Sunday, August 31, 2008

Tampa facility recognized for proving excellence in environmental sustainability

SERVIDYNE, INC. , a building performance efficiency and real estate company, is pleased to announce that its consulting relationship with a customer in Tampa, Fla. has resulted in a Leadership in Energy and Environmental Design – Existing Buildings (LEED©-EB) Green Building Rating System Gold Certification. This is the first building in Florida to receive this prestigious distinction.

Servidyne was hired in 2006 to manage the certification process to ensure that the upgrades to the existing infrastructure would meet the stringent LEED-EB Gold Certification standards. In this role, Servidyne developed sustainability policies for the facility, including standards for green site and exterior building management, erosion and sedimentation control, indoor air quality management, storm water management, and sustainable purchasing practices. read more

Source: Servidyne

Cityscape USA to Feature Emerging Market Exhibitors from Top Real Estate Companies Worldwide

Cityscape USA will feature over 100 exhibitions from top real estate leaders, including Nakheel PJSC (UAE), the Tourism Development & Investment Company (TDIC), Larsen & Toubro (India) and the Panamanian Ministry of Economics and Finance (Panama). The exhibition takes place September 10-11 at the Jacob Javits Convention Center in New York City and will showcase unparalleled investment opportunities in emerging and US markets. read more

Source: Cityscape USA

Zurich Offers Information About Minimizing Hurricane Damage to Business Properties and Operations

Zurich, a leading global property and casualty insurance provider, today offered information to business owners and managers on specific steps they can take to minimize damage to their property and operations as Hurricane Gustav approaches the Gulf Coast. read more

Source: Zurich Financial Services Group

BioFuel Announces Amendment to Credit Agreement

BIOFUEL ENERGY CORP. announced today that its operating subsidiaries, which own and operate the Wood River and Fairmont ethanol plants, had amended their credit agreement. The amendment permits the subsidiaries' full access to their $20 million working capital facility and permits daily access to their revenue account, in each case solely for the purchase of corn, natural gas, chemicals, enzymes, denaturant and electricity. Previously, the subsidiaries had access to only $5 million of their working capital line and the ability to disburse their revenues only at the end of each month. As a result, the operating subsidiaries now appear to have sufficient liquidity to complete the commissioning of the ethanol plants. The Company's plants began commercial operations in June. They are expected to complete initial performance testing within the next two to three weeks. read more

Source: BioFuel Energy Corp.

Saturday, August 30, 2008

Royal Gold to Present at the Merrill Lynch Canada 14th Annual Mining Conference

ROYAL GOLD, INC. , the leading precious metals royalty company, announced today that management will present at the Merrill Lynch Canada 14th Annual Mining Conference in Toronto, Canada. The Merrill Lynch Conference is an invitation-only conference for institutional investors, mining analysts and the executive management of North American mining companies.

Tony Jensen, President and Chief Executive Officer, will address conference participants on September 4, 2008, at 10:00 a.m. Eastern Time (8:00 a.m. Mountain Time) in a presentation lasting approximately 25 minutes. The presentation will be available for viewing by accessing the Company's website under the Investor Relations/Presentations section. read more

Source: Royal Gold, Inc.

Excel Gold Mining Inc.: Details pertaining to the filing of the annual financial statements

Excel Gold Mining Inc. will defer the filing of its annual financial statements, its annual management's discussion and analysis and the certification of the chief executive officer and chief financial officer required under Regulation 52-109 respecting certification of disclosure in issuers' annual and interim filings (the "Financial Documents") for the fiscal year ended April 30, 2008. Pursuant to Regulation 51-102 respecting continuous disclosure obligations, the filing of the Financial Documents should have been made today at the latest. read more

Lundin Mining Corporation: Tenke Contract Review Reports

Lundin Mining Corporation today advised that it is aware of newswire reports of comments attributed to various Democratic Republic of Congo officials regarding the Tenke Project. The Company has received no official notification of any change in government attitude and is investigating.

On February 19, 2008, the Company received a letter from the Ministry of Mines, Government of the Democratic Republic of Congo pertaining to the review of mining contracts in the country. read more

Source: Lundin Mining Corporation

International Millennium Mining Corp.: 2nd Quarter 2008 Report

International Millennium Mining Corp. announces the release of its 2nd Quarter financial statements and MD&A (the "Quarterly Report") for the six months ended June 30, 2008 (BC Form 51-102F1). Pursuant to the requirements of National Instrument 54-102, this news release provides a summary of the information contained in the Quarterly Report. read more

Source: International Millennium Mining Corp.

Yingli Green Energy Marks 10th Anniversary of Tianwei Yingli

Yingli Green Energy Holding Company Limited , one of the world’s leading vertically integrated photovoltaic (“PV”) product manufacturers, today celebrates the 10th anniversary of Tianwei Yingli New Energy Resources Company Limited, the Company’s principal operating subsidiary, which was formed in 1998.

From this starting point, the Company has evolved to become a major player in the PV industry, designing, manufacturing and selling PV modules and designing, assembling, selling and installing PV systems that are connected to an electricity transmission grid or operate on a stand-alone basis. read more

Source: Yingli Green Energy Holding Company Limited

Wednesday, August 27, 2008

Promise Technology Is Committed to Increasing Energy-Efficiency in the Data Center

Promise Technology, a global innovator of enterprise-class RAID storage technologies, today announced its membership in The Green Grid, a global consortium dedicated to advancing energy efficiency in data centers and business computing ecosystems. Promoting the adoption of energy efficient standards, processes, measurements and technologies, The Greed Grid is comprised of an interactive body of members who share and improve current best practices around data center efficiency. The Green Grid's scope includes collaboration with end users and government organizations worldwide to ensure that each organizational goal is aligned with both developers and users of data center technology. read more

Source: Promise Technology

Asgard Publishes "Green" Calendars Featuring Vintage Super Heroes, College Football and MAD Magazine Covers

If you have a college football or comic book fan in the house (who also cares about the environment), Asgard Press has come to the rescue with the ideal “green” products for the gift-giving season.

Their eco-friendly, archival-quality calendars for 2009 include Vintage DC Comics Super Heroes, Vintage MAD Magazine, and Vintage College Football. read more

Source: Asgard Press

Joint Venture Announced to Market and Deploy Next Generation Compressed Air Energy Storage (CAES) Plants

PSEG Global LLC and energy storage pioneer Dr. Michael Nakhamkin today announced they have formed Energy Storage and Power LLC (ES&P), a joint venture to exclusively market, license, support the development and supervise project execution of the second generation of Compressed Air Energy Storage (CAES) technology.

CAES technology stores off-peak energy, in the form of compressed air in an underground reservoir and releases this energy during peak hours. CAES can be used for load management of intermittent renewable energy resources or as a stand-alone intermediate generation source for capturing energy arbitrage, capacity payments and ancillary services. read more

Source: PSEG Global

Most Comprehensive Report Examining the 2008 North American Market for Energy Trading, Transaction and Risk Management Software

Research and Markets has announced the addition of the "The 2008 North American Market for Energy Trading, Transaction and Risk Management (ETRM) Software – Market Analysis and Sizing Report" report to their offering.

This study provides the latest analysis of the trends impacting the market for ETRM software in North America, and provides a quantitative analysis of the size of that market. Included in this report (a follow-on to 2006 North American ETRM Market Sizing and Analysis report) is an expanded examination of market forces and trends impacting market players and the providers of ETRM solutions and services. read more

Source: Research and Markets Ltd.

Fitch Withdraws LMP Real Estate Income Fund, Inc. TARPS Rating

Fitch Ratings has withdrawn the 'AAA' rating assigned to LMP Real Estate Income Fund, Inc. series M taxable auction rate preferred stock (TARPS).

Fitch is withdrawing the rating following the full redemption of TARPS by the fund. read more

Source: Fitch Ratings

Investors Real Estate Trust Announces Increase in Regular Quarterly Common Share Distribution, and Declares Series A Preferred Share Distribution

Investors Real Estate Trust announced that its Board of Trustees has declared a regular quarterly distribution of 16.90 cents per share/unit payable on October 1, 2008, to common shareholders and unitholders of record at the close of business on September 15, 2008. The distribution reinvestment price will be the closing NASDAQ share price on October 1, 2008, less a discount of 5%. The Company has filed a registration statement with the Securities and Exchange Commission to register the number of common shares necessary to meet distribution reinvestment elections. read more

Source: Investors Real Estate Trust

Research to Focus on Creating "Third-Generation" Biofuels from Non-Food Sources to Cut Carbon Emissions, Reduce Dependency on Finite Fossil Fuels

Dr. Richard Sayre, one of the nation’s leading biofuels researchers, has been named director of the Enterprise Rent-A-Car Institute for Renewable Fuels at the Donald Danforth Plant Science Center in St. Louis.

Enterprise created the Institute in 2007 with a $25 million gift from the company’s founding family, the Taylors of St. Louis, to support development of renewable energy sources. The Taylors – who own Enterprise, National Car Rental and Alamo Rent A Car – operate the world’s largest automotive fleet, with more than 1.1 million vehicles. read more

Source: Enterprise Rent-A-Car

Danish Biofuels Pioneer Inbicon Announces North American Marketing Partnership

Niels Henriksen, president and CEO of Inbicon, a biotech spin-off owned by Danish energy giant DONG Energy (dongenergy.com), today announced the next step in its marketing strategy of partnering with North American biofuels companies and licensing its second-generation cellulosic technology for commercial-scale production of ethanol and livestock feed. read more

Source: G-team; Inbicon; DONG Energy

Delphi Showcasing Full Suite of Energy-Efficient, Cost-Effective Technologies at InterAuto Moscow 2008

Delphi Corp. will showcase its energy-efficient technologies at InterAuto Moscow 2008 from Aug. 27 - 31, 2008, that help automakers meet more stringent environmental regulations, provide greater efficiency and deliver increased comfort, service and support. read more

Source: Delphi Corporation

Destiny, Florida Creates Florida's First Energy Farm

Destiny, Florida, America's first eco-sustainable city, announced today it has created Florida's first sustainable energy farm. Destiny's Energy Farm will be a learning center where 21st century farming technologies and practices are showcased and designed to produce energy crops like sweet sorghum, algae, jatropha and other crops for alternative fuels. read more

Source: Destiny

Piedmont Mining Company Reports on Annual Meeting of Stockholders

Piedmont Mining Company, Inc. held its annual meeting of stockholders on Monday, August 25, 2008 in Sacramento, California. Proxies representing approximately 63% of the outstanding shares were returned and voted at the meeting. Accordingly, a quorum was established for the transaction of business. read more

Source: Piedmont Mining Company, Inc.

