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.

Chief executive officer of the Ogier group Nick Kershaw said: “The new office is being driven by client demand, as many of our existing clients currently use or have expressed an interest in using Luxembourg, either standalone or as part of an offshore structure. Having a Luxembourg legal capability will therefore complement our existing suite of services.”

The Luxembourg office will be led by Francois Pfister, supported by Ogier Jersey partner Daniel Richards.

In addition to the new legal outpost, later this year Ogier plans to establish a corporate and fund administration busuiness in Luxembourg. Last year, offshore law firm opened its first Chinese office in Shanghai, in addition to an office in the Hong Kong offshore jurisdiction, which was established in 2006.

Currently, Ogier employs 850 people worldwide and has offices in Bahrain, the British Virgin Islands, the Cayman Islands, Guernsey, Ireland, Jersey, London and Tokyo.

This month, the management team of the BVI company have been asked to travel to Mozambique to present the results of the trials to government ministers responsible for humanitarian demining and the oil and gas sectors. Mineseeker is confident that it will secure letters of intent for both the humanitarian projects and for the liberation of land in the oil and gas concessions as a result of these meetings.

According to the records publicly available, the following services are included under the licence currently held by Infinity Broadband: Internet telephony, public service TV broadcasting, subscription TV broadcasting, and Internet. The olicence also authorises Infinity to operate ICT networks.

Licence holder Randy Merren declined to comment on this case, saying the proposed shares transfer was pending before the ICTA board. ICTA officials also declined to comment on the share transfer application.

CEO and Chairman of the BVI company said in his comments: “We are pleased of signing this 200-250km/h high-speed rail ATP contract for the works we’ve already completed largely. With approximately 17,000 km of high-speed rail tracks currently in construction in China , we are still seeing a huge market potential in high-speed rail signaling market for leading players like Hollysys to realize and capture. Given the whole product suite of our proprietary high-speed rail signaling systems completed and received European Safety Standard certification, Hollysys is poised to explore the vast international railway market to further create value for our shareholders.”

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.

New office of the BVI company supports current and future planned capacity growth in product development, business development, marketing and customer relationship management.

Mr Vito Gomes, Founder and Managing Director of the company, has commented on the event: “ASMs extended Dubai office space along with our international office locations, will allow us to increase our capabilities that align with our current and future growth plans. The new space will allow us to expand our core teams to support the growth we are experiencing while giving us dedicated facilities to host customer briefings and other activities.”

Under the terms of the newly signed contract, the company expects to receive firm orders under the contract soon which will support high-volume production starting at the end of December 2011, with shipments beginning in early January.

Discussions with the second major customer to produce LCD module subassemblies for smart phone applications at the company’s Shenzhen site are in progress. The parties currently plan high-volume production of the modules to begin about June 2011.

The Chairman and CEO of China Natural Resources, Mr. Feilie Li, in his comments said the following: “The results of the independent technical report prepared by Behre Dolbear are encouraging. The Company is committed to providing useful, transparent and internationally comparable coal reserve information to our shareholders and the investment community. The progress of the mine construction and/or upgraded mine development projects of the coal mines is satisfactory. Both Baiping and Gouchang coal mines are currently operating while Linjiaao coal mine is in trial run. The mine construction of Yongsheng mine, which has been granted a mining right permit to mine 600,000 tonnes per annum in its first phase of development, is expected to be completed next year and its trial run will be commenced thereafter. We remain 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.”

According to the investment agreement signed in 2009, CNMIM were entitled to appoint two directors to the Board of the BVI company, based on 20 per cent interest in the share capital of Chaarat. As a result of the share placement completed in March 2011, the holding of CNMIM was diluted to the level below 9%.