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Feb 6, 2010

The York Times February 6,2010

Business

One Bowl = 2 Servings. F.D.A. May Fix That.
By WILLIAM NEUMAN
The F.D.A. may update serving sizes for foods like chips, cookies and ice cream to reflect

how Americans really eat.

Debt Problems Chip Away at Fortress Europe
By LANDON THOMAS Jr.
For the 16 countries that use the euro, a question about whether a single central bank can 

manage the divergent economic and financial conditions of its members.

Goldman Chief Gets Bonus of Only $9 Million in Record Year
By GRAHAM BOWLEY and ERIC DASH
The sum paid to Lloyd C. Blankfein, $9 million in deferred stock, reflects a sensitive 

political calculation following the uproar over bankers’ pay.

More Business News

Minninginteractive: TASMAN ACQUIRES 100% OF 'KORSNÄS' A PAST PRODUCING RARE EARTH ELEMENT (REE) - LEAD (Pb)


Dear Friends:
Here is a video interview with Mark Saxon, President & CEO of Tasman Metals discussing the Korsnäs REE-Pb mine acquisition noted in the February 3rd Press Release below.

Regards,
Nick Nicolaas

TASMAN METALS LTD.
'The Tasman Metals Rare Earth Story'

February 3, 2010
TASMAN ACQUIRES 100% OF 'KORSNÄS' A PAST PRODUCING RARE EARTH ELEMENT (REE) - LEAD (Pb) MINE AND STAKES THE SURROUNDING AREA IN FINLAND
  • Korsnäs production history provides Tasman with a wealth of information which demonstrates that an REE concentrate can be produced from Korsnäs ore providing an excellent basis for future metallurgical research
  • The Company has access to all data and drill core from the Geological Survey of Finland and the 13 year production history from 'Outokumpu Oy', the company that mined the Korsnäs mine
  • Tasman is currently compiling and verifying all Korsnäs data.
Mark Saxon, Tasman Metals President & CEO:
"With the addition of the Korsnäs to its portfolio, Tasman is in the unique position of securing title to a former REE producing mine. This is a key addition to Tasman's REE project portfolio within Scandinavia, and will become a focus of exploration during the coming year. The 13 year production history by Outokumpu provides a wealth of information and demonstrates that an REE concentrate can be produced from Korsnäs ore. With an exploration program focused on REE's, the prospectivity, in combination with the infrastructure of the region, provides Tasman with excellent potential to quickly advance this exciting project."
Dear Friends:
Tasman is moving ahead with lightning speed - - - a great project portfolio in Norway, Sweden and Finland - - - already drilling at 'Norra Kärr' in Sweden and - - - now this!
The dynamics of this exciting historic 'Korsnäs' mine certainly provides Tasman with excellent potential to quickly advance the project towards production.
After all that is what it is all about PRODUCTION!
Stay Tuned - - - for the next Chapter in the Tasman Metals Rare Earth Story!!!
Acronyms used:
REE rare earth elements, lanthanum to lutetium by atomic weight plus yttrium
LREE light rare earth elements, lanthanum to samarium by atomic weight
HREE heavy rare earth elements, europium to lutetium plus yttrium
TREO rare earth elements, calculated as oxides, including lanthanum to
            lutetium plus yttrium
HREO heavy rare earth elements, as per HREE above, calculated as oxides
LREO light rare earth elements, as per LREE above, calculated as oxides

Regards,
Nick L. Nicolaas
Mining Interactive "Ahead of the Pack"



Aerial view of Korsnas REE-Pb mine and plant when operating. Site has now been rehabilitated, the tailings dam covered, and mining equipment removed.

MiningInteractive Videos
Stay tuned for the most recent updates on Tasman Metals and other leading mining companies through the MiningInteractive Video Interviews.
Nick L. Nicolaas
(604) 657-4058
nick@mininginteractive.com

MarketWatch : The week's top vidfeos, February 06, 2010

MarketWatch
Weekly Roundup
FEBRUARY 06, 2010

The week's top videos

By MarketWatch

 The week's
In case you missed them, here are the top 10 videos that appeared on MarketWatch for the week of Feb. 1-5:

Say goodbye to the McMansion

Times have changed, and the square footage of new American homes is dropping. Supersized homes are out, and efficiency and versatility are in. MarketWatch's Amy Hoak reports on the latest building trends.
 Watch Video Report.


Bush tax cuts scheduled to expire

Taxes on the wealthy would rise by almost a billion dollars over the next 10 years under a proposed budget plan announced today by President Obama. As Dow Jones Newswires' Martin Vaughan explains to Kelsey Hubbard on the News Hub, the Obama budget would allow tax cuts enacted under the Bush administration to expire.
 Watch Video Report.


