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African Minerals Limited

African Minerals Limited

African Minerals Limited (“the Company”, “African Minerals”, or “AML”), the mineral exploration and development company with significant iron ore and base metal interests in Sierra Leone, West Africa. The Company holds an extensive portfolio of mineral rights in Sierra Leone, a country in which it has been actively investing since 2003. Sierra Leone is a mineral rich country which has been largely unexplored and has recovered quickly from a period of instability. Elections held in Sierra Leone during 2007 resulted in a smooth handover of power demonstrating a successful African democracy. African Minerals completed the country’s first aeromagnetic survey during 2004 and subsequent exploration programmes and multi-element sampling analysis have resulted in the Company assembling a large mineral exploration portfolio in Sierra Leone. The Company is particularly excited by the progress at its flagship project, the Tonkolili iron ore project, where a JORC compliant magnetite resource of 10.5 Billion tonnes has been prepared by SRK Consulting (UK) Limited. This is the world’s largest reported JORC compliant magnetite iron ore mineral resource and African Minerals is in a very strong position to realise the full potential of the Project and compete alongside leading iron ore producers in supplying international steel markets. Additional exploration activities at Tonkolili have also confirmed the potential for 800 Million tonnes of hematite mineralisation. The Company signed a lease agreement with the Government of Sierra Leone in November 2008 over key rail and port infrastructure. Dependent upon the results of engineering studies, the Company will refurbish and construct rail and port facilities to accommodate its iron ore production and shipping capacity requirements and provide third party access at commercial rates.

Detour Gold Corporation

Detour Gold Corporation

Detour Gold Corporation (TSX:DGC) is a Canadian gold exploration and development company with a highly experienced management and technical team whose primary focus is to advance the development of its flagship Detour Lake gold project located in northeastern Ontario.Detour Gold listed on the Toronto Stock Exchange on January 31, 2007 after a successful IPO. Concurrently with the IPO, Detour Gold acquired the Detour Lake property, which host the former Detour Lake mine that produced 1.8 million ounces of gold. In just over three years, the Company has drilled over 400,000 metres of drilling and completed a feasibility study.The Detour Lake deposit is now Canada's largest undeveloped gold reserve with 11.4 million ounces. The positive results of the feasibility study confirmed the Detour Lake deposit as a future significant gold producer with an average annual gold production of 649,000 ounces over a mine life of 16 years. The Company plans to start mine development by late 2010, subject to obtaining receipt of Provincial permits and finalizing Aboriginal agreements. With gold production expected to commence in early 2013, Detour Lake will be among the largest gold operations in North America.

Baffinland Iron Mines Corporation

Baffinland Iron Mines Corporation

Baffinland is a Canadian company that was formed pursuant to Articles of Incorporation under the Business Corporation Act (Ontario) on March 10, 1986. The Company owns three mining leases covering approximately 1,600 hectares in the Mary River area, Baffin Island, Nunavut, Canada. The Company is a mineral exploration and development company with a sole focus on the advancement of its Mary River Property, which consists of four high-grade hematite/magnetite deposits (the “Project”). The Project is in its early stages after having been originally discovered and studied in the 1960’s. Notwithstanding current global recessionary conditions, which have significantly impacted the European and North American commodity markets, iron ore market trends are still seen as favourable. Although current iron ore prices have decreased by approximately 30% since the downturn began in late 2008 it is the opinion of the Company’s management that prices are likely to rebound somewhat in the next year. In addition, iron ore and steel industry consolidation continues. Since 2004, Baffinland has been engaged in a wide spectrum of activities supporting the development of the Mary River iron ore deposits. These activities have included the delineation of mineral resources and estimation of mineral reserves, extensive metallurgical testing of the iron ore, field engineering data collection, environmental and socio-economic baseline studies, and evaluation of shipping lanes. A bulk sample was shipped to two key customers in Europe in 2008. The DFS, coordinated by Aker Solutions was completed in 2008, followed by initiation of the regulatory review process and basic engineering design. As a result of the current world economic outlook and the Company’s current resources, basic engineering and other technical support services were suspended in December 2008 and a review of the proposed Project timeline was initiated. Re-initiation of engineering and related technical support services will be contingent on the Company raising funds to complete such activities. As a result of a decision from the Minister of Indian and Northern Affairs Canada in reference to the regulatory review process, in 2009 the Company is pursuing the terms of reference guiding the submission of an Environmental Impact Statement, the submission of which will be contingent on further financing. In the meantime, a modest exploration program is underway to continue development on Deposit No. 1.

