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Centerra Gold Posts US$220.6 Million In Revenue For Q3 2021

Centerra Gold Inc. (TSX: CG) announced today its financial results for the third quarter of 2021. The mining firm saw
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This article was originally published by The Deep Dive

Centerra Gold Inc. (TSX: CG) announced today its financial results for the third quarter of 2021. The mining firm saw quarterly revenue of US$220.6 million, down from Q3 2020’s revenue of US$251.2 million.

The firm also produced a total of 76,913 gold ounces for the quarter, down from its last year’s production of 101,266 gold ounces. A total of 75,721 gold ounces were sold during the quarter at an average realized gold price of US$1,542 per ounce.

Further down the financials, the firm notched a net income of US$27.6 million, a notable decrease from its last year’s net income of US$205.7 million which included a US$123.3 million net income from discontinued operations. The quarterly net earnings translate to US$0.09 per share.

The firm also ended the quarter with a cash balance of US$911.7 million, putting the balance of the current assets at US$1.2 billion. Meanwhile, current liabilities came in at US$193.9 million.

The Canadian firm is in the middle of an arbitration case against the Kyrgyzstan government regarding the contested Kumtor mine. The mining company relayed that the appointed arbitrator has resigned citing the refusal of the East Asian country to agree on granting the requested protection. The firm is currently requesting the arbitration court to appoint a replacement arbitrator.

Centerra Gold Inc. last traded at $9.71 on the TSX.


Information for this briefing was found via mining.com and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

The post Centerra Gold Posts US$220.6 Million In Revenue For Q3 2021 appeared first on the deep dive.


Author: ER Velasco

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Metalstech drops the Tlamino purchase option

 
Just a few weeks after announcing it had entered into an option agreement with Medgold Resources (MED.V) whereby Metalstech (MTC.AX) could acquire the…

Just a few weeks after announcing it had entered into an option agreement with Medgold Resources (MED.V) whereby Metalstech (MTC.AX) could acquire the Tlamino gold project in Serbia, Metalstech decided to terminate the option agreement as the project was ‘not a fit’.

This means the company remains fully focused on its flagship Sturec gold project in Slovakia where the company is continuing its aggressive drill program which will expand and increase the credibility level of the underground gold mineralization. Metalstech has recently appointed a Chief Permitting Officer and country manager which seems to indicate the company wants to keep the momentum going at Sturec.

Metalstech is also looking into obtaining a listing in London which could help the company’s financing efforts, considering it is working on an European project.


Disclosure: The author has no position in Metalstech. Metalstech is a sponsor of the website. Please read our disclaimer.


Author: CR Team

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Lunnon Metals charts path to success in world-class nickel domain after transformative year

Special Report: While the world is on the lookout for nickel sulphide deposits anywhere they can be found, Lunnon Metals … Read More
The post Lunnon…

While the world is on the lookout for nickel sulphide deposits anywhere they can be found, Lunnon Metals chief Ed Ainscough maintains there’s no place like Kambalda.

The mining town 50km south of Kalgoorlie in WA has produced 1.6Mt of the stainless steel and now lithium ion battery ingredient since 1966, when WMC driller Jack Lunnon punched the discovery hole and gave birth to Australia’s first nickel boom.

Since listing in a $15 million IPO in June, Lunnon (ASX:LM8) has continued Kambalda’s rich legacy of delivering high grade nickel.

Lunnon owns the Foster and Jan nickel mines from which WMC produced more than 90,000t of nickel metal from the 1975 to 1994, operations that missed the early 2000s nickel revival that proved the making of ASX success stories Mincor, IGO and Panoramic.

Lunnon already boasts 39,000t in resources at typical Kambalda nickel grades of 3.2% and drilling since its float is already delivering high grade results.

These have confirmed historical results from kilometres of old WMC drill core logged by Lunnon at the Kambalda coreyard and backed the Lunnon team’s conviction in the quality of the Foster and Jan assets.

“One of the benefits at Kambalda is that generally above a 1% cut off if you’re going to mine, it’s going to be in the high 2s or 3s,” Ainscough said.

