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Last updated on May 18, 2013 at 7:26 EDT

Business News Archive - August 12, 2008

Nirek Resources Inc.("Nirek") (FRANKFURT: 3N6)(Gold Warrant:CA6546411175) is pleased to announce the completion of a preliminary National Instrument 43-101 report on its Sarah Lake property in Quebec.

SmallCapVoice.com, Inc. today announced that VIPR Industries Inc. (Pink Sheets:VIPR) (Frankfurt:VIN.F) this week released Initial results from the Phase I surface sampling program at the Singida Gold Property confirm gold mineralization.

Syncora Holdings, a provider of financial guarantee insurance, reinsurance, and other credit enhancement products, has reported a net loss of $493 million, or $7.7 per common share for the second quarter of 2008 compared to a net income of $26 million, or $0.40 per common share in the second quarter of 2007.

Research and Markets Laura Wood Senior Manager press@researchandmarkets.com Fax from USA: 646-607-1907 Fax from rest of the world: +353-1-481-1716 Logo: http://www.researchandmarkets.com Research and Markets (http://www.researchandmarkets.com/research/ 5e3e26/3q08_europe_and_ce) has announced the addition of IE Market Research Corp.'s new report "3Q08 Europe and Central Asia Mobile Forecast, 2008 - 2010" to their offering.

Research and Markets Laura Wood Senior Manager press@researchandmarkets.com Fax from USA: 646-607-1907 Fax from rest of the world: +353-1-481-1716 Logo: http://www.researchandmarkets.com Research and Markets (http://www.researchandmarkets.com/research/ 678377/latin_america_te) has announced the addition of the "Latin America - Telecom Market Regulatory Overview & Infrastructure" report to their offering.

The lies being spread about the time required to increase our oil production continue unabated by the Democrats. Here are some interesting facts that you never hear: * The Alaskan Pipeline/Prudhoe Bay development was as controversial as the Arctic National Wildlife Refuge is today.

The cost of energy has gotten out of hand. I talk to people all the time who complain about their energy bills - imagine trying to run a center that has 100 people going in and out. It's all I can do to pay the electric bill.

ALMATY, Kazakhstan, Aug. 12 /PRNewswire-FirstCall/ -- BMB Munai, Inc. has filed its quarterly report on Form 10-Q with the US Securities and Exchange Commission for the quarter ended June 30, 2008.

Key Highlights * Revenue increased 48% in the second quarter 2008 compared to the second quarter 2007 (YTD Increase 35%) * EBITDA increased 97% in the second quarter 2008 when compared to the second quarter 2007 (YTD Increase 87%) * EPS on a fully diluted basis increased 114% compared to the second quarter 2007 to $0.92, EPS, excluding non-recurring charges, increased 170% compared to the second quarter 2007 to $1.16 * Advanced Materials and Engineering Systems experienced robust revenue and EBITDA growth during second quarter 2008, driven primarily by improved pricing in metals and alloys and continuing demand for solar silicon DSS furnaces * Timminco's second quarter revenue and EBITDA improved by 63% and over 600% compared to the second quarter of 2007 * Timminco shipments of solar grade silicon more than doubled to 221 MT in the second quarter * Graphit Kropfmuehl contributed $24.6 million to revenue and $3.0 million to EBI

The New York attorney general, Andrew Cuomo, said Monday that he was expanding his investigation into the collapse of the auction- rate securities market to include JPMorgan Chase, Morgan Stanley and Wachovia. Cuomo said he wanted to begin settlement talks immediately.