Gold American Mining Corp (SILA.OB)
In 2009, for the first time in three years, worldwide gold production increased almost 7%. Gold prices have risen for nine years in a row and are expected to reach $1500 an ounce in the future. The United States is the fourth largest producer of gold and Mexican gold production is estimated to be up 10%.
One company that is taking advantage of the increase in gold prices and gold demand is Gold American Mining Corp. (OTCBB:SILA) which has obtained options on promising gold and silver mining sites in both the US and Mexico.
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Volt Information Sciences, Inc. (NYSE:VOLT) stated recently that the New York Stock Exchange has provided the Company an additional extension, until December 31, 2010, to file its Annual Report on Form 10-K for the year ended November 1, 2009 with the Securities and Exchange Commission in order to maintain the continued listing and trading of the Company’s common stock on the NYSE. Under NYSE rules, the Company previously had an extension to file the report until August 2, 2010. The NYSE has advised the Company that the extension is subject to reassessment on an ongoing basis and that the Exchange will closely monitor the progress made toward the filing of the 10-K Report during this additional period.
Volt has previously reported that it is delayed in filing this Report, is in the process of restating its financial statements for its 2007 and 2008 fiscal years, and is examining whether periods prior to fiscal 2007 will need to be restated. The Company noted that it expects to file the Report within the time frame required by the New York Stock Exchange.
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IAMGOLD Corporation (NYSE:IMG) will release its second quarter 2010 financial results before the market opens Wednesday, August 11th, 2010.A conference call will be held on Wednesday, August 11th, 2010 at 11:00 a.m. (Eastern Time) for a discussion with management regarding the Company’s operating performance and financial results for the second quarter.
IMG is producing approximately one million ounces annually from 7 mines on 3 continents. IMG is focused on growth with a target to reach 1.8 million ounces of annual gold production by 2012. IAMGOLD is uniquely positioned with a strong financial base, together with the management and operations expertise to execute our aggressive growth objectives.
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