Coro Mining Corp. Closes Initial $3 Million Private Placement

Coro Mining Corp. is pleased to announce it has closed an initial $3 million private placement (the "Initial Private Placement") with Dundee Global Resources Limited Partnership ("Dundee Global"). The Initial Private Placement forms part of larger financing to provide financing and working capital for the acquisition of Cerro Negro as announced in the Company's new release dated August 22, 2008. read more

Source: Coro Mining Corp.

Company Updates Stockholders on Its Exploration Plans for Its Mockingbird Gold Mine

Hunt Gold Corporation confirms that is commencing further exploration work on its Mockingbird Gold Mine, in early September of 2008.

-- Immediate further exploration work to identify drill sites
-- Actual Drilling to commence by January of 2009
-- Intention is to substantially increase the mine's proven reserves

read more

Source: Hunt Gold Corporation

Golden Tag Resources Ltd. and ECU Silver Mining Inc.: Additional High-Grade Silver Intercepts and New Veins at San Diego Property, Mexico

Golden Tag Resources Ltd. and ECU Silver Mining Inc. are pleased to report significant results from the remaining assays received from the Phase 3 exploration program at the jointly held San Diego Property in Durango State, Mexico. The drilling program, initiated in October 2007, entailed the completion of 16 new holes for a total of 6,655 metres and brings the cumulative drilling on the property to 13,245 metres. read more

Source: ECU Silver Mining Inc., Golden Tag Resources Ltd.

Q-Gold Updates Foley De-Watering Program and Arizona Copper Prospects Option

Q-Gold Resources Ltd. , announced today that the de-watering of the historic Foley Gold Mine in Mine Centre, Ontario has reached the 170 foot level, with steel ladders and platforms installed every 20 feet to the 160 foot level by Whelan Mining Contractors. Drifts in the mine have been exposed on the 100 foot and 150 foot levels, both of which are being scaled and washed with muck being removed in preparation for underground exploration. read more

Source: Q-Gold Resources Ltd.

GlobeStar Mining Update on Cerro de Maimon Project

GlobeStar Mining Corp., is pleased to provide an update on the recent commissioning and start-up activities at the Company's 100% owned Cerro de Maimon gold and copper project in the Dominican Republic.

Commissioning of the major equipment for the 1300 metric tonne per day ("mtpd") sulfide processing plant and related facilities was completed on August 16th, 2008 and the Company has proceeded with start-up of operations for the project. read more

Source: GlobeStar Mining Corporation

Century Mining Terminates Option To Purchase Rosario De Belen

Century Mining Corporation (CMM: TSX-V) announced today that it has executed agreements terminating its option to purchase Mina Rosario de Belen, an operating gold and silver mine located in Peru. The agreements to purchase Rosario de Belen were originally announced on May 7, 2007.

As a result of the termination of the agreements, all of the shares of Mina Rosario de Belen have been turned back to the previous owners. In a separate agreement, all of the concessions have also been returned to the previous owners. The previous owners have assumed all of Rosario de Belen's accounts payable. The effect on the Century balance sheet will be a reduction in accounts payable of approximately $1.2 million. Century has already recorded a write-down in its financial statements related to the termination of the Rosario de Belen transaction. read more


Source: Century Mining Corporation

Rambler Metals and Mining Reports Latest Drill Results at the Ming Mine Drills 7.4 Metres of 0.3 G/T Gold and 2.22% Copper

Rambler Metals and Mining plc is pleased to announce further positive drill results from its underground diamond drilling exploration program at the Ming Mine.
read more

Source: Rambler Metals & Mining Plc

Marathon Asset Management Takes Corporate Social Responsibility Green

Marathon Asset Management, the New York-based global alternative asset management firm, will relocate its headquarters to One Bryant Park, the world's most environmentally responsible high-rise office building. One Bryant Park is the first building of its size to aspire to a top ranked Platinum LEED certification from the United States Green Building Council (USGBC). LEED is a third-party certification program and the nationally accepted benchmark for the design, construction and operation of high performance green buildings. The building's innovative technologies reduce energy consumption by 50%, potable water consumption by 50%, and create net zero carbon dioxide emissions. read more

Source: Marathon Asset Management

The Greening of the Retail Real Estate Industry

With the world’s increased focus on sustainability, many in the retail real estate industry have responded with “green” initiatives and developed “greener” properties and practices. In support of these efforts, the International Council of Shopping Centers, Inc. (ICSC) is pleased to announce its inaugural conference and trade exposition focused solely on sustainability, energy, environmental design and operations. The program, ICSC RetailGreen: A Conference and Trade Exposition on Sustainability, Energy, & Environmental Design will feature leading industry experts discussing how and why they are building “green stores” and “green shopping centers.” In addition, experts will discuss strategies on how to be more energy efficiency and water conscious, as well as other methods for sustainability. read more

Source: International Council of Shopping Centers, Inc.

Green Hasson & Janks LLP Recognized as a Best Place to Work

The Los Angeles Business Journal has named Green Hasson & Janks LLP (GH&J) one of the "Best Places to Work" in Los Angeles. The recognition, part of the industry publication's 2nd annual "Best Places to Work" survey, was featured in this week's Los Angeles Business Journal.

"This achievement is a testament to our firm's dedication in creating a closely knit, family-like working environment," said Leon Janks, Managing Partner. "We are deeply committed to ensuring the core values of GH&J's culture -- act as one firm, keep our commitments, grow great people, encourage new ideas -- are strengthened and incorporated into every aspect of our business." read more

Source: Green Hasson & Janks LLP

Save Green and Live Green at Foxwood -- Auction on September 21

Homebuyers looking to live green and save green can do both at Foxwood, a new home community by Pleasant Hill-based builder DeNova Homes. On September 21, Accelerated Marketing Partners will conduct an auction of these 18 brand new, single-family homes; each designed to be GreenPoint Rated.

Minimum bids start at only $475,000 for homes with previously suggested pricing up to $859,000, which represents over a 40% discount. Buyers can register at AuctionMartinez.com to benefit from the lowest pricing in decades. read more

Source: DeNova Homes

AEHI Sues Environmental Group Over Defamatory Statements Intended to Damage Company in Its Efforts to Build Idaho Nuclear Plant

Alternate Energy Holdings, Inc. has filed a lawsuit in Idaho's 4th District Court after the Snake River Alliance, an environmental group, and its director called the company "scammers." The comments, broadcast Aug. 11, defame the company, its board, its stockholders and development team, said AEHI President and CEO Donald Gillispie. "We have passed two independent financial audits and if anything were even slightly amiss, we'd have heard about it," Gillispie said. "These radical groups are allowed to make almost any claim they wish, regardless of the facts, and the media rarely questions them. Someone has to hold them accountable. They have used defamation tactics since the day we announced this plant and the media has obliged them by spreading their fabrications." AEHI is the parent company of the Idaho Energy Complex (www.idahoenergycomplex.com), a proposed 1,600-megawatt nuclear reactor in southwestern Idaho. Elmore County has scheduled a hearing for Oct. 1 on a request to rezone 1,400 acres in preparation for the plant near Mountain Home, Idaho. read more

Source: Alternate Energy Holdings, Inc.

BioExx Announces Q2 2008 Results and Provides Business Update

Bio-Extraction Inc., announced today its financial results for the interim period ending June 30, 2008. Complete financial statements and Management's Discussion and Analysis are available for public review at www.sedar.com.

"We are very pleased with the progress made during the second quarter of 2008 towards commercial production, as we signed a long-term canola seed supply agreement with Viterra, Canada's largest handler of grain and oilseeds, contracted for and broke ground on the construction of the 44,000 square foot building in Saskatoon, and, subsequent to the end of the second quarter, signed a long-term commercial sales agreement with Shafer Commodities Inc. read more

Source: Bio-Extraction Inc.

Proven Gasifier Technology Converts Most Difficult Waste Streams Into Local Renewable Energy

American Alternative Energy Systems Energy Corp. company president Jeff Kulman announced today that the Company has reached an agreement in principle with Waste to Energy (Canada) Gasification Systems Inc. of Toronto, Ontario to obtain the distribution rights to the patented Waste to Energy ("WTE") downdraft gasifier technology for the Americas. The system was developed in the mid 90s in the UK, and was originally designed to produce energy from sewage sludge and other toxic organic wastes. Please feel free to visit www.waste-to-energy.co.uk for more details regarding this technology. read more

Source: American Alternative Energy Systems Corp

Tuesday, August 26, 2008

American Ag & Energy Council Announces Formal Organization

Today, leaders in agribusiness, agricultural and biorenewable research and development, education and the ethanol industry throughout the Midwest announced the formal organization of the American Ag & Energy Council (AAEC).

The American Ag & Energy Council, is a coalition formed and devoted to promoting the common link between all sectors of agriculture, agribusiness, and the renewable industry. read more

Source: American Ag & Energy Council

GM Exec Joins Bio-Reaction Industries' Board of Directors

Bio-Reaction Industries is pleased to announce the addition of long time General Motors (GM) executive David Skiven as the newest member on their Board of Directors.

With the energy and environmentally responsible innovations that Mr. Skiven oversaw during his 15 years as Executive Director of the Worldwide Facilities Group at GM, it's logical that he would join the board of an energy and environmentally innovative company. read more

Source: Bio-Reaction Industries, LLC

Delta Mining and Exploration Extends Lease Agreement on the 7,325 Acre Ranch Property

Delta Mining and Exploration is pleased to announce it has extended its land lease agreement with the option to purchase mineral rights for the 7,325 acre Ranch property which encompasses the Homestead site for an additional three years. The lease which was set to expire on December 7th will now run through December 2011. read more

Source: Delta Mining and Exploration

Oromonte announces filing of 2nd quarter financial statements and results

Oromonte Resources Inc. ORR:TSX-V; OF6:FRA) announces the filing of its financial statements and results for the three month period ended June 30, 2008. Oromonte's exploration activities and performance continued to be affected by the Ecuador government's initiation of changes to the country's constitution, taxation, environmental and mining laws. The financial results reflect the Company's decision to generally suspend its activities in Ecuador at least until the Government of Ecuador establishes its new policies towards foreign companies regarding mineral exploration and mining. In the interim, the Company's limited expenses in Ecuador are currently aimed at protecting its interests there to the extent possible. The Company has begun to implement a pro-active development strategy outside Ecuador. read more

Source: Oromonte Resources Inc.; GEOROX RESOURCES INC.

