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Orofino Gold Corp. has several Gold development properties in Colombia, a current hot spot of gold production in the world markets.
ORFG is please to announce that the Board Of Directors have appointed Mr. Ning Shi Long as Chairman of the Board and Executive Director.
Mr. Ary Fernando Pernett Marque has been appointed as the new President/CEO & Executive Director of Orofino Gold Corp. See full resume on ORFG's website.
Mr. Pernett will be responsible for all affairs of ORFG in Colombia. Mr. Pernett has 30 years of experience working in the Colombian Mining sector and will over the near term choose his new development team to assist in the development of the company’s Senderos de Oro gold camp in the Sur de Bolivar Colombia.
ORFG and Mr. Pernett will continue to work with Contexto Legal of Medellin and Bogota, ORFG ’s legal counsel as well as Discovery Consultants, (The Qualified 43-101 team) Canada, as they have in the past. The new team will now aggressively pursue other known Gold occurrences in the companies Senderos de Oro Gold Camp while the development team works to improve production at La Azul Mine.
The Board of Director’s have accepted resignation of John T. Martin, former Managing Director of the Company. His resignation is effective immediately. ORFG wish him well and success in future endeavors.
With 2011 just days away, GreenHouse Holdings, Inc. (Pinksheets:GRHU), a leading provider of energy efficiency solutions and sustainable infrastructure products, encourages and assists companies of all sizes with efforts to identify and adopt strategies that fully incorporate the various incentive programs offered through their local utilities. These programs provide significant monetary incentives for acting on projects that improve energy efficiency and pays consumers for participating in periodic consumption reductions (Demand Response or DR) — increasing a business’ bottom line for the coming year.
Automated Demand Response (ADR) is one of several DR programs available to commercial and industrial customers of California’s three Investor Owned Electric Utilities. The ADR programs as delivered by GreenHouse provides participating utility customers with the investigative, engineering and installation solutions (hardware and software) required to conduct a fully-automated (hands-free) load-shed. GreenHouse is uniquely organized with a professional and technical staff capable of delivering end-to-end ADR solutions.
“It’s going to be a very exciting year for economically sustainable energy and renewable fuels,” commented John Galt, Executive Chairman and founder of GreenHouse Holdings. “Rather than just being a growth year for renewable energy companies, we see 2011 as being the year of the Energy Efficiency Company; we want businesses to know that even small efforts to be sustainable through stewardship, can produce a persistent ROI over the longer term.”
Along with Demand Response, GreenHouse provides energy efficiency services for customers including General Dynamics, Gulfstream Aerospace, PepsiCo and its burgeoning relationship with the United States Army. The U.S. military continues to embrace and expand its use of green solutions on its bases throughout the world, enhancing the fast-tracked penetration of a domestic consumer market for sustainable products and services.
The question most frequently asked of GreenHouse by its clients is how to reduce (utility-influenced) operational costs by managing consumption. In an effort to be more sustainable or green, GreenHouse suggests companies adapt the following strategies and tactics to their business plan for 2011:
* When starting a consumption-related utility incentive program, partner with only highly reputable companies who know all of the facts; bad choices can actually escalate costs
* Use the latest in lighting technology and embrace proper lighting techniques for businesses
* Automation — the backbone of the energy efficiency process worldwide. Install an Automated Demand Response program (ADR) for energy efficiency and load curtailment
* Renewable Fuels (wind, solar, etc.) — Part of the equation, not the solution
“When companies have an Automated Demand Response system in place, and participate in load-shed events, they are doing their part to ensure that the region’s electric grid remains as stable as possible during peak demand periods,” commented Galt. “In California, DR programs enable utility customers to shed load based on either commodity pricing signals or urgent reliability needs. Again, in California, auto-DR takes demand response one giant step further; ADR participants often times receive costly automation and/or SCADA systems that not only perform the load-shed measures associated with a curtailment event, these systems are fully capable of providing ongoing energy efficiency benefits and detailed consumption.”
Many experts in the energy field agree that small changes often have the largest impact. For example, commercial buildings can easily raise (or lower during the winter) the set points on HVAC systems by a few degrees (+/-) and have a significant financial impact over their entire portfolio. Many well-known companies such as Wal-Mart and Target are reaping noteworthy benefits from simple measures such as this. GreenHouse also advises businesses to keep conditioned air inside the spaces meant to be conditioned. For example, a retailer may operate with their doors wide open on a hot summer day, allowing cool air to escape the space intended to be cooled off. That’s obviously a wasteful practice of significant proportions. Businesses should spend its cost savings on growing the business, not inflating their utility bills.
Another efficiency solution and sustainable infrastructure improvement a business should consider in 2011 is investing in solar covered parking. Reducing the influence of the elements on a parked vehicle significantly reduces “heating up or cooling down” time, resulting in a reduction in fuel consumption. Much more energy (fuel) is required to cool a car from 120Â° to 100Â° than 90Â° to 70Â°. Additionally, the energy produced by the solar PV can offset the requirements for utility-provided electricity as well as generate income through selling excess capacity to the utility. GreenHouse also recommends using Cool-Wall products for reducing the impact of radiant heat on the exposed surfaces of a building. Cool-Wall is documented to last much longer than traditional paints which potentially will reduce significant building maintenance expenses.
