"This is a significant step forward in our plans, " Gerry Griffin, Golden Spike's board chairman, said in a statement.

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The merger between Glencore and Xstrata was finalised on 2 May after much delay, mainly due to opposition by Qatar Holdings, Xstrata's second largest shareholder, against the multi-million pound "golden handcuffs" plan to retain Xstrata's board members.

BBC: Xstrata logo

His father, who had a construction business and also went by the name Bill, started the firm in 1966 with friend James Golden (Jabil blends their first names) fixing circuit-board assemblies for Control Data Systems mainframes.

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Sweeney's penalty got the Dragons on the board, but only after De Marigny had missed two golden opportunities to reach the lead from kickable penalties.

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Having nothing better in mind, he hops on board, and the ship sails off, beneath the Golden Gate Bridge, with the Stars and Stripes, at its stern, barely visible under a dying sky.

NEWYORKER: Sail Away

It would ban golden handshakes and golden parachutes and would require greater transparency on loans and pensions for executive board members.

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And, as a final straw, your golden-boy position has been usurped by an even more glamorous and meaningless seat at the board table: the chief technology officer.

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