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Indonesias Freeport mine risks prolonged closure over disaster
Tue May 21, 2013 5:49am EDT * Death toll rises to 21, hopes fade for survivors * Unions demand thorough investigation * Mine has been closed for a week By Michael Taylor JAKARTA, May 21 (Reuters) - Freeport McMoRan Copper & Gold Inc's Indonesian mine could face a prolonged closure and scrutiny over its underground mining plans after one of the country's worst-ever mining disasters, ...
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Freeport Grasberg death toll now 21 – expected to rise further
The Grasberg copper/gold mine tunnel collapse has now claimed the lives of 21 workers, and little hope remains for the seven employees still trapped ...
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Rescue slow at US-owned Freeport copper mine body count leaps to 21
The death toll from a mine tunnel collapse in eastern Indonesia has risen to 21, the American operator said, as rescuers searched for another seven workers now also presumed dead. The accident happened on May 14 at the Grasberg mine, owned by Phoenix, Arizona-based Freeport-McMoRan Copper & Gold Inc, one of the world's biggest gold and copper mines in mountainous, remote Papua ...
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Nassau legislature backs time in rank plan
Nassau 2012 payroll, overtime The Nassau County Legislature Monday backed a bid by correction officers to base demotions or job cuts on "time in rank" instead of years on the job and approved a requirement that all construction contracts in excess of $500,000 have apprenticeship programs.The new apprenticeship legislation, which still must be signed by County Executive Edward ...
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Security alert issued for US citizens traveling to The Bahamas
NASSAU, Bahamas - The United States Embassy in Nassau has issued a security alert to American citizens residing in and traveling to The Bahamas about an increase in armed robberies on New Providence. The alert came after American sailor Kyle Bruner was murdered during an armed robbery last Sunday. "Armed robbery remains a major threat facing US citizens in The Bahamas," the statement ...
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Bears smother Oilers 6-0 in Flag Football action
Game 1 - Container Port Piranhas (2-1-0) 31, MLM Assassins (0-2-0) 6What is Piranha football? It's execution, it's watching the play, it's making the adjustment and it's putting points on the board. In this case it's 31 points. The Piranhas seemed to be getting into stride early in the season. With their second straight win the momentum is building. Behind great ...
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A Unique and Diverse Caribbean Theme of Colloquium in Havana
Havana, May 20 (Prensa Latina) Beyond its cultural, historical and linguistic, the Caribbean as a whole has a unitary essence, said today the director of Casa de las Americas, Cuban writer Roberto Fernandez Retamar. During the inauguration of the International Symposium on Cultural Diversity in the Caribbean, Retamar, also essayist indicated that this region has been felt more from the last few ...
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Plains Exploration Shareholders Approve Freeport-McMoRan Deal
Plains Exploration & Production Co.'s (PXP) shareholders Monday approved a $6.5 billion merger with Freeport-McMoRan Copper & Gold Inc. (FCX), overcoming earlier pressure to reject the deal.The deal gives Phoenix-based mining company Freeport-McMoRan sizeable assets in the booming U.S. oil and natural gas production business. But market analysts questioned whether the companies ...
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GBSSAA Basketball All-Star Classic is back on
Buster LaingSpecial to The FNThe G.B.S.S.A.A. Charlie Robins/Sports Insider Private School versus Pubic School All Star Basketball Classic is a time to kick back and enjoy the best of the high school basketball's elite.The All-star Classic, which was scheduled to take place last week, was postponed because of severe inclement weather. The Classic is back on tonight at the St. Georges ...
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The G.B. Little League Play-offs Preview
By Buster LaingSpecial to The FNThe start of the Grand Bahama Little League Baseball season is the most optimistic time of the year for every fan involved. Fans, parents, players and sponsors all feel like good things are in their future, whether that means just exceeding expectations or getting over the play-off hump. Baseball is also a cruel game that can knock you back down to earth in a ...
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Division in BAAA administration
Sports ScopeBy Fred SturrupThe Bahamas Association of Athletic Associations (formerly Bahamas Amateur Athletic Association) is a storied organization, linked to some of the great contributors to a wholesome Bahamian society, through sports and otherwise.Today, there exists a division within the administration of the BAAA that does not do justice at all to the honorable presidents who through the ...
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Rashan Brown to run 400 at SEC
KELSIE JOHNSONGuardian Sports Reporterkelsie@nasguard.comFreeport native Rashan Brown will line-up in the 400 meters (m) event at the Southeastern Conference (SEC) Championships, as confirmed by University of Georgia Assistant Coach George Cleare yesterday.Freshmen Brown and Shaunae Miller are among the female representatives for the Georgia Bulldogs in the one-lap event. This will mark the ...
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12th Annual Atlantic Medical Insurance Funwalk wakes up 500 pairs of sleepy feet
More than 500 pairs of sleepy feet were wide awake to participate in the 12th Annual Atlantic Medical Insurance Funwalk on Saturday, April 27th, 2013 which started at 6:30 a.m. at the company's office in the Jasmine Corporate Center. "This year's support was phenomenal," says Office Manager Lisa Turnquest, "it seems that our funwalk has gotten its "wings" back ...
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UPDATE 5-Plains shareholders approve Freeport bid after sweeteners
Mon May 20, 2013 4:03pm EDT By Michael Erman NEW YORK May 20 (Reuters) - Freeport-McMoRan Copper & Gold Inc took a big step on Monday in its plan to expand into energy, when Plains Exploration & Production Co shareholders approved the miner's $6 billion takeover deal, sweetened by two special dividends. The world's largest listed copper producer's bid to buy Plains, unveiled in ...
