Union Electric Steel Corporation, a wholly owned subsidiary of Ampco-Pittsburgh Corporation, was founded in 1923 as a manufacturer of forged steel products. Since 1930, Union Electric Steel has made forged steel rolls its sole product. This specialization has made Union Electric Steel the world leader in the forged steel roll market. Leadership in the highly technical field of roll manufacturing is achieved through a focused plan of continuous improvement. The basis of this plan is firmly rooted in an comprehensive research and development program.Union Electric Steel is continually developing new chemistry and heat treatment combinations to provide new products with increased value for the ferrous and nonferrous industries.Our global customer base is served by a highly trained staff of sales engineers. Practical and innovative problem solving is the core of our customer service program. Training seminars provide an ongoing education of current development in both roll technology and roll maintenance. Union Electric Steel provides the roll user with not only the highest level of technology, but also an unparalleled level of after-sales service.

Royal Gold, Inc., a leading precious metals royalty company, owns and manages royalties primarily on precious metals mines, with a focus on gold. Royal Gold, Inc. royalty portfolio provides investors with a unique opportunity to capture value in the precious metals sector without incurring many of the costs and risks associated with mine operations. A royalty is simply a right to receive a percentage of production from a mine. By investing in a royalty, Royal Gold buys a percentage of the metal produced from a given property in exchange for a front end payment, without assuming any responsibility for the actual mining operation. Thus, the Company does not have to contribute to the operating and capital costs at the mines.

Redcorp’s outlook took a very positive turn in early 2006 when we decided to re-evaluate the Tulsequah Project in light of improving metal prices. The previous Feasibility Update scoping study which was curtailed in May 2005 was re-examined by an independent engineering consultant and found to have significant opportunities for improvement. We then made a decision to advance the Project through a series of key objectives in 2006 in order to determine its development path.We raised exploration funds in 2006 and were successful in demonstrating sizeable additions and expansion potential at the Tulsequah Chief deposit and at the Big Bull deposit. Wardrop Engineering Inc. was selected to commence the Feasibility Study re-evaluation. We also commenced the expansion of our management team to direct the Feasibility Study work and expanded corporate activity.A significant change in the Feasibility Study update was the recognition and introduction of an improved transportation access plan. Previously, we had engineered and obtained permitting approval for a 160 km access road which would allow for outbound concentrate haulage and inbound supplies. In the fall of 2006, we determined that an alternative method was available. Shallow draft barge technology was identified which would allow the Project to utilize a much more direct route along the Taku River on a year-round basis instead of seasonally. Development of this access alternative resulted in significant savings to the Project in both capital and operating costs and contributed to its significantly improved economics.The potential change in the Project’s access mode has also resulted in an improved relationship with the Taku River Tlingit First Nation (TRTFN) who, in February 2007, signed an initial letter agreement with us covering the barge amendment Environmental Assessment process. The agreement also contemplates entering into discussions for an Impact and Benefits Agreement defining the opportunities for TRTFN participation in project benefits and environmental mitigation. Our exploration activities in Portugal centre on the advanced Lagoa Salgada exploration project which hosts a copper-zinc-lead-silver-gold massive sulphide deposit, located in the highly productive Pyrite Belt in southern Portugal. We are also evaluating an earlier stage gold prospect at Vila de Rei in central Portugal where reconnaissance work has identified potential for intrusive-related gold mineralization on the concession. Further work will concentrate on follow-up of the identified targets and delineation of drill targets. A drilling program is scheduled to commence at Lagoa Salgada in February, continuing through the first quarter of 2007.We expect 2008 to be a pivotal year in our planned transition from an advanced exploration company to a mid-tier producer in 2009.

Rio Tinto is on the lookout for pay dirt. Rio Tinto Limited, one of the world's largest mining operations (along with BHP Billiton and Vale), is the Australian half of dual-listed sister companies, with Rio Tinto plc taking up residence in London. Although each company trades separately, the two Rio Tintos operate as one business. Rio Tinto mines iron, copper, uranium, industrial minerals (borax, salt, talc), gold, and diamonds. It also produces aluminum products through Rio Tinto Alcan. The company sells globally, but the majority of its operations are located in Australia and North America.

Medallion Resources is looking for gold and rare earth metals to hang around its neck. Medallion Resources company acquires, evaluates, explores, and develops promising mineral-resource projects in North America. The Ocelot Gold Project, jointly owned with Allied Nevada Gold, is located alongside the Shoshone Mountains in Nevada. In addition, Medallion Resources holds the mineral rights to the Lodi Hills property in Nevada and the Amazing Grace project in British Columbia. Medallion Resources company continues to evaluate and negotiate for additional projects in those same general regions.