GreenHouse offers consulting services wherein a business can outsource all of the “heavy lifting” and planning that is required to be as energy efficient an operation as possible. Ideally, companies will employ an “Energy Czar” and tie their compensation to the financial benefits gained from implementing feasible sustainability practices. GreenHouse can help a business establish this position from candidate selection and training to delivering ready-to-go Strategic Energy Plans for a facility or portfolio. Either way, for businesses both large and small, companies like GreenHouse can support that effort.
“It doesn’t have to be an overnight leap into technology; it’s about thinking smarter about the resources we have and figuring out what works best for your business,” adds Galt. “It’s not going to be sustainable if it isn’t feasible or it’s overly burdensome on the business.”
GreenHouse Holdings, Inc., (Pinksheets:GRHU) (”GreenHouse”) a leading provider of energy efficiency solutions and sustainable infrastructure products, recently announced that it has been engaged to utilize Southern California Edison’s (SCE) Automated Demand Response (Auto-DR) program in Gulfstream Aerospace Corporation’s Long Beach, CA facility. GreenHouse is a qualified service provider of SCE’s Auto-DR program, providing site assessment, feasibility studies, project development, engineering, and installation of enabling technologies and complete processing of all incentives.
The Auto-DR program offers significant financial incentives and technical support to SCE customers with automated load control systems that participate in demand response events. Auto-DR uses control systems to automatically achieve specified energy demand reductions (kW and duration) during periods of peak energy consumption. In utilizing the Auto-DR system, Gulfstream will reduce electric consumption during costly peak energy periods when the demand is highest. Additionally, the system provides Gulfstream the ability to reduce operating costs by curtailing the use and purchase of electricity. Gulfstream will then receive financial incentives from SCE.
“Auto-DR is just one of the innovative services Greenhouse offers to help our clients reduce energy consumption by deploying state-of-the-art technology,” says Rob Davis, Vice President of GreenHouse Holdings, Inc. “We are truly honored to be selected by Gulfstream and we are looking forward to the Auto-DR project as the first of many services offered in support of Gulfstream’s corporate energy stewardship initiatives. This project goes to the heart of Greenhouse’s mission to deliver sustainable solutions that reduce energy consumption with a positive return on investment.”
Trinity Industries Inc. (NYSE:TRN) has declared a quarterly dividend of 8 cents per share on its $1.00 par value common stock. The quarterly cash dividend, representing Trinity’s 187th consecutively paid dividend, is payable January 31, 2011 to stockholders of record on January 14, 2011. The Company also announced that its Board of Directors has authorized a new $200 million share repurchase program. This program replaces the Company’s current share repurchase program, under which $132.5 million is available and is set to expire on December 31, 2010. The expiring program originally commenced in 2007 with an authorization of $200 million. Since inception through today, the Company has purchased approximately $67.5 million of its common stock under the program.
Trinity Industries, Inc., through its subsidiaries, provides various products and services for the industrial, energy, transportation, and construction sectors primarily in the United States. Its Rail group manufactures and sells railcars and component parts, such as auto carrier cars, box cars, gondola cars, hopper cars, intermodal cars, specialty cars, and tank cars.
The GEO Group, Inc. (NYSE:GEO) announced a 500-bed expansion of the 2,524-bed New Castle Correctional Facility (the “Facility”) in New Castle, Indiana managed by GEO under a contract with the Indiana Department of Correction (the “Department”). GEO will fund and develop the high-security expansion, which is estimated to cost approximately $23.0 million, under a development agreement with the Indiana Finance Authority and will manage the expansion under an amendment to its existing management contract with the Department. The amendment extends the management contract term, previously due to expire in September 2015, through June 30, 2030, including all renewal option periods. GEO expects that the 500-bed expansion will generate approximately $8.3 million in additional annualized revenues, while meeting GEO’s targeted returns on invested capital.
The GEO Group, Inc. provides government-outsourced services specializing in the management of correctional, detention, and mental health and residential treatment facilities in the United States, Australia, South Africa, and the United Kingdom. It operates various correctional and detention facilities, including maximum, medium, and minimum security prisons; immigration detention centers; minimum security detention centers; and mental health and residential treatment facilities.
American Water Works Company, Inc. (NYSE:AWK) The Arizona Corporation Commission has approved new rates for six of Arizona American Water’s service districts. The ACC approved the increase to fund infrastructure improvements that have been made in the company’s two water and four wastewater systems and to offset increases in infrastructure, operational and maintenance costs based on 2008 adjusted information. The first year revenue increase is approximately $13.1 million, but increases due to a phase-in in the second and third years. The total ongoing revenue increase for all districts approved is approximately $14.7 million dollars.
American Water Works Company, Inc. provides water and wastewater services to residential, commercial, and industrial customers in the United States and Canada. As of December 31, 2009, the company served approximately 16 million people with drinking water, wastewater, and other water-related services in 35 states and two Canadian provinces.
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