Recently, the news broke that Wu Yingjie, a former member of the 14th National Committee of the Chinese People's Political Consultative Conference (CPPCC) and the former director of the Committee on Culture, History, and Study, has been expelled from the Communist Party of China (CPC) due to serious violations of discipline and law. This decision, taken after an investigation by the party's disciplinary watchdog, serves as a stark reminder of the party's relentless commitment to upholding integrity and combating corruption at all levels of government.
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VANCOUVER, BC , Dec. 3, 2024 /CNW/ - LUC LUC (Nasdaq Stockholm: LUC) Lucara Diamond Corp. ("Lucara" or the "Company") is pleased to provide operating guidance for 2025. All amounts are in USD unless otherwise stated. View PDF William Lamb , Lucara's President and CEO, commented on the 2024 progress noting that, "To date in 2024, Lucara achieved remarkable milestones at its Karowe Mine in Botswana , successfully meeting and exceeding all production targets. The Company's strategic focus on the underground mining project showed significant advancement, with shaft depths reaching new records. Further, our innovative extraction technologies are once again proving the quality of the resource through the recovery of two exceptional diamonds larger than 1,000 carats, including the epic 2,488-carat diamond and the 1,094-carat diamond. We have also demonstrated substantial progress in reducing operational costs and improving sustainable mining practices." 2025 OUTLOOK This section provides management's production and cost estimates for 2025. These are "forward-looking statements" and subject to the cautionary note regarding the risks associated with forward-looking statements. Karowe Mine Full Year 2025 Diamond revenue ($ million) 195 – 225 Diamond sales (carats) 400,000 – 420,000 Diamonds recovered (carats) 360,000 – 400,000 Ore mined (million tonnes) 1.6 – 2.0 Waste mined (tonnes) Up to 200,000 Ore processed (million tonnes) 2.6 – 2.9 Total cash operating costs ($ per tonne processed) 28.50 – 31.00 Underground project ($ million) Up to 115 Sustaining capital ($ million) Up to 13 Average exchange rate (Botswana Pula per United States Dollar) 13.0 REVENUE AND SALES CHANNELS For 2025, the Company's revenue forecast assumes that 79% of the carats recovered will come from the higher value M/PK(S) and EM/PK(S) units within the South Lobe, the sale of its diamond inventory, and the remaining carats recovered come from the Centre Lobe in accordance with the mine plan, generating revenue between $195 and $225 million . South Lobe material, while lower grade than the Centre and North Lobes, has a higher weight percentage of stones greater than 10.8 carats in size ("Specials"). MINING AND PROCESSING ASSUMPTIONS In 2025, the Company expects to mine between 1.8 and 2.2 million tonnes of combined ore and water, which will be processed in combination with stockpiled materials in 2025. The assumptions for carats recovered and sold as well as the number of ore tonnes processed are consistent with achieved plant performance in recent years. Stockpiled material (North, Centre, South Lobe) from working stockpiles and life-of-mine stockpiles should provide uninterrupted mill feed until 2027 when Karowe underground project ("UGP") development ore is scheduled to start offsetting stockpiles with high-grade ore from the underground development. Full scale underground production is planned for H1, 2028. UNDERGROUND AND SUSTAINING CAPITAL EXPENDITURES The underground development is expected to extend Karowe's mine life to beyond 2040. In 2024, significant progress was made in shaft sinking and lateral development connecting the production and ventilation shafts, with the critical path ventilation shaft being ahead of the July 2023 rebase schedule. In 2025, capital costs for the UGP are expected to be up to $115 million and will focus predominantly on shaft sinking activities to final depth, equipping of the production shaft and station development. Surface works will focus on permanent winders being installed and cold commissioned. Tendering the underground lateral development contract along with underground equipment purchases will also be completed in 2025. Sustaining capital are expected to be up to $13 million with a focus on the replacement and refurbishment of key asset components, in addition to expansion of the tailings storage facility and pit steepening activities which will extend the mine's ability to extract South lobe material from the pit in 2025. On behalf of the Board , William Lamb President and Chief Executive Officer Follow Lucara Diamond on Facebook , Instagram and LinkedIn ABOUT LUCARA Lucara is a leading independent producer of large exceptional quality Type IIa diamonds from its 100% owned Karowe Diamond Mine in Botswana . The Karowe Mine has been in production since 2012 and is the focus of the Company's operations and development activities. Lucara has an experienced board and management team with extensive diamond development and operations expertise. Lucara and its subsidiaries