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Asian Activities Report for June 1, 2011: Phoenix Gold (ASX:PXG) Doubled Mineral Resource To 526,000oz At Castle Hill Gold Project

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Asian Activities Report for June 1, 2011: Phoenix Gold (ASX:PXG) Doubled Mineral Resource To 526,000oz At Castle Hill Gold Project

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Iron Road Limited (ASX:IRD) Announce Central Eyre Iron Project Prefeasibility Study Update And Mineral Resource Estimate

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Iron Road Limited (ASX:IRD) Announce Central Eyre Iron Project Prefeasibility Study Update And Mineral Resource Estimate

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Exco Resources Limited (ASX:EXS) Clarification and Update On Sale of the Cloncurry Copper Project

May 31, 2011

Exco Resources Limited (ASX:EXS) Clarification and Update On Sale of the Cloncurry Copper Project

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Iron Road Limited (ASX:IRD) Announce Stage IV Drilling Programme Results From Central Eyre Iron Project

May 30, 2011

Iron Road Limited (ASX:IRD) Announce Stage IV Drilling Programme Results From Central Eyre Iron Project

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Iron Road Limited (ASX:IRD) Announce Stage IV Drilling Programme Results From Central Eyre Iron Project

May 30, 2011

Iron Road Limited (ASX:IRD) Announce Stage IV Drilling Programme Results From Central Eyre Iron Project

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Venus Metals Corporation Limited (ASX:VMC) Identified 201.7 Million Tonnes Additional JORC Inferred Resource At Yalgoo Iron Ore Project

May 30, 2011

Venus Metals Corporation Limited (ASX:VMC) Identified 201.7 Million Tonnes Additional JORC Inferred Resource At Yalgoo Iron Ore Project

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Venus Metals Corporation Limited (ASX:VMC) Identified 201.7 Million Tonnes Additional JORC Inferred Resource At Yalgoo Iron Ore Project

May 30, 2011

Venus Metals Corporation Limited (ASX:VMC) Identified 201.7 Million Tonnes Additional JORC Inferred Resource At Yalgoo Iron Ore Project

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Video: Christine Owens Says U.S. Jobs Market Is in `Deep Hole’

May 27, 2011

May 27 (Bloomberg) — Christine Owens, executive director of the National Employment Law Project, talks about the state of the U.S. jobs market and demographic hit hardest by tighter labor environment. Owens speaks with Mark Crumpton on Bloomberg Television’s “Bottom Line.” (Source: Bloomberg)

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Galaxy Resources Limited (ASX:GXY) Acquires 20% Of James Bay Project With Extensive High-Grade Spodumene Pegmatite

May 25, 2011

Galaxy Resources Limited (ASX:GXY) Acquires 20% Of James Bay Project With Extensive High-Grade Spodumene Pegmatite

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$500M Utah Transit-Oriented Project Now Under Way

May 24, 2011

West Valley City, UT, officials have broken ground on Fairbourne Station, a major transit-oriented development (TOD) that will become the new focal point of Utah’s second-largest city. Gov. Gary Herbert, U.S. Rep. Jason Chaffetz, U.S. Rep. Jim Matheson and Mayor Mike Winder last week attended a ceremony at the project site, a four-block area south of 3500 South between 2700 West and 3200 West. Winder called the $500 million Fairbourne Station…

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Artemis Resources Limited (ASX:ARV) Encountered High Grade Silver And Copper Grades At Bali Hi Project

May 24, 2011

Artemis Resources Limited (ASX:ARV) Encountered High Grade Silver And Copper Grades At Bali Hi Project

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Asian Activities Report for May 20, 2011: Indo Mines Limited (ASX:IDO) To Target 35,000 Tonnes Monthly Production At Mangkok Coal Project In Indonesia

May 20, 2011

Asian Activities Report for May 20, 2011: Indo Mines Limited (ASX:IDO) To Target 35,000 Tonnes Monthly Production At Mangkok Coal Project In Indonesia

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Ed Mierzwinski: In The Public Interest: Consumers, Know Before You Owe: Help CFPB Develop New Mortgage Forms

