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Elon Musk (AP photo) Elon Musk seems to be very upset with the raging debate on H-1B visas. Almost since the past one week, he has been vociferously defending H-1B visas. A heated exchange erupted on X (formerly Twitter) between Elon Musk and Steven Mackey, identified as a Trump supporter, over the contentious issue of H-1B visas and immigration reform. The disagreement began when Mackey shared a video of Musk discussing the limitations of traditional education, which Musk described as a creativity-stifling "mental straight jacket." Mackey used Musk's words in the context of the H-1B debate, tweeting, “Stop trying to optimize something that shouldn’t exist. Let’s optimize H1-B,” implying a need for reform within the program. Musk responded sharply, defending the H-1B program: “The reason I’m in America along with so many critical people who built SpaceX , Tesla, and hundreds of other companies that made America strong is because of H1B. Take a big step back and F*** YOURSELF in the face. I will go to war on this issue the likes of which you cannot possibly comprehend.” Mackey subsequently attempted to clarify his position, stating his admiration for Musk while asserting his right to disagree. He acknowledged the existence of "extreme abuse" within the H-1B system, calling for a fair resolution and suggesting that Musk, Vivek Ramaswamy , and the Dogecoin community could contribute to the reform discussion. Donald Trump backs Elon Musk on H-1B visas As the debate goes fiercer, Elon Musk may have just received the biggest vote in his favour on the issue. President-elect Donald Trump threw his support behind Elon Musk and his endorsement of H-1B visas, even as the contentious issue continued to stir heated debate within the MAGA community . In a surprising move, Trump, who had previously expressed opposition to H-1B visas, sided with Musk in the ongoing debate. In an interview with the New York Post on Sunday, December 29, Trump declared, "I’ve always liked the visas, I have always been in favor of the visas. That’s why we have them." Trump went on to emphasize his personal experience with the program, stating, "I have many H-1B visas on my properties. I’ve been a believer in H-1B. I have used it many times. It’s a great program." This statement came even as MAGA hardliners lashed out at figures like Musk, accusing them of manipulating Trump for their own gain by arguing that skilled foreign workers are essential for maintaining American leadership in technology. This exchange underscores the ongoing debate surrounding immigration policies, particularly within the tech industry, where the H-1B visa program is a key issue. While Musk's stance strongly supports the role of skilled foreign workers, his interaction with Mackey has sparked further discussion about the future of US immigration reform.The standard Lorem Ipsum passage, used since the 1500s "Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum." Section 1.10.32 of "de Finibus Bonorum et Malorum", written by Cicero in 45 BC "Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium, totam rem aperiam, eaque ipsa quae ab illo inventore veritatis et quasi architecto beatae vitae dicta sunt explicabo. Nemo enim ipsam voluptatem quia voluptas sit aspernatur aut odit aut fugit, sed quia consequuntur magni dolores eos qui ratione voluptatem sequi nesciunt. Neque porro quisquam est, qui dolorem ipsum quia dolor sit amet, consectetur, adipisci velit, sed quia non numquam eius modi tempora incidunt ut labore et dolore magnam aliquam quaerat voluptatem. Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam, nisi ut aliquid ex ea commodi consequatur? Quis autem vel eum iure reprehenderit qui in ea voluptate velit esse quam nihil molestiae consequatur, vel illum qui dolorem eum fugiat quo voluptas nulla pariatur?" Thanks for your interest in Kalkine Media's content! To continue reading, please log in to your account or create your free account with us.
EDITOR'S NOTE: The original version of this piece was published in November 2019 as The Nassau Guardian observed its 175th anniversary. By Bahamian standards of longevity, The Nassau Guardian has been around since King Hammer was a hatchet, as the old saying goes. And that’s a mighty long time! Indeed the oldest continuously operating institutions in this country today are the legislature, the Anglican Church, the police force, the Baptist then Presbyterian then Methodist churches followed by (after a gap of about 50 years or so) The Nassau Guardian in 1844. From then to now, The Guardian has been an integral part of the life of The Bahamas, not only as a purveyor of pure news (if there is ever such a thing) and chronicler of our history but as a major shaper of public opinion over the past 180 years on a multitude of things, large and small. I offer some reflections on The Guardian ’s evolution over that timespan. Broadly speaking, The Guardian ’s history can be divided into: (1) the Moseley era (from the founding of the newspaper in 1844 until the mid-point of the 20th Century, give or take a few years, and (2) what might be described — unimaginatively, I admit — as the post-Moseley era (from 1955 to the present). The Moseley era (1844 –1955) The dominant figure in The Guardian ’s Moseley era was not its founder and first editor, Edwin Charles Moseley, but rather his granddaughter, Miss Mary Moseley (she died a spinster with neither chick nor child). About 20 years ago, in a piece I wrote on the July 1926 hurricanes, I described Mary Moseley (1878-1960) in these terms: No other woman, before or since, has exercised such influence on public opinion in The Bahamas. Moseley was a woman of many parts, not all of them in harmony with each other. She was (in no particular order) an exemplar of Victorian virtue; a true patriot and staunch supporter of the British Empire (she had received an MBE while in England for services to convalescing British soldiers in World War I); a racial bigot; a woman of great compassion for the poor and needy; doyenne of Bahamian journalists; walking encyclopedia of Bahamian history; publisher and editor of the very first Bahamas Handbook in 1926; pioneering advocate for environmental conservation and civic beautification; and among other social positions, a leading light of the Bahamas Chapter of the Imperial Order of the Daughters of the Empire to which none but the cream of white society dared beg admittance. She was, for certain, an immensely gifted writer with a distinct leaning towards the use of lyrical prose even in her news stories. One striking example would be furnished in her description of the July 1926 hurricane as it was preparing to barrel into Nassau, observing how: “.... the mighty silk cotton trees which with almost uncanny insight promptly shed their leaves and stood gaunt and stripped for battle against the awful strokes of the gale.” Of greater consequence, Moseley was the local media’s voice for what Aaron Burr would have called in his time the “best blood of the country”. She was convinced that it coursed through the veins of the two dominant and closely-leagued political figures of the early 20th Century Bahamas: the speaker of the House of Assembly and the leading member of the legal profession, Harcourt Malcolm (with whom Moseley shared a close friendship and a consuming passion for Bahamian historical research), and Sir George Gamblin, the local head of the Royal Bank of Canada and, next to Malcolm, the most influential member of the House of Assembly. This pair constituted the twin-head of the local political aristocracy (soon to be joined by A.K. [Sir Kenneth] Solomon). Making no apologies for it, Mary Moseley was their most formidable promoter and ardent defender. The Guardian , however, was not all about local politics and international affairs. Thrice weekly, it also covered the births, christenings, betrothals, marriages, anniversaries, scholastic achievements, travels, soirees, amusements, sporting and recreational activities and the illnesses and deaths of the ruling class. Moseley’s Bahamas, as perceived through the lens of The Guardian , was strictly upper crust and, even more so, lily-white. Back then if you wanted to get caught up on what colored folk – 80-85 percent of the population – might be up to in their social lives, you would have to read The Tribune. Moseley had no time for such trifles. The Guardian in the Moseley era became increasingly conservative and uncompromisingly supportive of the racialist policies of the local oligarchy, especially from the 1930s. (By contrast, its nemesis, the Nassau Daily Tribune, under Etienne (later Sir Etienne) Dupuch, was the crusader-in-chief for social reform, racial equality and liberal causes generally, all while maintaining a steadfast loyalty to crown and empire). It was ironic that The Guardian should have cast itself in this rearguard role, considering its genesis. The founder of the newspaper, the first of the Moseleys in The Bahamas, had emigrated from England to work for The Argus, an unabashedly racist and inflammatory newspaper which, under its editor, George Biggs, had been the most outspoken and virulent of the local proponents for the retention of slavery in the run-up to Abolition in 1834. The story that has come down, and there is no reason to think it apocryphal, is that the original Edwin Moseley was so revolted by the racism of The Argus that he declined to take up his appointment, becoming a teacher instead at the recently established King’s College (under the auspices of King’s College, London). Located just off East Street and East Hill Street where the Royal Victoria Hotel would later be established, the school was an intriguing, if ultimately unsuccessful, social experiment for its time, with its consciously non-racial admissions policy and its racially balanced group of shareholders and board of directors. But that is a story for another time. Suffice it to say here that after a few years teaching, E.C. Moseley (as he was referred to) segued into the journalistic career that would occupy the rest of his working life, all of it at The Guardian. Despite the liberalism on race that was evident at the founding of The Guardian , it would not endure. Under Mary Moseley, The Guardian would become ever more dismissive of all the talk about (and later the outcry from certain quarters for) the curtailment of racial discrimination in the body politic and in the society at large. Moreover, it resolutely supported the maintenance of the status quo in relation to virtually all things political and social. To the end, Mary Moseley remained a creature of 19th Century arch-conservative thinking. (Note: Mary Moseley deserves a full-length biography. She was a remarkable lady, especially for her times and considering - ironically again - the systemic discrimination against women that was a mark of those times. In the meantime, those interested in learning more about her should refer to the short monographs written about her a while back by Ruth Bowe [now Madam Justice Ruth Bowe-Darville]; James Lawlor and the late Benson McDermott, himself a former editor of The Guardian) . The post-Moseley era (1955-present) The beginning of the post-Moseley era saw The Guardian falling into the hands of a group that made it no secret that its singular mission was to preserve and perpetuate the hegemony of the local oligarchy which was at that time coalescing into what would soon become the United Bahamian Party. That The Guardian was in