operate transparently and in accordance with international best practices in the areas of sustainability, health and safety, environment, and community relations. Lucara is certified by the Responsible Jewellery Council, complies with the Kimberley Process, and has adopted the IFC Performance Standards and the World Bank Group's Environmental, Health and Safety Guidelines for Mining (2007). Accordingly, the development of the Karowe underground expansion project ("UGP") adheres to the Equator Principles. Lucara is committed to upholding high standards while striving to deliver long-term economic benefits to Botswana and the communities in which the Company operates. The information is information that Lucara is obliged to make public pursuant to the EU Market Abuse Regulation. This information was submitted for publication, through the agency of the contact person set out above, on December 3, 2024 , at 2 p.m. Pacific Time . CAUTIONARY NOTE REGARDING FORWARD LOOKING STATEMENTS Certain statements made and contained herein and elsewhere constitute forward-looking statements as defined in applicable securities laws. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as "expects", "anticipates", "believes", "intends", "estimates", "potential", "possible" and similar expressions, or statements that events, conditions or results "will", "may", "could" or "should" occur or be achieved. These statements relate to future events or our future performance. All statements other than statements of historical fact are forward-looking statements. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made, and they are subject to a number of known and unknown risks, uncertainties and other factors, many of which are difficult to predict, and which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievement expressed or implied by such forward-looking statements. The Company believes that expectations reflected in this forward-looking information are reasonable, but no assurance can be given that these expectations will prove to be accurate. Forward-looking information should not be unduly relied upon. This information speaks only as of the date of this press release, and the Company will not necessarily update this information, unless required to do so by securities laws. In particular, forward-looking information and forward-looking statements in this news release may include, but are not limited to, the Company's revenues, sales, diamond recoveries, mine life, expectations regarding the updated schedule and budget for the Karowe underground expansion project (the "Karowe UGP"), ore and waste mined, ore processed, cash costs and expenses, anticipated total capital expenditures for the Karowe UGP and the schedule to develop and complete the Karowe UGP, and the Company's ability to continue as a going concern, the ability to meet its obligations under the Rebase Amendments with its Lenders, the Company's ability to fill the COF, the size distribution model, including expectations regarding +10.8ct and specials production, forecast cost at completion, expectations regarding construction and production, expectations regarding the project economics and recovery, expectations regarding the first years of the Karowe UGP recovery and production, including by source, estimated capital to reach project completion, expectations regarding the sufficiency of surface stockpiles, estimates regarding after-tax cash flow, economic risks, expectations regarding longer-term market fundamentals and price growth, the impact of supply and demand of rough or polished diamonds, expectations regarding top-up values and processing, the benefits to the Company of the diamond supply agreement with HB Antwerp and the ability to generate better prices from the sale of the Company's +10.8 carat production as polished stones, projected capital costs associated with the Karowe UGP, estimated capital costs, expectations regarding the sales changes and margin capture, the timing, scope and cost of additional grouting events, whether expected cash flow from operations, combined with external financing will be sufficient to complete construction of the Karowe UGP, sufficient stockpiled ore will be available to generate revenue prior to the achievement of commercial production of the Karowe underground mine, that the estimated timelines to achieve mine ramp up and full production from the Karowe UGP can be achieved, the economic potential of a mineralized area, the size and tonnage of a mineralized area, anticipated sample grades or bulk sample diamond content, expectations that the Karowe UGP will extend mine life, forecasts of additional revenues, future production activity, the future price and demand for, and supply of, diamonds, expectations regarding the scheduling of activities for the Karowe UGP, future forecasts of revenue, estimation of mineral resources, exploration and development plans, cost and timing of the development of deposits and estimated future production, interest rates, currency exchange rates, rates of inflation, requirements for and availability of additional capital, operating costs, timing