Sidon Reports on Exploration at Dolly Varden Property

SIDON INTERNATIONAL RESOURCES CORP. The first ever drilling on this copper vein system to test the depth and immediate strike of zone has revealed some interesting base and precious metal associations that are very encouraging to the ongoing evaluation of Sidon's optioned claims, the North Dolly Varden property, southeast of Elko, Nevada.

At the initially permitted site a "fan" of 3 drill holes completed in 2007 from the same set up intersected significant amounts of iron sulphides throughout the whole length of the cores. read more

Source: Sidon International Resources Corporation

Argentex to display Pinguino drill core at Argentina's premier mining conference

Argentex Mining Corporation (TSX-V: ATX, OTCBB: AGXM) is pleased to announce that it plans to exhibit core samples from its polymetallic Pinguino property at Argentina Mining 2008. The conference is one of the country's premier mining events and takes place in Mendoza, Argentina from August 26-28, 2008.

Argentex recently completed the fieldwork portion of the company's largest-ever exploration program, which included more than 20,000 meters (65,616 feet) of new HQ diamond drilling completed during the 2007-2008 season. read more

Source: Argentex Mining Corporation

Mavrix Fund Management Inc. Is Pleased To Announce The Filing Of The Preliminary Prospectus For The Mavrix Explore 2008-II FT Limited Partnership

Mavrix Fund Management Inc. is pleased to announce the filing of the preliminary prospectus of the Mavrix Explore 2008-II FT Limited Partnership (the "LP"). The LP will invest in a diversified portfolio of flow-through shares issued primarily by mining companies with exploration activities in Canada.

The maximum size of the offering is $50,000,000. The syndicate is being led by Canaccord Capital Corporation with other syndicate members including CIBC World Markets Inc., Dundee Securities Corporation, BMO Nesbitt Burns Inc., Scotia Capital Inc., TD Securities Inc., Blackmont Capital Inc., M Partners Inc., Raymond James Ltd., Wellington West Capital Inc., Argosy Securities Inc., Desjardins Securities Inc., MGI Securities Inc., and Research Capital Corporation. read more

Source: Mavrix Fund Management Inc.

Specialised Software for Coal/Stratified Deposits in Heavy Demand as Mining Companies Seek Better Support for Geology, Mine Planning Processes

Gemcom Software International Inc., the largest global supplier of specialised mining productivity solutions, today provided an update on growing Gemcom Minex(TM) sales momentum in Asia Pacific. Strong demand for the software is being fuelled by booming commodity demand and mining companies seeking improved tools for geology and mine planning.

Minex is a comprehensive geological modelling and mine planning tool for coal and other stratified deposits such as lignite, phosphate, bauxite, iron ore, and platinum. read more

Source: Gemcom Software International Inc.

Wallbridge Mining Signs $5M Joint Venture with Impala Platinum on Parkin Offset Dyke Properties in Sudbury

Wallbridge Mining Company Limited today announced that it signed a joint venture agreement with Impala Platinum Holdings Limited ("Impala"), the world's second largest primary platinum producer, on its Parkin Offset Dyke Properties in Sudbury, Ontario.

Under the terms of the joint venture agreement, Impala will spend $5M over three years to earn a 50% interest in the properties. Impala can then increase its interest to 65% by funding a Feasibility Study and securing Wallbridge's portion of the development funding through to commercial production on a project loan basis. The joint venture agreement is still subject to the necessary South African Reserve Bank approvals. read more

Source: Wallbridge Mining Company Limited

Karmin Exploration: Drill Results From Aripuana Feasibility Study, Brazil Includes 7 Metres Grading 15.3% Zinc and 3.6 Grammes per Tonne Gold

Karmin Exploration Incorporated is pleased to announce it has received the July 2008 Monthly Report including further drilling results from their project partner, Votorantim Metais ("Votorantim") from their 30% owned Aripuana zinc/copper/lead/gold/silver massive sulphide district in Mato Grosso, Brazil. Votorantim reported on assay results of 9 intersections from 7 drill holes in the Ambrex and Arex deposits as summarized in Table 1 below. The engineering firm, MinProc of Australia, is conducting a US$ 15 million feasibility study on the project, due for completion in early 2009. The feasibility study is fully funded by Votorantim. read more

Source: Karmin Exploration Inc.

Century Mining Terminates Option To Purchase Rosario De Belen

Century Mining Corporation announced today that it has executed agreements terminating its option to purchase Mina Rosario de Belen, an operating gold and silver mine located in Peru. The agreements to purchase Rosario de Belen were originally announced on May 7, 2007.

As a result of the termination of the agreements, all of the shares of Mina Rosario de Belen have been turned back to the previous owners. In a separate agreement, all of the concessions have also been returned to the previous owners. The previous owners have assumed all of Rosario de Belen's accounts payable. The effect on the Century balance sheet will be a reduction in accounts payable of approximately $1.2 million. Century has already recorded a write-down in its financial statements related to the termination of the Rosario de Belen transaction. read more

Source: Century Mining Corporation

Silver Dragon Updates Progress At Liangdi Silver-Lead-Zinc Polymetallic Exploration Project

Silver Dragon Resources Inc. is pleased to announce further progress of the ongoing comprehensive exploration program at Liangdi Silver-Lead-Zinc polymetallic project. The tunneling project PD1 has further revealed the extensions of mineralized bodies No.4, No.5, No.6, No.7 and No.8 (see Figure 1). In particular, the length of the indicated part of mineralized body No.6 is now 120 meters, and that of No.7 is 80 meters. The grades of mineralized body No.6 are up to 663g/t Ag, 15.63% Pb and 18.38% Zn (see sample LH220 in Table 1). The horizontal thicknesses of the mineralized bodies are mostly between 2 and 3.6 meters. read more

Source: Silver Dragon Resources Inc.

Ruby Red Resources updates exploration program

Ruby Red Resources Inc. is pleased to announce the results of the Company's second quarter exploration activities and planned exploration activities in the third quarter on its properties near Cranbrook in southeastern British Columbia.

Diamond Drill Hole (DDH) 08-01 was drilled to extend the mineralized zone encountered in DDH 07-01 (previously announced in the Company's news release of June 10, 2008) which intersected 95 metres of 0.436% Cu, 2.24 gm/tonne Ag, 106 ppm Co and 49 ppm Bi. DDH 08-01 intersected 270 metres of silicified quartz stockwork breccia with significant visible sulphide mineralization in disseminated, semi-massive and massive states. read more

Source: Ruby Red Resources Inc.

Solitario Exploration & Royalty Corp. Expands Platinum-Palladium Mineralization on Its Pedra Branca Project, Brazil

Solitario Exploration & Royalty Corp. , announces significant new platinum-palladium ("PGM") drill hole assay results that expand previously defined mineralization on its Pedra Branca project in northeastern Brazil. Additionally, Solitario received a $200,000 property payment from Votorantim Metais that allows Votorantim to continue its option to earn an interest in Solitario's high-grade Bongará zinc property in Peru.

Pedra Branca Drilling

The recently completed Pedra Branca core drilling program consisted of 27 drill holes totaling 1,839 meters. Results for the first 17 drill holes have thus far been received from four separate prospects: Curiu (8-holes), Cedro II and III (4 holes each), and Cedro V (1-hole). read more

Source: Solitario Exploration & Royalty Corp.

Tawsho Mining Grants Options to Director

Tawsho Mining announces that the Company has granted an aggregate of 5,000 incentive stock options to a director of the Company at an exercise price of $1.00 per share expiring five (5) years from the date of grant. Tawsho Mining has 1,381,852 stock options outstanding.

Tawsho Mining (22,292,249 common shares outstanding) is a gold exploration and development company actively engaged in the acquisition of precious metal properties, primarily, but not exclusively, in Canada. read more

Source: Tawsho Mining Inc.

Magnum Announces Joint Venture with Green Tech Solutions and Purchase of Buffing Equipment

Magnum D'Or Resources, Inc., announces a Joint Venture with Green Tech Solutions (GTS) and announces the companies first purchase of 4 buffing machines.

Magnum's Canadian Operations Manager Michel Boux stated, "Green Tech Solutions recently purchased 2 standard buffers and 2 OTR buffer machines through Magnum D'Or Resources. read more

Source: Magnum

Company Has Developed Five Key Approaches to Be Eco-Friendly

Angstrom Microsystems Corp., announced today that, based on client input and its own research, the Company is a leader in the market for "green computing" solutions. Green computing helps companies reduce their carbon footprint while considerably saving energy and money over traditional computing solutions, particularly in the data center market, which accounts for 3% of all power consumption in the U.S. according to the EPA. read more

Source: Angstrom Microsystems Corp.

BrassCraft Restructures To Increase Focus on New Product Development and Market Responsiveness

Building on its legacy of plumbing innovation, BrassCraft has reorganized its marketing and product development teams to provide a dedicated focus on new product development and growth in their core water and gas product lines.

Product Development will lead adjacent product expansion within current product lines. Separate Water and Gas Product Development groups will focus on business planning, marketing initiatives, engineering innovations and product line extension. Supporting all groups, Packaging Engineering will continue to evolve packaging design, respond to market needs and push green initiatives. read more

Source: BrassCraft

New York Auto Giant Goes Green: Long Island Car Dealer Group Aims to Reduce Carbon Emissions

Climate change, fuel economy, renewable energy…all are terms that we’ve been learning more about as media ramps up its “green” initiative coverage.

This week NY Auto Giant and Carbon Neutrality (another Long Island based company) have launched an innovative carbon emission reduction program that will add to our environmental dictionaries the following ground-breaking terms: Carbon Footprint, Carbon Offsetting, Carbon Neutral, and Carbon Credits. read more

Source: NY Auto Giant

China Shen Zhou Mining & Resources, Inc. to be Featured on Phoenix Satellite Television's Chinese Business Leaders Series on August 29, 2008

China Shen Zhou Mining & Resources, Inc. , a leading company in the exploration, development, mining and processing of fluorite, zinc, lead, copper, and other nonferrous metals in China, today announced that the Company will be featured on Phoenix Satellite Television's weekly business show, called "Cai Zhi Quan Gong Lue," (or "Finance, Wisdom & Total Strategies"), on Friday, August 29, 2008, at 8:25 p.m. EST on Phoenix Chinese Channel and on Saturday, August 30,2008, at 00:30 a.m. EST on Phoenix InfoNews Channel. The replay for Phoenix Chinese Channel will be on Saturday, August 30, at 10:30 p.m. EST. The replay for Phoenix InfoNews Channel will be on Saturday, August 30, at 8:30 a.m. EST and 12:30 p.m. EST. The pre-taped program is in Mandarin Chinese and runs for about 12 minutes. read more

Source: China Shen Zhou Mining & Resources, Inc.

