Within the permitted area, which is highly prospective for iron ore, significant quantities of Canga-type iron ore conglomerate have been observed forming three main plateaux covering an approximate area of 35 square km. A reconnaissance drilling/pitting programme is planned to confirm the thickness of the iron mineralisation and grade at depth with completion prior to the onset of the wet-season in May. Access roads to the plateaux will be completed in February 2012.

Sable Mining CEO Andrew Groves commented on this expansion: “this is a fantastic
addition to our iron ore portfolio, with early indications from reconnaissance work already highlighting the project’s prospectivity. Taking into account its proximity to the Nimba project, the near surface nature of the ore body, the defined plateaux and the relative proximity to infrastructure, we believe this has the potential to add significant value to the Company going forward.”

SMC will hold the company’s mining licenses in Russia’s Novosibirsk Region, where mining operations are to be commenced in the second quarter of 2012. The second British Virgin Islands company, SCT, is the commodities trading division of TurkPower Corporation, and will have offices in Russia, Spain, Switzerland and the British Virgin Islands.

TurkeyPower Corporation expects to sell and ship its inventory of coking coal worth in excess of $20 million through its subsidiary SCT in the first quarter of 2012. Also, a substantial long-term coal off-take agreement is scheduled to take place in the first quarter of 2012.

For the safety of company’s employees as well as for environmental protection concerns, the BVI company has ordered an immediate suspension of the molybdenum mining operation in order to further investigate the situation.

At the current moment, Qiao Xing Universal Resources is actively monitoring the mining-waste containment reservoir, and also is evaluating possible remedial options to fix the containment dam and resume mining operation as soon as possible.

In June 2011, investments by Indian companies in overseas markets made over US$5 billion, of them US$3.9 are in the form of guaranteed issues. More than US$600 million are in equities, and US$900 million is in the form of debt. Most of investments are in wholly-owned subsidiaries and joint ventures.

To name the leaders, the major investor in the overseas companies was Mundra Port with US$2.2-billion investment as credit guarantee in Australia; the second one was Biocon with US$350-million investment in its Malaysian subsidiary, followed by Sun Pharma with US$300-million investment in the British Virgin Islands.

Actually, 60% of equity investments by Indian companies come to Mauritius. The British Virgin Islands and other offshore tax havens are used by companies to save on tax in the United States.

BVI company’s CEO stated in his comments: “I am very pleased to discuss the recent achievements of Tongxin International and our plans to maintain our vigorous growth with Global Hunter’s audience of top institutional investors who are focused on China-based companies. I look forward to sharing with them Tongxin’s 20-year history of growth and our most recent initiatives for the future. I’m confident they will recognize our achievements and the opportunity to participate in our growth over the next few years.”

Global Hunter Securities, LLC is a full service investment bank focused on middle market corporate and institutional clients. Global Hunter has offices in San Francisco, New York, Houston, Ft. Worth, New Orleans, and Newport Beach, it has also presence in mainland China.

The BVI company and two other companies have formally announced their newly-formed PV investment consortium, aiming to improve efficiency and bring comprehensive solutions to solar park construction in Europe. Their consortium has already attracted the attention of leaders from political and business circles.

Subject to the agreement, the three parties will cooperate in all dimensions within the vertically integrated solar value chain, using their own advantages so to increase market share. Basing on CTDC’s established sales channels in China, US and Europe, the parties to the investment consortium will be able to effectively speed up module sales, installations on integrated systems, solar plant development.

The consortium also plans to start with a project company to jointly invest in and construct small-size solar plant, among other things it will cooperate over CTDC’s initiatives. By words of Mr. Jianxin Zhang, CEO of TBEA SunOasis, the PV investment consortium has strong financial support from China Development Bank and China Billion credit facilities.

The investment business license enables Gallant to offer its services within the confines of a respected regulatory framework. By words of company’s CEO Salvatore Buccellato, “Both receiving and being the first to receive an investment business license from the BVI FSC to deal in investments as a principal is exciting and a huge milestone for our company. It symbolizes our commitment to our global clients, and it adds momentum to our continuing effort to expand our company through our products and services.”

Thr BVI FSC is the regulatory authority for all kinds of financial services in this offshore tax haven. It also ensures compliance with international standards and best-conduct business practices.

These traits proved to be effective in both lab and field environments, their commercialization is novel to the Chinese market, and they are protected by patents granted separately by China and USA. The BVI company will license the traits to its partner and take the lead in the development and testing activities.

Origin Agritech is the owner of comprehensive worldwide rights to glyphosate- resistant and BT- genes developed by the Chinese Academy of Agricultural Sciences (CAAS).

According to the Acting Chief Financial Officer of the BVI corporation, this agreement is a milestone for Origin Agritech to validate its GM technology. He said that, after the successful integration of these traits, the company would be seeking to finalize subsequent collaboration agreements to sell these seeds into Chinese and potentially in the other markets.

Behre Dolbear Group Inc. is an advisory and consulting group working in international mineral industry, having offices in 11 cities internationally including in China, Mongolia, the United States, Canada, Australia, Mexico and Chile. The company specializes in performing mineral industry studies for mining companies, financial institutions and natural resource firms.

The Chairman and CEO of the BVI company, Mr. Feilie Li, commented on the engagement of Behre Dolbear having said that “The independent technical reports to be prepared by Behre Dolbear are intended to enable the Company to provide useful, transparent and internationally comparable coal reserve information to the shareholders and the investment community. We are positive about the prospects for the coal mining industry in the PRC and we will continue to pursue growth through acquisition and consolidation of small to medium sized coal mines.”

Orca’s Chairman and CEO Mr David Lyons appointed Mr Andrew Brown as General Manager of Orca’s natural gas production, gas marketing and distribution operations in Tanzania. He will be based at Orca’s operations headquarters in Dar es Salaam.

Mr Raillard has been named Vice-President of EastCoast Transmission and Marketing, the new infrastructure development division of Orca. Mr Raillard is leading a study focused on expanding the onshore natural gas pipeline system that currently transports Songo Songo gas to Dar es Salaam.

Orca Exploration has interest in PanAfrican Energy Tanzania and Songas is an international public company engaged in natural gas exploration, development and supply in Tanzania, oil explorationin Italy.