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DALLAS, Aug. 27, 2009 (GLOBE NEWSWIRE) -- BeaconEquity.com announces an investment report featuring U.S. Airways Group Inc. (NYSE:LCC - News). The report includes financial, comparative and
http://finance.yahoo.com/news/Beacon-Equity-Issues-pz-628430401.html?x=0&.v=2
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SALT LAKE CITY, Oct 15, 2009 /PRNewswire-FirstCall via COMTEX/ --
America West Resources, Inc. (OTC Bulletin Board: AWSR), a domestic compliant coal producer with mining operations in Central Utah, today announced that the Company has received a spot price coal contract, valued at approximately $1 million, from a co-generation power plant based in the western U.S. The one-time contract provides for America West to immediately supply the co-gen facility with compliant coal produced from the Company's Horizon Mine located in Carbon County, Utah.
Dan Baker, Chief Executive Officer of America West Resources, stated, "Production from Horizon continues to be outpaced by global customer demand for our compliant thermal coal. Consequently, we are delighted to be in a position to take advantage of selling our coal at favorable spot prices, thus optimizing our margins and driving greater revenue performance."
About America West Resources, Inc.
Headquartered in Salt Lake City, Utah, America West Resources is an established domestic coal producer focused on the mining of compliant (low-sulfur) coal and its sale primarily to U.S. utility companies for use in generating electricity. The Company operates the Horizon Mine, which has recoverable compliant coal reserves under lease of approximately 19 million tons. In addition, America West maintains an undeveloped leasehold, known as the Columbia Property, covering approximately 5,200 acres in Carbon County, Utah - near where the Company is currently mining thermal coal from the Horizon Mine. Based on geological studies, tonnage analysis and core hole drillings, the Columbia Property is estimated to have 50 million tons of raw, recoverable metallurgical grade coal reserves in place. For more information, please visit www.AmericaCoal.com.
Forward-Looking Statements
This news release contains forward-looking statements Please refer to the Company's Form 10-K and other filings with the United States Securities and Exchange Commission (the "SEC") for additional information regarding risks and uncertainties, including, but not limited to, the risk factors listed from time to time in such SEC reports. Copies of these filings are available through the SEC's electronic data gathering analysis and retrieval system (EDGAR) at www.sec.gov. The forward-looking statements in this release do not constitute guarantees of future performance. Investors are cautioned that statements in this press release which are not strictly historical statements, including, without limitation, statements regarding current or future mining output, ability to obtain necessary equipment, personnel and permits to mine coal, production capabilities, management's strategy, plans and objectives for future operations, plans and objectives for production, plans and objectives for present and future production, plans and objectives for regulatory approval, and anticipated results, constitute forward-looking statements. Such forward-looking statements are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated, including, without limitation, risks associated with coal production, mining in general and in our mines in particular, ability to achieve the coal output anticipated, ability to obtain permits, ability to hire and retain the necessary personnel, as well as other risks detailed in our filings with the SEC. We assume no obligation to update any forward-looking information contained in this press release or with respect to the announcements described herein.
FOR ADDITIONAL INFORMATION, PLEASE CONTACT:
ELITE FINANCIAL COMMUNICATIONS GROUP
Dodi B. Handy, President & CEO (Twitter: dodihandy)
For Media Inquiries: Kathy Addison, VP, Elite Media Group (Twitter: kathyaddison)
407-585-1080 or via email at AWSR@efcg.net
SOURCE America West Resources, Inc.
http://www.americacoal.com
Tags: ceo coal contract electricity email media mining otc power plant president prices property revenue sec securities utah
Companies: America West Resources Inc (AWSR)
SALT LAKE CITY, Oct 14, 2009 /PRNewswire-FirstCall via COMTEX/ --
America West Resources, Inc. (OTC Bulletin Board: AWSR), a domestic compliant coal producer with mining operations in Central Utah, today announced the appointment of W.C. (Chuck) Travis and William (Bill) Graham to the Company's sales and marketing team. Reporting directly to CEO Dan Baker, Travis and Graham are tasked with expanding America West's global customer base, securing both domestic and export coal supply contracts for compliant coal mined from the Company's Horizon Mine.
"With coal production ramping precipitously at Horizon, we felt the time was right to enhance our sales and marketing assets and expand our sales reach to key markets around the world, such as the Far East, where prevailing demand for compliant thermal coal is exceptionally robust. Given Chuck and Bill's experience, expertise and longstanding relationships in rail, transportation logistics and energy product sales, there is no doubt that they will prove to be valuable additions to the America West team," stated Baker.
