Connect with us

News

Canada’s Star Diamond objects to Rio Tinto push for joint venture meeting

Published

 on

Junior miner Star Diamond Corp on Thursday said it objected to Rio Tinto’s “predatory and coercive” actions after the global miner called a meeting for a joint venture the Canadian company says does not yet exist.

Rio Tinto responded by saying it “disagrees with Star Diamond’s interpretations in all material respects.”

The companies have been in a long-running dispute over development of Star Diamond’s Star-Orion South Diamond Project in the Canadian province of Saskatchewan.

In 2017, Star Diamond entered an earn-in agreement with Rio Tinto Exploration Canada Inc that gave the Anglo-Australian miner an option to earn up to a 60% interest in the project.

Saskatoon-based Star Diamond later said Rio overspent on the project while exercising its earn-in options before completing and delivering results from its bulk sampling program. It said Rio Tinto was trying to boost its stake at below market value.

Rio has spent roughly C$168 million to complete a 10-hole bulk sample program that Rio told Star Diamond would originally cost about C$18.5 million, the Canadian company said on Thursday.

“Rio Tinto now seeks to call a management committee meeting that it has no legal right to call for a joint venture that Rio Tinto knows has not been duly formed,” Star Diamond said in a release.

A Rio Tinto spokesman said the miner has a right to call a meeting of the management committee and that Star Diamond’s latest attempt to prevent it from exercising that right was denied by a court on June 24.

A preliminary study in 2018 estimated 66 million carats of diamonds could be recovered from the C$2 billion Star-Orion project over a 38-year mine life.

Rio faced similar acrimony with its junior partner Turquoise Hill Resources over expansion of the pair’s Oyu Tolgoi copper-gold mine in Mongolia, although that dispute was put to bed in April.

(Reporting by Jeff Lewis; Editing by David Gregorio and Paul Simao)

Continue Reading

News

Coronavirus: What's happening in Canada and around the world Wednesday – CBC.ca

Published

 on


The latest:

  • Travellers who were fully vaccinated in the United States or European Union won’t have to quarantine when entering England — but vaccinated Canadians will still need to follow quarantine rules. 
     
  • Tokyo reports 3,177 new COVID-19 cases — a new single-day high.
     
  • Man charged with emailing death threats to Dr. Anthony Fauci, U.S. prosecutors say.
     
  • INTERACTIVE | Where is the coronavirus pandemic getting better or worse?
     
  • Have a coronavirus question or news tip for CBC News? Email: Covid@cbc.ca or join us live in the comments now.

Dr. Rochelle Walensky says new mask-wearing guidance, coupled with higher rates of vaccination against COVID-19, could halt the current escalation of infections in “a couple of weeks.”

The director of the Centers for Disease Control and Prevention told CBS This Morning she hopes more stringent mask-wearing guidelines and other measures won’t be necessary as the country heads into the fall.

“We can halt the chain of transmission,” she said. “We can do something if we unify together, if we get people vaccinated who are not yet vaccinated, if we mask in the interim, we can halt this in just a matter of a couple of weeks.”

With the delta variant fuelling a surge of infections across the country, the CDC on Tuesday recommended even vaccinated people return to wearing masks indoors in areas where the variant is prevalent.

Walensky said 80 per cent of the counties with the highest number of infections have less than 40 per cent of people vaccinated.

The nation is averaging more than 57,000 cases a day and 24,000 COVID-19 hospitalizations. The guidance on masks in indoor public places applies in parts of the U.S. with at least 50 new cases per 100,000 people in the last week.

From The Associated Press last updated at 9:45 a.m. ET


What’s happening in Canada

WATCH | The push to target Canada’s unvaccinated: 

What could it take to convince the small but determined group of Canadians who remain wary of the COVID-19 vaccines on offer? Experts say there isn’t one answer. 2:05


What’s happening around the world

Tanzania’s President Samia Suluhu Hassan receives her Johnson & Johnson vaccine at State House in Dar es Salaam on Wednesday. (Emmanuel Herman/Reuters)

As of early Wednesday morning, more than 195.3 million cases of COVID-19 had been reported worldwide, according to a case-tracking tool maintained by Johns Hopkins University. The reported global death toll stood at more than 4.1 million.

