CITY OF INDUSTRY, Calif., May 9, 2011 /PRNewswire-FirstCall/ -- US China Mining Group, Inc., ("US China Mining") (OTC Bulletin Board: SGZH) a Chinese leader in coal production and exploration in the People's Republic of China, today announced that its 2011 first quarter financial results will be released after the market close on Monday, May 16, 2011. A conference call to discuss the results is scheduled at 4:15 p.m. ET, May 16, 2011.
To attend the call, please use the dial-in information below. When prompted, ask for "US China Mining Group " and/or be prepared to provide the conference ID.
Date: Monday, May 16th, 2011
Time: 4:15 p.m. Eastern Time, US.
Conference Line Dial-In: +1-877-941-8418
International Dial-In: +1-480-629-9809
Conference ID: 4440255 "US China Mining Group"
Webcast link: http://viavid.net/dce.aspx?sid=00008638
Please dial in at least 10 minutes before the call to ensure timely participation. A playback will be available through May 30th, 2011. To listen, please call +1-877-870-5176 within the United States or + 1-858-384-5517 when calling internationally. Utilize the pass code 4440255 for the replay.
About US China Mining Group
US China Mining Group is a company engaged in coal production and sales by exploring, assembling, assessing, permitting, developing and mining coal properties in the People's Republic of China ("PRC"). After obtaining permits from the Heilongjiang Province National Land and Resources Administration Bureau and the Heilongjiang Economic and Trade Commission, we extract coal from properties to which we have the right to mine capped amounts of coal, and then sell most of the coal on a per metric ton ("ton") basis in cash on delivery, primarily to power plants, cement factories, wholesalers and individuals for home heating. We do not own the coal mines, but have mining rights to extract a capped amount of coal from a mine as determined by government authorized mining engineers and approved by the Heilongjiang Department of Land and Resources. Our business consists of the operations of Tong Gong coal mine in northern PRC, located approximately 175 km southwest of the city of Heihe in the Heilongjiang Province and the Hong Yuan and Sheng Yu coal mines located in the city of Mohe in Heilongjiang Province. For more information, please visit: www.uschinamining.com
Safe Harbor Statement
This press release contains certain statements that may include 'forward-looking statements' as defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are often identified by the use of forward-looking terminology such as "believe, expect, anticipate, optimistic, intend, will" or similar expressions. Such forward-looking statements involve known and unknown risks and uncertainties that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of risks and factors, including those discussed in the Company's periodic reports that are filed with and available from the Securities and Exchange Commission. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these risks and other factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.
Chief Financial Officer
US China Mining Group Inc.
Ted Haberfield, Executive Vice President
SOURCE US China Mining Group, Inc.