A senior transportation professional with over 30 years of managerial and hands-on experience, Travis was a consultant with Travis Transportation Consultants, Inc., where he focused on advising clients on transporting bulk commodities via rail before joining America West Resources' sales group. From 1993 through 2007, he served as Vice President at ECDC Logistics, a wholly-owned subsidiary of Allied Waste Industries. While at ECDC, Travis helped guide the Company from zero cars and containers in 1997 to over 1500 railcars serving six transfer stations and nine rail accessible landfills, and where he managed the sales team serving the Northeastern U.S. waste markets. From 1977 until 1993, he rose through the ranks at Southern Pacific Transportation Company, where he began his 16-year tenure in the Engineering Department and ultimately served as Senior Manager of Environmental Waste Marketing. Contact: chuck.travis@americacoal.com
Graham brings America West more than 20 years experience in the global energy markets. Previously, he served as Managing Partner at 5Energy Resources, LLC, a energy resource management company he helped co-found in 2007 and where he led North American marketing of Middle Eastern and Northern Africa petroleum resources for Bahraini Royal Family Corporation; joint ventured with a Malaysian company to market bulk palm oil products to North American refineries for use in biodiesel production; and served as the rail transportation coordinator for the movement of metallurgical and thermal coal resources to domestic and international industries and utilities. Prior posts also included Vice President of Waste Solutions Group; Environmental Consultant at EBA Wastechnologies, Inc.; and Staff Consultant at the Institute of Management Resources. A frequent university lecturer, Graham is a graduate of California State University where he earned a Bachelor of Science degree in International Relations. He also holds an MBA from the University of Southern California and a Master of Arts degree in Environmental Management from Harvard University. Contact: bill.graham@americacoal.com
About America West Resources, Inc.
Headquartered in Salt Lake City, Utah, America West Resources is an established domestic coal producer focused on the mining of compliant (low-sulfur) coal and its sale primarily to U.S. utility companies for use in generating electricity. The Company operates the Horizon Mine, which has recoverable compliant coal reserves under lease of approximately 19 million tons. In addition, America West maintains an undeveloped leasehold, known as the Columbia Property, covering approximately 5,200 acres in Carbon County, Utah -- near where the Company is currently mining thermal coal from the Horizon Mine. Based on geological studies, tonnage analysis and core hole drillings, the Columbia Property is estimated to have 50 million tons of raw, recoverable metallurgical grade coal reserves in place. For more information, please visit www.AmericaCoal.com.
Forward-Looking Statements
This news release contains forward-looking statements Please refer to the Company's Form 10-K and other filings with the United States Securities and Exchange Commission (the "SEC") for additional information regarding risks and uncertainties, including, but not limited to, the risk factors listed from time to time in such SEC reports. Copies of these filings are available through the SEC's electronic data gathering analysis and retrieval system (EDGAR) at www.sec.gov. The forward-looking statements in this release do not constitute guarantees of future performance. Investors are cautioned that statements in this press release which are not strictly historical statements, including, without limitation, statements regarding current or future mining output, ability to obtain necessary equipment, personnel and permits to mine coal, production capabilities, management's strategy, plans and objectives for future operations, plans and objectives for production, plans and objectives for present and future production, plans and objectives for regulatory approval, and anticipated results, constitute forward-looking statements. Such forward-looking statements are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated, including, without limitation, risks associated with coal production, mining in general and in our mines in particular, ability to achieve the coal output anticipated, ability to obtain permits, ability to hire and retain the necessary personnel, as well as other risks detailed in our filings with the SEC. We assume no obligation to update any forward-looking information contained in this press release or with respect to the announcements described herein.
FOR ADDITIONAL INFORMATION, PLEASE CONTACT:
ELITE FINANCIAL COMMUNICATIONS GROUP
Dodi B. Handy, President & CEO (Twitter: dodihandy)
For Media Inquiries: Kathy Addison, VP, Elite Media Group (Twitter:
kathyaddison) 407-585-1080 or via email at AWSR@efcg.net
SOURCE America West Resources, Inc.
http://www.americacoal.com
Tags: africa bahrain biodiesel california ceo coal commodity consultant electricity email energy export family malaysia market marketing media mining otc petroleum president products property refinery sales science sec securities transportation university utah utilities
Companies: America West Resources Inc (AWSR)
SALT LAKE CITY, Sept 08, 2009 /PRNewswire-FirstCall via COMTEX/ --
America West Resources, Inc. (OTC Bulletin Board: AWSR), a domestic compliant coal producer with mining operations in Central Utah, today announced that it has taken delivery of a new continuous miner and other related new mining equipment that has allowed the Company to evaluate re-starting mining activities in a second section of the Horizon Mine. Currently, America West is producing approximately 30,000 tons per month from a single section (29,000 in July and 31,000 in August) - which is up from approximately 10,000 tons in May of this year.
A continuous miner allows for the extraction and removal of coal from a working face in one operation and without blasting. Dan Baker, Chief Executive Officer of America West, stated, "Overall, we are very pleased that our new continuous miner is allowing us to extract coal at a very steady and sustainable rate, allowing us to regain meaningful traction in achieving our monthly production objectives and moving plans forward to double our output by resuming our two-section mine development plan."
In April 2009, the Company reported that through lease modification and revised estimates confirmed by a third party engineering firm, the Horizon Mine currently has approximately 12.4 million tons in recoverable coal reserves.
About America West Resources, Inc.
