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Category Archives: Life Extension

Molino 4-H Member Falls In Love With An Animal. And A Way Of Life. – NorthEscambia.com

Posted: March 21, 2021 at 4:47 pm

submitted by Scott Angle, UF/IFAS

An 1,100-pound heifer can be a little intimidating even if youre not a 60-pound fourth-grader. Fear was no match for Tucker Padgetts fascination, though, when the middle-schooler tending to the animal invited her to jump into the pen to help.

Tucker was at a Santa Rosa County Fair 4-H prep meeting with her goats. UF/IFAS Extension Escambia County 4-H agent Aly Schortinghouse had a hunch that Tucker would find interest in cows, so she had arranged for Tuckers visit to the pen.

It went way beyond interest. Tucker, whos now a seventh-grader who lives in Molino, says she fell in love that day, with an animal and a way of life. The Black Angus named Blake Shelton kissed her. Tucker reciprocated with a fistful of Jolly Ranchers. That night she went home and told her parents she wanted a calf.

The next test was faith. Tucker sold 40 goats and many of her chicks to raise the money to buy a calf from Barnes Feed Store. For a 10-year-old, thats betting the farm.

She named the heifer Baby and worked for months to grow her. She brushed, cleaned, halter-trained and arranged for veterinary checkups. Tucker and Baby went to 14 competitions in Florida and Alabamacounty fairs and jackpot shows. Baby herself turned out to be a jackpot, as she and Tucker earned nearly $5,000 in premiums

Tucker is now a 13-year-old with eight cows and intends to breed them to grow the herd. While shes still fond of Baby, shes not sentimental. Babys not a pet, shes a producer. Tucker is learning about artificial insemination, selecting the bulls to breed her heifers, and arranging for professional techs to impregnate the animals.

The growing herd got the attention of neighbors who moved into Tuckers neighborhood in Molino a year ago. Hunter, 14, started asking questions and developing an interest in beef cattle. His sister Morgan, 12, wants to know more about dairy cows.

Hunter and Morgan havent committed to an animal yet, but theyre learning from a young master, showing up at the barn at 6 p.m. every night where Tucker is teaching them to wash, brush, treat for hair growth, clip, tie and walk the animals.

Tucker is a member of the JFCA and the Northwest Florida Cattlemens Association. She has addressed meetings of both associations to share her story.

Its a classic UF/IFAS Extension 4-H story. Its how a 4-H agent put opportunity in front of a kid, changed her life, and set her on a course to become a leader. The early signs are there in the hours Tucker now spends daily not only tending to her animals but extending that opportunity to others of her generation.

Pictured top: Tucker Padgett with J. Scott Angle, the University of Floridas vice president for agriculture and natural resources, during the UF/IFAS leaders visit to the area in December 2020. Pictured inset: Tucker Padgett with her calf, Baby. The pair has gone to 14 competitions in Florida and Alabama, earning nearly $5,000 in premiums. Photos UF?IFAS for NorthEscambia.com, click to enlarge.

Scott Angle is the University of Floridas Vice President for Agriculture and Natural Resources and leader of the UF Institute of Food and Agricultural Sciences (UF/IFAS).

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The U.S. Military’s Nuclear Arsenal Is What Keeps Us Safe – The National Interest

Posted: at 4:47 pm

For the past decade, two administrations and twelve annual sessions of Congress have agreed on a strong bipartisan basis to both modernize the nations nuclear arsenal and simultaneously continue building such weapons in an arms control framework.

In a nation dangerously divided about public policy, such a consensus is a national treasure the country should not lightly give up.

That is not to say there are not some controversial measures in the nuclear modernization of Americas deterrent. But, in fact, key elements have been widely supported with nearly 98 percent of the funding requested for this past decade being approved by Congress.

Leaders of both parties have sought to have arms controlthe New START Treaty of 2010 between the United States and Russia now extended for five yearsthe framework within which the United States maintains its triad of nuclear forces, but with the former designed to accommodate our deterrent requirements, not the other way around.

To that end, 92 percent of all United States nuclear forces are governed by the New START rules.

But the New START rules assume the United States will build twelve Columbia-class submarines that never have to be re-fueled, saving billions over their expected sixty-year lifetime.

And acquire at least one hundred B-21 stealth bombers which give the United States an extraordinary coverage of adversary targets we need to hold at risk, while at the same time New START special counting rules do nothing to impinge on the conventional bomber force.

As well as buying the Ground-Based Strategic Deterrent, a new intercontinental ballistic missile (ICBM), replacing Minuteman, and which will last through 2075, with a remarkable modular capability that will cut maintenance costs in some areas by fully 70 percent, while meeting the upgraded Strategic Command deterrent requirements. One key House vote in 2019 was a resounding 266166 in favor of proceeding with the ICBM modernization plan.

Not only are the three triad platforms being fully funded by Congress, but the two additional long poles in the tent have also secured very widespread support. In a world of growing cyber concerns, the nuclear forces need a new nuclear command and control network, known as NC3, and this applies to all elements of the triad whether legacy or modernized systems.

In addition, the National Nuclear Security Administration (NNSA) has been working to stabilize the warhead life extension and nuclear fuel and pit production infrastructure that the country had let deteriorate. Over the past decade, a number of remarkable public servant leaders at NNSA have moved much of the NNSA business to being on schedule and within budget, a not insignificant accomplishment.

Since the United States first fielded a nuclear triad of ICBMs, submarine-launched ballistic missiles (SLBMs), and strategic bombers, twelve administrations, six Republican and six Democrat, have resisted calls to eliminate the ICBM force, cut the number of submarines significantly, or eliminate the cruise missile for the U.S. bomber force.

Policy ideas such as no first use have also been rejected, as well as the de-alerting of U.S. missiles, both land- and sea-launched.

Since 1962, when the first Minuteman missile went on alert on the day President John F. Kennedy revealed there were Russian nuclear-armed missiles in Cuba, U.S. missiles have been on alert for some seventy million minutes, and not once has the president ever ordered the missiles to be launched.

As Kennedy revealed after the Cuban missile crisis, Minuteman was my ace in the hole that prevented Armageddon.

One particularly important factor in the current decade-long progress in nuclear modernization has been relatively strong and consistent funding. Despite the Budget Control Act, the nuclear forces modernization programs secured strong funding, which allowed marked progress in upgrading the U.S. deterrent.