US Gold: Exploration News Release

US GOLD CORPORATION announces that drilling within the Magistral District, located in Sinaloa State, Mexico continues to expand the mineralization at the Magistral Mine and Palmarito Project.

MAGISTRAL DISTRICT EXPLORATION HIGHLIGHTS

- La Prieta Zone returned 0.10 ounces per ton (opt) gold over 60 feet (ft.), (3.26 gpt (grams per tonne) over 18.3 m) including 0.30 opt gold over 10 ft. (10.33 gpt gold over 3.0 m). Drilling this year has successfully expanded the zone 100 ft. (30 m) to the southwest. read more

Source: US Gold Corporation

Houston Lake Mining Raises $800,000 in a Flow-Through Private Placement

Houston Lake Mining Inc., is pleased to report it has completed a $800,000 offering that will be used to continue exploration activities at its West Cedartree Gold Project in Ontario.

The funds were raised through the sale of 1,333,333 flow-through units priced at $0.60 per unit in a non-brokered private placement, subject to regulatory approval. Each unit consisted of one flow-through common share and one half of one common share purchase warrant. Each whole warrant is exercisable into one common share at an exercise price of $0.70 for 24 months from closing. read more

Source: Houston Lake Mining Inc

Premium Exploration Provides Update on its Buffalo Gulch Joint Venture Project

Premium Exploration, Inc. ,is pleased to provide the following update on its joint venture with Clearwater Mining Corporation ("CMC") for the Buffalo Gulch open pit heap leach gold mine project located near Elk City, Idaho, United States of America.

Highlights Include:

- Publication on August 15, 2008 in the United States Federal Register of a Notice of Intent ("NOI") for the preparation of the required Environmental Impact Statement ("EIS") for the proposed Buffalo Gulch Mine by the United States Department of Interior, Bureau of Land Management ("BLM"). read more

Source: Premium Exploration, Inc.

Crosshair Exploration & Mining Corp.: News Release

Crosshair Exploration & Mining Corp. , - As disclosed in Crosshair Exploration & Mining Corp.'s (the "Company") Annual Report on Form 20-F for the fiscal year ended April 30, 2008 (the "Annual Report") filed with the United States Securities and Exchange Commission on July 29, 2008, the Company was unable to complete its management report on the Company's internal control over financial reporting (the "Management Report") in time for inclusion in the Annual Report and, accordingly, its independent auditor concluded that it was unable to complete its assessment of the Management Report (the "Attestation"), as required under Section 404 of the United States Sarbanes-Oxley Act of 2002. The Company disclosed in the Annual Report that it intended to file an amended Annual Report upon completion of the Management Report and Attestation. read more

Source: Crosshair Exploration & Mining Corp.

Active Growth Capital Inc. Announces Completion of Initial Public Offering

Active Growth Capital Inc. , announces today that it has successfully completed its initial public offering of 3,750,250 common shares at a price of $0.20 per share for aggregate gross proceeds of $750,050.00. Maison Placements Canada Inc. ("Maison") acted as agent for the offering. As compensation for its services, Maison received cash commission equal to 5% of the gross proceeds of the offering, an administrative fee of $5,000.00 and an agent's option to purchase 300,020 common shares at a price of $0.20 per share for a period of twenty-four (24) months from the date (the "Listing Date") the shares are listed on the TSX Venture Exchange ("Exchange"). read more

Source: Active Growth Capital Inc.

Monday, August 25, 2008

Brooke Capital Re-Evaluates Loss Mitigation Relationships

Brooke Capital Corporation today announced that it has notified certain securitization trusts that it will discontinue providing services to troubled borrowers unless past due servicing fees are immediately paid. As outlined in the recent Form 10-Q filing with the SEC, Brooke Capital is owed fees for collateral preservation consulting by securitization trusts. The amount of these past due fees is nearly $7 million. read more

Source: Brooke Capital Corporation

Demand for 'The Gold Show' Featuring Capital Gold Group CEO Doubles in 12 Months

Capital Gold Group, Inc. announced today that the number of affiliate radio stations carrying "The Gold Show", a nationally syndicated radio program featuring its President and CEO, Jonathan C. Rose, RFC, has doubled in the last twelve months.

Mr. Rose, an internationally recognized advisor and commentator on the gold markets and global economies, believes that public demand for information and advice on gold as a wealth preservation strategy, safe-haven asset, and long-term investment in these volatile financial times is greater than ever before. read more

Source: Capital Gold Group, Inc.

Sparxent Founded to Offer Mid-Market Companies Unmatched Breadth and Depth of Enterprise-Class IT Services

Founders Steve DeWindt and Dave Taylor, in conjunction with vSpring Capital, today announced the formation of Sparxent, Inc., which was established to provide software, hardware and IT consulting services to mid-market customers. Sparxent also announced that it acquired NetworkD Corporation of Newport Beach, California and has signed a letter of intent to acquire Arbyte of Moscow.

"Although the middle tier of the market makes up nearly half of overall IT spending, there are few dedicated IT resources focused on this segment," said DeWindt, Sparxent co-founder. read more

Source: Sparxent, Inc.

MediSolution and GFI Business Solutions Sign a Partnership Agreement to Deliver Integrated Human Capital Management Solution

MediSolution Ltd., and GFI Business Solutions, today announced the signing of a partnership agreement to deliver a fully integrated Human Capital Management solution to the healthcare and service sector market. The modular Human Capital Management (HCM) product portfolio will combine the best of breed components from both companies existing platforms and will encompass payroll, human resources, electronic timesheets, employee self-service, time and attendance, and its unique staff scheduling and recall lists features.

Building upon an existing partnership agreement between the two companies, the new agreement will combine GFI Business Solutions' leading Magistra® HR solution with MediSolution's proven Virtuo® Payroll solution creating a unique application with specific features for the healthcare and service sectors. read more

Source: MediSolution Ltd.

Notice of Q2 2008 Results Conference Call

BioExtraction Inc. will release its fiscal 2008 second quarter financial results following the close of markets on August 26, 2008. Management will host a conference call on August 27 at 10:00 a.m. (EDT) to review the financial results. The call will be hosted by Chris Carl, Chief Executive Officer, and Chris Schnarr, Chief Financial Officer. read more

Source: Bio-Extraction Inc.

Radar Acquisitions Corp. Announces Completion of $1,047,750 Private Placement

Radar Acquisitions Corp. , is pleased to announce that Radar has completed a non-brokered private placement of 4,762,500 units at a price of C$0.22 per unit for gross proceeds of up to C$1,047,750. Each unit consists of one common share and one half of a common share purchase warrant. Each whole warrant is exercisable at C$0.33 per common share for a period of one year from closing. The private placement was increased from the amount disclosed in the press release of Radar dated July 29, 2008 from 3,204,545 units to 4,762,500 units. read more

Source: Radar Acquisitions Corp

Raytec Metals Corp. to Begin 2D Seismic Survey on KP441 Potash Claim

Raytec Metals Corp., has engaged the services of Kinetex Inc., a subsidiary of FirstGrowth-EDS , to conduct 2-D seismic work on its Saskatchewan KP441 potash claim in advance of a proposed phase one drill program.

The Company recently received its exploration permits on the KP441 and KP452 potash claims, covering 91,549 acres, from the Saskatchewan Ministry of Energy and Mines. In June 2008, a NI43-101 compliant resource was established on the southwest portion of the KP441 claim using data from two historic holes drilled by Canadian Exploration Ltd. in 1969. The resource estimation, which covers approximately 17% of claim KP441, includes a net recoverable indicated resource of 12.49 million metric tonnes of K2O and a net recoverable inferred resource of 12.24 million metric tonnes of K2O. read more

Source: Raytec Metals Corp.

Lundin Mining Announces Senior Appointments

Lundin Mining Corporation is pleased to announce a number of senior appointments, further strengthening its management team.

A new finance team starts in the Toronto office effective September 2, 2008 led by Mr. Ted Mayers who has been appointed Chief Financial Officer. Mr. Mayers was formerly Chief Financial Officer for LionOre Mining International Ltd. and he will be supported in his new role by Marie Inkster, Vice President, Finance and two other senior finance people all of whom were previously with LionOre. read more

Source: Lundin Mining Corporation

Paladin Energy Ltd: PRELIMINARY FINANCIAL REPORT

Paladin Energy Ltd announces the release of its 30 June 2008 Appendix 4E - Preliminary Financial Report.

Projects:

- Production of 1.71Mlb of U3O8 at the Langer Heinrich Uranium Project in Namibia achieved by year end.

- Langer Heinrich Stage II production expansion project to 3.7Mlb pa on budget and on schedule for completion by end of calendar year 2008. Expenditure to 30 June was US$8.9M. Components of Stage II capital will support Stage III expansion to 6.0Mlb pa. read more

Source: Paladin Energy Ltd

Uranerz ISR Mining License Application Accepted for Detailed Review by Wyoming Department of Environmental Quality

Uranerz Energy Corporation is pleased to announce that the Wyoming Department of Environmental Quality ("WDEQ") has deemed the Company's application to build and operate an in-situ recovery ("ISR") uranium mine "complete" and the WDEQ review process can now move to the next stage. The next stage includes a detailed technical and environmental review of the application and notification to the public that a copy of the application is available for reading at several locations around the State. This WDEQ certification of completeness marks a significant advancement of the Company's application for a state permit to mine covering its Nichols Ranch ISR Uranium Project located in the central Powder River Basin of Wyoming. read more

Source: Uranerz Energy Corporation

Hawk Exercises Option on Cortez Property

Hawk Uranium Inc. is pleased to announce that, as of August 21, 2008, it made the next instalment payment required to maintain its option on the Cortez Property, Ramsey Lake - Elliott Lake Area of Northern Ontario.

Cortez Property

Hawk's management has assessed the results of ground Magnetic and ground Radiometric surveys completed over a number of airborne radiometric anomalies and has determined to pursue a continued interest in this property. read more

Source: Hawk Uranium Inc.

Titan Tire Corporation's 63-inch OTR Tire Continues to Perform

Titan Tire Corporation, a subsidiary of Titan International Inc., announced today that its new 63-inch giant off-the-road (OTR) mining tire and wheel assemblies are continuing to perform well for customers. The company’s first shipment of 63-inch giant tires are being used in mining applications in Canada’s oil sands.

“Titan’s 63-inch giant tires continue to run with success,” said Titan Chairman and CEO Maurice M. Taylor Jr. “These tires have surpassed each standard we’ve set for them, and we expect only the best from our products. Our OTR tires, with our new patent pending design and manufacturing technology, run cooler and stronger,” said Taylor. read more

Source: Titan International, Inc.

