Majestic Gold Corp. (TSX.V:MJS) (FSE:MJT) is a Vancouver-based; TSX Venture Exchange and Frankfurt Exchange listed gold exploration and development company with a very advanced gold deposit in Shandong province of China. On April 23, 2010, the company released an updated NI 43-101- compliant, indicated and inferred gold resource estimate on its Song Jiagou property. At present, Majestic Gold Corp. is aggressively pursuing a pre-feasibility study. A recently announced agreement will increase Majestic’s effective ownership from 54 to 94 % and has allowed the property to commence production at an initial rate of 1,400 tpd. With a contract that fixes operating costs and allows use of land and equipment, Majestic anticipates to have a positive cash flow within a matter of months.
Gold mining in China has recently made that country the world’s largest gold producer. For the year 2007, gold output rose 12% from 2006 to 276 tonnes (or 9.7 million ounces) to become the world’s largest for the first time — overtaking South Africa, which produced 272 tonnes. South Africa had until then been the largest for 101 years straight since 1905. The major reasons for this change in position had been due to South African production falling by 50% in the past decade as production costs there have risen, more stringent safety regulations have been implemented, and existing mines have become depleted.
Gold output in China has risen by 70% for the past decade. In recent years, China’s gold mining industry has received increased foreign and domestic investment, and project numbers have increased as more discoveries have been found. China produced nearly 300 tonnes of gold in 2008. It is also the only country in the top three where production rose in 2008
Gold mining in China dates back to the Song Dynasty.
In recent years, domestic gold production has risen by 15% annually compared to the 3% decline in global production in 2006. This tremendous increase has been due to rapid capital expansion and low costs of labor. Chinese gold producers have gained enormously from the record high gold prices as investors worldwide are seeking stability due to the decline in the value of the dollar.
Most of China’s gold output stays in the country where it is transformed into jewelry and manufactured items, though the country’s export role is increasing. In 2007, fabrication rose 18%, helped by demand from China’s increasingly wealthy middle and upper classes.,,With a rapid rise in domestic demand, China is now the world’s fourth largest gold-consuming country. Chinese market demand accounts for 9.2% of worldwide gold consumption.
For More Information On Majestic Gold: www.majesticgold.net
SavWatt USA, Inc. (SAVW.PK), pioneers in LED lighting and the Green revolution, announced that their first product has been approved and received Lighting Facts� Certification by the U.S. Department of Energy. As innovative LED lighting products emerge, the facts about LED lighting performance must hit the market with equal speed. Clear labeling on lighting performance is the critical link between innovation and successful market introduction. Lighting Facts� showcases LED luminaire manufacturers who commit to testing products and reporting performance results according to industry standards. For lighting buyers, designers, and energy efficiency programs, the Lighting Facts label provides information essential to evaluating products and identifying the best options.
Michael Haug, CEO of SavWatt, commented, “This is a proud and exciting moment for SavWatt, having Lighting Facts certification means we are one of the few companies that meet the U.S. Department of Energy standards. This endorsement means SavWatt’s Brand has the quality and performance American consumers demand.”
SavWatt is leading the LED lighting revolution and setting the stage to obsolete the incandescent light bulb through the use of energy-efficient, environmentally friendly LED lighting. SavWatt is a market-leading innovator of LED lighting. SavWatt’s product families include LED fixtures, bulbs, Street Lights and Parking Lights.
Constant Contact, Inc. (Nasdaq:CTCT) a leading provider of email marketing, event marketing, social media marketing and online survey tools for small organizations, announced its chief financial officer, Harpreet Grewal, recently presented at the Credit Suisse 2010 Annual Technology Conference, held at the Phoenician Hotel in Scottsdale, Arizona. The Constant Contact presentation was Thursday, December 2, 2010.
Constant Contact, Inc. provides on-demand email marketing and online survey solutions, as well as event marketing solutions for small organizations, including small businesses, associations, and non-profits located primarily in the United States.
Standard Microsystems Corp. (Nasdaq:SMSC) a leading semiconductor company creating valued connectivity ecosystems, introduced its LAN7500, an industry-leading, fully integrated Hi-Speed USB 2.0-to-Gigabit Ethernet device. The LAN7500 offers an integrated 10/100/1000 physical layer and power management enhancements such as �Wake on LAN� mode, which allows systems to enter a low power state and wake on desired network traffic, thereby conserving resources during downtimes. SMSC�s LAN7500 is also the industry�s first fully integrated Hi-Speed USB 2.0�to-Gigabit Ethernet device to receive certification from the USB Implementers Forum (USB-IF).
Standard Microsystems Corporation engages in the design and sale of silicon-based integrated circuits that utilize analog and mixed-signal technologies.
Dorman Products, Inc. (Nasdaq:DORM) has just released over 100 new products this month, featuring over 50 Formerly �Dealer Only� parts that were previously unavailable in the Aftermarket. These are the latest of the nearly 2,000 new products introduced in 2010. Instead of going to the Dealer, professional Technicians and vehicle owners can now source items such as Column Shift Repair Kits, Snap-In Plastic Backed Mirror Glass, Body Mount Kits and Suspension Track Bars from their Aftermarket parts supplier. The Column Shift Repair Kit contains a Shift Lever Bracket that connects the Shift Lever to the Shift Linkage on Ford Explorers and Mercury Mountaineers from 2002-2005. This part fails from wear, resulting in the inability to shift the vehicle into gear. The Dorman part reduces repair costs by allowing just the failed part to be replaced, not the entire Steering Column Assembly.
Dorman Products, Inc. supplies original equipment dealer automotive replacement parts, and fasteners and service line products primarily for the automotive aftermarket.
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