“And it is very pleasing to not only reproduce the nickel where WMC was hitting it, but to be hitting it at the same level of mineralisation.

“I just think that speaks to the quality of the camp and that particular contact between the Kambalda Komatiite and the Lunnon Basalt.

“It’s a world famous contact, and nearly all the nickel in Kambalda is on or close to that contact, and it’s proven to be the case so far. You’ve got to persevere and be resilient because the rewards are definitely worth the effort.”

Lunnon Metals
Lunnon has hit high grades on the contact of the Kambalda Komatiite and Lunnon Basalt. Pic: Lunnon Metals

An option to play the Kambalda narrative

Kambalda is on the cusp of a revival.

Mincor Resources will open the first new nickel mine in the district since production at the Long mine ceased in 2018, when its Cassini operation starts production in 2022.

That will see BHP’s Nickel West division restart its Kambalda concentrator, just a few clicks from Foster/Jan, for the first time in four years.

Unfortunately for investors there are not a lot of options to play the Kambalda story, with what was a diverse field of ASX companies a few years ago whittled down to just Mincor and Lunnon after Panoramic sold Lanfranchi into private hands in 2018.

That’s where the opportunity lies, Ainscough says.

“Lanfranchi’s private now, so that’s been a big message I’ve been trying to sell – if you want to invest in Kambalda through the ASX it’s Mincor, and it’s a half-a-billion dollar company plus, or little old us at $50 million,” Ainscough said.

The key for Lunnon will be resource growth, which Ainscough said is a major aim in 2022 after its success with the drill bit in recent months.

“It’s a 10 times gap and the encouragement is that’s a big gap, but it’s a gap we feel we can make a big effort to fill next year,” he said.

“That will be filled by drill results and resource growth, but we’ve just got to get the runs on the board…  but what better place to be trying to do that than Kambalda?”

Lunnon Metals
Lunnon has hit high grades on the contact of the Kambalda Komatiite and Lunnon Basalt. Pic: Lunnon Metals

East Cooee resource drilling under way

One of the company’s priority targets outside its Foster and Jan mines is East Cooee, a prospect to the north-northwest of Jan consisting of known hanging wall nickel mineralisation that was underexplored when the mines were in WMC hands.

Since drilling began in July, assays from East Cooee have delivered a string of strong nickel grades, with Lunnon also recording a hit of 2m at 5.07% Ni in its first assays from the East Trough target in September.

Subsequent encouraging results at East Cooee have included 1m at 3.15% Ni, 2m at 2.44% Ni and a best hit of 9m (8.7m true width) at 1.66% Ni from 113m, including 1m at 7.44% Ni.

Contractors Blue Spec are now drilling the hanging wall prospect on infill drilling spacing of less than 40m x 40m to support the delivery of an initial Mineral Resource estimate.

East Cooee is just over 300m from a mothballed open cut gold pit mined by Lunnon’s major shareholder Gold Fields, providing a potential access point into a future underground development.

“That’s been a little bit of the surprise package because it’s so shallow and it’s so close to that existing gold open pit,” Ainscough said. “I hadn’t really considered  that we would have the ability so early to have a second centre on top of the resources in the Foster Mine.

“We’ve gone back there with the RC rig and we’re drilling that out probably better than 40m by 40m.

“It’s so shallow we can drill it pretty quickly, we can get that done before Christmas and then as and when we get the results back next year we should be able to put that into a maiden resource.”

Ainscough said the location of the gold mine relative to the shallow East Cooee mineralisation meant it wasn’t out of the question that study work could begin before underground drilling starts at Foster.

Lunnon Metals
East Cooee could be a second centre for Lunnon. Picture: Lunnon Metals

Warren, historical core also delivers the goods

The other areas where Lunnon is seeing success include the Warren channel, an underexplored nickel deposit which currently hosts 211,000 tonnes at 3.1% Ni for 6400t of nickel metal.

