First Quantum says Cobre Panamá deal with government in Panama now law
Published Tue, 03 Dec 2024 17:11:27 GMT
TORONTO — First Quantum Minerals Ltd. says the bill enacting its mining concession contract for its Cobre Panamá copper mine has become law.The mining company says the enactment marks the final step in revising the legal framework for the mine in Panama.First Quantum chief executive Tristan Pascall says the company is committed to the obligations of the contract and to responsible stewardship of the mine.The company and Panama’s government reached a deal in March to end a dispute over profit sharing at the mine.The 20-year agreement includes substantially higher payments to Panama and has a 20-year extension option.With publication in Panama’s official gazette, the company says payments to cover taxes and royalties up to the end of 2022 of about US$395 million and certain amounts for 2023 corporate tax instalments, withholding taxes and quarterly royalty payments will be due within 30 days.This report by The Canadian Press was first published Oct. 23, 2023.Companies in t...Outcome of key local races in Pennsylvania could offer lessons for 2024 election
Published Tue, 03 Dec 2024 17:11:27 GMT
Local elections in Democratic strongholds at both ends of Pennsylvania next month could show how voters feel about progressive candidates and issues such as abortion and crime ahead of the 2024 election.Philadelphia will get a new mayor, and Allegheny County — where Pittsburgh is the county seat — will see a new executive. Voters there will also decide whether to reelect the district attorney with backing of another party, after his long career as a Democrat.The Nov. 7 results in Pennsylvania’s two biggest population centers will set the electoral stage for 2024, when the state will be a prime presidential battleground, with candidates taking lessons about how Democrats see crime into the next election cycle and the strength of progressives in local races.PHILADELPHIA MAYORIn Philadelphia, Democrat Cherelle Parker, a former state legislator who has had a long political career in the state, will face Republican David Oh, a former City Council member. Democratic Mayor Jim Kenney...More Canadians struggling with monthly mortgage payment: Angus Reid survey
Published Tue, 03 Dec 2024 17:11:27 GMT
A new study says the number of Canadians struggling with their monthly mortgage payment is on the rise, along with worries of potentially higher payments when it comes time to renew with their bank.Data released Monday by the Angus Reid Institute shows 15 per cent of mortgage holders say they find the financial aspect of their mortgage “very difficult,” up from eight per cent in March and 11 per cent in June.The survey says that despite expectations the Bank of Canada will hold its key interest rate steady at five per cent when it announces its next decision Wednesday, the current level has 79 per cent of respondents worried or very worried they will face higher payments when it comes time to renew their mortgage.Those with variable-rate mortgages were less likely than respondents on fixed-rate mortgages to find their monthly payments easy to handle at the moment, but those with variable-rate loans were also less likely to be “very worried” about what their n...‘Not even tired’: 99-year-old Hamilton man completes CN Tower climb for 3rd time
Published Tue, 03 Dec 2024 17:11:27 GMT
A 99-year-old Hamilton man climbed 1,776 steps to the top of the CN Tower over the weekend, his third time pulling off the accomplishment in support of charity.Walter Decker was joined by his son, grandson and two great-grandsons at the United Way ClimbUP on Saturday, where he raised more than $3,000 for people struggling to meet basic needs from housing and food to mental health supports.Decker, who turned 99 last week, said he first began stair climbing more than 10 years ago as a distraction from his grief after his wife passed away, which he said made him “lost.”“It took my mind off the grieving process,” he said in an interview. “A lot of people grieve in different ways and they cope with it in different ways.”Since then, Decker has been climbing up the steps of the Hamilton Escarpment three times a week, which he said amounts to between 700 and 1,200 steps. He also does 30 to 50 pushups each morning when he wakes up.“Other than that, n...Kane County deputy critical following head-on crash
Published Tue, 03 Dec 2024 17:11:27 GMT
KANE COUNTY, Ill. — A Kane County Sheriff's deputy is in critical condition following a head-on crash Monday morning.Authorities believe the on-duty deputy was driving southbound on Route 47 in Hampshire Township at around 6:55 a.m. when the deputy's squad car was struck head-on by a Dodge Ram pickup truck and trailer near Plank Road.Police said the Dodge Ram was headed northbound on Route 47 when it attempted to stop in traffic. It then came into oncoming traffic and struck the squad car, police said.The deputy was transported to Good Samaritan Hospital in critical condition. There were three people inside the Dodge Ram at the time of the crash. At least one person from the truck was transported to the hospital in an unknown condition, police said.Illinois State Police are investigating the crash.WGN News will update this story once more information becomes available.Elon Musk offers $1B to Wikipedia if they'll change their name
