Mining investment to fall short by 40 percent this year: Energy ministry

first_imgPrior to the COVID-19 pandemic, the energy ministry expected four new smelters to start operations this year.However, only two smelters – a ferronickel smelter and lead bullion smelter – are slated for completion in 2020, energy ministry mineral director Yunus Saefulhak told The Jakarta Post on Wednesday.The remaining two smelters – a nickel pig iron (NPI) smelter and a ferromanganese smelter – have had their expected operational dates pushed back to 2021 from 2020.“We have to be realistic. We will help those facilities that proceed with their development,” he said, adding that his office continued to find investors and electricity suppliers, among other things, for the delayed smelter projects. Investment in the mining industry is expected to fall short by US$4.74 billion this year, 40 percent of the initial target, as a result of delays in several smelter projects, the Energy and Mineral Resources (ESDM) Ministry has said.Lockdowns at various levels applied in many countries around the world to contain the spread of COVID-19 have disrupted material and labor supplies for the projects, adding more issues to developers’ financial problems, said the ministry’s coal director, Sujatmiko.“Smelter construction will only resume in July 2020,” he said during a webinar hosted by Cerah Foundation on Tuesday. Topics :center_img The pandemic-led investment shortfalls have added further delays to Indonesia’s ambitious smelter-development plan, which is part of a larger plan to transform the mineral-rich country from a commodity-driven economy to an industrial economy.Among the bigger smelter projects facing delays are those being developed by state-owned mining holding company MIND ID, officially PT Indonesia Asahan Aluminium (Inalum), and its subsidiaries.“Our partners cannot operate [normally] so that automatically means there will be delays whether we like it or not,” said MIND ID president director Orias Petrus Moerdak on Tuesday.Some of the projects are expected to fully resume in October, added Orias, who was speaking before House of Representatives lawmakers in Jakarta. Meanwhile, the other projects resumed early work this month.MIND ID subsidiary PT Aneka Tambang (Antam), a diversified miner, has put on hold a 98 percent complete $289 million ferronickel smelter in East Halmahera, Maluku, because of a lack of electricity.Antam president director Dana Amin said the miner initially enlisted private consortium BGP to develop a power plant for the smelter but ended the deal because of “financial problems”.“There was a lack of risk management,” he said.Meanwhile, fellow subsidiary PT Timah, a tin miner, has brought in construction equipment to the site of its $80 million tin smelter in West Bangka, Bangka Belitung province.“They are still waiting for an opportunity for the contractors to enter Bangka,” said Orias, adding that developers were focused on designing the facility in the meantime.PT Freeport Indonesia, a gold and copper miner, has requested a one-year delay in the completion deadline of its $3 billion smelter in Gresik, East Java, to 2023.last_img read more

New start date for virus-delayed Olympic torch relay

first_imgThe postponement of the Games has caused major logistical problems and extra expense for organizers.As a result, organizers have been forced to identify a raft of cost-cutting measures, that will include smaller vehicle convoys for the torch relay and a simpler launch event.The postponed Games are scheduled to open in Tokyo on July 23, 2021. The relay will now start on March 25, 2021, beginning in the Fukushima region hit by nuclear disaster after the 2011 earthquake and tsunami.The relay, which will see the flame travel to all 47 prefectures of Japan, is being organized under the slogan “Hope Lights Our Way” and was intended to highlight reconstruction in areas devastated by the 2011 disaster.”In the wake of the COVID-19 pandemic, it will additionally symbolize the light at the end of the dark tunnel; a beacon of hope for the world in the run-up to the Tokyo 2020 Games, themselves a symbol of the resilience, the unity and the solidarity of humankind,” organizers said in a statement.The route and the schedule for the relay will remain the same “in principle,” though the statement noted that the route and celebration venues “may be reviewed in light of the COVID-19 situation.” The Tokyo 2020 torch relay, which was put on hold when the Olympics were delayed over the coronavirus, will start next March from Japan’s Fukushima region, organizers said Monday.The Olympic flame had already arrived in Japan from Greece and the relay was days from beginning earlier this year when organizers and Olympic officials took the historic decision to postpone the Games by 12 months.The flame is currently on display in Tokyo.center_img Topics :last_img read more