May 19, 2011

Calling all consumers! The Consumer Financial Protection Bureau (CFPB) wants to hear from you. The CFPB has rolled out two alternative, two-page mortgage disclosure forms to replace longer, unclear documents in current use. The forms are preliminary, and the CFPB wants your help to make them better. You can go to this blog by CFPB mortgage expert Patricia McCoy that explains the project. Or, you can go directly to the ” Know Before You Owe ” consumer tool to let CFPB know which of the proposals you like better (or which parts of each you like more). These particular tools will be available for review for about 10 days. Then, the CFPB will refine them and do some consumer testing around the country. This project is part of an ongoing CFPB process to test both new disclosures and new regulatory approaches. When PIRG got a sneak peek yesterday, over at the CFPB, it was obvious that the preliminary 2-page mortgage disclosures capture the critical information consumers need to understand and compare housing financing costs, both at closing and over the life of the loan. But, more importantly, this early rollout process shows that the new bureau is coming up with fresh ideas, not only about making disclosures better, but about making the regulatory process better for both buyers and sellers. That can only help make financial markets work better. Yet, despite their pioneering effort and the fact that the industry has been consulted in the process, some bankers are already criticizing CFPB’s preliminary effort to make a bad system better. Of course, these are the same guys who rolled out the dangerous, predatory, confusing mortgages that led to the collapse of the financial system in the first place, even if they refuse to take responsibility. Forget them. Go directly to the ” Know Before You Owe ” consumer tool to help the CFPB make mortgage forms easier to understand, so the next time you buy a house or refinance your home, you will understand the paperwork better, because you and other consumers helped to write it.

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AlaskaDispatch.com: Alaska Gasline Failure Disappointing, but No Surprise

May 18, 2011

ANCHORAGE, Alaska — Backers of Alaska’s Denali natural gas pipeline project had barely thrown in the economic towel, when some state lawmakers began calling for TransCanada and the administration of Gov. Sean Parnell to prove the controversial state-sanctioned gas line project is economically viable. At stake with the Alaska Gasline Inducement Act is several hundred million dollars in public money the Legislature agreed to give the project as well as the state’s ability to move forward with a larger-sized, in-state gas pipeline. And the announcement Tuesday morning by the Denali project’s backers that they were giving up on building a $35 billion, 1,700-mile pipeline from the North Slope to Alberta, Canada, was also immediately viewed as yet another sign that a decades-long major economic dream for Alaska is once again slipping away. Disappointment, but not surprise was the phrase most used by people who have been following the gas line debate on all sides. It’s not unexpected news,” said Larry Persily, the federal coordinator for Alaska gas line projects. “Clearly given today’s market it’s going to be hard. If you were Denali how many more millions are you going to spend when you’re not seeing success close at hand. It’s all their money. Maybe when you’re spending someone else’s money you can keep going a little longer.” TIMELINE: Alaska’s gas line pipe dreams In an indictment on the economics of the natural gas business in Alaska, Denali President Bud Fackrell said in a press release that the company was unable to secure customers and wasn’t going to spend billions more dollars on a futile effort. This after BP and ConocoPhilips, the companies behind Denali, had spent about $165 million on the project. Natural gas prices have fallen considerably since 2007 when the Legislature led by former Gov. Sarah Palin passed AGIA and agreed to support it with as much as $500 million of state money. The state signed an exclusive license agreement with TransCanada which then brought Exxon Mobil on as a partner. The Denali project was started as a parallel effort and has not had the benefit of state subsidies, a fact some AGIA supporters point to as one big difference between the two proposals and perhaps the reason TransCanada can succeed where Denali failed. But House GOP leaders who have long been critical of AGIA are seizing the demise of Denali as an I-told-you-so moment. In the just-ended legislative session, they pushed for — but then dropped — an effort to force TransCanada and Gov. Sean Parnell to prove whether the project is economically viable before giving it even more state cash. “Why is TransCanada afraid to answer the same question that Denali just answered openly and honestly and in the public eye?” Rep. Mike Hawker, an Anchorage Republican and one of AGIA’s biggest critics, said Tuesday. “What do they have that makes theirs different? They’re looking at exactly the same marketplace and the same customer base.” Alaska Speaker of the House Mike Chenault, another Republican opponent of Palin’s AGIA law, has begun moving toward an in-state gas line that would run from the North Slope through Fairbanks and down to Anchorage. The House, over the Senate’s objections, included $200 million in the capital budget in a dedicated fund that would kickstart an in-state gas line if approved. The budget also reduced by $100 million the amount of money Parnell had requested for AGIA. But the bullet line has come under fire, too, for its huge cost — as much as $12 billion — and high tariffs that would mean a dramatic rise in the cost of gas to Southcentral consumers. The only way around that would be if the state subsidized the project with billions of dollars. Read the complete story only at Alaska Dispatch http://www.alaskadispatch.com