of drill programs, timing of completion of technical reports and studies, tax rates, government regulation of operations, environmental risks and ability to comply with all environmental regulations and internationally recognized standards, and macro-economic and geopolitical risks. There can be no assurance that such forward looking statements will prove to be accurate, as the Company's results and future events could differ materially from those anticipated in this forward-looking information as a result of those factors discussed in or referred to under the heading "Risks and Uncertainties" in the Company's most recent MD&A and Annual Information Form, both available on the Company's website and under its profile on SEDAR+ at www.sedarplus.ca , as well as changes in general business and economic conditions, the ability to continue as a going concern, changes in interest and foreign currency rates, changes in inflation, the supply and demand for, deliveries of and the level and volatility of prices of rough diamonds, costs of power and diesel, impacts of potential disruptions to supply chains, acts of foreign governments and the outcome of legal proceedings, inaccurate geological and recoverability assumptions (including with respect to the size, grade and recoverability of mineral reserves and resources), and unanticipated operational difficulties (including failure of plant, equipment or processes to operate in accordance with specifications or expectations, cost escalations, unavailability of materials and equipment, government action or delays in the receipt of government approvals, industrial disturbances or other job actions, adverse weather conditions, and unanticipated events relating to health safety and environmental matters). SOURCE Lucara Diamond Corp. View original content to download multimedia: http://www.newswire.ca/en/releases/archive/December2024/03/c7546.html © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.The day was finally here, the day Brendan would marry the love of his life, Emily. As he stood at the altar, his heart swelled with love and anticipation, but there was also a tinge of sadness that his mother, who had passed away some years ago, would not be there to witness this momentous occasion. However, little did Brendan know that his beloved mother had found a way to be there in spirit, in a way that would bring tears to everyone's eyes.
In addition to its beauty-enhancing features, BeautyPlus also offers a range of AI-powered effects and filters that cater to different editing styles and preferences. Whether users prefer natural, vibrant, or artistic looks, the app's AI filters can intelligently adapt to enhance colors, contrast, and textures in a way that complements the overall aesthetic of the image. This versatility allows users to unleash their creativity and experiment with different editing styles, all with the help of advanced AI technology.
In the upcoming 16th round of the English Premier League, all eyes will be on the highly anticipated Manchester derby between Manchester City and Manchester United. Adding to the excitement is the appointment of referee Anthony Taylor to officiate this crucial clash. ST. PAUL, Minn. — Kirill Kaprizov scored with 23.4 seconds left in overtime and the Minnesota Wild rallied to beat the Vancouver Canucks 3-2 on Tuesday night for their sixth victory in eight games. Frederick Gaudreau and Jake Middleton also scored for Minnesota, and Filip Gustavsson made 30 saves. The Wild improved to 17-4-4, giving them an NHL-best 38 points. Brock Boeser nearly won it for Vancouver on a two-on-none break, but his shot was just wide of the right post. A lively bounce off the end boards went out to Marco Rossi, who carried the puck into the Canucks zone and fed Kaprizov for a one-timer at the end of a lengthy shift. His 16th goal of the season was his ninth career OT winner. Quinn Hughes and Jake DeBrusk scored for Vancouver, and Elias Pettersson had two assists. Kevin Lankinen made 26 saves but lost for the first time in 11 road starts. DeBrusk scored with 41 seconds left in the second period for a 2-1 lead, but Middleton tied it less than two minutes into the third. Takeaways Canucks: Hughes scored midway through the first and has two goals and eight assists in his past five games. It was the first power-play goal by a Canucks defenseman this season. Wild: Won for the first time in six chances when trailing after the second period and improved to 3-4 in overtime. Vancouver Canucks left wing Jake DeBrusk, left, celebrates after scoring a goal past Minnesota Wild goalie Filip Gustavsson during the second period of an NHL hockey game Tuesday, Dec. 3, 2024, in St. Paul, Minn. Credit: AP/Craig Lassig Key moment Lankinen stopped Joel Eriksson Ek on a breakaway 30 seconds into overtime before Gustavsson robbed Erik Brannstrom less than two minutes later. Key stat DeBrusk leads Vancouver with 11 goals. Eight have come in his past six games, including a hat trick Sunday in Detroit. Up next Vancouver opens a six-game homestand Friday against Columbus. Minnesota starts a three-game road trip Friday at Anaheim.
