The story of Alliance begins in 1971 when MAPCO Inc., then a Fortune 500 diversified energy company, entered the coal-production business, acquiring the Dotiki mine. This underground operation in Webster County, Kentucky, soon became, and remains to this day, one of the most productive coal mines in the country. By the time the company reached its silver anniversary, MAPCO Coal owned five mining complexes in three states — Kentucky, Illinois, and Maryland. It also owned the Mt. Vernon Facility, a rail-to-barge loading terminal on the Ohio River. Located in Indiana, the Mt. Vernon facility is capable of handling 8 million tons of coal per year. In 1996, management formed Alliance Coal Corporation and led a buyout of MAPCO Inc.'s coal operations with the financial support of The Beacon Group. Within two years, Alliance acquired Hopkins County Coal, a surface/underground operation in Hopkins County, Kentucky, and opened MC Mining, an underground mine in Pike County, Kentucky. In 1998, Alliance sold 15.1 million tons of coal and was recognized as the sixth-largest coal producer in the eastern United States. During 1999, Alliance Resource Partners, L.P. was formed, and after completion of its initial public offering as a publicly-traded master limited partnership, acquired the coal operations of Alliance Coal Corporation. The new company soon broke ground for a new underground mining complex in Gibson County, Indiana. Production began at Gibson County Coal the following year. ARLP began a $30 million extension of its Pattiki mine in southern Illinois during 2000. Construction of a new mine shaft and ancillary facilities began in 2001 at the Dotiki mining complex. Both of these projects were completed during the second quarter of 2003 and positioned Alliance Coal to meet increasing demand for its coal. In 2002, management purchased all of The Beacon Group's interest in ARLP. The acquisition was not funded or secured with any of Alliance's assets.

Hinterland Metals is on a quest for precious and base metals in the hinterlands of Canada. The exploration and development company is acquiring interests in properties with potential for gold, silver, copper, nickel, platinum, and palladium. Its main properties include the Plateau Project in Quebec (platinum and palladium), the Revell Project in Ontario (gold and platinum), and the Teck and Lockout gold properties in Ontario. Hinterland Metals also has three uranium properties in Nunavut and Manitoba, Canada as well as partial interests in nine base metal and diamond projects. It participates in alliances with Dianor Resources, RJK Explorations, and Freewood Resource Canada.

Harris Steel Group is a leading North American steel fabricator and processor. Through over 80 strategically located facilities in Canada and the United States, we sell value-added products and services to a diverse customer base within the construction, automotive, industrial and mining markets.Harris Steel Group is a wholly owned subsidiary of Nucor Corporation. Headquartered in Charlotte, NC, Nucor makes more steel in America than any other company. Nucor and affiliates are manufacturers of steel products, with operating facilities primarily in the U.S. and Canada. Products produced include: carbon and alloy steel - in bars, beams, sheet and plate; steel joists and joist girders; steel deck; fabricated concrete reinforcing steel; cold finished steel; steel fasteners; metal building systems; light gauge steel framing; steel grating and expanded metal; and wire and wire mesh. Nucor, through The David J. Joseph Company, one of the leading scrap companies in the U.S., also brokers ferrous and non-ferrous metals, pig iron and HBI/DRI; supplies ferro-alloys; and processes ferrous and non-ferrous scrap. Nucor is North America's largest recycler.

Celtic Energy Limited is the leading Coal Mining Company in South Wales. We produce over 1 million tonnes of high quality coal per year from our sites in South Wales for domestic, industrial and electricity generation demand in the UK and elsewhere in Europe. Celtic Energy Limited operates surface coal mining sites and a coal washery at Onllwyn, near Neath, where the coal is processed and despatched by road and rail to customers throughout Europe. Celtic Energy Limited plans and operates its sites such that environmental impact is minimised and sites are restored to a number of land uses, including agriculture, forestry and local amenity such as wetlands, tree plantations and other forms of development.