Amazon loses first e-book battle

Following the introduction of Apple's higher-priced e-book pricing model, Amazon pulled all of Macmillan's titles off the Kindle. Jeffrey Trachtenberg discusses what's next in the e-book battle on the News Hub.
 Watch Video Report.


Toyota dealers go into overdrive to fix pedals

Some Toyota dealerships are working around the clock to assist Toyota drivers with cars on the recall list.
 Watch Video Report.


Apple's co-founder on his Toyota frustrations

Apple Inc. co-founder Steve Wozniak speaks about the hassles of dealing with his Toyota Prius after the recent recalls.
 Watch Video Report.


Survey says ... texting doesn't cause car accidents

Surprise, surprise. A study shows bans on texting while driving doesn't really lower collision claims. Joseph White discusses the controversy sparked by the provocative survey.
 Watch Video Report.


Classic-car auctions rolling in money

Car collectors brave bad weather and a stormy economy to track down their dream rides at the Barrett-Jackson auction in Arizona. Shawn Langlois reports that sales for Barrett-Jackson and other regional auctions total nearly $123 million.
 Watch Video Report.


Deficit as national-security threat

Jerry Seib previews his column in tomorrow's Journal in which he writes the federal budget deficit has become so large, it's time consider it a natural-security threat. Plus, the News Hub provides a February market outlook and also discusses the findings of a new autism study.
 Watch Video Report.


New York City hotel ranks 6th filthiest in the U.S.

Tourists beware of the New York Inn near Times Square.
 Watch Video Report.


How to take a puck in the face with Martin Brodeur

To kick off the series "The Olympics: How Hard Can it Be," Reed Albergotti finds out from NHL and Olympic great Martin Brodeur just how hard it is to stop a slapshot.
 Watch Video Report.


See the week's Top 10 news and analysis stories.

See the week's 10 best Personal Finance stories.

CNBC, COM :Evening Brief


LATEST STORIES


»click here to see the latest top stories from CNBC.com

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CNBC 360 Business Model: Inside The Sports Illustrated Swimsuit Issue
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January Jobs Reaction
Reacting to the jobs report and discussing the impact on the markets, with William Gross, Pimco co-CIO/founder.
» Watch Video

Super Bowl Super Quiz
Asking some tough questions to some of the game's participants, with CNBC's Darren Rovell.
» Watch Video

MarketWatch: Weekly Roundup, February 05, 2010

MarketWatch
Weekly Roundup
FEBRUARY 05, 2010

MarketWatch's top stories of the week

By MarketWatch

U.S. stocks ended the day Friday with small gains after a wild week that saw triple-digit changes on three of the week's five days. Investors were buffeted by fears of sovereign debt crises in Europe, concerns about the U.S. economy and sharp drops in commodities prices.

The stock market did stage a dramatic turnaround in the final half hour of trading Friday but nevertheless ended with weekly losses. The Dow Jones Industrial Average (.DJI) rose 10.05 points or 0.1% to close at 10,012.23 on Friday but lost 0.6% on the week. The Nasdaq Composite Index (.COMP) rose 15.69 points or 0.7% on the day to close at 2,141.12. For the week the tech-heavy index fell 0.3%. The benchmark Standard & Poor's 500 Index (.SPX) rose 3.08 points or 0.3% to close at 1,066.19. For the week the index lost 0.7%.

Stay tuned to MarketWatch over the weekend for all the news you need. Our weekend features will look at five global hot spots investors should avoid when considering where to put their money. We'll also have a story that looks at problems that remain for regional banks and the outlook for bank failures in 2010.

Also, please take a few moments to look at our weekly preview videos:

 Europe's Week Ahead: Airlines, Automakers Report

 Asia's Week Ahead: Nissan, Rio Tinto report

-- Christopher Noble , assistant managing editor

Surprising jobs data

The latest government data on the U.S. labor market presented a mixed picture, but overall showed signs of healing from the devastating recession. The Labor Department reported that the unemployment rate fell to 9.7% in January from 10% in December. This is the lowest unemployment rate since August, topping economists' expectations for the rate to hold steady at 10%. Read more about employment data .

A strong January for retail

Fueled by gift-card redemptions, clearance sales and almost pitifully easy comparisons, the nation's retailers seem, on balance, to have posted their fifth straight monthly sales gain in January, according to sales figures released this week. And there were some big upside surprises. Read about the latest monthly sales reports .

