yourfanat wrote: I am using another tool for Oracle developers - dbForge Studio for Oracle. This IDE has lots of usefull features, among them: oracle designer, code competion and formatter, query builder, debugger, profiler, erxport/import, reports and many others. The latest version supports Oracle 12C. More information here.
Cloud Expo on Google News
Cloud Expo & Virtualization 2009 East
Smarter Business Solutions Through Dynamic Infrastructure
Smarter Insights: How the CIO Becomes a Hero Again
Windows Azure
Why VDI?
Maximizing the Business Value of Virtualization in Enterprise and Cloud Computing Environments
Messaging in the Cloud - Email, SMS and Voice
Freedom OSS
Stairway to the Cloud
Sun's Incubation Platform: Helping Startups Serve the Enterprise
Cloud Computing & Enterprise IT: Cost & Operational Benefits
How and Why is a Flexible IT Infrastructure the Key To the Future?
Click For 2008 West
Event Webcasts
Romarco provides EIS and equipment update; will host conference call

TORONTO, Feb. 20, 2013 /PRNewswire/ - ROMARCO MINERALS INC. (TSX: R) (the "Company") wishes to provide an update with respect to the Environmental Impact Statement ("EIS") for its 100% owned Haile Gold Mine project in South Carolina, USA.  All dollar amounts in this news release are expressed in U.S. dollars, unless otherwise stated.

Since the news release dated October 25, 2012, the Company has been meeting regularly with the US Army Corps of Engineers ("Corps"), the contractor, the Environmental Protection Agency, and the South Carolina Department of Health and Environmental Control, as well as consulting parties for continued review of the submitted hydrology model. As a result of those meetings all parties agree, and the Corps has requested the Company perform, the following hydrological tasks to gather additional data to supplement existing data previously submitted in the permit application:

  • Twin three vibrating wire piezometer holes (six new holes).

  • Complete an aquifer test and pump for approximately one week with a new production well and seven monitoring wells. The new aquifer test will provide additional data for an area where bedrock characteristics are anticipated to be different from previous testing.

The Company has already received the authorizations to drill and has begun to twin the vibrating wire piezometer holes and to drill the aquifer well. The data collection and associated modeling should be completed in the second quarter 2013.

The Corps has indicated work is continuing on the writing of the EIS chapters. Additional information is available on the Corps' website.


The Company is pleased to announce it has amended its agreement with Blanchard Machinery Company ("BMC") for the delivery and final payment for its Caterpillar ("CAT") mobile mine equipment for its Haile Gold Mine project in South Carolina.  If needed, the amendment extends the delivery schedule and final payment of approximately $29 million, originally scheduled for September 30, 2013 by six months, with an option to extend a further six months. The Company will incur a modest fee for the amendment and the extension option and it will continue to incur a monthly holding cost of approximately $230,000. The agreement maintains previously agreed pricing, ensures timely delivery of new equipment with tires, keeps a full warranty in place until delivery, and allows the Company to defer the majority of the payment in order to conserve cash, should the need arise. BMC worked with the Company in evaluating other alternatives and the amended agreement provides the lowest cost alternative with continued flexibility.

The local dealer for the Company's Hitachi shovel, Flint Equipment Company ("Flint"), is storing the shovel in Savannah, GA. In the current agreement with Flint, the Company will take delivery of the shovel not later than February 2014 and the final payment will be approximately $2 million. Flint recently advised that it would work with the Company to adjust the current agreement for delivery of the shovel, if needed.

The SAG and Ball mill shells were delivered to South Carolina in late December 2012 and arrived at Haile on January 18, 2013. Progress payments of approximately $3 million on these are being made in the first quarter of 2013. Payment of approximately $1.3 million for both mill motors and girth gears is anticipated in the third quarter of 2013 with final payments of approximately $1.3 million for other ancillary components delayed until after the start of construction.


The Company is continuing with its cash conservation actions and ended 2012 with $64.8 million of cash and cash equivalents, which was $9.4 million lower than September 30, 2012. At February 20, 2013, cash was approximately $54 million. The first quarter cash spend is higher than the previous two quarters of 2012 primarily due to payments for the Ball and SAG mills mentioned above and annual payments customarily paid in the first quarter of each year.

Conference call

The Company will hold a conference call on February 21, 2013 at 8:30 am ET where senior management will provide an update on the EIS and Haile Gold Mine project.  Senior management will also respond to questions from analysts and investors.

To join the call:

  • In Canada and the United States - 1-888-231-8191
  • International - 647-427-7450

The conference call will be recorded and playback will be available approximately two hours after the event's completion by dialing toll free in Canada and the United States 1-855-859-2056 or locally 416-849-0833, passcode 13997766# (available up to February 28, 2013).

About Romarco Minerals Inc.

Romarco Minerals Inc. is a gold development company focused on production primarily in the US.  The Company has completed a positive Feasibility study and is continuing exploration drilling and permitting for its flagship project, the Haile Gold Mine in South Carolina.


About PR Newswire
Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Cloud Developer Stories
You think you know what’s in your data. But do you? Most organizations are now aware of the business intelligence represented by their data. Data science stands to take this to a level you never thought of – literally. The techniques of data science, when used with the capabiliti...
A completely new computing platform is on the horizon. They’re called Microservers by some, ARM Servers by others, and sometimes even ARM-based Servers. No matter what you call them, Microservers will have a huge impact on the data center and on server computing in general. Alth...
As the world moves toward more DevOps and Microservices, application deployment to the cloud ought to become a lot simpler. The Microservices architecture, which is the basis of many new age distributed systems such as OpenStack, NetFlix and so on, is at the heart of Cloud Foundr...
In past @ThingsExpo presentations, Joseph di Paolantonio has explored how various Internet of Things (IoT) and data management and analytics (DMA) solution spaces will come together as sensor analytics ecosystems. This year, in his session at @ThingsExpo, Joseph di Paolantonio f...
So you think you are a DevOps warrior, huh? Put your money (not really, it’s free) where your metrics are and prove it by taking The Ultimate DevOps Geek Quiz Challenge, sponsored by DevOps Summit. Battle through the set of tough questions created by industry thought leaders to e...
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
Click to Add our RSS Feeds to the Service of Your Choice:
Google Reader or Homepage Add to My Yahoo! Subscribe with Bloglines Subscribe in NewsGator Online
myFeedster Add to My AOL Subscribe in Rojo Add 'Hugg' to Newsburst from CNET Kinja Digest View Additional SYS-CON Feeds
Publish Your Article! Please send it to editorial(at)!

Advertise on this site! Contact advertising(at)! 201 802-3021

SYS-CON Featured Whitepapers