News story: First female chief appointed to Royal Mint in its one thousand year history


first_img I have had the privilege to work for The Royal Mint for almost 10 years and it is testament to the great colleagues and opportunities I have had, that I have been able to develop the skills that enable me to take on this role. The Royal Mint today appointed Anne Jessopp as its new chief executive and Deputy Master of the Mint. She will lead work to provide Britain with its cutting-edge secure currency and will also develop the commemorative coin and bullion arm of the business.On a visit to the Royal Mint, the Exchequer Secretary officially confirmed Anne Jessopp’s appointment – the first female to take up the role in the Royal Mint’s 1,100 year history.Speaking of her new appointment, the Deputy Master of the Mint, Anne Jessopp said: One of the most famous Masters of the Mint, before it was made a political position was Sir Isaac Newton, who had previously held the position between 1700-27. It may have taken over 1,000 years but the Mint is now finally led by a woman, and I am certain Anne will do a great job. Anne Jessopp brings a wealth of expertise to this role. With her decade of experience at the Royal Mint, I am confident she will ensure the UK continues to have the most secure currency in the world, and our coins are loved and collected the world over.center_img The Exchequer to the Secretary to the Treasury, Robert Jenrick welcomed the appointment and said: What does the Deputy Master of the Mint do?As chief executive of the Royal Mint, Anne will be tasked with running the Great British institution which produces up to 90 million coins every week. At the top of her in-tray will be overseeing the introduction of the new 50 pence coin, announced last week, to mark the centenary celebrations of women’s suffrage.Her official position as Deputy Master of the Mint is one that is steeped in history. Her first ceremonial role will be to lead the annual Trial of the Pyx.First held in 1282, the Trial of the Pyx tests the integrity of the nation’s coins, ensuring that they are the proper weight and size, and contain the right amount of precious metals. Every February, coins of each denomination struck by the Royal Mint are selected at random and locked away in the Pyx chests.In a ceremony, which has not changed since before Henry VIII’s reign, the Deputy Master of the Mint brings these chests to London’s Goldsmiths’ Hall, where the coins are checked by an independent jury. The Jury consists of leaders from the financial world and six assayers from the Worshipful Company of Goldsmiths who, wearing traditional red robes, put the coins to the test.After two months of rigorous testing, the trial reconvenes and the Queen’s Remembrancer asks the Jury for its verdict. In May, this verdict will be given in the presence of the Deputy Master of The Royal Mint and the Chancellor of the Exchequer (or a representative).Remarkably, the history books reveal that if the coins fail the test, the Chancellor of the Exchequer, who is the ceremonial Master of the Mint, risks losing a hand as punishment.It should be made clear that in the trial’s long history, 94 Minters have had their right hands cut off by order of the King. However, this has not happened for hundreds of years.Notes to editors: I am delighted to be appointed to lead this unique and important British organisation. The Royal Mint has an impressive history of over 1,100 years and its longevity is due to its ability to adapt as society changes. This was never truer than today, as we reinterpret The Royal Mint for the 21st century, building on the values that have been at the heart of the organisation throughout our history – authenticity, security, precious metals, craftsmanship and design.last_img read more

New deal gets Topland halfway to £1bn target


first_imgTo access this article REGISTER NOWWould you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week. Would you like to read more?Register for free to finish this article.Sign up now for the following benefits:Four FREE articles of your choice per monthBreaking news, comment and analysis from industry experts as it happensChoose from our portfolio of email newsletterslast_img

Equinor to take over operatorship of Soliton’s UK North Sea license


first_imgSoliton Resources, a privately held oil and gas exploration company, has farmed out its UK Central North Sea Licence P2390 (Blocks 23/26e and 30/1d) to Equinor UK.Hedda Felin, Equinor’s senior vice president for UK and Ireland offshore. (Photo: Equinor/Øivind Haug)Licence P2390 contains the Isolde prospect, a shallow, low risk and potentially sizeable exploration target that has historically been overlooked, partially as a result of seismic imaging limitations on legacy 3D data, Soliton said in a statement on Friday.Solition also said that Equinor will acquire an 85% working interest in Licence P2390 and assume operatorship to undertake an initial work program to improve the quality of existing 3D seismic data.Subsequently, Equinor can elect to drill an exploration well on the Isolde prospect. Equinor will refund license costs incurred to date by Soliton, pay a consideration to reflect inter alia the option to elect to drill and will carry all future costs associated with Soliton’s retained 15% interest, including exploration drilling if elected.In the event of exploration success, the carry will continue through all further activities, including appraisal drilling, until Equinor confirms the presence of a feasible investment project, ready to progress into detailed development evaluation and planning.Regulatory approvals for the transaction have already been received.Soliton Resources’ founder and Managing Director, Graham Goffey, commented: “I am delighted to announce that Equinor are joining Soliton to progress the exploration of the Isolde prospect. The high level of industry interest in what proved to be a particularly competitive farm-out process is a clear indication of the merits of the Isolde prospect and I am very pleased that Soliton is to be joined by an operator of Equinor’s scale, capability and ambition.“Soliton’s application for the Isolde prospect in the UK’s 30th licensing round was facilitated by the Oil and Gas Authority’s flexible ‘Innovate’ license structure and its data access initiatives, which have lowered the barriers to entry for newly established companies such as Soliton.”Spotted a typo? Have something more to add to the story? Maybe a nice photo? Contact our editorial team via email. Also, if you’re interested in showcasing your company, product or technology on Offshore Energy Today, please contact us via our advertising form where you can also see our media kit.last_img read more

