Construction Builder

Blue Pearl Mining Ltd. (TSX: BLE)(TSX: BLE.WT.A)(FRANKFURT: A6R), the world's largest publicly traded, pure molybdenum producer, today announced it has posted on its website a new report entitled "Structural Changes in Molybdenum Demand" by metals expert Denis Battrum. The report outlines new and expanded uses of molybdenum in steel alloys and catalysts.

Mr. Battrum, who is founder and president of marketfriendly, inc. of Kansas City, Missouri, has more than 30 years of purchasing, research and sales experience in the mining, steel manufacturing and recycling industries. Mr. Battrum has held the positions of Sales Man...

Lundin Mining Corporation (TSX: LUN)(AMEX: LMC)(SSE: LUMI) (Lundin Mining) and Tenke Mining Corp. (TSX: TNK) ("Tenke") announced today that they have entered into a definitive agreement to combine the two companies to form a leading intermediate base metals company with a global portfolio of world-class production, development and exploration assets.

The transaction will be completed by way of a Plan of Arrangement (the "Arrangement"). At closing, all Tenke common shares will be automatically exchanged on the...

Los Angeles World Airports (LAWA) and Mexicana Airlines opened the carrier's newly relocated ticketing lobby today at Los Angeles International Airport's (LAX) Tom Bradley International Terminal (TBIT), as the airport moves forward on its $723.5 million major renovation of TBIT.

"Los Angeles International Airport is committed to providing high-quality customer service to its travelers while construction is performed at Tom Bradley International Terminal," said Los Angeles Mayor Antonio R. Villaraigosa. "The project will enhance the travelers' experience as they pass through LAX and leave a positive impression of our great city that will make them want to return."

Mexicana's passenger ticketing lobby is being temporarily relocated from the terminal's Upper/Departures Level to its Lower/Arrivals Level location for the next three years. Airline ticket agents will serve passengers from 24 ticket counters -- double the amount previously allocated to the carrier in the upstairs lob...

Power and hand tool demand in the U.S. is projected to rise 3.1 percent annually through 2011, reaching $14.3 billion. Advances will result from product innovations, especially the development of higher-voltage lightweight cordless electric tools. In addition, gains will result from continued interest in DIY and hobby activities in the consumer market, especially among women. The development of new consumer-friendly battery powered tools, such as wrenches and clamps, will spur gains. Rising nonresidential building and nonbuilding expenditures will also create opportunities. However, weak residential construction activity (including an outright decline in new housing starts) will limit gains. A flat outlook for construction and manufacturing employment will also dampen growth. Despite rising demand, production of power and hand tools in the U.S. will remain flat, as producers expand offshore production in lower cost nations such as China. These and other trends are presented in ...

PowerShares Capital Management LLC announced that Thursday morning, April 12, 2007 the "QQQQ" (NASDAQ: QQQQ) will begin using a new CUSIP Number as part of its sponsorship transition. The new CUSIP will become effective on Thursday, April 12, 2007 concurrently with the expiration of the old CUSIP. The new name is PowerShares QQQ™. As previously announced on March 21, 2007 PowerShares became the sponsor of the NASDAQ-100 Trust, which tracks the NASDAQ-100 Index®. The PowerShares QQQ has over 1 million shareholders and approximately $17 billion in assets.

"We are very proud to have the PowerShares QQQ as part of our industry-leading ETF family," said Bruce Bond, President of PowerShares Capital Management. "As the most actively traded listed equity security in the World, the PowerShares QQQ is consistent with our commitment to seek to...

Quintana Maritime Limited (NASDAQ: QMAR) announced today that it has formed a joint venture, Christine Shipco LLC, together with affiliated companies controlled by the major sponsors of the Company, Corbin Robertson, Jr. and Hans Mende, for the purpose of acquiring and operating a 180,000 deadweight-ton (dwt) Capesize vessel. The vessel is being built at Imabari, a major Japanese shipyard, with delivery expected March 2010. The expected total cost at delivery to the joint venture, including contract costs and financing costs will approximate $76 million.

Each sponsor's affiliated company will control 28.6% of the ship-owning company and those affiliates will fund all related installments due to the yard together with related financing costs, until the vessel's delivery. The Company will pay approximately $36.2 million at delivery in March 2010 and...

(all figures in United States dollars)

Paul N. Wright, President and Chief Executive Officer of Eldorado Gold Corporation ("Eldorado" the "Company" or "we") (TSX: ELD)(AMEX: EGO) is pleased to provide an operational performance report for the first quarter 2007.

Kisladag

Following a successful commencement of commercial production July 1, 2006, the operation has continued to increase monthly production levels.

In accordance with the plan for 2007, the operation in Q1 successfully completed construction and the integration of an additional 5 million tonnes per annum ("mt/annum") of crushing, screening and conveying capacity. Commissioning of the expanded 10 mt/annum system is underway with steady state production at this level anticip...

Skyflyer Inc. (OTCBB: SKFL) (the "Company") announced today that Professors Tim Nosper and Holger Voos have agreed to lead the design of the control system hardware and software for Skyflyer Technology GmbH's VTOL prototype. The commitments of Professor Nosper and Professor Voos fill another key position in the team of industry and academic experts being assembled by Skyflyer Technology.

Professor Nosper is the head of the Steinbeis Transfer Center for Automotive Systems and lectures at the Technical University of Ravensburg-Weingarten, where he is in charge of the Vehicle Technology Department and is chairman of the examinations body. Professor Nosper is also responsible for the specialty areas of mathematics and mechatronics for the Vehicle Technology Department.

Professor Voos is the Vice-Chairman of the Steinbeis Transfer Center. The Steinbeis Transfer ...

Velan Inc. (TSX: VLN). Revenues for the third quarter reached $97.7 million, the highest third quarter sales in the Company's history. This is a 16.2% increase over the same quarter last year when the Company recorded sales of $84.1 million. Net earnings for the quarter of $5.8 million, or $0.25 per share, compared to net earnings of $0.5 million, or $0.02 per share, in the prior year. For the nine months ended February 28, 2007, net earnings amounted to $11.5 million, or $0.51 per share, versus net earnings of $4.1 million, or $0.18 per share, in the prior year.

The gross profit of the third quarter of $28.6 million, or 29.2% of sales, compares favourably to the $20.2 million, or 24.0% of sales, recorded last year. As was the case at the end of the second quarter, this was due to a combination of factors such as an increased production, select price increases and...

Geovic Mining Corp. (GeoMin) (TSX VENTURE: GMC) announced that Geovic Ltd., a wholly owned subsidiary of GeoMin, signed a Shareholders Agreement (Agreement) with Geovic Cameroon PLC ("GeoCam"), a Cameroonian private limited corporation organized in 1995 to develop a cobalt-nickel mineral discovery in southeast Cameroon. The Agreement is among Geovic Ltd., the majority shareholder which owns 60% of GeoCam, Societe Nationale d' Investissement du Cameroun, representing itself with 20% ownership and four Cameroon individuals collectively owning 19.5%, and William Buckovic, owning 0.5%.

This event is a major milestone, not only for the project, but also for the Republic of Cameroon as it is the Country's first commercial scale mine development.

The Shareholders Agreement sets forth the terms, conditions and fiscal arrangement for continued participation in ...