Jose Mourinho’s entourage urge him to choose Arsenal over Real Madrid

first_imgAdvertisement Jose Mourinho’s entourage urge him to choose Arsenal over Real Madrid Metro Sport ReporterSunday 3 Nov 2019 2:00 pmShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link1.2kShares Mourinho is ready to return to management (Picture: Getty)Mourinho, for his part, feels he has unfinished business in England following the manner of his departure from Old Trafford and is open to taking charge at Arsenal.AdvertisementAdvertisementHowever, the 56-year-old will not rush into any decision and has long felt a return to Real Madrid was on the cards.Mourinho retains a strong relationship with president Florentino Perez and the pressure on Zinedine Zidane’s position is growing after a difficult start to the season.More: Arsenal FCArsenal flop Denis Suarez delivers verdict on Thomas Partey and Lucas Torreira movesThomas Partey debut? Ian Wright picks his Arsenal starting XI vs Manchester CityArsene Wenger explains why Mikel Arteta is ‘lucky’ to be managing ArsenalBut according to the Times, Mourinho’s entourage believe Arsenal would represent the better choice should the Special One be faced with a direct decision between the two teams.The expectations at the club are not as high as they are in Madrid, while Mourinho would also be faced with winning round supporters that turned against him during his first stint in the Spanish capital between 2010 and 2013.There’s also a belief that Mourinho could eek out more from this Arsenal side than Emery currently is. The Portuguese was full of praise for the Gunners’ front three of Pierre-Emerick Aubameyang, Alexandre Lacazette and Nicolas Pepe earlier this season during a punditry stint with SkySports. Jose Mourinho has been advised to join Arsenal (Picture: Getty)Those closest to Jose Mourinho have encouraged the Portuguese coach to opt for Arsenal instead of Real Madrid as he eyes a route back into management.Reports this weekend claim Mourinho held talks with the Arsenal heirachy over the possibility of replacing Unai Emery at the Emirates.Raul Sanllehi is said to have dined with Mourinho last week to ascertain his thoughts on Arsenal’s squad and what his plans would be for the Gunners.Mourinho’s previous relationship with Mesut Ozil and his public praise of record signing Nicolas Pepe are both said to be pivotal elements of the Gunners’ desire to hire the former Manchester United coach, while they also want a manager with a better grasp of English than Emery.ADVERTISEMENTcenter_img Mourinho has praised Arsenal’s front three (Picture: Getty)‘I think they are very good players and normally they should be on the pitch all three together,’ said Mourinho.‘I think Aubameyang probably he likes to play in the middle because he feels if he’s in the middle he can score more goals. But maybe he can score as many goals playing on the left. What happens at Liverpool is [Roberto] Firmino drops back, drops in between the lines, and then he gives more space for [Mohamed] Salah and [Sadio] Mane to attack these diagonals. I would see Aubameyang playing on that left side of Liverpool and scoring a lot of goals.‘At Arsenal, Lacazette doesn’t have that quality, but they have two options. One is to play, instead of like today with three midfield players almost in a straight line, to play how they played in the last 10 or 20 minutes with two [sitting midfielders] and one No.10 that can feed the three without bringing Lacazette in between the lines’.MORE: Paul Pogba reacts to Manchester United’s defeat to Bournemouth Advertisement Commentlast_img read more

Venezuelan Youth Symphony Orchestra donates $38,000 to UN fund against torture

first_img Share Share 19 Views   no discussions InternationalNewsPrintRegional Venezuelan Youth Symphony Orchestra donates $38,000 to UN fund against torture by: – October 10, 2011 Sharecenter_img Venezuela will donate US 38,000 dollars to the United Nations Voluntary Fund for Victims of Torture. This amount was collected during a concert performed by the Simon Bolivar Youth Symphony Orchestra in Geneva, Switzerland, on the occasion of the UN Universal Periodic Review of human rights, Venezuela is participating in this review next October 07. Venezuelan Foreign Minister, Nicolás Maduro, thanked to all those who made possible the particpation on the Venezuelan orchestra in the concert labeled “Let’s have a more human humankind”, performed on the current Tuesday 04 and Wednesday 05 in Geneva.“We believe in the construction of a human homeland, in the construction of a great Latin American homeland. Thus, we bring you a little bit of the deepest love and the sensibility of our people, through our youth” said Maduro.Press ReleaseEmbassy of the Bolivarian Republic of Venezuela in the Commonwealth of Dominica Sharing is caring! Tweetlast_img read more

