latest news releases from the newsroom
Beacon's Fixed Annuity Premium Study Reports Third Quarter's Fixed Annuity Sales
EVANSTON, Ill., Dec. 5, 2007 (PRIME NEWSWIRE) -- U.S. sales of fixed annuities were an estimated $17.7 billion in third quarter, 2007 according to new data from the Beacon Research Fixed Annuity Premium Study based on sales of 49 insurance companies representing an estimated 88% of the market. Overall sales were up 9.8% from the previous quarter but were 10.0% below third quarter, 2006. On a year-to-date basis, total market sales were an estimated $47.5 billion, down 12.9% from the first three quarters of 2006.
New Jersey Mining Company
New Jersey Mining Company Expands Claims in Murray Gold District
KELLOGG, Idaho, Dec. 5, 2007 (PRIME NEWSWIRE) -- New Jersey Mining Company (OTCBB:NJMC) recently completed the staking of 102 new unpatented claims in the East Fork Eagle Creek drainage just north of Murray, Idaho. NJMC now holds 172 claims for a total of approximately 3,300 acres within the East Fork Eagle drainage. Within the claimed area are three promising gold prospects with major tonnage potential: the Golden Reward, Gold Butte, and Mineral Ridge. The Company's Niagara copper-silver deposit is also within the claimed area. It has a drill indicated and inferred resource of 14.2 million tonnes grading 20 grams per tonne (gpt) silver and 0.47% copper.