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Victory West Metals Limited (ASX:VWM) Commences Preliminary Fieldwork At Novienindo Copper Project

May 18, 2011

Victory West Metals Limited (ASX:VWM) Commences Preliminary Fieldwork At Novienindo Copper Project

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Coalspur Mines Limited (ASX:CPL) Drilling In Vista South Coal Project Confirms Further Mineralization

May 18, 2011

Coalspur Mines Limited (ASX:CPL) Drilling In Vista South Coal Project Confirms Further Mineralization

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Coventry Resources Limited (ASX:CVY) Announce Encouraging Drilling Results From Satellite Prospects At Cameron Gold Project

May 18, 2011

Coventry Resources Limited (ASX:CVY) Announce Encouraging Drilling Results From Satellite Prospects At Cameron Gold Project

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Dal LaMagna: How I’m Celebrating Small Business Week

May 17, 2011

It’s slipping under the radar with all the news out of Washington the last several days, but this week is the 48th Annual Small Business Week . And as we continue to look for ways out of the economic mess we’re in as a nation, it’s worth calling attention to the fact that small businesses play a critical role in our economy. According to the Small Business Administration*, there are over 27 Million small businesses in America, and they account for 60-80 percent of the new jobs created in this country. If you’ve read my posts recently, you’ll know that I’ve started pulling my money out of the casino that is the stock market and started investing it in businesses I can believe in. That’s why, in celebration of Small Business Week, I’ve just invested in The One World Futbol Project. And I urge any of you with excess capital sitting in the stock market to celebrate with me by moving some of your funds as I did this Monday into a small business. The One World Futbol Project LLC (the “Project”) manufactures and distributes the One World. Futbol — a patent‐pending, ultra‐durable, non‐inflated soccer ball that solves a fundamental problem of traditional inflated balls: when used in the harsh environments that prevail in poor communities, a traditional inflated ball soon goes flat and becomes useless, while the One World Futbol stands up to such conditions and keeps the joy of sport alive. For retail sales, the Project uses a “Give One, Get One” business model, donating one ball for every one sold. The Project also sells the ball in bulk quantities directly to institutions, through corporate sponsorship, or through campaigns that mobilize members or supporters. Target institutional customers include U.N. agencies, regional multilateral agencies and NGOs, as well as the multinational corporations that are prime sponsorship prospects. The ultra‐durable One World Futbol maintains its shape and bounce by virtue of its structure and material — not by being inflated. Unlike traditional soccer balls, it requires neither a pump nor a needle, never gets waterlogged, and continues to bounce even after it has been punctured. The One World Futbol is “Parent Tested, Parent Approved” and was named one of the “Top 10 Active Toys” of 2010 by Stevanne Auerbach, Ph.D. (“Dr. Toy”), and the Project was one of three finalists for the Special Jury Prize in the 2010 global Peace and Sport Awards. If you can’t find a business to invest in let me know and I will introduce you to the way I find opportunities. Those of you sitting on the fence about starting a small business, you can celebrate Small Business Week by jumping off the fence and starting yours. Let me know about your business and I will publish it in my blogs and at my website. You can also get advice about starting your business in my book “Raising Eyebrows: A Failed Entrepreneur Finally Gets It Right” *As a side note, I am a big supporter of the SBA and was pleased to have my company Tweezerman nominated as Borrower of the Year in New York state back in 1994.

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Asian Activities Report for May 17, 2011: Adamus Resources (ASX:ADU) Discovered Gold Mineralised Extensions At Nzema Gold Project In Ghana

May 17, 2011

Asian Activities Report for May 17, 2011: Adamus Resources (ASX:ADU) Discovered Gold Mineralised Extensions At Nzema Gold Project In Ghana

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Gold Anomaly Limited (ASX:GOA) Update On Crater Mountain Gold Project In Papua New Guinea

May 12, 2011

Gold Anomaly Limited (ASX:GOA) Update On Crater Mountain Gold Project In Papua New Guinea

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Westgold Resources Limited (ASX:WGR) Strong Gold Drilling Results Continue At Central Murchison Project

May 12, 2011

Westgold Resources Limited (ASX:WGR) Strong Gold Drilling Results Continue At Central Murchison Project

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Murchison Metals Limited (ASX:MMX) Oakajee Infrastructure/Jack Hills Expansion Project Summary

May 11, 2011

Murchison Metals Limited (ASX:MMX) Oakajee Infrastructure/Jack Hills Expansion Project Summary

