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HONDO MINERALS CORP (OTCPK:HMNC)
Hondo Minerals Corporation is engaged in the acquisition of mines, mining claims and mining real estate in the United States, Canada and Mexico with mineral reserves of precious metals or non-ferrous metals.
Hondo owns the Tennessee and Schuylkill Mines in Chloride, Arizona. The Tennessee Mine was the largest producing silver mine in Arizona history. The Tennessee Mine operated from the late 1800's until 1947 producing lead, zinc, gold and silver. The Company also owns numerous other mining claims in the US Southwest, which are being evaluated for additional reserves.
Gold plays an important role in medical implants. Gold possesses a high degree of resistance to bacterial colonization, and because of this it is the material of choice for implants that are at risk of infection, such as the inner ear. Gold has a long tradition of use in this application and is considered a very valuable metal in microsurgery of the ear.
Hondo Minerals Corporation is pleased to announce that, as planned, it has completed the operation to produce ionized water which is the critical substance needed for the extraction of minerals as required by our process.
The ionized water will be produced in a nearby offsite to be stored and available for immediate use following the anticipated Mining Safety and Health Administration (MSHA) training, inspection and site review at the Tennessee Mine. The full mineral extraction process onsite will begin immediately following the MSHA regulatory and safety training certification.
William R. Miertschin Chairman and CEO of Hondo Minerals say, "With machinery in place to load and crush our tailings and electric generation to power our processing equipment, we await regulatory inspections for final approvals for our site and facilities."
Hondo's initial independent testing has indicated the Tennessee Mine tailings and dumps could produce an average of 1 oz. to 3 oz. of gold and about 30 oz. or more of silver per ton using our exclusive environmentally friendly technology. At the Tennessee Mine there are approximately a million tons of metal rich tailings and dump material.
For more information please visit: http://www.hondominerals.com
VimpelCom Ltd. (NYSE:VIP) announced operating and financial results for the quarter ended March 31, 2011. This earnings release contains actual 1Q11 financial and operational results as well as selected results on a pro forma basis. VimpelCom is consolidating the results of Wind Telecom S.p.A. ("Wind Telecom") starting from April 15, 2011. On April 15, 2011, VimpelCom completed the combination with Wind Telecom, creating a leading global telecom group. Financing of US$6.5 billion was completed to fund Wind Telecom transaction and further business expansion. Net operating revenues increased by 23% y-o-y to US$2.7 billion. OIBDA reached US$1.2 billion (up 16% y-o-y); OIBDA margin was 44.1%. Net income attributable to VimpelCom was US$590 million (up 55% y-o-y). Net cash from operating activities was US$1.0 billion (up 25% y-o-y). South-East Asian presence was strengthened through acquisition in Laos and a new agreement in Vietnam. On April 14, 2011, the Supervisory Board declared the payment of a final dividend of US$244 million in relation to its 2010 results, bringing total 2010 dividends to US$1.1 billion.
VimpelCom Ltd. operates as an integrated telecommunications services provider, offering voice and data services through a range of wireless, fixed, and broadband technologies in Europe, Asia, and Africa.
Investment Technology Group Inc. (NYSE:ITG) a leading agency research broker and financial technology firm, announced that Bob Gasser, Chief Executive Officer and President, will speak at the Sandler O`Neill 2011 Global Exchange and Brokerage Conference in New York on Thursday, June 9, at 11:00 AM ET.
Investment Technology Group, Inc. operates as an agency brokerage and financial technology company in the United States, Canada, Europe, and the Asia Pacific region. Its offerings include portfolio management, pre-trade analytics, trading solutions, and post-trade solutions.
TMS International Corp. (NYSE:TMS) the parent company of Tube City IMS Corporation, a leading provider of products and services to steel mills globally, announced that the following members of management will be participating in the J.P. Morgan 6th Annual Diversified Industries Conference in New York City on Wednesday, June 8, at 2:30 p.m. (EDT).
TriMas Corporation designs, manufacturers, and distributes various products for commercial, industrial, and consumer markets worldwide. It operates in five segments: Packaging, Energy, Aerospace & Defense, Engineered Components, and Cequent.
Orofino Gold Corp. (ORFG)
Orofino Gold Corp. President Ary Pernett and Vice President of Development Alfonso Calderon of Orofino Gold Corp. (ORFG) hosted investors interested in a firsthand look at the company's Senderos de Oro projects. These visits come as investors consider the financial commitments necessary to fund exploration and provide modern mining techniques and equipment to the area.
The group spent four days in Colombia during which they had an opportunity to tour Orofino's active mine sites at La Azul, Culo Alzado, and Buena Sena. The visit offered investors an opportunity to observe current artisanal gold production, and an in-person view of Colombia's revitalized foreign investment opportunities and stability. Following this site visit, Orofino's directors and investors are expected to prepare for the company's future funding and development needs as it continues to expand exploration at Senderos de Oro.
Orofino has begun moving aggressively to confirm the current mineralogical interpretations, fast-tracking analysis work with a goal of beginning drilling within the year. La Azul features numerous geological similarities to Greystar's Angostura project and Ventana's La Bodega project, but La Azul is suspected to be of a higher grade and more easily accessible.
Gold, recognizable by its yellowish cast, is one of the oldest metals used by humans. Gold's aesthetic properties combined with its physical properties have long made it a valuable metal. Gold's ability to be drawn into thin wire (ductility) enables it to be deposited onto circuits such as transistors and to be used as an industrial solder and brazing alloy.
Orofino Gold Corp. has several Gold development properties in Colombia, a current hot spot of gold production in the world markets. Orofino Gold Corp. is a Colombia based gold producer founded as a private company in 2009 by former executives with over 50 cumulative years in mining exploration, finance, and development expertise. Orofino's corporate objective is to continue to build shareholder value through the exploration and development of Senderos de Oro and additional accretive acquisitions, capitalizing on the extensive experience and relationships that management has developed over the past 25 years.
For more information about Orofino Gold Corp. visit its website www.orofinogoldcorp.com
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