Post by sweetredfl on Sept 26, 2007 18:26:00 GMT -5
MINING
biz.yahoo.com/ccn/070926/200709260415453001.html?.v=1
Suramina Appoints J. Patricio Jones as President and CEO - and a Director of the Company effective as of October 1, 2007. Dr. Jones replaces Mr. Paul Conibear who will resign as President and CEO, remaining a Director of the Company.
With the discovery of three tin mines, Sa Da Onca, Sa Da Cacimba and 14 Abril in Rondonia, Brazil, to the credit of teams led by him, Dr. Jones joined the Lundin Group in the late 1980's and was instrumental in the Group's enormous success in Argentina and Chile.
Lukas Lundin, Chairman of Suramina, commented, "We are very pleased to have Patricio join the Board and head up Suramina's operations as President and CEO. His successful track record is unparalleled and he is truly one of the best minefinders in the industry.
Mr. Lundin further commented, "We would like to thank Paul Conibear for his excellent leadership over the past few years and look forward to his continued input in the Company. Paul's resignation as President and CEO will allow him to more fully focus on his role as Senior Vice President - Projects for Lundin Mining Corporation."
Website: www.suramina.com
www.rigzone.com/news/article.asp?a_id=50681
Lundin Gets Approval to Drill 7/4-2 Exploration Well - Lundin Norway AS has received consent to drill exploration well 7/4-2 with the Maersk Giant in the North Sea.
biz.yahoo.com/iw/070926/0307339.html
Cardero and Newmont Propose to Form Strategic Gold Exploration Alliance Targeting NW Argentina
biz.yahoo.com/iw/070926/0307364.html
CCM Research Issues Initial Report on Salazar Resources Ltd. - CCM Research analyst, Mohammad Sharifzadeh, Ph.D., CFA, has written an initiating report on Salazar Resources Ltd.
With an excellent property portfolio, good geopolitical positioning and a number of strategic corporate and financial partnerships, Salazar has positioned itself to be a strategic player in Ecuador.
website: www.cronuscapitalmarkets.com
www.sharewatch.com/story.php?storynumber=36899
Sector Snap: Railroad operators rise - Shares of major railroad operators rose in trading Wednesday, as
Canadian National Railway Co. agreed to the $300 million acquisition of a Midwest regional rail company, continuing consolidation in the sector.
Canadian National said early Wednesday it will take over a majority of the assets of railroad Elgin, Joliet and Eastern Railway Co. from a subsidiary of United States Steel Corp.
He now expects Canadian Pacific to earn $1.16 per share for 2008, compared with a previous estimate of $1.09 per share. The company earlier this month purchased Dakota, Minnesota & Eastern Railroad Corp., the largest U.S. regional rail operator, for about $1.5 billion in cash.
Consequently, Kartsonas lowered 2008 earnings expectations on the remaining players in the "Big Six": CSX Corp., Burlington Northern Santa Fe Corp., Norfolk Southern Corp. and Canadian National.
Transfer Agents: Computershare Trust Company, Calgary, Alberta
Midwest Uranium Corporation Announces Letters of Intent to Acquire Interest in 74,000 Hectares of Athabasca Basin Uranium Properties
biz.yahoo.com/bw/070925/20070925006692.html?.v=1
biz.yahoo.com/ap/070926/newmont_mining_outlook.html?.v=1
Newmont Mining to Forecast Cost Increase - Newmont Mining CEO to Warn Investors of Cost Increase, Decreasing Reserves
biz.yahoo.com/iw/070926/0307339.html
Cardero and Newmont Propose to Form Strategic Gold Exploration Alliance Targeting NW Argentina
biz.yahoo.com/iw/070926/0307364.html
CCM Research Issues Initial Report on Salazar Resources Ltd. - CCM Research analyst, Mohammad Sharifzadeh, Ph.D., CFA, has written an initiating report on Salazar Resources Ltd.