Located 1km to the northwest of Foster itself, Lunnon believes it has the potential to mirror that mine with assays from RC drilling up and down plunge of the known resource delivering impressive results.

They included a best hit of 4m at 3.44% Ni from 163m in the channel position at Warren.

“It was seen as part of Foster underground mine (by WMC),” Ainscough said.

“Where they could they tried to drill it from Foster so the drill angles are pretty horrible.

“So I think next year for us with Warren is the ability to try and demonstrate that channel is a channel in its own right and has the ability to be as long and as prospective as Foster main.

“That’s all about resource growth.”

The analysis of historical WMC core is also paying off for Lunnon, with re-assayed samples from the unmined N75C area at Foster delivering 15.75m at 2.76% nickel at an estimated 10.7m true width.

This compared well to WMC’s result for the same hole (CD 54) of 16.52m (11.2m true width) at 3.05% Ni from 268.22m.

In 2022 a deep drilling program is also planned beneath the historical Jan mine and a government-supported hole at the new Kenilworth target is due to be drilled.

“I think we’ve set the groundwork in the last six months of the year to really have a big year in 2022, hopefully leading into a buoyant nickel market,” Ainscough said.

Lunnon Metals
Owned by gold miner Gold Fields at the time, the Foster and Jan mines were among the only former WMC mines to miss the last nickel boom. Pic: Lunnon Metals

Nickel market on the up

Led by former Donegal Resources boss and now Lunnon non-executive director Ian Junk, Lunnon initially moved into the Foster and Jan projects in a joint venture with Gold Fields back in 2014.

Back then nickel was looking on the up, hovering around the US$20,000/t mark before slipping into a long bear market.

But with excitement around the use of nickel in batteries and electric vehicles and shifting supply-demand dynamics, it recently peaked above US$21,000/t, hitting a seven-year high.

Ainscough said being in Kambalda, Lunnon is seeking to outline high grade resources that are not dependent on booming nickel prices, but believes the broader market is looking positive.

“I think there is a natural rhythm to the nickel price and we’re entering into that next cycle, but the whole electric vehicle story, the energy transition, that’s all just a fantastic macro backdrop to the nickel price,” Ainscough said.

“I try not to pontificate too much about the nickel price.

“My firm belief is that wherever it gets to, being in Kambalda and mining at the grades that Kambalda delivers – I won’t say it doesn’t matter what the nickel price is but I’d certainly rather be mining in Kambalda regardless of the nickel price.

“I think there’s a momentum now to the whole electrification of everything that we’ll just see a new floor develop in the nickel price. Where that is, I don’t know.”

Q&A Time

Lunnon’s 2021 highlights

  • Acquiring 100% of the Kambalda Nickel Project.
  • Fully underwritten, oversubscribed, successful $15M IPO.
  • Drill rigs turning within a month from a standing start.
  • HIT NICKEL – confirming WMC historical data.
  • East Cooee shaping as second centre of mineral resource growth.

“Our goal is to replicate the success of those ASX companies that bought assets from WMC before the last nickel boom. Each one of the above milestones is a key step to demonstrating we are on that trajectory and can offer investors a similar growth story leading into the next nickel cycle.”

Where is the nickel market heading?

“LM8 sees the macro setting for nickel as extremely positive; there are generational shifts under way at country, government, city and corporate levels regarding the push to achieve net zero goals that all tie in with the energy transition away from fossil fuels.

“These are all strongly in favour of nickel being an important, sought after and in demand metal.

“Covid-19 has also highlighted the issue of supply chain sovereignty and having nickel assets in one of the world’s best nickel camps in a Tier 1 country offers the sort of sustainable supply chain that governments and downstream businesses will value highly in the future.”

What is the upside for Lunnon and why will it be a good investment in 2022?

“We tell investors if you want to be exposed to nickel in Kambalda (and why wouldn’t you want to be exposed to one of the world’s most famous nickel camps against the backdrop described above?), you really only have two choices on the ASX.

“Mincor, who have done an amazing job of restarting their operations in Kambalda and Widgie with Nickel West planning to open up the Kambalda Concentrator, and Lunnon Metals.

