Gold & Metals industry news provided by Financial News USA (OTC: FNWU). NYSE Group, Inc. (NYSE:NYX), welcomed Yamana Gold Inc. (NYSE:AUY), a transfer from the American Stock Exchange and a global leader in the production and exploration of gold and copper-gold development properties, to the world's leading equity market. "We are proud to welcome Yamana Gold Inc. to our family of listed companies," said NYSE Group, Inc. President & co-COO Catherine R. Kinney. BHP Billiton (NYSE:BHP) was upgraded to buy from neutral at Goldman Sachs, as the broker said the metals giant growth potential was unappreciated. "We believe that high profile overspending at Ravensthorpe and delays to projects such as Atlantis have lead investors to conclude that the growth in Billiton's portfolio has ceased. We believe that calendar year 2007 will see significant project start-ups driving faster volume growth than the other diversified mining companies to 2010," the broker said.
Massey Energy Company (NYSE: MEE) will hold a conference call to review results for its fourth quarter ended December 31, 2006 on Friday, January 26, 2007 at 11:00 a.m. Eastern Time. The public is invited to listen to the conference call broadcast live on the Internet. Fourth quarter financial results will be released after the market closes on Thursday, January 25, 2007. The press release will also be posted on the Investor Relations section of the Company's website at http://www.masseyenergyco.com. G&S Minerals, Inc. (OTC:GSML) is pleased to announce that the equity financing structure it has executed with TMS Capital LLC ("TMS Capital") to provide up to $6.2 million in capital will be utilized by the Company to achieve its previously stated expansion goals of acquiring and developing high-quality mining resource prospects. Additional funds will be reserved for the future acquisitions currently under consideration by the company. For an independent perspective on GSML please visit www.stocksjournal.com.
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