Lincoln National Corp. (NYSE:LNC) will announce its fourth quarter earnings after market close on Wednesday, February 2, 2011. A conference call is scheduled for Thursday, February 3, 2011 at 1:00 p.m. ET, to discuss the fourth quarter earnings and related matters for the company and its business segments. Earnings material, including the fourth quarter 2010 Earnings Release and Statistical Supplement, will be made available through www.LincolnFinancial.com/earnings after market close on Wednesday, February 2, 2011. Interested persons are invited to listen through the internet. Please visit www.LincolnFinancial.com/webcast at least fifteen minutes prior to the event to register, download and install any necessary streaming media software.
Lincoln Financial Group is the marketing name for Lincoln National Corporation and its affiliates. With headquarters in the Philadelphia region, the companies of Lincoln Financial Group had assets under management of $150 billion as of September 30, 2010.
Majestic Gold Corp. recently announced the results of an updated resource estimate on its Song Jiagou Mine.
As part of the ongoing assessment on the Song Jiagou Mine, Wardrop Engineering Inc. has revised their previous resource estimate (NR 23 April, 2010) as a result of the revision to the contract mining costs (NR 30 September 2010) which allowed cut-off grades to be reduced from 0.40 g/t to 0.30 g/t and warranted a revision of the block model.
Subsequent to the initial resource estimate, Wardrop determined that rotating the block model perpendicular to drilling direction was the most favorable orientation to evaluate the deposit and to calculate the revised resource. The new cut-off grade and the re-orientation of the model significantly increased the overall size of the resource and the contained ounces of gold in both the inferred and indicated categories.
The most significant changes from the previous estimate are:
- Increase in Indicated tonnes by 35.34% to 33,739,586 tonnes
- Increase in Indicated contained gold by 24.09% to 1,244,211 ounces
- Increase in Inferred tonnes by 37.96% to 38,812,054 tonnes
- Increase in Inferred contained gold by 7.48% to 1,830,576 ounces
Majestic Gold Corp. engages in the exploration and development of mineral properties in China. Majestic focuses on its gold project located in the prolific gold region of Song Jiagou in eastern Shandong Province. Majestic is headquartered in Vancouver, Canada.
To learn more about Majestic visit: http://www.majesticgold.net
Orofino Gold Corp. has several Gold development properties in Colombia, a current hot spot of gold production in the world markets. Orofino Gold's 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 ORFG.
Mr. Pernett will be responsible for all affairs of Orofino Gold 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 Orofino Gold’s Senderos de Oro gold camp in the Sur de Bolivar Colombia.
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 Orofino Gold. His resignation is effective immediately. Orofino Gold wish him well and success in future endeavors.
Orofino Gold and Mr. Pernett will continue to work with Contexto Legal of Medellin and Bogota, Orofino Gold’s legal counsel as well as Discovery Consultants, (The Qualified 43-101 team) Canada, as they have in the past.
Orofino Gold Corp. engages in acquisition, exploration, and development of gold properties in Mexico and Colombia. Orofino Gold has an option to acquire properties in the Sur de Bolivar Department of Colombia South America.
To learn about ORFG visit: http://www.orofinogold.com
Principal Financial Group Inc. (NYSE:PFG) announced that it has become a signatory for the United Nations-backed Principles for Responsible Investment (NYSE:PRI). Principal Global Investors is a diversified asset management organization with world class investment expertise in fixed income, equities and real estate, and is a member of the Principal Financial Group.
The Principal Financial Group (The Principal)1 is a leader in offering businesses, individuals and institutional clients a wide range of financial products and services, including retirement and investment services, life and health insurance, and banking through its diverse family of financial services companies.*****
Sovereign Bancorp Inc. (NYSE:SOV) announced that its Board of Directors declared dividends on SHUSA's Preferred Stock and Capital Trust V Securities. A dividend payment of $0.45625 per depositary share is payable on February 15, 2011 to holders of record on February 1, 2011 for SHUSA's Series C Non-Cumulative Perpetual Preferred Stock. A dividend of $0.484375 is payable on February 15, 2011 to holders of record on February 14, 2011 for the Capital Trust V Securities.
Santander Holdings USA, Inc. (SHUSA) is a wholly owned subsidiary of Banco Santander, S.A. and is the holding company for Sovereign Bank and Santander Consumer USA, Inc.
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