Rescue Prepared for Sunken Ship Containing Millions in ‎Gold and Silver

first_imgBy Dialogo March 10, 2009 Buenos Aires, Mar 10 (EFE). – Next week a ship from Norway will begin efforts to ‎rescue the “Polar Mist,” a Chilean fishing vessel which mysteriously sank ‎carrying a load of more than nine tons of gold and silver bars in the Atlantic ‎Ocean off the coast of Argentina.‎ The rescue was ordered by the British insurance company Lloyds with an ‎estimated cost of approximately two million dollars, the newspaper Clarín ‎reported today based on sources affiliated with the operation.‎ Lloyds hired the vessel “Skandi Patagonia,” which features a team of seven ‎divers, one heliport, and a system of powerful propellers that enable it to remain ‎in the same spot despite waves, for the rescue.‎ Since 2002, the Norwegian vessel has been providing logistic services to the ‎French oil company Total Austral for its exploitation of deposits south of ‎Argentina.‎ The “Polar Mist” sank after a storm on January 18 at the Atlantic entrance of the ‎Strait of Magellan, carrying a cargo of 9.5 tons of “golden metal,” bars of 90% ‎silver and 10% gold, appraised at about 18 million dollars.‎ Of the valuable load of the “Polar Mist”, 6.9 tons belong to the mines of Cerro ‎Vanguardia, with the participation of the South African Anglo Gold (92.5 percent) ‎and the Argentinean State company Fomicruz (7.5 percent), while the remainder ‎belongs to the mining company Triton Argentina, a subsidiary of the Canadian ‎Pan American Silver. ‎ ‎“It may be easier to lift the vessel than to remove the eight boxes (from the gold ‎cargo) that are in the ship’s hold”, said a speaker for the rescue group.‎ It is believed that the “Polar Mist,” which was caught by surprise in a storm with ‎waves of up to ten meter high on January 16, sank to a depth of 75 meters with ‎its valuable cargo, has a device that sends a signal to help it be located.‎ The rescue group believes that the cargo of gold and silver can be recovered in a ‎few days if there are no setbacks.‎last_img read more

Waidamu River Dredging Begins

first_imgImage source: Fijian GovernmentFijian Government has just announced that the dredging works on the 18 kilometer long Waidamu River are expected to start in the following days.According to their latest release, the Minister for Waterways and Environment, Dr. Mahendra Reddy, and Minister for Lands and Mineral Resources, Ashneel Sudhakar, commissioned the works in Waicoka Village, Tailevu, yesterday.Commenting the latest news, Minister Reddy said that communities affected by the impacts of climate change will not be ignored and the Fijian Government will assist in full force by coming up with smart solutions.There are more than 200 residents in Waicoka Village and the commissioning has brought the villagers a great sense of relief, Fijian Government said in its release.Lands and Mineral Resources Minister, Ashneel Sudhakar, added that thorough consultations have been carried out in order to undertake this project.Image source: Fijian Governmentlast_img read more

Everything you need to know about women’s basketball’s first male head coach, Jonathan Tsipis

first_imgThe Wisconsin women’s basketball team will officially name Jonathan Tsipis as the new head coach Thursday.Tsipis, the former George Washington University head coach, brings an excellent track record as both an assistant and head coach in women’s college basketball. He will look to provide the program, which has been highly unsuccessful over the past several years, with a much-needed jolt of energy.The former head coach Bobbie Kelsey was fired earlier this month after five lackluster seasons.Here is what you need to know about the newest member of the UW family:Women’s Basketball: Badgers reportedly set to hire Jonathan Tsipis as program’s first male head coachThe Wisconsin women’s basketball team is set to hire their first male head coach in program history, pending approval at Read…Rebuilding is nothing new for TsipisTsipis inherited a GWU team that went 11-18 the previous season and was among the worst teams in the Atlantic 10 conference. It took the head coach no more than two seasons to turn the program back into one of the conference’s best. After going 14-16 in his first season, the team posted a 23-11 record in his second.From there, things only went up for Tsipis and the Generals, going 55-11 over the next two seasons. They earned at least a share of the conference and a trip to the NCAA tournament in each.Tsipis now faces a similar situation with the Wisconsin team, which went 7-22 in the 2015-16 season. With a large group of seniors departing, the new head coach will have a tough task ahead.Women’s basketball: Head coach fired after five lackluster seasonsIn the business of college sports, only winning matters, and for University of Wisconsin women’s basketball head coach Bobbie Kelsey, Read…Tsipis has found success at a larger program tooBefore being named the head coach at George Washington, Tsipis served as both an assistant and associate head coach at Notre Dame, which has one of the most successful women’s basketball programs in the entire country.During his time there, the team went 228-77, reaching the NCAA tournament every year. They also managed to reach the Sweet 16 three times and National Championship game twice.The highlight of his time at Notre Dame came during the 2008-09 season, when Tsipis was one of five coaches to receive the Coach of the Year honor. This award recognizes the best assistant coaches in the country.Tsipis has earned high praise from those he has worked underIn his time at Notre Dame, Tsipis worked under Muffet McGraw, one of the most successful head coaches in women’s college basketball history.McGraw had nothing but good things to say on about Wisconsin’s newest head coach during his final season on the Fighting Irish Staff.“[Tsipis] has done a tremendous job as our recruiting coordinator and his track record in terms of player development and game scouting is among the best in the country,” McGraw said. “I rely on him for his invaluable insights, passion and drive, and I’m looking forward to having him on the bench as we continue making our move back to the top of college basketball.“He’s a great teacher who stresses the fundamentals above everything else. His scouting reports and game preparation skills are also excellent, and he’s very poised and confident under pressure.”last_img read more