Press Trust of India VisaskhapatnamSeptember 30, 2019UPDATED: September 30, 2019 15:40 IST The 3-match Test series between India and South Africa kicks off on October 2. (Reuters Photo)HIGHLIGHTSKeshav Maharaj appreciated Ravindra Jadeja and R Ashwin’s consistencyMaharaj said the new look South African team is not dwelling over the gloomy pastThe 1st Test between India and South Africa is to begin from Oct 2South Africa’s most experienced spinner Keshav Maharaj wants to be as consistent as seasoned Indian duo of Ravindra Jadeja and Ravichandran Ashwin during the upcoming three-Test starting on Wednesday.The orthodox left-arm spinner with 94 wickets from 25 Tests had a successful county performance and is hoping to make life “uncomfortable” for the Indian top-order.”It is nice that people speak highly of you. Look at Jadeja and Ashwin. Ashwin has got a lot of variations and Jadeja keeps it simple but the key is consistency and that make it uncomfortable for the batsmen. I can (want to) emulate that going forward and do my job from one end,” said Maharaj, who is on his maiden Test tour of India.Spin will hold key but reverse swing can also play a huge role in the series, he said.”You got to expect the ball to turn in the sub-continent and that is why people carry an extra spinner here. As far as bowling to Indian batsmen goes, you can only Test yourself against the best. The series will tell me how good I am and if I belong here in international cricket,” Maharaj said.”Besides spin, reverse swing will be key. Every bowling unit everywhere in the world likes to utilise if reverse swing is available. India have got strong bowlers including Mohammad Shami, who is unplayable at times. If it starts to reverse, then we have also got amazing bowlers, who can utilise the conditions.”The South Africa pace attack comprises Vernon Philander, Kagiso Rabada and Lungi Ngidi.advertisementIndia will be without the the services of their lethal weapon Jasprit Bumrah, who was ruled out of the series due to a stress fracture in the lower back. Maharaj said India will miss him badly.”It is a big loss for India. He has turned the whole Test side for India in terms of playing in various conditions but lets face it India have enough quality to replace him. Umesh Yadav is another world class bowler.”South Africa got a decent hit in the middle in the one-off practice game despite the rain with Aiden Markram (100), Temba Bavuma (87) and Philander (47) getting some much needed in the middle. Maharaj struck thrice in that game.”It was important that our batters got some time in the middle. They have been working on how to tackle Indian conditions and it is nice to get a hit.”South Africa were hammered in India four years ago with Jadeja and Aswhin wreaking havoc.Maharaj said the new look South African team is not dwelling over the past.”If you look at the freshness in the side, there is a hell lot of a new faces and that can work for us. There is no point looking back and things may not got our way. But we are here to compete,” he added.Also Read | It’s going to be tough playing India at their home: Vernon PhilanderAlso Read | Rohit Sharma out for 0 in India Board President’s XI vs South AfricaFor sports news, updates, live scores and cricket fixtures, log on to indiatoday.in/sports. Like us on Facebook or follow us on Twitter for Sports news, scores and updates.Get real-time alerts and all the news on your phone with the all-new India Today app. Download from Post your comment Do You Like This Story? Awesome! Now share the story Too bad. Tell us what you didn’t like in the comments Posted byAnita Jat Next IND vs SA: Keshav Maharaj wishes to replicate R Ashwin and Ravindra Jadeja’s consistencySouth Africa’s most experienced spinner Keshav Maharaj with 94 wickets from 25 Tests had a successful county performance and is hoping to make life “uncomfortable” for the Indian top-order.advertisement
zoom Honolulu-headquartered carrier Matson, Inc., reported net income of USD 9.9 million for the quarter ended June 30, 2015, a 45% drop compared to USD 18.1 million net profit recorded in 2QFY14.Matson says its second quarter results were negatively impacted by USD 13.5 million of additional selling, general and administrative expenses related to the acquisition of Horizon Lines, and USD 11.4 million of costs related to the company’s settlement with the State of Hawaii to resolve all claims arising from the discharge of molasses into Honolulu Harbor in September 2013.Matson’s consolidated revenue for the second quarter 2015 was USD 447.6 million compared with USD 436.4 million reported for the second quarter 2014.“Our core businesses delivered strong results in the second quarter, led by continued levels of exceptional demand for our premium expedited China service, yield improvements in Hawaii and Guam, further improvements at SSAT, and, for the first time, operating results from our Alaska acquisition,” said Matt Cox, Matson’s President and Chief Executive Officer.”However, these favorable operational gains were offset by costs related to our Alaska acquisition and, more recently, the resolution of the molasses incident.”For the second half 2015, the company expects market growth in the Hawaii trade to continue, with its Hawaii volume expected to be higher than the second half 2014. In the China trade, Matson expects to maintain its volume and average freight rates with high vessel utilization levels.In Guam, stable economic activity is expected and the company envisions its volume to be modestly better than 2014, assuming no new competitors enter the market. For the second half 2015, Matson expects Alaska container volume to approximate the 35,000 loads achieved by Horizon in the comparable period in 2014.“In Alaska, we’re off to a good start and our integration is progressing as planned,” said Cox.”We are on track to achieve our earnings and cash flow accretion expectations for this business within two years. Looking ahead to the balance of 2015, we expect Ocean Transportation operating income to moderately exceed 2014 levels and we expect our core businesses to continue to generate significant cash flow to pay down debt, fund growth initiatives, including our new vessel investments, and return capital to shareholders.”