“We are just starting out on the same growth journey as Mincor. Kambalda has three key advantages: The grade is high (often >3%), Nickel West’s concentrator offers a ‘capital light’” restart solution and the nickel assets themselves are renowned for delivering extensional growth year after year.

“We are expecting a big year in 2022 for all of these reasons.”

 


 

 

This article was developed in collaboration with Lunnon Metals, a Stockhead advertiser at the time of publishing.

 

This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.

 

 

The post Lunnon Metals charts path to success in world-class nickel domain after transformative year appeared first on Stockhead.




Author: Special Report

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Victim Hopes For Justice In Ghislaine Maxwell Trial

Victim Hopes For Justice In Ghislaine Maxwell Trial

Authored by Charlotte Cuthbertson via The Epoch Times,

Jeffrey Epstein molested her and…

Victim Hopes For Justice In Ghislaine Maxwell Trial

Authored by Charlotte Cuthbertson via The Epoch Times,

Jeffrey Epstein molested her and she didn’t tell a soul for 17 years.

Teresa Helm was 22, and she had already patched her life back together after being sexually abused by a close family member, starting at age 8.

“I really suffered in silence,” Helm told The Epoch Times’ “Insight” magazine.

As a child, she had told her mother about the abuse in the hope that she’d make it stop. Instead, her mother told her not to tell anyone, and it continued for 3 1/2 years.

“I just didn’t get help, even though I kept asking for it. And so after what happened with Jeffrey, I suffered in silence, just like I had always kind of done,” she said.

In 2002, Helm had moved to California from Ohio and was attending a massage therapy school, positive of a bright future. It became even more exciting when a fellow student, a year ahead of her, approached her about an opportunity for a traveling massage therapist job. Helm was interested and was connected with another young woman, whom she subsequently met at Santa Monica to discuss the potential job.

“We looked similar, we were at a similar age, so I connected with her,” Helm said. “I never felt like anything she was saying to me wasn’t legitimate, or I never felt fearful.”

Teresa Helm at age 21. (Courtesy of Teresa Helm)

Helm said the woman painted a phenomenal picture of what life would be like as “Miss Maxwell’s” personal traveling massage therapist—private jets, top chefs, access to the best education all over the world.

“So I’d say that she did her job very well. Because in an hour or so of walking around the boardwalk, I was like, ‘Wow. This is really great. I’m so lucky, this is meant to be.’”

Wanting to grasp the incredible opportunity, Helm told the woman she was interested, and was informed that she’d need to fly to New York City and meet Maxwell for the final interview.

Two weeks later, Helm’s travel to New York City had been arranged—flights, driver, an Upper East Side apartment to stay in, a gift basket waiting.

“I go meet with Miss Maxwell. I was expecting to give a massage because that’s what the interview was pertaining to. And everything with Ghislaine Maxwell was legitimate and pleasant, and she was very polite. Her home was stunning,” Helm said.

“I was super impressed with her because she’s this very well-spoken woman, and she’s clearly successful because of her beautiful home, and she has photos on the wall of ex-president Bill Clinton. And I’m thinking: ‘Wow, she’s really something special, she’s worked hard. She’s accomplished a lot in her life.’”

Helm spent a couple of hours in the home before Maxwell told her she was next going to meet up with Maxwell’s partner, Jeffrey.

It was the first time Helm had heard of a partner, but nothing had indicated she should feel alarmed or that she was in any kind of danger. Any red flags, she realized in hindsight, had been easily normalized and explained away.

Even when Maxwell told her to “give Jeffrey whatever he wants” during his massage because he “always gets what he wants,” Helm thought Maxwell clearly must mean, “Do a good job, because he’s had a lot of professional massages.”

“Because of my trust with [Maxwell]—she was able to create that trusting bond within me in a matter of hours—I literally walked myself to the man of the house who was going to assault me,” Helm said.

“I took myself there, because those three women did their job perfectly well and I didn’t suspect a darn thing. When I look back at the fact that three women set me up to be assaulted, it’s just disgusting. It’s a different level of betrayal.”