Lady Bulldogs Drop Game To Lady Cougars

first_imgThe Batesville Lady Bulldogs traveled to Greenfield Central to take on the Cougars Friday night. Batesville held strong through 3 innings with an exceptionally power hitting Cougar team, but let down in the fourth with 4 errors finally conceding with a 13-2 loss.Highlights for the Bulldogs were Kylie Paul hitting 2-2 with a single and a triple, Madeline Cook 1-1, Kelsey Huffner 1-2, and Sarah Meyer 1-2.The Bulldogs drop to 3-7, 2-4 in conference play. They will host Connersville on Tuesday.Courtesy of Bulldogs Coach Todd Reed.last_img read more

Prosecutors request four-year jail term for ex-IAAF President Diack

first_img Loading… French prosecutors have requested that disgraced former International Amateur Athletic Federation (IAAF) President Lamine Diack be sentenced to four years in prison and fined €500,000 (£448,000/$562,000). Lamine Diack again told his corruption trial that he had no idea what his son was up to Diack is on trial in Paris for corruption, influence-trafficking and laundering money. Le Monde reports that prosecutors made the request on what is expected to be the penultimate day of the trial. A €500,000 fine would be the maximum amount permitted. Earlier this week, Diack admitted that he “unquestionably” should have been more vigilant during his time at the helm of the organisation. The Senegalese official was also unable to explain why his son – co-defendant Papa Massata Diack – and associated companies transferred €600,000 (£539,000/$679,000) into his bank account between 2011 and 2015. The 87-year-old was IAAF President from 1999 until 2015 and an International Olympic Committee member between 1999 and 2013 but stood down as an honorary member in 2015 following his arrest. Diack has been under house arrest since November 2015, suggesting the chances of him serving time inside a prison are low. Papa Massata Diack, who handled valuable marketing rights for the IAAF, allegedly making millions of euros in “exorbitant” and illegal commissions, has refused to be extradited from Senegal so is being tried in absentia. He is alleged to have siphoned off €10 million (£9 million/$11.3 million) in one instance alone, when Russian bank VTB made a payment of €29 million (£26.1 million/$32.8 million) to sponsor the IAAF – since rebranded as World Athletics – from 2007 to 2011 but the International Federation only received €19 million (£17.1 million/$21.5 million). Prosecutors have requested a five-year prison sentence and €500,000 fine for the younger Diack. Given that the prosecution has been unable to extradite him to France, again the chances of him spending any time in a French prison would appear slim. Ex-advisor Habib Cissé and Gabriel Dollé – the former anti-doping chief at the IAAF – are also standing trial, and so too former Russian Athletics Federation President Valentin Balakhnichev and Alexei Melnikov, the former head distance coach of the Russian national team. read also:Lamine Diack pleads ignorance as absent son looms over IAAF trial It is alleged that Diack diverted Russian funds to political campaigns in his native Senegal, including Macky Sall’s Presidential bid in 2012, in exchange for the IAAF anti-doping arm burying offences by Russian athletes. Sall won the 2012 election and remains the President of Senegal. FacebookTwitterWhatsAppEmail分享 last_img read more

Maya Yoshida says keeping best players is vital for Southampton’s progress

first_imgMaya Yoshida believes “really great things” lie ahead at Southampton if they can head off interest in manager Ronald Koeman and their star players. Press Association Saints have been in the ascendancy since securing promotion from League One in 2011, with last season’s seventh-place finish the club’s best-ever Premier League campaign. That success saw the vultures once again swoop on St Mary’s, yet Koeman’s men appear to still be on track judging by the fact they sit eighth in the standings. center_img Reports suggest Sadio Mane, Victor Wanyama and Graziano Pelle could be the next batch to exit, while former Barcelona defender Koeman is understandably attracting interest – key figures that Yoshida believes can help Saints scale even greater heights. “It’s not easy to lose two or three of your best players every season and stay at the same, high level,” Yoshida told www.fifa.com. “But although Southampton is not a huge club, it is run very well and the academy system is fantastic. “That gives us a big foundation to build on. If we can keep the manager and maybe hold on to our best players going forward, I think we can do some really great things.” last_img read more