Newmont Mining, the current subject of International Mining’s ‘Great Mines’ series (see above), and Fronteer Gold have entered into an agreement pursuant to which Newmont will acquire all of the outstanding common shares of Fronteer Gold. Fronteer Gold owns the development-stage Long Canyon project, which is located about 160 km from Newmont’s existing infrastructure in Nevada. This proximity provides the potential for significant development and operating synergies. Fronteer Gold also owns a 100% interest in the Northumberland project and a joint venture interest with Newmont in the Sandman project in Nevada, among other assets. Fronteer Gold has total attributable Measured and Indicated gold resources of 4.2 Moz and Inferred resources of 1.7 Moz Long Canyon, Northumberland and Sandman.Under the Plan of Arrangement, shareholders of Fronteer Gold will receive C$14.00 in cash and one common share in a new company (Pilot Gold), which will own certain exploration assets of Fronteer Gold, for each common share of Fronteer Gold. Pilot Gold will own a portfolio of Fronteer Gold’s exploration properties in Nevada, Turkey, and Peru and will be capitalised at closing with C$10 million of cash. The acquisition of Fronteer Gold will contribute significantly to our anticipated growth profile in North America,” stated Richard O’Brien, Newmont’s President and CEO. “The Long Canyon project, with its Carlin trend-like metallurgical and geological characteristics, complements our existing project pipeline in Nevada. This combination of assets will allow Newmont to leverage our expertise and extensive infrastructure in the region. Based on the work conducted to date by Fronteer Gold, as well as our own due diligence, we believe that Long Canyon holds the potential to grow beyond three to four times Fronteer Gold’s current stated resource estimate, with an attractive average gold grade of approximately 2.3 g/t. Additionally, we believe that Fronteer Gold’s wider portfolio of assets offers further upside potential for our portfolio.” In January 2011, Fronteer Gold released an interim resource estimate for Long Canyon, which reported Measured and Indicated resources of approximately 1.4 Moz gold and an additional Inferred resource of approximately 0.8 Moz. Fronteer Gold President and CEO Mark O’Dea: “This transaction delivers an immediate and attractive premium to our shareholders. It not only recognises the current value of our key Nevada gold projects, but rewards shareholders for their future growth. The team at Fronteer Gold has done an exceptional job of creating value and we are proud of the high quality project pipeline that we have built in Nevada. Newmont shares our view that Long Canyon, our flagship project, is a ‘best-in-class’ asset with excellent production attributes and significant growth potential. Importantly, this transaction continues to expose Fronteer Gold shareholders to our ongoing exploration and development success through Pilot Gold. Pilot will have an ideal new company structure, an experienced Board of Directors and management team, and sufficient financial resources to immediately undertake active exploration programs in both Turkey and Nevada. We welcome Newmont as our largest shareholder in Pilot Gold and we look forward to creating ongoing value for shareholders in the near-term.” Newmont’s land position in Nevada extends over 810,000 ha. From its regional base in Elko, the company currently operates six open pit mines, five underground mines, and nine process facilities (IM, February 2011). In addition, Newmont’s project pipeline in Nevada includes Greater Leeville-Turf, Phoenix Copper Leach, Greater Gold Quarry, and our ‘Sleeping Giants’ (Mike, Fiberline, Greater Phoenix and Copper Basin). In 2010, Nevada operations produced 1.7 Moz attributable gold, which was approximately 32% of its total attributable gold production for the year. Nevada represents growth for Newmont, as evidenced by a 2011 exploration and development budget of approximately $285 million for near-mine activities. Newmont plans to advance exploration activity in early and advanced stage projects such as Greater Leeville-Turf, Mike, Fiberline, Copper Basin and Greater Phoenix.