Huscoke Resources Holdings Limited provided earnings guidance for the year ending December 31, 2012. The board of directors of the company reported that based on a preliminary review of the Group's unaudited management accounts for the eleven months ended November 30, 2012, the Board currently estimates that the Group will likely record a loss for the year ending December 31, 2012. The loss is principally attributable to the drop in coke pries, and the high purchase cost of raw materials due to the reduction of coal supplies caused by the PRC Governmental consolidation of coal mines in the Shanxi Province since March 2011.