Furthermore, the company's focus on digital transformation and technological advancement has enhanced its operational efficiency and service quality. By leveraging data analytics, artificial intelligence, and other cutting-edge technologies, China Life Insurance has optimized its processes, streamlined customer service, and personalized its offerings, thus fostering greater customer satisfaction and loyalty.
The new regulations seek to address these shortcomings by promoting a more flexible and nuanced evaluation framework that takes into account a broader range of factors. Rather than focusing solely on price and volume discounts, the updated evaluation methods will consider aspects such as product quality, supplier reliability, and after-sales service. By adopting a more comprehensive approach to evaluation, the new regulations aim to incentivize suppliers to continuously improve their offerings and provide better value for money to healthcare institutions.
As the investigation into the incident unfolds, students at Jinan University are hopeful that their voices will be heard and that steps will be taken to improve the food services on campus. They are determined to hold the food stall owners and the university administration accountable for ensuring a fair and affordable dining experience for all students.David Beckham attends his first state banquet at Buckingham Palace for Qatari visit
The high market recognition and strong demand for the 40 billion yuan subordinated capital bonds also reflect investors' confidence in China Minsheng Bank's business performance, management capabilities, and future development prospects. The successful issuance of the bonds further demonstrates the Bank's leading position in China's financial industry and its ability to seize opportunities and innovate in a rapidly changing market environment.The European Union has long been at the forefront of efforts to regulate the activities of tech giants like Google and Meta, which hold significant power and influence over the online advertising industry. The latest investigation into their secret advertising deals comes as a response to growing concerns about the lack of transparency and competition in the sector, with fears that such practices could harm smaller players and limit consumer choice.
Directed by acclaimed filmmaker Alex Garland and produced by the visionary team behind the original film, "28 Years Later" picks up two decades after the events of the first movie, where a deadly virus decimated the population of the United Kingdom. As society struggles to rebuild itself in the aftermath of the outbreak, a new threat emerges that threatens to plunge the world into chaos once again. With the return of several key cast members and a fresh storyline that pushes the boundaries of horror storytelling, this sequel is set to redefine the genre and captivate audiences with its gripping narrative and terrifying visuals.da-kuk In my recent article called MSTX: Take The Risk, Make The Gains , I made a case for Bitcoin ( BTC-USD ) breaching $100k and heading toward two key levels. The first of these was $123k, as predicted by Binance's Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
The comedian, known for his sharp wit and edgy humor, began his routine by addressing the issue of women feeling unsafe when walking alone at night. He made light-hearted jokes about carrying pepper spray and constantly checking over one's shoulder, aiming to shed light on the everyday fears that many women experience. The audience responded with a mix of laughter and nods of understanding, appreciating the comedian's ability to tackle a serious topic with humor.Ibrahimovic, known for his physicality, aerial prowess, and thunderous shots, achieved the feat in just 11 matches during his time with Paris Saint-Germain. His incredible goal-scoring record, both in France and across Europe, has solidified his status as one of the most prolific forwards of the modern era.Although their absence from the public training session may have raised some eyebrows among fans and media alike, the decision to engage in personal training reflects the players' dedication to improving their individual skills and overall performance on the field. Coach Inzaghi emphasized the importance of tailored training programs to address specific areas of improvement for each player, highlighting the team's commitment to continuous growth and development.