this period essentially a propaganda tool for this group, the soon-to-be ancient regime, is not a matter for serious debate. Moreover, the racist policies of The Guardian became even more blatant than they had been in the Moseley Era. Indeed, Sir Etienne Dupuch, in his autobiography, "The Tribune Story” wrote: “Even as late as 1961, The Guardian emphasized in an advertisement in ‘Editor and Publisher’ that it ‘reaches practically 100% of the WHITE population of The Bahamas” (the word “White” really was in caps). Following the achievement of Majority Rule in 1967 under the Progressive Liberal Party (which both The Guardian and the Tribune had found common cause in vigorously opposing), a non-Bahamian/non-resident group headed by a wealthy American, John Perry, bought T he Guardian . They would continue to hold the majority stake for the ensuing 35 years or so until selling out to its present Bahamian owners about 22 years ago. In the post-Majority Rule part of the post-Moseley era to date (longhand for saying from 1967 to the present), it is, I think, fair to say that The Guardian has, for the most part, placed itself in the middle of the political road in its editorial policy notwithstanding that there have been extensive periods within that time swath when it was routinely dismissed by some as being joined-at-the-hip to the FNM or, if not that, biased towards the party in power. Speculation in the latter regard was no doubt fueled by a cynical perception that the Perry Group and later the present owners saw The Guardian as a business opportunity and/or as a support apparatus for their other, more consequential, business interests rather than a furnace to stoke any crusading zeal over the burning issues of the day that they might otherwise have had. Competing for government contracts for the printing of the official Gazette and the like was also seen by some, post 1967 until the '90s at least, as giving rise to a need to curry favor with the party in power by leveraging a neutral or perhaps only mildly critical editorial policy. Whether there is a kernel or two of truth in that is likely never to be known. It’s not something that lends itself to easy confession nor is it the kind of stuff that ends up in tactful memoirs. Be that as it may, looking at The Guardian today, it is fair, I think, to pronounce the following verdict: It is more balanced and objective in its editorial policy and news coverage than it has ever been before. It’s an equal opportunity exposer and slayer of the corrupt and the incompetent, the pompous and foolish alike, no matter which party is in power. Conversely, there is, in my estimation, no shortage of editorials praising the soundness of new ideas and the goodness of men and women when they do good, no matter which side of the political aisle (or wherever else) they might spring from. Some others may see it differently. I do not. Moreover, in terms of the width and breadth of its non-news subjects, The Guardian is today a far more interesting publication than ever before. Moreover, the social and racial snobbery that disfigured the newspaper in the Moseley Era and first decade of the Post-Moseley Era is long gone. If it is indeed correct that today's Guardian should be characterized in the way I have suggested in the last two paragraphs above, what better footing can there be for the nation’s oldest newspaper as it both celebrates its 180th anniversary and launches itself towards the ever-nearer milestone of its bicentenary in 2044. Congratulations and best wishes!VANCOUVER, British Columbia, Dec. 11, 2024 (GLOBE NEWSWIRE) — Eldorado Gold Corporation (“Eldorado” or “the Company”) today releases its updated Mineral Reserve and Mineral Resource (“MRMR”) estimates as of September 30, 2024. “Our updated Mineral Reserves estimate provides a solid foundation and underpins our production profile over the next decade and beyond,” said George Burns, President and CEO. “We were pleased to increase our Mineral Reserves by approximately 2% overall, driven by increases at the Lamaque Complex and Efemcukuru that extends Reserve mine life significantly and complements our already long mine life assets at Skouries, Kisladag and Olympias. The Lamaque Complex Mineral Reserve increased by 45%, driven primarily by the declaration of an Inaugural Mineral Reserve at Ormaque of 619 thousand ounces. This follows a solid track record of successfully replacing Mineral Reserves since acquiring the asset in 2017 and sets up the Lamaque Complex for the long-term with two underground mines with significant Inferred Mineral Resource conversion potential and exploration upside.” “In addition, at Efemcukuru, we increased Mineral Reserves by 23% resulting in an extension to the mine life by an additional two years to an updated life of mine of eight years. Efemcukuru has been a reliable producer since 2011, and our team remains committed to exploring opportunities to extend mine life further. During 2025, our focus will continue to be on extending the mine life at our existing operations and testing near-mine exploration targets, while seeking a discovery from our highly prospective portfolio of early stage exploration targets in Canada and Turkiye.” The Company’s Proven and Probable gold Mineral Reserves totalled 11.9 million ounces as of September 30, 2024, an increase of approximately 2% from the previous MRMR statement from September 30, 2023. The complete MRMR table and notes can be found at the end of this release. Excluding depletion, the increase in Mineral Reserves is primarily attributable to additions at Kokarpinar South at Efemcukuru as well as an inaugural Mineral Reserve estimate for the Ormaque deposit within the Lamaque Complex. The following table summarizes the period-over-period changes to the Company’s Mineral Reserves: NOTE: Totals may not sum due to rounding. Eldorado’s Measured and Indicated Mineral Resources (“M&I Mineral Resources”) totalled 22.0 million ounces gold, as of September 30, 2024. The Company successfully converted Inferred Mineral Resources to M&I Mineral Resources at Ormaque, within the Lamaque Complex, and at Efemcukuru. The total is offset by depletion at the other operating mines. This resulted in a 3% decrease from the previous MRMR statement from September 30 , 2023. Eldorado’s Inferred Mineral Resources totalled 6.8 million ounces as of September 30, 2024, a 10% decrease from the previous MRMR statement. Detailed MRMR disclosure tables are included at the end of this news release. The following table summarizes the period-over-period changes to the Company’s Mineral Resources: NOTE: Totals may not sum due to rounding. The Company intends to report, and host a conference call led by senior management, as set out in the table below. The Company reserves the right to amend the schedule in its discretion and will inform the market of any changes in schedule. Eldorado is a gold and base metals producer with mining, development and exploration operations in Turkiye, Canada and Greece. The Company has a highly skilled and dedicated workforce, safe and responsible operations, a portfolio of high-quality assets, and long-term partnerships with local communities. Eldorado’s common shares trade on the Toronto Stock Exchange (TSX: ELD) and the New York Stock Exchange (NYSE: EGO). Lynette Gould, VP, Investor Relations, Communications & External Affairs 647 271 2827 or 1 888 353 8166 Chad Pederson, Director, Communications and Public Affairs 236 885 6251 or 1 888 353 8166 Notes: (1) Resource grades are reported undiluted, however resources are assessed for reasonable expectation of economic extraction by applying expected minimum mining shapes. (2) As disclosed in the Q3 2024 Managements Discussion & Analysis, the Certej project has been presented as a disposal group held for sale as at September 30, 2024 and as a discontinued operation for the three and nine months ended September 30, 2024. On October 7, 2024, the Company entered into a share purchase agreement to sell the Certej project. The closing of the disposition is subject to certain conditions. (3) Mineralized shapes based on RPEEE identified based on 2.5 g/t Au COG; within shapes material below incremental COG of 1.0 g/t have been excluded; grades are diluted by must-take material between 1.0 and 2.5 g/t Au. (4) Due to narrow veins, continued conversion of Resources to Reserves at Ormaque will reflect expected lower grades to fully represent mining modifying factors. Notes: (1) Resource grades are reported undiluted, however resources are assessed for reasonable expectation of economic extraction by applying expected minimum mining shapes. (2) As disclosed in the Q3 2024 Managements Discussion & Analysis, the Certej project has been presented as a disposal group held for sale as at September 30, 2024 and as a discontinued operation for the three and nine months ended September 30, 2024. On October 7, 2024, the Company entered into a share purchase agreement to sell the Certej project. The closing of the disposition is subject to certain conditions. (3) Due to narrow veins, any future potential conversion of Resources to Reserves at Ormaque will reflect expected lower grades to fully represent mining modifying factors. Mineral Reserves and Mineral Resources are as of September 30, 2024 The Mineral Reserves and Mineral Resources were classified using logic consistent with the CIM Definition Standards for Mineral Resources & Mineral Reserves (2014) incorporated, by reference, into National Instrument 43-101 – (“NI 43-101”). Sample preparation, analytical techniques, laboratories used, and quality assurance and quality control protocols used during exploration drilling programs are done consistent with industry standards and independent certified assay labs are used. Mineral Reserves are included in the Mineral Resources. The Mineral Reserves and Mineral Resources are disclosed on a total project basis. Measured and Indicated Mineral Resources which are not Mineral Reserves, do not have demonstrated economic viability. With respect to “Inferred Mineral Resources”, there is a great amount of uncertainty as to their existence and uncertainty as to their economic and legal feasibility. It cannot be assumed that all or any part of a “Measured Mineral Resource”, “Indicated Mineral Resource” or “Inferred Mineral Resource” will ever be upgraded to a higher category. Additional information on the Kisladag, Efemcukuru, Olympias, Skouries and Lamaque mineral properties mentioned in this news release (all of which are considered to be material mineral properties to the Company) are contained in Eldorado’s annual information form for the year ended December 31, 2023 and the following technical reports for each of those properties, all of which are available under the Company’s profile at and www.sec.gov: Simon Hille, FAusIMM, Executive Vice President, Operations and Technical Services, is the “qualified person” under NI 43-101 responsible for preparing and supervising the preparation of the scientific or technical information contained in this news release and verifying the technical data disclosed in this document relating to our operating mines and development projects, unless otherwise noted. Additional qualified persons have approved disclosures for specific properties as detailed in “Mineral Reserve Notes” and “Mineral Resource Notes” below. Jessy Thelland, géo (OGQ No. 758)., Director Technical Services Lamaque, a member in good standing of the Ordre des Géologues du Québec, is the qualified person as defined