With an excellent property portfolio, good geopolitical positioning and a number of strategic corporate and financial partnerships, Salazar has positioned itself to be a strategic player in Ecuador.
website: www.cronuscapitalmarkets.com
biz.yahoo.com/iw/070926/0307214.html
Uranium Star Acquires Option for a 50% Interest in Athabasca-Type Unconformity-Gold-Uranium-Copper-Mineralization Property
biz.yahoo.com/iw/070926/0307216.html
Diagem Granted Additional Mineral Claims in the Juina Diamond Province -
An updated map of the Company's mineral properties including the new properties can be found on the Company's website at www.diagem.com.
Temex and Uranium Star will form a 50:50 Joint Venture to further explore the property. Temex retains any diamond rights.
ragingbull.quote.com/mboard/boards.cgi?board=CMKI&read=606609 drs 40
biz.yahoo.com/ccn/070926/200709260415442001.html?.v=1
Mega Uranium Options Forum Uranium's Maurice Point Project, Athabasca Basin, Saskatchewan - on
Forum's 100% owned Maurice Point property, which is located close to Cameco Corporation's Maurice Bay uranium deposit in the Athabasca Basin of northern Saskatchewan.
allafrica.com/stories/200709260592.html
Ghana: Newmont Joins DJSI World - Newmont Ghana Gold Limited has announced that its parent company, Newmont Mining Corporation, has been chosen to be listed on the Dow Jones Sustainability Index World (DJSI World).
Midwest Uranium Corporation
news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://home.businesswire.com/portal/site/google/index.jsp%3FndmViewId%3Dnews_view%26newsId%3D20070925006692%26newsLang%3Den&cid=1121299021&ei=JPb5RtLVO5z40QH6mt23Dg
Mike Magrum
news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.cnw.ca/fr/releases/archive/September2007/25/c5063.html&cid=1121229165&ei=ZPb5RqfONpfC0gGKqfCFDQ
INDICATOR MINERALS INC.
us.rd.yahoo.com/finance/news/rss/story/*http://biz.yahoo.com/iw/070925/0306708.html
biz.yahoo.com/iw/070926/0307139.html
River Hawk Subsidiary to Expand Flight Training Operations - its subsidiary, Profile Aviation Services ("Profile"), intends to expand its flight training operations in Hickory, North Carolina. The expansion will require the Company to procure up to 5 training aircraft. Profile's flight training programs are operated in conjunction with Caldwell Community College of Hudson, North Carolina.
_
BANKING
beta.malaysia.news.yahoo.com/rtrs/20070926/tbs-financial-moves-7318940.html
MOVES-Doughty Hanson, Gartmore, Citi Private Bank
Credit Suisse said George Pavey will join the investment banking department as a managing director and head of European real estate equity capital markets and co-head of EMEA emerging markets ECM.
Chamberlayne joins Gartmore from PricewaterhouseCoopers. CITI PRIVATE BANK - Citi Private Bank EMEA appointed Fernando Lopez to manage its Iberian business and Peter Charrington to manage its Northern European business.
BEN KILLS THE DOLLAR
www.financialsense.com/editorials/navarro/2007/0923.html
_____
SEC
Chris Cox and SEC probing credit rating companies, johnny come lately again
www.bloomberg.com/apps/news?pid=20601087&sid=asjoyqYwSKr4&refer=home
quote.bloomberg.com/apps/news?pid=20601087&sid=aZBZ4Hd1xHxQ
SEC Probes Whether Issuers Pressured S&P, Moody's
www.accountancyage.com/accountancyage/news/2199531/sec-completes-work-gaap-tagging
SEC completes work on US GAAP data tagging - US watchdog takes major step towards simplifying financial data, with completion of tagging project
The tagging of data, using the XBRL computer language, allows investors and analysts to pull out the precise data they need from hundreds of financial reports directly into spreadsheets and web tools.
