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Can’t turn a blind eye: Added sugar could be unmissable

The nation's health ministers have ordered a review to consider making it compulsory for packaged foods and drinks to carry labels quantifying the amount of added sugar they contain. The Australia and New Zealand Ministerial Forum on Food Regulation chaired by Tasmanian senator Richard Colbeck specifically wants foods standards authorities to look at a “pictorial approach” to labelling sugary drinks. KEEP UP-TO-DATE WITH HEALTH NEWS HERE The move would potentially see Coca-Cola and other soft drinks slapped with demands to display pictures of multiple teaspoons of sugar on their labels. The idea is more broadly aimed at making it easier for consumers to distinguish between naturally occurring sugars and added sugars so they can weigh up how good or bad a product is for their health. “The forum agreed to request that Food Standards Australia New Zealand review nutrition labelling for added sugars, noting that the option to quantify added sugars in the nutrition information panel be..

The nation's health ministers have ordered a review to consider making it compulsory for packaged foods and drinks to carry labels quantifying the amount of added sugar they contain. The Australia and New Zealand Ministerial Forum on Food Regulation chaired by Tasmanian senator Richard Colbeck specifically wants foods standards authorities to look at a "pictorial approach" to labelling sugary drinks. KEEP UP-TO-DATE WITH HEALTH NEWS HERE The move would potentially see Coca-Cola and other soft drinks slapped with demands to display pictures of multiple teaspoons of sugar on their labels. The idea is more broadly aimed at making it easier for consumers to distinguish between naturally occurring sugars and added sugars so they can weigh up how good or bad a product is for their health. "The forum agreed to request that Food Standards Australia New Zealand review nutrition labelling for added sugars, noting that the option to quantify added sugars in the nutrition information panel best met the desired outcome," according to a communique released by the forum. "Furthermore, the forum agreed that a pictorial approach applied to sugary beverages/sugar-sweetened beverages warrants further consideration, along with other options, pending the response to the HSR five-year review." READ ALSO The ministers agreed that consumers should have access to food labelling that provides "adequate contextual information about sugars" to enable them to make more informed choices. They further agreed that any label changes should be accompanied by education. Public Health Association of Australia chief executive Terry Slevin has told the Sydney Morning Herald the labelling of sugars on packaged foods and drinks needs to be enacted. Mr Slevin says the initiative should be incorporated into the calculation of health star ratings, something which had been recommended by an independent health star rating review. Australian Associated Press KEEP UP-TO-DATE WITH LOCAL NEWS AND GET FULL ACCESS TO THE WEBSITE BY SUBSCRIBING HERE.

The nation's health ministers have ordered a review to consider making it compulsory for packaged foods and drinks to carry labels quantifying the amount of added sugar they contain.

The Australia and New Zealand Ministerial Forum on Food Regulation chaired by Tasmanian senator Richard Colbeck specifically wants foods standards authorities to look at a "pictorial approach" to labelling sugary drinks.

The move would potentially see Coca-Cola and other soft drinks slapped with demands to display pictures of multiple teaspoons of sugar on their labels.

The idea is more broadly aimed at making it easier for consumers to distinguish between naturally occurring sugars and added sugars so they can weigh up how good or bad a product is for their health.

"The forum agreed to request that Food Standards Australia New Zealand review nutrition labelling for added sugars, noting that the option to quantify added sugars in the nutrition information panel best met the desired outcome," according to a communique released by the forum.

"Furthermore, the forum agreed that a pictorial approach applied to sugary beverages/sugar-sweetened beverages warrants further consideration, along with other options, pending the response to theRead More – Source

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Australia

Archer Materials concludes sale of non-core Leigh Creek Magnesite Project for $2.89 million

Archer Materials Ltd (ASX:AXE) (OTCMKTS:ARRXF) (FRA:38A) has completed the sale of its Leigh Creek Magnesite Project for a total consideration of $2.89 million which includes a cash payment of $250,000 and shares worth $2.64 million in Volatus Capital Corp (CNSX:VC).

Strategy to monetise non-core assets[hhmc]
Archer executive chairman Greg English said: “The sale of the Project is part of our strategy of monetising our exploration and other non-core assets, and so far we have received approximately $12.0 million from the sale of these non-core assets.

“We look forward to continuing to work with Volatus management and providing the assistance required to maximise the value of the Project and the Consideration Shares.”

Focus on materials technology business[hhmc]
Archer shares recently surged on a technological breakthrough with the building of quantum devices required for initial qubit control measurements.

Read More – Source

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Archer Materials Ltd (ASX:AXE) (OTCMKTS:ARRXF) (FRA:38A) has completed the sale of its Leigh Creek Magnesite Project for a total consideration of $2.89 million which includes a cash payment of $250,000 and shares worth $2.64 million in Volatus Capital Corp (CNSX:VC).

Strategy to monetise non-core assets


Archer executive chairman Greg English said: “The sale of the Project is part of our strategy of monetising our exploration and other non-core assets, and so far we have received approximately $12.0 million from the sale of these non-core assets.

“We look forward to continuing to work with Volatus management and providing the assistance required to maximise the value of the Project and the Consideration Shares.”

Focus on materials technology business


Archer shares recently surged on a technological breakthrough with the building of quantum devices required for initial qubit control measurements.

Read More – Source

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Australia

TNT Mines expands footprint at East Canyon Uranium-Vanadium Project in Utah

TNT Mines Ltd (ASX:TIN) has staked additional claims to increase its landholding along strike of the known high-grade mineralised trend at its East Canyon Uranium-Vanadium Project in Utah, US.