As the couple got started, they engaged in playful banter, teasing each other and sharing anecdotes from their relationship. Fans watching the live stream were delighted by the couple's chemistry and humor, which added to the entertainment value of the broadcast.2. Create a sleep-conducive environment: Make sure your bedroom is dark, quiet, and cool for optimal sleep.
Furthermore, the Chinese Table Tennis Team's impressive performance in the ITTF World Ranking has further solidified their position as the best in the world. With multiple players consistently ranked at the top of the world rankings, the Chinese team has proven time and time again that they are the ones to beat, showcasing their unrivaled skill, determination, and passion for the sport.
While the FIFPRO Best 11 is a celebration of the best performers in world football, the absence of Lionel Messi and Cristiano Ronaldo has caught many by surprise. Messi, a multiple-time Ballon d'Or winner and one of the greatest players of all time, had a memorable season with Barcelona despite their struggles. Ronaldo, the evergreen goal-scoring machine, continued to defy age and break records with Juventus. The exclusion of these two footballing icons has sparked debates and discussions about the criteria and selection process for the Best 11.Elisabeth Borne, only the second woman to serve as French prime minister, is making a surprise return to frontline politics as education minister less than a year after losing a job that she never wished to relinquish. An experienced technocrat known for her resilience who pushed through a controversial pensions overhaul while in office, Borne served as premier from May 2022 to January 2024. The 63-year-old engineer was the first woman to head a French government in three decades after the brief stint in office of Edith Cresson who lasted under 11 months in the early 1990s, during which time she endured rampant sexism. When Borne took power, she dedicated the moment to "all the little girls". "Follow your dreams, nothing must slow the fight for women's place in our society," she said. But her departure after just over 18 months left her denouncing the "insidious sexism" that she said still permeated French politics. At President Emmanuel Macron's request, she resigned in January and was replaced by the then 34-year-old Gabriel Attal, who became France's youngest head of government but he only lasted to the summer. Borne said after her resignation that women in politics were "constantly" compared to men. "Men in politics, they all have an interest in imposing masculine codes, it eliminates the competition," she added. She also noted that all candidates to succeed her were men. "It's as if commentators were saying to themselves, 'We've just had a woman prime minister for 20 months, that's it, we're back to normal life'," she told RTL. Even when she handed over office to Attal on January 9, Borne had made clear her resentment over sexism in French politics, saying: "I have also been able to see quite often that there is still some way to go for equality between women and men." But she added in a message to women: "Hold on, the future belongs to you." Borne had proved her loyalty to Macron during his first term in office, serving as transport, environment and finally labour minister from 2020. As premier she staunchly defended his flagship pensions reform to raise the retirement age from 62 to 64. She deployed a controversial executive power to force through the legislation without a vote, despite previously saying she did not want to use it. Discreet about her private life, Borne was accused by critics of showing too little personality in office. Borne's Jewish father had been deported to Auschwitz during World War II and survived the Nazi death camp but never fully recovered. Her father took his own life when she was just 11 years old. "It's shocking for an 11-year-old girl to lose her father in these conditions," Borne told LCI. "And I think I closed up and that I avoid showing my emotions too much." "I think... this closing up, maybe, goes a little far. Yes," she acknowledged. But she expressed pride over how France had allowed her to study under a special programme for children who have lost parents. "We are a country where you can be the daughter of an immigrant, where you may have lost your father at 11, but the country reaches out to you to allow you to study," she said. "And then you are a prefect (senior local official), and then you are a minister and you are even prime minister," she added. Her father, who was reportedly named Joseph Bornstein, fled to France from Poland in 1940 and then fought in the French resistance during World War II. He was captured and deported to Auschwitz in 1944. bur-sjw/as/phz