www.fxstreet.com/news/forex-news/article.aspx?StoryId=9cb1bb4b-9807-4b9d-9647-443387f99e9d
SEC says credit rating agencies under review for possible conflicts of interest
www.sec.gov/news/press/2007/2007-203.htm
SEC Brings Fraud Charges Against San Francisco Hedge Fund Manage
______
MARKETS
www.newyorkbusiness.com/apps/pbcs.dll/article?AID=/20070926/FREE/70926001
Nasdaq, Borse raise bid for OMX
The 3.5 billion euro-offer, coming just a week after Nasdaq and Borse Dubai settled their takeover showdown for OMX, was a response to efforts by a group from Qatar to gain a foothold in the Stockholm-based company
biz.yahoo.com/bw/070926/20070926006114.html?.v=1 GSML
Chairman Sights Article Sourced from Bloomberg Forecasting Gold to Rise for Sixth Straight Week
_
NSS
biz.yahoo.com/iw/070926/0307217.html
BioTech Medics, Inc. CEO Joins Overstock's Pat Byrne in Stock Shorting War
_
WOW!!
PORKING THE PUBLIC FROM EVERY DIRECTION House Panel Passes $2 Billion Tax Rise on Vacation-Home Sales
Sept. 26 (Bloomberg) -- The House Ways and Means Committee, seeking revenue to help homeowners in foreclosure, unanimously approved higher taxes on the sale of vacation homes
The panel adopted a Democrat-drafted provision that would make it harder for owners of second homes to exclude as much as $500,000 in profit from capital gains by moving into their houses for at least two years before a sale
www.bloomberg.com/apps/news?pid=20601087&sid=aL5rqw8G79bw&refer=home
Assets under management rose 27 percent from a year earlier to a record $796 billion in the third quarter, Goldman reported last week. That figure includes about $40 billion in hedge funds. Global Alpha accounts for about $6 billion, down from about $10 billion in January.
biz.yahoo.com/bizj/070926/1526427.html?.v=1 Steve Case, David Pottruck, others creating new credit card - The RevolutionCard will feature an unusual security element: no customer name or account number on the card. Instead, the so-called "anonymous" credit card uses PIN-based encrypted technology.
The financing was led by Citigroup Inc., (NYSE: C - News) Morgan Stanley (NYSE: MS - News) and Deutsche Bank as well as Leonsis and Revolution. Citi is also making a lending commitment so Revolution Money can extend credit to prime, or creditworthy, customers.
biz.yahoo.com/ccn/070926/200709260415453001.html?.v=1
Suramina Appoints J. Patricio Jones as President and CEO - and a Director of the Company effective as of October 1, 2007. Dr. Jones replaces Mr. Paul Conibear who will resign as President and CEO, remaining a Director of the Company.
With the discovery of three tin mines, Sa Da Onca, Sa Da Cacimba and 14 Abril in Rondonia, Brazil, to the credit of teams led by him, Dr. Jones joined the Lundin Group in the late 1980's and was instrumental in the Group's enormous success in Argentina and Chile.
Lukas Lundin, Chairman of Suramina, commented, "We are very pleased to have Patricio join the Board and head up Suramina's operations as President and CEO. His successful track record is unparalleled and he is truly one of the best minefinders in the industry.
Mr. Lundin further commented, "We would like to thank Paul Conibear for his excellent leadership over the past few years and look forward to his continued input in the Company. Paul's resignation as President and CEO will allow him to more fully focus on his role as Senior Vice President - Projects for Lundin Mining Corporation."
Website: www.suramina.com
www.rigzone.com/news/article.asp?a_id=50681
Lundin Gets Approval to Drill 7/4-2 Exploration Well - Lundin Norway AS has received consent to drill exploration well 7/4-2 with the Maersk Giant in the North Sea.
biz.yahoo.com/iw/070926/0307339.html
Cardero and Newmont Propose to Form Strategic Gold Exploration Alliance Targeting NW Argentina
biz.yahoo.com/iw/070926/0307364.html
CCM Research Issues Initial Report on Salazar Resources Ltd. - CCM Research analyst, Mohammad Sharifzadeh, Ph.D., CFA, has written an initiating report on Salazar Resources Ltd.
With an excellent property portfolio, good geopolitical positioning and a number of strategic corporate and financial partnerships, Salazar has positioned itself to be a strategic player in Ecuador.
website: www.cronuscapitalmarkets.com
www.sharewatch.com/story.php?storynumber=36899
Sector Snap: Railroad operators rise - Shares of major railroad operators rose in trading Wednesday, as
Canadian National Railway Co. agreed to the $300 million acquisition of a Midwest regional rail company, continuing consolidation in the sector.
