Credit Guide

Century Mining (TSX.V:CMM) posted first quarter operating profits of $1.9 million on revenue of $11.2 million in its second year of operation.

Card Consolidation Credit Debt CEO Margaret Kent said: "We are very pleased with the continuing operating performance of our Sigma Mine, which has generated positive cash flow in three consecutive quarters. We expect further reductions in cash costs when our new truck fleet is commissioned. Our cash costs are decreasing on a Canadian dollar basis each quarter as the dollar is strengthening against the U.S dollar. The initiatives we took in the first quarter to reduce debt by expensing all costs related to the convertible debentures will have a positive impact on the balance sheet and income statement in the second quarter of this year.

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Credit Union We are taking steps to build Century into a major gold producer with a solid asset base in Québec and outstanding production and exploration opportunities in Peru. Our stronger balance sheet will enable us to finance future growth on more favourable terms than were possible in the last 18 months. We are pleased that we are now building a solid base of institutional shareholders who understand management's niche in the industry and ability to add shareholder value by acquiring assets at a significant discount to typical industry valuation multiples. In Peru, we believe that we have purchased ounces in the ground, which we will be qualifying with an NI 43-101 technical report later this year, for less than US$7.50 an ounce. We believe that Century is well positioned to grow in value as we create and pursue new opportunities with our team of highly experienced mining and financial professionals".

(AXcess News) Houston, Credit card issue, American Express ( AXP), quarter profit fell sharply, off last year of its Ameriprise Financial Inc. ( AMP) advisory unit. American Express reported net income for the first quarter of $873 million, or 69 cents a share, down from $946 million, or 75 cents a share, a year earlier. While American Express' profit was lower, off, the credit card company's earnings were higher.

Merchant Credit Guide Co Revenues are benefiting from the current rising gold price. The Company has reduced cash costs each quarter on a Canadian dollar basis at the Sigma Mine, but because of the weakening U.S dollar these reductions are not reflected in the industry standard U.S. dollar cash cost. The addition of four new haul trucks in June and July will increase the availability and productivity of the mining fleet considerably, facilitating the removal of waste in the open pit to expose new ore faces for mining. Further reductions in cash costs on a Canadian dollar basis are expected.

Gross revenue increased by 56% for the six months to R2, 3 billion from R1, 5 billion over the same period last year. New business annualised premium income increased by 35% to R799, 5 million from R591, 4 million. Embedded value profit for the six months grew by 72% to R518, 6 million from R301, 3 million, taking the embedded value at 31 December 2000 to R2, 6 billion. Net profit before results of new operations, Discovery Life and Destiny Health, increased by 104% to R106, 1 million from R52, 1 million.

Apply Online For Credit Card A net loss of $1.3 million, or $0.01 per share, in the first quarter was exacerbated by approximately $1.6 million of items that were expensed, which were directly related to the senior debt that the Company incurred to acquire the Sigma-Lamaque assets and provide working capital during the bulk sample program, start-up and achievement of commercial production. Pursuant to redemption of convertible debentures in the first quarter, there will be no future related expenses.

Moscow Kalina Concern said its net profit by Russian accounting standards had fallen 8.7% year to 214.072 million rubles ($7.9 million).

By Card Credit Debt Debt Guide After adding back the non-cash items that were expensed to the net change in non-cash working capital balances, the Company reported cash flows from operating activities of $0.9 million in the first quarter of 2006.

Net profit for the period grew to R74 million (R42 million) and headline earnings per share grew 500% to 21cps.

Credit Repair The Company is now in a much stronger financial position than at the end of 2005 after completing a number of initiatives this year. The Company has redeemed all the outstanding convertible debentures; completed a $25.0 million equity financing; and purchased the royalty on production at the Sigma-Lamaque Complex. These initiatives will have a positive impact on the balance sheet and income statement in the second quarter of this year.

Active Credit Credit Guide The company forecasts total production in 2006 of 100,000 ounces of gold. In 2007, Century says it will produce 130,000 ounces, and by 2008, 210,000 ounces.

Credit Score Ms. Kent cautions that these are forward -looking statements.

Bad Car Credit Guide Loan James West is an investor and writer who seeks out the best emerging publicly traded companies in the resource and energy sectors. He has contacts with senior management of the strongest oil and gas and mining companies on the TSX and TSX Venture.

Bad Credit Loan He also publishes a newsletter at http://www.ResourcexInvestor.com

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