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EVERY MORNING, TheJournal.ie brings you the nine things you need to know as you start your day…
1. #CHINA VISIT: Today marks the final day of Chinese vice-president Xi Jinping to Ireland. Xi will this morning visit Áras an Úachtaráin to meet Michael D Higgins, and attend a forum on trade and investment between Ireland and China. Not everyone has been thrilled with the visit, though: Joe Higgins and the Irish Anti-War Movement have complained about the “obsequious” welcome afforded to Xi.
2. #GREECE: Today’s a big day for the euro. Michael Noonan will be joining finance ministers from the other 16 eurozone members in Brussels later today, where they’ll decide on whether to sign off on Greece’s second €130bn bailout. Without the deal, Greece will default on loans which fall due next month.
3. #BANK OF IRELAND: The only Irish bank outside of state ownership has reported a major drop in its pre-tax losses for 2011, losing €190m last year compared to €950m the year before. The bank’s operating profit before impairment charges, however, fell – with the amount of debt written off rising compared to 2010.
4. #VATICAN EMBASSY: It’s the row that won’t go away. Archbishop Diarmuid Martin has suggested that Ireland could still reopen its Vatican embassy, albeit “in a leaner way” - telling RTÉ that the Holy See and Italian embassies could perhaps share a building. The government has been forced to again assert that it has no plans to reverse the closure of its mission to the Holy See.
5. #WHISTLEBLOWERS: The Irish Times reports that legislation is to be published in draft form this week which will allow temporary employees to make “protected disclosure” without recrimination from their employers – just weeks after one HSE whistleblower was laid off, and then reinstated, after raising fears about the welfare of mental health patients.
6. #GRANTS: The High Court will this week rule on whether changes to the third-level grant system introduced by the previous government should be reversed. Budget 2011 changed rules so that many students, in particular postgraduates, were no longer entitled to the same level of grants they already received – and the High Court has granted a judicial review on whether to roll them back.
7. #SUN ON SUNDAY: When Rupert Murdoch promised the launch of a Sunday edition of The Sun, few expected that it would arrive quite so quickly: but the front of today’s edition says the first Sun on Sunday one will be going on sale this coming weekend.
8. #MEXICO: The death roll from the major prison riot in Mexico has now risen to 44. The riot broke out yesterday – but it’s now been suggested that the riot may have been a cover-up for a major prison break. A security official told AP that the fight between two blocks – each of which has 750 inmates – could have been a ploy to distract officers while others tried to escape.
9. #YUM: Don’t all jump at once, now. A Dutch scientist has promised to produce the world’s first “test-tube hamburger” later this year, using meat grown entirely from a cow’s stem cells. Proponents of the idea claim the technology could ultimately allow humans to enjoy meat without having to kill animals, and can also cut down on distribution costs.
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Quick , get it out of the ground before some hippy makes a propaganda film about it , then gets all the other scroungers to quote it verbatim as ‘evidence’ of why you shouldn’t do this.
Thank god its not Cavan,it would run away!
They say it was worse than expected but still they are going to mine!!come off it,they found something worth while and want to hide it..
I bet after 10 years it will be “we didn expect as much”
We’re rich, we’re rich, we’re stinking focking rich!!
We’re not rich, we won’t see a nugget I’m afraid. Not a red cent either.
got me pan, me gun ,boots im staking a claim,and ill tell ya .leave me be i tell ya. leave me be
There’s gold in dem hills
Sold off another natural resource to the hands of the wealthy like the oil,gas and fisheries beforehand. No benefit to the states citizens or reducing national ponzu scheme debt.
Actually Conory Gold is an Irish company who employ Irish people.
how do i get there…………..my horse dont know way,,,so he tells me,i think hes after the claim himself he dont fool me
Where’s me shovel and pan!!!
Oil…gold…gas…we’re rich…..rich I tellz ya…
Will be off no benefit to the country – no doubt the minister in charge will have received a brown envelope to create tax loopholes!!
Deres gold in dem dar hillz!
Aw I was going to say that XD
KEY FEATURES of Fiscal Framework for mining
Sole right of working minerals vested in the • State
Royalties fixed by individual agreement. • Currently a percentage of net revenues for base metals, and on tonnage extracted in the case of industrial minerals
Private mineral owners receive • compensation
Corporation Tax at 25% for mines, and • 12.5% on income and chargeable gains from general trading
Capital allowances include exploration and • development expenditure, expenditure on plant, machinery, buildings, up to 100%
Immediate write-off of exploration and • development expenditure
Cost of rehabilitation after closure is tax • deductible
Royalts and dead rent range from 1% – 3.5%
Give it to Shell
The basic facts were not covered by the article were:
(a)How deep is the gold? ( ie: will it be an open pit or underground operation?)
(b) What grams/ton grade is initial drillings
(c) Is it narrow vein or broadcast?
(d) If open pit, what amount of overburden (waste) has to be first removed.
This non-specific type of article gives goldmining a bad name because it
does not critically look at the economic viability of gold mining and makes
the assumption, without adequate facts that a mine is possible.
Mine design and plant details will be obvious once the gold resource is
qualified by JORC drilling. As yet there has been no published results
except hear-say.
Cheers
Moorookamick
Your last paragraph make the first pointless..
What’s the name of the company who hit the contract for the gold that’s actually found, probably ends in Stein or Berger, or maybe even feller or child, heimer. Need I go on?
have your say