Canadian National said early Wednesday it will take over a majority of the assets of railroad Elgin, Joliet and Eastern Railway Co. from a subsidiary of United States Steel Corp.
He now expects Canadian Pacific to earn $1.16 per share for 2008, compared with a previous estimate of $1.09 per share. The company earlier this month purchased Dakota, Minnesota & Eastern Railroad Corp., the largest U.S. regional rail operator, for about $1.5 billion in cash.
Consequently, Kartsonas lowered 2008 earnings expectations on the remaining players in the "Big Six": CSX Corp., Burlington Northern Santa Fe Corp., Norfolk Southern Corp. and Canadian National.
Transfer Agents: Computershare Trust Company, Calgary, Alberta
Midwest Uranium Corporation Announces Letters of Intent to Acquire Interest in 74,000 Hectares of Athabasca Basin Uranium Properties
biz.yahoo.com/bw/070925/20070925006692.html?.v=1
biz.yahoo.com/ap/070926/newmont_mining_outlook.html?.v=1
Newmont Mining to Forecast Cost Increase - Newmont Mining CEO to Warn Investors of Cost Increase, Decreasing Reserves
biz.yahoo.com/iw/070926/0307339.html
Cardero and Newmont Propose to Form Strategic Gold Exploration Alliance Targeting NW Argentina
biz.yahoo.com/iw/070926/0307364.html
CCM Research Issues Initial Report on Salazar Resources Ltd. - CCM Research analyst, Mohammad Sharifzadeh, Ph.D., CFA, has written an initiating report on Salazar Resources Ltd.
With an excellent property portfolio, good geopolitical positioning and a number of strategic corporate and financial partnerships, Salazar has positioned itself to be a strategic player in Ecuador.
website: www.cronuscapitalmarkets.com
biz.yahoo.com/iw/070926/0307214.html
Uranium Star Acquires Option for a 50% Interest in Athabasca-Type Unconformity-Gold-Uranium-Copper-Mineralization Property
biz.yahoo.com/iw/070926/0307216.html
Diagem Granted Additional Mineral Claims in the Juina Diamond Province -
An updated map of the Company's mineral properties including the new properties can be found on the Company's website at www.diagem.com.
Temex and Uranium Star will form a 50:50 Joint Venture to further explore the property. Temex retains any diamond rights.
ragingbull.quote.com/mboard/boards.cgi?board=CMKI&read=606609 drs 40
biz.yahoo.com/ccn/070926/200709260415442001.html?.v=1
Mega Uranium Options Forum Uranium's Maurice Point Project, Athabasca Basin, Saskatchewan - on
Forum's 100% owned Maurice Point property, which is located close to Cameco Corporation's Maurice Bay uranium deposit in the Athabasca Basin of northern Saskatchewan.
allafrica.com/stories/200709260592.html
Ghana: Newmont Joins DJSI World - Newmont Ghana Gold Limited has announced that its parent company, Newmont Mining Corporation, has been chosen to be listed on the Dow Jones Sustainability Index World (DJSI World).
Midwest Uranium Corporation
news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://home.businesswire.com/portal/site/google/index.jsp%3FndmViewId%3Dnews_view%26newsId%3D20070925006692%26newsLang%3Den&cid=1121299021&ei=JPb5RtLVO5z40QH6mt23Dg
Mike Magrum
news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.cnw.ca/fr/releases/archive/September2007/25/c5063.html&cid=1121229165&ei=ZPb5RqfONpfC0gGKqfCFDQ
INDICATOR MINERALS INC.
us.rd.yahoo.com/finance/news/rss/story/*http://biz.yahoo.com/iw/070925/0306708.html
biz.yahoo.com/iw/070926/0307139.html
River Hawk Subsidiary to Expand Flight Training Operations - its subsidiary, Profile Aviation Services ("Profile"), intends to expand its flight training operations in Hickory, North Carolina. The expansion will require the Company to procure up to 5 training aircraft. Profile's flight training programs are operated in conjunction with Caldwell Community College of Hudson, North Carolina.