A critical element in Congressional support was also the consensus understanding that over the long haul, fully 50 percent of Americas nuclear costs are simply to maintain nuclear legacy system that are variously going to be between forty-two to sixty years old prior to replacement. Congress recognizes that the current U.S. nuclear deterrent force is the oldest since the dawn of the nuclear age some seventy-five years ago.

And as such further realizes that the prompt attention to modernization will save considerable resources, as sustainment costs of the to be replaced legacy systems continue to escalate.

This is why Americas defense leaders, especially the vice chairman of the joint chiefs, have urged Congress to move modernization forward at the speed of relevance.

Critical to the success so far is that despite some differences, the four previous Nuclear Posture Reviews, or NPRs, going back to just after the end of the Soviet empire, contained widespread agreement on the path forward.

Finally, consensus also exists in how Congress views the threat. It is understood Russia has modernized 92 percent of its long-range nuclear forces while fully 55 percent of its overall nuclear arsenal comes under no formal arms control limits.

And that China while shielding its nuclear forces from scrutiny, is now projected to at least double and probably redouble its nuclear arsenal in the next five years.

Consensus and agreement are hard to achieve in Washington. But with respect to Americas nuclear deterrent, which is the nations most important priority and the bedrock upon which all U.S. security rests, a bipartisan agreement remains and must continue to guide us through the next decades.

Peter Huessy is president of Geo-Strategic Analysis of Potomac, Maryland, a guest instructor at the U.S. Naval Academy on nuclear deterrence history, and the creator of a nearly four-decade-long series of Hill nuclear deterrent breakfast seminars.

Image: Reuters.

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SXSW 2021 Interview: WE ARE AS GODS Directors Jason Sussberg And David Alvarado On The Man Who Wants To Revive The Mammoth – ScreenAnarchy

Posted: at 4:47 pm

The documentary We Are As Gods focuses on Stewart Brand, a fascinating man whose main current obsession is de-extinction. Brand supports the idea of bringing back various extinct species and restoring ecosystems. His most ambitious project involves the woolly mammoth, a close species (the Asian elephant) and technology for gene editing. The incredible theory claims that the "rebirth" of the "mammoths" could counteract the alarming consequences of global warming in the Siberian region.

In We Are As Gods, documentary filmmakers Jason Sussberg and David Alvarado tackle Brand and partners project, even accompanying him to Siberia. At the same time, they shine a light on people, sometimes close to Brand, who question the notion of de-extinction. At one point, for example, they make the obligatory cinematic reference to the classic Jurassic Park, where "playing God" certainly brings disastrous consequences.

We Are As Gods is a complete portrait of Brand, an influential visionary. At the beginning hes described as a kind of Zelig (Woody Allen) or Forrest Gump (Tom Hanks), because hes been involved in several important chapters of modern history. In the 1960s, Brand lived in San Francisco, California, where he was part of the Merry Pranksters, friends and followers of Ken Kesey (writer of One Flew Over the Cuckoo's Nest. The heyday of psychedelic drugs (Can you pass the acid test?) and Grateful Dead music, the development of the counterculture and the hippie movement.

Brand contributed to the growth of environmental awareness: he pushed for a photo of the entire Earth, taken from space, to be published for the first time (Why haven't we seen a photograph of the whole Earth yet?). He also created the publication Whole Earth Catalog, a famous source of information considered "the Google of its time."

Admired by Steve Jobs, Brand always had a fascination for technology and his contributions were decisive in the personal computer revolution. Today he still thinks ahead, focused on building a clock that will last 10,000 years and, of course, on making it possible for mammoths to walk the planet again in several hundred years.

Ahead of the world premiere of We Are As Gods at SXSW 2021, directors Sussberg and Alvarado shared their thoughts on Brand, drugs, climate change, scientific advances, and de-extinction.

ScreenAnarchy: Why do you make documentaries about science, technology and people who think about the distant future?

Jason Sussberg (JS): Were interested in science and technology, a lot of that leads itself to futuristic ideas. Its definitely a discipline thats not like history or social sciences which tend to look backwards; science and technology is very much about our modern world that we inhabit but it also has a step in the future. The most interesting stuff to us is the leading edge of science, using technology to do extraordinary things: life extension or bringing back extinct animals.

David and I love that Arthur C. Clarke quote: science at a certain point is indistinguishable from magic. Because we can fly on airplanes, picking up a cellphone, or were on this Zoom call. Its an extraordinary, magical ability, its telepathy but its not, its telepresence, because of technology, the scientists and physicists that did all the hard work that lay the path for the technologists to be able to build awesome products.

Thats the world that were drawn to, but theres not just the technology, its about the people at the center of it and their emotional stories. Were definitely drawn to the charismatic personalities at the center of these extraordinary abilities.

David Alvarado (DA): As filmmakers, were also interested in making sure that science plays a role in democracy, you cant have a healthy democracy without a scientifically literate population. Telling stories in this space is really important.

How did you conceive WE ARE AS GODS?

JS: Ive been a fan of Stewart Brands work since I can remember, when I was 18 I read one of his books and I ran across an old Whole Earth Catalog. After we finished The Immortalists about life extension scientists who are trying to live forever, Stewart had launched this project called de-extinction. When I first read about it I was like holy shit! Theyre going to bring back animals from extinction, this is like Jurassic Park.

In 2013, we made this video on Stewart and the de-extinction movement for Time magazine. After that, we asked Stewart: can we make a film about your life and de-extinction? And he passed on it actually. We went and made Bill Nye: Science Guy and then came back to Stewart.

We went to Skywalker Sound in Northern California, we showed Stewart our film Bill Nye: Science Guy. We got to tour the facilities, afterwards we couldnt go watch the movie because we got bombed by Star Wars: The Last Jedi. To kill time for the next two hours, we ended up getting a bottle of wine and having dinner, we were at this beautiful location and we got to know each other. Stewart watched and liked the movie, then the next thing you know we pitched him on doing the film and he said yes.

DA: Stewart has been a little bit of a hermit, he doesnt really go out and look for press. Which probably explains why he was telling us that he wasnt interested in the film. Now hes in his eighties, I think he was at the right time to think about his life and how people will think about what hes done. He told us that The New York Times technology writer John Markoff is writing the biography.

And there hasnt been a better time: one of the most pressing parts of his life and one of his best projects is this de-extinction project, because thousands upon thousands of species are constantly dying because of the imprint that humanity has on the environment. At what point do we start to become aware of that and start to revert the actions? If a dodo bird is killed off, what is the responsibility of humanity to reverse that action that we ourselves did? Its not a question that We As As Gods really answers, its a question that the film asks. We hope that the audience continue to talk about that question after the film is over: what is the role of humanity in repairing the damage that we ourselves have done to the environment?

