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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.
Majestic Gold Corp. (TSX-V:MJS) (FSE:MJT) is pleased to announce 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. (”Wardrop”) 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.
Cliffs Natural Resources Inc. (NYSE:CLF) announced that its Board of Directors declared a quarterly cash dividend on the Company's common shares of $0.14 per share. The cash dividend will be payable on March 1, 2011, to shareholders of record as of the close of business on Feb. 15, 2011. To be added to Cliffs Natural Resources' e-mail distribution list, please click on the link: http://www.cpg-llc.com/clearsite/clf/emailoptin.html. Cliffs Natural Resources Inc. is an international mining and natural resources company. A member of the S&P 500 Index, we are the largest producer of iron ore pellets in North America, a major supplier of direct-shipping lump and fines iron ore out of Australia and a significant producer of high and low volatile metallurgical coal.
Cliffs Natural Resources Inc., a mining and natural resources company, produces iron ore pellets; lump and fines iron ore, and metallurgical coal.
Jones Lang Lasalle Inc. (NYSE:JLL) has launched a website (www.LeaseAccountingChanges.com) to deliver leading-edge strategies, tools and information to help corporations worldwide navigate the upcoming changes in lease accounting treatment by the U.S. Financial Accounting Standards Board (FASB) and its counterpart, the International Accounting Standards Board (IASB). Designed to improve transparency and eliminate off-balance sheet obligations, the Boards' new regulations will fundamentally alter the impact of leases on organizations' income statements and balance sheets. The new website will enable companies to better understand how these changes will affect them, as well as how to develop a plan for preparing for "Day 1" impact to integrating and aligning their strategic planning and portfolio strategy.
Jones Lang LaSalle Incorporated, through its subsidiaries, provides integrated real estate and investment management services to owner, occupier, and investor clients worldwide.
Brush Engineered Materials Inc. (NYSE:BW) announced it will change its name to Materion Corporation (NYSE:MTRN) and unify all of its businesses under the new name effective March 8, 2011. The Company’s common stock will continue to trade on the New York Stock Exchange. The Company said it was announcing the new name ahead of the formal name change to give advance notice to its investors, customers, suppliers, partners, the media, and other parties. Concurrent with the March 8 name change, the Company also will unveil a new company website and company-wide brand identity.
Brush Engineered Materials Inc. engages in the manufacture and sale of engineered materials for the telecommunications and computer, data storage, aerospace and defense, automotive electronics, industrial components, and appliance and medical markets in the United States and internationally.
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