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Chase Bank Limits Cash Withdrawals, Bans International... Before you read this report, remember to sign up to http://pennystockpaycheck.com for 100% free stock alerts Chase Bank has moved to limit cash withdrawals while banning business customers from sending...

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Richemont chairman Johann Rupert to take 'grey gap... Billionaire 62-year-old to take 12 months off from Cartier and Montblanc luxury goods groupRichemont's chairman and founder Johann Rupert is to take a year off from September, leaving management of the...

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Cambodia: aftermath of fatal shoe factory collapse... Workers clear rubble following the collapse of a shoe factory in Kampong Speu, Cambodia, on Thursday

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Spate of recent shock departures by 50-something CEOs While the rising financial rewards of running a modern multinational have been well publicised, executive recruiters say the pressures of the job have also been ratcheted upOn approaching his 60th birthday...

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UK Uncut loses legal challenge over Goldman Sachs tax... While judge agreed the deal was 'not a glorious episode in the history of the Revenue', he ruled it was not unlawfulCampaign group UK Uncut Legal Action has lost its high court challenge over the legality...

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Jobs lost as historic mill closes

Category : Business, World News

Efforts to save Scotland’s oldest continually-operating textile mill from closure fail, leading to the loss of 33 jobs.

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North American Palladium Announces the Sale of Its Gold Division

Category : Stocks

TORONTO, ONTARIO–(Marketwire – March 22, 2013) - North American Palladium Ltd. (“NAP” or the “Company”) (TSX:PDL)(NYSE MKT:PAL) is pleased to announce that it has closed the sale of its Quebec-based gold division, NAP Quebec Mines Ltd., which holds the Vezza mine, the Sleeping Giant mine and mill complex, and its nearby portfolio of exploration properties, to Maudore Minerals Ltd. (“Maudore”). A binding agreement in respect of the sale was entered into on closing.

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Interfor’s Q4 Results Improve as Markets Strengthen

Category : Stocks

Grand Forks Mill Resumes Operations; Rayonier Acquisition Scheduled to Close March 1st

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Chanel buys Scots cashmere mill

Category : Business, World News

Luxury goods firm Chanel buys Barrie cashmere mill in Hawick, following the collapse of owner Dawson International.

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UK Coal reports £20m first-half loss and £450m pension deficit

Category : Business

UK Coal, which took over privatised mines, is to hive off property interests and split collieries into separate companies

Britain’s largest remaining coal mining business has reported a £20m first-half pre-tax loss and been forced to hatch a radical plan to try to pay off a £450m hole in its pension pot.

UK Coal, which inherited most of the privatised mines in England and Wales, is to hive off its property interests and divide its collieries into self-standing companies.

Bank debt is to be lifted off the mining business under an agreement with financiers that must be still endorsed by shareholders. Management is also hoping to reverse a vote by staff against new streamlined working conditions at the closure-threatened Daw Mill mine in Warwickshire (above).

Jonson Cox, chairman of UK Coal, admitted the total pension liabilities of the business now stood at £900m but he remained confident the £450m deficit could be filled, even if Daw Mill has to close.

He admitted the division into separate companies was designed to ensure that the financial collapse of one mine would not bring down the rest, and the pension deficit must be paid off by revenues produced from these operations which may only run for another 10 years at most.

The company, which has three deep mines and a number of open cast operations, has seen its production slump from 4.1m tonnes to 3.3m over the same period of 2011 due to geological and operational problems at Daw Mill and Thoresby in Nottinghamshire. In the first six months of 2011, UK Coal reported a profit before tax of £22m.

Silver Falcon Mining, Inc. (SFMI) and GoldLand Holdings Co. (GHDC) Provide Details on Their Respective Shareholders’ Meetings

Category : Stocks

BRADENTON, FL–(Marketwire – Jul 30, 2012) – Silver Falcon Mining, Inc. (OTCBB: SFMI) and GoldLand Holdings Co. (OTCBB: GHDC) will be having their respective annual 2011-2012 shareholders’ meetings, at Silver Falcon Mining, Inc.’s Diamond Creek Mill Facility, 14877 Silver City Road, Murphy, Idaho 83650.

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San Gold Corp. (SGRCF: OTC Link) | Home Country News Release – San Gold Reports Q2 Production of 18,241 oz Gold Despite Mill Interruption

Category : World News

San Gold Corp. has filed a Home Country News Release – San Gold Reports Q2 Production of 18,241 oz Gold Despite Mill Interruption To view the full release click here (link to PDF).

See the original post: San Gold Corp. (SGRCF: OTC Link) | Home Country News Release – San Gold Reports Q2 Production of 18,241 oz Gold Despite Mill Interruption

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Avion Gold Corp. (AVGCF: OTC Link) | Home Country News Release – AVION INCREASES 2012 PRODUCTION GUIDANCE AND PROVIDES AN OPERATIONAL UPDATE — MILL EXPANSION TO RESUME IN LATE 2012 OR EARLY 2013

Category : World News

Avion Gold Corp. has filed a Home Country News Release – AVION INCREASES 2012 PRODUCTION GUIDANCE AND PROVIDES AN OPERATIONAL UPDATE — MILL EXPANSION TO RESUME IN LATE 2012 OR EARLY 2013 To view the full release click here (link to PDF).

Here is the original post: Avion Gold Corp. (AVGCF: OTC Link) | Home Country News Release – AVION INCREASES 2012 PRODUCTION GUIDANCE AND PROVIDES AN OPERATIONAL UPDATE — MILL EXPANSION TO RESUME IN LATE 2012 OR EARLY 2013

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Rye Patch Gold Corp. (RPMGF: OTC Link) | Rye Patch announces 1.28m ozs gold in measured & indicated category & 0.54m ozs gold in inferred category contained in open pit configuration on Wilco project

Category : Stocks

RYE PATCH ANNOUNCES 1.28 MILLION OZS OF GOLD IN THE MEASURED & INDICATED CATEGORY & 0.54 MILLION OZS OF GOLD IN THE INFERRED CATEGORY CONTAINED IN AN OPEN PIT CONFIGURATION ON THE WILCO PROJECT< ?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />

Vancouver, British Columbia, June 27, 2012 – Rye Patch Gold Corp (TSX.V: RPM; OTCQX:

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Andes Gold Corporation to Process Ore Under Contract

Category : Stocks, World News

BOCA RATON, FL–(Marketwire – Jun 21, 2012) – Andes Gold Corporation (PINKSHEETS: AGCZ), a gold mining company with existing operations in Ecuador, is pleased to announce that it has agreed to mill gold for Au International LLC. Au International is purchasing ore from gold mines without milling capacity in Ecuador and will deliver the ore to Andes Mill in Zaruma to be processed. The company will be paid to process the ore as well as receive an 8% royalty on the finished product. The Company expects to process 20 tons of ore per day for Au International LLC.

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