TMCnet News
Updates for Metals Companies, SILA.OB, CDE, FCX, & ROCK from Stock-PR.comStock-PR Reporting FREE Daily Stock Alerts From Stock-PR.com ________________________________________ Gold American Mining Corp.(SILA.OB) is a publicly traded gold exploration company focused on competitive, ongoing acquisition and discovery of holdings with a potential of producing rich precious metals. Gold American looks for an expansion in regions with firm political affairs, sound economy and an affable business atmosphere. It's not just a change in name, but also a dramatic change in performance! Gold American Mining Corp now known as SILA, is showing a stunning improvement in performance over the last few weeks. The share price has changed from a positive value of $0.45 to a even more positive $1.05, the positive change is beckoning investors to look more closely at the company. Mr. Johannes Petersen- the president of Gold American has worked as a manger as well as director in various private as well as public trading companies. The proficient President, has a background of working in gold, oil, gas, and diamond companies for a long time, he has sufficient skills to pilot the team. The managers, exploration experts and production experts with strong skill and full backgrounds, form a pool of expertise which aims to take the company to the highest point in the hierarchy of achievements in the upcoming years. 2010 appears to be a good year for Gold American. Gold American successfully raised $500,000 in equity funds in the first six months without an increase in the debt equity ratio. The equity funds generated is expected to be utilized for meeting the exploration targets of the financial year 2010 and to take advantage of the commodity markets. Gold is a gift that just keeps on being given. Consultancy reports reveal that gold demand has doubled over the year 2009, increasing the investment in gold all over the world. The accumulated figure of gold investment touched $60 billion in the year 2009. In the year 2010, the value of gold increased five times as compared to its value of 2001. The U.S geographical survey reveals that the demand of gold has increased for the last two years, leading to a shortage of gold as compared to its demand. This proves that more explorations must be performed. The Gold Mining Corporation has enough potential to explore and to fill this gap in demand and supplies. On 11th May 2010, Gold American reported its decision to enter into an equity investment of $7.5 million with the European institutional investment who intends to support several mining ventures. Until now Gold American has received $300,000 and plans to intelligently invest the rest of the sum in their acquisition and exploration strategy. Coeur d'Alene Mines Corporation (NYSE:CDE) disclosed that its flagship Rochester mine and employees were recognized with major 2010 safety awards presented for outstanding achievement by the Nevada Mining Association (NVMA). Rochester remains on track to further extend its mine operations later this year, with additional silver and gold recovery beginning in 2011. The NVMA presented Coeur Rochester its 2010 1st Place Safety Achievement Award for the Open Pit -- Small Mine category. In June, the mine passed a significant safety milestone by operating three years without a lost time accident or reportable incident. Rochester Mine: In addition, Coeur Rochester employee Richard Wagner received the NVMA Individual Safety Award given to a safety professional. Rich directs the mine's safety and loss control efforts., He has been with Coeur at the Rochester Mine for over thirteen years, the last six years in safety. Wayne Maitaalso received the NVMA Individual Safety Award given to a supervisor. Wayne supervises the leach crew. He has been with Rochester for over thirteen years, the last five years as a Leadman/Supervisor. Rochester has produced over 125 million ounces of silver and over 1 million ounces of gold in 25 years of operations. In 2009, the mine produced 2.2 million ounces of silver and 12,663 ounces of gold. The mine is preparing to mine new ore zones this year which are expected to extend mine life by an additional six years with average additional production of 2.5 million ounces of silver and 33,000 ounces of gold. Silver and gold mineral reserves at the beginning of the year totaled 25.9 million ounces silver and 232,000 ounces gold. Coeur d'Alene Mines Corporation is one of the world's leading silver companies and also a significant gold producer. Coeur is also a recognized leader in environmental stewardship and worker safety, with nine national and international awards earned over the past year. Coeur's three new long-life mines include the San Bartolomé silver mine in Bolivia which began operations in 2008, the Palmarejo silver/gold mine in Mexico, which began operations in 2009, and the Kensington gold mine in Alaska, which began production in June of this year. Coeur also owns underground mines in Argentina and one surface mine in Nevada, and owns a non-operating interest in a low-cost mine in Australia. Coeur conducts exploration activities in Alaska, Argentina and Mexico. Coeur common shares are traded on the New York Stock Exchange under the symbol CDE, and the Toronto Stock Exchange under the symbol CDM, and its CHESS Depositary Interests are traded on the Australian Securities Exchange under symbol CXC. Freeport-McMoRan Copper & Gold Inc.