Newmont expands interest in Gabriel

first_imgNewmont Canada has acquired 3,878,302 common shares of Gabriel Resources through open market purchases on the Toronto Stock Exchange, representing approximately 1.5% of Gabriel’s outstanding common shares. Newmont holds, in the aggregate as of today’s date, 50,724,702 common shares, representing approximately 19.9% of the outstanding common shares of Gabriel. Gabriel is battling against some of the worst NGO atrocities ever seen to develop the Rosia Montana project in Romania. The Rosia Montana project is located in west-central Romania in a historic mining district known as the Golden Quadrilateral. This famous mining district in the South Apuseni Mountains of Transylvania covers an area of approximately 900 km2 immediately to the north of the regional centre of Deva. The Rosia Montana gold deposits are located 80 km northwest (by paved road) of the regional centre of Alba-Iulia, via the towns of Zlatna and Abrud. The village of Rosia Montana and the nearby town of Abrud are today the two main centres housing staff and associated infrastructure for the Rosia Montana project.Not only would this project provide much needed jobs in the area, but it would also clean up an area that suffers badly from some of the worst pollution seen at old gold mining sites in Europe. However, certain NGOs, for purely selfish reasons, have targetted the project for irrational opposition.Newmont says “the acquisition of the common shares of Gabriel was made for investment purposes only. Newmont may, subject to market conditions and in accordance with applicable securities laws, take other actions in respect of its investment in Gabriel, including making additional investments in or effecting dispositions of securities of Gabriel, including additional purchases of common shares of Gabriel.”As previously disclosed by Gabriel, Newmont has entered into a nominee agreement with Gabriel in respect of the appointment of two nominees of Newmont to the board of Gabriel. The nominee agreement also provides, among other things, that at Gabriel’s 2008 annual meeting, Newmont will vote its securities in favour of each of Management’s nominees for election to the Board, appointment of auditors and amendment of the Company’s deferred share unit plan. The Nominee Agreement also restricts Newmont from taking certain actions (subject to certain exceptions), including without limitation, acquiring any securities of Gabriel that would result in Newmont holding 20.0% or more of the outstanding common shares of Gabriel. The Nominee Agreement terminates, among other events, upon the resignation of Newmont’s nominee.last_img read more

Handball goalkeepers Mecca in Omis has seventh edition

Seven years in a row area between Split and Makarska becoming the most popular destination for handball goalkeepers. Unique in his quality and atmosphere of Croatian seaside, International Handball Goalkeepers Camp in city of Omis provoken a lot of attention and confirmed status of prestigious event for handball goalkeepers between two seasons.The number of 150 young goalies, from U13 to senior, from USA to Algeria, who spent fantastic seven days in Camp, describe experience in the best possible way.Young goalies had a chance to work twice a day with some of the older colleagues who can only watch on TV during VELUX EHF Champions League Final4 in Cologne, where Roland Mikler (Telekom Veszprem) and Borko Ristovski (FC Barcelona Lassa) were fighting for an European title.The Camp’s guest was also Vive Tauron Kielce goalie FIlip Ivic, while other demonstrators were Croatian goalies who are also playing abroad, Sandro Uvodic (Bregenz Handball), Mario Percin and Dino Spiranec (Germany) supported by Croatian NT goalie Ivana Kapitanovic (RK Podravka Vegeta).The list of coaches was also impressive. The “handball father” of Roland Mikler, Telekom Veszprem goalkeeper’s youth coach Haris Porobic was there, but also EX-CL winner with RK Zagreb, Vladimir Vujovic, legendary Yugoslav goalie from 80’s Mirko Basic, EX-ZRK Buducnost and Montenegrian NT goalkeeper’s coach Vlatko Djonovic, Fikret Handan from Swedish Savehof HK Fikret Handan, Polish coach Tomasz Blaskiewicz, while inovative approach to training process brought Vanja Radic, goalkeepers coach from Finland, with reach experience of working at Camps in dozen countries.Something new in terms of psychical preparation, young goalies could see in work with Marina Skrobot, fitness coach from Pula.FANTASTIC CONDITIONS IN OMISInovative approach in a work with goalies was established through partnership with Sports Science Innovations company. Camp participants could work with Witty lights, but also Neurotrackers and 3D glasses, with the clear goal – improvement in reaction. We did our best to raise level of Camp in comparation with previous years. Camp is worldwide known for our target group, but we tried to put whole event a step up with moving to Omis. We had two brand-new halls only 100  meters from the Camp where participants were based, two minutes from the beach. That made training process and complete experience of players, coaches and parents much more colorful – said Camp director Mario Čaljkusic.Omis becoming a real home of handball. Masters Handball World Cup took place in Omis earlier this year, but organizers already book the same place for second edition between May 10-13, 2018. Goalkeepers Camp will take place in the June 2018 on the same place. Omis and handball – successful story. ← Previous Story Adam Wiśniewski is new Orlen Wisla Plock president! Next Story → Slovenia and Macedonia co-host in race for Men’s EHF EURO 2022 and EURO 2024 read more