In an age of one-sided documentaries, why was important to show both sides of the de-extinction debate?

JS: Not taking a side is not because of some journalist balance or any sort of quest for objectivity. Its because life is not simple, life is not black and white, its not for and against. The loudest people in the room are on Twitter having passionate cases, but in reality everybody is nuanced, we live in the shades of grey, so film should live in the shades of grey.

One of the reasons David and I take these big, bold topics, like life extension, a personality like Bill Nye or de-extinction, is because theyre amazing, really fascinating topics that need to be talked about. If were going to be living thousands of years, my God, shouldnt we explore what would that entail? If we are going to bring back a wholly mammoth, its not fair to just say yeah lets do it, or to be hammering against it. These are issues that deserve a hearing through film, debate, and discourse.

On a personal level, which side of the debate are you on?

DA: We should absolutely be developing ways to prevent and reverse some species. If you care about conservation, if you care about there being only so many black-footed ferrets or white rhinos left, that kind of technology to diversify the gene pool of the remaining animals and thereby prevent extinction is great, just like we did with the California condor.

Whether or not we should have wholly mammoths around? I mean, its an interesting question. It would be really awesome to see a wholly mammoth, if somebody resurrected one, put it in the wild and it was living a happy life, it wasnt being tortured or anything like that, I would take an airplane and go see that. I dont have any opinion whether thats the most important project worked on right now. It certainly is a fascinating one.

What do you think of the recreational use of LSD and other drugs? A notorious scientist and professor uses heroin regularly.

JS: That sounds like Carl Hart, we actually had the pleasure of interviewing him about his thoughts on drugs. He uses heroin presently, talks about the positive benefits of drugs.

DA: I wouldnt suggest kids do it or anything like that, but I definitely think LSD is really interesting, how it can open your mind in different ways. Like any other drug, it shouldnt be abused, but Im fascinated by adult drug use and what that can do for expanding peoples minds.

JS: The interesting thing about Stewart, to go back to what he was doing at the time (the 1960s), was that he started using LSD back when it was actually state-sanctioned. There was a whole movement to have psychiatrists give people this drug, and it wasnt just for people who were sick or needed medicine but it was actually for healthy normal people to see if it could actually help spark creativity. And it did exactly that, then it escaped the laboratory and they started using it in culture, it became a fixture in the counterculture.

Now its having a renaissance moment but its not through a countercultural movement, its actually through people like Michael Pollan writing books about it, about how to change your mind. Its been promoted by podcasters like Tim Ferriss, whos funding actual studies in Boston about depression treatment. Its a good thing.

As Stewart would say: drugs are a technology. Something that we can use to help people, to spark creativity and to become as gods, which is the point of our movie: we have these God-like abilities, and absolutely LSD factored into our ability to break through barriers of our own perception. Its awesome, drugs are awesome, thats the pull quote... Im kidding, dont do that (laughs).

What do you think of how we talk about climate change?

DA: Climate change is one of the most important issues right now. The de-extinction of animals in order to help fight carbon emissions, thats super interesting. Slowing down our carbon emissions is likely not enough, so say the scientists. Well, its time to start trying to reverse it somehow.

Solar geoengineering and carbon capture are now becoming more and more a part of the solution, but so too is trying to rebalance the ecosystems, specially when the ecosystems are the way theyre now because of human mistakes. To me it feels very clear: if part of your house catches on fire, put the fire out and then repair the damage. I know its more complicated than that, but just by analogy that feels like what people like Stewart are talking about. That makes sense, I feel like thats the right direction to be moving.

Stewart Brand was vital in the personal computer revolution. How important is to introduce him to new generations?

JS: Computers at the time in the 1980s, maybe even in the 1970s, were seen as this cold, hostile, IBM, corporate megaloads. Stewart was able to take this thing that really didnt have a personal angle and create the aura of this new technology helping people: instead of being the great oppressor, this force that enslaves you, technology can be, in personal computers, a great liberator. When we were doing the research, people were saying that that turn of phrase, the personal computer, the PC, was a Stewartism, because it was the first time it appeared in print: Stewart had written for Rolling Stone this idea of computers coming to the people. That really was a rallying cry, that you could use this new technology to empower people to write their own books, to live a DYI lifestyle, to code their own existence.

Technology is now overreached, Silicon Valley has created this renewed IBM culture of being enslaving us in a way. Facebook is now the new IBM. Google whose phrase was dont be evil, is now doing exactly the opposite of what they set out to do. David and I are hopeful that theres a younger generation of hackers and coders who look back at the founding fathers of their industry: Stewart, Kevin Kelly and other founding fathers of personal computers, to use new technology thats going to actually act as a great liberator, maybe thats the blockchain, it might actually capture this spirit. Theres a hungry audience out there, that is looking to capture that vibe of information being free, using tools for spiritual and personal satisfaction, away from this IBM oppressor that were currently in. I hope kids watch We Are As Gods, I hope new techies are learning where they came from and where we can go.

A version in Spanish of this interview was also published at Cinema Inferno

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SXSW 2021 Interview: WE ARE AS GODS Directors Jason Sussberg And David Alvarado On The Man Who Wants To Revive The Mammoth - ScreenAnarchy

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Global Gold Exploration Snapshot: Eight companies on the move – The Northern Miner

Posted: at 4:47 pm

With golds reputation as a store of value and recent gold-focused merger and acquisition activity, there is renewed investor interest in companies active in this exploration, development and production space. Below we profile eight companies focused on the precious metal.

American Creek Resources

American Creek Resources (TSXV: AMK; US-OTC: ACKRF) holds a 20% carried interest in the Treaty Creek gold-silver project in northwest B.C.s Golden Triangle. Tudor Gold (TSXV: TUD) holds a 60% interest in the project and is the operator while Teuton Resources (TSXV: TUO) also owns a 20% share. Both American Creek and Teutons interests are carried until they receive a production notice for the project they would then be required to contribute their 20% shares of development costs.

In March, Tudor announced an initial resource estimate for the Goldstorm and Copper Belle zones at Treaty Creek. Total resource figures feature 815.7 million measured and indicated tonnes at 0.66 gram gold per tonne, 3.6 grams silver per tonne and 0.06% copper that contain 19.4 million gold-equivalent ounces. Inferred resources add 311.7 million tonnes grading 0.72 gram gold, 4 grams silver and 0.05% copper and host an additional 7.9 million gold-equivalent ounces.