Annai Secondarycrowned champs of KFC Football tournament

first_imgANNAI Secondary defied the odds on Sunday evening to be crowned champions of the second edition of the Petra Organisation’s KFC Goodwill football tournament.Played at the Ministry of Education ground on Carifesta Avenue, the game was tense in the lead up but by the final whistle, the margin was 2-0 in favour of Annai over Lodge Secondary.Annai stayed true to their attacking mindset and from the first whistle they got started causing trouble in the Lodge backline.The Region Nine team wasted little time in going for goal, having three tries on the goal in less than 10 minutes into the game.However, it was eventual Most Valuable Player (MVP) Junior Rodrigues who opened Annai’s account in the 20th minute.Annai Secondary players display their trophy for winning the KFC Goodwill series. (Elvin Croker photos)He pounced on a volley from a corner piece to send a screamer past the goalkeeper and send those in attendance into frenzy.Niaaz Mohamed doubled the team’s lead just three minutes later after some fancy footwork allowed him to ‘dance’ into the box and deliver a low shot that was just out of the diving Lodge keeper’s hands.At the half, Annai were leading but on the resumption, Lodge came out fiercely. Try as they might, however, they could not pierce the backline of the hinterland team.In the third-place playoff earlier in the evening, Shiva Boys made light work of DC Caesar Fox (Waramadong) Secondary 3-1. Adica Ash, the tournament’s highest goalscorer, added two more goals to Stephen Thomas’s opener in the 15th minute being the other goal.last_img read more

Durant one of NCAA’s finest

first_imgThere are certain days that are just too good to be true. That’s how Thursday was shaping up to be. I had only one class scheduled, and it was the first day of the tournament. I was all set to skip that class and write a running diary of my day watching three games at once. It seemed too good to be true. It was.I found out that my midterm in Politics of Sports was scheduled smack dab in the middle of the day. Ninety percent of the class probably signed up for it just because the word “sports” was in the title, and now we’ve missed the first round of the tournament!So there went the running diary and my comfortable position lounging in my chair all day.At least the selection committee did me the favor of scheduling the Badgers’ game for Friday, so I didn’t have to miss my exam.One thing I noticed when watching the games was that CBS kept running these Naismith candidate spotlight features. Sure, it’s probably contractually obligated, but do they really need to do these? At this point, isn’t the Player of the Year race almost over?All year long, candidates have come and gone. For a while, Alando Tucker looked like he was the frontrunner with huge games against Marquette, Pittsburgh and Ohio State. Then Kevin Durant happened.Durant basically decided that nothing was going to stop him. This, by no means, takes anything away from Tucker. This season he has been nothing less than exceptional for the Badgers. With all respect due to Tucker, his season just doesn’t quite measure up.But Durant has that aura around him. When he touches the ball, you know something is going to happen. He is at his best in the biggest games and always seems to come up with the big shot.In Texas’ triple overtime game against Oklahoma State and double-OT game against Texas A&M, Durant hit clutch shots to extend both games. In Texas’ Big 12 tournament game against Oklahoma State, Durant cold-bloodedly nailed a 3 off an offensive rebound to put Texas ahead for good in the final minute. All told, Durant set the Big 12 Conference tournament scoring record — he tallied 92 points in only three games — in a conference that has seen the likes of Danny Manning, Marcus Fizer and Bryant “Big Country” Reeves. Even more impressive, Durant is doing all this as a true freshman. Put into context by my roommate Dylan after a ridiculously emphatic Durant dunk: “He’s the same age as one of those punk freshmen we have over before the football games.”When you think about it that way, Durant is simply remarkable. To think, a year ago at this time he was trying to figure out which hottie-bo-bottie from his high school he was going to ask to prom. Now he is out there coldly sinking NBA-range 3s to win the game in front of 20,000 screaming fans, and he doesn’t look like he is even fazed one bit by it.His stats measure up to the accolade as well. On the season, Durant ranks fourth in the NCAA in both points and rebounding, a testament to the overall quality of his game. On top of that, he is not a bad defender, either. While there is still an outside chance Tucker could bring home one of the POY awards with a deep tournament run propelled by great individual efforts, the award is Durant’s to lose at this point, and so far he has shown no signs of choking when the pressure is on. Ben Voelkel is a sophomore majoring in political science. Want to make a case for someone besides Durant for POY? E-mail him at bvoelkel@badgerherald.com.last_img read more