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Metallica Minerals Limited (ASX:MLM): Planet Metals Limited (ASX:PMQ) Completes Sale Of Wolfram Camp Project

May 11, 2011

Metallica Minerals Limited (ASX:MLM): Planet Metals Limited (ASX:PMQ) Completes Sale Of Wolfram Camp Project

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Asian Activities Report for May 9, 2011: Intrepid Mines (ASX:IAU) Increase Porphyry Copper-Gold Resource Estimate At Tujuh Bukit Project To 990Mt

May 9, 2011

Asian Activities Report for May 9, 2011: Intrepid Mines (ASX:IAU) Increase Porphyry Copper-Gold Resource Estimate At Tujuh Bukit Project To 990Mt

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Iron Road Limited (ASX:IRD) Announce Central Eyre Iron Project 2011 Stage VI Drilling Programme Update

May 9, 2011

Iron Road Limited (ASX:IRD) Announce Central Eyre Iron Project 2011 Stage VI Drilling Programme Update

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Equatorial Resources Limited (ASX:EQX) To Expand Drilling Program At Mayoko-Moussondji Iron Project

May 9, 2011

Equatorial Resources Limited (ASX:EQX) To Expand Drilling Program At Mayoko-Moussondji Iron Project

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Gold Anomaly Limited (ASX:GOA) Raised A$3.6M To Expand Drilling Program At Crater Mountain Gold Project

May 8, 2011

Gold Anomaly Limited (ASX:GOA) Raised A$3.6M To Expand Drilling Program At Crater Mountain Gold Project

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Toro Energy Limited (ASX:TOE) Appoints Mr Martin Janes As General Manager Marketing And Project Finance

May 8, 2011

Toro Energy Limited (ASX:TOE) Appoints Mr Martin Janes As General Manager Marketing And Project Finance

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Asian Activities Report for May 5, 2011: Cape Alumina (ASX:CBX) Achieve Major Milestone At Bauxite Hills Project

May 5, 2011

Asian Activities Report for May 5, 2011: Cape Alumina (ASX:CBX) Achieve Major Milestone At Bauxite Hills Project

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Asian Market Report of April 29, 2011: MUI Corporation Limited (ASX:MUI) To Acquire Coal Project Licence In Inner Mongolia

April 29, 2011

Asian Market Report of April 29, 2011: MUI Corporation Limited (ASX:MUI) To Acquire Coal Project Licence In Inner Mongolia

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Clarizen Closes $12M in Growth Funding, Adds Opus Capital’s Dan Avida to Board of Directors

April 28, 2011

Investment Will Fuel Further Global Expansion and Drive Demand for Work Execution Software Beyond Traditional Project Management

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Coventry Resources Limited (ASX:CVY) Intersected Bonanza Grade Gold In First Pass Drilling At Cameron Gold Project In Canada

April 26, 2011

Coventry Resources Limited (ASX:CVY) Intersected Bonanza Grade Gold In First Pass Drilling At Cameron Gold Project In Canada

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KOPEX (WAR:KPX) Funding To Accelerate Development of Pan Asia Corporation Limited (ASX:PZC) Flagship Coal Project

April 18, 2011

KOPEX (WAR:KPX) Funding To Accelerate Development of Pan Asia Corporation Limited (ASX:PZC) Flagship Coal Project

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Venus Metals Corporation Limited (ASX:VMC) Intersected 120m Sulphide Rich Alteration Zone At Eucla Moodini Project

April 18, 2011

Venus Metals Corporation Limited (ASX:VMC) Intersected 120m Sulphide Rich Alteration Zone At Eucla Moodini Project

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Donna Fenn: When Is It Best To Hire A Contractor?

