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The rising popularity of electric vehicles - which use twice as much copper as internal combustion engines - and increasingly pro-mining policies in the U.S. while other nations exert greater control over their mineral deposits are fueling the spending, according to mining executives and investors.
“Fifteen years ago, U.S. mining was thought to be a dead industry, but now it’s a profitable area for us,” said Richard Adkerson, chief executive of Freeport-McMoran Inc (FCX.N).
The buildouts are expected to boost U.S. copper production by at least 8 percent in the next four years, according to data from the International Copper Study Group and DBS, with Nevada Copper Corp (NCU.TO), Taseko Mines Ltd (TKO.TO), THEMAC Resources Group Ltd (MAC.V) and Excelsior Mining Corp (MIN.TO) aiming to open ...
The development trend has gone largely under the radar, with copper industry customers like Tesla Inc (TSLA.O) - rather than miners themselves - grabbing the headlines. But that is slowly changing.
Industry analysts recommend investors buy shares of companies building new U.S. copper mines, a marked change from just 12 months ago when most recommendations were to hold.
Four analysts, for instance, advise buying Taseko shares; none did a year ago. These analysts also have set price targets for the miners at more than double current trading levels, according to Refinitiv data.
Surrounded by onion farms and backed by the Sierra Nevada mountains, the Pumpkin Hollow mine will produce more than 100,000 tons of copper each year once its underground and open-pit portions fully open, which is slated to happen in phases.
Majors Freeport, Rio Tinto (RIO.L) and BHP Group Ltd (BHP.AX) also have U.S. copper projects of their own under development. These come just as copper prices are forecast to rise more than 10 percent in the next two years, according to Canaccord Genuity.
Rio and BHP, for instance, have been trying since 2001 to open Arizona’s Resolution Copper mine, one of the world’s largest projects of its type.
The two are still waiting for regulatory clearance, having spent more than $1.3 billion since 2001, in a delay brought on partly by a dispute involving local American Indian tribes.
SEATTLE — Brian McCann tormented Seattle pitching again with a tiebreaking two-run single in the seventh inning, part of a four-hit night by the Atlanta catcher, and the Braves rallied from a three-run deficit to beat the Mariners 5-4 on Tuesday night.
The Braves took advantage of late control problems by starter Michael Pineda (7-5) and the Mariners' inability to come through with a clutch hit early against Tommy Hanson. Seattle left the bases loaded in the second inning, and runners on second and third in the fourth. They were limited to one run both times.
Hanson (9-4) settled down and gave his offense time to rally. Dan Uggla hit his 12th homer in the fifth inning, and the Braves added an unearned run in the sixth before scoring three times in the seventh.
Jordan Schafer had an RBI single in front of McCann's sixth hit of the series.
Since May 28, McCann is hitting .391 with 10 homers and 21 RBIs. He has more than half of Atlanta's 13 hits in the first two games of this series.
With Hanson's early shakiness, it was a surprise he was still around in the sixth. His first pitch coming off a stint on the disabled list — a get-it-over-fastball — was hit into the right-field seats by Ichiro Suzuki. That shot snapped a 99-game homerless streak for the Mariners' leadoff hitter.
It was Suzuki's 33rd leadoff homer, tying him with Paul Molitor for ninth on baseball's career list. Suzuki hadn't homered in 414 at-bats, dating to Sept. 11, 2010.
Seattle later got contributions from Jack Cust, making his first start in two weeks. Cust hit an RBI double in the second and added a solo homer in the fourth. But Seattle failed to break the game open.
The Mariners had bases loaded and one out in the second, but Brendan Ryan struck out looking and Justin Smoak popped out to right. In the fourth, Ryan and Suzuki were on second and third with two outs, but Adam Kennedy struck out to end the threat.
Hanson struck out eight in his first start since June 12 against Houston. He walked three, but retired his final seven batters.
Seattle rookie Dustin Ackley had an RBI single in the seventh inning off George Sherrill and has reached base safely in all 11 games since he was called up from the minor leagues. Ackley's hit might have tied the game if McCann hadn't thrown out Kennedy on the back end of a double steal during the previous at-bat when ...
Cust put a scare into the Braves when he jumped on Jonny Venters' fastball in the eighth but Jason Heyward tracked down the liner as he crashed into the wall in right. Craig Kimbrel worked the ninth for his 22nd save in 27 chances.
