gold at the Cybathlon

In the international competition, people with physical disabilities put state-of-the-art devices to the test as they race to complete the tasks of everyday life




gold

A creek near the Eagle Gold mine in Yukon sees mercury levels spike

Water quality guidelines for mercury are 0.02 micrograms per litre of water. Several results show that levels at four sites are far above that threshold. During the second week of October, one value close to the mine was more than seven times the acceptable level.



  • News/Canada/North

gold

The Enterprising Woman Who Built—and Lost, and Rebuilt—a Booming Empire During the Klondike Gold Rush

With flinty perseverance and a golden touch, Belinda Mulrooney earned an unlikely fortune in the frozen north and reshaped the Canadian frontier




gold

Russians take gold on home soil, Canadians make podium in ice dance

That Figure Skating Show recaps the ice dance event at Rostelecom Cup that saw Canadians Laurence Fournier Beaudry and Nikolaj Sorensen take their second bronze this season.




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American figure skater Nathan Chen eyes elusive Olympic gold medal in Beijing

Nathan Chen has accomplished just about everything that one can accomplish in the sport of figure skating. The only thing he's yet to accomplish? Winning Olympic gold.



  • Sports/Olympics/Winter Sports/Figure Skating

gold

Amendments to the Effective Date of the Delivery Eligibility Requirements of the Gold, Gold Kilo, and Gold (Enhanced Delivery) Futures Contracts




gold

SolidWorks Sustainability wins Design News Golden Mousetrap Award 2010 for Innovation and Creativity

New Solution Helps Designers Calculate and Reduce the Environmental Impact of Their Materials, Production Methods




gold

Behind the gold and glitter

Life is not a movie, says one worker who shares her life and Christ with the many broken women in Hong Kong’s brothels.




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News24 Business | EXPLAINER | How to invest in gold

Gold remains at record highs, but there are various ways to get exposure to the metal that are less cumbersome and more investor-friendly than holding physical gold.




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News24 Business | India's festive gold buying spree continues, defying record price

Indian buyers of gold brushed off record high prices and made purchases for the Dhanteras and Diwali festivals starting on Tuesday, hoping bullion would continue to rally and deliver promising returns amid a cooling stock market, industry officials told Reuters.




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"Then. Now. Forever": Sonali Bendre Posts Unseen Photos To Celebrate 22 Years Of Marriage With Goldie Behl

Sonali Bendre and Goldie Behl tied the knot in a lavish ceremony on November 12, 2002




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Wilmington Man Indicted For Solid Gold Jewelers Robbery And Assault

Defendant faces decades in prison Department of Justice prosecutors indicted a man Monday for robbing and brutally assaulting the owner of a Wilmington jewelry store in September 2022.  Calvin Ushery, Jr., 39, is charged with multiple felonies — including Assault 1st Degree — for the attack, which was caught on video. In the video, Ushery pistol-whips the victim […]



  • Department of Justice
  • Department of Justice Press Releases
  • News

gold

Natural Dairy Products brings jobs, gold standard facility

Gov. Jack Markell attends grand opening of company’s new headquarters in Newark NEWARK, Del. –   Independent, family-owned Natural Dairy Products Corporation found the perfect match in Newark for its relocated headquarters and gold-standard quality dairy operation, where it will make and distribute its organic, grass-fed dairy products. That feeling of synergy was mutual on Friday, […]




gold

incorrect output of multiplication in jaspergold

I want to use jaspergold to formally verify functionality of my custom multiplier. I am computing the expected result using A*B to check against output of my multiplier. Here, A and B are two logic signed operands. However, jaspergold is performing the operation A*B incorrectly.

I have reproduced this issue using the attached example. JasperGold compiles and elaborates the module and subsequently runs a formal proof. The tool raises a counterexample to assertion whose screenshot is attached below:

I simulated the same example using xrun and it was giving the correct product output in simvision waveform. Please help me resolve this issue. I am using 2023.03 version of Jasper Apps.

Thanks and regards

Anubhav Agarwal




gold

Canadian miner capitalises on golden opportunity in Victoria

Australia’s proud mining history, the quality of its workers and high working standards were instrumental in bringing Canadian mining and exploration company Kirkland Lake Gold to the Victorian gold fields.




gold

China’s gold rush continues at Asiad

HOST China snapped up more gold medals at the Hangzhou Asian Games yesterday. A shooting world record fell to Chinese teenager Sheng Lihao in the men’s 10-meter air rifle with his 253.3 points surpassing




gold

A “Golden Era” for Mining in the Pacific Ocean? Perhaps Not Just Yet

A “Golden Era” for Mining in the Pacific Ocean? Perhaps Not Just Yet A “Golden Era” for Mining in the Pacific Ocean? Perhaps Not Just Yet
Anonymous (not verified) Tue, 10/23/2018 - 11:38

East-West Wire

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East-West Wire

The East-West Wire is a news, commentary, and analysis service provided by the East-West Center in Honolulu. Any part or all of the Wire content may be used by media with attribution to the East-West Center or the person quoted. To receive East-West Center Wire media releases via email, subscribe here.