April 15, 2011

Q: When is it better to work with contractors rather than hire employees? The following answers are provided by the Y.E.C. Mentors . Co-Founded by Donna Fenn and Scott Gerber , Y.E.C. Mentors is an initiative of the Young Entrepreneur Council , a nonprofit organization that provides young entrepreneurs with access to tools, mentorship, community and educational resources that support each stage of their business’s development and growth. Y.E.C. Mentors’ members are successful executives, serial entrepreneurs and thought leaders. A: Use Contractors in Non-Core Areas When our team encounters issues beyond our capabilities, we hire a project based contractor. The high cost of unemployment insurance and other employee contributions could last longer than the project. If the project is only short term, we do not want that extra overhead. However, we have retained as full time, two project staff because of their amazing culture and abilities. –Tom Walter, Tasty Catering A: Keep Fixed Costs Minimal, But Don’t Contract Out Critical Positions Look for independent contractors with the expertise to speed your way to success. It is much more cost effective to hire them by the hour instead of taking on their salaries; but beware that you have the right “work for hire” agreements in place to you own what you pay them for doing. And make sure you comply with the IRS rules on independent contractors. –Sharon Lechter ( @sharonlechter ), Pay Your Family First A: Invested Employees Sustain Growth Often times, you have more “control” over contractors than employees. They typically cost more per hour but you can use them only when you need them. Unless it’s core to your business contractors offer much more flexibility but come at a cost — such as their experience leaves with them. –Michael Holthouse ( @lemonadeday ), Prepared 4 Life A: Contactors are Invaluable for Bootstrappers The answer to your question isn’t really what’s better, but what is the nature of your relationship with the worker. If you are the sole company he or she works for and if you control his/her schedule and how the job is performed, then the worker is most likely an employee. Check out www.irs.gov which provides a list of criteria a worker must meet in order to be considered a contractor. –Susan Solovic ( @susansolovic ), It’s Your Biz

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‘Bridge To Nowhere’ — We’re Still Paying For It

April 10, 2011

Alaska legislators have signed off on another $1.4 million in federal money to pay planners of the controversial Knik Arm bridge and are talking about ponying up state dollars for the project next year.

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Murchison Metals Limited (ASX:MMX) Receive Environment Protection And Biodiversity Conservation Act Approval For Jack Hills Expansion Project

April 6, 2011

Murchison Metals Limited (ASX:MMX) Receive Environment Protection And Biodiversity Conservation Act Approval For Jack Hills Expansion Project

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Australian Market Report of April 5, 2011: Extract Resources (ASX:EXT) Receive Two Year Extension For Husab Uranium Project In Namibia

April 5, 2011

Australian Market Report of April 5, 2011: Extract Resources (ASX:EXT) Receive Two Year Extension For Husab Uranium Project In Namibia

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Iron Road Limited (ASX:IRD) Update On Prefeasibility Study Of Central Eyre Iron Project

April 5, 2011

Iron Road Limited (ASX:IRD) Update On Prefeasibility Study Of Central Eyre Iron Project

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Murchison Metals Limited (ASX:MMX) Extension of State Development Agreement for Oakajee Infrastructure Project

April 5, 2011

Murchison Metals Limited (ASX:MMX) Extension of State Development Agreement for Oakajee Infrastructure Project

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Sundance Resources Limited (ASX:SDL) Delivers Positive Feasibility Studies For The Mbalam Iron Ore Project

April 5, 2011

Sundance Resources Limited (ASX:SDL) Delivers Positive Feasibility Studies For The Mbalam Iron Ore Project

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Rum Jungle Resources Limited (ASX:RUM) Exploration Update – Ammaroo Phosphate Project

April 4, 2011

Rum Jungle Resources Limited (ASX:RUM) Exploration Update – Ammaroo Phosphate Project

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Environmental Clean Technologies Limited (ASX:ESI) Signed Joint Venture Agreement With Vietnam For Victoria Coldry Project

April 3, 2011

Environmental Clean Technologies Limited (ASX:ESI) Signed Joint Venture Agreement With Vietnam For Victoria Coldry Project

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Australian Market Report of March 18, 2011: Cleveland Mining (ASX:CDG) Acquire New Chilean Gold Project

March 18, 2011

Australian Market Report of March 18, 2011: Cleveland Mining (ASX:CDG) Acquire New Chilean Gold Project

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Australian Market Report of March 17, 2011: Marmota Energy (ASX:MEU) Announce Significant Iron And Manganese Results At Western Spur Project

March 17, 2011

Australian Market Report of March 17, 2011: Marmota Energy (ASX:MEU) Announce Significant Iron And Manganese Results At Western Spur Project

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Major Resource Upgrade for Sundance Resources Limited (ASX:SDL) Mbalam Iron Ore Project

March 17, 2011

Major Resource Upgrade for Sundance Resources Limited (ASX:SDL) Mbalam Iron Ore Project

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Australian Market Report of March 15, 2011: Kangaroo Resources (ASX:KRL) On Track To Complete The Acquisition Of Indonesian Pakar Thermal Coal Project

March 15, 2011

Australian Market Report of March 15, 2011: Kangaroo Resources (ASX:KRL) On Track To Complete The Acquisition Of Indonesian Pakar Thermal Coal Project

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Ron Ashkenas: Turn Down the Volume on Yelling!

