Tuesday, December 6, 2016

Turquoise Hill Resources - TRQ.t

Turquoise Hill Resources - TRQ.t is advancing a 66% interest in the flagship Oyu Tolgoi Project, one of the world's largest copper-gold-silver mines.

The Oyu Tolgoi Project represents an investment of over $ 8 billion

On December 2, 2016 the company released News

Turquoise Hill Resources Ltd.'s Oyu Tolgoi has suspended concentrate shipments to the Chinese border, effective Dec. 1, 2016, following a new requirement at the Chinese-Mongolian border to utilize one joint coal and concentrate crossing route. The new requirement has led to safety and security concerns, as well as unreasonably long waiting times to cross the border. Oyu Tolgoi is seeking to clarify the requirements with the relevant authorities in Mongolia and China.

At present, it is not clear the potential duration of the shipment suspension. The company will update the market in due course as material information is ascertained.


Monday, December 5, 2016

World's most exclusive handbag - $ 185,000

Described as 'the rarest and most desirable handbag in the world' the Herm├Ęs 'Birkin' bag is made from crocodile skin with white gold clasps and studded with diamonds. It went under the hammer in Beverly Hills in 2014 and matched the record $185,000 paid for a red Birkin bag in 2011.

The bag - a Diamond, Matte Himalayan Nilo Crocodile Birkin Bag - is encrusted with 245 diamonds and all the fittings are in 18-carat white gold. Experts say the bag, which is in pristine condition, is the most spectacular one ever made by the Parisian fashion house.
Victoria Beckham is famously fond of Hermes handbags, reportedly owning a collection worth over £1.2 million. Kim Kardashian has so many that she uses one as a gym bag.

Lundin Mining Corporation - LUN.t

Lundin Mining Corporation - LUN.t is a diversified Canadian base metals mining company with operations in Chile, the USA, Portugal, and Sweden, primarily producing copper, nickel and zinc.

Lundin Mining holds a 24% equity stake in the world-class Tenke Fungurume copper/cobalt mine in the DRC.

On November 30, 2016 the company reported NEWS

Lundin Mining Corporation ("Lundin Mining" or the "Company") (TSX:LUN)(OMX:LUMI) provides the following production guidance for the three-year period of 2017 through 2019, 2017 cash costs, capital and exploration expenditure guidance, as well as five-year guidance for our Candelaria operation. Key highlights are as follows:
•Attributable copper production guidance for 2017 and 2018 from mines operated by the Company has increased from last year's three-year guidance on an improved production profile at Candelaria.
•Zinc production guidance for 2017 and 2018 has been improved from last year's three-year guidance primarily on operational improvements at Neves-Corvo achieved in 2016. The zinc production profile assumes plant capacity continues at current levels and does not yet include potential additional zinc production from the Neves Corvo Zinc Expansion Project (ZEP) pending its formal approval.
•Cash costs are expected to be lower year-over-year in 2017 at Candelaria and Neves-Corvo, and unchanged at Zinkgruvan. Eagle cash costs will be higher than 2016 but remain low on the cost curve.
•Estimated costs to complete the Los Diques tailings facility at Candelaria have been further reduced by approximately $25 million. Expenditures to complete are expected to amount to $135 million in 2017 and $30 million in 2018.


Saturday, December 3, 2016

Treasures of Pompeii

The city of Pompeii is a partially buried Roman town near modern Naples. When Mt. Vesuvius erupted in 79 AD, Pompeii was burned and buried in ash, while nearby Herculaneum was destroyed by the pyroclastic flow.

The area was buried under 4 to 6m (13 to 20 ft) of ash and pumice from the eruption.

Pompeii was lost for 1500 years until its rediscovery in 1599 and broader rediscovery almost 150 years later in 1748. The objects that lay beneath the city have been well preserved for thousands of years.

Diana as an Archer.

A gold bracelet bears an inscription. On its inside face are the words dominus ancillae suae – from the master (dominus) to his slave-girl (ancilla).