Global Hunter Corp. (TSX.V: BOB) (FSE:G5D) currently operates an 18,000 + hectare land package in the coastal belt of Chile�s Andean Cordillera the �Chilean Iron-Copper Belt.
The Andes rose to fame for its mineral wealth during the Spanish conquest of South America; Although the Andean Amerindian people crafted ceremonial jewelry of gold and other metals the mineralization of the Andes were first mined in large scale after the Spanish arrival. Potos� in present-day Bolivia was one of the principal mines of the Spanish Empire in the New World. R�o de la Plata and Argentina derive their names from the silver of Potos�.
Currently, mining in the Andes of Chile and Peru, place these countries as the 1st and 3rd major producers of copper in the world. The Bolivian Andes produce principally tin although historically silver mining had a large impact on the economy of 17th century Europe.
There is a long history of mining in the Andes, from the Spanish silver mines in Potos� in the 16th century to the vast current porphyry copper deposits of Chuquicamata and Escondida in Chile and Toquepala in Peru. Other metals including iron, gold and tin in addition to non-metallic resources are also important.
For More Information Go To: www.globalhunter.ca
American Video Teleconferencing Corp. (Pink Sheets:AVOT) has hired a French speaking geologist to help search for rare earth claims in the Mekinac Township, province of Quebec, east central Canada. The documentation of the Quebec Department of Mines for Rare Earths is still not available in computers.
American Video believes that this industry; rare earth minerals is at the stage where it will require a great deal of attention, and the company is looking to expand its holdings. The Government of Quebec hasn’t conducted any real survey of this area from many years. American Video is searching also for a service provider who helps in an air borne survey, and this survey is in search of future acquisitions. American Video said that the area is still untouched and has been inactive since 1955 when high grade rare earth samples were taken.
These claims are 120 miles east of Montreal QC and 50 miles north of Three Rivers QC. For mining exploration the Province of Quebec is rated number one in the world and the property is accessible all year round with roads, power and water nearby.
China has been one of the main supplier to the US of the Earth’s rare mineral supplies, with these rare minerals American manufacturers are able to make high-tech products such as cell phones, wind turbines, and guided missiles, but all that might come to a screeching halt now that China has stopped supplying the material, the New York Times has reported.
In the wake of China’s decision, America now must look for other sources, that will be more reliable for our future needs, and American Video Teleconferencing Corp. may just be the new source.
The Board of Directors of Nicor Inc. (NYSE:GAS) declared a quarterly common stock dividend of 46.5 cents per share, payable February 1, 2011, to stockholders of record on December 31, 2010. This payment continues the annual rate of $1.86 per share and represents the 228th consecutive quarterly dividend payment by the company. A dividend of 62.5 cents per share of 5.00% convertible preferred stock was also declared payable February 1, 2011.
Nicor Inc., through its subsidiaries, engages in natural gas distribution business in the United States. The company distributes natural gas to approximately 2.2 million residential, commercial, and industrial customers in northern Illinois. It also provides natural gas storage and transmission-related services to marketers and other gas distribution companies.
Thomas & Betts Corp. (NYSE:TNB) announced on November 22, 2010 that it had completed the divestiture of its non-strategic communications products business to Belden Inc. for cash consideration of $78 million. The communications products offering includes coaxial cable drop connectors, pole line hardware and telecom enclosures sold under the Snap-N-Seal�, LRC�, Diamond� and Kold-N-Klose� brand names. The business, which is included in the company�s global Electrical segment, generated approximately $45 million in sales and approximately $0.09 earnings per diluted share for the first nine months of 2010.
Thomas & Betts Corporation designs, manufactures, and markets electrical components for industrial, construction, utility, and communications markets in the United States, Canada, and Europe. It operates in three segments: Electrical; Steel Structures; and Heating, Ventilation, and Air-Conditioning (HVAC). The Electrical segment offers connectors, components, and other products for industrial, construction, utility, and communications applications.
Saul Centers Inc. (NYSE:BFS) announced its operating results for the quarter ended September 30, 2010. Total revenue for the three months ended September 30, 2010 (�2010 Quarter�) decreased 1.7% to $39,551,000 compared to $40,235,000 for the three months ended September 30, 2009. Operating income, which is net income available to common stockholders before loss on early extinguishment of debt, gains on property dispositions, acquisition related costs, income attributable to the no controlling interest and preferred stock dividends, decreased 8.2% to $10,411,000 for the 2010 Quarter compared to $11,344,000 for the 2009 Quarter, primarily due to a single-location office tenant default. Net income increased 36.6% to $15,503,000 for the 2010 Quarter compared to $11,349,000 for the 2009 Quarter primarily due to a $3,591,000 gain on the sale of the Company�s Lexington property and a gain on casualty settlement of $1,700,000 arising from the excess of estimated insurance proceeds over the carrying value of assets damaged during a severe hail storm at French Market. All of the insurance proceeds will be used to restore the damaged assets. Net income available to common stockholders was $9,046,000, or $0.49 per diluted share, for the 2010 Quarter compared to $5,822,000, or $0.32 per diluted share, for the 2009 Quarter.
Saul Centers, Inc. operates as a real estate investment trust in the United States. The company, through its subsidiaries, engages in the ownership, operation, management, leasing, acquisition, renovation, expansion, development, and financing of community and neighborhood shopping centers and office properties, primarily in the Washington, DC/Baltimore metropolitan area.
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