Orofino Gold Corp. (ORFG)
Gold is used to make coins. However, the only people interested in gold coins nowadays are coin collectors. In the past, gold coins were used as currency. And, there are still areas and fields of business that accept gold as the only medium of payment. Many countries have reserves of gold bullion to maintain the credibility of their currency. This bullion is nothing but bars of solid gold. They are used for the purpose of adding value to the paper money.
Diamonds are precious and sought after by man. When compared with gold, they are at an insurmountable disadvantage. Diamonds have a fixed shape, especially after they are cut and polished. On the other hand, gold can be given any shape, however delicate and intricate. Therefore, jewelers find it an easy material to work with. Because of high electrical conductivity and inertness, the element gold is used in high-end electronic instruments, printed circuit boards. Especially, when performance and dependability of the equipment takes precedence over the cost. Gold is also used for satellite construction.
Gold can be used as a shield to protect sensitive instruments from infrared radiations. It reflects infrared radiation effectively and is therefore used in spacecrafts and telescopes. Currently, gold is being used as an alternative medicine in the treatment of arthritis. Au-198, which is radioactive, is used in the treatment of cancer. It is hoped that in certain diseases like cancer, gold in the nano-particle form could deliver drugs to the affected parts of the body. Caps for teeth are made using gold. Gold caps can stand the pressure of chewing better than porcelain caps. Complete teeth are also made with gold.
Orofino Gold Corp. (ORFG) is a Colombia based gold producer founded as a private company in 2009 by former executives with over 50 cumulative years in mining exploration, finance, and development expertise. Orofino Gold Corp. (ORFG) objective is to continue to build shareholder value through the exploration and development of Senderos de Oro and additional accretive acquisitions, capitalizing on the extensive experience and relationships that management has developed over the past 25 years.
Orofino Gold Corp. (ORFG) is pleased to announce the appointment of Dr. Hans Bocker as the new Chairman of the Board.
The Company held a Board meeting dated April 5, 2011, to initiate certain corporate changes to the existing members of the Board of Directors. The Board of Directors unanimously appointed Dr. Hans Bocker as the new Chairman of the Board, and the former Chairman, Mr. Ning Shi Long, resigned as Chairman due to personal obligations, but will remain as a member of the Board of Directors.
Dr. Hans J. Bocker is an internationally recognized academic advisor. His expertise encompasses fundamental organizational and operational logistics including production and operations management, purchasing and procurement, safety, loss control, quality management, international management, cross-cultural management, transportation and traffic logistics, and leadership training for executives.
In addition to his logistical expertise, Dr. Bocker is also an internationally recognized gold expert. He recently published a book on gold titled Freedom Through Gold which has sold out in several languages. He is also a published journalist with over 2000 publications.
On behalf of the Board of Directors, the Company wishes to extend their gratitude to Mr. Ning Shi Long for his commitment and efforts as past Chairman of the Board.
For more information please visit official website of ORFG: http://www.orofinogoldcorp.com/
CIBER, Inc. (NYSE:CBR) a global information technology consulting, services and outsourcing company, announced that its 2011 first quarter financial results are available on its investor relations website at: http://www.ciber.com/news/index.cfm?id=20110503, as well as on Form 8-K which has been filed with the Securities and Exchange Commission and is available on its website at http://www.sec.gov.
CIBER, Inc. is a global information technology consulting, services and outsourcing company applying practical innovation through services and solutions that deliver tangible results for both commercial and government clients. Services include application development and management, ERP implementation, change management, project management, systems integration, infrastructure management and end-user computing, as well as strategic business and technology consulting.
Royal Caribbean Cruises Ltd. (NYSE:RCL) announced better than expected first quarter results and updated guidance for the remainder of 2011. Net income was $91.6 million, or $0.42 per share versus, $87.4 million, or $0.40 per share in 2010. Included in the 2010 results was a one-time gain of $85.6 million, or $0.39 per share related to a legal settlement; Net Yields increased 4.0% (2.8% on a Constant-Currency basis); Net Cruise Costs per APCD ("NCC") were up 0.2% (down 0.1% on a Constant-Currency basis); Included in Other Income/(Expense) was an $0.11 per share marked-to-market gain on the company's fuel option portfolio.
Royal Caribbean Cruises Ltd. operates in cruise vacation industry in North America and internationally. The company owns five cruise brands: Royal Caribbean International, Celebrity Cruises, Pullmantur Cruises, Azamara Club Cruises, and CDF Croisieres de France.
MDU Resources Group Inc. (NYSE:MDU) reported first quarter consolidated earnings of $42.8 million, or 23 cents per common share, compared to $41.6 million, or 22 cents per common share for the first quarter of 2010. "We are off to a good start with earnings that are stronger than a year ago," said Terry D. Hildestad, president and chief executive officer of MDU Resources. "We increased our oil production even with weather challenges, and our utility and construction services businesses reported higher earnings. These improvements along with successful resolution of several open tax years which reduced our tax expense, more than offset lower natural gas prices and the absence of earnings from Brazilian transmission assets sold last year.
MDU Resources Group Inc. operates as a natural resource company in the United States. The company provides electric retail, natural gas distribution, and natural gas transportation services. As of December 31, 2009, it served approximately 122,000 residential, commercial, industrial, and municipal electric customers in 177 communities; and approximately 829,000 residential, commercial, and industrial natural gas customers in 333 communities, as well as had approximately 17,000 miles distribution systems.
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