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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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Spiceworks Brings Mobile Device Management Capabilities to IT Professionals — for Free

Category : Stocks, World News

Partnership With Fiberlink and Introduction of Spiceworks 7 Change the Way 2.5 Million IT Professionals Manage Mobile Devices

Go here to see the original: Spiceworks Brings Mobile Device Management Capabilities to IT Professionals — for Free

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12th Annual Meagan’s Walk Brings Out Thousands of Supporters

Category : World News

More than $3 million raised to date for brain tumour research at SickKids

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Smart meter project is delayed

Category : Business, World News

The introduction of energy smart meters in 30 million UK homes will be delayed for more than a year, the government announces.

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Youth unemployment in Europe – how is it affecting you?

Category : Business

The number of unemployed young people is at record levels across Europe, rising to over 50% in some countries. Share your experiences, frustrations, tips or success stories of finding work where you live.

Youth unemployment is one of the biggest problems facing the EU and it isn’t showing any signs of letting up. As of March 2013, 5.690 million young people (under 25) were unemployed in the wider EU area of 27 countries, with 3.599 million in the eurozone .

Greece has recorded an unemployment rate of 59.1% at the beginning of this year with Spain reporting 55.9%, Italy 38.4% and Portugal 38.3%.

We would like to hear your experiences of the job market in your country. Are you worried about finding a job after you leave training or education? Have you been successful in finding employment or have you been out of work for a long time? How has your life been affected due to a lack of employment opportunities? Do you have any tips on finding work you’d like to share?

Share your experiences and concerns by filling in the form below. A selection of the best responses will be posted on the site as part of a readers’ panel.

Publicis Groupe S.A. (PUBGY: OTC Link) | Home Country News Release

Category : Stocks, World News

Fri, May 03, 2013 03:01 – Publicis Groupe S.A. (PUBGY: OTC Link) released their Home Country News Release concerning 190 Publicis key Executives invest €44.7million in the “GROUPE”. To read the complete report, please visit: https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=103661.

Go here to see the original: Publicis Groupe S.A. (PUBGY: OTC Link) | Home Country News Release

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Shortfall fears for mortgage holders

Category : World News

More than a million people with interest-only mortgages face a financial crunch when they have to pay them off, the regulator warns.

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Shortfall fears for mortgage holders

Category : Business, World News

More than a million people with interest-only mortgages face a financial crunch when they have to pay them off, the regulator warns.

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French unemployment at new high

Category : World News

The unemployment rate in France rose again last month for the 23rd time in a row, reaching a fresh high with 3.2 million people seeking work, official data shows.

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Spain unemployment hits record high

Category : Business

Unemployment has risen once again in Spain to another new record of more than six million, 27.2% of the workforce.

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U.S. Silver & Gold Inc. (USGIF: OTCQX International) | First Quarter Production Results and Corporate Update

Category : World News

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First Quarter Production Results and Corporate Update

PR Newswire

TORONTO, April 24, 2013

TORONTO, April 24, 2013 /PRNewswire/ – U.S. Silver & Gold Inc. (TSX: USA)
(OTCQX: USGIF) (“U.S. Silver & Gold” or the “Company”) today announced
production figures for its two 100% owned operating mines, the
high-grade silver Galena Mine Complex in Idaho and the high-grade gold
and silver Drumlummon Mine in Montana.

First Quarter Highlights

  • Consolidated production of 598,139 silver ounces and 2,161 gold ounces
    during the first quarter, which was budgeted to be the lowest
    production and highest cost quarter of the year.
  • Galena Mine Complex production of approximately 577,000 silver ounces at
    cash costs of $20.48 per ounce.
  • Management has taken immediate measures to reduce and manage costs, and
    has implemented further productivity measures to protect the balance
    sheet:
    • a total of $10 million in exploration, capital projects and development
      will be cut from the 2013 budget;
    • a further $1 million in savings will be achieved by reducing general and
      administrative costs at the corporate office and the Galena Mine
      Complex;
    • capital development resources will be re-deployed to profitable mining
      areas; and
    • mining in the Caladay Zone will be fast-tracked to commence in the third
      quarter of the year.

  • Given the recent decline in silver and gold prices, production at the
    Drumlummon Mine will be discontinued at the end of the second quarter
    when the mine will be put on care and maintenance.
  • As a result of the Drumlummon closure and cost initiatives, silver
    production for the year has been re-forecasted to 2.6 to 3.0 million
    ounces (from 2.7 to 3.0 million ounces), at lower projected silver cash
    costs of $16.00 to $18.00 per ounce.
  • The March 31, 2013 cash balance was approximately $11 million. Non-cash
    working capital was approximately $8.7 million exclusive of $7.9
    million
    in debt. The Company is currently in discussions with various
    lenders to re-finance the debt on more favourable terms.
  • Full quarterly results and further details on cost reductions will be
    communicated to shareholders during the first quarter earnings release
    and conference call scheduled for Monday May 13, 2013.
  • Galena First Quarter Production Details

    The Galena Mine produced 577,095 ounces of silver during the first
    quarter of 2013 at a grade of 9.6 ounces per ton and silver cash costs
    of $20.48 per ounce.

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