The 31 additional contiguous lode claims will expand TNTs landholding at East Canyon to around 18.7 square kilometres.

As a result, the interpreted mineralised uranium and vanadium strike trend of the company will be extended by over one kilometre at both the None Such and Bonanza prospects respectively.

Increased landholding to complement recent sampling success[hhmc]
TNTs move to stake the additional claims will complement the success of recent exploration work carried out at None Such and Bonanza.

Recently completed sampling program showed high-grade mineralisation exists in multiple underground workings with vertical face samples of up to 1.25 metres at 0.26% uranium and 0.6 metres at 0.34% uranium.

Laboratory results of five samples from the 2020 program are expected soon.

Multiple hig..

TNT Mines Ltd (ASX:TIN) has staked additional claims to increase its landholding along strike of the known high-grade mineralised trend at its East Canyon Uranium-Vanadium Project in Utah, US.

The 31 additional contiguous lode claims will expand TNTs landholding at East Canyon to around 18.7 square kilometres.

As a result, the interpreted mineralised uranium and vanadium strike trend of the company will be extended by over one kilometre at both the None Such and Bonanza prospects respectively.

Increased landholding to complement recent sampling success


TNTs move to stake the additional claims will complement the success of recent exploration work carried out at None Such and Bonanza.

Recently completed sampling program showed high-grade mineralisation exists in multiple underground workings with vertical face samples of up to 1.25 metres at 0.26% uranium and 0.6 metres at 0.34% uranium.

Laboratory results of five samples from the 2020 program are expected soon.

Multiple highly prospective targets


Besides None Such and Bonanza, multiple other highly prospective targetRead More – Source

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Australia

Matador Mining aims to maximise value of Cape Ray Gold Project

Matador Mining Ltd (ASX:MZZ) executive chairman Ian Murray believes activities in recent months have been critical in positioning the company to maximise the value of its Cape Ray Gold Project in Canada.

He said: “Completion of a share placement to raise more than $8 million, together with the appointments of highly regarded gold industry professionals Justin Osborne and Mick Wilkes, has put the company on a sound footing as we embark on an extensive 12,000-metre greenfield and brownfield exploration program.”

Immediately after the quarter ended on June 30, the company issued 21.4 million shares at a price of 4.05 cents per share (a 44.5 % premium to the 15-day VWAP) to raise the funds.

Board restructure[hhmc]
Murray was previously Managing Director of Gold Road Resources Ltd (ASX:GOR) where he served for over 10 years and was instrumental in taking Gold Road from early exploration through to the fully funded 8.2 million tonnes per annum Gruyere Gold Project, which is forecast to pr..

Matador Mining Ltd (ASX:MZZ) executive chairman Ian Murray believes activities in recent months have been critical in positioning the company to maximise the value of its Cape Ray Gold Project in Canada.

He said: “Completion of a share placement to raise more than $8 million, together with the appointments of highly regarded gold industry professionals Justin Osborne and Mick Wilkes, has put the company on a sound footing as we embark on an extensive 12,000-metre greenfield and brownfield exploration program.”

Immediately after the quarter ended on June 30, the company issued 21.4 million shares at a price of 4.05 cents per share (a 44.5 % premium to the 15-day VWAP) to raise the funds.

Board restructure


Murray was previously Managing Director of Gold Road Resources Ltd (ASX:GOR) where he served for over 10 years and was instrumental in taking Gold Road from early exploration through to the fully funded 8.2 million tonnes per annum Gruyere Gold Project, which is forecast to produce around 300,000 ounces per year in a joint venture with Gold Fields Limited (NYSE:GFI).

Non-executive director Justin Osborne is noted within the mining industry as a gold specialist, highlighted by his key role in the discovery and development of the newly operating tier-one Gruyere Gold Mine in Western Australia with Gold Road.

Non-executive director Mick Wilkes served as President and CEO of OceanaGold Corp (ASX:OGC) for a decade, growing the company from a junior producer into a multinational mid-tier gold producer with four operations across three countries.

Successful scoping study


The scoping study for Cape Ray was based on a proposed 1.2 million tonnes per annum standalone mining and processing operation, demonstrating positive financial metrics over a possible initial mine life of 7 years with capital payback within the first 1.75 years of the Projects life.

The payback period decreases to 1.5 years based at a gold price of US$1,700.

The study also showed:

  • An after-tax IRR of 51% and NPV8 of A$194 million (based on a US$1,550/ounce gold price); and
  • A rapid aftertax payback of 1.75 years decreasing to less than 1.50 years at a US$1,700 gold price.

The key driver for these robust returns is the high-grade open pit ore that is proposed to be mined and processed during the first two years (average 2.72 g/t) and first four years (average 2.5 g/t) of production.

The Cape Ray shear and the major holders

Extensive exploration planned


The primary objective for the company is to expand the resource base and extend the life-of-mine, with a focus on shallow open pit deposits that support the companys overall objective for the Project to be one of the highest grade open pit operations in the world.

After the end of the quarter, Matador set out its exploration strategy to grow the resource base through brownfields expansion and new greenfield discoveries to a size that would support a 10-year gold mining operation.

Mobilisation of two drill rigs to site has been completed and a 12,000-metre drilling campaign targeting resource expansion and greenfield prospects will commence in early August 2020.

The first drill target is at Window Glass Hill where a minimum of 3,000 metres is planned, focused on extensions to the existing mineral resource.

A second main brownfield target is at Isle aux Morts, where around 2,000 metres of drilling will focus on resource extensioRead More – Source

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