Helm said Epstein sexually assaulted her in his office during the interview and threatened her as she ran out of the house, her world shaking and head spinning.

Shocked to the core and full of shame, Helm returned to California the following day.

(Photo and illustration by The Epoch Times)

“The shame was overwhelming, it was paralyzing,” she recalled. “I was just so ashamed to say anything.”

Her life spiraled down, and three months later she broke her lease, dropped out of school, and returned to Ohio.

For the next five years, Helm fell into a destructive pattern. But just weeks before her 28th birthday, she found out she was pregnant, and life shifted again—this time toward the positive.

“That’s what really saved my life and turned my life around,” she said. “It was the first time I really valued myself. It was like that sense of purpose. And knowing that I was going to protect my child the way that I was never protected.

“Then after having him, I was so honored to be his mom. And then it really actually dug up, it was like, almost hatred toward my mom and Jeffrey. That first year of my son’s life was a lot of emotional processing for me. And I just wanted to kind of remove myself from the world and just be a mom. And that’s what I did.”

Helm’s son has just turned 14, and she also has a daughter who is 7. She is the full-time caregiver for both.

‘The World Shifted’

Helm, who had moved to Florida, was folding laundry one Thursday evening in July 2019 when she went online and saw a headline about Epstein after he’d been arrested for sex trafficking. She clicked the link to open the article and came face-to-face with her abuser. In that instant, she realized “Jeffrey” was Epstein.

Stunned, she sat down and googled Ghislaine Maxwell and Jeffrey Epstein.

“It was life changing, just in that moment. It was like retraumatization, No. 1. No. 2, it was like the world shifted and changed all over again. It’s been different ever since that moment, like the world changed yet again, in that moment and it has not gone back. Nor will it,” Helm said.

“Because I didn’t know there were others. I didn’t know that this was this huge thing with these people.”

The following day, after a regular yoga class, Helm sat in her car and sobbed as the emotions swirled. She decided it was time to break her silence.

The opportunity to speak out presented itself quickly.

Epstein was found dead in his cell at the Metropolitan Correctional Center on Aug. 10, 2019, one month after his arrest. A medical examiner ruled it a suicide by hanging nine days later.

The New York judge, Richard Berman, would be forced to dismiss the charges against Epstein—which included the sex trafficking of dozens of minors from as early as 1995—but not before he allowed survivors to speak.

Twenty-three women spoke in the courthouse on Aug. 27 about being sexually abused by Epstein, either in person or through a lawyer.

“I’m coming forward because it is time to bring light to that darkness, and it’s time to replace that darkness with light,” Helm said that day. She had only decided that morning to speak out and use her name publicly.

Another survivor, “Jane Doe 9,” said she was 15 when she met Epstein, in 2004.

“I flew on Jeffrey Epstein’s plane to Zorro Ranch, where I was sexually molested by him for many hours.” she said through a lawyer. “What I remember most vividly was him explaining to me how beneficial the experience was for me and how much he was helping me to grow. Yikes.”

Epstein’s Zorro Ranch is in New Mexico. He also owned multimillion dollar properties in New York, Florida, and France, and his own islands in the Caribbean, Little St. James Island and Great St. James Island. Epstein has been linked with a veritable who’s who of the fashion and political worlds.

Attorney Gloria Allred (R) and her client Teala Davies, who claims to have been a victim of sexual abuse by Jeffrey Epstein when she was a minor, at a press conference to announce a lawsuit against Epstein’s estate, in New York on Nov. 21, 2019. (TIMOTHY A. CLARY/AFP via Getty Images)

Chauntae Davies also spoke in the courtroom.

She said she was recruited by Maxwell while doing a massage apprenticeship.

“Upon my first meeting her, I wouldn’t know I had been recruited until many years later, when I would read it in a headline,” Davies said.

She said Maxwell and Epstein took her in, sent her to school, and gave her a job.

“They flew me around the world, introduced me to a world I had only dreamt of and made me feel as though I had become a part of their family—another thing I was desperately searching for,” Davies said.