"NuSoil" Keeping Revenue Rising From Closed Mine Properties

The Anviron Holding Company , a manufacturer and marketer of "Clean & Green" products and technology, announced today that the company has released a white paper on use of the company’s NuSoil Technology to the government of Thailand. The paper focuses on the use of NuSoil products in mine reclamation projects and the carbon credit market advantages of using these technologies.

NuSoil is a non-polluting organic fertilizer technology that is having an extraordinary effect on the development and reclamation of closed mining operation properties. This paper identifies NuSoil technologies for mine reclamation that could contribute to successfully reaching greenhouse gas (GHG) emissions reduction commitments. Options for GHG reduction in mine reclamation include reforestation, addition of soil amendments or neutralizing agents. An analysis and quantification of the potential GHG reduction of potential carbon sinks and sequestration options for mine site reclamation using NuSoil Technologies are provided. Cost estimates are provided. read more

Source: The Anviron Holding Company

Hailed by Media as "Durable, Less Expensive and More Sustainable" Than Petroleum-Based Counterparts

BioSolar, Inc. , has been featured in several high-profile media reports following its recent announcement that materials derived from cotton and castor beans compose the company’s proprietary BioBacksheet™, a protective covering, traditionally made from expensive petroleum-based film, used in the back of virtually all photovoltaic solar cells.

“After two years of secrecy, BioSolar unveils a bio-based protective sheet for solar cells that it hopes will give chemical giant DuPont some competition,” reported GreenTech Media only minutes following the company’s official announcement at the SPIE Symposium on Solar Applications and Energy conference on Tuesday, August 12, 2008 in San Diego, CA. read more

Source: BioSolar, Inc.

Planet Resource Recovery, Inc Provides Update on Affordable Bio Feedstock Collaboration

Planet Resource Recovery, Inc. , is pleased to provide update on collaboration with Affordable Bio Feedstock (ABF) that commenced on May 28, 2008.

After representatives from both companies jointly completed testing and evaluation of processes and techniques for utilizing Planet Resource Recovery, Inc.’s premier product, PetroLuxus™, for separation and recovery of oils from trap grease and other sources for waste grease, ABF launched into the construction of their pilot plant in July. To date, ABF is approximately 75 percent completed and is estimated to be online by mid-September 2008. read more

Source: Planet Resource Recovery, Inc.

Sunday, August 24, 2008

Cash4Gold Purchases a 40,000 sqft Gold Processing Facility

Cash4Gold, the market leader for buying gold online, has purchased a 40,000 sqft Gold processing facility due to overwhelming growth in their company. Cash4Gold now has a team of 260 people working in their operations ranging from Gold processors, Gold refiners, jewelry appraisers, and customer service specialists.

Jeff Aronson, Cash4Gold CEO, said, "Our expansion further solidifies our domination of the selling gold online industry. We are the only company in our space that has a full refinery on the premises. We believe the new location will make Cash4Gold's gold buying process even more efficient." read more

Source: Cash4Gold

Constitution Mining Appoints Chief Financial Officer

Constitution Mining Corp. , announces the appointment of Peter Wiget to serve as the company's Chief Financial Officer.

Mr. Wiget brings over 25 years of experience in finance and administration, working with both private and public companies. Mr. Wiget's broad network of contacts in North American and European financial markets should serve the company well as it continues to go forward and increase its financing needs. In addition to serving as the Chief Financial Officer for Constitution Mining, Mr. Wiget is the President of WITRAG Management Consultants AG, Zug, Switzerland. read more

Source: Constitution Mining Corp.

Anvil Mining Limited and Catala Global Limited announce definitive Subscription Agreement for private placement

Anvil Mining Limited and Catala Global Limited ("Catala") announced today that they have entered into a definitive Subscription Agreement for a private placement. Due to the significant deterioration in market conditions for resource companies since the original announcement of the placement on July 10, 2008, the subscription price per share has been reduced from C$12.50 to C$10.00 per share (with a corresponding reduction in the gross proceeds). The issue price of C$10.00 represents a premium of 39% to the closing price of C$7.21 for Anvil's Common Shares on the Toronto Stock Exchange on August 22, 2008. read more

Source: Anvil Mining Limited

Sparxent Founded to Offer Mid-Market Companies Unmatched Breadth and Depth of Enterprise-Class IT Services

Founders Steve DeWindt and Dave Taylor, in conjunction with vSpring Capital, today announced the formation of Sparxent, Inc., which was established to provide software, hardware and IT consulting services to mid-market customers. Sparxent also announced that it acquired NetworkD Corporation of Newport Beach, California and has signed a letter of intent to acquire Arbyte of Moscow.

"Although the middle tier of the market makes up nearly half of overall IT spending, there are few dedicated IT resources focused on this segment," said DeWindt, Sparxent co-founder. "We feel that there is a unique opportunity to create a new business model through the marriage of consulting, solutions, integration, development and services that are solely focused on the under-served mid-market." read more

Source: Sparxent, Inc.

Yingli Green Energy Announces Plans to Construct a Solar Power Plant in Beijing, China

Yingli Green Energy Holding Company Limited , one of the world’s leading vertically integrated photovoltaic (“PV”) product manufacturers, today announced that it has entered into a framework agreement with the local government of a county in Beijing regarding the proposed construction of a 10 MW solar power plant.

Under the framework agreement, a wholly-owned subsidiary of Yingli Green Energy and an entity controlled by the county government would establish a new company to construct the plant. Subject to further negotiations, the construction of the project would be expected to begin in the second half of 2009. read more

Source: Yingli Green Energy Holding Company Limited

U.S. Energy Corp. Completes Sale of Interest in Sutter Gold Mining Inc. to RMB Resources Ltd.

U.S. Energy Corp. , today announced that it has completed the sale of an aggregate of 39,062,720 common shares (the ``Purchased Shares'') of Sutter Gold Mining Inc. (CDNX:SGM.V - News) (``SGMI'') representing approximately 49.9% of the outstanding common shares of SGMI to RMB Resources Ltd. (``RMB''), as trustee for the Telluride Investment Trust, for an aggregate purchase price of approximately Cdn. $5.4 million, or Cdn. $0.138/share in accordance with the terms of a share purchase agreement (the ``Purchase Agreement'') previously announced on June 13, 2008. Under the terms of the agreement, USE retained an equity position of approximately 3,550,361 shares and a Net Profits Royalty on the project.

In conjunction with the closing of the sale of the shares by USE to RMB, USE also participated in a non-brokered private placement by SGMI with the purchase of approximately 4,545,455 units at Cdn. $0.11 per unit for total cash consideration of Cdn. $500,000. USE also received 24-month warrants to purchase an additional 2,272,728 common shares of SGMI at a price of $0.15 per share as part of the private placement. All securities issued under the private placement will be subject to a four-month hold period. read more

Source: U.S. Energy Corp.

Development Forecast Report for Mining and Mineral Extraction Machinery in Russia 2008-2011

Research and Markets has announced the addition of the "Mining and Mineral Extraction Machinery in Russia 2008. Development Forecasts for 2008-2011" report to their offering.

This Mining and mineral extraction machinery in Russia 2008 describes and analyses the Russian market for machinery used in the mining, extraction, processing of and exploration for minerals, metals, coal, oil, gas and other substances. It presents profiles of domestic and foreign machinery producers, results of a SWOT analysis, and information concerning market value, segmentation and insider intelligence on trends, drivers and challenges at work in the market as well as their effects on the competitive landscape. read more

Source: Research and Markets

Thursday, August 21, 2008

Learning Tree Adds New Course to Management Curriculum - Management Skills for an IT Environment

Learning Tree International today announced the addition of a new course to its Management and Leadership curriculum. Entitled Management Skills for an IT Environment, the 4-day course employs the Learning Tree proprietary RealityPlus™ methodology to immerse participants in an IT-focused, multimedia simulation led by an expert instructor. As in all Learning Tree RealityPlus courses, participants have the opportunity to learn by doing as they work towards solving real-world management challenges via the application of management tools, techniques and strategies. This intensive simulation is designed to provide participants with practical management skills along with the confidence to apply them immediately upon returning to their jobs. read more

Source: Learning Tree International

Media Advisory: Canada's Environment Minister and Nunavut Tunngavik Incorporated Take Action to Protect Canada's North

Canada's Environment Minister John Baird and Paul Kaludjak, President of Nunavut Tunngavik Incorporated will make an important announcement concerning conservation and economic initiatives in Canada's North. read more

Source: Environment Canada

Centillium Communications Approved for Listing on The Nasdaq Capital Market

Centillium Communications, a leading provider of highly innovative communications processing technology, today announced that on Aug. 18, 2008, Centillium received notice from the Listing Qualifications Department of The NASDAQ Stock Market, LLC that its application to transfer its common stock to The Nasdaq Capital Market (the "Capital Market") from The Nasdaq Global Market (the "Global Market") was approved. While its common stock traded on the Global Market, Centillium received a deficiency notice from Nasdaq on Feb. 21, 2008, stating that Centillium had a grace period of 180 days, or until Aug. 19, 2008, to cure the deficiency by meeting the $1.00 per share minimum bid price for 10 consecutive trading days. Because Centillium failed to meet the minimum bid price for 10 consecutive days during the grace period, it elected to apply to transfer its common stock to the Capital Market. Upon this transfer, pursuant to the Nasdaq Marketplace Rules, Centillium will receive an additional grace period of 180 calendar days, or until Feb. 17, 2009, to comply with the $1.00 per share minimum bid price rule while on the Capital Market. There can be no assurance that Centillium will achieve compliance with the minimum bid price requirement. Even if Centillium is able to comply with the minimum bid requirement, there is no assurance that in the future Centillium will continue to satisfy other Nasdaq listing requirements, with the result that its common stock may be delisted from the Capital Market. read more

Source: Centillium Communications, Inc.

Radio One, Inc. Files Application to Transfer Class A Shares to the NASDAQ Capital Market

Radio One, Inc. today announced that it has filed an application to transfer the listing of the Company's Class A Shares from The NASDAQ Global Market to The NASDAQ Capital Market. The Company filed the application on August 18, 2008. The Company expects to receive NASDAQ's approval decision within the upcoming weeks and expects to maintain its current NASDAQ Global Market status pending approval of the transfer application. The Company believes it is eligible to transfer to The NASDAQ Capital Market, although there can be no assurance that the transfer will be approved. read more

Source: Radio One, Inc.