in NI 43-101 responsible for, and has verified and approved, the scientific and technical disclosure contained in this news release for the Quebec projects. There are differences between the standards and terms used for reporting mineral reserves and resources in Canada, and in the United States pursuant to the United States Securities and Exchange Commission’s (the “SEC”). The terms Mineral Resource, Measured Mineral Resource, Indicated Mineral Resource and Inferred Mineral Resource are defined by the Canadian Institute of Mining, Metallurgy and Petroleum (CIM) and the CIM Definition Standards on Mineral Reserves and Mineral Resources adopted by the CIM Council, and must be disclosed according to Canadian securities regulations. These standards differ from the requirements of the SEC applicable to domestic United States reporting companies. Accordingly, information contained in this news release with respect to mineral deposits may not be comparable to similar information made public by United States companies subject to the SEC’s reporting and disclosure requirements. Eldorado reports Mineral Reserves in accordance with CIM Definition Standards. Mineral Reserves for the operating sites (Efemcukuru, Kisladag, Olympias, and within the Lamaque Complex – Ormaque and Triangle) were determined using a long-term gold price of $1,450/oz while Mineral Reserves for the Skouries and Perama Hill projects were determined based on a $1,300/oz gold price. A reserve test is undertaken every year to confirm future undiscounted cash flow from reserve mine plan is positive. The following persons, all of whom are qualified persons under NI 43-101, have approved the disclosure related to the Mineral Reserves for the projects noted below contained within this release: Eldorado reports Mineral Resources in accordance with CIM Definition Standards. All Mineral Resources are assessed for reasonable prospects for eventual economic extraction (RPEEE). The Resource cut-off grades or values (e.g. gold equivalent) are determined using a long-term gold price ($1,800/oz) and modifying factors derived in the resource to reserve conversion process (or by comparison to similar projects for our resource-only properties). These values are then used to create constraining volumes that provide limits to the reported Resources. Resource grades are reported undiluted from within the constraining volumes that satisfy RPEEE. At Efemcukuru, mineralized shapes based on RPEEE identified based on 2.5 g/t Au COG; within shapes material below incremental COG of 1.0 g/t have been excluded; grades are diluted by must-take material between 1.0 and 2.5 g/t Au. Due to the presence of narrow veins, any future potential conversion of Resources to Reserves at Ormaque will reflect expected lower grades to fully represent modifying factors associated with mining. Open Pit Resources used pit shells created with the long-term gold price to constrain reportable model blocks. Underground Resources were constrained by volumes whose design was guided by a combination of the reporting cut-off grade or value, contiguous areas of mineralization and mineability. Eldorado’s Mineral Resources are inclusive of Reserves. The Mineral Resources used a long term look gold metal price of $1,800/oz for the determination of resource cut-off grades or values. This guided execution of the next step where constraining surfaces or volumes were created to control resource reporting. Open pit-only projects (Kisladag, Perama Hill, Perama South, and Certej) used pit shells created with the long-term gold price to constrain reportable model blocks. Underground Resources were constrained by 3D volumes whose design was guided by the reporting cut-off grade or value, contiguous areas of mineralization and mineability. Only material internal to these volumes were eligible for reporting. Projects with both open pit and underground Resources have the open pit Resources constrained by either the permit (Skouries), and pit shell, or by an open pit/underground economic crossover surface, and underground Resources constrained by a reporting shape. (1) Mineralized shapes based on RPEEE identified based on 2.5 g/t Au COG; within shapes material below incremental COG of 1.0 g/t have been excluded; grades are diluted by must-take material between 1.0 and 2.5 g/t Au. The following persons, all of whom are qualified persons under NI 43-101, have approved the disclosure related to the Mineral Resources for the projects noted below contained within this release: Certain of the statements made and information provided in this news release are forward-looking statements or information within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. Often, these forward-looking statements and forward-looking information can be identified by the use of words such as “anticipates”, “believes”, “budget”, “continue”, “estimates”, “expects”, “forecasts”, “foresee”, “future”, “goal”, “guidance”, “intends”, “opportunity”, “outlook”, “plans”, “potential”, “strive”, “target” or “underway” or the negatives thereof or variations of such words and phrases or statements that certain actions, events or results “can”, “could”, “likely”, “may”, “might”, “will” or “would” be taken, occur or be achieved. Forward-looking statements or information are by their nature based on a number of assumptions, that management considers reasonable. However, such assumptions involve both known and unknown risks, uncertainties and other factors which, if proven to be inaccurate, may cause actual results, activities, performance or achievements may be materially different from those described in the forward-looking statements or information. Forward-looking statements or information contained in this release include, but are not limited to, statements or information with respect to: our Mineral Reserves and Mineral Resources; long term prospects for the Lamaque Complex, the sale of the Certej project; exploration opportunities to extend the life of mine at Efemcukuru; 2025 focus on extending mine life, testing near-mine exploration targets and seeking a discovery from prospective early-stage exploration targets; the filing of a new technical report for the Lamaque Complex, the disclosed outlook on long term metal prices; and generally our strategy, plans and goals. We have made certain assumptions about the forward-looking statements and information, including assumptions about: our ability to obtain all required approvals and permits in a timely manner and our ability to comply with all the conditions that are imposed in such approvals and permits; timing of filing of a new technical report for the Lamaque mineral properties; timing, cost and results of our construction and development activities, improvements and exploration; the future price of gold and other commodities and the global concentrate market; exchange rates; anticipated values, costs, expenses and working capital requirements; production and metallurgical recoveries; Mineral Reserves and Mineral Resources; our ability to unlock the potential of our brownfield property portfolio; our ability to address the negative impacts of climate change and adverse weather; consistency of agglomeration and our ability to optimize it in the future; the cost of, and extent to which we use, essential consumables (including fuel, explosives, cement, and cyanide); the impact and effectiveness of productivity initiatives; the time and cost necessary for anticipated overhauls of equipment; expected by-product grades; the use, and impact or effectiveness, of growth capital; the impact of acquisitions, dispositions, suspensions or delays on our business; the sustaining capital required for various projects; and the geopolitical, economic, permitting and legal climate that we operate in (including disruptions to shipping operations and related impacts). Even though our management believes that the assumptions made and the expectations represented by such statements or information are reasonable, there can be no assurance that the forward-looking statement or information will prove to be accurate. Many assumptions may be difficult to predict and are beyond our control. Furthermore, should one or more of the risks, uncertainties or other factors materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements or information. These risks, uncertainties and other factors include, among others, risks relating to our operations in foreign jurisdictions (including disruptions to shipping operations) development risks at Skouries and other development projects; community relations and social license; liquidity and financing risks; climate change; inflation risk; environmental matters; production and processing; waste disposal; geotechnical and hydrogeological conditions or failures; the global economic environment; risks relating to any pandemic, epidemic, endemic or similar public health threats; reliance on a limited number of smelters and off-takers; labour (including in relation to employee/union relations, the Greek transformation, employee misconduct, key personnel, skilled workforce, expatriates, and contractors); indebtedness (including current and future operating restrictions, implications of a change of control, ability to meet debt service obligations, the implications of defaulting on obligations and change in credit ratings); government regulation; the Sarbanes-Oxley Act; commodity price risk; mineral tenure; permits; risks relating to environmental sustainability and governance practices and performance; financial reporting (including relating to the carrying value of our assets and changes in reporting standards); non-governmental organizations; corruption, bribery and sanctions; information and operational technology systems; litigation and contracts; estimation of Mineral Reserves and Mineral Resources; different standards used to prepare and report Mineral Reserves and Mineral Resources; credit risk; price volatility, volume fluctuations and dilution risk in respect of our shares; actions of activist shareholders; reliance on infrastructure, commodities and consumables (including power and water); currency risk; interest rate risk; tax matters; dividends; reclamation and long-term obligations; acquisitions, including integration risks, and dispositions; regulated substances; necessary equipment; co-ownership of our properties; the unavailability of insurance; conflicts of interest; compliance with privacy legislation; reputational issues; and competition. The reader is directed to carefully review the detailed risk discussion in our most recent Annual Information Form & Form 40-F filed on SEDAR+ and EDGAR under our Company name, for a fuller understanding of the risks and uncertainties that affect our business and operations. The inclusion of forward-looking statements and information is designed to help you understand management’s current views of our near- and longer-term prospects, and it may not be appropriate for other purposes. There can be no assurance that forward-looking statements or information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, you should not place undue reliance on the forward-looking statements or information contained herein. Except as required by law, we do not expect to update forward-looking statements and information continually as conditions change and you are referred to the full discussion of the Company’s business contained in the Company’s reports filed with the securities regulatory authorities in Canada and the United States.