“But on my third or fourth time meeting them, they brought me to Jeffrey’s island for the first time.”

Davies said a knock on her door late at night indicated that Epstein was ready for another massage, so she hesitantly went to his villa.

As Epstein began his assault on her, Davies said she told him, “No, please stop.”

“But that just seemed to excite him more. He continued to rape me, and when he was finished, he hopped off and went to the shower.”

Davies said she ran out of the villa, cried herself to sleep, and then spent two weeks in a Los Angeles hospital throwing up from a neurological disorder that manifests into violent vomiting attacks, largely triggered by stress.

“Jeffrey’s abuse would continue for the next three years, and I allowed it to continue because I had been taken advantage of my entire life and had been conditioned to just accept it.”

A protestor holds up a sign of Jeffrey Epstein in front of the federal courthouse in New York City on July 8, 2019. (Stephanie Keith/Getty Images)

Maxwell on Trial

Helm had finally broken her silence, and it was a watershed moment.

She didn’t get to see Epstein face his charges, but she’s eager to be in court to see Maxwell face hers.

FBI agents arrested Maxwell at her New Hampshire estate on July 2, 2020. She has been in a Brooklyn jail since. Bail has been denied several times, with Judge Alison Nathan ruling that she is a flight risk. The trial was originally set for July, but was delayed until Nov. 29 and is expected to last six weeks. Jury selection began on Nov. 16.

Maxwell is charged with sex trafficking children, perjury, and the enticement of minors while she was a close associate of Epstein, according to a superseding indictment filed in the Southern District of New York on March 29.

“In particular, from at least in or about 1994, up to and including at least in or about 2004, Maxwell assisted, facilitated, and contributed to Jeffrey Epstein’s abuse of minor girls by, among other things, helping Epstein to recruit, groom, and ultimately abuse victims known to Maxwell and Epstein to be under the age of 18,” the indictment alleges.

“Moreover, in an effort to conceal her crimes, Maxwell repeatedly lied when questioned about her conduct, including in relation to some of the minor victims described herein, when providing testimony under oath in 2016.”

Virginia Giuffre (formerly Virginia Roberts), one of Epstein’s most well-known accusers, claimed in a 2016 deposition that she was directed by Maxwell to have sex with a number of rich and powerful men, including “foreign presidents,” a “well-known” prime minister, and “other world leaders.”

None of the men Giuffre named in the documents have been charged, and all have denied the claims.

A court officer stands outside a Manhattan courthouse where media have gathered for the arraignment hearing of Ghislaine Maxwell in New York City on July 14, 2020. (Spencer Platt/Getty Images)

Maxwell, often described as a British socialite, maintains her innocence on all charges and in a 2016 deposition claimed she had no idea Epstein abused young girls.

During the deposition, Maxwell was asked: “Did Jeffrey Epstein have a scheme to recruit underage girls for sexual massages? If you know.”

She replied: “I don’t know what you’re talking about,” according to the transcript. “I never saw any inappropriate underage activities with Jeffrey ever.”

Maxwell acknowledged that former President Bill Clinton traveled on Epstein’s plane, but denied introducing Britain’s Prince Andrew to underage sex partners.

“I’m ready for this trial to start,” Helm said.

“I really aim to be there and look at her right in her face, and equally as important is for her to see me.”

Helm isn’t named in the indictment and won’t be testifying, but that doesn’t matter.

“I’m hopeful that there will be justice in this, that she will finally be held accountable and finally be sentenced for crimes that she has committed and for the lives that she has just willingly stepped in and ruined. This is a woman that changed the entire trajectory of my life and not for the better.”

Helm said she hopes Maxwell is found guilty on all charges and receives the maximum penalties.

“I don’t think for a moment that she deserves to be on the outside of a jail cell,” she said.

“I and other girls, we’re on the outside of these bars, and yet we haven’t fully regained our freedom back. So I hope she gets the maximum sentence. She doesn’t deserve any less than that.”

