Construction Builder

ALDILA, INC. (NASDAQ: ALDA) today reported net sales of $16.3 million for the third quarter ended September 30, 2006, as compared to $19.3 million in the comparable period of 2005. The Company reported net income of $2.9 million, or $0.51 fully diluted per share for the third quarter ended September 30, 2006, as compared to net income of $3.8 million, or $0.68 fully diluted per share for the comparable period of 2005. In the 2006 third quarter the Company benefited from a settlement as a class member in a civil suit against certain carbon fiber producers in the amount of $2.2 million pretax. Excluding the benefit from the settlement, the Company's net income would have been $1.4 million, or $0.26 fully diluted per share. In the 2006 third quarter the Company repurchased 75,596 shares of its common stock at a cost of $1.2 million.

For the nine ...

Talisman Energy (UK) Limited, a wholly owned subsidiary of Talisman Energy Inc. (TSX: TLM) (NYSE: TLM), has announced its intention to develop the Duart field and redevelop the Galley field, both located in the UK sector of the North Sea.

Talisman is preparing to submit field development plans to the Department of Trade and Industry for the Duart field, which is located in block 14/20b, five miles to the west of the Tartan platform and 116 miles northeast of Aberdeen. Approximately 6 million barrels of prospective reserves are contained in the northern part of the field, which is the focus of the development. Talisman and Nexen Petroleum U.K. Limited each hold a 50% interest in the field, with Talisman as operator.

"This is another example o...

El Alacran Gold Mine Corp. (PINKSHEETS: EAGM) a precious metal mining company, finalized the acquisition of The Alacran-Scorpio Mine, located directly adjacent to the Company's flagship property of El Alacran.

"We were working diligently on bringing this property under El Alacran Gold Mine Corp.," said Rafael Delgado, C.E.O. of El Alacran Gold Mine Corp. "It is a property that most definitely will require extensive studies to assess the property's full resource potential. We have our Company's Geology and Geophysics Consultant, Mr. Mario Monroy, working on the strategies and will be implementing them with our experts in the field."

Mr. Jaime Infante will be the Lead Project Developer for this property, who currently has over 33 years experience in Direction and Management of Energy projects throughout South America. This includes the planning, dev...

Crystallex International Corporation (TSX: KRY)(AMEX: KRY) announced today the appointment of William A. Faust as Chief Operating Officer and Senior Vice President, effective April 16, 2007. Mr. Faust will direct the Company's mining operations in Venezuela, including the development, construction and operation of the Las Cristinas gold project located in Bolivar State, Venezuela.

Mr. Faust has over 28 years of engineering and management experience, particularly in open pit mining in Mexico and the Western U.S.

Mr. Faust most recently served as Vice President Operations for Nevada Pacific Gold Ltd., which was acquired by US Gold Corporation in March 2007. Prior to his tenure at Nevada Pacific Gold, he was President of Pan American Silver's M...

GeoFields, Inc. announced today that Jeffrey N. Amason has been appointed vice president of Professional Services. Amason joins GeoFields with 18 years experience directing major construction, engineering and IT programs from concept to completion across multiple industries, including utilities (Duke Power), oil and gas (Colonial Pipeline), manufacturing and insurance.

As vice president of Professional Services, Amason is charged with overseeing and directing personnel and programs focused on project management, data conversion and capture, software installation and upgrades, and application training.

"My role is to be the customer's advocate and ensure well-planned projects that are delivered on time, consistently and with the highest quality training. GeoFields already has a great reputation for customer service, but we have set the bar even higher to deliver software and services that exceed client expectations each and every time," said Amason.

Most recently, Amason ser...

Tiomin Resources Inc. ("Tiomin" or the "Company") (TSX: TIO) reports today on the development progress of the Kwale titanium mineral sands project in Kenya. The Company will host a conference call on Wednesday, October 25th, at 8:45 a.m. E.T.

Tiomin is working closely with the Government of Kenya ("GoK") at all levels to ensure that the project continues to advance with the highest international standards of environmental and cultural protection while providing the local communities with substantial economic and social benefits.

Mine Site Activity

Under the terms of the Fiscal Agreement between Tiomin and the GoK, the GoK is committed to giving Tiomin and its contractors full access immediately to the entire Kwale mining property by relocating 378 farmers whose properties are affected.

As of today, 213 farmers, representing 56%, have signed compensatio...

Acergy S.A. (NASDAQ: ACGY) (OSLO: ACY) announced today that the shareholders of the Company voted in favour of appointing Sir Peter Mason as a Non-executive Director. This new appointment increases the number of Directors to seven.

Sir Peter Mason brings extensive management and oil service sector experience, having served as Chief Executive for AMEC from 1996 until his retirement in September 2006. Previous management positions include Executive Director of BICC plc and Chairman and Chief Executive of Balfour Beatty. He was appointed a Non-executive Director of BAE Systems plc in January 2003. He is a Fellow of the Institute of Civil Engineers, and he holds a Bachelor of Sciences degree in Engineering. Sir Peter is a British citizen.

S...

European Minerals Corporation ("EMC" or the "Company") (TSX: EPM) (AIM: EUM) is pleased to announce the signature of the amended project debt facility in respect of its Varvarinskoye gold/copper project in Kazakhstan which confirms that the project is now fully funded through to production.

Completion of the debt facility of US$75.4 million had been delayed largely due to revisions to the facility documentation arising from the termination of the turnkey contract with MDM Ferroman (Pty) Limited and the appointment of SENET CC as EPCM contractor earlier in the year.

The facility is with Investec Bank (UK) Limited and Investec Bank Limited ("Investec") and with Nedbank Limited and NBSA Nominees Limited ("Nedbank") to fund the debt portion of th...

Raven Gold Corp. (OTCBB: RVGC) is pleased to announce the addition of Bashir Virji as Chief Financial Officer. Bashir is experienced chartered accountant with 20+ year's proven and stable track record in financial management, reporting and controls. This includes 9+ years in senior positions with a worldwide engineering, procurement and construction company in the oil and gas industry, 2 years with a publicly listed land development and housing construction company, and 6+ years in internal audit of a multi-national manufacturing/civil construction company.

About Raven Gold Corp.

Raven Gold Corp. is an international gold mining company, with advanced exploration and development projects. Raven's mandate is to initiate an aggressive acquisition policy, focusing on under-explored to advanced stage exploration gold deposits in North and South American Countrie...

Gastem Inc. ("Gastem") (TSX VENTURE: GMR) is pleased to announce that it has entered into a letter agreement with a private Alberta company, 1256456 Alberta Ltd. (the "Alberta Company") to advance Gastem's plans to explore Gastem permits in the Yamaska Area in the St. Lawrence Lowlands in Quebec. The agreement proposes an initial investment in common shares of Gastem by the Alberta Company of $500,000 to acquire 2,777,777 common shares (flow-through) at a price of $0.18 per share. No warrants are attached to the shares. The Alberta Company will become an insider upon its acquisition of the 2,777,777 common shares holding approximately 13.1% of the outstanding securities.

The proceeds from the private placement will be used for exploration work on the Yamaska Property.

Mr. David Kahn and Mr. George Stapleton, the only two shareholders of the Alberta Co...