Business News Archive - May 31, 2010

JOHANNESBURG, May 31, 2010 /PRNewswire-FirstCall/ -- Gold Fields Limited (Gold Fields) (JSE, NYSE, NASDAQ Dubai: GFI) Johannesburg today announces that Alan Wright will retire as chairperson and director of Gold Fields with effect from the next Annual General Meeting on 2 November 2010. Mr Wright will be replaced as chairperson by prominent businesswomen and political and social activist, Dr Mamphela Ramphele.

TEL AVIV, Israel, May 31, 2010 /PRNewswire-FirstCall/ -- Delek Group Ltd. (TASE: DLEKG , OTCQX: DGRLY) (hereinafter: "Delek Group" or "The Group") announced today its results for the three month period ending March 31, 2010. The full financial statements will be available in English on Delek Group's website at: http://www.delek-group.com. First Quarter 2010 Highlights - Improvement in profitability across majority of subsidiaries; first quarter net income of NIS 205 million grew significantly by 31% over first quarter of 2009 - Delek Group distributes a dividend of NIS 150 million in the quarter; - Natural gas reserves discovered in the Tamar field remain on track for commercialization in 2012 and additional exploration ongoing; Group revenues for the first quarter of 2010 were NIS 11.4 billion, a 25% increase compared with NIS 9.1 billion in the first quarter of 2009.

CARSON CITY, Nev., May 31 /PRNewswire-FirstCall/ -- Geneva Resources, Inc.

VANCOUVER, May 31 /PRNewswire-FirstCall/ - Western Coal Corp (TSX: WTN, WTN.WT and AIM: WTN) ("Company" or "Western") is pleased to announce the appointment of Mr. David R. Beatty, O.B.E. (67) as Director and Chairman of its Board of Directors effective June 1, 2010. Mr. Beatty replaces Mr.

WASHINGTON, May 31 /PRNewswire-USNewswire/ -- Lieutenant General Ronald S. Coleman, the second African American in U.S.

VANCOUVER, May 31 /PRNewswire-FirstCall/ - Copper Mountain Mining Corporation (TSX: CUM) (the "Company" or "Copper Mountain") announces that Project Finance Agreements for US$322 Million have been executed by Similco Mines Ltd.

VANCOUVER, May 31 /PRNewswire-FirstCall/ - Tyhee Development Corp. (TSX Venture, TDC) (the "Company") is pleased to announce the re-start of its 2010 diamond drill program at Clan Lake, Yellowknife Gold Project.

NEW YORK, China, May 31 /PRNewswire-Asia/ -- Uni Core Holdings Corporation (OTC Bulletin Board: UCHC), as an aggressive 'company doctor' and 'incubator' of mid- to large-size companies in China is pleased to announce that the Company will sign the contract to close the acquisition of APT Paper Group Limited agreement today with the following 5 companies: FG Management Company Limited Global Golden Group Investments Co., Ltd. Wise Link Management Ltd. Plan Star Development Limited Sure Strong Limited Uni Core Holdings Corporation ("the Company") will be the acquirer.

RICHMOND, BC, May 31 /PRNewswire-FirstCall/ - Catalyst Paper (TSX:CTL) today announced the appointment of Denis Jean, a current director of the Board as the company's interim president and chief executive officer, effective immediately. A veteran of the industry, Mr.

VANCOUVER, May 31 /PRNewswire-FirstCall/ - Mexivada Mining Corp. ("MNV") has optioned its 1041.244 hectare Yecora, Mexico, gold-silver property to District Gold Inc. ("DG") in an agreement dated May 25, 2010, the "Effective Date".

Word of the Day
  • A hairdresser.
The word 'friseur' comes from French friseur, from friser ("to curl, frizz").