Photo: Look Who’s On Penn State’s Campus This Weekend

first_img Franklin did seem rather impressed with Fleming at the camp, so perhaps he’ll stay in touch with the five-star wideout until he officially signs with the Buckeyes.Check it out:Five-star WR Julian Fleming in back at Penn State today for 7-on-7 competition.James Franklin is a very interested member of the crowd.https://t.co/RtxJepLkum pic.twitter.com/NhdFT8W4Yt— Lions247 (@Lions247) June 15, 2019 While Penn State would love to have Fleming flip his decision in the near future, there is no indication that it’ll happen.Fleming, the top wide receiver in his class, has 31 scholarship offers thus far. Unfortunately for Penn State, he did say that he was looking to end his recruitment process when he committed to Ohio State.The Nittany Lions have the No. 23 recruiting class in the country, per 247Sports. As for their biggest rival, the Buckeyes have the top recruiting class in the Big Ten. Penn State players locking arms.STATE COLLEGE, PA – OCTOBER 08: Penn State Nittany Lions players celebrate after the game against the Maryland Terrapins at Beaver Stadium on October 8, 2016 in State College, Pennsylvania. Penn State defeated Maryland 38-14. (Photo by Joe Robbins/Getty Images)Penn State is hosting a few on-campus events this weekend, which includes a seven-on-seven competition for high school recruits.James Franklin and the coaching staff will most likely scout each player, but they’ll probably keep a closer eye on one in particular.It turns out that five-star recruit Julian Fleming is at Penn State to partake in this weekend’s football camp. The Pennsylvania native recently announced his commitment to Ohio State.Practicing at the Nittany Lions’ facility doesn’t mean Fleming will change his decision. However, it might keep fans on edge in Columbus.last_img read more

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Newmont tells conference that global gold discoveries are falling behind the discovery

first_imgThe world is facing a diminishing level of major gold discoveries above 5 Moz and is danger of global output and costs rising above the rate of new reserves, according to the world’s second largest gold miner, Newmont. Addressing the opening day of the 2008 Paydirt Gold Conference in Perth, Newmont Australia’s General Manager – Tanami Operations, Adriaan van Kersen, cited his company’s own experience as indicative of the tightening discovery versus mining trend on a broader scale within the gold sector.“Newmont depletes its reserves at 10 oz a minute and needs a replacement discovery rate of near 14 oz a minute,”  van Kersen said. “However, only 4% percent of gold deposits in the world are now above 5 Moz in reserves.”“Exploration is not only becoming tougher and riskier but more expensive and it is becoming more and more difficult to find gold in any surface quantity. As an industry, we are spending more and more on exploration but even in a high demand and high price environment, and more drilling happening, the gold sector is not discovering the same ounces as it used to.“Against this background, there is an alarming and decreasing trend in discoveries above 1 Moz and the sector is now facing real challenges of replacing its production unless there are technological breakthroughs.”He also warned against the impact of rising costs – up 24% in the past year as higher fuel, spare parts and labour costs impacted heavily.Newmont plans to produce between 5.1 and 5.4 Moz of gold in 2008. The company has 86 Moz of gold in its global reserves inventory including major Australian mines, and for 2008, has assigned an exploration budget of $220-230 million for exploration.The sale last year of its merchant banking unit generated $1.3billion in proceeds, further built on with a $1 billion convertible notes raising to help drive an invigorated global exploration, acquisition and mining campaign.last_img read more

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