BOSTON — Forty years ago, Heisman Trophy winner Doug Flutie rolled to his right and threw a pass that has become one of college football’s most iconic moments. With Boston College trailing defending champion Miami, Flutie threw the Hail Mary and found receiver Gerard Phalen, who made the grab while falling into the end zone behind a pair of defenders for a game-winning 48-yard TD. Flutie and many of his 1984 teammates were honored on the field during BC’s 41-21 victory over North Carolina before the second quarter on Saturday afternoon, the anniversary of the Eagles’ Miracle in Miami. “There’s no way its been 40 years,” Flutie told The Associated Press on the sideline a few minutes before he walked out with some of his former teammates to be recognized after a video of The Play was shown on the scoreboards. A statue commemorating Doug Flutie's famed "Hail Mary" pass during a game against Miami on Nov. 23, 1994, sits outside Alumni Stadium at Boston College. Famous football plays often attain a legendary status with religious names like the "Immaculate Reception," the "Hail Mary" pass and the Holy Roller fumble. It’s a moment and highlight that’s not only played throughout decades of BC students and fans, but around the college football world. “What is really so humbling is that the kids 40 years later are wearing 22 jerseys, still,” Flutie said of his old number. “That amazes me.” That game was played on national TV the Friday after Thanksgiving. The ironic thing is it was originally scheduled for earlier in the season before CBS paid Rutgers to move its game against Miami, thus setting up the BC-Miami post-holiday matchup. Boston College quarterback Doug Flutie rejoices in his brother Darren's arms after B.C. defeats Miami with a last second touchdown pass on Nov. 23, 1984, in Miami. “It shows you how random some things are, that the game was moved,” Flutie said. “The game got moved to the Friday after Thanksgiving, which was the most watched game of the year. We both end up being nationally ranked and up there. All those things lent to how big the game itself was, and made the pass and the catch that much more relevant and remembered because so many people were watching.” There’s a statue of Flutie winding up to make The Pass outside the north gates at Alumni Stadium. Fans and visitors can often be seen taking photos there. “In casual conversation, it comes up every day,” Flutie said, when asked how many times people bring it up. “It brings a smile to my face every time we talk about it.” A week after the game-ending Flutie pass, the Eagles beat Holy Cross and before he flew off to New York to accept the Heisman. They went on to win the 49th Cotton Bowl on New Year’s Day. Boston College quarterback Doug Flutie evades Miami defensive tackle Kevin Fagan during the first quarter of a game on Nov. 23, 1984, in Miami, Fla. “Forty years seem almost like incomprehensible,” said Phalen, also standing on the sideline a few minutes after the game started. “I always say to Doug: ‘Thank God for social media. It’s kept it alive for us.”’ Earlier this week, current BC coach Bill O’Brien, 55, was asked if he remembered where he was 40 years ago. “We were eating Thanksgiving leftovers in my family room,” he said. “My mom was saying a Rosary in the kitchen because she didn’t like Miami and wanted BC to win. My dad, my brother and I were watching the game. “It was unbelievable,” he said. “Everybody remembers where they were for the Hail Mary, Flutie pass.” Mike Tyson, left, slaps Jake Paul during a weigh-in ahead of their heavyweight bout, Thursday, Nov. 14, 2024, in Irving, Texas. (AP Photo/Julio Cortez) In this image taken with a slow shutter speed, Spain's tennis player Rafael Nadal serves during a training session at the Martin Carpena Sports Hall, in Malaga, southern Spain, on Friday, Nov. 15, 2024. (AP Photo/Manu Fernandez) A fan takes a picture of the moon prior to a qualifying soccer match for the FIFA World Cup 2026 between Uruguay and Colombia in Montevideo, Uruguay, Friday, Nov. 15, 2024. (AP Photo/Santiago Mazzarovich) Rasmus Højgaard of Denmark reacts after missing a shot on the 18th hole in the final round of World Tour Golf Championship in Dubai, United Arab Emirates, Sunday, Nov. 17, 2024. (AP Photo/Altaf Qadri) Taylor Fritz of the United States reacts during the final match of the ATP World Tour Finals against Italy's Jannik Sinner at the Inalpi Arena, in Turin, Italy, Sunday, Nov. 17, 2024. (AP Photo/Antonio Calanni) Dallas Cowboys wide receiver Jalen Tolbert (1) fails to pull in a pass against Atlanta Falcons cornerback Dee Alford (20) during the second half of an NFL football game, Sunday, Nov. 3, 2024, in Atlanta. (AP Photo/ Brynn Anderson) Green Bay Packers quarterback Jordan Love, top right, scores a touchdown during the second half of an NFL football game against the Chicago Bears in Chicago, Sunday, Nov. 17, 2024. (AP Photo/Nam Y. Huh) India's Tilak Varma jumps in the air as he celebrates after scoring a century during the third T20 International cricket match between South Africa and India, at Centurion Park in Centurion, South Africa, Wednesday, Nov. 13, 2024. (AP Photo/Themba Hadebe) Columbus Blue Jackets defenseman Zach Werenski warms up before facing the Seattle Kraken in an NHL hockey game Tuesday, Nov. 12, 2024, in Seattle. (AP Photo/Lindsey Wasson) Kansas State players run onto the field before an NCAA college football game against Arizona State Saturday, Nov. 16, 2024, in Manhattan, Kan. (AP Photo/Charlie Riedel) A fan rapped in an Uruguay flag arrives to the stands for a qualifying soccer match against Colombia for the FIFA World Cup 2026 in Montevideo, Uruguay, Friday, Nov. 15, 2024. (AP Photo/Matilde Campodonico) People practice folding a giant United States flag before an NFL football game between the Buffalo Bills and the Kansas City Chiefs, Sunday, Nov. 17, 2024, in Orchard Park, N.Y. (AP Photo/Julia Demaree Nikhinson) Brazil's Marquinhos attempts to stop the sprinklers that were turned on during a FIFA World Cup 2026 qualifying soccer match against Venezuela at Monumental stadium in Maturin, Venezuela, Thursday, Nov. 14, 2024. (AP Photo/Ariana Cubillos) Georgia's Georges Mikautadze celebrates after scoring his side's first goal during the UEFA Nations League, group B1 soccer match between Georgia and Ukraine at the AdjaraBet Arena in Batumi, Georgia, Saturday, Nov. 16, 2024. (AP Photo/Tamuna Kulumbegashvili) Dallas Stars center Mavrik Bourque, right, attempts to score while Minnesota Wild right wing Ryan Hartman (38) and Wild goaltender Filip Gustavsson (32) keep the puck out of the net during the second period of an NHL hockey game, Saturday, Nov. 16, 2024, in St. Paul, Minn. (AP Photo/Ellen Schmidt) Mike Tyson, left, fights Jake Paul during their heavyweight boxing match, Friday, Nov. 15, 2024, in Arlington, Texas. (AP Photo/Julio Cortez) Italy goalkeeper Guglielmo Vicario misses the third goal during the Nations League soccer match between Italy and France, at the San Siro stadium in Milan, Italy, Sunday, Nov. 17, 2024. (AP Photo/Luca Bruno) Cincinnati Bengals tight end Mike Gesicki (88) celebrates after scoring a touchdown against the Las Vegas Raiders during the second half of an NFL football game in Cincinnati, Sunday, Nov. 3, 2024. (AP Photo/Carolyn Kaster) President-elect Donald Trump attends UFC 309 at Madison Square Garden, Saturday, Nov. 16, 2024, in New York. (AP Photo/Evan Vucci) Fans argue in stands during the UEFA Nations League soccer match between France and Israel at the Stade de France stadium in Saint-Denis, outside Paris, Thursday Nov. 14, 2024. (AP Photo/Thibault Camus) Slovakia's Rebecca Sramkova hits a return against Danielle Collins, of the United States, during a tennis match at the Billie Jean King Cup Finals at the Martin Carpena Sports Hall, Thursday, Nov. 14, 2024, in Malaga, southern Spain. (AP Photo/Manu Fernandez) St. John's guard RJ Luis Jr. (12) falls after driving to the basket during the second half of an NCAA college basketball game against New Mexico, Sunday, Nov. 17, 2024, in New York. (AP Photo/Pamela Smith) England's Anthony Gordon celebrates after scoring his side's second goal during the UEFA Nations League soccer match between England and the Republic of Ireland at Wembley stadium in London, Sunday, Nov. 17, 2024. (AP Photo/Kin Cheung) Katie Taylor, left, lands a right to Amanda Serrano during their undisputed super lightweight title bout, Friday, Nov. 15, 2024, in Arlington, Texas. (AP Photo/Julio Cortez) Las Vegas Raiders wide receiver DJ Turner, right, tackles Miami Dolphins wide receiver Malik Washington, left, on a punt return during the second half of an NFL football game, Sunday, Nov. 17, 2024, in Miami Gardens, Fla. (AP Photo/Lynne Sladky) UConn's Paige Bueckers (5) battles North Carolina's Laila Hull, right, for a loose ball during the second half of an NCAA college basketball game in Greensboro, N.C., Friday, Nov. 15, 2024. (AP Photo/Ben McKeown) Get local news delivered to your inbox!