March 11, 2011

Have you ever observed an interaction between two people who speak different languages? Oftentimes, they speak louder and louder as the conversation progresses — unconsciously hoping that turning up the volume will cause the other person to eventually get the message. Increasing decibel levels is usually not the key to effective communications . Yet many managers still rely on dialing up “virtual volume” when persuading subordinates or peers. We’ve all seen managers who do this in various ways, such as sending belligerent or nasty emails ; enlisting others to exert pressure ; escalating disputes to higher levels; pulling rank; or threatening to derail a career . You’ve also probably seen managers use these techniques with suppliers or customers — trying to get them to change terms, conditions, or prices. The reality is that speaking louder is usually a symptom of frustration, like when an exasperated parent yells at a misbehaving child. It’s a last resort when calm, rational arguments haven’t worked . But when things reach this stage, communication deteriorates rapidly . Frustration and anger affect the yeller like an internal static, making it difficult for him to understand anyone else. And the raised volume — while it might force the subordinate, colleague, or customer to give in — certainly doesn’t increase real understanding or acceptance of the message. In the long term, this kind of behavior creates fear, distrust, and suspicion — not a good foundation for future understanding or problem solving. It’s easy to say that managers in organizations shouldn’t act this way, just like we say that parents shouldn’t yell at their kids . But organizations are made up of flawed human beings — and all of us struggle with effective communication . So what can you do to deal with a loss of volume control either in yourself or others? Let me suggest two simple steps: 1. Tune up your sound meter: The first step in dealing with organizational yelling is to recognize when it is occurring, either in yourself or others. As mentioned earlier, managers often use various types of “virtual volume” to shout at one another in ways that can be silent. In the absence of real noise, you need to be alert for the signs of volume disorders such as projects that are stalled, decisions that are never made, and managers or departments that tend to blame each other for problems or just don’t seem to get along. Here’s a quick example: In a large financial services company, a key systems project was months behind schedule with nobody taking responsibility for the delays. When asked, the business teams said that IT “couldn’t get anything done,” and the IT people reported that the business arm “didn’t know what they wanted.” As this kind of quiet shouting continued, project meetings eventually deteriorated into detailed task reviews with no real discussions about how to get the effort back on track. Eventually as the lack of progress escalated, the head of the division realized that the business and IT people were shouting, but not really talking. 2. Restart and reframe the discussion: Once you realize that a shouting match is underway (even if you are part of it), you need to get the parties to step back, turn off the megaphones, and start the discussion all over again. In doing so, you should begin with the premise that no one is to blame and that a shouting match does not serve any purpose. Instead, start from the end-point and work backwards as a team: What are we trying to accomplish? What’s our shared organizational goal? What do we need to do to accomplish that goal? In the financial services case, the division executive insisted that the IT and business teams (ten people) spend a full day recalibrating the project. With the help of a facilitator, the group focused first on the goal of the project. As the business people talked about their current products and what they hoped to do differently as a result of this systems change, some of the IT people began to realize that there was a completely different — and much easier — way to satisfy the business need. Six weeks later the first customer transaction was successfully concluded and the new revenue stream was underway. Of course not every shouting match is defused as easily as this one. But by recognizing that the volume has been turned up and reframing the conversation in terms of a shared goal, you’ll have a much better chance of making progress. Otherwise — like those two people speaking different languages — you’ll just keep talking louder and louder. Cross-posted from Harvard Business Online [For more, visit the Communication Insight Center .]

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White House Takes Back Billions From Florida Allocated For High-Speed Rail

March 11, 2011

WASHINGTON — The Obama administration says it’s taking back the $2.4 billion allocated to Florida for high-speed trains and is inviting other states to apply for the money. Transportation Secretary Ray LaHood said in a statement Friday that he will make the funds available through competitive bidding to states eager to develop high-speed rail corridors. The Florida project would have connected Tampa and Orlando with high-speed trains. But Gov. Rick Scott, a Republican, said he didn’t want to obligate the state to pay for what could be expensive operating costs for the line. LaHood’s actions appeared to put an end to the on-again, off-again negotiations between Scott and supporters of the project trying to find a formula to keep it alive.

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Australian Market Report of March 11, 2011: Aquila Resources (ASX:AQA) To Target 2Mtpa Operation At Avontuur Manganese Project In South Africa

March 11, 2011

Australian Market Report of March 11, 2011: Aquila Resources (ASX:AQA) To Target 2Mtpa Operation At Avontuur Manganese Project In South Africa

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