Tuesday 2 October 2012

Special Edition 18

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Man Dead in Domestic Incident

http://www.adelaidenow.com.au   Oct 2

A man, 31, has been charged with assault after the death of a Coober Pedy man last night.

The 40-year-old man was found collapsed and later pronounced dead at a Hutchinson St opal store, after police were called to a disturbance about 7pm.

A Far North man, 31, was arrested and charged with four counts of assault and one count of attempted serious criminal trespass.

He was also charged with breaching bail and was refused bail. He is likely to appear in the Coober Pedy Magistrates Court later today.

A report is being prepared for the Coroner and investigators are awaiting the results of a post-mortem examination.

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Price of pastoral leases soars in South Australia

·                                 Nigel Austin

·                                 The Advertiser

·                                 September 28, 201210:00PM

A RANGE war has broken out between pastoralists and the Weatherill Government over the surging cost of pastoral leases across the state.

Outback cattleman Tony Williams, from Mount Barry station, midway between Coober Pedy and Oodnadatta, says the burgeoning costs are threatening the industry.

His rent has risen by 116 per cent this year and more than 300 per cent over the past two years.

Elsewhere, pastoral land rents have increased by up to 223 per cent in the past year, outraging many pastoralists. Pastoral leases cover about 41 per cent of the state.

Mr Williams said if pastoral rents kept rising it would provide little incentive for the cattlemen to stay in the industry.

"This will impact the company because it is an extra $50,000 that has to be found and if they keep putting pastoral rents up it is going to make running beef cattle an unattractive business venture," Mr Williams said.


"If an Adelaide council put rates up by 100 per cent there would be an outcry."

At Wintinna station near Marla, Bernadette and Digby Giles suffered rate rises of 100 per cent two years ago and then 166 per cent this year.

The couple has been forced to find work away from the property to try to make ends meet because they have only had 43 millilitres of rain this year.

South Australian Farmers Federation Northern Pastoral Region chairman Colin Greenfield said it wouldn't be so bad if pastoralists were making good profits and getting value for money with good services and decent roads.

S Kidman and Co managing director Greg Campbell said the steep increases for pastoral leases had come as a shock and were at odds with rural real estate reviews, which show pastoral lease values have declined by about 20 per cent since reaching a market peak in late 2007.

An independent valuation carried out for the Williams Cattle Company said it considered that the value of pastoral leaseholds had fallen in the past two years.

The State Government has refused to review the increases which it says are based on a two-year review.

MP John Darley said he was trying to amend the law under which pastoral land rents are left to the Valuer-General, rather than being based on the rate of return of the unimproved land.

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German gem thief gets 14 years jail

17:59 AEST Thu Sep 27 2012

http://news.ninemsn.com.au/article.aspx?id=8539572

 

 

 

By Miranda Forster

A German backpacker has been sentenced to 14 years in prison for a three-year crime spree that included bringing $165,000 worth of stolen opals into Queensland.

The Brisbane Supreme Court on Thursday heard that Carlo Konstantin Kohl will be eligible for parole in January next year.

The 24-year-old has already served almost two and a half years in prison since he was extradited to Queensland from Victoria in 2010.

Kohl was convicted of bringing the haul of precious gems into the state in 2009 after stealing them from a travelling companion.

The friend had stolen the opals from a business in Coober Pedy, South Australia.

Kohl was also convicted of trafficking ecstasy and cannabis between Hervey Bay, Bundaberg, Rainbow Beach and the Sunshine Coast between 2007 and 2009.

The young German also threatened a gardener with a replica pistol during a botched home invasion in 2009.

The court heard he also stole a boat motor worth $58,000 and other property during a string of break-ins between 2006 and 2009.

The court heard Kohl came to Australia in 2006 for a holiday and committed the crimes between the age of 18 and 21.

At least some of this time he was living in a tent on the Sunshine Coast.

In sentencing, Justice Jean Dalton said the overall level of criminality displayed by Kohl was serious.

"You were a drug user, you were trafficking in drugs, you were here without a visa (and) you were living apparently a fairly itinerant and an absolutely lawless life," she said.

The judge took into account his youth, his early guilty plea and co-operation with police.

Earlier, defence barrister Sarah Thompson revealed her client had been brutally bashed last month by two other prisoners and was being kept in solitary confinement for his own safety.