"ERC Carbon Capture Technology Represents Alternative or Add-On to Carbon Sequestration"

Investorideas.com and www.RenewableEnergyStocks.com, a leading investor news and research portal for the renewable energy sector within InvestorIdeas.com, present an audio interview with Professor Colin Oloman, inventor of the ERC (Electro Reduction of Carbon Dioxide) carbon capture technology, on behalf of Mantra Venture Group Ltd.

Professor Colin Oloman describes the scope and potential and applications for the technology: "The process turns carbon dioxide into useful products instead of burying it underground. It is an alternative or add-on to carbon sequestration. The applications include the production of industrial chemicals and liquid fuels such as formic acid. read more

Source: RenewableEnergyStocks.com

PG&E Purchases More Renewable Wind Energy to Serve California Customers

Pacific Gas and Electric Company announced today it has entered into a long-term agreement with Klondike Wind Power III LLC, a subsidiary of Iberdrola Renewables, to purchase 90 megawatts (MW) of renewable wind energy from the Klondike wind facility in Sherman County, Oregon.

"Acquiring more clean wind power is a key part of PG&E's commitment to providing our California customers with reliable, environmentally responsible energy," said Fong Wan, vice president of energy procurement for PG&E. read more

Source: Pacific Gas and Electric Company

Copper Reef Mining-Board Appointments

Copper Reef Mining Corporation (the "Company") (CNQ: CZCC) announces that Mr. John D. Harvey, P.Eng and Mr. Marion(Mike) Koziol, P.Eng., P.Geo. have resigned as directors of the Company. Both cited demands of other business as the reason for their resignations. Copper Reef appreciates the contribution John and Mike made to the Company. read more


Source: Copper Reef Mining Corporation

Delta Mining and Exploration Extends Lease Agreement on the 7,325 Acre Ranch Property

Delta Mining and Exploration is pleased to announce it has extended its land lease agreement with the option to purchase mineral rights for the 7,325 acre Ranch property which encompasses the Homestead site for an additional three years. The lease which was set to expire on December 7th will now run through December 2011.

Delta's Chief Executive Officer, Mr. Brett Rodli, stated that "This was another important step forward for Delta as we await results from our 30 tonne bulk sampling program of the Homestead kimberlite. Securing the land for an additional 3 years will allow Delta to continue with future exploration plans regardless of the bulk sample's outcome." read more

Source: Delta Mining and Exploration

Planet Resource Recovery, Inc Provides Update on Affordable Bio Feedstock Collaboration

Planet Resource Recovery, Inc. is pleased to provide update on collaboration with Affordable Bio Feedstock (ABF) that commenced on May 28, 2008.

After representatives from both companies jointly completed testing and evaluation of processes and techniques for utilizing Planet Resource Recovery, Inc.’s premier product, PetroLuxus™, for separation and recovery of oils from trap grease and other sources for waste grease, ABF launched into the construction of their pilot plant in July. To date, ABF is approximately 75 percent completed and is estimated to be online by mid-September 2008. read more

Source: Planet Resource Recovery, Inc.

Wednesday, August 20, 2008

PECO Launches First Phase of Five Year Environmental Initiative With Opening Of First Green Building

PECO today unveiled the first phase of a five year major environmental initiative aimed to make the company more environmentally friendly through energy efficiency and other cutting edge efforts. The comprehensive program – totaling more than $15.3 million of work – includes the opening of PECO’s first ‘green building’ in West Chester, the installation of a green roof and a new Crown Lights system at the company’s Center City headquarters, work to secure Leadership in Energy and Environmental Design (LEED) certification for many company work sites, and environmental and energy efficiency community and customer support. read more

Source: PECO

Ukraine's Coal Mine Industry Continues Regional Leadership to Reduce Emissions, Cut Gas Costs and Enhance Workplace Safety

The JSC Coal Company Krasnoarmeiskaya Zapadnaya is the latest Ukraine company to modernize its coal mining operations by signing a framework agreement with GE Energy. Under the agreement, JSC plans to install up to 20 of GE’s ecomaginationTM-certified Jenbacher coal mine gas-fueled cogeneration units. The engines will use the active mine‘s own methane gas to generate about 129 MW in total power output, covering the mine’s on-site power and heat requirements. The initiative will also reduce site emissions and support workplace safety initiatives.

The privately owned mine is located near the town of Krasnoarmeisk in the coal-rich Donetsk region in eastern Ukraine. read more

Source: GE Energy

ThermoEnergy Corp Reports Second Quarter 2008 Financial Results and Business Highlights

ThermoEnergy Corporation today announces the Company's second quarter 2008 financial results and provides a business update to shareholders.

Key Business Highlights and Corporate Developments

-- CASTion received a follow on order from long time client, General Metal Finishing for CASTion's ZLD and CAST system.

-- CASTion continues to expand the current pipeline for its industrial business, which now stands at approximately $8 million. CASTion defines their pipeline as order with a probability greater than 50% to be started in the next 12 months.

-- CASTion expects to close on approximately $1-3 million of the current pipeline in the second half of 2008.

-- ThermoEnergy is in contract discussions with two large internationally known Architect and Engineering Companies to provide the necessary construction and engineering services for the New York City 26th Ward ARP Wastewater project.

-- Discussions continue with Babcock Power, Inc. to form a symbiotic relationship utilizing the Company's proprietary TIPS process. The Memorandum of Understanding has been extended and the Company expects to enter into a joint venture agreement during the third quarter of 2008

-- Large Shareholder makes an additional investment as a bridge loan until the Quercus Trust $7 million commitment closes. read more

Source: ThermoEnergy Corporation

Business Financial Publishing Ranks 185 on Inc. 500 List, Inc. Magazine's List of Fastest-Growing Private Companies in U.S.

Business Financial Publishing today announced it ranks 185 on Inc. magazine’s just-released annual list of the fastest-growing private companies in the United States. Ian Wyatt, the founder and President of Business Financial Publishing, attributed the company’s rapid growth to a talented staff and a client base that consists of some of the biggest names in the investment content and financial services business. read more

Source: Business Financial Publishing, LLC

High-Density, Highly Reliable Solution Blends SAS and SATA Storage With Energy-Efficient AutoMAID Technology

Nexsan, a leading provider of energy-efficient, long-term storage, today announced the availability of The Edge, a next-generation green Network Attached Storage (NAS) solution configured and priced specifically for the small to medium-sized business (SMB) market.

The Edge is a high-density disk storage solution that allows users to tier existing Nexsan SAS and SATA-based storage with file services, CIFS and NFS, as well as block service iSCSI. It also features high-reliability attributes unavailable in other SMB storage solutions. read more

Source: Nexsan

GWS Technologies, Inc. Partners with Microgeneration Innovator Urban Green Energy to Distribute its 2nd Generation VAWT

GWS Technologies, Inc., an alternative energy company developing and marketing microgeneration solar and wind-powered renewable energy products and solutions, today announced that it has entered into an agreement with Urban Green Energy, Inc. to distribute its incredibly advanced 2nd generation 4kW vertical axis wind turbine (VAWT), the first in a line which will include several other sizes, including a 1kW VAWT available this fall.

The 4kW VAWT uses composite materials to create a wind turbine that is, according to Urban Green Energy’s CEO Nick Blitterswyk, “quieter than a human whisper” while providing enough energy to power an average American home. read more

Source: GWS Technologies, Inc.

Mosquito Consolidated Gold Mines Limited: Step-Out Drilling at CUMO Produces 2200 Foot Molybdenum Intercept Grading 1.01% Copper Equivalent

Mosquito Consolidated Gold Mines Limited (Mosquito)is pleased to report excellent results from the first hole of the 2008 diamond drilling program for its Idaho-based CUMO molybdenum/copper project. The program is under the direction of Mosquito's Senior Geologist and Director, Dr. Matt Ball, Ph.D., P.Geo.

Hole 35-08 is a vertical (-90) hole drilled to a depth of 858.6 meters (2817 feet). The hole was designed to extend the CUMO project's mineral resource and is located 500 feet to the south of hole 32, drilled in 2007 (figure 1). Hole 35-08 intersected molybdenum-bearing mineralization from 36.12m (120 feet) to 858.6m (2817 feet). read more
Source: Mosquito Consolidated Gold Mines Limited

Area Builders Bring Nation's First Green Job Curriculum to District

Mayor Adrian M. Fenty and Councilmember At-Large Kwame Brown today joined the Green Builders Council of DC , a coalition of more than 30 local builders and developers, to unveil the nation's first green collar job training curriculum for the Washington, DC area construction industry.

The curriculum will train current construction workers, plus Career and Technical Education students entering the District's construction trades programs, in environmentally-sensitive construction methods and green building rating systems as certified under the U.S. Green Building Council's (http://www.usgbc.org) Leadership in Energy and Environmental Design (LEED) standard. Thanks in part to the leadership of the members of the Green Builders Council of DC more than 100 buildings in the District, totaling over 120 million square feet, are already LEED certified. read more

SOURCE Green Builders Council of DC

China Green Agriculture, Inc. Progresses on Construction of New Facilities

China Green Agriculture, Inc. ; "China Green Agriculture" or "the Company"), a leading producer and distributor of organic humic acid ("HA") based liquid compound fertilizer through its wholly owned subsidiary, Shaanxi TechTeam Jinong Humic Acid Product Co., Ltd., today announced that it is progressing as scheduled in the construction of its expanded fertilizer manufacturing facilities at its headquarters in Shaanxi province, PRC.

The new manufacturing facilities, which broke ground in May of this year, will increase China Green Agriculture's annual organic fertilizer output by an additional 40,000 tons, from 10,000 tons per year to 50,000 tons. To date, China Green Agriculture has completed its foundation work for the new facility and is currently constructing the main building. In addition, the Company has recently finalized contracts for the purchase and installation of all equipments that will be used in the manufacturing facility including dryers, mixers, reactors, etc. read more
Source: China Green Agriculture, Inc.

Wallbridge Mining Announces Closing of Private Placement to Advance BC Property

Wallbridge Mining Company Limited is pleased to announce that it has completed a private placement of an aggregate of 1,300,000 units in the capital of the Corporation (the "Units"), at $0.27 (Canadian) per Unit, raising aggregate proceeds of $351,000 (collectively, the "Offering"). Wallbridge will use the funds raised to accelerate the pace of work on its Rogers Creek porphyry copper-gold project in southwestern BC. read more


Source: Wallbridge Mining Company Limited

TurboSonic Selected as Exclusive Supplier for Biofuel Process

TurboSonic Technologies, Inc. , a global leader in the design and supply of industrial air pollution control technologies, today announced receipt of a contract for a SonicKleen(TM) Wet Electrostatic Precipitator system, to control emissions from a new, state-of-the-art waste-to-energy plant in Canada. The waste-to-energy technology supplier has selected TurboSonic as the exclusive supplier of pollution abatement equipment for its biofuel process. The equipment, valued at US$800,000 will be delivered in the current fiscal year. read more

Source: TurboSonic Technologies, Inc.