Helm said she often gets asked if she thinks Epstein’s death means Maxwell is now a scapegoat and is being punished for his crimes.

“No, I do not. She knew what she was doing. She didn’t think twice about doing it. She did it countless times. She did it … very masterfully, very successfully,” she said.

“You don’t help facilitate and run and orchestrate one of the largest sex trafficking rings on this globe, on this earth, without knowing what you’re doing and intentionally doing it.”

An exterior view of the Metropolitan Detention Center in New York City on July 14, 2020. (Arturo Holmes/Getty Images)

The indictment alleges that Maxwell befriended some of Epstein’s minor victims prior to their abuse, including by asking the victims about their lives, their schools, and their families. Other times, Maxwell and Epstein would take the victim shopping or to the movies, or pay travel or education expenses.

“Having developed a rapport with a victim, Maxwell would try to normalize sexual abuse for a minor victim by, among other things, discussing sexual topics, undressing in front of the victim, being present when a minor victim was undressed, and/or being present for sex acts involving the minor victim and Epstein,” the court document states.

The indictment goes on to say that in order to “maintain and increase his supply of victims,” Epstein, Maxwell, and other Epstein employees also paid certain victims to recruit additional girls to be similarly abused by Epstein.

Helm said she has tried to understand what would cause a woman such as Ghislaine to intentionally set girls up to be forever traumatized. She said she has read how Ghislaine lost her father, whom she was very close to, and met Epstein not long afterwards.

Helm said she lost her own father unexpectedly almost seven years ago.

“I still to this very day miss him incredibly, and I am not out there hurting people,” she said. “There’s no grievance, or there’s no tragedy that justifies you turning around becoming literally a monster.”

Maxwell’s lawyers didn’t respond to a request for comment by Insight.

Epstein avoided criminal charges for years, raising questions about being protected by the rich and powerful. In September 2007, he entered into a nonprosecution agreement that gave him immunity against prosecution for numerous federal sex crimes in the Southern District of Florida.

As part of the deal, in 2008, Epstein ultimately pled guilty to state charges of procuring a minor for prostitution and was registered as a sex offender. He spent 13 months in jail but was granted work release for 12 hours a day, six days a week.

The Grooming Process

Grooming and recruitment are critical steps in the sex trafficking industry.

“If you don’t have a successful grooming process, you don’t have the abuse, because it just doesn’t make it that far,” Helm said.

Jennifer Hill, assistant executive director of the Children’s Assessment Center in Houston, said her organization sees 5,000 children a year who’ve been sexually abused, both by family members or through trafficking.

And that’s just the children who have spoken up. “I think most people never, ever tell. And that’s what’s tragic,” she said.

Hill said it’s hard to discern how many children don’t report abuse, but statistics show that 1 in 4 girls and 1 in 6 boys will be sexually abused before they’re 18.

Common events—the divorce of parents, a breakup, bullying, or the death of a family member—can all make a child vulnerable. Many trafficked children come from the foster care system. But sexual abuse is the most common source of vulnerability for sex-trafficked children—70 to 90 percent of these children have a history of sexual abuse, according to anti-trafficking organization Path2Freedom.

Hill said the grooming and recruitment process takes different forms, but involves getting access to the intended victim and gaining their trust so that eventually they’ll be willing to listen to that person, and that person has some control over their behavior.

For children, it can include buying gifts, listening to their problems, or helping them in some way. These days, a lot of grooming occurs online through messaging apps or social media and gaming platforms. Post-abuse, children can be threatened to stay silent.

Hill said she hopes the Maxwell trial will spur other victims of trafficking and sexual abuse to come forward. As a former prosecutor of child sex abuse cases, she said a lot of abusers are teachers or trusted adults in the community, which can be intimidating for victims.

Her organization conducts awareness trainings for law enforcement, medical professionals, mental health professionals, teachers, and the community on recognizing and reporting trafficking.

Helm said so many lessons can be taken from the Maxwell case, “like the fact that it can be a woman.”