Mechanized Farming Key to Improving Agriculture


first_imgSeveral dignitaries who attended the closing ceremony of 20 artisans that were trained by AfricaRice and partners have been urged to take back to their communities what they learned to build the skills of other local artisans.Speaking recently in Gbarnga, Bong County, the Country Representative of AfricaRice, Dr. Inoussa Akintayo, said the absence of mechanization has affected the productivity of agriculture in general and rice in particular in Africa.He said to alleviate the constraint AfricaRice in its new strategy has put mechanization as a top priority. Mechanization can be done by importing equipment from overseas but this is not a sustainable approach, he said, “Therefore AfricaRice has developed capacity to promote in its member countries the knowhow to fabricate local agricultural machinery. The strategy, he said has been successfully implemented in some of AfricaRice member countries, notably Nigeria, Senegal, Mali, La Cote d’Ivoire and Chad. He disclosed that AfricaRice has a project known as SAPEC that is funded by the African Development Bank (ADB) and implemented in collaboration with the Central Agricultural Research Institute (CARI) to offer the opportunity for AfricaRice to extend its new strategy. “In a few weeks to come, training on fabrication of other equipment such as planters, cleaners, and rice mills will be conducted. Through our approach, we intend to create market opportunities for local artisans, to reduce government import bill,” he stated.Dr. Akintayo used the occasion to appreciate those who contributed to the success of the program and expressed gratitude to President Ellen Johnson Sirleaf who visited the training site on two occasions. The Minister of Agriculture Dr. Moses Zinnah said that partners, especially AfricaRice, are working in line with the Government of Liberia’s Agriculture Transformation Agenda, which is to promote private entrepreneurs. He mentioned the importance of artisans in the development of the agriculture sector by processing and adding value to food production.He described mechanization as the missing link in the sector that needs to be addressed to reduce labor for farmers.He urged the artisans to improve on their work and make the country proud.“Don’t sit, do something that will encourage the government to help you. Now that you have been trained, it’s time to build the skills of others,” he said.Food & Agriculture Organization (FAO) Country Representative Marc Abdala said his organization is involved in making agriculture effective business to fight against hunger and malnutrition.He urged the artisans to make agriculture an effective business by producing the right equipment to improve the quality of rice production. “It’s very strange to hear that the country is importing half of its food and therefore there’s a need for all partners to work together to ensure the betterment of agriculture in Liberia. Meanwhile, the artisans expressed thanks to the Government of Liberia and partners for building up their capacities through the support but requested continuous assistance to alleviate hunger in the country.Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)last_img read more

Jose Mourinho hails Sam Allardyce as perfect man for England and offers support


first_imgManchester United manager Jose Mourinho has backed the Football Association’s decision to hand Sam Allardyce the England job.Allardyce is set to leave Sunderland to succeed Roy Hodgson after a three-man FA panel containing chief executive Martin Glenn, technical director Dan Ashworth and vice-chairman David Gill concluded its interview process.Mourinho has locked horns with Allardyce in the past and accused him of “19th-century football tactics” two-and-a-half years ago after Chelsea were held to a goalless draw by West Ham.But the Portuguese insists he has a good relationship with the 61-year-old now and believes he is the right man to lead the Three Lions after their woeful Euro 2016 campaign.“I think he’s the right person for that, yes,” said Mourinho, when asked what he made of Allardyce’s appointment. “I think he is a good choice but I think he needs support and I think you can do better in respect to that because my experience in your country shows that me you, (the) football world, could do a bit better.“I think Sam never had the big chance at the highest level – lots of experiences in the Premier League but never that big one.“And now he has the big one, so I think he is more than ready. I think he is a good motivator, I think he can create a good team spirit with his player and I wish him the best.“From my side, not just as a friend but my side as Man United manager, the only thing I can promise is that I am going to try to support him the best way, prepare the players for him, try to have the English players always available in a good condition to help him.“I hope you can do the same because it’s your time. In Portugal we were waiting and waiting and finally we got it. I think it is time for you because ’66 (when England won their one and only major international trophy) was a long time ago, so good luck Big Sam.” 1 Jose Mourinho and Sam Allardyce last_img read more

Govt mulling PPP model for urban water supply sector


first_imgNew Delhi, Mar 10 (PTI) The government is considering a public-private-partnership (PPP) model for urban water supply to enhance coverage and efficiency of service delivery, Rajya Sabha was informed today.”Public-Private Partnership (PPP) is being explored as one of the options to bridge the demand-supply gap in urban water supply sector with a view to improving coverage and efficiency of sevice delivery,” Minister of State for Urban Development Bahul Supriyo said in a written reply.To a query on response to similar exercise undertaken globally, he said, “PPP experience in urban water supply the world over has been mixed.”In case of Manila (Philippines), he said the PPP in water supply has “improved coverage and reduced non-revenue water, suggesting that PPPs can produce benign outcomes if structured well.”Responding to a separate question on fine for littering in public places, Supriyo said, “The government proposes to amend the Environment Protection Act 1986 to provide for civil monetary penalty for violation of Municipal Solid Waste Rules, 2000.” PTI MP KND SK KNDlast_img read more