Pineda didn't allow a hit until the fourth, but struggled with his control and couldn't escape his mess in the seventh when he walked the bases loaded, sandwiched around a strikeout of Alex Gonzalez. Pineda missed on a close 3-1 pitch to Nate McLouth to jam the bases, ending his night. Pineda struck out five, but also ...
Aaron Laffey entered to face Schafer, whose single to right field got the Braves even at 3. The hit was just Schafer's fifth against a left-hander this season. Laffey struck out Heyward on a pitch in the dirt before McCann's base hit to right gave the Braves the lead.
NOTE: The Braves activated Hanson from the 15-day disabled list to make the start and optioned RHP Jairo Asencio to Triple-A Gwinnett.
Director general of the BCC, Adam Marshall, defended the right of firms to speak out when practical questions affecting their business remained unanswered.
The list covers subjects including VAT, tariffs, customs and regulations. The BCC said companies were no clearer on these critical issues than they were immediately after the referendum.
The last 10 days have seen a number of high-profile businesses, including Airbus and BMW, warn that further investment in the UK was already under review and that leaving the EU without a deal could see production relocated.
Some cabinet ministers have dismissed these, but the director general of the BCC, Adam Marshall, defended the right of firms to speak out when practical questions affecting their business and the livelihoods of millions remained unanswered.
Over the past two years, businesses have been patient, Mr. Marshall said.
Now, with the time running out ahead of the UK's exit from the EU, business patience is reaching breaking point.
It's time for politicians to stop the squabbling and the Westminster point-scoring - and start putting the national economic interest first.
A UK government spokesperson said: We're confident of getting a good deal with the EU to ensure trade remains as free and frictionless as possible.
Ministers continue to work closely with business to understand their concerns, and by successfully negotiating the implementation period with the EU until December 2020, companies can carry on trading with confidence on the same terms as they do now.
Last month, the BCC cut its UK growth forecast for 2018 from 1.4% to 1.3%, warning that the economy faces its weakest year since the financial crisis.
Uncertainties around Brexit, interest rate rises, threats of trade wars and rising oil prices were all hurting sentiment, the BCC said.
In another development, the Professional and Business Services Council, which represents accountancy firms and legal services, has written to the prime minister expressing fears that its members' interests are not being taken into account in the Brexit negotiations.
Tags: Adam Marshall CEO BCC, Brexit, British Chambers of Commerce, European Union, Theresa May, United Kingdom.
Brit government is weak as water.
What happened to the culture and institutions that produced Churchill?
Hardly, as they will be a major off-shore banking depository totally outside of EU control. Just wait until those chickens come home to roost in the US, then we'll see who is on the right side of history.
President’s Counsel Wijeyadasa Rajapakshe will stand for the Presidency of Bar Association of Sri Lanka. The election for 2012/2013 will be held in February/March 2012.
Rajapakshe has held important positions in the BASL. He also functioned as Chairman of Sri Lanka Press Council, Vice President of World Association of Press Councils, Chairman of Rent Board of Review, Managing Director of ANCL, Director of Rupavahini Corporation, Director of National Film Corporation.
Rajapakshe also held the Chairmanship of the Parliamentary Committee on Public Enterprises (COPE).
He has been conferred with the honorary award of "LMD Sri Lankan of 2007". He won the TOYP award in 1998. The honorary title ‘Damma Neethi Visharada Sasan Vibooshana’ was also conferred on him by the Asgiri Chapter of Maha Vihara. He has obtained an M.Phil from Sri Jayawardanapura University on Buddhist Civilization. H...
He was appointed as a President’s Counsel in 2001. He comes from Walasmulla, Hambantota.
The Building is located in 3800-3810 Executive Way. The zone is PID (Planned Industrial Development) which permitted Clubs/Nightlife, Automobile-related services, Animal services, Agricultural uses, Adult entertainment, General Business, Entertainment, Office, Parking facilities, Multimedia use, Public uses and Educati...
Nearly three dozen heads of government began arriving in this capital city Thursday for for the three-day summit, which opens Friday. The 34 regional leaders are expected to tackle issues from energy to crime and the global economic crisis. The first of the hemispheric gathering was held 15 years ago in Miami.
But this is the first time that pressure has been so strong to bring Cuba back in the fold.
Cuba is not even officially on the summit agenda, but the topic looms large, as more and more Latin American leaders make it clear that they believe Cuba's time of isolation is over.