The pit-constrained measured and indicated resource includes 609.8 million tonnes grading 0.72 gram gold-equivalent, host to 14.2 million gold-equivalent ounces. Additional in-pit inferred resources stand at 139.4 million tonnes at 0.77 gram gold-equivalent, containing 3.5 million gold-equivalent ounces.

This year, Tudor plans to continue drilling Goldstorm to define the limits of its component zones with additional work scheduled for the Eureka and Perfect Storm areas.

Tudor Golds initial metallurgical test work suggests excellent gold recoveries to a gravity and flotation concentrate with no deleterious elements, according to the company.

The 179-sq.-km property borders Seabridge Golds (TSX: SEA; NYSE: SA) KSM project to the southwest and Pretium Resources (TSX: PVG; NYSE: PVG) Brucejack property to the southeast.

In the Kamloops mining district in south-central B.C., American Creek owns the Austruck-Bonanza gold-silver-copper project. The property is in the southern extension of the prospective Quesnel Trough.

At the end of February, American Creek completed the spinout of the Dunwell property in the Golden Triangle, among other mineral assets to Stinger Resources (TSXV: STNG) in exchange for 45 million shares of Stinger. These shares were distributed to American Creek shareholders on a pro-rata basis.

American Creek Resources has a $121.3 million market capitalization.

Goliath Resources

Goliath Resources (TSXV: GOT; US-OTC: GOTRF) is a junior explorer with a portfolio of properties in B.C.s Golden Triangle and in Quebecs Abitibi greenstone belt. The company may earn up to a 100% interest in the Golddigger and Lucky Strike projects in the western province and holds the Nelligan East and West properties in Quebec.

At 238.6 sq. km, Golddigger is 30 km southeast of Stewart and lies along the Eskay Rift. The 4-sq.-km Surebet zone discovery on the site is approximately 8 km southwest of Fury Gold Mines (TSX: FURY) Homestake Ridge project and lies within a shear zone. Surebet is made up of northwest to southeast-trending structures with gold-silver mineralization in an alteration halo. Approximately 1,000 metres of its strike is exposed at surface as well as 500 metres of vertical relief with an inferred down-dip span of 1,000 metres. Goliath expects this zone to cover 2 km of strike.

The exploreco has defined 11 drill targets along the 1,000-metre strike of Surebet, with an additional target identified at the East Splay zone, approximately 200 metres away.

In November, Goliath announced channel sample assays from the Main and Upper Main Waterfall zones at Surebet. Highlights from the Main Waterfall area include 15.1 metres of 7.64 grams gold per tonne, 382 grams silver per tonne, 0.04% copper, 0.83% lead and 0.52% zinc (13.05 grams gold-equivalent). In 2020, Upper Main Waterfall returned a 10-metre interval of 14.11 grams gold.

Both of these areas remain open and are now ready for drilling Goliath is planning to complete an initial drill program at Surebet this year.

In March, Goliath completed a $2.9 million non-brokered financing with Eric Sprott and Crescat Capital Sprott and Crescat now own 8.3% and 9.9% of the company.

The companys 315.1-sq.-km Lucky Strike property in B.C. is south of the Golden Triangle and hosts an outcropping gold-copper-moly porphyry system. Highlights from 2019 drilling included 20.7 metres of 0.39 gram gold-equivalent. Results from last years geochemical program suggest a large porphyry system at the site.

The Nelligan East and West holdings are in the Chibougamau-Chapais mining camp. Nelligan Easts western boundary is 8 km east of the past-producing Joe Mann mine, where Dore Copper (TSXV: DCMC; US-OTC: DRCMF) may earn up to a 100% interest. Nelligan West is 30 km from the Nelligan gold project under an earn-in to joint venture agreement between Iamgold (TSX: IMG; NYSE: IAG) and Vanstar Mining Resources (TSXV: VSR; US-OTC: VMNGF).

Goliath Resources has a $31 million market capitalization.

Pit operations at New Golds Rainy River gold mine in northwestern Ontario. Credit: New Gold.

New Gold

New Gold (TSX: NGD; NYSE: NGD) is a two-asset gold and copper producer, with its Rainy River open pit mine in Ontario and the New Afton block cave in B.C.

This year, Rainy River is expected to generate 275,000 to 295,000 gold-equivalent oz. at all-in sustaining costs of US$1,125 to US$1,225 per gold-equivalent ounce. New Afton is expected to generate 52,000 to 62,000 oz. of gold and 56 million to 66 million lb. of copper (165,000 to 195,000 gold-equivalent oz.) at AISCs of US$1,225 to US$1,325 per gold-equivalent ounce. These numbers would bring total expected output for 2021 to 440,000 to 490,000 gold-equivalent ounces.

Over the next four years (by 2025), the miner expects to grow its production to the 575,000 gold-equivalent oz. a year level as the Rainy River underground and New Afton C-zone come on-line. Company-wide AISCs are expected to trend down to approximately US$800 per gold-equivalent oz. by 2025. New Gold expects this production schedule to generate an estimated US$1.5 billion in free cash flow over the next five years, assuming US$1,800 per oz. gold, US$3.25 per lb. copper and US$20 per oz. silver.

At Rainy River, the focus this year is on underground decline development to the Intrepid zone, with the first ore level accessed in the first quarter, and on refining the underground mining plan ahead of first underground production that is scheduled for 2022. An economic study is also underway to evaluate a stand-alone underground mine at the site that could extend the mine life beyond 2028. Exploration at Rainy River is focused on the North East trend target, where two coincident geochemical and geophysical anomalies have been defined within a 15 km structural corridor.

First production from the deeper New Afton C-zone is expected by the second half of 2023. This year, the company expects to spend US$80 to US$110 million on growth capital at the mine the majority of this spend will go towards C-zone development and tailings facility construction and stabilization. A 10,000-metre exploration program at the Cherry Creek area, 3 km from the New Afton mill, started last year, with over 6,500 metres completed in the fourth quarter of 2020, targeting near-surface epithermal and porphyry-style mineralization.

In March, the producer announced a $24.8 million investment in Harte Gold (TSX: HRT; US-OTC: HRTFF), giving it a 14.9% stake in the Ontario focused single-asset producer.

New Gold also has an 8% gold stream on the first 280,000 gold ounces produced from Artemis Golds (TSXV: ARTG) Blackwater project, declining to 4% thereafter.

New Gold has a $1.5 billion market capitalization.