Empire Resources, Inc.

Empire Resources, Inc.

Empire Resources, Inc. engages in the purchase, sale, and distribution of semi-finished aluminum and steel products in the United States, Canada, Europe, Australia, and New Zealand. Its semi-finished aluminum products include aluminum sheet, plate and foil, rod, bar and wire, and extruded and cast products. The company serves various industries, such as distribution, transportation, automobile, housing, appliances, and packaging. Empire Resources, Inc. sells its products through its own marketing and sales personnel, as well as through independent sales agents. The company was founded in 1990 and is headquartered in Fort Lee, New Jersey.

Statesman Resources Ltd.

Statesman Resources Ltd.

Statesman’s objectives are to develop productive assets that have sensible economics and high upside potential, then to build on their value. The Company is currently planning several development wells that could significantly extend the Reichel Gas Field in Rush County, Kansas. Under the terms of its Kansas agreements, successful testing will allow the Company to book reserves and to time the development of its interests in approximately 26,000 acres to coincide with favorable natural gas prices.Having established production and asset value, Statesman will pursue growth by finding other, similarly situated development opportunities, as well as by drilling quality prospects with high upside potential under strategic farm-in arrangements. Statesman intends to continue its focus on under-explored California where it has a farm-in agreement with Salinas Energy Ltd. covering numerous oil leads and prospects in the San Joaquin Basin. In addition, Statesman is currently reviewing other opportunities in Kansas, Louisiana, Texas, and elsewhere that meet the Company’s objectives of sensible economics and high upside potential for oil and gas production.

ATAC Resources Ltd.

ATAC Resources Ltd.

ATAC Resources Ltd. (ATC:TSX-V) is a closely held junior exploration company aggressively exploring for gold in Yukon, Northwest Territories and British Columbia. The Company's corporate philosophy is to maximize shareholder value by identifying and acquiring grassroots and early-stage gold prospects. The company's management team and board of directors include geologists and engineers with over 160 years of collective exploration experience in western Canada. Archer, Cathro & Associates (1981) Limited is ATAC's exploration consultant. Over the past 40 years, Archer Cathro has earned a reputation as one of the most highly regarded exploration organizations in western Canada. ATAC has full access to the Archer Cathro exploration database, which when married with the experience of its management team, will facilitate the development of a portfolio of gold projects that are attractive for option or joint venture by junior and senior mining and development companies. In this manner, the Company can take advantage of leveraging third party exploration expenditures to the full benefit of the Company's shareholders.

Scope Metals Group Ltd.

Scope Metals Group Ltd.

Scope Metals Group imports, exports, processes, and markets an array of products, including aluminum, stainless steel, brass copper, bronze, titanium, and nickel alloy. Its stock is configured into sheets, coils, plates, bars, pipes, flanges, fasteners, valves, and a slew of other off-the-shelf items. Headquartered in Israel, the company's products reach industrial manufacturers across the Middle East. Acquisitions and organic growth have opened the door to tapping the US, Europe, and China, too. Scope Metals Group serves clients in such industries as aerospace, chemicals, electronics, construction, and energy.

Metalico, Inc.

Metalico, Inc.

