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Allied Nevada closes C$400m senior notes offering

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TSX-listed Allied Nevada on Friday said it had successfully closed a senior unsecured notes offering totalling about C$400-million, carrying a coupon of 8.75% and due by 2019. At the same time the company entered into a cross-currency interest...

By: Henry Lazenby

25th May 2012

CORPORATE ACTIVITY

TNG finalises Chinese investments

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ASX-listed TNG has completed the final stage of it’s A$13.4-million transaction with two Chinese firms, boosting its cash reserves to over A$11-million. The resources company said on Friday that the overall transaction resulted in the...

By: Esmarie Swanepoel

25th May 2012

POTASH

CP strike threatens Canada's name as reliable potash supplier

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The Canadian Pacific railway strike that started May 23 in Canada could damage the country’s reputation as a reliable potash supplier, a producer of the crop nutrient cautioned on Friday. While the work stoppage at CP, which carries virtually...

By: Matthew Hill

25th May 2012

IRON-ORE

Bungalow resource increases by 230%

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Iron-ore developer Centrex Metals on Friday reported a 230% mineral resource increase at its Bungalow magnetite project, in Southern Australia’s Eyre Peninsula. The project is now estimated to host some 338-million tons of resource, with the...

By: Esmarie Swanepoel

25th May 2012

IRON-ORE

Jambreiro moves closer to development - Centaurus

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Brazilian iron-ore developer Centaurus Metals has received government approval for the final exploration reports on the three key tenements of its Jambreiro iron-ore project. The National Department of Mineral Production’s approval paved the...

By: Esmarie Swanepoel

25th May 2012

DIAMONDS

Rockwell turnaround still 'work in progress', says CEO

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Alluvial gem miner Rockwell Diamonds said on Friday the loss of $13.7-million for the 2012 financial year reflected the impact of the strategic decisions that were taken to place the company on solid footing. This formed part of Rockwell’s...

By: Idéle Esterhuizen

25th May 2012

URANIUM

Cameco not likely done with M&A yet, analysts say

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Cameco’s announcement this week that it is paving the way to raise up to $1-billion has sparked speculation the Canadian uranium giant may be preparing for a large takeover. TSO & Associates analyst Terence Ortslan said on Friday there are...

By: Matthew Hill

25th May 2012

ZINC

Perkoa proves up for Blackthorn

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Metals developer Blackthorn Resources has reported an 80% increase in the mineral resource at its Perkoa joint venture project, in Burkina Faso. The project’s mineral resource has now increased to 12.17-million tons, at 10.3% zinc and 53.9 g/t...

By: Esmarie Swanepoel

25th May 2012

Topics in these articles

City	Company	Currency	Facility
Johannesburg Perth New York	Allied Nevada Ao Ao-Zhong International Mineral Resources Aosu Inestment Agrium Canadian Pacific Railway Mosaic Company Potash Corp Baotou Iron Centrex Metals Steel Group Rockwell Rockwell Diamonds Steinmetz Diamond Group Areva Cameco Nukem Rio Tinto TSO & Associates UEX Corp Versant Partners Blackthorn Resources	CAD USD AUD	Hycroft Mine Saxendrift Mine Tirisano Mine
Province Or State	Industry Term	Natural Feature	Person
Nevada Saskatchewan	Technology Transport Steel Gem Miner Trial Mining Mined Products Uranium Giant Surface Infrastructure Zinc Metal	Mount Peake Eyre Peninsula Middle Orange River Vaal River	Paul Burton Bill Johnson Fred Green Lisa Raitt Richard Downey Darren Gordon James Campbell Mark Bristow Gerry Grandey Rob Chang Terence Ortslan Tim Gitzel
Country	Technology
Canada Australia Brazil Democratic Republic Of Congo Malawi Namibia United States Burkina Faso	X-ray