Centillium Communications Approved for Listing on The Nasdaq Capital Market

Centillium Communications, Inc., a leading provider of highly innovative communications processing technology, today announced that on Aug. 18, 2008, Centillium received notice from the Listing Qualifications Department of The NASDAQ Stock Market, LLC that its application to transfer its common stock to The Nasdaq Capital Market (the "Capital Market") from The Nasdaq Global Market (the "Global Market") was approved. While its common stock traded on the Global Market, Centillium received a deficiency notice from Nasdaq on Feb. 21, 2008, stating that Centillium had a grace period of 180 days, or until Aug. 19, 2008, to cure the deficiency by meeting the $1.00 per share minimum bid price for 10 consecutive trading days. Because Centillium failed to meet the minimum bid price for 10 consecutive days during the grace period, it elected to apply to transfer its common stock to the Capital Market. Upon this transfer, pursuant to the Nasdaq Marketplace Rules, Centillium will receive an additional grace period of 180 calendar days, or until Feb. 17, 2009, to comply with the $1.00 per share minimum bid price rule while on the Capital Market. There can be no assurance that Centillium will achieve compliance with the minimum bid price requirement. Even if Centillium is able to comply with the minimum bid requirement, there is no assurance that in the future Centillium will continue to satisfy other Nasdaq listing requirements, with the result that its common stock may be delisted from the Capital Market. read more

Source: Centillium Communications, Inc.

Solar System to Deliver 164,316 Kilowatt Hours of Electricity Annually

Clear Skies Solar, Inc. , a leading developer of solar energy products and a full-service integration company specializing in the turnkey installation of commercial photovoltaic (PV) solar systems, today announced a Letter of Intent with Hotel Mt. Lassen to install a solar energy system on its Susanville, CA hotel and restaurant.

“An increasing number of hotels are looking at ways to decrease their carbon footprints and conserve natural resources,” said Ezra Green, Chairman and CEO of Clear Skies Solar. “Clear Skies Solar is proud to work with forward-thinking businesses like Hotel Mt. Lassen who are at the forefront of this initiative and recognize the integral role that solar energy will play in both the future of their operations and of the larger global energy market.” read more

Source: Clear Skies Solar, Inc.

CIT Serves as Lead Arranger in Austin Ventures' Acquisition of Delta Rigging & Tools

CIT Group Inc., a leading global commercial finance company, today announced that it served as lead arranger in a $50 million senior secured credit facility to support Austin Ventures’ acquisition of Delta Rigging & Tools, a leading provider of wire rope, rigging and lifting equipment used in energy applications throughout the United States. The financing will also provide working capital and funding for future acquisitions.

“We are pleased to serve as Lead Arranger on the debt financing supporting Austin Ventures in its successful acquisition of Delta Rigging & Tools,” said Peter Gaw, President of CIT Energy. “The transaction further demonstrates our ability to provide flexible financing solutions to support our clients’ growth needs.” read more

Source: CIT Group Inc.

Baja Mining to Take First Delivery of Mining Equipment

Baja Mining Corp., is pleased to announce that the first shipment of major mining equipment for use at its Boleo project is expected to arrive at site in Baja California Sur in August or early September 2008. The equipment will immediately be put into service in development of stockpile benches, access roads to the planned underground portals, and stripping of the open-cut mines and within the tailings impoundment facility. It will also be available for preparation of the process plant site and tailings facility. Subsequent deliveries of the remaining surface mining equipment will be occurring over the balance of 2008; and the first arrival of underground production mining equipment is expected in late December 2008 for startup in first quarter 2009. These initial deliveries are focused on primary mining equipment and include the continuous mining machines, roof bolters and other production machines. read more

Source: Baja Mining Corp.

Atlanta Gold Royalty I, LLC Acquires One Half of One Percent Royalty Interest from Canadian American Mining Company, LLC

Canadian American Mining Company, LLC is pleased to announce the sale of a one half of one percent (.50) Net Smelter Royalty (NSR) currently held in the Atlanta Gold property located in Atlanta, Idaho. The royalty interest was sold to Atlanta Gold Royalty I, LLC for the sum of $1,000,000 U.S. The property is operated by Atlanta Gold (T-ATG) and according to published reports by Atlanta Gold the property should be in commercial production by the first quarter of 2010 and should have initial production of between 40,000 to 50,000 ounces annually. read more

Source: Canadian American Mining Company, LLC

KPMG Corporate Finance LLC Advises Concept Mining on Sale of Its West Virginia-Based Coal Business to ArcelorMittal

KPMG Corporate Finance LLC, a full service, independent, middle-market investment bank, today announced that it was the exclusive advisor for the privately-owned Concept Mining and The Ridge Land Group on the sale of its metallurgical coal business in West Virginia to ArcelorMittal, the world’s largest integrated metals and mining company. The transaction adds in excess of 57 million metric tons of saleable and recoverable coal reserves and resources in the Appalachian region to ArcelorMittal.

“This transaction is representative of a continuing consolidation trend in North American mining and in particular in the Appalachian region,” said Peter Gray, managing director, KPMG Corporate Finance LLC. “With commodity demand and supply factors continuing to support sustainable high commodity prices, the acquisition path that ArcelorMittal is following signifies a wider trend toward integration among the major mining and metals companies.” read more

Source: KPMG Corporate Finance LLC

Sustainable Biodiesel Alliance will release the first national Baseline Practices for Sustainability (BPS) in Biodiesel for public review on August 19

Sustainable Biodiesel Alliance (SBA) headquartered in Austin, Texas will release the first national Baseline Practices for Sustainability (BPS) in Biodiesel for public review on August 19, 2008.
The SBA, a non-profit organization founded in 2006, has created an on-line forum to solicit public feedback and suggestions. The 24-page BPS document is available for 45 days beginning August 19, 2008 at http://www.fuelresponsibly.org/. This is the first national effort at developing biodiesel sustainability practices through a stakeholder work group process.

Over the past year, alliance members worked diligently to develop definitions and standards for sustainability in three key areas: environmental, social and economic concerns. The four work groups (Feedstock, Production, Distribution, End Users) were represented by family farmers, environmental NGOs, representatives from the Environmental Protection Agency, fuel distributors, biodiesel producers, academics, trucking fleets and renewable energy consultants. read more

source :http://www.centredaily.com/

DGAP-News: KTG Agrar brings in good grain harvest

Prices of agricultural commodities expected to rise at year-end 2008

- Over 50,000 tonnes of grain and rape harvested
- 70 percent of the harvest sold at high prices at the beginning of the
year

Hamburg, 20 August 2008 - KTG Agrar AG [ISIN: DE000A0DN1J4] has harvested
roughly 12,500 hectares of its total of approx. 21,500 hectares. In the
past weeks, the company brought in over 50,000 tonnes of grain and rape in
eastern Germany and Lithuania. ‘We are very satisfied with the harvest. We
sold some 70 percent at the beginning of the year, i.e. at much higher
prices than current prices, and can now begin to deliver,’ said Siegfried
Hofreiter, CEO of KTG Agrar. Starting mid-September, organic and
conventional maize and millet will be harvested on the remaining hectares,
thereby concluding the 2008 harvest campaign. read more

source :KTG Agrar AG

Beacon Energy Holdings, Inc. Reports Second Quarter Financial Results

Beacon Energy Holdings, an emerging producer and investor in the developing biodiesel sector, announced its financial results today for the second quarter 2008. For the six month period ended June 30, 2008, the Company reported revenue of approximately $5.1 million and a net loss of approximately $670,000. For the three months ended, June 30, 2008, the Company reported revenue of approximately $5.1 million and a net loss of approximately $375,000.

Commenting on the Company’s results, Dylan K. Remley, Beacon’s President, stated, “We are pleased with the ongoing growth and development of Beacon. During the second quarter of 2008, we completed the acquisition of the former biodiesel production facility of Smithfield Bioenergy in Cleburne, TX (the “Texas Facility”) on May 15, 2008 and a reverse merger with Laurence Associates Consulting, Inc. on June 30, 2008 (the “Merger”). For the 45 day period from May 15, 2008 through June 30, 2008 in which we owned the Texas Facility, we generated in excess of $5 million of revenue. The net loss of approximately $375,000 for the 3 months ended June 30, 2008 is almost entirely attributed to pre-acquisition development expenses and one time costs, including legal and accounting, associated with both the acquisition of the Texas facility and the Merger. Excluding those non-recurring items, on an operating basis our Texas facility performed at approximately a break-even level.” read more

Source: Beacon Energy Holdings, Inc.

Tuesday, August 19, 2008

First Mountain Bancorp Declares Stock Dividend

First Mountain Bancorp announces that on August 18, 2008, the Board of Directors of First Mountain Bancorp, parent company of First Mountain Bank, declared a stock dividend of 3% on each of its issued and outstanding common shares payable October 10, 2008, to shareholders of record at the close of business on September 15, 2008.

As previously reported the Company continues to experience positive earnings results and strong capital levels.

“This is the eighth consecutive annual dividend of the Company, and we are pleased that our earnings and financial position make this distribution possible,” stated Jack Briner, CEO. read more

Source: First Mountain Bancorp

Sims Group Limited Full Year Earnings Update

On 18 June 2008, the Company advised that its full year Earnings would exceed consensus Earnings of $314m by more than 10-15%, after having made allowance for any extraordinary expenses or other costs that may be recorded in connection with the Metal Management merger. Following that announcement, nine leading analysts updated their Earnings forecast for the year ending 30 June 2008 resulting in a revised consensus forecast of $364 million.

In the preparation of its audited accounts, the Company has determined that profit after tax will increase by approximately $32m due to a combination of a non-cash formation gain resulting from the AIFRS accounting for the commencement of the SA Recycling Joint Venture in Southern California and one-off costs associated with the Metal Management merger. read more

Source: Sims Group Limited

Reed’s, Inc. announces its financial results for the three and six months ended June 30, 2008.

Reed’s, Inc. today announced its financial results for the three and six months ended June 30, 2008.