“That woman groomed me precisely well, beautifully. And that grooming process is so crucial for parents to identify that this is what’s happening to their children. Or for a child to think I think this might be happening to me. Because that grooming process is such a transfer of power [and] a gatekeeper to the abuse.”

During 2019, the National Human Trafficking hotline received reports of 11,500 human trafficking cases, representing more than 22,000 victims. California, Texas, and Florida are identified as the worst three states for human trafficking. In Texas alone, more than 79,000 children are being trafficked for sex, according to a study by the University of Texas at Austin.

“There’s not one single zip code in this nation, not one that is exempt from trafficking,” Helm said.

“It happens in the wealthiest of the wealthiest, to the most impoverished, and everything in between. It has exploded online.”

A residence belonging to Jeffrey Epstein on East 71st St. on the Upper East Side of Manhattan in New York City on July 8, 2019. (Kevin Hagen/Getty Images)

The Threat Online

Fifty-five percent of domestic sex-trafficking survivors who entered the life in 2015 or later met their trafficker for the first time using a mobile app, website, or text, said Tammy Toney-Butler, an anti-human trafficking consultant for Path2Freedom.

Predators ramped up their sexual enticement of minors and the posting of child sexual abuse material as schools closed and kids worked online from home in response to the COVID-19 pandemic, according to National Center for Missing and Exploited Children (NCMEC).

The number of reports of online child sexual abuse materials reported to the NCMEC during the first six months of 2020 surged 90 percent to more than 12 million, the center reported. Reports of predators enticing minors went up 93 percent to more than 13,200.

Facebook was used for most (59 percent) of the online recruitment in active sex trafficking cases in 2020, according to the Human Trafficking Institute’s annual trafficking report.

That makes Facebook “by far the most frequently referenced website or app in public sources connected with these prosecutions, which was also true in 2019,” the report found.

In June, the Texas Supreme Court ruled that Facebook could be held liable if sex traffickers use the platform to prey on children, arguing the social media website isn’t a “lawless no-man’s-land.”

The ruling was made following three Houston-area lawsuits involving teenage trafficking victims who alleged that they met their abusers through Facebook’s messaging service. Prosecutors also said that Facebook was negligent by not doing more to block sex traffickers from using the site.

The court said the victims can move forward with their lawsuits against Facebook. They claimed that the company violated the Texas Civil Practice and Remedies Code, which was approved in 2009.

Toney-Butler said the income traffickers can make from one victim can be close to $400,000 a year, and survivors have reported being forced to have sex more than 20 times a day while being six to seven months pregnant. And once a woman is over 18, she’s often seen by society as “a drug-addicted prostitute” rather than a victim of sex trafficking, she said.

A child, after being pulled into sex trafficking, “only lives for seven years before they succumb to the environment,” Toney-Butler said. Suicide, drug overdose, and violence are often the killers.

Teresa Helm (R) with three other sex-trafficking survivors, (L–R) Cathy Hoffman, Sabrina Lopez, and Nissi Hamilton, in Houston on April 24. (Kathleen O. Ryan)

The Future

Now 41, Helm is hopeful. Aside from looking after her children, she’s a fierce advocate and mentor to other survivors and a consultant to organizations and politicians to ensure laws and programs are victim-centered.

“Helping others is the ultimate payback. That I didn’t completely break forever. I’ve been broken and I have repaired myself stronger,” she said.

She referred to the old Japanese art form called kintsukuroi, or “to repair with gold,” which is the practice of repairing broken ceramics with gold, making them stronger and more beautiful than before.

“And I definitely kind of view myself as that, in the fact that I can turn around and leverage this pain into purpose and help others—that’s the ultimate thing for me, to be able to be strong enough to go out and help others, help them change their lives, help them recover their lives and recover their power.”

For Help

The National Human Trafficking Hotline is confidential, toll-free, and available 24/7 in more than 200 languages.
Call: 1-888-373-7888
Text: “Help” or “Info” to 233733
Chat: humantraffickinghotline.org

Tyler Durden
Mon, 11/29/2021 – 23:00

Author: Tyler Durden

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