Published Tue, 03 Dec 2024 17:11:27 GMT
(The Hill) -- Billionaire Elon Musk offered Wikipedia, the free online encyclopedia, $1 billion under the condition that it would change its name to "Dickipedia."The owner of X, the social media platform formerly known as Twitter, wrote his offer in a post on his new site. He quoted an earlier post with a screenshot of a personal appeal from Wikipedia co-founder Jimmy Wales stating that the website is "not for sale.""I will give them a billion dollars if they change their name to Dickipedia," Musk wrote. "Please add that to the [cow and poop emojis] on my wiki page," he continued under the post. "In the interests of accuracy."When one user, Journalist Ed Krassenstein, told the online encyclopedia to take the offer, saying that it "can always change it back after you collect," Musk replied that the website must keep the name for "one year minimum.""One year minimum. I mean, I’m a not fool lol," he said.Musk's posts come after his earlier posts criticizing the Wikimedia Foundation, th...Backstory: The Deadliest Maritime Disaster in U.S. History
Published Tue, 03 Dec 2024 17:11:27 GMT
It was the deadliest maritime disaster in the history of the United States, the sinking of the S.S. Sultana right after the end of the Civil War. And yet, no one was ever convicted of a crime, despite evidence of gross negligence. Larry Potash profiles a man with a personal connection to the tragedy, and a remarkable discovery he's made about his ancestor. Backstory with Larry Potash airs Sunday nights at 6:30 p.m. and 11 p.m. on WGN, or stream it anytime on the WGN+ app on your smart TV with Amazon Fire, Roku, and Apple TV. Check out the Backstory podcast at WGNtv.com/Backstory via Stitcher, Apple Podcasts, Google Play, or wherever you get your podcasts.Neighbors take down suspected home burglar in California, witnesses say
Published Tue, 03 Dec 2024 17:11:27 GMT
(KTLA) – A group of neighbors in Lancaster, California, took matters into their own hands after they caught a man breaking into homes Saturday evening, according to witnesses.The chaotic and dangerous scene unfolded at about 7:30 p.m. One victim, who only wanted to be identified as “Karen,” told a news photographer that she was startled to find the burglar standing inside her home.“I just opened my bedroom door, and he was standing there,” she said. “We pushed him out of the house … he got onto his bike and started riding down the street.”Moments later, the man was seen looking inside cars, acting suspiciously and carrying a backpack, according to a witness. Videos show teens terrorizing residents of California apartment complex When he tried again to ride away on his bike, the witness said, he fell over and was quickly pounced on by neighbors who ripped away his backpack and subdued him until authorities arrived.“They opened up his backpack … and [he had] wallets, watches...Austin Community College expands three student support centers, adds food and family support
Published Tue, 03 Dec 2024 17:11:27 GMT
AUSTIN (KXAN) -- On a campus where 70 percent of students have a financial need, Austin Community College is expanding its services to include free food, housing services, and family support.The student welcome, care, and life centers hope to serve as a one-stop-shop to offer students resources to help with their immediate needs. It's the Care Center that offers the least traditional services to the college's more than 70,000 students. Transportation, weekly groceries, and legal aid are among the areas where students are getting extra help. Students tour expanded student centers at Austin Community College. (Courtesy: ACC)"When students are kind of engaged outside of school, outside of the academic realm, they tend to succeed more," said Student Care Center Manager Vanessa Barrientos.For many students, getting a degree can often come down to having enough money at the right time. The school’s own data shows the average student is only a $500 personal issue away from having to drop o...KXAN Weather Q&A: How much rain will Central Texas see this week?
Published Tue, 03 Dec 2024 17:11:27 GMT
AUSTIN (KXAN) — Questions pour in constantly for the First Warning Weather Team, as viewers ask about different things happening with the weather in Central Texas and elsewhere. There’s now a new, interactive way to find out answers.Every Monday morning, Meteorologist Rich Segal will comb through his inbox and join anchor Will DuPree for “KXAN Weather: What’s on Your Mind?” to talk through some of the questions submitted that week. KXAN Weather Q&A: How does size factor into how fast hail falls? Here’s a list of the questions that will get addressed:From David Lundgaard: I would appreciate it if your weather people would include Leander and Round Rock in your weather maps.Rich's answer: We do have a graphic that does both of these cities' temperatures. I know that I aired that map five times this past weekend.From Gail Forrer: KXAN used to show allergy counts on the news. Will you do so again in the future?From Maria Blaney: Using artificial turf as a solution to drought...Latest news
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