Headquartered in Salt Lake City, Utah, America West Resources, Inc. is an established domestic coal producer focused on the mining of compliant (low-sulfur) coal and its sale primarily to U.S. utility companies for use in generating electricity. For more information, please visit www.AmericaCoal.com.
Forward-Looking Statements
This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Please refer to the Company's Form 10-K and other filings with the United States Securities and Exchange Commission (the "SEC") for additional information regarding risks and uncertainties, including, but not limited to, the risk factors listed from time to time in such SEC reports. Copies of these filings are available through the SEC's electronic data gathering analysis and retrieval system (EDGAR) at www.sec.gov.
FOR ADDITIONAL INFORMATION, PLEASE CONTACT:
ELITE FINANCIAL COMMUNICATIONS GROUP
Dodi B. Handy, President & CEO (Twitter: dodihandy)
For Media Inquiries: Kathy Addison, VP, Elite Media Group (Twitter:
kathyaddison)
407-585-1080 or via email at AWSR@efcg.net
SOURCE America West Resources, Inc.
http://www.americacoal.com
Tags: ceo coal electricity email engineering media mining otc president sec securities
Companies: America West Resources Inc (AWSR)
DALLAS, Aug 27, 2009 (GlobeNewswire via COMTEX) --
BeaconEquity.com announces an investment report featuring U.S. Airways Group Inc. (NYSE:LCC). The report includes financial, comparative and investment analyses, and pertinent industry information you need to know to make an educated investment decision.
The investment report on U.S. Airways Group Inc. (NYSE:LCC) should be of particular interest to other airline companies: UAL Corp. (Nasdaq:UAUA), Delta Air Lines Inc. (NYSE:DAL) and Southwest Airlines Co. (NYSE:LUV).
It is available at: http://www.beaconequity.com/i/LCC
Get our alerts BEFORE the rest of the market. Follow us on Twitter: http://twitter.com/BeaconEquity
U.S. Airways Group Inc. (LCC) provides air transportation for passengers and freight. Its hubs are located in Charlotte, Philadelphia and Phoenix, linking to approximately 200 destinations throughout the United States, Canada, Europe, the Caribbean and Latin America. The Company operates 354 mainline jets, including 238 regional jets and 74 turboprops.
In the report, the analyst notes:
"The airline industry is beset with several problematic issues, all affecting its bottom line and hopes of growth in both the short term and longer term, including receding economic activity, threat of infectious disease, and cost of energy. For the foreseeable future, the industry is expected to shrink in the number of carriers, routes and revenue. Consolidations, downsizing, mergers and acquisitions are expected to continue within the industry in the future.
"Globally, the airline industry recently lost money, posting a net loss of approximately $10.42 billion for fiscal 2008, compared with a net profit of $5.6 billion for fiscal 2007. All carriers cited rapidly rising fuel costs as the reason for the industry's poor performance during the first half of 2008 and the steeping recession during the second half of 2008."
To read the entire report visit: http://www.beaconequity.com/i/LCC
See what investors are saying about these stocks at: http://www.stockhideout.com/
BeaconEquity.com is one of the industry's largest small-cap report and small-cap research providers. Beacon strives to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the public information available on them. For more information on Beacon Research, please visit http://www.BeaconEquity.com
Beacon Equity Disclosure
DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the "SEC") or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. BeaconEquity Research nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.
This news release was distributed by GlobeNewswire, www.globenewswire.com
SOURCE: Beacon Equity
CONTACT: Beacon Equity Research Jeff Bishop (469) 252-3505 press@beaconequity.com
Tags: airline broker canada dealer disease energy equity europe freight investment investment opinion mergers and acquisitions money nasdaq net profit nyse recession research revenue sec securities small cap
Companies: Delta Air Lines, Inc. (DAL), Delta Air Lines, Inc. (DALw), Southwest Airlines Co. (LUV), UAL Corp. (UAUA), US Airways Group Inc. (LCC)
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South Carolina Ports Authority officials met with state legislators, Maersk Line executives, and union executives this week in an attempt to convince the Danish carrier to continue to call at the Port of Charleston.
Jonathan Ornstein, Mesa expects to convert some of the 64 options currently held with Embraer "within the year". The carrier operates 14 of 36 ERJ-145s ordered last year and plans to increase this to 51 aircraft.
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VH-CZP (cn 22648/789) Rare view of Ansett's first Boeing 737 Registered VH-CZP, at Sydney in 1982. The second was Boeing 737-377 Cn 24305. (An Ansett B727-277 is visible at rear.) This Boeing 737-277 started Ansett service on 26Aug81 ex Boeing N56807.
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Airlines have been boarding passengers for decades, long enough, it would ... Airlines and Airplanes; Travel and Vacations; U.S. Airways Group Incorporated
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America West Airlines is offering a discount of up to 10% on airfare, plus other travel discount options to and from the 2004 Arizona Center for Medieval and Renaissance Studies (ACMRS) Conference. Use the Convention and Meeting Services (CAMS) Code AP4350 to receive your discounts.