GFI, PPWE, CHU, NHPR, PCS - CRWEWallstreet.com Stock Report! February 24th 2011

Gold Fields Ltd. announced net earnings excluding gains and losses on foreign exchange, non- recurring items
By: Hanson
 
Feb. 24, 2011 - PRLog -- Gold Fields Ltd.  announced net earnings excluding gains and losses on foreign exchange, non- recurring items and share of gain or loss of associates after royalties and taxation for the December 2010 quarter of R1,475 million compared with earnings of R1,016 million and R1,022 million in the September 2010 and December 2009 quarters respectively. In US dollar terms net earnings excluding gains and losses on foreign exchange, non-recurring items and share of gain or loss of associates after royalties and taxation for the December 2010 quarter were US$211 million, compared with earnings of US$138 million and US$135 million for the September 2010 and December 2009 quarters respectively. A net loss of R777 million (US$106 million) was incurred due to the cost of a number of empowerment transactions completed in the quarter.

Gold Fields Limited engages in the acquisition, exploration, development, and production of gold properties. It also explores for copper. The company holds interests in mines located in South Africa, Ghana, Australia, and Peru.





Proper Power & Energy, Inc. (Pink Sheets:PPWE.PK), is an independent exploration and production company. The Company's operations are in Kentucky, which provides for low risk developmental drilling and production, and Utah, which the Company controls over 11,000 acres for its exploratory prospect. Renowned geophysicist and consultant to Proper Power, Robert Dunbar, believes the Utah prospect could hold up to one billion barrels of recoverable oil.

Read more at: http://crwewallstreet.com/?p=15988
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