In Africa, Tanzanian President Samia Suluhu Hassan received her vaccine in public, in the most decisive signal yet of a break from the policies of her late predecessor who repeatedly dismissed the threat of the pandemic.

Zimbabwe has authorized the emergency use of Johnson & Johnson’s vaccine, the first Western-made shot to be approved by the southern African nation, its medicines regulator said.

In Europe, British Prime Minister Boris Johnson urged caution on Wednesday about drawing conclusions from a seven-day decline in COVID-19 cases in Britain, saying it was too early to assess whether it was a definite trend.

“We have seen some encouraging recent data. There’s no question about that but it is far, far too early to draw any general conclusions,” Johnson told LBC radio.

U.K. Prime Minister Boris Johnson urged continued caution around COVID-19 this week, even as case numbers declined. (Henry Nicolls/Reuters)

In the Asia-Pacific region, Indonesia recorded 47,791 new cases and 1,824 confirmed in the last 24 hours. The Health Ministry recorded 558,392 active cases in Indonesia, with more than 81,000 cases from Sumatra regions.

In the Middle East, Israel is considering giving a third shot of the Pfizer/BioNTech vaccine to its elderly population, even before FDA approval, to help fend off the delta variant.

-From Reuters, The Associated Press and CBC News, last updated at 11:50 a.m. ET


Have questions about this story? We’re answering as many as we can in the comments.


Adblock test (Why?)



Source link

Continue Reading

News

Canada not among countries exempt from quarantine for travel into England – CBC.ca

Published

 on


The government of the United Kingdom announced today that travellers to England who have been vaccinated against COVID-19 in the European Union or United States will be exempt from mandatory quarantine upon arrival — but fully vaccinated travellers from Canada will still have to undergo quarantine.

The change goes into effect on Aug. 2, according to a news release from the U.K. government. While the U.K. Department for Transport has confirmed for CBC News that the change does not apply to Canadians, no reason has been given for the exclusion.

In a statement issued to CBC News, a Department for Transport spokesperson did not say why Canadians are not exempt.

“We are taking a phased approach to restarting international travel while protecting public health,” it reads. “We want to welcome all international visitors back to the U.K. and are working to extend our approach to vaccinated passengers from important markets and holiday destinations.”

That means travellers from Canada to England will still have to quarantine at home or in the place they’re staying for 10 days, and take a COVID-19 test on or after their eighth day in the country. A few exceptions apply — one of which covers travellers who have been vaccinated in the U.K. A full list of rules can be found on the Department for Transport’s website.

“Passengers who are fully vaccinated in the EU with vaccines authorised by the European Medicines Agency (EMA) or in the USA with vaccines authorised by the Food and Drug Administration (FDA), or in the Swiss vaccination programme, will be able to travel to England without having to quarantine or take a day 8 test on arrival,” the news release says.

The exemption applies to some European countries outside of the EU, such as Norway and Iceland, but travellers from France will still have to quarantine even if they are fully vaccinated.

No updates for Scotland, Wales and Northern Ireland

According to BBC News, the government of Scotland has not made a decision on exempting fully vaccinated travellers from the U.S. and Europe. As of today, Wales and Northern Ireland also have not updated their rules for travel — which require a quarantine upon arrival from outside the U.K. unless the traveller was fully vaccinated through the U.K. vaccination programme.

Adblock test (Why?)



Source link

Continue Reading

News

IRCC: Canada welcomed over 35,000 new immigrants in June – Canada Immigration News

Published

 on


Published on July 28th, 2021 at 05:00am EDT Updated on July 28th, 2021 at 07:14am EDT

Aa Accessibility

Font Style

Canada recorded its strongest month for new permanent resident arrivals during the pandemic in June 2021, according to the office of Immigration Minister Marco Mendicino.

In a recent Globe and Mail article, the minister says “We are going to make good on our commitment to land 401,000 new permanent residents.”