_
BANKING
beta.malaysia.news.yahoo.com/rtrs/20070926/tbs-financial-moves-7318940.html
MOVES-Doughty Hanson, Gartmore, Citi Private Bank
Credit Suisse said George Pavey will join the investment banking department as a managing director and head of European real estate equity capital markets and co-head of EMEA emerging markets ECM.
Chamberlayne joins Gartmore from PricewaterhouseCoopers. CITI PRIVATE BANK - Citi Private Bank EMEA appointed Fernando Lopez to manage its Iberian business and Peter Charrington to manage its Northern European business.
BEN KILLS THE DOLLAR
www.financialsense.com/editorials/navarro/2007/0923.html
_____
SEC
Chris Cox and SEC probing credit rating companies, johnny come lately again
www.bloomberg.com/apps/news?pid=20601087&sid=asjoyqYwSKr4&refer=home
quote.bloomberg.com/apps/news?pid=20601087&sid=aZBZ4Hd1xHxQ
SEC Probes Whether Issuers Pressured S&P, Moody's
www.accountancyage.com/accountancyage/news/2199531/sec-completes-work-gaap-tagging
SEC completes work on US GAAP data tagging - US watchdog takes major step towards simplifying financial data, with completion of tagging project
The tagging of data, using the XBRL computer language, allows investors and analysts to pull out the precise data they need from hundreds of financial reports directly into spreadsheets and web tools.
www.fxstreet.com/news/forex-news/article.aspx?StoryId=9cb1bb4b-9807-4b9d-9647-443387f99e9d
SEC says credit rating agencies under review for possible conflicts of interest
www.sec.gov/news/press/2007/2007-203.htm
SEC Brings Fraud Charges Against San Francisco Hedge Fund Manage
______
MARKETS
www.newyorkbusiness.com/apps/pbcs.dll/article?AID=/20070926/FREE/70926001
Nasdaq, Borse raise bid for OMX
The 3.5 billion euro-offer, coming just a week after Nasdaq and Borse Dubai settled their takeover showdown for OMX, was a response to efforts by a group from Qatar to gain a foothold in the Stockholm-based company
biz.yahoo.com/bw/070926/20070926006114.html?.v=1 GSML
Chairman Sights Article Sourced from Bloomberg Forecasting Gold to Rise for Sixth Straight Week
_
NSS
biz.yahoo.com/iw/070926/0307217.html
BioTech Medics, Inc. CEO Joins Overstock's Pat Byrne in Stock Shorting War
_
WOW!!
PORKING THE PUBLIC FROM EVERY DIRECTION House Panel Passes $2 Billion Tax Rise on Vacation-Home Sales
Sept. 26 (Bloomberg) -- The House Ways and Means Committee, seeking revenue to help homeowners in foreclosure, unanimously approved higher taxes on the sale of vacation homes
The panel adopted a Democrat-drafted provision that would make it harder for owners of second homes to exclude as much as $500,000 in profit from capital gains by moving into their houses for at least two years before a sale
www.bloomberg.com/apps/news?pid=20601087&sid=aL5rqw8G79bw&refer=home
Assets under management rose 27 percent from a year earlier to a record $796 billion in the third quarter, Goldman reported last week. That figure includes about $40 billion in hedge funds. Global Alpha accounts for about $6 billion, down from about $10 billion in January.
biz.yahoo.com/bizj/070926/1526427.html?.v=1 Steve Case, David Pottruck, others creating new credit card - The RevolutionCard will feature an unusual security element: no customer name or account number on the card. Instead, the so-called "anonymous" credit card uses PIN-based encrypted technology.
The financing was led by Citigroup Inc., (NYSE: C - News) Morgan Stanley (NYSE: MS - News) and Deutsche Bank as well as Leonsis and Revolution. Citi is also making a lending commitment so Revolution Money can extend credit to prime, or creditworthy, customers.