Prime Mining

Prime Mining (TSXV: PRYM; US-OTC: PRMNF) is working to advance the 63-sq.-km Los Reyes low-sulphidation epithermal gold-silver Los Reyes project in Mexicos Sinaloa state into production.

Last April, Prime published an updated pit-constrained oxide resource for the site, based on a heap leach processing scenario, with 19.8 million measured and indicated tonnes grading 1 gram gold per tonne and 26.15 grams silver per tonne (1.31 gram gold-equivalent), containing 833,000 gold-equivalent ounces. Inferred resources add 7.1 million tonnes at 0.78 gram gold and 29.95 grams silver (1.14 gram gold-equivalent) for a further 261,000 gold-equivalent ounces.

The resource remains open with an additional eight to ten high-grade unexplored discoveries at the site. Over 17.5 km of mineralized strike has been outlined at the project to date, 40% of this strike has been explored to date.

In mid-March, Prime announced that it had filed an application for an additional 75 sq. km of mineral rights, the El Rey claim block, that adjoins the eastern and northeastern boundaries of Los Reyes.

Also in March, the company released initial results from a 15,000-metre diamond drill program at Los Reyes. Assays from the Guadalupe East area included 20.1 metres of 3.25 grams gold and 380 grams silver at approximately 320 metres below the surface as well as 3.8 metres of 3.69 grams gold and 305.1 grams silver from the San Nicholas vein, below the resource. Mapping and sampling at the Mina 20/21 area also discovered a historic mining zone. The chip sampling returned a number of mineralized intervals, including 3 metres of 29.8 grams gold and 1,132 grams silver.

Five drills are working at the site. Primes exploration strategy includes upgrading the inferred resource with 1,500 metres of shallow drilling; expanding the resource along strike and down-dip with 3,500 metres of drilling; and defining new targets in unexplored areas 5,000 metres of drilling is underway. The company has also completed trenching to infill and grow the resource and is completing 3,500 metres of surface trenching to outline new targets.

Past operators spent over US$20 million on exploration and engineering at the site over a 25 year period.

Prime Mining has a $249 million market capitalization.

Tanzanian Gold

Tanzanian Gold (TSX: TNX; NYSE: TRX) is derisking and advancing the Buckreef gold project in Tanzania through the scale-up of an operating oxide plant at the site while also completing a feasibility for underlying sulphides.

The company expects to expand the plant from its current pilot run rate of five tonnes per hour to 40 tonnes per hour in the next 12 months, to reach a gold production rate of 15,000 to 20,000 oz. a year.

Longer term, Tanzanian Gold is looking to establish a significant sulphide operation at Buckreef, with feasibility study results expected in the next 12 to 18 months.

In February, the company released initial metallurgical test results on the sulphide component of Buckreef diamond core samples grading between 0.54 gram and 19.4 grams gold suggest gold recoveries of between 85.3% and 95.4%. The proposed flowsheet includes crushing, grinding and flotation, regrinding and cyanidation to produce dore.

The Buckreef deposit hosts measured and indicated resources of 35.9 million tonnes grading 1.77 grams gold per tonne, containing 2 million gold oz. and an inferred resource of 17.8 million tonnes at 1.11 grams gold, for a further 635,540 ounces.

Mineralization at the Buckreef deposit has been traced over 1,200 metres of strike at the Main zone and to depths of over 500 metres. Tanzanian Gold says it sees considerable exploration upside at the site.

Buckreef lies in north-central Tanzania, 40 km southwest of the town of Geita, and within the Archean-age Lake Victoria Greenstone belt. The State of Tanzania operated Buckreef as an underground mine in the late 1980s. Barrick Golds (TSX: ABX; NYSE: GOLD) Bulyanhulu mine and AngloGold Ashantis (NYSE: AU; JSE: ANG) Geita mine are within a 65 km radius.

The Tanzanian government holds a 45% interest in the project. Tanzanian Gold is the majority shareholder and operator. Buckreef is made up of a 16-sq.-km Special Mining License (SML) and 12 prospecting licenses that cover 98.2 sq. km. The SML is permitted for oxide and sulphide operations.

Over the past four months, Tanzanian Gold has announced management moves to help move the company from the explorer category to the developer and producer tiers. In February, geoscientist Andrew Cheatle was named chief operating officer and in December, Stephen Mullowney joined the company as CEO.

In February, the company closed a stock offering, for net proceeds of US$19.8 million.

Tanzanian Gold has a $220.8 million market capitalization.

Drills on site at Tanzanian Golds Buckreef gold project in Tanzania. Credit: Tanzanian Gold

Torex Gold

Torex Golds (TSX: TXG) flagship asset is the 290-sq.-km Morelos gold property in Guerrero state, Mexico. The project includes the operating El Limon Guajes mining complex, with three open pits and an underground mine, a processing plant, as well as the Media Luna underground deposit, 7 km from the plant.

This year, Torex expects El Limon Guajes to produce 430,000 to 470,000 gold oz., at all-in sustaining costs of US$920 to US$970 per ounce.

The producer is working on a feasibility study for Media Luna, expected in the first quarter of 2022, ahead of first production targeted for 2024. Together with the feasibility, Torex plans to release an updated mine plan for El Limon Guajes.

The Media Luna deposit includes 12.6 million indicated tonnes grading 5.55 grams gold per tonne, for a total of 2.2 million gold-equivalent oz. and 33.5 million inferred tonnes at 4.23 grams gold, containing 4.6 gold-equivalent ounces.

As part of its Media Luna technical work, Torex is looking at both a conventional mine design as well as at a mine plan that would use the companys proprietary Muckahi mining system. This year, the miner expects to spend US$125 million to US$150 million in non-sustaining capital to advance Media Luna and complete development work at El Limon Guajes, which includes a third portal to reduce underground haul distances. The majority of this years US$90 to US$100 million investment in Media Luna is intended for a 7-km tunnel and for a portal that would allow access to upper portions of the deposit from the south.

The Muckahi mining system, developed by Torex, features conveyor-based transport of broken rock from a stope to surface using an overhead monorail up ramps with an approximate incline of 30 degrees. Last year, the company successfully demonstrated that the individual system components were able to move rock. This year, Torex plans to field test the components as a single system in the upper portions of El Limon Deep.

Aside from these two mining centres, approximately 75% of Morelos remains unexplored. This year, Torex is planning to spend US$2.5 million on regional exploration.

Torex Gold has a $1.4 billion market capitalization.

The SART plant (foreground) at Torex Gold Resources El Limon-Guajes gold mine in Mexico. Credit: Torex Gold Resources.

