DALLAS, Jan. 6, 2011 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces an investment report featuring China Shen Zhou Mining & Resources Inc. (AMEX:SHZ). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.
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China Shen Zhou Mining & Resources Inc. (SHZ), through its subsidiary, American Federal Mining Group, is engaged in the exploration, development, mining, and processing of fluorite and nonferrous metals such as zinc, lead and copper in China. The Company has the following main areas of interest in China: (a) fluorite extraction and processing in the Sumochaganaobao region of Inner Mongolia; (b) zinc/copper/lead exploration, mining and processing in Wulatehouqi of Inner Mongolia; and (c) zinc/copper exploration, mining and processing in Xinjiang.
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In the report, the analyst notes:
"For this year, the Company anticipates production to reach approximately 60,000 metric tons of fluorite powder and approximately 40,000 metric tons of fluorite lumps.
"The Company's net revenues are expected to reach $38 million this year, a 164% increase compared with the 2010 estimated net revenues of $14.5 million, while net income is expected to be about $11 million."
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