Ms Thompson said Kohl would almost certainly be deported when released

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Exposure draft of The JORC Code (2012) released for

public comment and review

The Australasian Joint Ore Reserves Committee (JORC) has released for public

comment an exposure draft of a revised JORC Code (2012).

The JORC Code (full title: Australasian Code for Reporting of Exploration Results,

Mineral Resources and Ore Reserves) is essential to ensure investor confidence in

the minerals industry in Australasia.

Acting Chair of JORC, Mr Steve Hunt said:

“First developed as a world-leading piece of industry self-regulation in 1989, the

Code is incorporated in the Listing Rules of the Australian Securities Exchange and

the New Zealand Stock Exchange, making compliance mandatory for listing public

companies in Australia and New Zealand. The key role of the JORC Code is to

ensure consistently high quality and transparent reporting of Exploration Results and

reporting of estimates of Mineral Resources and Ore Reserves.

“The exposure draft represents a significant evolution of the JORC Code, and we

strongly encourage people to review the draft and provide us comments” he said.

This draft has been prepared following consultation on an issues paper in 2011.

JORC received extensive feedback (114 written submissions as well as further direct

industry feedback through various public forums and meetings) on the issues paper,

and that greatly assisted JORC in preparing the exposure draft.

The review process confirmed that while there is strong support for the JORC Code

to remain principles based, there is also a need for improved disclosure standards

and greater balance between the core principles of Transparency, Materiality and

Competence in public reporting.

The exposure draft of The JORC Code (2012) can be found at www.jorc.org.

Comments are invited up to Friday 26th October 2012. Submissions should be

emailed to jorc@ausimm.com.au.

“JORC also welcomes the parallel release of the ASX consultation paper ‘Reserves

and Resources Disclosure Rules for Mining and Oil &Gas Companies: Draft ASX

Listing Rules and Guidance Notes for Enhanced Disclosure’. JORC has been

working closely with the ASX and ASIC as we have developed these draft

documents, and I am very pleased that we are able to consult on these related

documents at the same time”, Mr Hunt said.

There are a number of areas in which the exposure draft JORC Code (2012) and

ASX listing rules are in close alignment in seeking to create a more transparent

balanced reporting regime for Exploration Results, Mineral Resources and Ore

Reserves.

JORC urges that both papers be reviewed concurrently in order to understand the

accountabilities and requirements for both Competent Persons and mining

companies under the new drafts. JORC, ASX and ASIC have liaised and cooperated

in an attempt to ensure the requirements are efficient and compatible. JORC

welcomes any comment on the compatibility of the two sets of requirements.

In addition there are a number of issues beyond the scope of the JORC Code

covered only within the ASX consultation paper, specifically new guidance on the

reporting of Production Targets and the public reporting of Historical and Foreign

Estimates. As these issues are not addressed within the JORC Code, the draft

guidance for these issues should be reviewed and commented upon directly to the

ASX.

Contact:

Steve Hunt

Acting Chairman JORC

Phone: +61 (0)418340233

Email: jorc@ausimm.com.au

Secretariat: The AusIMM Phone (03) 9658 6100 Fax (03) 9662 3662

Postal Address: PO Box 660 Carlton South VIC 3053

JORC web site: www.jorc.org 

 

Further facts:

The JORC Code:

Sets minimum standards for public reporting (in Australia & New Zealand) of Exploration Results,

Mineral Resources and Ore Reserves

Provides a mandatory system for classification of tonnage/grade estimates according to geological

confidence and technical/economic considerations

Requires Public Reports to be based on work undertaken by a Competent Person; describes the

qualifications and type of experience required to be a Competent Person

Provides extensive guidelines on the criteria to be considered when preparing reports on

Exploration Results, Mineral Resources and Ore Reserves.

The JORC Code does not:

Regulate the procedures used by Competent Persons to estimate and classify Mineral Resources

and Ore Reserves

Regulate companies’ internal classification or reporting systems

Deal with breaches of the Code by:

o Companies (these are regulated by the ASX)

o Individuals (these are dealt with under enforceable Codes of Ethics of the Australian Institute

of Geologists (AIG), The Australasian Institute of Minerals and Metallurgy (The AusIMM) or

the relevant Recognised Professional Organisation.

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