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VANCOUVER, British Columbia, Dec. 11, 2024 (GLOBE NEWSWIRE) -- Eldorado Gold Corporation (“Eldorado” or “the Company”) today releases its updated Mineral Reserve and Mineral Resource (“MRMR”) estimates as of September 30, 2024. “Our updated Mineral Reserves estimate provides a solid foundation and underpins our production profile over the next decade and beyond,” said George Burns, President and CEO. “We were pleased to increase our Mineral Reserves by approximately 2% overall, driven by increases at the Lamaque Complex and Efemcukuru that extends Reserve mine life significantly and complements our already long mine life assets at Skouries, Kisladag and Olympias. The Lamaque Complex Mineral Reserve increased by 45%, driven primarily by the declaration of an Inaugural Mineral Reserve at Ormaque of 619 thousand ounces. This follows a solid track record of successfully replacing Mineral Reserves since acquiring the asset in 2017 and sets up the Lamaque Complex for the long-term with two underground mines with significant Inferred Mineral Resource conversion potential and exploration upside.” “In addition, at Efemcukuru, we increased Mineral Reserves by 23% resulting in an extension to the mine life by an additional two years to an updated life of mine of eight years. Efemcukuru has been a reliable producer since 2011, and our team remains committed to exploring opportunities to extend mine life further. During 2025, our focus will continue to be on extending the mine life at our existing operations and testing near-mine exploration targets, while seeking a discovery from our highly prospective portfolio of early stage exploration targets in Canada and Turkiye.” Mineral Reserves Update The Company’s Proven and Probable gold Mineral Reserves totalled 11.9 million ounces as of September 30, 2024, an increase of approximately 2% from the previous MRMR statement from September 30, 2023. The complete MRMR table and notes can be found at the end of this release. (1) The Company’s total MRMR excludes Mineral Reserves at its non-core Romanian asset (Certej). As disclosed in the Q3 2024 Managements Discussion & Analysis, the Certej project has been presented as a disposal group held for sale as at September 30, 2024 and as a discontinued operation for the three and nine months ended September 30, 2024. On October 7, 2024, the Company entered into a share purchase agreement to sell the Certej project. The closing of the disposition is subject to certain conditions. (2) Depletion declared here are in-situ ounces. Depletion includes the 12-month period of October 1, 2023, through September 30, 2024. Excluding depletion, the increase in Mineral Reserves is primarily attributable to additions at Kokarpinar South at Efemcukuru as well as an inaugural Mineral Reserve estimate for the Ormaque deposit within the Lamaque Complex. The following table summarizes the period-over-period changes to the Company’s Mineral Reserves: NOTE: Totals may not sum due to rounding. (1) The Company reports its MRMR as of September 30, 2024. As such, the change year over year is from October 1, 2023 to September 30, 2024. Mineral Resources Update Eldorado’s Measured and Indicated Mineral Resources (“M&I Mineral Resources”) totalled 22.0 million ounces gold, as of September 30, 2024. The Company successfully converted Inferred Mineral Resources to M&I Mineral Resources at Ormaque, within the Lamaque Complex, and at Efemcukuru. The total is offset by depletion at the other operating mines. This resulted in a 3% decrease from the previous MRMR statement from September 30th, 2023. Eldorado’s Inferred Mineral Resources totalled 6.8 million ounces as of September 30, 2024, a 10% decrease from the previous MRMR statement. Detailed MRMR disclosure tables are included at the end of this news release. The following table summarizes the period-over-period changes to the Company’s Mineral Resources: NOTE: Totals may not sum due to rounding. (1) Mineral Resources are inclusive of Mineral Reserves. (2) The Company Reports on its MRMR as of September 30, 2024. As such, the change year over year is from October 1, 2023 to September 30, 2024. (3) As disclosed in the Q3 2024 Managements Discussion & Analysis, the Certej project has been presented as a disposal group held for sale as at September 30, 2024 and as a discontinued operation for the three and nine months ended September 30, 2024. On October 7, 2024, the Company entered into a share purchase agreement to sell the Certej project. The closing of the disposition is subject to certain conditions. 2025 Reporting Schedule The Company intends to report, and host a conference call led by senior management, as set out in the table below. The Company reserves the right to amend the schedule in its discretion and will inform the market of any changes in schedule. About Eldorado Eldorado is a gold and base metals producer with mining, development and exploration operations in Turkiye, Canada and Greece. The Company has a highly skilled and dedicated workforce, safe and responsible operations, a portfolio of high-quality assets, and long-term partnerships with local communities. Eldorado's common shares trade on the Toronto Stock Exchange (TSX: ELD) and the New York Stock Exchange (NYSE: EGO). Contact Investor Relations Lynette Gould, VP, Investor Relations, Communications & External Affairs 647 271 2827 or 1 888 353 8166 lynette.gould@eldoradogold.com Media Chad Pederson, Director, Communications and Public Affairs 236 885 6251 or 1 888 353 8166 chad.pederson@eldoradogold.com Notes: (1) Resource grades are reported undiluted, however resources are assessed for reasonable expectation of economic extraction by applying expected minimum mining shapes. (2) As disclosed in the Q3 2024 Managements Discussion & Analysis, the Certej project has been presented as a disposal group held for sale as at September 30, 2024 and as a discontinued operation for the three and nine months ended September 30, 2024. On October 7, 2024, the Company entered into a share purchase agreement to sell the Certej project. The closing of the disposition is subject to certain conditions. (3) Mineralized shapes based on RPEEE identified based on 2.5 g/t Au COG; within shapes material below incremental COG of 1.0 g/t have been excluded; grades are diluted by must-take material between 1.0 and 2.5 g/t Au. (4) Due to narrow veins, continued conversion of Resources to Reserves at Ormaque will reflect expected lower grades to fully represent mining modifying factors. Notes: (1) Resource grades are reported undiluted, however resources are assessed for reasonable expectation of economic extraction by applying expected minimum mining shapes. (2) As disclosed in the Q3 2024 Managements Discussion & Analysis, the Certej project has been presented as a disposal group held for sale as at September 30, 2024 and as a discontinued operation for the three and nine months ended September 30, 2024. On October 7, 2024, the Company entered into a share purchase agreement to sell the Certej project. The closing of the disposition is subject to certain conditions. (3) Due to narrow veins, any future potential conversion of Resources to Reserves at Ormaque will reflect expected lower grades to fully represent mining modifying factors. ADVISORIES AND DETAILED NOTES ON MINERAL RESERVES AND RESOURCES General Mineral Reserves and Mineral Resources are as of September 30, 2024 The Mineral Reserves and Mineral Resources were classified using logic consistent with the CIM Definition Standards for Mineral Resources & Mineral Reserves (2014) incorporated, by reference, into National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”). Sample preparation, analytical techniques, laboratories used, and quality assurance and quality control protocols used during exploration drilling programs are done consistent with industry standards and independent certified assay labs are used. Mineral Reserves are included in the Mineral Resources. The Mineral Reserves and Mineral Resources are disclosed on a total project basis. Measured and Indicated Mineral Resources which are not Mineral Reserves, do not have demonstrated economic viability. With respect to “Inferred Mineral Resources”, there is a great amount of uncertainty as to their existence and uncertainty as to their economic and legal feasibility. It cannot be assumed that all or any part of a “Measured Mineral Resource”, “Indicated Mineral Resource” or “Inferred Mineral Resource” will ever be upgraded to a higher category. Additional information on the Kisladag, Efemcukuru, Olympias, Skouries and Lamaque mineral properties mentioned in this news release (all of which are considered to be material mineral properties to the Company) are contained in Eldorado’s annual information form for the year ended December 31, 2023 and the following technical reports for each of those properties, all of which are available under the Company's profile at www.sedarplus.com and www.sec.gov : Qualified Persons Simon Hille, FAusIMM, Executive Vice President, Operations and Technical Services, is the “qualified person” under NI 43-101 responsible for preparing and supervising the preparation of the scientific or technical information contained in this news release and verifying the technical data disclosed in this document relating to our operating mines and development projects, unless otherwise noted. Additional qualified persons have approved disclosures for specific properties as detailed in “Mineral Reserve Notes” and “Mineral Resource Notes” below. Jessy Thelland, géo (OGQ No. 758)., Director Technical Services Lamaque, a member in good standing of the Ordre des Géologues du Québec, is the qualified person as defined in NI 43-101 responsible for, and has verified and approved, the scientific and technical disclosure contained in this news release for the Quebec projects. Cautionary Note to US Investors Concerning Estimates of Measured, Indicated and Inferred Resources There are differences between the standards and terms used for reporting mineral reserves and resources in Canada, and in the United States pursuant to the United States Securities and Exchange Commission’s (the “SEC”). The terms Mineral Resource, Measured Mineral Resource, Indicated Mineral Resource and Inferred Mineral Resource are defined by the Canadian Institute of Mining, Metallurgy and Petroleum (CIM) and the CIM Definition Standards on Mineral Reserves and Mineral Resources adopted by the CIM Council, and must be disclosed according to Canadian securities regulations. These standards differ from the requirements of the SEC applicable to domestic United States reporting companies. Accordingly, information contained in this news release with respect to mineral deposits may not be comparable to similar information made public by United States companies subject to the SEC’s reporting and disclosure requirements. Mineral Reserve Notes Eldorado reports Mineral Reserves in accordance with CIM Definition Standards. Mineral Reserves for the operating sites (Efemcukuru, Kisladag, Olympias, and within the Lamaque Complex – Ormaque and Triangle) were determined using a long-term gold price of $1,450/oz while Mineral Reserves for the Skouries and Perama Hill projects were determined based on a $1,300/oz gold price. A reserve test is undertaken every year to confirm future undiscounted cash flow from reserve mine plan is positive. Qualified Persons The following persons, all of whom are qualified persons under NI 43-101, have approved the disclosure related to the Mineral Reserves for the projects noted below contained within this release: Mineral Resource Notes Eldorado reports Mineral Resources in accordance with CIM Definition Standards. All Mineral Resources are assessed for reasonable