For links to all East-West Center media programs, fellowships and services, see www.eastwestcenter.org/journalists.

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East-West Wire

Tagline
News, Commentary, and Analysis
East-West Wire

The East-West Wire is a news, commentary, and analysis service provided by the East-West Center in Honolulu. Any part or all of the Wire content may be used by media with attribution to the East-West Center or the person quoted. To receive East-West Center Wire media releases via email, subscribe here.

For links to all East-West Center media programs, fellowships and services, see www.eastwestcenter.org/journalists.

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gold

Australian gold company confirms arrest of CEO, 2 executives in Mali

Dakar, Senagal — The CEO and two executives of Australian gold mine Resolute in Mali have been arrested while in Bamako to discuss ongoing disputes with authorities, the company confirmed Sunday. CEO Terence Holohan and his two colleagues "were in Bamako to discuss with mining and tax authorities the company's business practices in Mali generally and to make progress on ongoing claims against Resolute, which continues to claim they are unfounded," Resolute said in a statement posted on its website. "Unexpectedly, the three employees were arrested after the end of these meetings on Friday," she reported. The three executives were taken the same day to the unit specializing in the fight against corruption and economic and financial delinquency — and were placed in police custody in a case of alleged forgery and damage to public property, AFP learned Saturday from a judicial and industrial source. Four employees of the Canadian company Barrick Gold, also in dispute with the Malian authorities, were detained for several days at the end of September, then released. Foreign mining companies are subject to increased pressure from the junta that came to power by force in 2020 and pays particular attention to the juicy revenues of the mining industry. "Resolute is working to reach an agreement with the Malian government that secures the long-term future of the Syama gold mine; at the same time its top priority remains the safety and well-being of its employees," the company said. The executives benefit from the support of the embassies and consulates of the United Kingdom and other countries present in Mali, she said. Resolute holds 80% of the shares in the subsidiary that owns the Syama mine, with the remaining 20% in the hands of the Malian state, according to the company's website. The Malian authorities have made the fight against corruption and the restoration of national sovereignty over natural resources their mantras. Mali, one of the poorest countries in the world, faces jihadis and a multidimensional crisis, and is also one of the leading gold producers in Africa. Gold contributes to a quarter of the national budget and three quarters of export revenues. The increased pressure on foreign companies coincided with the junta's strategic pivot toward Russia.