High Point’s Chris Young has transformed from faceoff specialist to prolific scorer

first_img Facebook Twitter Google+ Published on April 11, 2019 at 11:30 am Contact Eric: estorms@syr.edu Chris Young knew he couldn’t miss again. On Feb. 6, then-unranked High Point traveled to Durham, North Carolina, to face then-No.2 Duke. Young had already scored three times, but an earlier doorstep-shot got stuffed and the miss stayed with Young. So in the fourth quarter, Young noticed empty twine up three, ripped and scored. Just three years earlier, Young was at Penn State, struggling for playing time as a faceoff specialist — the position he’d been recruited for at two different schools. But with a background in box lacrosse, Young grew up playing every position. After the seventh game of the 2017 season, Young stopped taking tries at the faceoff-X. Now a permanent attack, he scored 16 goals in 14 games his redshirt-sophomore year. This season for No. 13 High Point (9-2, 3-1 Southern), he’s already scored 36 in 11, a per-game scoring-average high enough for ninth in the nation (3.27). Once under-recruited as a faceoff specialist, Young went off the board at 28th overall in this year’s Major League Lacrosse Draft, taken by the Ohio Machine. “The way that he plays attack you would think he’s been playing it his whole life,” teammate Asher Nolting said.While playing box lacrosse in Canada, Young idolized Shawn Evans who proved to Young, now at 5-foot-8, that he could be dominant in the sport despite a lack of size. Young grew up training with his older brother, Sean, who played as a defenseman for Syracuse and was drafted 37th overall in the 2015 MLL Draft. AdvertisementThis is placeholder textYoung attended The Hill Academy, a sports-focused center in Ontario. There, he “basically learned everything” about lacrosse. Young worked on stick skills, off-ball movement and, most importantly, how to win a faceoff. His talent at the faceoff-X earned him interest from Robert Morris, where he committed in 2015.But then Young spoke with Penn State head coach Jeff Tambroni who said there was a spot for him at the faceoff-X. Young connected with PSU in a way he hadn’t with RMU. On the field, though, Young struggled to get playing time and felt “lost in the shuffle” at such a big school. After deciding to transfer, he said he fell in love with High Point despite not knowing if his role would be any different. Alex Woodall, the Panthers’ former faceoff option, transferred and opened up a spot in the starting lineup.Courtesy of High Point AthleticsIn his first season at High Point, he remained at the X, winning 33-0f-94 in 2017.  But coaches believed that Young’s versatility could transfer to attack. After splitting time in the beginning of the season, Young took his last draw against Providence on March 11, 2017. In 2018, Young’s attacking prowess had developed. Young is a true crease attackman, High Point offensive coordinator Ken Broschart said. Young rarely leaves a 10-yard radius around the net and pairs with it his rides that make him one of the best in the country, Broschart said. Young kept adapting to the position at a collegiate level. Broschart noticed Young’s developed lacrosse IQ have made him an even more well-rounded player, especially in terms of his hands and finishing. With High Point down 3-0 early to then-No. 9 Virginia on Feb. 18, Nolting fired a pass inside to Young. Young shot but hit the shaft of the goalie’s stick and the ball bounced away. “I don’t think I could’ve missed that if I had a baseball bat in my hand,” Young joked to Nolting shortly after. For the rest of the contest, Nolting said the rest of the attack “loosened up.”Despite a slow start, it was a turning point for the group. The Panthers scored the next five goals and went on to win 14-13.Nolting said he and his teammates often jokingly give Young a hard time that he has the easiest job on the team since all he has to do is catch and shoot. In the two years since switching to attack — from being a specialist to a top-option — Young has embraced it.“I think a lot of players are the same even at the highest levels,” Broschart said. “A lot of players do a certain thing and (Young) does something that’s really unique in terms of how he finishes where you really have to change your whole slide package around him, you know you can’t leave him on the crease.” Commentslast_img read more