prospects for eventual economic extraction (RPEEE). The Resource cut-off grades or values (e.g. gold equivalent) are determined using a long-term gold price ($1,800/oz) and modifying factors derived in the resource to reserve conversion process (or by comparison to similar projects for our resource-only properties). These values are then used to create constraining volumes that provide limits to the reported Resources. Resource grades are reported undiluted from within the constraining volumes that satisfy RPEEE. At Efemcukuru, mineralized shapes based on RPEEE identified based on 2.5 g/t Au COG; within shapes material below incremental COG of 1.0 g/t have been excluded; grades are diluted by must-take material between 1.0 and 2.5 g/t Au. Due to the presence of narrow veins, any future potential conversion of Resources to Reserves at Ormaque will reflect expected lower grades to fully represent modifying factors associated with mining. Open Pit Resources used pit shells created with the long-term gold price to constrain reportable model blocks. Underground Resources were constrained by volumes whose design was guided by a combination of the reporting cut-off grade or value, contiguous areas of mineralization and mineability. Eldorado’s Mineral Resources are inclusive of Reserves. Mineral Resource Reporting and demonstration of Reasonable Prospects for Eventual Economic Extraction: The Mineral Resources used a long term look gold metal price of $1,800/oz for the determination of resource cut-off grades or values. This guided execution of the next step where constraining surfaces or volumes were created to control resource reporting. Open pit-only projects (Kisladag, Perama Hill, Perama South, and Certej) used pit shells created with the long-term gold price to constrain reportable model blocks. Underground Resources were constrained by 3D volumes whose design was guided by the reporting cut-off grade or value, contiguous areas of mineralization and mineability. Only material internal to these volumes were eligible for reporting. Projects with both open pit and underground Resources have the open pit Resources constrained by either the permit (Skouries), and pit shell, or by an open pit/underground economic crossover surface, and underground Resources constrained by a reporting shape. (1) Mineralized shapes based on RPEEE identified based on 2.5 g/t Au COG; within shapes material below incremental COG of 1.0 g/t have been excluded; grades are diluted by must-take material between 1.0 and 2.5 g/t Au. Qualified Persons The following persons, all of whom are qualified persons under NI 43-101, have approved the disclosure related to the Mineral Resources for the projects noted below contained within this release: Cautionary Note about Forward-looking Statements and Information Certain of the statements made and information provided in this news release are forward-looking statements or information within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. Often, these forward-looking statements and forward-looking information can be identified by the use of words such as “anticipates”, “believes”, “budget”, “continue”, “estimates”, “expects”, “forecasts”, “foresee”, “future”, “goal”, “guidance”, “intends”, “opportunity”, “outlook”, “plans”, “potential”, “strive”, “target” or “underway” or the negatives thereof or variations of such words and phrases or statements that certain actions, events or results “can”, “could”, “likely”, “may”, “might”, “will” or “would” be taken, occur or be achieved. Forward-looking statements or information are by their nature based on a number of assumptions, that management considers reasonable. However, such assumptions involve both known and unknown risks, uncertainties and other factors which, if proven to be inaccurate, may cause actual results, activities, performance or achievements may be materially different from those described in the forward-looking statements or information. Forward-looking statements or information contained in this release include, but are not limited to, statements or information with respect to: our Mineral Reserves and Mineral Resources; long term prospects for the Lamaque Complex, the sale of the Certej project; exploration opportunities to extend the life of mine at Efemcukuru; 2025 focus on extending mine life, testing near-mine exploration targets and seeking a discovery from prospective early-stage exploration targets; the filing of a new technical report for the Lamaque Complex, the disclosed outlook on long term metal prices; and generally our strategy, plans and goals. We have made certain assumptions about the forward-looking statements and information, including assumptions about: our ability to obtain all required approvals and permits in a timely manner and our ability to comply with all the conditions that are imposed in such approvals and permits; timing of filing of a new technical report for the Lamaque mineral properties; timing, cost and results of our construction and development activities, improvements and exploration; the future price of gold and other commodities and the global concentrate market; exchange rates; anticipated values, costs, expenses and working capital requirements; production and metallurgical recoveries; Mineral Reserves and Mineral Resources; our ability to unlock the potential of our brownfield property portfolio; our ability to address the negative impacts of climate change and adverse weather; consistency of agglomeration and our ability to optimize it in the future; the cost of, and extent to which we use, essential consumables (including fuel, explosives, cement, and cyanide); the impact and effectiveness of productivity initiatives; the time and cost necessary for anticipated overhauls of equipment; expected by-product grades; the use, and impact or effectiveness, of growth capital; the impact of acquisitions, dispositions, suspensions or delays on our business; the sustaining capital required for various projects; and the geopolitical, economic, permitting and legal climate that we operate in (including disruptions to shipping operations and related impacts). Even though our management believes that the assumptions made and the expectations represented by such statements or information are reasonable, there can be no assurance that the forward-looking statement or information will prove to be accurate. Many assumptions may be difficult to predict and are beyond our control. Furthermore, should one or more of the risks, uncertainties or other factors materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements or information. These risks, uncertainties and other factors include, among others, risks relating to our operations in foreign jurisdictions (including disruptions to shipping operations) development risks at Skouries and other development projects; community relations and social license; liquidity and financing risks; climate change; inflation risk; environmental matters; production and processing; waste disposal; geotechnical and hydrogeological conditions or failures; the global economic environment; risks relating to any pandemic, epidemic, endemic or similar public health threats; reliance on a limited number of smelters and off-takers; labour (including in relation to employee/union relations, the Greek transformation, employee misconduct, key personnel, skilled workforce, expatriates, and contractors); indebtedness (including current and future operating restrictions, implications of a change of control, ability to meet debt service obligations, the implications of defaulting on obligations and change in credit ratings); government regulation; the Sarbanes-Oxley Act; commodity price risk; mineral tenure; permits; risks relating to environmental sustainability and governance practices and performance; financial reporting (including relating to the carrying value of our assets and changes in reporting standards); non-governmental organizations; corruption, bribery and sanctions; information and operational technology systems; litigation and contracts; estimation of Mineral Reserves and Mineral Resources; different standards used to prepare and report Mineral Reserves and Mineral Resources; credit risk; price volatility, volume fluctuations and dilution risk in respect of our shares; actions of activist shareholders; reliance on infrastructure, commodities and consumables (including power and water); currency risk; interest rate risk; tax matters; dividends; reclamation and long-term obligations; acquisitions, including integration risks, and dispositions; regulated substances; necessary equipment; co-ownership of our properties; the unavailability of insurance; conflicts of interest; compliance with privacy legislation; reputational issues; and competition. The reader is directed to carefully review the detailed risk discussion in our most recent Annual Information Form & Form 40-F filed on SEDAR+ and EDGAR under our Company name, for a fuller understanding of the risks and uncertainties that affect our business and operations. The inclusion of forward-looking statements and information is designed to help you understand management’s current views of our near- and longer-term prospects, and it may not be appropriate for other purposes. There can be no assurance that forward-looking statements or information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, you should not place undue reliance on the forward-looking statements or information contained herein. Except as required by law, we do not expect to update forward-looking statements and information continually as conditions change and you are referred to the full discussion of the Company’s business contained in the Company’s reports filed with the securities regulatory authorities in Canada and the United States.The Ohio State Buckeyes thrashed the Indiana Hoosiers in their huge Week 13 matchup, with the final score settling in at 38-15. And after the game, there was shortage of trolling from the Buckeyes, which resulted in one of their social media posts quickly going viral. After Indiana opened the scoring with a touchdown, Ohio State proceeded to rattle off 31 unanswered points, before the two sides traded a pair of late touchdowns. The final score of the game, in particular, drew the ire of fans, as they accused Ryan Day of unnecessarily running up the score. As if that wasn't bad enough, the Buckeyes found a way to inflict more pain on the Hoosiers. After Indiana's head coach Curt Cignetti's "Google me" quote took the internet by storm earlier this season, Ohio State shared a post on X, formerly Twitter, with the two-word caption "GoogLed it" in response to Cignetti's message. GoogLed It. #GoBucks pic.twitter.com/JCpi2rwVf6 Indiana was a heavy underdog heading into this game, despite the fact they had yet to lose this season. That didn't stop Cignetti from talking some smack throughout the week, and while it looked like his team meant business early on, that quickly proved to not be the case. The stakes were high for both of these teams, as Ohio State was the No. 2 ranked team in the nation, and Indiana was No. 5. So considering how the Buckeyes picked up a dominant victory, it shouldn't come as much surprise that they are strutting their stuff in the wake of this one. © Adam Cairns/Columbus Dispatch / USA TODAY NETWORK via Imagn Images With this win, Ohio State has further insulated themselves as the No. 2 in the AP Top 25 poll behind the Oregon Ducks. Indiana, meanwhile, will likely tumble down the rankings, as they didn't do much to get rid of the notion that they were only undefeated because of the weak schedule they have faced this season. The Buckeyes appear to be getting hot at the perfect time, as the regular season is coming to a close. They will finish things off in Week 14 