NEW YORK, March 15, 2013 /PRNewswire/ --
Today, Investors Alliance announced new research reports highlighting Vale SA (ADR) (NYSE: VALE), Hecla Mining Company (NYSE: HL), Alpha Natural Resources, Inc. (NYSE: ANR), IAMGOLD Corporation (USA) (NYSE: IAG) and Peabody Energy Corporation (NYSE: BTU). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Vale SA Research Report
The second annual Women in Mining Canada National Trailblazer Award was given to Samantha Espley, Vale's general manager of mines and mill technical services for its Ontario operations. She was honored during the recently concluded Prospectors & Developers Association of Canada conference in Toronto. As GM of mines and mill technical services, she leads a multi-disciplinary group of more than 200 mining and mineral processing engineers, geologists, metallurgists, technologists and other technical staff supporting Vale's mining and milling operations in Sudbury. The Full Research Report on Vale SA- including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/9726_VALE]
Hecla Mining Company Research Report
Hecla Mining has strongly urged its shareholders to reject the Alamos offer in regards to the acquisition of Aurizon Mines Ltd. With Hecla's offer superior to Alamos by CAD$0.27, it also includes a 68% higher cash component. President and Chief Executive officer, Phillips S. Baker, Jr. said, "Tendering to the Alamos offer risks depriving Aurizon shareholders of the premium our offer represents as well as the significant upside we see in a Hecla-Aurizon combination. As a North America focused precious metals producer, we believe the combined company will deliver increased value well into the future." Separately, Aurizon today reiterated its recommendation that shareholders support the Hecla transaction and do not tender into the Alamos offer or withdraw tenders already made. Aurizon urged shareholders who have tendered to immediately withdraw tendered shares. The Full Research Report on Hecla Mining Company - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/2b99_HL]
Alpha Natural Resources, Inc. Research Report
Leading U.S. coal supplier Alpha Natural Resources has received honors for outstanding safety achievements in 2012 for its 10 mines and other facilities operated by its affiliates in West Virginia. Nine operations received the Mountaineer Guardian safety award, while the Bart B. Lay, Jr. Milestones of Safety award was given to the Republic Energy Surface Mine for being the most outstanding mine in the state of West Virginia. Paul Vining, Alpha's president, said, "We congratulate our people and operations for their accomplishments in 2012. We are proud of our miners and the work they do every day. These awards underline how important safety is to Alpha and our culture." The Full Research Report on Alpha Natural Resources, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/71e1_ANR]
IAMGOLD Corporation (USA) Research Report
With its long track record of generating attractive returns in capital employed, IAMGOLD Corporation is reinforcing its already strong financial position via reducing its annual spending by $100 million. This will be achieved through cost-cutting initiatives aimed at reducing mine operating costs, exploration expenditures and mine site and corporate general and administrative costs. The Company ended 2012 with over $1 billion in cash and gold bullion. President and CEO Steve Letwin adds, "The need for a robust return on capital is not a new concept at IAMGOLD, and we continue to approve only projects that will generate a return surpassing our risk adjusted cost of capital. Our recent share price performance is unacceptable. We are determined to intensify our return on capital and improve our operating performance. In this period of lower gold prices and rising costs we have launched an aggressive cost reduction program to remove $100 million from our 2013 plan." The Full Research Report on IAMGOLD Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/f934_IAG]
Peabody Energy Corporation Research Report
Colorado's Mining Association and the state's Division of Reclamation Mining have recognized Peabody Energy's operations for innovation in safety, environmental leadership and environmental excellence. The Twentymile mine was honored with the Safety Innovation Award, with innovations such as an improved conveyor belt system and use of pilot holes for installing stopping rails. The mine was also recognized for recycling more than 1 million pounds of materials including cable, scraps metal and used oil. The Twentymile Sage Creek portal was given the Coal Reclamation Award while Colorado Reclamation Manager Roy Karo was honored for a lifetime of achievement pioneering best practices for land restoration with the Dr. James A. Pendleton Award for Reclamation. "Our Colorado team is known for a progressive culture that prizes innovation and best practice in all facets of our activities," said Peabody Energy - Americas President Kemal Williamson. "I'm proud of our employees for their leadership in setting safety and environmental standards that are respected among the highest levels in the state and the industry." The Full Research Report on Peabody Energy Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/b18e_BTU]
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