Tri-State Mining Machinery

Inscription.
An exhibit of
Tri-State Mining Machinery
featuring the
Ben R. Markley Collection
presented to the
Tri-State Mineral Museum
by his family
as a memorial to their father
and his interest in collecting
and preserving the machinery
that played a major role in
the development of the
Tri-State Mining District

Erected 1976 by Ben R. Markley Family and the Tri-State Mineral Museum.

source: http://www.hmdb.org/marker.asp?MarkerID=37187&Print=1

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Electra Mining Africa

Since its inception more than 38 years ago, Electra Mining Africa has grown from its embryonic beginnings to its international calendar status of today. The show is ranked as the second largest mining show in the world and offers both exhibitors and visitors the opportunity to make valuable business connections and a forum for discussing the latest developments, technologies, trends, products and services in the mining, construction, industrial and power generation industries. It is a recognised gateway into Africa for local and global investors looking for new business opportunities in these industries.

source: http://www.africanbusinessreview.co.za/associations/electra-mining-africa

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Rongsheng Heavy Seeks $2.3 Billion in Hong Kong IPO

Nov. 1 (Bloomberg) — China Rongsheng Heavy Industries, China’s largest shipbuilder outside state control, is seeking $2.3 billion in what may be Hong Kong’s third-largest initial public offering this year, according to terms sent to investors.

The company plans to sell 1.75 billion shares at HK$7.30 to HK$10.10, the terms show. China National Offshore Oil Corp., China Life Insurance (Group) Co., China Southern Fund Management Co. and Atlantis Investment Management Ltd. have agreed to buy a combined $155 million of shares, according to the terms.

China Rongsheng Heavy Industries, China’s largest shipbuilder outside state control, plans to issue an initial public offering (IPO) in Hong Kong this month, according to reports Tuesday.
“China’s ship industry began to recover in 2009, making it a good time for Rongsheng to list,” said Xu Minle, shipbuilding analyst at BOC International.
The IPO is expected to raise as much as $2.6 billion by selling 1.75 billion shares at HK$7.30 ($0.94) to HK$10.10 ($1.3), the terms show.
The funds raised will be used on shipbuilding, marine engine building, engineering machinery and debt repayment, among other things, according to reports.
The joint co-ordinators for the listing are Deutsche Bank, Morgan Stanley, JPMorgan, China Construction Bank International and Bank of China International.
Rongsheng began its roadshow on Monday and is tentatively expected to price on November 12, and list a week later.
Rongsheng is a relatively young company, delivering its first vessel in 2008, but has rapidly grown to become one of the largest shipyards in the world.

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Sany Heavy Industry’s Financial Risk Management Implications Mirror

From a broader historical perspective, three years ago to start share reform, is likely to be truly market-oriented domestic capital allocation system, a new starting point.

And as “the first stock split share structure reform,” in Sany Heavy Industry Destined to and inseparable from the new starting point.

From the capital and skills into the double-intensive construction machinery industry over 20 years, just came from the grass roots of Sany Heavy Industry has maintained a remarkable growth rate. Despite competitors are Caterpillar, Komatsu machinery such world giants, they strive to fight in Sany Heavy Industry in a few years later, in the domestic market share has rapidly pulling away from them. At the same time is even more surprising is that the field of SANY heavy equipment in the R & D and product quality on the series of major breakthroughs. All of these are in addition to the entrepreneur’s openness to external capital, its sound financial system also made a great contribution.

Read more: http://business.ezinemark.com/sany-heavy-industry-s-financial-risk-management-implications-mirror-sany-heavy-industry-31-319d3c4c021.html

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Rio Alto Mining Limited Corporate Update: Filing of Technical Report, Change of Auditors

CALGARY, ALBERTA–(Marketwire – Oct. 29, 2010) – Rio Alto Mining Limited (the “Company”) (TSX VENTURE:RIO – News; OTCQX:RIOAF)(BVLAC:RIO)(DBFrankfurt:MS2) is pleased to announce that Coffey Mining Pty. Ltd., the Company’s independent engineers, have completed the Technical Report that was referred to in the Company’s news release of September 15, 2010 in respect of updated reserve and resource estimates and financial estimates for the Company’s La Arena Project located in north central Peru.

The Company is also pleased to announce that it has appointed Grant Thornton LLP, Chartered Accountants, as auditor of the Company effective October 26, 2010. The resignation of the Company’s former auditor, Davidson & Company LLP, was accepted by the Company on October 26, 2010.

source: http://finance.yahoo.com/news/Rio-Alto-Mining-Limited-ccn-3187455488.html?x=0&.v=1

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