Mining: Avalon makes S&P-TSX Mining Index

Avalon Added to S&P-TSX Global Mining Index

 

Avalon Rare Metals Inc. (TSX:AVL)(OTCQX:AVARF) (“Avalon” or the “Company”) is pleased to announce that effective today the Company is included in Standard & Poor’s Canadian Index Operations’ (“S&P Indices”) S&P-TSX Global Mining Index and also the S&P-TSX Base Metals Index.

S&P Indices, a part of McGraw-Hill Financial, is the world’s leading index provider maintaining a wide variety of investable and benchmark indices. Over $1.25 trillion is directly indexed to Standard & Poor’s family of indices, which includes the S&P 500, the world’s most followed stock market index, the S&P/Case-Shiller Home Price Indices, the leading measure of U.S. home prices, the S&P Global BMI, an index with approximately 11,000 constituents, the S&P GSCI, the industry’s most closely-watched commodities index and the S&P National AMT-Free Municipal Bond Index, the premier investable index for U.S. municipal bonds. For more information, please visit www.standardandpoors.com/indices.

Don Bubar, President and CEO of Avalon, stated: “We are very pleased to be included in these respected S&P Indices. They provide Avalon with global recognition and bring credibility to our role in the mining sector, as we evolve from an exploration company to a developer, on our way to achieving our goal of becoming a profitable producer of rare metals and minerals.”

About Avalon Rare Metals Inc. (TSX:AVL)(OTCQX:AVARF)

Avalon Rare Metals Inc. is a mineral exploration and development company focused on rare metals deposits in Canada. Its flagship project, the 100%-owned Nechalacho Deposit, Thor Lake, NWT, is emerging as one of the largest undeveloped rare earth elements resources in the world. Its exceptional enrichment in the more valuable ‘heavy’ rare earth elements, which are key to enabling advances in green energy technology and other growing high-tech applications, is one of the few potential sources of these critical elements outside of China, currently the source of 95% of world supply. Avalon is well funded, has no debt and its work programs are progressing steadily. Social responsibility and environmental stewardship are corporate cornerstones. Avalon’s performance on community engagement in the north earned it the 2010 PDAC Environmental and Social Responsibility Award.

Shares Outstanding: 92,391,470. Cash resources: approximately $39 million.

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China Biz: Lan Kwai Fong Chengdu Grand Opens with Glitz & Glamour

[22nd December 2010, Chengdu] Tonight was destined to be remembered.  The much anticipated Lan Kwai Fong Chengdu dazzled the entire city with its official Grand Opening. The exclusive LKF Grand Opening Private Party inviting only 1,000 VIPs unveiled a two-week long celebration series tying in Christmas and New Year’s Eve with the aim to introduce a brand new lifestyle to Chengdu. Dr. Allan Zeman, dubbed as the “Father of Lan Kwai Fong” hosted this fashionable star-studded event with his HK celebrity friends including super-star Carina Lau, Shawn Yu, Fiona Sit and Sai Wing, former member of Hong Kong’s legendary rock band BEYOND, etc. 

 As the flagship project of Hong Kong’s Lan Kwai Fong Group in Mainland China and being the only Lan Kwai Fong outside Hong Kong, LKF Chengdu introduces a diversified “street” integrating F&B, entertainment and retail under one roof which is a new concept in Chengdu.  This is where the most stylish and first-class operators gather and fuse, bringing you the best and the most unique mix of entertainment, cuisines, wines and fashion trends hand-picked by Dr. Zeman from different cities in the world. 

 “The first time I arrived in Chengdu, I was totally blown away by the culture and its people, and could already feel the vitality and great potential of this wonderful city” said Dr. Allan Zeman, creator of the Lan Kwai Fong brand.  “Just like New York with Soho, London with the West End, and Montreal with Crescent Street, Hong Kong and now Chengdu also need a Lan Kwai Fong.”

 Known for its creative mix of East-meets-West, LKF Chengdu also injects local culture into the area, thereby creating a trendy yet cultural and mesmerizing atmosphere that has never been seen in Chengdu before. Since its Soft Opening in July, LKF Chengdu has quickly become the new entertainment hot spot in Chengdu.

 “I’m confident that LKF Chengdu will become the new landmark of Chengdu and in time, all of Mainland China as a must-see entertainment hot spot for locals, expats and tourists all over the world,” said Dr. Allan Zeman proudly.