Evraz Group S.A. is a large vertically-integrated steel, mining and vanadium business with operations in the Russian Federation, Ukraine, Europe, USA, Canada and South Africa. The Company is ranked the 14th largest steel producer in the world based on crude steel production of 15.3 million tonnes in 2009. Evraz is largely self-sufficient in respect of its iron ore and coking coal requirements with the majority of its internal consumption covered by its mining operations. Evraz's consolidated revenues for the year ended 31 December 2009 totalled US$9,772 million, while consolidated adjusted EBITDA(1) amounted to US$1,237 million.Evraz Group’s principal metallurgical assets include three of Russia’s leading steel plants: Nizhny Tagil Iron and Steel Plant (“NTMK”) in the Urals region and West Siberian Iron and Steel Plant (“Zapsib”) and Novokuznetsk Iron and Steel Plant (“NKMK”) in Siberia. The Company's presence in North America comprises its steelmaking subsidiary Evraz Inc. NA, which includes Evraz Oregon Steel, Evraz Claymont Steel and Evraz Rocky Mountain Steel in the United States together with Evraz Red Deer Works, Evraz Calgary Works, Evraz Camrose Works and Evraz Regina Steel in Canada. Evraz also owns the Dnepropetrovsk Iron and Steel Works (“DMZ”) in Ukraine, Evraz Palini e Bertoli (“Evraz Palini e Bertoli”) in Italy, Evraz Vitkovice Steel (“Evraz Vitkovice”) in the Czech Republic and Evraz Highveld Steel and Vanadium Corporation Limited (“Evraz Highveld”) in South Africa. In Ukraine, Evraz acquired three coking plants – Bagleykoks Coke Chemical Plant (“Bagleykoks”), Dnepropetrovsk Coke Chemical Plant (“Dneprokoks”) and Dneprodzerzhinsk Coke Chemical Plant (“DKHZ”).The Company’s mining division includes the iron ore mining complexes: Evrazruda, Kachkanarsky Ore Mining and Processing Enterprise Vanady (‘KGOK”) and Vysokogorsky Ore Mining and Processing Enterprise (“VGOK”) in Russia, the Sukha Balka Iron Ore Mining and Processing Complex (“Sukha Balka”) in Ukraine and the Yuzhkuzbassugol Coal Company (”Yuzhkuzbassugol”) in Western Siberia. The Company also holds a 40% equity interest in the Raspadskaya Coal Company (“Raspadskaya”). Evraz operates as a vertically-integrated steel producer: in 2009 the Company was self-sufficient in respect of 96% of its internal iron ore requirements and 74% of its coking coal consumption. Evraz produced approximately 17.4 million tonnes of iron ore products in 2009 and mined 10.3 million tonnes of coking coal.In 2009, the Company hold large shares of the Russian steel construction product market, in particular of H-beams, channels and rebars. Evraz accounts for 100% of rail sales in Russia and ranks second in the country’s rail wheel market.Evraz is also a major supplier of semi-finished products, slabs and billets to world markets.Evraz is a prominent player in the European plate market.Evraz is the No 1 producer of rails in the USA, the second largest producer of plate in terms of capacity and is acknowledged as a primary North American producer of tubular products, particularly in respect of LD pipes and OCTG pipes.

Mitsui Mining and Smelting (known as Mitsui Kinzoku), a member of the Mitsui "keiretsu," supplies nonferrous metals for industrial uses. Formed in 1950, Mitsui Mining company smelts, refines, and fabricates copper, zinc, and other nonferrous metals from ores produced at its own mines or purchased from outside sources. Mitsui Mining company is Japan's top producer of zinc, popularly used as a protective coating for steel. It makes die-cast parts from zinc, aluminum, and magnesium primarily for the automotive industry; it also makes copper foil, ceramics, and packaging tapes for the electronics industry. Mitsui Kinzoku's services groups are involved in environmental engineering, and metals recycling.

Claude Resources Inc. is a public company based in Saskatoon, Saskatchewan, whose shares trade on the Toronto Stock Exchange (TSX-CRJ) and the NYSE Amex (NYSE Amex-CGR). Claude is a gold exploration and mining company whose entire asset base is located in Canada. Since 1991, Claude has produced approximately 890,000 ounces of gold from its Seabee Operation located in northeastern Saskatchewan. Claude Resources, Inc. also owns 100 percent of the 10,000 acre Madsen property in the prolific Red Lake gold camp of northwestern Ontario and has a 65 percent working interest in the Amisk Lake Gold Project in northeastern Saskatchewan. Claude Resources, Inc. mission is to create significant shareholder value through gold exploration and mining. Its vision is to be highly valued by all stakeholders for its ability to discover, develop and produce gold in a safe, environmentally responsible and profitable manner.

Have you had your zinc today? Well, Asturiana de Zinc sure has. The company's core business is the refining and production of zinc metal. Its primary mining operation is the Reocín mine in Spain. Along with your run-of-the-mill ingots and wire, the company also produces zinc-based alloys, sulphuric acid, germanium dioxide, and good old zinc oxide. Asturiana de Zinc operates globally, with production units in Australia, North America, and South America in addition to its European operations. Its parent company, the Swiss metals giant Xstrata plc, has rolled its other zinc operations into Asturiana.

Serengeti Resources explores for gold, copper, and molybdenum on the plains of North America. The exploration company's projects are mostly located in the Quesnel Trough area of Northern British Columbia. Serengeti Resources company owns stakes in various properties including a 100% interest in the Kwankia Porphyry property. Serengeti Resources holds interests in 17 other properties totaling almost 1000 sq. km in the Quesnel Trough region. It has several other mineral claims in the area at less advanced stages and a few properties in the Central and Northwestern regions of British Columbia.

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