Mixed report for car makers

Ford Motor (F) reported a 25% jump in January U.S. sales, thanks to a wave of momentum, while Toyota Motor (TM) suffered a blow in the wake of its sticky gas-pedal recalls. Separately, General Motors reported a double-digit improvement and gave an upbeat outlook for the rest of the year. Chrysler's sales, like Toyota's, declined. Read more about auto sales .

Toyota's troubled week

Toyota's woes deepened after federal regulators said they've opened a fresh investigation into the automaker's popular Prius relating to problems with the brakes. The National Highway Traffic Safety Administration is formally looking into 124 complaints from drivers claiming Toyota's flagship hybrid suffers "momentary reduction in braking performance" when traveling on rough roads. Read about Toyota's ongoing problems .

Stuck in drive

It's not easy to turn a corporate P.R. meltdown into an Obama-bashing occasion, but that's just what Transportation Secretary Ray LaHood's did with his gaffe regarding Toyota Motor's recall fiasco. LaHood's warning that drivers of the recalled Toyotas should "stop driving" until their accelerator pedals are fixed helped send shares of Toyota into a skid before he retracted it a few minutes later. Yet the cause of the Toyota crisis remains Toyota itself, and its pitiful response to the public's concern as rumors spread by the hour. Read more of David Callaway's column on the issue .

Stressing over sovereign credit

It's time for another round of euro-zone sovereign debt whack-a-mole. Much like the popular carnival game, no sooner do policy makers move to ease concerns about one nation's debt problems than trouble pops up elsewhere. The European Commission's cautious approval Wednesday of Greece's plan to drastically slash its budget deficit over the next three years temporarily took some pressure off hard-hit Greek bonds. But Thursday found Portugal in the spotlight. Read more about the ongoing sovereign-debt saga.

Optimism from Cisco

Cisco Systems (CSCO) reported a jump in fiscal second-quarter profit that beat Wall Street's estimates, with Chief Executive John Chambers saying the company is "entering the second phase of the economic recovery." Chambers portrayed the recovery as "very strong" and "reasonably balanced." The company's upbeat view of the economy was underscored by Cisco's announcement that it plans to add 2,000 to 3,000 people to its workforce over the next quarters. Read more about Cisco's results .

Big problem for big banks

Just when they thought the worst of the mortgage crisis was over, the largest U.S. banks could see billions of dollars in bad loans from the debacle rise from the dead and creep back on their balance sheets. Big lenders including Bank of America (BAC), J.P. Morgan Chase (JPM) and Wells Fargo (WFC) may be forced to repurchase troubled home loans from insurers and mortgage-finance giants like Freddie Mac (FRE) that had agreed to take on risks associated with those assets during the real estate boom. Read more about the issue .

Lawsuit for B. of A.

New York Attorney General Andrew Cuomo filed suit this week, claiming Bank of America's management intentionally failed to disclose massive losses at Merrill Lynch so shareholders would approve the acquisition and then manipulated the federal government for a bailout to save the deal. The suit, filed in a New York state court, names the bank, former Chief Executive Kenneth D. Lewis and former Chief Financial Officer Joseph L. Price as defendants. Read more about the allegations .

Preying on the down-and-out

Unemployment, home foreclosures, rising debt -- these problems set the stage for scams last year. The financial crisis spurred fraudsters to target people with job-hunting schemes, misleading "free" trials, and other ruses. And experts say it's not over. In 2010, consumers should remain vigilant about where they spend their dollars. Read more about financial-crisis scams .

From The Desk of Nick Nicolaas: Adam Hamilton," Weekly Zeal Intelligence Newsletter"


For technical problems , yesterday, we could not post on time, The  Weekly Zeal  Intelligence Newsletter on The Mining Interactive Website ; of Adam Hamilton, that our friend Nick Nicolaas , sends  us every Friday inmediately  it is released. We apologize for the  delay. Below is the e-mail of Nick

 Fernando Guzman Cavero







Dear Friends:
Adam Hamilton has posted his weekly Zeal Intelligence Newsletter on the Mining Interactive Website. Click here:
Have a great weekend and - - - Stay Tuned!!

Regards,
Nick L. Nicolaas
Mining Interactive Ahead of the Pack
Nick L. Nicolaas
President & CEO
Mining Interactive Corp.
www.mininginteractive.com
Direct 24/7: +1 (604) 657-4058
Main Office: +1 (604) 569-0800
Fax: +1 (604) 569-0758
Skype: nicknicolaas
nick@mininginteractive.com
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Suite 818 - 475 Howe Street
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