Majestic Gold Corp. (TSX.V:MJS) (FSE:MJT) generated gold revenue of $1,730,392 derived from the sale of 1,531.8oz of their gold reserves.
Subsequent to recommencing mining operations at Dahedong Smelter mills at their designed capacity of 1,400 tpd, Majestic signed an agreement to acquire the remaining 40% of Yantsai Zhongia Mining Enterprise (�JVCo�).
Majestic is currently fast tracking operation at the Song Jiagou Mine through expansion of milling capacity, improving infrastructure, and developing pit models, mine plans and pre-feasibility studies based on its recently announced revised resource estimate, which will be used to initially expand production to 5,000 tpd.
The latest official trade data from Hong Kong, Asia�s biggest bullion trading center and a main conduit for gold flows into the mainland, showed its gold exports to the mainland in the first nine months of the year more than doubled from a year earlier to 88.06 tonnes. On an annualized basis, that would translate into 117 tonnes of gold from Hong Kong alone in 2010.
Majestic is just beginning to add to the China Gold mine operations, and apparently has a ready, willing and able buyer for its Mined Gold.
For More Information On Majestic Gold: www.majesticgold.net
PTS, Inc. (OTC.BB:PTSH) announced that through its ThinLine division, it has signed a 3 year IT Services deal with United Power.
United Power (www.unitedpowerinc.com) is acknowledged experts on the resale of products especially suited for medium voltage power distribution, in addition to providing a wide portfolio of products for other aspect of the electrical utility business. United Power has been serving electrical utility Customers within Georgia continuously since 1976. They have developed a reputation for customer sensitivity, fair dealing and exceptional quality during this time.
United Power required an IT solution that would allow them to contact one source for all of their IT needs.
“United Power is a well-established and quality company that has been a leader in their field for decades” stated Raj Kalra CEO of PTS. “They were looking for a one stop shop that would be able to handle their IT, disaster recovery and hardware needs without making more than one phone call. ThinLine’s managed IT solution was designed for this task. We look forward to working with the team at United Power and I am always excited to add a quality client to our growing portfolio of managed It customers,” added Raj Kalra.
Nike Inc. (NYSE:NKE) announced that its Board of Directors has declared a quarterly cash dividend of $0.31 per share on the company�s outstanding Class A and Class B Common Stock. The $0.31 quarterly dividend, which is payable on December 30, 2010 to shareholders of record at the close of business on December 6, 2010, represents a 15 percent increase over the previous quarterly rate of $0.27 per share.
NIKE, Inc. designs, develops, and markets footwear, apparel, equipment, and accessory products for men, women, and children worldwide. The company offers footwear in the categories of running, training, basketball, soccer, sport-inspired casual shoes, and kids’ shoes. It also provides footwear for aquatic activities, baseball, cheerleading, football, golf, lacrosse, outdoor activities, skateboarding, tennis, volleyball, walking, wrestling, and other athletic and recreational uses.
Triumph Group, Inc. (NYSE:TGI) announced that its Board of Directors has declared a regular quarterly dividend of $0.04 per share on its outstanding common stock. The dividend is payable December 15, 2010 to shareholders of record as of December 1, 2010. Triumph Group, Inc., headquartered in Wayne, Pennsylvania, designs, engineers, manufactures, repairs and overhauls a broad portfolio of aerostructures, aircraft components, accessories, subassemblies and systems. The company serves a broad, worldwide spectrum of the aviation industry, including original equipment manufacturers of commercial, regional, business and military aircraft and aircraft components, as well as commercial and regional airlines and air cargo carriers.
Triumph Group, Inc., through its subsidiaries, engages in the design, engineering, manufacture, repair, overhaul, and distribution of aircraft components in the United States and internationally. The company operates in two segments, Aerospace Systems and Aftermarket Services.
Air Products & Chemicals Inc. (NYSE:APD) announced that Paul Huck, senior vice president and chief financial officer, will be presenting at Citi�s Third Annual Basic Materials Symposium in New York City on Tuesday, November 30, 2010 at 10:15 a.m. EST. Huck will present an overview of Air Products, discuss the company�s financial performance and provide a business outlook.
Air Products and Chemicals, Inc. offers atmospheric gases, process and specialty gases, performance materials, and equipment and services worldwide. The company’s Merchant Gases segment sells atmospheric gases, such as oxygen, nitrogen, and argon; process gases, including hydrogen and helium; and certain medical and specialty gases for the metal, glass, chemical processing, food processing, healthcare, steel, general manufacturing, and petroleum and natural gas industries.
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