Natural Resource Partners LP (NYSE:NRP) announced that it has completed the fourth acquisition of coal reserves at the Deer Run mine in Illinois for $70 million from Colt LLC, an affiliate of the Cline Group. The acquisition was funded through NRP's credit facility. NRP has paid $175 million of the $255 million slated for the acquisition of approximately 200 million tons of reserves. Future closings will be associated with the completion of certain milestones relating to the new mine's construction. NRP anticipates completing additional acquisitions totalling $65 million in 2011 and $15 million in 2012.
Natural Resource Partners L.P., through its subsidiaries, engages in the ownership and management of coal properties in Appalachia, the Illinois Basin, and the Northern Powder River Basin regions of the United States.
American Video Teleconferencing Corp. (PINK:AVOT) recenctly announced that American Video has signed an option agreement to acquire two claim blocks in townships of Mekinac and Lajuene, Province of Quebec. Québec is one of the top 10 mineral producers in the world. Specifically, it is: The second largest producer of gold and iron in Canada; the second largest producer of metallic substances in Canada; The second largest producer of industrial minerals and construction materials in Canada; and the world’s second largest producer of niobium.
These claim blocks are approximately 3600 acres in total and are located 120 miles east of Montreal P.Q. and 50 miles north of Three Rivers P.Q. They are accessible year round with infrastructure in the immediate vicinity. The claims adjoin a property that had one of the highest readings of Rare Earths in North America. Sampling in the 1950s gave readings of 48% combined Cerium, Lanthanum, Neoymium and Yttrium. That property has remained dormant for over 50 years but the new owners plan an extensive exploration program this fall.
American Video, after a lengthy search and after careful due diligence, believes this is going to be one of the most active areas for Rare Earths exploration and our holdings are in the same geological setting as the 48% Rare Earths showing. Rare Earths are in huge demand especially in the United States as China is closing off its exports of these strategic metals to less than 5% of its production.
American Video will aggressively continue to search world wide for opportunities in Precious, Base and Rare Earths metal projects. Rare earth elements have become irreplaceable in clean tech such as hybrid and electric car motors, high-efficiency light bulbs, solar panels and wind turbines. They also play a key role in defense technologies such as cruise missiles, radar and sonar and precision-guided weapons. Experts warn that the U.S. depends upon China for almost its entire supply of rare earths, and has let its own rare earth production languish despite having about 15 percent of the world’s reserves. A draft of a Chinese rare earths plan for 2009-2015 states that China’s own industrial demand could soon lead to restrictions or bans on the export of rare earths. The U.S. Geological Survey (USGS) has noted that 91 percent of U.S. consumption of rare earths came from China between 2005 and 2008. Constraints on Chinese exports are creating opportunities for non-Chinese projects.
For more information about this company please visit http://www.orofinogold.com
Crown Equity Holdings Inc. (OTCBB:CRWE) is pleased to report its financial results for the nine month period ending September 30, 2010. Revenue for the nine months totaled $1,073,383 compared to $418,959 during 2009. Crown Equity Holdings Inc. is extending its internet footprint internationally to include the following countries; Argentina, Brazil, Canada, China, France, Germany, Hong Kong, India, Indonesia, Italy, Japan, Korea, Malaysia, Mexico, New Zealand, Pakistan, Russia, Singapore, Spain, South Africa, Taiwan, United Arab Emirates and United Kingdom.
“Our continued progress in operations including an operating profit of $7,251 during the last quarter shows a continued growth in our business,” commented Kenneth Bosket, President and CEO of Crown Equity Holdings Inc. “Not only do our financial results show strong growth during this year but our continued investment in infrastructure will support our future growth,” stated Bosket.
Due to the growth of information on the internet and the amount of time people use it, which has in turn created a new market for web-based advertising. Some of the wealthiest businesses in the world have made sure that they get a portion of the internet marketing pie, and for many valid reasons. One Web advertising bonus is always that, since the internet covers the world, pockets of the marketplace scattered around the world can all be targetted immediately, rather than attempting to find different publications, radio stations and tv stations that serve a selected geographical area.
Using the Web, you’ll be able to send out varied advertisements to millions of users on time. Since there is almost no time lag from your time it takes to write information to send the available information to users, the Web is an ideal medium to advertise advertisements. As more people today discover the virtues of the Web and connect to the Internet, the internet can be the method of choice for many businesses and visitors to publicize various bulletins.
Crown Equity Holdings Inc. is a consulting organization which provides and assists small business owners with the knowledge required in taking their company public, and has re-focused its primary vision with its aligned group of independent website divisions to providing media advertising services, as a worldwide online media advertising publisher, dedicated to the distribution of quality branding information, as well as search engine optimization for its clients. Crown Equity Holdings Inc. announced in June of this year its 1- 10 forward stock split.
For more information about this company please visit http://www.crownequityholdings.com
Edison International (NYSE:EIX) Southern California Edison (SCE) has signed contracts with SunPower Corp. and Fotowatio Renewable Ventures, Inc. (FRV) for more than 800 megawatts of electricity created from sunlight that will go directly to the California power grid. The contracts will include one of the country’s largest single solar photovoltaic installations. Electricity generated as a result of these contracts will total 831 megawatts. Three contracts with SunPower will total 711 megawatts and include one of the largest single solar photovoltaic installations – 325 megawatts – in the United States. Contracts with FRV allow for the delivery of 120 megawatts of solar energy from four projects.
Edison International, through its subsidiaries, engages in the supply of electric energy in central, coastal, and southern California. It involves in developing, acquiring, owning or leasing, operating, and selling energy and capacity from independent power production facilities, as well as conducts hedging and energy trading activities in power markets.
The Allstate Corporation (NYSE:ALL) announced the launch of Drive Wise, a voluntary program that rewards safe and low-mileage Illinois drivers with discounts of up to 30 percent. The company plans to expand Drive Wise to other states as early as Q2 2011. Consumers can learn more and sign up for the program by visiting www.allstate.com/DriveWise or by contacting their local Allstate agent. "Seat belts, air bags, teen and distracted driving – they're all examples of Allstate's leadership as a safe driving advocate. That legacy continues with the introduction of Drive Wise," said Alice Byrne, field vice president, Midwest region for Allstate. "By rewarding drivers on a variety of safety factors, the roads become safer for everyone and the safest drivers reap the most benefits."
The Allstate Corporation, through its subsidiaries, engages in the personal property and casualty insurance business, as well as in the life insurance, retirement, and investment products business in the United States and Canada.
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Crown Equity Holdings Inc. (OTCPK:CRWE) has received from the company 2,000,000 shares of (144) restricted common stock of American Video Teleconferencing Corp. (OTCPK:AVOT) for 12 months IR Services and 1,000,000 shares of (144) restricted common stock for its IT services.