Ardent Mines also exercised its exclusive option to acquire the mineral rights on the Serra do Sereno property, located in Carajas, Brazil, one of the better known mining districts in the world. Ardent Mines is headquartered in New York, and has a field office in Brasilia. The Company has 16.3 million shares outstanding, and trades under the ticker symbol ADNT.

Ardent Mines is committed to developing gold, silver, and copper mines around the world, with strong emphasis on Latin America and on Brazil in particular.

The corporate policy is to develop mining properties with maximum care for the environment.

The company has assembled an extraordinary Board of Directors and experienced Management, our most precious corporate resource.

The Mission of the Company is to create value for our shareholders by acquiring and developing a diversified portfolio of gold, silver, and copper mines, with significant reserves, as well as assembling the best professional talent, in order to effectively execute a profitable operation of these mines.

Ardent Mines has completed the acquisition of Gold Hills Mining, Ltda. in Brazil. They have retained SRK Consulting to assist us in organizing a comprehensive Exploration Program for the property, expected to start during the Summer or 2011.

On May 4, 2011, Ardent Mines signed an exclusive option to acquire the mineral rights on Serra do Sereno, a 10,000 Has. property located in Carajas, the leading mining district of Brazil, known to host the largest Iron, Gold and Copper reserves of this nation.

Upon completing the acquisition of Gold Hills Mining Ltda. and securing the mineral rights of Serra do Sereno, Ardent Mines will focus on the exploration and development of these two extraordinary properties.

Share Structure

Total Shares Outstanding: 16,273,391

Trading float: 5,895,150

Options: 1,300,000 at $4,75

Warrants: 51,600 with an exercise price of $3.85/share for 1 year, 259,741 with an excersise price of $4.15/share

Management stock ownership: 12%

Shares authorised(not issued): 100,000,000

Reporting Status U.S. Registered & Reporting: SEC Filer
Audited Financials Audited
Latest Report

CIK 0001129018
Fiscal Year End 6/30

Incorporated In: NV, USA
Year of Inc. 2000

Legal Counsel
WUERSCH & GERING LLP
100 Wall Street, 21st Fl. | New York, New York 10005
212-509-5050 (firm)| 212-509-9559 (fax)
www.wg-law.com

Stock Transfer Agent 
Pacific Stock Transfer Company
4045 South Spencer Street, Suite 403
Las Vegas, NV 89119
Tel: (702) 361-3033
Fax: (702) 433-1979
www.pacificstocktransfer.com

Auditors:
MaloneBailey, LLP
10350 Richmond Avenue, Suite 800
Houston, TX 77042
o: 713.343.4253
f: 713.343.3453
www.MaloneBailey.com

SOURCE: Ardent Mines Ltd. http://www.ardentmines.com

The Australian toll road company’s net profit for the six months to Dec. 31 rose to A$93.2 million from A$74.7 million a year earlier.

Proportional earnings before interest, tax, depreciation and amortization–a measure closely watched by analysts–increased 7.5% to A$390.0 million, beating a Goldman Sachs forecast of A$377.5 million.

Transurban declared an interim dividend of 14.5 cents per security and stuck to its guidance for the full year of at least 29 cents.

It said the upgrade of the M2 tollway in Sydney is about half-finished and expected to reach completion in the first half of 2013. The Capital Beltway project in the U.S. is over 80% done and on track for completion by the end of 2012, it said.

SOURCE: http://www.marketwatch.com/story/transurban-profit-up-on-traffic-volumes-cost-cuts-2012-02-06

American, whose parent filed for bankruptcy protection in November, said traffic rose 1.4% in January while capacity slid 2.1% on the year. As fuel prices climb, airlines have been reining in capacity to stay as close to demand levels as possible. Load factor–a measure of plane fullness–rose to 78.5% from 75.8%.

American Airlines said domestic capacity fell 4.4% as domestic traffic slid 1.1%. International traffic grew 5% and capacity improved 1.2%.

On Nov. 29, AMR filed for Chapter 11 protection after a decade of trying to avoid it while competitors slimmed down their cost structures in their own bankruptcy-court restructurings.

SOURCE: http://www.marketwatch.com/story/amrs-american-air-traffic-up-14-in-january-2012-02-06

For over a decade, Brekford has been providing services to the U.S. military, various federal entities and numerous security and public safety agencies throughout the United States with an end-to-end suite of mobile computer and video technology, vehicle upfitting services, and automated traffic safety solutions. Brekford is a one-stop shop with its unique 360-degree approach to vehicle upfitting services, cutting edge mobile and video technology, and automated traffic enforcement services for homeland security and law enforcement agencies.

Additional information about Brekford may be found online at www.brekford.com

Revenue of A$430.1 million for the six months to Dec.31 compared with A$411.1 million a year earlier. That was based on production of 65.3 petajoules of gas equivalent, down 4% from 68.2 PJ.