The timing coincides with new administration of Obama, who on Monday gave Cuban Americans the right to travel freely and send money to relatives to the island. On Thursday, Obama hinted that further steps toward normalized relations could take place if Havana made changes of its own.
Insulza called Washington's lifting of restrictions for Cuban Americans an important step. But, he added, that the OAS General Assembly should repeal the outdated resolution that suspends member states with Soviet alliances.
He said once the resolution is revoked, Cuba would regain its membership, even though the organization in 2001 adopted rules that embrace democracy. In the past, Insulza has said discussions should begin to reincorporate Cuba, but it was the first time his position was so unequivocal.
Insulza said the OAS's democratic charter does not prevent Cuba from rejoining the organization. If the democratic charter is going to be held against Cuba, then that would require a separate suspension on those grounds, he said.
But retired Cuban leader Fidel Castro has already rejected the notion of reintegration to the hemispheric organization. In a column published this week, he decried both Insulza and the OAS.
Castro's brother Raúl, who replaced him as president 14 months ago, spent the day in the Venezuelan city Cumaní with Venezuelan President Hugo Chávez, who is having his own pre-summit meeting with his closest allies just a few miles from Trinidad.
Chávez said he would veto the final declaration due to be issued by this weekend's summit. The declaration is essentially an agreement signed by the 34 member nations of the OAS to outline necessary actions needed to advance common issues in the hemisphere.
Author and educator Matthew Whitaker is once again accused of plagiarizing. Technology is making plagiarism easier to catch and easier to commit.
Author and Arizona State University professor Matthew Whitaker is coming under fire yet again for apparently plagiarizing Wikipedia in a textbook. This is not the first major allegation of plagiarism for the professor who was demoted to associate professor by ASU after a university-sanctioned investigation.
In 2011, Whitaker was accused by several colleagues of plagiarism. According to AZ Central, an investigation by the university at that time “determined he had not committed ‘systematic or substantial plagiarism.’” It was Whitaker’s 2014 book, Peace Be Still: Modern Black American from World War II to Barack Obama, that...
The accusations began after someone compared text of the book to websites containing similar information. In a detailed article published on Inside Higher Ed, excerpts of his book were shown compared to various websites. The results showed not only poor paraphrasing, but even word-by-word exact matches.
Whitaker and others who plagiarize should be mindful that detecting plagiarism is easier than it used to be. Most plagiarism detection software has been limited to typing in text or copy and pasting from Microsoft Word. However, some companies now allow comparison using .pdf, .docx, .odt and .html documents. Simply upl...
Plagiarism by professors in academia is not new, but Whitaker sure has brought it to light thanks to his second offense of such conduct (known second offense). Wikipedia, one of the websites that Whitaker is accused of plagiarizing, has a list of these incidents ranging from academia incidents to politics and journalis...
Plagiarism continues to plague our education system and must be watched carefully. Passing off someone else’s work as your own takes away your ability to be considered an expert or thought leader.
The Office of the Special Adviser on Africa (OSAA) actively participates in the UN internship programme, and regularly hosts student interns with a particular interest in Africa affairs at its Offices at the United Nations Headquarters in New York. About 35 interns have been hosted since the establishment of the Office...
Undertake other assignments as required.
OSAA interns work under the immediate supervision of relevant staff members of OSAA, with the guidance of the two Chiefs of Branch and the Director of the Office, and the overall leadership of the Head of the Office, the Under Secretary-General and Special Adviser on Africa. Internship assignments vary in length (three...
In performing the above tasks, OSAA’s interns made vital contributions to the work of the Office, and are also availed unique opportunities to learn, familiarize themselves with, and enhance their knowledge on topics of interest to them, the work of the OSAA, and of the UN on Africa as a whole. This internship programm...
At the end of their stay, interns prepare and present papers to the staff of the Office on a topic of interest for their work, and on their experience at the Office as a whole. This is followed by interactive discussions. The efforts of interns are highly commended and appreciated.
Going forward, OSAA encourages the participation of students from the African continent in the UN internship programme as whole, as part of efforts towards capacity-building and youth education on Africa and the United Nations.
All internships are advertised on UN Inspira (selection system); a completed online application is required. For further information on requirements and the application process, please see the UN Internships webpage.
Wilson said no one was injured in the incident – neither the students nor Fields.
Wilson said prior to what is shown in the video, the female student was asked to leave the classroom and refused. Wilson said that was when the resource officer was called in.
Wilson said the Sheriff’s Department is in the process of determining what happened. That investigation is being handled internally, including the department’s Internal Affairs unit.