Find Out if You’re Eligible for Canadian Immigration

Under its Immigration Levels Plan 2021-2023, the Canadian government is seeking to welcome at least 401,000 new immigrants annually, beginning this year. Prior to the pandemic, this target was set at 341,000 newcomers.

The plan is the most ambitious in Canada’s history. Only once has Canada welcomed over 400,000 immigrants in a year. This took place in 1913, but Canadian immigration plummeted immediately after due to the onset of the First World War.

The minister’s office estimates that Canada welcomed over 35,000 new permanent residents in June. In follow up email correspondence with CIC News, the department of Immigration, Refugees and Citizenship Canada (IRCC) said its preliminary figures show Canada welcomed 35,700 immigrants last month. This figure is significantly higher than Canada’s totals in recent months.

Canada got off to a strong start to the year. It welcomed 24,680 new immigrants in January but lost momentum in the months to follow. The country then welcomed 23,395 in February, 22,425 in March, and 21,155 in April, and 17,100 in May.

Altogether Canada has welcomed some 143,000 new permanent residents through the first six months of 2021 which remains well short of the pace it needs to welcome 401,000 newcomers by the end of this year.

In order to achieve this newcomer target, Canada needs to land another 258,000 immigrants — an average of 43,000 per month — over the rest of the year.

Find Out if You’re Eligible for Canadian Immigration

Welcoming this volume of immigration over the remaining six months will be difficult but there is an outside chance it can be achieved.

Prior to the pandemic Canada welcomed an average of 25,000 to 35,000 newcomers per month. Immigration levels tend to be higher in the warmer months as more newcomers arrive during favourable weather conditions and leading up to the start of the academic and business calendar in September.

In 2019, levels were stronger in the second half of the year compared to the first as Canada welcomed 180,000 newcomers between July and December.

Assuming Canada welcomes that same level in the second half of 2021, it will conclude the year at just over 320,000 new permanent residents which is still below its target.

However there are several tailwinds remaining that could propel Canada closer to its newcomer goal.

Some 23,000 additional Confirmation of Permanent Residence (COPR) holders are now eligible to move to Canada after restrictions on them were eased on June 21st.

Anyone else newly approved for permanent residence can also immediately move to Canada as a result of this easing.

IRCC also introduced six new permanent residency streams that will enable some 90,000 international student graduates and essential workers to remain in Canada. The department’s goal is to process some 40,000 of these applications by the end of this year.

The third tailwind is also from the domestic pool of permanent residence candidates. IRCC has been breaking various Express Entry records throughout the year as it prioritizes Canadian Experience Class (CEC) candidates.

Draw sizes are larger than ever while cut-off scores are at record lows. According to IRCC, some 90 per cent of CEC candidates currently reside in Canada so it is easier for the department to transition them to permanent residence amid the pandemic than candidates abroad. IRCC has already issued nearly 100,000 Express Entry invitations this year which is almost double the invitations it issued at the same point in 2020. A significant portion of those invited during the pandemic should complete their permanent residence landing by the end of 2021.

The minister’s office told the Globe that the 45,100 permanent residence applications IRCC processed in June were the highest ever, which suggests that IRCC has the capacity to process and finalize the necessary number of applications to achieve its levels goal.

There are risks along the way that could disrupt IRCC’s plans. The global coronavirus situation remains volatile and things such as increased case levels and travel restrictions could get in the way. For example, Canada continues to restrict flights from its main newcomer source country, India.

A prolonging of this restriction could get in the way of IRCC’s goal. Further delays to COPR holder arrivals is another risk. IRCC is currently seeking to correspond with thousands of expired COPR holders to arrange their landing in Canada. This is a time-consuming process as IRCC needs to individually contact each COPR holder to ensure they have all the necessary documents to complete the immigration process.

Nonetheless, the coming months should see immigration levels remain high. There also remains a strong chance that monthly immigration totals will hit record highs by the end of the year due to the combination of more overseas arrivals and in-Canada applicants completing their landings.

Find Out if You’re Eligible for Canadian Immigration

© CIC News All Rights Reserved. Visit CanadaVisa.com to discover your Canadian immigration options.

Adblock test (Why?)



Source link

Continue Reading

Trending