 Some of the major brands at LKF Chengdu include Lei Garden with its top-of-the-line Cantonese cuisines; Show Club and CC Club being one of the top two most elaborate nightclubs in town introduced by Chengdu’s no.1 clubbing brands; as well as Davidoff and Decleor, the high-end luxury lifestyle brands and many, many more. These, together with the not-to-be-missed LKF’s signature themed events “imported” from LKF HK throughout the year are what make LKF Chengdu truly unique and original.

 “I really enjoy the atmosphere here at LKF Chengdu. The Lan Kwai Fong brand has truly evolved over years – there’s more to it than just entertainment; it represents a part of Hong Kong’s culture and a certain lifestyle that I have continued to enjoy”, Carina Lau said.  “I think LKF brings a lot of creativity and vitality to Chengdu. I now have one more reason to return to this great city.”  

 As part of the Grand Opening celebration series, more exciting events are awaiting you including LKF Christmas party series themed “Crazy Santa” and don’t miss out our “LKF Techno New Year’s Eve Party” on Dec 31st.  Are you ready for two full weeks of “sleepless nights”? See you there.

 

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Media Contact:

Lan Kwai Fong Chengdu

Bao Han (Marketing & Public Relations Manager)   

Tel: 028-6550 3361                          

Emailbaohan@lkfchengdu.com      Websitewww.lkfchengdu.com

 

Chengdu Jireh Public Relations Co., Ltd

Michael Wang (Director)

Tel: 028-8611451113980553314    Emailmichaelwangshibin@gmail.com

Hotels: Altira Macau wins Forbes Travel Guide Five Star Awards

What is it about Chamber member hotels winning awards of late?  We must be good luck…

Altira

MACAU – Monday, December 13, 2010: Altira Macau hosted a cocktail reception on last Thursday December 9, 2010 at its stylish 38 Lounge, to celebrate its honor of being awarded the Forbes Five Star ratings in both Lodging and Spa categories by the Forbes Travel Guide for the second consecutive year. Mr. Lawrence Ho, Co-Chairman and CEO of Melco Crown Entertainment Limited, Mr. Michael French, Senior Vice President, General Manager of Altira Macau and Mr. Leonard Mok, General Manager of Hotel Operations, Altira Macau alongside members of Melco Crown Entertainment Management were in attendance as the officiating guests for the celebrated evening.

 This Forbes Travel Guide has defined the industry’s highest standard for excellence in hospitality for over 50 years, providing one of the most comprehensive evaluation systems of hotels, restaurants and spas in the world. Altira Macau is one of the only 5 hotels in Asia to earn the highest ratings in both Lodging and Spa categories from Forbes Travel Guide for the second consecutive year.

 

Altira Macau is a luxurious casino hotel developed, owned and operated by Melco Crown Entertainment Limited (NASDAQ: MPEL; “Melco Crown Entertainment” or the “Company”).

Banking: BMO on the acquisition path!

While many U.S. banks staggered out of the 2008 financial meltdown with bleeding balance sheets, the biggest Canadian banks weathered the crisis intact.

High-risk mortgage derivatives never caught on in Canada like they did south of the border. The World Economic Forum in Switzerland this year ranked Canadian banks as the world’s soundest for the third consecutive year.

And not surprisingly, Canada’s biggest banks are on a buyout binge, often targeting weaker rivals in other nations.

 

Read the whole story here!

Banks: HSBC Setting up in Waterloo

HSBC Bank Canada is moving its branch in downtown Kitchener to a building under construction at King and William streets in uptown Waterloo.

At 10,600 square feet, the new location is larger and will provide customer parking, which the bank could not offer at 281 King St. W. in Kitchener, Sharon Wilks of HSBC said in an email.

The new building is also more centrally located between the two cities, she said.

The branch, scheduled to open in July 2011, is being built by Stahle Construction of Kitchener. Construction started in September.

For competitive reasons, HSBC does not release the cost of building new branches, Wilks said.

The branch, which employs 18 people, will provide a full range of personal and commercial services, she said.

It is the only HSBC branch in Waterloo Region.

HSBC Bank Canada has more than 140 branches across Canada. It is a subsidiary of HSBC Holdings of London, England, a global financial services company created by the Hong Kong and Shanghai Banking Corp. of Hong Kong.