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Leading Mining Companies Making Technological Advancements: Paradigm, Alcoa, Vale, Goldcorp, Yamana Gold and Newmont Mining


News provided by

FN Media Group, LLC

Dec 09, 2013, 09:06 ET

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CORAL SPRINGS, Florida, December 9, 2013 /PRNewswire/ --

Market news and updates for mining companies making strides to maximize resources: Paradigm Resource Management Corporation (OTCQB: PRDC), Alcoa, Inc. (NYSE: AA), Vale S.A. (NYSE: VALE), Goldcorp Inc. (NYSE: GG), Yamana Gold, Inc. (NYSE: AUY) and Newmont Mining Corporation (NYSE: NEM)

Paradigm Resource Management Corporation (OTCQB: PRDC) announced that it signed an Amendment to the original Acquisition Agreement, filed on July 24th, 2013, which now enables Paradigm the option to control Toss Plasma Technologies Ltd. ("TPT").  TPT utilizes Radio Frequency (RF) Plasma technology to improve precious metals yields in the extraction process from complex ores. In addition to cost effectively increasing efficiencies and yields; the process is more environmentally friendly then current industry standards.

To read the full press release, please click here:http://www.fnmprofiles.com/profiles-prdc.html

Ted Ozaki, Paradigm's CEO noted "Since our initial transaction in July 2013, we have experienced an astonishing level of interest from a wide range of mining companies, as such our ability to gain controlling ownership in TPT was an major accomplishment advancing the Company's business model. Paradigm is now positioned to become a pioneer with a game changing technology capable of extracting precious metals from complex mining ores that are commonly found in many different locations world-wide, this improves the Company's ability to attract new potential institutional and individual investors."  

Alcoa, Inc. (NYSE: AA) engages in the production and management of primary aluminum, fabricated aluminum, and alumina. The company operates in four segments: Alumina, Primary Metals, Global Rolled Products, and Engineered Products and Solutions. The Alumina segment engages in mining of bauxite, which is then refined into alumina. The Primary Metals segment produces aluminum. The Global Rolled Products segment engages in the production and sale of aluminum plate, sheet, and foil. The Engineered Products and Solutions segment produces and sells titanium, aluminum, and super alloy investment castings, forgings and fasteners, aluminum wheels, integrated aluminum structural systems, and architectural extrusions, as well as hard alloy extrusions. Its products are used in aircraft, automobiles, commercial transportation, packaging, building and construction, oil and gas, defense, consumer electronics, and industrial applications. Alcoa closed up .11% on Friday afternoon on over 16.8 million shares traded.  

Vale S.A. (NYSE: VALE) engages in the research, production, and marketing of iron ore and pellets, nickel, fertilizers, copper, coal, manganese, ferroalloys, cobalt, platinum group metals, and precious metals in Brazil and internationally. Its Bulk Material segment engages in the extraction of iron ore and pellet production, as well as operation of transport systems in Brazil, including railroads, ports, and terminals related to mining operations. This segment is also involved in the production of manganese and ferroalloys; and mining of coal. The company's Base Metals segment produces non-ferrous minerals, including nickel and copper; and aluminum products. Vale S.A.'s Fertilizers segment provides potash, phosphates, and nitrogen. The company's Logistic Services segment offers cargo transportation services, such as rail transport, port, and shipping services for third parties. In addition, Vale S.A. generates energy through hydroelectric plants and centers in Brazil, Canada, and Indonesia; and has a natural gas exploration portfolio of 18 blocks in 4 petroleum basins in Brazil. Vale closed up .99% on Friday afternoon on over 12.3 million shares traded.  

Goldcorp Inc. (NYSE: GG) is pleased to declare its twelfth monthly dividend payment for 2013 of $0.05 per share. Shareholders of record at the close of business on Thursday, December 12, 2013 will be entitled to receive payment of this dividend on Friday, December 20, 2013. Goldcorp has paid a monthly dividend to its shareholders since 2003.  Canadian resident individuals who receive dividends from Goldcorp after 2005 are entitled to an enhanced gross-up and dividend tax credit on such dividends.  

Yamana Gold, Inc. (NYSE: AUY) engages in the exploration, development, and production of mineral properties, primarily gold. It also explores for copper, molybdenum, zinc, and silver metals. The company's property portfolio includes seven operating gold mines, including Chapada mine, Jacobina mining complex, and Fazenda Brasileiro mine in Brazil; El Peñón mine and Minera Florida mine in Chile; Gualcamayo mine in Argentina; and Mercedes mine in Mexico. It also has a 12.5% indirect interest in the Alumbrera copper/gold/molybdenum mine in Argentina, as well as holds interests in various advanced and near development stage projects and exploration properties in Brazil, Chile, Argentina, and Mexico.

Newmont Mining Corporation (NYSE: NEM) recently announced the signing of a Stock Purchase Agreement (the "Agreement") under which Klondex Mines Ltd. (KDX.TO) ("Klondex") will acquire Newmont's Midas underground operation and mill complex in Nevada for total consideration in excess of $83 million. "We are pleased to have reached agreement with Klondex for the sale of Midas and believe they are well positioned to continue safely and successfully operating the mine," said Randy Engel, Newmont's Executive Vice President, Strategic Development. "This agreement underscores our ongoing commitment to optimizing our portfolio, as we continue to focus on our longer-life and lower cost core assets."

FinancialNewsMedia.com  is leading provider of third party publishing & news dissemination services. If you would like more information regarding our news coverage solutions, please visit http://www.financialnewsmedia.com   for more details. Get an edge on the market with our Premium News Alerts  that are FREE for a limited time at http://www.financialnewsmedia.com/. Follow us on Facebook:  http://www.facebook.com/financialnewsmedia  and Twitter: http://twitter.com/FNMgroup. Sign up for our FREE SMS News alerts delivered directly to your mobile phone by texting the word PRESS to 545454.  (SMS alerts are free, however data rates may apply, check your wireless plan for details.)

DISCLAIMER:  FN Media Group LLC (FNMG) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels.  FNMG is NOT affiliated in any manner with any company mentioned herein.  FNMG and its affiliated companies are a news dissemination and financial marketing solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security.  FNMG's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities.  The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material.  All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks.  The companies that are discussed in this release may or may not have approved the statements made in this release.  FNMG is not liable for any investment decisions by its readers or subscribers.  Investors are cautioned that they may lose all or a portion of their investment when investing in stocks.  FNMG was compensated one thousand five hundred dollars for the dissemination of the news released by Paradigm Resource Management Corporation. by a non-affiliated third party.

FNMG HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.  

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNMG undertakes no obligation to update such statements.

Contact Information:
Company:  FN Media Group, LLC
Contact email:  [email protected]
U.S. Phone: 1(954)345-0611
URL: http://www.financialnewsmedia.com

SOURCE FN Media Group, LLC

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