Announcement

Tuesday, February 1, 2011

Nymagee drilling intersects high grade lead zinc silver lens

It is reported that YTC Resources has intersected high grade lead-zinc-silver lens in the drilling program on the western side of the Nymagee main lode.

The company also discovered strong copper intersections within the Nymagee main lode.

The company said vertical continuity of high

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Chelyabinsk Zinc Plant production up by 28pct

CZP's affiliated company, Nova Zinc LLC operator of Akzhal zinc and lead ore mine in Kazakhstan, produced stripping works 4,277 thousand cubic metres in 2010, 55% more than 2009 and processed 1,550.6 thousand tonnes of ore 30% more than the previous year.

Average metal content in the ore

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TISCO automobile usage steel products sales hit record highs

It is reported that China Taiyuan Iron & Steel Group's sales volumes of automobile usage steel products have increased by 45% to reach the record highs in 2010.

In the beginning of 2010, TISCO had started to offer high tension automobile usage steel products to its customers; besides, the

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Cordiant Capital invests USD 27 million to expand Cai Lan Intl Terminal

It is reported that a Canada based fund management company is channeling USD 27 million towards the expansion of the Cai Lan International Container Terminal in northern Vietnam.

Mr David Creighton president & CEO of Cordiant Capital said that "Vietnam has been a real success story, but

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Chrysler Group Q4 2010 loss narrows

Detroit based automaker Chrysler Group LLC said that its fourth quarter net loss narrowed from 2010, mainly due to an absence of a special charge related to the UAW Retiree Medical Benefits Trust.

However, on a sequential basis, quarterly loss widened, hurt by heavy interest paid on loans.

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