Shougang Concord International trades in a variety of industries, although steel production is its bread and butter. The bulk of its revenues come from the manufacture of steel plates and products; it is also engaged in steel trading, iron ore mining, coking coal mining, copper and brass products, and shipping operations. Shougang's steel production is handled through subsidiary Qinhuangdao Shougang Plate Mill. Its Shougang Concord Shipping division operates time charter freight shipping. Most of Shougang's sales are to mainland China and Hong Kong.

I. Schumann & Co. is a fourth generation family-owned and operated ingot maker located in the southeastern Cleveland suburb of Bedford, Ohio. Operating in its fourth location since 1917, this secondary non-ferrous scrap recycler manufactures ingots to the highest quality using ISO certified procedures. Through continuous improvement, I. Schumann and Co. maintains a state-of-the-art facility with respect to its manufacturing and environmental awareness. The company manufactures and stocks proprietary, CDA and ASTM specification alloys.

Tubos Reunidos has been producing seamless products since its founding in 1892. The Spanish company operates its own mills that produce steel slab from which it makes its downstream products. Those end products include seamless pipes and other steel products, including boilers, high or low pressure service pipes, hollows for cold-drawn tubes, line pipes, mechanical tubes, and tubing and casing. Tubos Reunidos serves the automobile, chemical, construction, oil and gas, and petrochemical industries.

Nippon Steel rates as Japan's heavy lifter. Nippon Steel Corporation company, the world's second-largest steelmaker after ArcelorMittal, manufactures pig iron and ingots, steel bars, plates, sheets, pipes, and tubes, as well as specialty, processed, and fabricated steel products. Nippon Steel's annual crude steel output is roughly 31 million tons. The company's operations include engineering, construction, chemicals, nonferrous metals, ceramics, electricity supply, information and communications, and urban development (theme parks and condominiums). Nippon Steel also provides energy, finance, and insurance services.

Coral Gold Resources is exploring a portfolio of strategically-located claim blocks along the Cortez gold trend in north-central Nevada at the Robertson Project. Robertson adjoins Barrick Gold Mines' Cortez Mine, one of the lowest cost Au producers in Nevada. The Pipeline open pit at Cortez is just south of Robertson in Crescent Valley. Barrick recently reported proven and probable reserves at Cortez of 13.4 million ounces of gold.Drilling at Robertson and a resulting 3-D resource block model have increased the property's inferred gold resource estimate to 3.4 million ounces. This latest calculation, prepared by Beacon Hill Consultants of Vancouver, BC is fully 43-101 compliant and calculated on the basis of US$850 gold and recoveries of 70%.

Sabin Metal Corporation recovers and refines precious metals from the hydrocarbon, petroleum/petrochemical, chemical, pharmaceutical, nitric acid, electronics, mining, and other industries that use precious metals in their products or processes. We recover platinum, palladium, ruthenium, rhodium, rhenium, gold, and silver, from a variety of sources. Sabin Metal was established in 1945 and is now the largest independently owned precious metals refiner in North America, with processing plants and customer service facilities throughout the world. With all of our successes, however, we are most proud of the long-term relationships we enjoy with many of our customers, some of whom we've worked with for decades. We take our responsibilities seriously with regard to serving them fairly and in a straightforward manner. To accomplish this we employ advanced analytical equipment, systems, and processing methods that work in unison to help provide the highest possible return values for recovered precious metals. We also work hard to assure full compliance with appropriate environmental codes and standards which ultimately protects our customers' interests as well.For more than six decades, we have carefully managed our growth by addressing our customers' interests first, by working closely with them and/or their representatives, and by treating our relationships as virtual partnerships, all while maintaining the industry's most stringent environmental management policies that not only serve our customers' interests but also protect our global ecosystems. No matter what your expectations are for maximum returns for your precious metal-bearing materials'anytime and anywhere'we invite you to experience the Sabin difference and join our growing family of satisfied customers

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