Quarterly revenue for the three months to Dec.31 also rose 5%, as higher prices offset a 9% output decline due to lower seasonal demand and the planned shutdown of the Otway and Kupe gas plants for major maintenance.

Origin also generates electricity and is Australia’s biggest electricity retailer.

SOURCE: http://www.marketwatch.com/story/origin-energy-gas-oil-revenue-up-on-higher-prices-2012-01-30

Ivanhoe Australia said it has held detailed talks with several parties interested in investing in the Conclurry group of projects near Mount Isa in Queensland state, including the Osborne Copper-Gold development scheduled to start up in March.

“The interest we have received to date has been very encouraging and we expect that the sale of available minority interests in our assets would provide sufficient funding to help establish Ivanhoe Australia as one of the main base metals players in Australasia,” said Peter Reeve, Ivanhoe Australia’s Chief Executive.

Ivanhoe Australia, which has a market value of A$1.09 billion, is majority owned by Toronto-listed Ivanhoe Mines Ltd. IVN -1.05% and chaired by mining entrepreneur Robert Friedland.

SOURCE: http://www.marketwatch.com/story/ivanhoe-australia-names-ubs-to-find-partner-2012-01-30

NEW YORK, Jan 26, 2012 (BUSINESS WIRE) — Ardent Mines Ltd. (OTCQB: ADNT) (the “Company” or “Ardent Mines”), a precious resources exploration, development, and mining company focused on advancing its two gold properties in Brazil, announced that the Board of Directors has appointed Luciano de Freitas Borges as President.

Mr. Borges commented on his appointment, “Ardent Mines has made significant progress this past year, having acquired two premier gold properties in Brazil, Gold Hills and Misty Hills. In addition, we completed the 43-101 exploration report on Gold Hills which confirmed an exploration potential of between 3.6 Mt and 6.0 Mt at an average grade between 4.0 g/t to 7.0 g/t. I am looking forward to advancing our exploration programs to prove up the resource potential and expected solid economics of these projects.”

Mr. Borges has over 28 years experience in Brazil’s mining industry, both in the government and private sector. He served as the National Secretary of Mines and Metallurgy in Brazil’s Ministry of Mines and Energy from 1993-2001, and as Senior Advisor to the Ministry & Strategic Planning Executive Officer to the Brazilian Geological Survey since 2002. From 2007 to 2008, he was Chief Executive Officer of Steel Mineracao do Brasil S.A., and since 2006, he has served as the Senior Partner and Chief Executive Officer of Ad Hoc Associated Advisors Inc., a technical advisory consulting firm for the mining industry. He currently serves as a Director on the Boards of Amerix Precious Metals Corporation and Ouro Roxo Participacoes S.A., each of which are developing gold projects in Brazil. Mr. Borges earned his undergraduate and post-graduation degrees in geology at the University of Brasilia, as well as having an MBA in Mineral Economics and Mineral Projects Valuation from other institutions.

Gold Hills/Serra do Ouro

Based on the results of the 43-101 exploration report and historical drill data from the area, the Company believes Gold Hills could contain a few million ounces of gold of excellent grade that should be extracted at very viable costs as the main vein is located at an average depth of 30 to 50 meters from the surface. Also, the report did not take into account any untested potential for parallel structures which can be interpreted from the airborne geophysics. Further enhancing the economics of the project is the 10-year income tax holiday Ardent expects to receive based on local incentives for investments in this semi-arid area of Brazil.

Misty Hills/Serra do Sereno

On October 18, 2011, Ardent Mines closed on its acquisition of the mineral rights in a highly mineralized area of 9,000 Hectares located in the Carajas Mineral Province, State of Para, with an option exercise payment of $350,000 to the Cooperativa dos Produtores de Minerios de Curionopolis (“COOPEMIC”). The Serra dos Carajas Mineral Province is a distinct geologic dominium, well known worldwide for hosting Brazil’s largest iron, copper and gold deposits. Ardent Mines property, named Serra do Sereno, or Misty Hills, was initially prospected by Anglo American Brasil Ltda. which identified gold and copper trends. Millions of tons of copper and millions of ounces of gold resources have been confirmed in areas which are in the same region as Misty Hills and new significant discoveries are still being made in the area.

ABOUT ARDENT MINES

Ardent Mines has positioned itself to develop low cost gold mining operations in Brazil, a mining friendly jurisdiction. Ardent Mines owns a 100% interest in Gold Hills Mining Ltda., which in turn owns mineral rights on 3,500 Hectares, covering a highly-mineralized vein containing high grades of gold. Ardent Mines also owns the mineral rights on the Serra do Sereno (Misty Hills) property, located in Carajas, Brazil, one of the better known mining districts in the world. Ardent Mines is headquartered in New York, and has a field office in Brasilia. The Company has 16.3 million shares outstanding, and trades under the ticker symbol ADNT.