Second Quarter 2008 Highlights:

* Net sales increased 32% to $4.6 million from $3.5 million in the same period last year
* Gross profit increased 87% to $1.3 million from $0.7 million in the same period last year
* Gross margin expanded 820 basis points to 27.8% from 19.6% in the second quarter of 2007
* Operating expenses decreased 110 basis points to 37.4% of net sales from 38.5% of net sales in the second quarter of 2007
* Net loss attributable to common stockholders decreased to $515,000 compared to loss of $721,000 in the prior year period
* Increased its available borrowing capacity up to $3.0 million. The amount available under the credit facility is based on accounts receivable and inventory levels.

“We are very pleased with our second quarter results which mark another quarter of strong revenue growth and demonstrate a measurable improvement in profitability,” commented Chris Reed, Founder and Chief Executive Officer. “During the second quarter, we achieved year-over-year sales growth of approximately 32%, continued to expand our presence and shelf space within mainstream grocery store accounts and continued to build international awareness of Reed’s brands. We are especially pleased to deliver this strong top-line growth, without compromising profitability. During the second quarter our 2008 strategic initiatives aimed at increasing our presence in national grocery chains, improving gross margins and rationalizing expenses began to take hold. This is evidenced by the expansion of our sales, the improvement in our gross margin to 27.8% and the sequential reduction in operating expenses by approximately $700,000 from the first quarter of 2008, the combination of which resulted in a large decrease in our net loss to approximately $0.5 million. We expect this trend to continue as we reduce operating expense by an additional $300,000 to $400,000 in the third quarter of 2008.” read more

Source: Reed's, Inc.

FORTUNE Small Business and The Houston Chronicle Name KMG to Business Lists

KMG Chemicals, Inc., a global provider of specialty chemicals in niche markets, today announced that its Board of Directors declared a quarterly cash dividend of $0.02 per common share. The dividend is payable on September 26, 2008 to shareholders of record as of September 12, 2008. As of August 19, 2008, there were approximately 11.0 million common shares outstanding.

Separately, the Company announced that for the second consecutive year, it was named to the FORTUNE Small Business’ “FSB 100” list of America’s fastest-growing small public companies, ranking #72. KMG was also #45 on The Houston Chronicle’s “Chronicle 100,” which ranks the top 100 leading companies in Houston. read more

Source: KMG Chemicals, Inc.

Hewlett-Packard profit jumps 14 pct in third quarter, tech titan faces stronger PC competition

Hewlett-Packard Co. said Tuesday that its fiscal third-quarter profit jumped 14 percent while sales rose 10 percent -- 5 percent if adjusting for currency fluctuations -- as strong laptop sales and a robust international presence lifted the technology bellwether.

THE OUTLOOK: For the fourth quarter, the Palo Alto-based company expects a profit between $1.01 and $1.03 per share, ahead of the $1 that analysts had been forecasting. HP also forecast revenue between $30.2 billion and $30.3 billion in the fourth quarter. Analysts had been expecting $30.2 billion. read more

source:http://biz.yahoo.com/

South Texas Oil Company Announces Second Quarter 2008 Financial Results

South Texas Oil Company, today announced second quarter 2008 financial results.

Second Quarter 2008 Results

The Company reported record oil and gas sales for the quarter-ended June 30, 2008 of $3.8 million, versus $796,000 in the same period in 2007, an increase of 383%. Total revenues were $3.8 million for the second quarter 2008, versus $1.3 million in the year-ago period. Drilling services, a revenue line item in previous periods, did not contribute to total revenue in the 2008 quarterly period, but did contribute $522,000 in the second quarter 2007.

The Company reported a net loss for the second quarter 2008 of $6.8 million, or $0.42 per share, compared with a net loss of $800,000, or $0.07 per share, for the same period in 2007. Included in the second quarter 2008 costs and expenses was a loss from derivatives of $4.3 million, compared to no loss for the same period in 2007. The agreements which generated the losses during the second quarter 2008 were completely offset by additional contracts purchased at the end of the quarter. Because of the contracts' covered status, the Company does not anticipate that future additional losses will be realized from the contracts that were outstanding during the second quarter 2008. The Company did not engage in derivative transactions during the second quarter 2007.

All per-share amounts are presented on a weighted average basis. At June 30, 2008, 16,017,736 weighted average shares were outstanding. read more

Source: South Texas Oil Company

Bio-Reaction Industries has sell their patented air pollution control systems throughout China

Bio-Reaction Industries has just announced the signing of a license agreement with Beijing Victex Environmental Science and Technology Development Company, LTD to sell their patented air pollution control systems throughout China.

The first two air pollution control systems for VOC (Volatile Organic Compounds) and odor control are currently under construction in northeastern China in the area of Daqing, a large oil producer and manufacturer of other products associated with oil recovery, refineries, chemical by-products production including chemical fertilizers and chemical fibers. The two companies also have several other projects in development. read more

source:http://biz.yahoo.com/

ABB Takes Underground Mining to a New Level

Mine hoist systems are a key component in underground mining. They are the most efficient means for transporting crushed ore to the surface from the mining area hundreds or even thousands of meters below ground. And, they are often the only way of conveying staff and equipment up and down the mine shafts.

Speed, reliability and safety are essential in this demanding round-the-clock process, as the efficiency of the hoist system determines the mine's productivity and eventual profitability.

ABB's showcase hoist systems include installations at an iron ore mine in Kiruna, Sweden, operated by LKAB, a state-owned mining company, and a potash mine in Saskatchewan, Canada, run by Mosaic, a maker of fertilizer. read more

source:http://news.thomasnet.com/

The two countries have agreed to begin negotiations towards what is known in Canada as a Foreign Investment Promotion and Protection Agreement (Fipa)

Canada is moving to safeguard its business interests in Tanzania, in the face of an outcry over the lopsided contracts dished out in the latter's mining sector.

The two countries have agreed to begin negotiations towards what is known in Canada as a Foreign Investment Promotion and Protection Agreement (Fipa).

The bilateral Fipa aims to provide "greater predictability and certainty" for Canadian investors considering investment opportunities in Tanzania. read more

source:http://allafrica.com/

the addition of the "Atlantic Copper, S.A. Mining SWOT Report" company profile to their offering.

Research and Markets has announced the addition of the "Atlantic Copper, S.A. Mining SWOT Report" company profile to their offering.

Atlantic Copper, S.A. SWOT Report is a comprehensive report of the company including both quantitative and qualitative research. The report examines the company's business structure and operations, history and products. The report provides strategic insight on the company in the form of a SWOT analysis. This studies the major internal factors which will affect the company's performance e.g. size, strength, cost, revenues and strategy as well as external factors e.g. competitive positioning and industry trends. There is a forward-looking discussion of the opportunities the company can exploit and the threats facing it. read more

source:Global Markets Direct

BHP relents on longwall mining

BHP Billiton has decided to restrict its search for coal under some of Australia's richest farming country, at Caroona, near Gunnedah, but farmers are continuing a 20-day blockade against the mining giant.

In a shareholders' report to be published today, the company says environmental concerns are the main reason for narrowing its search to ridge country surrounding the Liverpool Plains.

The news is scant comfort to the farmers whose land is still being targeted for coal mining against their will.

"With the effect of the subsidence from longwall coal mining, it would probably make farming as we know it impossible within 10 years," said Tim Duddy, a landholder whose family has farmed in the district for six generations. read more

source:http://www.smh.com.au/

Xstrata PLC temporarily suspends mining in DomRep

Dominican Republic - Anglo-Swiss mining company Xstrata PLC said Tuesday it will suspend operations in the Dominican Republic for four months because of high oil costs and a drop in nickel prices.

Xstrata PLC, which owns Canada's former Falconbridge Ltd., said the break will allow the company to switch its power source from oil to coal, develop an energy-conversion project and explore new land for mining. No one will be laid off, spokesman Luis Rosado said. read more

source: http://www.canadianbusiness.com/

The 13th Finance Commission, headed by Vijay Kelkar, is in the process of reviewing the devolution formula.

Commerce Ministry has asked the 13th Finance Commission to evolve a scheme for reimbursing exporters the state level taxes, which add 3-12 per cent to shipment costs making Indian products uncompetitive in the global market.

The Commerce Ministry has submitted a detailed presentation to the Finance Commission suggesting, among other things, that the Centre should be allowed to reimburse state taxes to exporters and later adjust the same from states' allocations in the resource pool.

"An appropriate provision for this may be incorporated in the final recommendations of the Finance Commission," the communication from the Commerce Ministry said. read more

source : http://economictimes.indiatimes.com/

The potential benefits of harvesting wind power

The Herkimer County Finance Committee on Monday heard a presentation on the financial impact of constructing wind turbines in local municipalities.
Keith Pitman, president and chief executive officer of Empire State Wind Energy (ESWE) based in Oneida County, provided an estimate of the potential benefits of harvesting wind power.
As opposed to other wind power payment in lieu of taxes (PILOT) programs, Pitman explained that his company, which he founded in partnership with New York entrepreneur Tom Golisano, offers net revenue sharing as part of its program.
The breakdown of this energy-sale profit sharing, thus far, involves anywhere from a 50 percent divide between developer and municipality; to 75 percent for the municipality and 25 percent for the developer, according to Pitman.
ESWE currently has eight formal agreements in place with townships in Wayne, Yates and Ontario counties, with none having completed projects, he said. read more

source : http://www.herkimertelegram.com/

A new finance director for the Blair County's Finance was officially hired on this Tuesday

Blair County Leaders are changing the way the County handles its money. A new finance director for the county was officially hired on this Tuesday.

Since the current Board of Blair County Commissioners took office back in January, they've been working to restructure the way the county handles its financial affairs. Another big step in that direction has been was taken. The Blair Commissioners say they are still a few weeks away from really getting to work on their spending plan for the coming year. But the ground work is being laid to keep tight controls over all county spending.

A draft report from the County's \Consultant is expected this week. That will be an over view of where the county stands and some recommendations as to how we can get to the end of the year incurring the least expenses according to Blair County Commissioner Diane Meling. read more

source : http://wearecentralpa.com/

Full-service investment dealer Raymond James Ltd. has released an extensive report on the Latin America mining landscape and investment opportunities

Full-service investment dealer Raymond James Ltd. has released an extensive report on the Latin America mining landscape and investment opportunities in the region.

The 165-page report is a detailed analysis of seven countries in the region and their relative attractiveness for mining investment, as well as investment cases for companies in the Raymond James research coverage universe that have exposure to the region.

“Latin America remains integral to the mining industry’s ability to meet the growing global demand for base metals and minerals,” says Tom Meyer, Raymond James analyst. “Our report is meant to provide investors with an overview of various mining jurisdictions in the region, as well as our best investment ideas. It underscores the fact that Latin America continues to be an important destination for mining investment.” read more

source : http://www.investmentexecutive.com/