Victoria Gold

Victoria Gold (TSX: VGCX) is ramping up its Eagle gold mine in the Yukon. The heap leach mine reached the commercial production milestone in July 2020 and is expected to generate 180,000 to 210,000 oz. of gold this year at all-in sustaining costs of US$1,050 to US$1,175 per ounce.

As part of its Project 250k the company is working to grow its output to 250,000 oz. a year by 2023. Victoria is looking at options such as year-round stacking onto the leach pad, screening fines before crushing and lowering the cut-off grade and increasing the amount of material hauled directly to the leach pad. Currently there is no stacking to the Eagle leach pad between January and March due to the cold Yukon weather.

At the same time, the growing miner is also looking to extend the Eagle mine life. While a 2019 technical report outlined an operation producing over 210,000 gold oz. a year over a plus-ten-year life, Victoria has its sights set on a mine life extension out to 2040, dubbed Project 2040.

The Eagle mine lies within the 555-sq.-km Dublin Gulch property and is made up of the Eagle and Olive deposits. Current reserves across the two total 155 million tonnes grading 0.65 gram gold per tonne, for a total of 3.3 million gold ounces.

This year, Victoria expects to spend $12.5 million on exploration. There is potential upside for resource and reserve growth near-mine and at regional targets. The Eagle pit, planned to a depth of 350 metres, hosts mineralization to depths of up to 650 metres. Victoria is also planning to infill the Olive deposit and drilling 10,000 metres at Eagle, targeting mineralization below and around the pit.

Regional targets include Nugget and Raven (with 14,000 metres scheduled between June and October), Lynx, VBW/Falcon and Olive-Shamrock. Victoria also plans to complete trenching and collect soil samples across its property.

In December, Victoria reported drill results from Lynx, with near-surface highlights of 153.8 metres of 0.49 gram gold and 11.9 metres of 1.26 grams gold. Novembers drillhole assays from Raven included 19 metres of 3.95 grams gold and 13.2 metres of 3.05 grams gold.

Victoria Gold has a $807.6 million market capitalization.

Westhaven Gold

Westhaven Gold (TSXV: WHN) is exploring for gold at its 176.2-sq.-km road-accessible Shovelnose project at the southern edge of the Spences Bridge gold belt in B.C., 30 km south of Merritt. The company sees potential for a low-sulphidation epithermal system at the site.

Drilling completed between 2018 and 2020 has defined three major vein systems at the site associated with four areas of high-grade gold-silver mineralization. The largest, Vein zone 1, has been traced over 4 km of strike and includes the FMN, Franz and South areas; Westhaven has also hit high-grade gold at the Lear target.

In March, the company reported results from its 43,166-metre 2020 drill program at Shovelnose. Drill highlights included 6 metres of 2.36 grams gold per tonne and 98.42 grams silver per tonne from FMN; and 0.6 metre of 6.05 grams gold and 148 grams silver from Franz. At FMN (a December discovery), gold and silver has been traced over 200 metres of strike while Franz (discovered in September) has been defined over 650 metres. With a 600-metre gap between FMN and Franz, drilling is ongoing to test this strike.

The December FMN assays included 19.9 metres of 2.62 grams gold and 139.75 grams silver.

At the South zone, a 2018 discovery, drilling has hit the three gold-bearing vein zones. Drillholes completed in 2019 returned 15.5 metres of 4.8 grams gold and 61.21 grams silver and 12.7 metres of 39.31 grams gold and 133.11 grams silver. An initial resource for the South zone is expected this year.

In March, Westhaven closed a $15 million bought deal. This year, the explorer plans to drill over 40,000 metres. This work will focus on Vein zone 1.

The company also holds the Skoonka North, Skoonka Creek and Prospect Valley projects along the 110 km Spences Bridge belt, with a total land position of 370 sq. km along the belt.

Westhaven Gold has a $75.7 million market capitalization.

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The Best Places To Shop For Health Supplements Online – styledemocracy.com

Posted: at 4:47 pm

Shopping in-store may not be ideal these days, so if youre looking for health and nutrition supplements online, weve got you covered. Check out all of these online shops to get your vitamins delivered right to your door. From probiotics to multivitamins, and more, youll find everything you need.

Well.cais your go-to site for all of the health and nutrition products that you need in your life. Browse through the entire category of vitamins and supplements to find exactly what youre searching for.

Martin Clinic is all about servingits customers through awesome products,quality information, andultimately helping people live a life full of energy and health.

Feel confident when ordering from Nutrition House. The company goes the extra mile in manufacturing, testing, and verifying each of the products they sell. Theres such a variety of products to browse from mens and womens health, heart health, stress management, and more.

Vitasave is a Canadian-owned and operated natural health company. It carries something for everyone, withover 7,500natural health products across more than250 brands, including vitamins, supplements, food, pet care, and lifestyle products.

The Health Depot has you totally covered with all of your health essentials. Not only can you shop over 15,000 products online, but you can also speak directly to a live agent on the site about all of your health needs.

When it comes to manufacturers, Vite Pro chooses only those who have the highest quality ingredients and will provide the most benefit for its customers lifestyle needs. All of the most trusted brand names can be found on the website!

Achieve your goals with the best nutritional products that science can offer. Check out Life Extension to become an expert in your bodys unique needs by browsing information about the science of wellness, right at your fingertips!

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Parts of the TTC are apparently being held together with duct tape – blogTO

Posted: at 4:47 pm

Between overcrowding, technical issues, hours-longdelaysand more, Torontoniansusuallyhave a lot to complain aboutas far as the TTC is concerned or at least did during thepre-COVID era when more of us were riding the rocket.

But the things going on behind the scenes in at least one portionof the system that is on its way out may be worse than commuters even know.

According to a report about the aging Line 3 Scarborough RT that was recently obtained in partby CTV News,the line has well surpassed its purported service life of 30 years, leading to some haphazard bandaidsbefore it is decommissioned in a few years' time to be replaced by a proper subway.

The documentcites "heavily worn" brakes, parts of which "display signs of corrosion," as well as other componentsthat are "in poor condition" and need "urgent attention."

This includes the wiring of the trains, some of which is actually currently being held together and poorly sealed with duct tape, the report revealspart of the "piecemeal approach used in maintenance" of thesix-station (including both terminuses), 6.4 km-long, 36-year old line.

Details like this arepart of the reason that TTC staff are asking that the RTbe taken out of use earlier than planned, even if it means residents have to ride buses for years in the interim before the Scarborough Subway Extension is complete in 2029-2030.