(NYSE: FCX) declares a cash dividend of $0.30 per share payable on August 1, 2010 to holders of record as of July 15, 2010 for its common stock. As previously announced in April 2010, FCX's Board of Directors authorized an increase in the annual cash dividend on its common stock from $0.60 per share to $1.20 per share, payable quarterly at a rate of $0.30 per share. The declaration and payment of dividends is at the discretion of FCX's Board of Directors and will depend on FCX's financial results, cash requirements, future prospects, and other factors deemed relevant by the Board. FCX is a leading international mining company with headquarters in Phoenix, Arizona. FCX operates large, long-lived, geographically diverse assets with significant proven and probable reserves of copper, gold and molybdenum. FCX has a dynamic portfolio of operating, expansion and growth projects in the copper industry and is the world's largest producer of molybdenum. FCX's portfolio of assets includes the Grasberg mining complex, the world's largest copper and gold mine in terms of recoverable reserves, significant mining operations in the Americas, including the large scale Morenci and Safford minerals districts in North America and the Cerro Verde and El Abra operations in South America, and the Tenke Fungurume minerals district in the Democratic Republic of Congo. Freeport-McMoRan Copper & Gold Inc. is an international mining industry leader based in North America with large, long-lived, geographically diverse assets and significant proven and probable reserves of copper, gold and molybdenum. USP Structural Connectors, a Gibraltar Industries, Inc. (NASDAQ:ROCK) company, and Structural Soft, LLC reported that they have entered into an agreement under which USP has acquired an equity interest in Structural Soft. Structural Soft has recently introduced an innovative lateral design software, LateralWorx 2010. Developed specifically for wood-framed structures in high wind and seismic environments, this versatile program for single and multi-family homes and light commercial buildings offers engineers significant time savings in the calculation of lateral loads and design of shear walls. LateralWorx is an integral part of the BuildingWorx whole-house design platform which is the most comprehensive and intuitive set of structural design tools for the light-frame construction industry to date. The next module to be released is FramingWorx which offers vertical load analysis and framing design for the whole building. It is fully integrated with LateralWorx and offers whole house design capability as a complete solution for engineers, designers, suppliers and dealers. ?This is a very exciting venture for USP. We see the growing power of automation for structural design and the critical role it will play in the future. The speed and efficiency that Structural Soft's new software offers is impressive and USP is committed to this progressive technology,? said Stephen Duffy, President of USP. ?We look forward to the bright future of this partnership with Structural Soft as well as supporting the development of their next innovative product for general framing applications, FramingWorx.? ?Design Efficiency and Value Engineering are two important features of the BuildingWorx family of products that offer significant time and cost savings. FramingWorx and LateralWorx were developed from the ground up by engineers with real world whole-house design capability in mind, from roof to foundation. Structural Soft is adding capabilities to serve different markets from engineers of record to designers in production departments of lumber yards and fabricators,? says Sal Akhter, Vice President of Sales & Marketing for Structural Soft. Gibraltar Industries, Inc. manufactures, processes, and distributes residential and commercial building products worldwide. Gibraltar's building products include bar grating and safety plank gratings for use in walkways, platforms, safety barriers, drainage covers, and ventilation grates; expanded metal products used in walkways, shelving, barriers, patio furniture, and other applications; perforated metal and metal lath products; fiberglass grating; and ventilation products and accessories. Gibraltar also provides storage solutions, including mailboxes and package delivery products; roof edging, underlayment, and flashing products; soffit; drywall corner bead; structural support products; coated coil stock; metal roofing and accessories; steel framing; rain-carrying systems, including gutters and accessories; builders? hardware, shelving, and closet rods; lawn and garden products; and diffusers and fasteners. In addition, Gibraltar offers solutions for contractors involved in the installation of decks; window guard and roof tile clips; and a commercial series gutter protection system. Gibraltar Industries sells its products primarily through its sales personnel and outside sales representatives. It primarily serves home improvement retailers, building product distributors, and commercial and residential contractors. Disclaimer: Our disclaimer is to be read and fully understood before using our site, reading our newsletter or joining our email list. Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment (read more) Rule 17B requires disclosure of payment for investor relations. Crown Equity Holdings, Inc. (CRWE.OB) is a newswire as well as an IR and PR firm. Crown Equity Holdings, Inc. (CRWE.OB), in some cases, provides media advertising and public awareness for both public and private companies, as well as disseminating news. As such, in some cases, when Crown Equity Holdings, Inc. (CRWE.OB) advertises for a particular client, Crown Equity Holdings, Inc. (CRWE.OB) charges an advertising fee which it must disclose under 17B. The fee may be in cash, in free trading stock or in restricted stock. Crown Equity Holdings, Inc. (CRWE.OB), if paid in stock, can and may sell those securities during the advertising period. Crown Equity Holdings, Inc. (CRWE.OB) has received eight thousand dollars in cash from a third party (Winning Media) for (7) days of advertising for Gold American Mining Corp (SILA.OB). Sign Up For Free Stock Alerts At http://stock-pr.com/signup ________________________________________ Be Sure To Visit stock-pr.ning.com ********************************************************************** The views expressed in any article, reports, writings are not necessarily the views of Crown Equity Holdings, Inc. its officers, directors, staff, contractors or employees. They do not represent the views or opinions of this site. Views expressed in articles are those of the author alone. As a community-building service, TMCnet allows user submitted content which is not always proofed by TMCnet editors. If you feel this entry is of inferior quality or wish to report it for some reason, please forward the URL to "webedit [AT] tmcnet [DOT] com" with your comments. |