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See giant leatherback turtles rebound in the Caribbean
In this May 2, 2013 photo, a tourist takes photographs of a leatherback turtle as it heads to the ocean after burying her eggs in the sand at daybreak on a narrow strip of beach in Grande Riviere, Trinidad. Officials with the U.S.-based Sea Turtle Conservancy say Trinidad is now likely the world s leading tourist destination for people to see leatherbacks. (AP Photo/David ...
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India awaits LNG exports from Freeport facility
The U.S. Department of Energy's conditional approval a Texas liquefied natural gas terminal to export to nations that do not have a free trade agreement with the United States is seen as a potential boost for India's energy security. The Freeport LNG on Quintana Island in Texas is conditionally authorized to export as much as 1.4 billion cubic feet of natural gas a day for 20 years, ...
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Still waiting for Freedom of Information
In October 2011, the long-awaited and long-promised Freedom of Information (FOI) Act was tabled in the House of Assembly, years after it was promised. It was supposed to be enforced by July 1 the following year. Parliament finally passed the FOIA near the end of the Ingraham administration's term; however, the legislation did not have an enforcement date.Nonetheless, we are still ...
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Lupus Bahamas POP Day A PurpleTastic success
Sharell LockhartFN News Reportersharell@nasguard.comThe Lupus Bahamas Organization and its members are smiling from ear to ear as companies, corporations, government entities and individuals wore purple in support of National Lupus/POP for Lupus Day this past Friday May 10.All across Grand Bahama no matter where the sunlight touched a purple spectrum of hues ranging from Amethyst to wisteria was ...
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The 2013 GBASA Season named in honor of the late A. J. Cooper
BUSTER LAINGSpecial to TFNThe atmosphere was brimming with excitement and somberness Friday night at the Grand Bahama Sports Complex Softball Park for the 2013 Grand Bahama Amateur Softball Association opening night ceremonies.A moment of silence was observed to remember the families of those softball heroes, who have fallen and the ones who are recovering from accident and sickness. ...
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Inferno Bush fire threat to Gas Station
By Barbara Walkin, Sharell Lockhart & Samantha Fox-Lewis barbara@nasguard.comPersons had to be evacuated yesterday after a small bush fire raged into a burning inferno threatening several local businesses located on the corner of West Sunrise Hwy. and Bahamian Way.Former Senator, Michael Pintard, who is a tennant in one of the buildings explained that his landlord lost thousands of dollars ...
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Graduation fee refunds at Jack Hayward High
LEDEDRA MARCHEFN News Editorlededra@nasguard.comWhile there has been no official word on the cancellation of the Jack Hayward High School 2013 graduation ceremony, school administration has advised students that all graduation fee refunds can be picked up next week. The news came via a radio announcement Monday afternoon in which administration apologized for any inconvenience caused.The latest ...
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Grand Bahama to become film industry mecca
Ashley PennFN News Reporterashley@nasguard.comThe film industry has become the area of focus as aspiring film producer/actor Nathaniel Lewis introduced his upcoming moving to Grand Bahama.Frapper Avec Amour, the film created and produced by Lewis, is said to have been inspired by true-life events."It was actually inspired by my first kiss, which was from a French girl in Montreal. We met ...
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A Brazilian WTO head An opportunity to make trade work
Sir Ronald SandersThe World Trade Organization (WTO) is now set to appoint a new director-general. He is Roberto Carvalho de Azevêdo, Brazil's long-serving ambassador to the organization.His appointment is good news for developing countries inso-far as Carvalho de Azevêdo is from a leading developing country that has shown itself not to be averse to taking on the countries that ...
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Plains shareholders OK Freeport-McMoRan deal
Plains Exploration & Production Co. (NYSE: PXP) shareholders on Monday approved Freeport-McMoRan Copper & Gold Inc.s (NYSE: FCX) acquisition of the Houston-based company. Plains Exploration & Production Co. (NYSE: PXP) shareholders on Monday approved Freeport-McMoRan Copper & Gold Inc.s (NYSE: FCX) acquisition of the Houston-based company. Plains Exploration shares shot up more than 7 percent on ...
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Plains shareholders approve takeover by Freeport
Mon May 20, 2013 2:15pm EDT May 20 (Reuters) - Plains Exploration & Production Co shareholders approved the oil company's takeover by mining company Freeport-McMoRan Copper & Gold Inc, after both companies sweetened the more than $6 billion deal with two special dividends. The companies said on Monday that a majority of Plains outstanding shares were voted in favor of the deal. They expect ...
Bahamas Digest
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Baha Mar integral to Bahamas long-term tourism plans
The Bahamas is already a major tourist destination in the Caribbean, but the financial crisis has reduced tourist numbers worldwide, creating a situation in which The Bahamas now have to compete globally for tourists. The Baha Mar resort, slated as a first-of-its-kind in the Caribbean hotel complex, may help it to do this.
The building of the Baha Mar resort on Cable Beach in Nassau has been seen by industry leaders across the Bahamas as a major investment in the future of the economy and tourism, which makes up a significant portion of the Bahamas’ GDP. It is a huge resort, costing $2.6 billion (by 2008 estimates), and will occupy an area of over 1000 acres. Read more
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