It is also noteworthy that the report, titledIntegrity Assessment for Life Extension, is from all the way back in 2016, begging the question of whether things havedeteriorated even more since.

City Councillors who support the idea of trying to replace the line with new LRT infrastructure rather than build thesubway, which will be more expensive and service less of the area, are now demanding it be released to the public.

Despite this somewhat scary news of the true state of Line 3, things in general for TTC riders have been looking up lately, with multiple new lines in the works, contactless card payment and other solutions potentially on the wayanda young new commissioner in charge.

As for the RT, we may also be seeing its raised tracks eventually turned into some cool new public green space reminiscent of New York City's High Line.

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Global Garlic Extract Supplement Market Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020 to 2025 KSU | The Sentinel Newspaper -…

Posted: at 4:47 pm

The latest study titled Global Garlic Extract Supplement Market Growth 2020-2025 published and collated by MarketsandResearch.biz features an analysis of the present-day and historical scenario of the global market. The report specifies all aspects of the global industry, covering current as well as upcoming technical and financial details of the market. The report elaborates information on the important market trends, challenges, and growth factors pertaining to the global Garlic Extract Supplement market. The research also offers insightful information as to how the global market would develop and expand over the projection tenure, from 2020 to 2025. It comprises significant information related to different product definitions, market classifications, geographical presence, and players in the industry chain structure.

NOTE: Our analysts monitoring the situation across the globe explains that the market will generate remunerative prospects for producers post COVID-19 crisis. The report aims to provide an additional illustration of the latest scenario, economic slowdown, and COVID-19 impact on the overall industry.

Important Market Dynamics Discussed In The Report:

Additional indicators like key market drivers, growth trends, growth areas, probable opportunities of the market, market estimates, and forecasts at the regional and country-level as been included in the report. The research document studies prominent manufacturers of the market and discusses factors such as organization profiles, production, cost, sales, product specification, potential, and other essentials. The study spots light on dynamics about various aspects of the global Garlic Extract Supplement market, which assists various companies found in the market in strategizing business plans and decisions. Growth prospects of the global market are highlighted in the report. In addition, an estimation of statistics pertaining to the said market in terms of value and volume is given.

DOWNLOAD FREE SAMPLE REPORT: https://www.marketsandresearch.biz/sample-request/145985

Some prominent players in the global market comprise the following: Nature Made, 21st Century, Natures Bounty, Life Extension, ZHOU Nutrition, Allimax International, Now Foods, Swisse, Solaray, Healthy Options, Carica, Blackmores, Nutra-Life, Healthy Care, Dr. Willmar Schwabe,

Based on the type of product, the global market segmented into: Tablets, Capsules, Soft Gels,

Based on the end-use, the global market classified into: Supermarket/Hypermarekt, Online Retail, Department Store, Drug Store, Others,

Based on geography, the global market segmented into: Americas (United States, Canada, Mexico, Brazil), APAC (China, Japan, Korea, Southeast Asia, India, Australia), Europe (Germany, France, UK, Italy, Russia), Middle East & Africa (Egypt, South Africa, Israel, Turkey, GCC Countries)

A detailed description of future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments, and other latest industrial developments has been included in the report. The report encompasses the global Garlic Extract Supplement market analysis scenario, pricing analysis, revenue, growth stimulators, and most importantly the statistical figures to assist in getting a clear picture of the market status on both the regional and global platforms.

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Contact UsMark StoneHead of Business DevelopmentPhone: +1-201-465-4211Email: [emailprotected]Web: http://www.marketsandresearch.biz

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Global Garlic Extract Supplement Market Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020 to 2025 KSU | The Sentinel Newspaper -...

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SDSU Extension to Cover Dry Cow Therapy in Spanish at CPDE – Yankton Daily Press

Posted: at 4:47 pm

BROOKINGS SDSU Extension will once again offer educational programming in Spanish at the 2021 Central Plains Dairy Expo (CPDE) in Sioux Falls.

Maristela Rovai, assistant professor and SDSU Extension dairy specialist, along with Raul Mendoza, a South Dakota commercial dairy farm herdsman, will present "Dry Cow Therapy: Aim, Applicability and Advice" ("Terapia de Secado: Objetivo, Aplicabilidad y Recomendaciones").

"One of the most important concerns during the dry-cow period is the high gland susceptibility to intramammary infections (i.e., mastitis)," says Rovai. "It is estimated that over 40% of all antibiotics used are during the dry-off period."

To ensure cow comfort and udder health during the dry-off period, Rovai says several protocols are available that may include prophylactic antimicrobials and teat sealants. The use of these intramammary tubes requires hygiene, care and consistency at the time of application. While producers and veterinarians are responsible for choosing the best dry-off treatment for each farm, employees are accountable for ensuring protocols are followed.

Dry cow therapy may seem simple, but it requires proper training for the employees," Rovai says.

Rovai and Mendoza will present Thursday, March 25, at 2:30 p.m. CST. Both presenters are veterinarians by training from Brazil and Mexico, respectively. The hands-on portion will include real cow udders to apply the knowledge acquired in the presentation, plus real-life examples to share with attendees.

Held at the Denny Sanford Premier Center, CPDE attracts approximately 4,000 dairy-focused individuals to the event each year. Rovai says a significant portion of farmworkers that attend are Hispanic or Latino, whose primary language is Spanish.

When you live and work in a foreign country, you tend to enjoy the conversations and seminars presented in your native language. Some Spanish speakers are very comfortable communicating in English, however, others have to make an extra effort to communicate and follow in English," Rovai says. "As educators, we use resources to engage the audience and teach them important work-related applications. The seminar in Spanish also will attract, involve and empower Hispanic employees. The seminar will provide more knowledge and will boost employee morale within the workplace."

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SDSU Extension to Cover Dry Cow Therapy in Spanish at CPDE - Yankton Daily Press

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Ludwig Ahgren: The Twitch Livestream Subathon – The New York Times

Posted: at 4:47 pm

On Sunday afternoon around 2 p.m., Ludwig Ahgren, a Twitch streamer in Los Angeles, turned his camera on and began streaming. He hasnt stopped.

Over the past five days Mr. Ahgren has maintained a near constant livestream of his life. He plays video games, chats, cooks, eats and sleeps, all on stream. In the evenings, he hosts movie nights with his viewers. Mr. Ahgren lives with five roommates and his girlfriend, and some of them also play a role on camera, helping him cook or working out together.

He even streamed himself in the shower (with shorts on).