gold

The price of gold keeps climbing to unprecedented heights. Here's why

NEW YORK — The rush for gold just keeps coming. Gold hit another all-time high this week. Recent gains for the precious metal are largely credited to ongoing economic uncertainty, geopolitical tensions and strong demand from central banks around the world. If trends continue, analysts have bullish outlooks on the price of gold for the months ahead. But the future is never promised. Here's what you need to know. Where does the price of gold stand today? The New York spot price of gold closed Tuesday at just over $2,657 per Troy ounce — the standard for measuring precious metals, which is equivalent to 31 grams — the highest recorded to date, per FactSet. That would make a gold bar or brick weighing 400 Troy ounces worth more than $1.06 million today. This week's record high means that the price of gold has climbed hundreds of dollars per Troy ounce over the last year. Tuesday's price is up nearly $145 from a month ago and more than $740 from this time in 2023. The price of gold is up nearly 30% year to date, analysts note — outpacing the benchmark S&P 500's roughly 20% gain since the start of 2024. Why is the price of gold going up? There are a few factors behind the recent gains. Interest in buying gold often comes at times of uncertainty — with potential concerns around inflation and the strength of the U.S. dollar, for example, causing some to look for alternative places to park their money. Gold also surged in the early days of the COVID-19 pandemic. Among sources of uncertainty today are geopolitical tensions — which escalated over recent days with Israel's deadly strikes in Lebanon. And the ongoing wars in Gaza and Ukraine have continued to fuel fears about the future worldwide. In markets like the U.S., there's also particular concern about the health of the job market. Last week's larger-than-usual half-point cut by the Federal Reserve signals a new focus on slowing employment numbers, and more rate cuts are expected before the end of the year. And such action arrives in the midst of a tumultuous election year — which could prove crucial to economic policy in the road ahead, too. In the near future, people are considering "any case of turbulence in the economy," FxPro senior market analyst Michel Saliby explained. "This is why they're keeping a decent portion of gold in their portfolio as a 'safe haven.'" Analysts also point to strong demand from central banks around the world. Joe Cavatoni, senior market strategist at the World Gold Council, noted last month that central bank demand was well-above the five year average — reflecting "heightened concern with inflation and economic stability." Recent stimulus measures in China aimed at boosting consumer spending are also expected to up retail investments, Saliby added, further boosting gold's performance. Is gold worth the investment? Advocates of investing in gold call it a "safe haven," arguing the commodity can serve to diversify and balance your investment portfolio, as well as mitigate possible risks down the road. Some also take comfort in buying something tangible that has the potential to increase in value over time. Experts caution against putting all your eggs in one basket. Both retail and institutional investors shouldn't be influenced by the "FOMO effect," or fear of missing out, Saliby notes — explaining that people should not risk all their money just because they are seeing others rake in gains. He advises investors to watch the market and always have a clear risk management strategy for their position. If geopolitical tensions cool, Saliby expects the price of gold to correct slightly, perhaps falling around $50 to $80. But he remains bullish overall for the near future — expecting gold's spot price to soon surpass the $2,700 mark previously predicted for 2025, and perhaps reach as high as $2,800 or $2,900 if trends continue. Still, future gains are never promised and not everyone agrees gold is a good investment. Critics say gold isn't always the inflation hedge many say it is — and that there are more efficient ways to protect against potential loss of capital, such as through derivative-based investments. The Commodity Futures Trade Commission has also previously warned people to be wary of investing in gold. Precious metals can be highly volatile, the commission said, and prices rise as demand goes up — meaning "when economic anxiety or instability is high, the people who typically profit from precious metals are the sellers." If you do choose to invest in gold, the commission adds, it's important to educate yourself on safe trading practices and be cautious of potential scams and counterfeits on the market.




gold

Nicosia gold shop owner under arrest for stolen jewellery

Police on Wednesday are investigating the theft of a large number of gold items after a search at a Nicosia gold shop. The owner of the property, aged 78, has been arrested and taken into custody for questioning. According to the police, the search happened as part of an ongoing investigation into a spate of […]




gold

Why this is a golden age for life to thrive across the universe

Almost all the stars that will ever exist have already been born, and they have been around long enough for life to evolve on planets that orbit them




gold

Why this is a golden age for life to thrive across the universe

Almost all the stars that will ever exist have already been born, and they have been around long enough for life to evolve on planets that orbit them




gold

Gold hydrogen: Is there a huge reserve of clean fuel in Earth's crust?

Geologists think there may be vast natural stores of hidden hydrogen gas within Earth, but no one is sure how much there is or how much could be recovered for energy




gold

Earthquakes may explain how huge gold nuggets form in quartz rock

Quartz crystals produce electricity when they are deformed by mechanical stress, which may explain how enormous chunks of gold can form in inert rock




gold

Senior Years May Truly Be Golden for Happiness

Title: Senior Years May Truly Be Golden for Happiness
Category: Health News
Created: 8/24/2016 12:00:00 AM
Last Editorial Review: 8/25/2016 12:00:00 AM




gold

goldenseal

Title: goldenseal
Category: Medications
Created: 8/18/2022 12:00:00 AM
Last Editorial Review: 8/18/2022 12:00:00 AM




gold

Treating central sleep apnoea in heart failure: is positive airway pressure and adaptive servo-ventilation in particular the gold standard?

Extract

We read with great interest the review article by Randerath et al. [1] recently published in the European Respiratory Review. We would like to congratulate the authors on this clearly structured review, which emphasises the urgent need for an increasingly differentiated view of central sleep apnoea (CSA) in the context of precision medicine.




gold

Taxman joins gold rush

The Bank of Mum and Dad has been a major sponsor of Olympic athletes for more than a century, but may be about to be superseded.




gold

RPG Cast – Episode 705: “Trip the Gold Digger”

Kelley's cat decided Christmas was over. Chris is scared to return to Vana'diel and hates Norrath, but is strangely interested in hanging out with river hobbits in Middle Earth. Meanwhile, Phil tries to recruit everyone into his multilevel Monster Hunter scheme.

The post RPG Cast – Episode 705: “Trip the Gold Digger” appeared first on RPGamer.



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Rise Of The Golden Idol launches November 12th, with four DLC planned in 2025

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