against Michigan, where they will be hoping to pick up their 11th win of the season. Related: Ryan Day Issues Savage 5-Word Message After Controversial Late Touchdown vs. IndianaThe property booking company said it had introduced measures which use machine learning to identify and block potentially higher-risk bookings of entire homes from being made. The technology looks at signals such as the length of the trip, type of listing, distance from a guest’s location and when the reservation is being made to help determine whether it could be a higher risk. If flagged as high risk, guests are either blocked from booking, or redirected to alternative accommodations on the platform. The company started using the restrictions in 2020, and says that since then it has seen a significant drop in the rate of parties reported to the firm. Airbnb said that last year alone nearly 74,000 people were blocked from making a booking, including around 7,800 in the UK. This included around 2,900 bookings in London and 470 in Manchester. Amanda Cupples, Airbnb general manager for the UK and northern Europe, said: “While issues are rare, we want to do our part to help reduce the risk of unauthorised and disruptive parties. “Airbnb is committed to supporting hosts and the communities they live in, and we hope these defences allow guests, hosts and neighbours to celebrate the holiday with added reassurance.” The firm said the measures would be in effect in the run-up to and over New Year in countries and regions around the world, with restrictions in place on one to three-night reservations. In addition, guests who make reservations will be required to confirm that they understand unauthorised and disruptive parties are not allowed on Airbnb, and face suspension from the platform if this policy is found to have been breached. Get all the latest news from around the country Scan the QR code on your mobile device for all the latest news from around the country
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Humanoid robots are poised to address two major global challenges: declining population growth and the increasing demand for elderly care . Experts from Citi Global Insights have been exploring how these robotic advancements could reshape our world over the next 25 years. According to their research, the demand for human caregivers in the care industry is predicted to rise significantly as people live longer and require more assistance. However, finding and retaining human carers is becoming increasingly difficult, creating a labor gap. Analysts suggest that humanoid robots could serve as a practical solution to fill this gap. The analysts argue that technological advancements in robotics can reduce the need for human labor in industries that experience chronic staff shortages. As a result, humanoid robots may soon take on roles that involve assisting the elderly, providing not only physical support but also companionship. This shift is part of a broader trend where robotics is incorporated into sectors struggling with workforce shortages, highlighting the critical role humanoid robots could play in maintaining quality of life for the aging population. As robots become more sophisticated, their integration into everyday life becomes more feasible, offering a glimpse into a future where humans and robots coexist harmoniously. Additionally, detailed insights from the research are available on the ‘Opening Bid’ show, featuring discussions on the potential of these technological advancements. Will Humanoid Robots Revolutionize Elderly Care? The future of elderly care is on the cusp of transformation as humanoid robots emerge as potential key players in addressing demographical challenges. With global population growth rates declining, a burgeoning demand for care services is increasingly difficult to meet with human resources alone. An insightful study by Citi Global Insights explores this evolving dynamic, predicting significant shifts over the next quarter-century that could redefine how society approaches elderly care. Humanoid robots are positioned to address critical labor gaps in the care industry, a sector struggling with chronic staff shortages as the elderly population swells and life expectancy increases. These robots are set to provide not just physical assistance, like moving and lifting, but also emotional support, offering companionship to the isolated elderly. Their presence could enhance the quality of eldercare services and lead to more personalized care. As robotics technology advances, these humanoid robots are becoming more sophisticated and capable of performing complex tasks. The integration of artificial intelligence (AI) allows them to understand and respond to human emotions, further improving their ability to serve as companions. This trend is crucial in maintaining a high quality of life for the aging population, particularly as strained human caregiver resources continue to pose challenges. The market for robotic caregivers is expected to grow as societal acceptance increases and technological costs decrease. Innovations in sensor technology and machine learning are making robots more adaptive and empathetic, blurring the lines of human-robot interaction and fostering more natural integration into daily life. While the prospect of humanoid robots in caregiving is promising, it is not without challenges. Ethical concerns regarding privacy, the emotional authenticity of robotic companionship, and the potential for job displacement among caregivers are significant considerations. Additionally, the economic implications, such as affordability and access to such technology, must be addressed to ensure equitable benefits. Experts highlight the importance of interdisciplinary efforts in developing robotic care solutions. The fusion of technology, healthcare expertise, and ethical standards are essential in shaping a future where humans and robots coexist seamlessly. For further insights and discussions on the potential of humanoid robots in reshaping elderly care, you can visit Citi Global Insights . These discussions delve into not just the technological aspects but also the socio-economic impacts and future pathways for integrating robotics into human life. In conclusion, while challenges remain, the potential for robots to transform elderly care is substantial, promising a future where technology enhances human capacity and quality of life.
Former lawmaker Mary Murphy, longest-serving woman in Minnesota House, suffers stroke
Jimmy Carter, the 39th US president, has died at 100(Adds background on Medline, details on IPO market, paragraphs 5-6 and 8) By Echo Wang NEW YORK, Nov 21 (Reuters) - Private equity-owned Medline Industries is aiming to raise more than $5 billion in its U.S. initial public offering expected to occur in 2025, people familiar with the matter told Reuters on Thursday. The stock market flotation could value the medical supplies provider at about $50 billion and come as early as the second quarter, the sources said, cautioning that the company's plans are subject to market conditions and could change. Northfield, Illinois-based Medline, which is owned by buyout firms Blackstone, Carlyle, and Hellman & Friedman, has invited several investment banks to pitch for lead roles on what is likely to be one of the marquee IPOs next year, the sources said, requesting anonymity as the discussions are confidential. Medline did not immediately respond to requests for comment. Blackstone, Carlyle, and Hellman & Friedman declined to comment. The preparations for a stock market flotation come as dozens of other high-profile names are gearing up for potential listings next year, after several bouts of market volatility shut down the IPO market for much of the last two years. AI cloud platform operator CoreWeave and cybersecurity firm SailPoint are among those pushing ahead with their plans for stock market debuts next year, the sources said. Medline, which was acquired by its current private equity owners in a deal worth $34 billion in 2021, is one of the largest manufacturers and distributors of medical supplies such as surgical equipment, gloves and laboratory devices used by hospitals around the world. The company was founded in 1966 by brothers James and Jon Mills and it went public in 1972, before being taken private again by the brothers. Its longtime CEO Charlie Mills, the son of James Mills, retired from Medline last year, with company veteran Jim Boyle replacing him at the helm. Medline, which employs about 43,000 people worldwide and operates in more than 100 countries, generates annual sales of more than $23 billion, according to its website. Bloomberg reported on Medline's IPO preparations in July. (Reporting by Echo Wang in New York Editing by Anirban Sen, Bill Berkrot and Matthew Lewis)
The dizzying array of legal threats to Brazil’s former President Jair Bolsonaro
WTW has issued its latest Political Risk Index which highlighted the maritime threat as just one identified emerging risk from ‘grey zone aggression’, meaning any action used to weaken a country by means short of war. This edition of the index was developed with input from WTW’s marine and aerospace teams, sectors notably vulnerable to grey zone attacks, alongside support from the WTW Research Network and the crisis management team, both experts in addressing grey zone aggression and global security risks. The index follows WTW’s annual political risk survey published earlier this year, which found that 69 percent of respondents were impacted by geopolitically related supply chain disruptions in 2024, including grey zone attacks on global shipping. Samuel Wilkin, director of political risk analytics, WTW said: “Without insurance, many ships will not sail, and planes will not fly, so improving our understanding of gray zone risks is vital for the protection of people and assets and the health of global commerce. “These attacks appear to have soared in recent years, for many reasons. One reason is that countries that are deeply interconnected by globalisation increasingly find themselves in adversarial relationships, and these deep interconnections offer many avenues for grey zone action, especially actions directed at globalised businesses. “Another reason is that new technologies have enabled gray zone actions, including cyber-attacks and remote attacks by drones. Hybrid warfare is likely to continue to rise and evolve, so insurers need to be able to understand the implications of ambiguous gray zone activities to properly assess risk.” WTW’s research identifies three primary types of grey zone flashpoints, military conflicts, and rivalries (e.g., Ukraine, South China Sea), fragile states (e.g., Lebanon, Yemen, Syria, Iraq), and ideological polarisation (e.g. political interference in Latin American elections). Examples of hybrid warfare include destruction of critical infrastructure, state cyber-attacks, weaponisation of migration, sponsorship of violent non-state actors, disinformation campaigns, and declared or undeclared economic sanctions. The report also observes an increasing trend in gray zone activities, partly driven by rising middle powers operating with limited military budgets. Other findings include:
