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Chase Bank Limits Cash Withdrawals, Bans International... Before you read this report, remember to sign up to 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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Barnes & Noble shares jump 24%

Category : World News

Shares in the bookstore chain Barnes and Noble have shot up after reports Microsoft was planning to buy its Nook e-reader.

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Orofino Gold Corp (ORFG: OTC Pink Current) | Orofino Gold Corp: The Company targets improved State of the Art Gold Recovery Systems

Category : Stocks

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Orofino Gold Corp: The Company targets improved State of the Art Gold Recovery Systems

PR Newswire

LAS VEGAS, May 10, 2013

LAS VEGAS, May 10, 2013 /PRNewswire/ – Orofino Gold Corp. (PINK OTC: ORFG)
(“Orofino Gold” or the “Company”) is pleased to announce that it has
Gold development projects in Colombia, a current hot spot for large
Gold/Copper porphyry systems, with the occurrence of the very high
grade gold vein systems in the central part of the Senderos de Oro
project and with many small scale grinding and amalgamation mills

Orofino Gold is planning to design a central processing and recovery
facility that is modular in design and will be capable of processing
enough high grade material to produce up to100, 000 ounces of gold
annually while the Company continues to explore further the potential
Primary Porphyry target.

The company has reviewed several engineering and design firms with gold
production design facilities, fabrication, and operational expertise
and is reviewing a short list prior to engaging the design team.
Orofino intends to continue the relationships currently enjoyed with
government agencies, the local communities, as well as current
production teams and will involve these groups in all major processing
and production planning decisions.

Forward-Looking Statements

These statements are not guarantees of future performance and involve
certain risks and uncertainties that are difficult to predict. Actual
results could vary materially from the description contained herein due
to many risk factors that affect the industry the Company operates in
and other risk factors listed from time to time in the Company’s
Securities and Exchange Commission (SEC) filings under “risk factors”
and elsewhere. The forward-looking statements contained in this press
release speak only as of the date on which they are made, and the
Company does not undertake any obligation to update any forward-looking
statement to reflect events or circumstances after the date of this
press release.

SOURCE Orofino Gold Corp.

Excerpt from: Orofino Gold Corp (ORFG: OTC Pink Current) | Orofino Gold Corp: The Company targets improved State of the Art Gold Recovery Systems

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VIDEO: Parliament protest amid Portuguese cuts

Category : World News

Portugal is planning to cut 30,000 civil service jobs and to raise the retirement age by one year to 66 as it tries to meet the terms of a bailout.

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Hampstead Heath protests over mansions of the megarich

Category : Business

New homes that could feature in Grand Designs have raised questions over the application of planning laws

It is a quiet lane, overhanging trees creating a tunnel of green gloom, which has inspired some of the greats of English literature. Keats and Coleridge once walked here, both enthralled by the birdsong of nightingales.

Today Millfield Lane in north London remains one of the most secluded tracks through Hampstead Heath, a shaded trail that snakes past woods and bathing ponds and finishes at Kenwood House, the impressive former stately home at the top of one of London’s finest lungs.

But the lane’s renowned tranquillity is under threat. A handful of putative but spectacular developments stretching along the lane, which would not look out of place on television’s Grand Designs, are causing deep disquiet. Some local residents fear they will spoil the country feel of the lane; others worry about the disruption caused by builders’ lorries and the threat the massive developments present to the Heath’s fragile water table. At the heart of the row is a wider concern: the power of the ultra-wealthy to circumvent planning laws, even if it means spending millions on buying crumbling properties only to knock them down.

The most advanced development, a 13,000 sq ft futuristic glass and steel house, with chutes spiralling down from the first floor to the swimming pool below, is only weeks from completion. In recent months graffiti has appeared on the temporary wooden fence around the building site, attacking Camden council for approving the development. “How did this get planning permission?” someone scrawled with a marker pen.

However, the property’s owner, believed to be a hotelier, has gone some way to placating the local – and often voluble – Fitzroy Park residents’ association. Having knocked the original house down on site to make way for the new, modernist property, disruption was kept to a minimum and local groups were consulted throughout construction.

“We worked with the neighbours and all the interested groups,” said Neil Westwick, associate director of Nathaniel Lichfield & Partners, which handled the planning application. “That’s the key to planning; you’ve all got to get on.” Westwick did concede that the new building currently clashed with its bucolic surroundings: “Without the trees, it’s a bit stark, but it will blend into the Heath once summer arrives and we’re able to progress with tree planting.”