He said the male student has been detained, while the female student has been turned over to her parents.
Calls to Spring Valley High School weren’t answered, but Richland 2 Superintendent Debbie Hamm released a statement about the incident.
At a news conference, Wilson said Sheriff Leon Lott is asking for patience while the incident is investigated.
Hamm said the school and district administrators have begun an investigation into the incident. Wilson said the Sheriff’s Department and the school district will come together to take appropriate action once investigation is complete.
“We are working closely and in full cooperation with the Richland County Sheriff’s Department to conduct a thorough and complete investigation,” said Hamm.
Columbia Mayor Steve Benjamin issued a statement calling for an independent investigation.
Spring Valley High School has two resource officers, and Wilson said another officer will be appointed to assume Fields’ duties during the investigation.
“There is no justification whatsoever for treating a child like this,” said Victoria Middleton, executive director of the ACLU of South Carolina. “Regardless of the reason for the officer’s actions, such egregious use of force – against young people who are sitting in their classrooms – is outrageous. School should be ...
Echoing those sentiments was SC Sen. Joel Lourie, D-Richland, a former Spring Valley student.
“I have watched with horror the disturbing video from Spring Valley high school today. As the father of two children, including a daughter, my thoughts and prayers are with the young lady, her family and the entire Richland 2 community who are all severely hurting right now. I cannot imagine what could have led to such...
Staff writer Glen Luke Flanagan contributed to this report.
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Ellicott Development has removed dilapidated portions of The Cooperage complex on Illinois Street preparing the site for a mixed-use future. Ellicott Development Company purchased the site in February and has demolished all but the 10,000 sq.ft. Pattern Building, a two-story section at the southern end of the site. New...
The two-story Pattern building will house Resurgence Brewing Company. The brewery will feature a two-story tap room with food, beer gardens, and banquet facilities. A 15,000 addition will house Resurgence’s brewing and bottling operations. Its Niagara Street location will remain open.
A three-story, 30,000 sq.ft. building would be constructed along Chicago Street, taking design cues from the Pattern Building. It would contain retail space, a distillery, and twelve upper floors apartments.
Central Rock Gym will occupy the portion of the complex to be constructed behind the Pattern Building. The 21,000 square foot facility will feature a climbing gym with 300 linear feet of bouldering walls (up to 45 feet in height), a dedicated kid’s climbing zone, and a work-out area with state of the art cardio machine...
CJS Architects is designing the project. CJS also designed Ellicott’s mixed-use building nearby at 301 Ohio Street and Savarino Companies/Frontier Group’s Buffalo River Landing further south on Ohio Street. Ellicott Development is also said to be planning a new residential-anchored buildings at Chicago Street and South...
From the northwest corner of Georgia to south of Savannah, businesses are growing and new businesses are moving. Whether it's in the tiny town of White, a bedroom community of Cartersville, or closer to home in Macon, Richmond Hill and Sylvania, all have one thing in common - the Port of Savannah.
The latest newcomer is Ollie's Bargain Outlet, which announced Wednesday it will locate its new Southeast distribution center in Commerce, creating approximately 175 new jobs and investing $14.5 million over the next five years and moving imported product through Georgia Ports.
"Georgia has become a magnet for booming companies who require a strong logistics infrastructure," Gov. Nathan Deal said in welcoming Ollie's, one of America's largest retailers of closeout and excess inventory merchandise.
"This new facility is an example of how Georgia's No.1 business climate can help innovative companies such as Ollie's expand in the United States."
The new distribution center will support the company's plans to expand its footprint in the Southeast. The company anticipates adding 30-40 stores in Georgia over a four-year period beginning this year.
The first Ollie's store was founded in Mechanicsburg, Pa., in 1982. The privately held company operates 154 stores in Pennsylvania, Maryland, Delaware, Ohio, Virginia, West Virginia, New York, New Jersey, North Carolina, South Carolina, Tennessee, Kentucky, Indiana, and Michigan.
Once the nearly 1 million-square-foot distribution center is completed, it will support the company's expansion in Alabama, Georgia, Florida and Tennessee, according to John Swygert, Ollie's executive vice president and CFO.
Chris Carr, commissioner of the Georgia Department of Economic Development, said Georgia's pro-business resources, which include a top-ranked talent pool and a world-class transportation network, are gaining the attention of progressi com ve retailers such as Ollie's.

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