Yellowcake to top $80/lb by ’14 – Forsys boss

Namibia-focused uranium junior Forsys Metals on Thursday said it was rapidly advancing studies to consolidate its Valencia and Namibplaas landholdings to potentially develop the world’s next significant uranium mine. The Toronto-, Frankfurt-...

First Majestic to buy Silvermex in C$175.4m deal

Vancouver-based First Majestic Silver said on Tuesday it agreed to buy Silvermex Resources to add to its Mexican production profile, in a deal that the target's CEO Duane Nelson said would be a case where "one plus one equals four". The friendly...

Endeavour Silver correctly wagers on rebounding metals prices

Vancouver-based Endeavour Silver’s bet that precious metals prices would perk up in early 2012 after a weak end to the previous year paid off, but the resulting lower revenues led to a $1.8-million net loss for the fourth quarter. The company...

Company Announcement: PC Gold Announces $1 Million Private Placement of Flow-Through Units

oronto, Ontario - March 8th, 2012 - PC Gold Inc. (TSX:PKL) (FRANKFURT:AJ2) ("PC Gold" or the "Company") is pleased to announce that it has entered into an agreement with Foundation Markets Inc. ("Foundation" or the "Agent"), under which Foundation...

Company Announcement: Commences Development of Superior Lithium Ion Battery Materials

Larry W. Reaugh, President and Chief Executive Officer of American Manganese Inc. (“American Manganese” or the “Company”), (TSX.V: AMY; Pink Sheets: AMYZF; Frankfurt: 2AM), is pleased to announce the Company has retained Kemetco Research...

Company Announcement: PC Gold Closes Private Placement for $1.3M and Provides Update on Exploration Program for Newly Identified Shallow Gold Vein

Toronto, Ontario - February 27, 2012 - PC Gold Inc. (TSX: PKL and Frankfurt: AJ2) ("PC Gold" or the "Company") is pleased to announce that it has closed a non-brokered private placement financing through the issuance of 4,102,812 units (the...

Company Announcement: Enters into a bought deal agreement to raise proceeds of C$35m

PMI Gold Corporation (TSXV:PMV, ASX:PVM, Frankfurt:PN3N.F) (“PMI” or the “Company”) has today entered into an agreement with a syndicate of underwriters co-led by Clarus Securities Inc. and RBC Capital Markets and including GMP Securities...

Yukon-Nevada inks $20m gold forward-sales deal with Deutsche Bank

Yukon-Nevada Gold Corp on Wednesday said it agreed to sell future gold production forward to Deutsche Bank to fund operations and expansion at its Jerritt Canyon mine in Nevada. Under the agreement, Toronto- and Frankfurt-listed Yukon-Nevada is...

Macusani agrees to buy Southern Andes in friendly uranium deal

TSX-V- and Frankfurt-quoted Macusani Yellowcake said on Friday it agreed to buy Southern Andes Energy to grow its uranium exploration tenements in south-east Peru in an all-share deal. The friendly takeover will see Macusani’s shareholders...

Company Announcement: Pearl Gold launches upgraded Website

Frankfurt, 31 January 2012 - Pearl Gold AG (02P:GR) has relaunched its corporate website on www.pearlgoldag.com this week with an entirely revised structure and layout. The German holding’s new online appearance is clearly...

By: Liezille Janse van Rensburg

31st January 2012

Saturn says signs supply MoU with coal-to-liquids consortium

Toronto- and Frankfurt-quoted Saturn Minerals has signed a memorandum of understanding with an unnamed consortium to potentially supply feed to a planned coal-to-liquids plant in Saskatchewan, the company said on Wednesday. The companies will...

New Mali mine to produce first gold soon

First gold from the new 630 oz/d Kodieran mine in Mali is expected in the next few weeks, Pearl Gold reported on Monday. Frankfurt-listed Pearl Gold, which owns 25% of the project owner Wassoul’Or, said construction work at Kodieran had been...