Adani Cancels $1.5 Billion Contract on Australian Mine Project

first_img FacebookTwitterLinkedInEmailPrint分享Financial Times:Adani Group has cancelled a A$2bn (US$1.5bn) contract with a mining services company for work on its proposed Carmichael coal mine in Australia due to its failure to raise funds for the controversial project.The cancellation of the contract with Downer, an Australian company, on Monday is the latest challenge to hit the Indian conglomerate’s project, which has become a focal point for protesters over the role played by coal in causing climate change.It also follows a decision last week by the Queensland state government to veto a A$900m low-cost loan to Adani and the failure of Chinese investors to back the Carmichael mine.Adani said it remained committed to the A$16.5bn Carmichael project but planned to develop and run the mine on an owner-operator basis to achieve the “lowest quartile cost of production”.The Carmichael project has become a symbol of the global battle between environmentalists and the fossil fuel industry, attracting a series of legal challenges that have caused lengthy delays. The proposed mine sits in Queensland’s Galilee Basin, one of the world’s largest untapped coal resources.Adani’s board gave final approval for the mine in June. But raising money for the venture has so far proved an insurmountable challenge due to the decline in global coal markets and a vocal protest movement led by international environmental groups such as and Greenpeace.The project has become a litmus test on the future of coal, amid growing investor fears about whether increasingly onerous regulations on the emissions will create stranded assets.On Monday the world’s biggest coal terminal, Port of Newcastle, warned it needed to diversify and prepare for a future without coal.“It looks like another wheel has fallen off the Adani project,” said Tim Buckley, a director at the Institute for Energy Economics and Financial Analysis, an opponent of the Adani project. “With all of the Chinese banks ruling out involvement in the Carmichael proposal, deal funding has fallen over.”More: Adani cancels A$2bn Australia coal mine contract amid cash crunch Adani Cancels $1.5 Billion Contract on Australian Mine Projectlast_img read more

Ronald Eggleston, 79, Winfield: March 13, 1936 – May 6, 2015

first_imgRon EgglesonRonald Eggleston 79, of Winfield, died on May 6, 2015 at Winfield Senior Living Center in Winfield.Graveside Funeral services will be held at 11:00 a.m. Tuesday, May 12th at the Highland Cemetery in Winfield, Kansas. Visitation in will be held Monday from 9:00 a.m. until 8:00 p.m. at the Shelley Family Funeral Home, 803 Loomis in Winfield, Kansas. The family will receive friends from 5:00 to 7:00 p.m.  In lieu of flowers, memorials may be sent to the Winfield Senior Living Center. Contributions can be left with the funeral home. For further information please visit B. Eggleston was born on March 13, 1936 the son of Glenn and Florence (Winifred) Cundiff in Marshalltown, Iowa. He was a 1954 graduate of Marshalltown High School and earned his degree in Music Education from Wichita State University. On August 9, 1958 he was united in marriage with Judy Hentzen in Wichita, Kansas. Ron served as a police officer for the city of Wichita for over 21 years. Ron enjoyed shooting guns and riding motorcycles.Survivors include his wife Judy of the home, daughter, Jeannine Graham of Winfield, sons, Randall Eggleston and wife Joanne and Richard Eggleston both of Athens, GA, 4 grandchildren, Andrea Moore and husband Dustin, Katharine Eggleston and Andrew Eggleston, 3 great grandchildren Makynze, Milee and Logan Moore and sister Glenda Edwards  and husband Bob of New Braunfels, TX.Preceding him in death are his parents and grandson, Dustin Shuck and special dog Nikita.last_img read more