Forward-Looking Statements

This news release contains “forward-looking statements” as defined in the U.S. Private Securities Litigation Reform Act of 1995. These statements are based upon our current expectations and speak only as of the date hereof. These forward-looking statements are based upon currently available competitive, financial, and economic data and management’s views and assumptions regarding future events. Such forward-looking statements are inherently uncertain. Our actual results may vary materially from those expressed in any forward-looking statements as a result of various factors and uncertainties. Ardent Mines cannot provide assurances that any prospective matters described in the press release will be successfully completed or that Ardent Mines will realize the anticipated benefits of any transactions. Various risk factors that may affect our business, results of operations and financial condition are detailed from time to time in the Annual Report on Form 10-K and in the Current Reports on Form 8-K and other filings made by Ardent Mines with the U.S. Securities & Exchange Commission. Ardent Mines undertakes no obligation to update information contained in this release.

SOURCE: Ardent Mines Ltd. http://www.ardentmines.com

President Shuichi Takayama will hold a news conference the same day to explain the results, a company spokeswoman said.

The Japanese maker of cameras and medical imaging equipment last year restated its accounts for the past five years following revelations of a $1.5 billion loss-hiding scandal.

SOURCE: http://www.marketwatch.com/story/olympus-plans-to-report-april-dec-results-feb-13-2012-01-26

However, shares slipped 1.3% to $66.73 in after-hours trading as the company issued a downbeat full-year and first-quarter earnings forecast.

For 2012, Citrix sees per-share adjusted earnings of $2.70 to $2.74, below Wall Street’s view of $2.79. It also raised its revenue guidance for the year, now seeing revenue of $2.49 billion to $2.51 billion, from its October view of $2.47 billion to $2.48 billion.

For the current quarter, Citrix forecast adjusted earnings of 49 cents to 51 cents a share on revenue of $555 million to $565 million. Analysts surveyed by Thomson Reuters most recently predicted 56 cents and $561 million, respectively.

Citrix, which improves efficiency by allowing multiple systems to operate on one computer, has reported stronger results over the past year on broad-based revenue gains and improved margins. Its desktop-solutions business, which includes XenApp and XenDesktop, has had its growth accelerate recently due to the increasing importance of desktop virtualization.

Competitor VMware Inc. VMW +0.27% on Monday reported its fourth-quarter earnings rose 67% as the software maker posted double-digit-percentage increases in services and licenses revenue, as well as stronger margins.

Citrix reported a profit of $108.7 million, or 58 cents a share, up from $94.4 million, or 49 cents a share, a year earlier. Excluding stock-based compensation and other items, earnings rose to 78 cents a share from 65 cents a share. Revenue rose 17% to $619.4 million.

In October, the company forecast adjusted earnings of 75 cents to 76 cents a share on revenue of $610 million to $620 million, above analysts’ estimates at the time.

Operating margin widened to 21.9% from 21.4%.

Revenue from product licenses, or new product purchases, jumped 17%, while revenue from license updates, including annuity revenue from subscriptions paid when new licenses are purchased, climbed 9.3%. Software-as-a-service revenue was up 21% while technical-services revenue rose 34%.

SOURCE: http://www.marketwatch.com/story/citrix-earnings-rise-2012-earnings-view-downbeat-2012-01-25

Shares were up 7.3% at $17.31 after hours on the company’s better-than-expected outlook. Through the close, shares have risen 14% in the last year, better than the broader market.

The company predicted adjusted first-quarter earnings of 22 to 33 cents a share on revenue of $360 million to $400 million. Analysts surveyed by Thomson Reuters expected 15 cents and $296 million respectively.

The company’s results have been faltering in recent quarters, as its chip-maker clientele faces wilting demand. The company swung a loss from continuing operations before income taxes of $9.2 million in the latest period versus a year-earlier profit of $50.8 million. The latest period included a $134 million tax-provision benefit.

But overall, Teradyne posted a profit of $125.1 million, or 56 cents a share, from $60.1 million, or 27 cents a share, a year earlier. The latest results included acquisition costs and pension settlement, while the previous year’s results included employee severance and a facility-related benefit. Excluding items, earnings from continuing operations fell to 16 cents a share from 35 cents.

Revenue decreased 4.2% to $297 million.

In October, Teradyne forecast adjusted per-share earnings of 8 cents to 16 cents on revenue between $270 million and $300 million.

Gross margin fell to 45.9% from 52.7%.

SOURCE: http://www.marketwatch.com/story/teradyne-earnings-jump-on-tax-benefit-shares-up-2012-01-25