It seemed like companies couldn’t hire information technology analysts fast enough in 2014 when Michael Deneen began his IT career. Job counts nationally soared in the 2010s and early 2020s, but then the market flattened and a profession that looked like it might grow uninterrupted started shedding jobs. Laid off twice this year from Minnesota IT jobs, Deneen said he’s found it hard to snag the next gig. “Before I could have three, four offers lined up and would have to choose between them,” the Columbia Heights man said. “It’s like I’m struggling to even get a foot in the door in places that I’m more than qualified for.” Even with the state’s relatively low 3.5 percen t unemployment rate, some mid-career Minnesotans and those just coming out of college are seeing a job market now that worries them. Recent layoffs at Cargill in the Twin Cities and last week’s announcement that Arctic Cat, the Minnesota snowmobile maker, will shutter its manufacturing operations next year in Thief River Falls and St. Cloud, have added to the anxiety. Analysts say Minnesota’s job market remains robust, but for some there’s a skills matchup problem as some sectors grow while others flatten or decline. “I’m not gonna lie, it’s been hard,” Deneen said of finding the next IT job. “I’ve had a lot of self-doubt now, like questioning is this really an industry I am good at? Is this something I should even be in anymore? I’m also 40. It’s like, I can’t really switch careers at this point.” Health care, government, leisure and hospitality and transportation are among the Minnesota sectors that continue to show strong job growth, according to state data. Other industries are growing slower, including construction and manufacturing. “We’ve heard from some folks that maybe it has taken a little longer than what they remember in the past if they were previously unemployed. Some individuals don’t say that at all,” said Sara Garbe, workforce development supervisor at the Minnesota Department of Employment and Economic Development. “November and reaching December, we certainly see a slowdown of hiring and folks may mention things like that they’ve heard from recruiters that maybe a decision won’t be made until after the holidays or after the first or the last quarter of the year,” added Garbe, whose staff works with new job seekers and those in mid-career. For recent college grads who haven’t landed work, the holiday season can bring its own pressures. Raina Hofstede, 22, studied English at Harvard University. Since graduating in May and coming back to Minnesota, she said job prospects have been nearly nonexistent. “I feel kind of directionless in the time period that I’m waiting,” said Hofstede, who grew up in Coon Rapids. “I feel like I really want to plan. I’m at a point where, like, I’d love to get things moving.” She’s applied to post-undergrad internships and career-advancing work. She’s looking into publishing, creative writing spaces and museums and hopes a stint working in comedy clubs while at Harvard might intrigue an employer. The search and the uncertainty around it is a grind, she acknowledged. “I think, as time goes on, and this feels sad, but I think as time goes on, my belief in myself slowly drops a little bit more with more rejections, and so I feel like I’ll be applying to less and less competitive things as I move forward,” Hofstede said. ' Minnesota showed strong steady job growth coming out of the Great Recession in 2009, reaching nearly 3 million jobs by February 2020. The COVID-19 pandemic torpedoed that growth — the state lost more than 400,000 jobs, nearly 14 percent of its employment, in the span of a few months. Job counts didn’t return permanently to pre-pandemic levels until September last year. The current state and national unemployment rates are relatively low, although they have ticked up over the past year. Minnesota’s unemployment rate is lower than the U.S. unemployment rate at 4.2 percent. Based on the most recent data, Minnesota has six unemployed people for every 10 job openings where nationally there are nine unemployed people for every 10 openings. Knowing that doesn’t make it easier for those looking for work, waiting for answers from prospective employers. “It just kind of feels like they have no respect for a candidate or their time, or them as a person,” Deneen said of the current market. “It’s an entire game, and it shouldn’t be this way.” Garbe said technology is transforming job searches in ways that may make landing work more challenging for some in mid-career or just starting out. Companies are using automated systems or in some cases artificial intelligence systems to screen applicants before a human gets to them. She encourages job seekers to reach out to one of DEED’s more than 50 CareerForce offices across the state where analysts can review resumes or cover letters with job seekers and offer help with writing and strategy. They can also connect people to needed training or certifications. Garbe also suggests reflecting on what you’ve accomplished to boost your self-confidence if you get overwhelmed. Social media has become a resource for job seekers as they look. Groups on Reddit like r/StudentJobSearch have become a space for venting and advice with conversations about job searching and applications. LinkedIn is also seeing similar support groups, including two Deneen is in that focus on networking and project management. Hofstede said she’s found solace leaning on those around her who are going through these same experiences. She and a group of new graduates meet at their public library to sift through job postings and work on cover letters and resumes together. “Something of a little community of people who are unemployed and looking for jobs, and I like having the friends support,” she said. “It is harder to go through something uncertain like this alone.”Marlena Velez—TikTok Star's Criminal History RevealedThe Heisman Trophy campaign rolls on for Boise State junior running back Ashton Jeanty. But first, Jeanty, could win three other top college football awards. Boise State running back Ashton Jeanty (2) gets a touchdown against Washington State on Saturday night, Sept. 28, 2024, at Albertsons Stadium in Boise. Jeanty became a finalist for the Doak Walker Award, Maxwell Award and Walter Camp Award on Tuesday, Nov. 26, 2024. Jeanty is a finalist for the Doak Walker Award (top running back), Maxwell Award (player of the year) and Walter Camp Award (most outstanding player). Jeanty leads the nation in just about every rushing category, such as yards (2,062), attempts (275) and touchdowns (27). His 1,512 yards after contact are more than the total rushing yards of any other FBS player. His 27 rushing touchdowns are equal or more than the total rushing touchdowns for 118 FBS teams. His rushing yards total are more than the total of 103 FBS programs. Jeanty is one of four players since 1956 to run for 2,000 yards and 25 scores in 11 games, joining Oklahoma State’s Barry Sanders (1988), Texas’ Ricky Williams (1998) and Wisconsin’s Melvin Gordon (2014). Jeanty owns BSU single-season records for rushing yards (2,062), 200-yard games (four) and 100-yard games (11). Jeanty enters 10 a.m. Friday’s home contest against Oregon State as a four-time Doak Walker National Running Back of the Week and six-time Mountain West Offensive Player of the Week. The Broncos will also host the 2024 Mountain West Championship at 6 p.m. Dec. 6. The award winners will be announced Dec. 12. Your story lives in the Magic Valley, and our new mobile app is designed to make sure you don’t miss breaking news, the latest scores, the weather forecast and more. From easy navigation with the swipe of a finger to personalized content based on your preferences to customized text sizes, the Times-News app is built for you and your life. Don’t have the app? 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Less than 24 hours after being released by the Carolina Panthers, Charles Harris has found a new home with a potential Super Bowl contender. The Philadelphia Eagles claimed the veteran linebacker off waivers on Tuesday, as first reported by PHLY Sports’ Zach Berman.A polar plunge became a polar spray down. A few minutes before the start of Saturday’s 15th annual Town of Brookhaven Polar Plunge, the hundreds of daredevils at Cedar Beach in Mount Sinai prepared for an audible. Officials determined the whipping wind, producing gusts of 32 mph out of the northwest, created choppy conditions in Long Island Sound too dangerous for swimming — even if some only planned to dip a toe. In place of the traditional plunge, participants huddled in groups on the beach as a Mount Sinai firefighter chilled them with water sprayed from a hose. Town of Brookhaven Polar Plunge participants get sprayed with water at Cedar Beach in Mount Sinai on Saturday. Credit: Morgan Campbell “It wasn’t as cold, but it was still exciting,” said Abby Streek, a Sayville High School senior participating in her fourth plunge. “The hose would come around, you’d get splashed and pelted with water.” The biggest news, politics and crime stories in Suffolk County, in your inbox every Friday at noon. By clicking Sign up, you agree to our privacy policy . Streek was one of about 20 students in the school’s Athletes Helping Others club who raised just under $4,000 for Special Olympics New York, the event’s host. Stella O’Shea, a Sayville junior, has raised more than $1,000 in each of the past three years. “This is just such an awesome day,” said O’Shea, who hopes to become a special-education teacher. Special Olympics New York hosts the plunge to raise funds and awareness for its athletes. The Cedar Beach event is held annually the weekend before Thanksgiving. Alexis Dawson, the organization’s director of development, said Saturday’s event, featuring more than 500 participants, raised about $135,000. "I think people enjoy the tailgating atmosphere, but more than anything I think people enjoy raising money and spreading awareness for our athletes," she said. Diane Colonna, the vice president of downstate operations, said the Cedar Beach plunge "has a community vibe to it." “The same people have come year after year," she said. "But they’re all here for our athletes.” On average it can cost $500 for a single athlete to compete in Special Olympics competitions each year, Dawson said. There are more than 4,000 Special Olympics athletes on Long Island. Most participants joined teams that raised money together. The top honor went to Team Sachem, a group of teachers, staff members, students and community members, who raised about $31,000. Three additional teams surpassed $10,000. Emily Frosina, a special-education teacher in the Sachem school district, started the team 10 years ago with just a handful of people and it has now grown to more than 50 participants. The wind chill Saturday made the "feel like" temperature 28 degrees and longtime participants said this year was the coldest in memory. Cassandra Scala, a special-education teacher assistant at Sachem, brought along a pair of dancers she coaches to plunge with her for the first time. “We’re doing the coldest one and it can only get better from here,” Scala said. Jocelynn Stone, who works with Frosina, said she had helped fundraise for the team in past years and decided to take the plunge for the first time. “I’m going to do it! I’m excited,” she said before plans shifted to the spray down. As the second group of plungers steadied themselves on the beach in front of the firefighter's hose, Trey’von Holland stood at the front of the pack alongside fellow Bellport High School football players who are part of the school's Athletes Helping Others club. Holland, a senior, embraced the chill as he stood shirtless with water raining down from above. He said he had looked forward to swimming in his first plunge, but the hose splashdown “was amazing, too.” Joe Werkmeister covers the towns of Southampton, East Hampton and Shelter Island. He is a graduate of St. Bonaventure University and previously worked as the editor of two North Fork community newspapers.
Kate Cassidy shares emotional message on grief during the holidays after Liam Payne's deathRed Sox acquire reliever Jovani Morán from Twins for utility player Mickey GasperTrending News Today Live Updates on December 30, 2024 : Walmart's $100 Birkin bag lookalike is selling out—Here’s why everyone wants one