Metalico, Inc., through its subsidiaries, engages in scrap metal recycling and lead metal products fabrication activities in the United States. Its Scrap Metal Recycling segment collects industrial and obsolete ferrous and non-ferrous scrap metal; processes into reusable forms; and supplies the recycled metals to electric arc furnace mills, steel mills, foundries, secondary smelters, aluminum recyclers, and metal brokers, as well as to exporters and international brokers. This segment offers ferrous products, which include sheared and bundled scrap metal, and other scrap metal, such as turnings and busheling, and cast and broken cast iron; and processes and packages non-ferrous metals, including aluminum, copper, stainless steel, brass, nickel-based alloys, and high-temperature alloys for resale. The Scrap Metal Recycling segment also recycles the platinum group metals, such as platinum, palladium, and rhodium from the substrate material retrieved from the recycling of catalytic converters. The company’s Lead Fabrication segment produces and sells sheet lead, shot, extruded strip lead, and cast lead, as well as other lead products, including roof flashings, lead wool, anodes, and babbitt. Its products are used in the roofing, plumbing, radiation shielding, electronic soldering, ammunition, and automotive industries. This segment also sells its products to the contractors in the U.S. Department of Defense. As of December 31, 2009, Metalico company operated 24 scrap metal recycling facilities; an aluminum de-ox plant; and 4 lead fabrication and recycling plants. Metalico was founded in 1997 and is headquartered in Cranford, New Jersey.

Mediterranean Resources Ltd.

Mediterranean Resources Ltd.

Mediterranean Resources Ltd (TSX -- MNR) is developing four projects located along the 12 kilometre Yusufeli Property in northeastern Turkey. Current NI 43-101 compliant resource estimates for the Tac and Corak projects, 8 km apart, total 1.58 million ounces gold Indicated and 0.29 million ounces Inferred. These estimates, completed in April 2009 by SRK Consulting are constrained within Whittle pit shells, providing a materially enhanced level of confidence in the economic potential of the Yusufeli Property. The new resource estimates demonstrate that both Corak and Tac are amenable to open-pit mining with a reasonable assumption of economic viability.To date, less than 20% of the 100 square kilometre Yusufeli Property has received drill exploration, and several targets remain to be addressed. In December 2008 MNR announced initial drilling results from the Celtik project area, located at the eastern end of the Yusufeli Trend. Assays from three holes confirmed a significant new discovery at Celtik, with multiple intercepts from surface to 314 metres. An intercept of 18.4 metres assayed 6.51 g/t gold and 0.9% copper.MNR acquired the Corak and Tac properties from Teck in 2005, and currently controls these core areas under a mining license. Acquisition of contiguous areas has been conducted by obtaining new exploration licenses. The properties are well serviced by roads, water and access to power, providing for highly cost-effective exploration. To date, exploration costs have averaged less than $8 per ounce. As well, Turkey's modernized mining code and permitting process provide attractive incentives to exploration ventures, including rebates on expenditures.MNR's plans for 2009 include 6,000 metres of diamond core drilling to an average depth of 300 metres at Corak and Tac to upgrade and expand resources within the new pit shell modeling, and a drill program to follow up on the significant new discovery at Celtik.

AngloGold Ashanti Ltd.

AngloGold Ashanti Ltd.

AngloGold Ashanti’s primary stock exchange listing is on the JSE in South Africa. AngloGold Ashanti Ltd. ordinary shares are also listed on exchanges in London, Paris and Ghana, as well as being quoted in Brussels, in the form of International Depositary Receipts (IDRs), in New York in the form of American Depositary Shares (ADSs), in Australia in the form of CHESS (Clearing House Electronic Sub-register System) Depositary Interests (CDIs) and in Ghana, in the form of Ghanaian Depository Shares (GhDSs). Each IDR and ADS represent one ordinary share, each CDI represents one-fifth of an ordinary share and 100 GhDSs represent one ordinary share. As at 31 December 2009, AngloGold Ashanti had 362,240,669 ordinary shares in issue and a market capitalisation of $14.6bn (31 December 2008: $9.8bn). the company had proved and probable ore reserves of 74.9 million ounces of gold. AngloGold Ashanti also offers various by-products recovered as a result of the processing of gold ores, which include uranium, copper, sulphur, and silver. It has a strategic alliance with Thani Dubai Mining Limited to explore, develop, and operate mines in the Middle East and parts of north Africa.the company had proved and probable ore reserves of 74.9 million ounces of gold. AngloGold Ashanti also offers various by-products recovered as a result of the processing of gold ores, which include uranium, copper, sulphur, and silver. It has a strategic alliance with Thani Dubai Mining Limited to explore, develop, and operate mines in the Middle East and parts of north Africa.

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