All of this is part of what is known on Twitch as a subathon. A subathon is a short period of time when a streamer will engage in certain activities or stunts to accrue paid subscriptions to his or her channel. Some streamers set numeric goals. For instance, if they reach 2,000 new subs, theyll eat something spicy on camera or play a particular game for fans.

Mr. Ahgren, 25, structured his subathon so that every new subscription adds an additional 10 seconds to a clock that dictates how long hell stream. When Mr. Ahgren set things up this way, he imagined that hed be streaming for 24 hours max, maybe 48. Five days later, his subathon stream has blown up and become the top stream on Twitch, driving tens of thousands of new subscriptions daily as fans pay to see how long he can go. He has gained more than 40,000 new subscriptions since he began streaming.

The weirdest thing is every time I wake up, it feels like it gets bigger and bigger, Mr. Ahgren said. Last night, I went to bed with 30,000 viewers and 60,000 subs. I woke up and I was at 70,000 viewers and 70,000 subs.

Thats because as Mr. Ahgren sleeps, an army of fans works overtime to maximize his subscribers. They chat and play YouTube clips and videos for one another to keep the channel entertaining. Mr. Ahgrens name has trended on Twitter twice in the past week, both times while he was asleep.

At night, the rest of us do his content for him, said a 21-year-old college student who goes by Happygate and acts as one of Mr. Ahgrens moderators. We try to keep everyone excited and highly motivated to see this go on as long as possible.

The sleep streams have been really interesting, said Stephen Seaver, 15, a high school student in Georgia. Basically what happens is his mods thats short for moderators get on a Discord call and theyre calling and talking the entire time, shilling out of their mind for subs. The idea is that its funny, while hes sleeping the timer is going up.

Sleep streams have become popular throughout the pandemic on Twitch and TikTok, where fans say they enjoy the late-night pop-up communities that sleep streams facilitate. Creators like them because theyre able to make money literally while they sleep.

I fell asleep on stream last night and became the most watched streamer on Twitch, Mr. Ahgren tweeted on Monday. What the hell is even that. Later Monday evening, Twitch wished Mr. Ahgren Goodnight from its official Twitter account.

Twitch, which has been owned by Amazon since 2014, has seen a rapid surge in popularity over the past year. The site had already expanded from a place where gamers could broadcast their play of Fortnite and Call of Duty into a broader platform that included lifestyle, cooking and political streams. The coronavirus pandemic accelerated that growth as people stuck at home looked for online entertainment.

Erin Wayne, head of community and creator marketing at Twitch, said that streams like Mr. Ahgrens were becoming more prevalent on the platform. Its the idea of multiplayer entertainment, where the community is able to impact the content that a creator makes, will continue to grow in popularity, she said. The person consuming the content is able to directly impact, and, in some cases, dictate what happens in the content they consume. Its so inherently unique to Twitch. I think thats why these types of marathons or subscriber streams are so popular.

Mr. Ahgrens stream can be seen as an extension of the trend of creators monetizing more and more parts of their lives, from daily decisions on what to eat or wear to who they should hang out with. Streams like his can generate a deeper connection with fans, who view the subathon as a collective community experience.

No matter what time of day you tune in, his stream is up and running, and youll see many familiar faces in chat, Nathan Grayson, a gaming reporter, wrote at Kotaku. Its only been running for three days, but it already feels like comfort food.

It was this type of comfort and connection that Mr. Seaver said drew him in. Even though the content of the stream might not be particularly special, its the fact that youre all part of this community watching this really rare event, he said. You get to watch Ludwigs entire life for days. Its not great for him, but you get so much content out of it and you get that you as a community got together and were able to see this thing happen.

As a result, more and more people have been able to earn a living through streaming on the platform full time, with a handful of the highest-earning streamers making more than $1 million a year, according to a September study by the online lender CashNetUS.

Twitchs growth mirrors the overall boom in the gaming industry in 2020. Stay-at-home orders combined with the release of a new generation of video game consoles from Microsoft and Sony in November led to a financial bonanza; gamers spent a record $56.9 billion last year in the United States, up 27 percent from 2019, according to the NPD Group.

While Mr. Ahgren has already made six figures off his stream, he has encouraged his young fans to be responsible with their money. Ive been just telling them, Hey, dont use your stimulus check on me, he said. Make sure your bread is right before giving it away.

No one knows how long Mr. Ahgren can go. Other Twitch streamers have streamed relatively continuously for over 31 days, but Mr. Ahgren said he couldnt imagine things would get to that point.

He does have a trip coming up to visit his girlfriends family in a week several hours north, so hes hoping things will end before then. If it doesnt, hell have to figure out a way to take his stream on the road. I think this is a cool, once-in-a-lifetime experience, Mr. Ahgren said of his stream. Im kind of excited every day to wake up because its never going to happen to me again.

Kellen Browning contributed reporting.

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Anglo aims at further 10 year life extension of SA iron ore assets; open to consolidation – Mining MX

Posted: February 27, 2021 at 3:32 am

ANGLO American intended to extend its mining operations held in Kumba Iron Ore by a further ten years to bring it in line with the groups 25 year average life of mine.

Kumba announced earlier this week that it had approved a R3.6bn project which would see it mine at its flagship Sishen mine to 2039. Including existing extension projects, this latest project increased mine life by six years.

We would like to push out the life by another 10 years, he said. Exploration is very important [in the Northern Cape province]. He added that Anglo would be prepared to enter into cross-border consolidation with other regional miners.

We would join up with others if that makes sense in order to share exploration. We have people thinking in smart ways about the right places to go and this is on the agenda.

EXCHANGE CONTROLS

Cutifani also hailed steps by South Africa to modernise its system of exchange controls saying the development created a single balance sheet and made investment in the country easier to conduct.

The Minister for Finance [Tito Mboweni] has done a helluva job to deregulate the market. He deserves great credit, said Cutifani during the UK-listed groups annual results presentation to media on Thursday. Weve got more flexibility.

Mboweni said in the National Treasurys 2020 budget speech last year that steps would be taken over a year-long to adopt a capital flow management system. He said on Wednesday, during his 2021 budget address that other structures affecting exchange control would be tackled.

I have worked in South Africa since 2007 and the single most important issue has been exchange control. So the changes are massive. This is a critical step as there is only one balance sheet which is important to future investment.

South Africa accounted for 55% of Anglo Americans earnings before interest, tax, depreciation and amortisation (EBITDA) in its 2020 financial year from a normal contribution of between 30% to 40%, partly owing to the strength of iron ore and platinum group metal (PGM) prices.

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