But some local people fear that the development will see mega-homes mushroom along the Heath’s borders. At least five homes in the Fitzroy Park area have major planning applications before the council. Several appear to be seeking to squeeze more square footage out of their existing plot of land, either by demolishing the existing building or “digging down” – that is, excavating.

“It sets a dangerous precedent,” said Mary Cane, of the Kenwood Ladies’ Pond Association, whose natural swimming pool lies less than 100 metres from the new developments. “There is a concern that the unpretentious, older domestic dwellings in Fitzroy Park will be bought by greedy bankers with large bonuses in their pockets, so that they can build huge houses with giant basements and extensive servants’ quarters.”

A previous attempt by a Russian oligarch to build a stucco-fronted neo-Georgian mansion on one of the sites, known as the Water House, was abandoned following vociferous opposition that attracted the support of local celebrities, including actor Tom Conti and Monty Python star Terry Jones. Residents complained that any development on the site would have an impact on the water table and claimed that hundreds of heavy lorries would have to use the lane to remove soil.

Paul Munford, a financier, who specialises in “luxury asset finance” and who recently resubmitted plans to the council to develop a single-storey property on the site, said he had commissioned five independent hydrology reports which concluded there would be no impact on the water table. He insisted that only about four lorries a day would run up and down the lane for around six months and that the development, which has a green roof that cannot be seen from the Heath, would be “very low impact”.

Munford is aware of the controversy, but points out that Hampstead is an area rich in modern architecture, much of it unpopular when it was first unveiled. Ernö Goldfinger’s modernist home and Berthold Lubetkin’s art deco buildings, Highpoint I and II, were both attacked when they were built in the 1930s, but are now considered of huge historical importance.

“Hampstead is a place where good ideas and great architecture have been, and should continue to be, allowed to flourish,” Munford insisted.

But his attempts to mollify his critics have been given short shrift by the Ladies’ Pond Association, whose position remains unchanged since it wrote to the council in 2011 explaining that Millfield Lane in its current form could not cope with the heavy lorries needed to move thousands of tonnes of soil. It said the lane was “one of the very few remaining country lanes, possibly in the whole London area, untarred and unlit, and we do not want to see it changed”.

The association’s comments have been echoed by the Highgate Society, which observes that north London’s multi-millionaires are spreading out beyond their traditional enclave around The Bishops Avenue, one of Britain’s most expensive roads, because “they must now live as close as possible to Hampstead Heath, where their grandiose architectural fantasies can be looked upon in awe by as many people as possible”.

To the heritage brigade, the spread threatens to undermine the Hampstead Heath Act of 1871, which charged the City of London with keeping “the Heath open, unenclosed and unbuilt on”.

Munford, however, believes that planning laws should not act as a brake on cutting-edge architecture if it is sympathetic to its natural surroundings and quotes with approval the maxim that an “Englishman’s home is his castle”.

It appears an intractable row, one in which emotions run deep. As Keats observes in the opening line of On the Grasshopper and Cricket: “The poetry of earth is never dead.”

Workers ‘losing track of pensions’

Category : Business, World News

People changing jobs are losing track of their clutch of workplace pension pots – making retirement planning more difficult, a charity says.

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Severn Trent PLC (STRNY: OTCQX International Premier) | Home Country News Release – Severn Trent Plc Executive Succession Planning

Category : World News

Severn Trent PLC has filed a Home Country News Release – Severn Trent Plc Executive Succession Planning To view the full release click here (link to PDF).

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At Your Next Party Make the Fun Last, Not the Waste

Category : Stocks

MISSION, KS–(Marketwired – Apr 4, 2013) – (Family Features) When hosting a party, the excitement is often about the guest list, invitations and the menu, but what about the amount of trash that comes out of gathering with family and friends? Actress Tiffani Thiessen and party planner, Heidi Mayne, share innovative and eco-friendly party planning ideas, so you can increase the fun, while decreasing your waste. 

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Ryanair in new expansion drive

Category : Business

Ryanair is planning to increase its aircraft fleet by a third to 400 planes after ordering 175 planes from Boeing.

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American and US Airways ‘to merge’

Category : Business

American Airlines and US Airways are planning to form one of the world’s biggest airlines, according to media and newswire sources.

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Preparing Your Car for Long Journeys

Category : Stocks, World News

LEEDS, UNITED KINGDOM–(Marketwire – Feb. 6, 2013) - Breakdown cover could help those planning a long journey this winter.

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