New governance guide will help clubs grow and thrive

first_img England Golf has today issued a new governance guide for clubs in the ongoing drive to modernise and grow the game.Key stakeholders across the sport recognise the value of improving the organisation and structures of clubs in order to maximise their potential for profitability and growth.England Golf is committed to inspiring good governance within the game and has joined forces with The British and International Golf Greenkeepers’ Association (BIGGA), The Golf Club Managers’ Association (GCMA), The Professional Golfers’ Association (PGA), The R&A, Scottish Golf and Wales Golf to provide this invaluable resource for all clubs to consider.By co-ordinating a unified approach to good governance and setting this out in an easy-to-read format in the second edition of the guide, clubs the length and breadth of the country will now benefit from a strong template which can either be adopted or adapted to meet needs of individual organisations.The document provides tools, activities, discussion points and best practice ideas for clubs to take on board.It will also provide clear signposting for clubs in order that they may face the future with confidence. Clubs can find pointers on how best to tackle the challenges of an evolving membership structure, constantly-changing legal requirements and all-important safeguarding procedures.A well-run club is a thriving club and the ‘9-holes of Excellent Governance’ feature of the new guide will help clubs to improve sustainability both financially and administratively.In an ever-changing marketplace, clubs can learn to manage resources, effectively recruit for staff and committee positions and meet the needs of members and golf consumers by following the good governance blueprint.Clubs – no matter how large or small their membership, how modern or traditional their facilities – can learn how to set their own standards of excellence to drive improvement and, at the same time, develop the culture of the organisation.The varied case studies from England, Scotland and Wales also provide real-time reference points to demonstrate the practical benefits of adopting good practice at all levels of club management.Richard Flint, England Golf’s Executive Director, said: “Encouraging and ensuring excellent governance has always been a key focus of England Golf.“This is part of a wider strategy to inspire more people to get into golf and enjoy the many sporting and health benefits associated with our sport.“In addition to the resources within this updated governance guide, our delivery team can assist clubs by providing tailored support to meet club needs and help grow their business.”The R&A’s backing for the governance guide underlines their ongoing commitment to the modernisation of golf.“We all have a role to play in growing golf and if we are to achieve that goal then we have to modernise and make the sport more appealing, accessible and inclusive,” commented Duncan Weir, Executive Director – Golf Development and Amateur Championships.“Good governance in the running of clubs is a key element of ensuring that golf is attractive both to existing members and potential new members.“This guide is designed to promote best practice in governance and act as a reference resource for clubs to help them continue to improve and develop their management processes.”As part of a strategic plan to grow the game as well as raise levels of accountability and transparency, England Golf – as a long-term signatory to the Code of Sports Governance – is committed to provide support and back-up for all affiliated clubs looking to develop their business.Downloadable PDF formats of the guide are freely available along with templates and other resources to help clubs make changes and improve their practices. These can be found on the governance section of the website – click here Clubs can also gain access to video footage from one of England Golf and the GCMA’s informative workshops as well as a series of FAQs on the issue of good governance.Additionally, on the ground assistance – as a supplement to existing legal and accountancy support – can be provided by England Golf’s delivery team.For support please contact your England Golf Partnership Manager – for details click here 28 Oct 2019 New governance guide will help clubs grow and thrive last_img read more

Saints start second half of BCIHL schedule with tough challenge at home against SFU

first_img“We’ll need to find our legs quickly on Saturday night and play a smart, disciplined game if we’re going to beat a very good opponent.”The 12-0 Saints have faced SFU once this season, charging out to a five-goal lead on the road on November 3rd and holding on for a 5-3 victory.That win ended the Clan’s 25-game home unbeaten streak, so there’s no doubt that SFU will be motivated to return the favour. With a victory on Saturday night, the Saints would set a new BCIHL record for consecutive wins with 13.Selkirk tied the existing 12-game record when they defeated the University of Victoria in their final game of 2012 in early December.Dubois said that one benefit of the long break was the chance for players to rehab injuries and return to the ice fully healthy for the stretch drive of the regular season.“With the exception of Stephen Saretsky, who hasn’t played yet this season, we’re 100 percent healthy and ready to go,” Dubois explained.”We may make some choices based on what we see from the guys this week in terms of their conditioning, but it’s good to have all our guys available for this first time since early in the season.”SFU is led offensively by forwards Ben Van Lare and Jono Ceci, who finished first and second in BCIHL scoring last season.The dynamic duo is joined up the Clan’s top line by three-year WHL product Brenden Silvester, who joined the team at Christmas and has already scored five times in two appearances. There’s no easing into the second half of the B.C. Intercollegiate Hockey League regular season for the Selkirk College Saints.The Saints play host to second-place Simon Fraser University Clan Saturday at 7:30 p.m. at the Castlegar Recreation Complex.However, before the Clan can ready themselves to knock off the undefeated Saints, the Burnaby-based club must take to the road Friday for a date south of the 49th parallel against the Eastern Washington Eagles in Cheney, Wash.“SFU certainly had the jump on us in terms of getting back onto the ice, and they’ll be playing their sixth game since Christmas while we’ll be playing our first,” said Selkirk head coach Jeff Dubois.The Clan sit just three points back in the league standings at 10-1-1.“That adds to the challenge for us, but it’s not going to be used as an excuse,” Dubois added.last_img read more