Tag Archives: ounces

PMI AND KEEGAN AGREE TO TERMINATE MERGER PLANS

Vancouver, British Columbia, February 18, 2013 – PMI Gold Corporation (“PMI”) (TSX: PMV, ASX: PVM, Frankfurt: PN3N.F) and Keegan Resources Inc. (“Keegan”) (TSX, NYSE MKT: KGN) jointly announced today that they have terminated the arrangement agreement (the “Arrangement Agreement”) they entered into on December 5, 2012 in accordance with its terms. This decision comes as a result of the mutual determination of PMI and Keegan that it is unlikely that PMI’s shareholders will approve the transactions contemplated by the Arrangement Agreement. The termination of the Arrangement Agreement is not on account of any differences arising between the respective boards about valuation issues or on account of any new facts having come to their attention. read more

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Foy-Johnston Secures Rich Concession in Cameroon

About Foy-Johnston Inc. read more

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Researchers Identify Water Rich Meteorite Linked To Mars Crust

WASHINGTON, Jan., 2013 /PRNewswire-USNewswire/ — NASA-funded researchers analyzing a small meteorite that may be the first discovered from the Martian surface or crust have found it contains 10 times more water than other Martian meteorites from unknown origins. read more

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PMI AND KEEGAN TO MERGE AS EQUALS TO FORM ASANKO GOLD

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IAMGOLD Fatality in Burkina Faso, West Africa

TSX: IMG    NYSE: IAG read more

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Gold Fields Limited: KDC East Mine Resumes Production

JOHANNESBURG, Nov. 6, 2012 /CNW/ – Gold Fields Limited (Gold Fields) (JSE, NYSE, NASDAQ Dubai: GFI) is pleased to announce that employees this morning returned to work at its KDC East Mine (formerly Kloof) to resume production after a 23-day strike. All three of Gold Fields’ operating mines in South Africa are now back in production. read more

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Great Basin Gold to Obtain $35 Million Loan Consequent upon CCAA Court Order

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Gold Fields Limited – KDC East Strike Resolved

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Gold Fields Limited – Unlawful and Unprotected Strike at KDC East Continues

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Tarkwa Gold Mine Heap Leach Facilities Resume Operations

JOHANNESBURG, August 10, 2012 /PRNewswire/ — read more

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Daulton Capital Announces $105 Million Forward Gold Sales Contract

NEW YORK, June 25, 2012 /PRNewswire/ — Daulton Capital Corp. (OTCBB: DUCP) (to be renamed Celframe Arx Resources Corp) a gold and precious metals exploration company, is pleased to announce that it has entered into a $105 million forward Gold sales contract with Salam International Limited. Salam International Ltd is a Dubai gold trading company which procures gold and sells to large Gold refineries in Dubai & Abu Dhabi, United Arab Emirates. The company has executed a forward gold sale contract for the sale of USD $105 million 99.9% pure gold bullion at a price equal to discount of 5 % (LME -5) to the 2nd London Metals Exchange fixing price on the date of each tranche delivery. The contract is for a term of 36 months and provides for the gold to be delivered 6 to 9 months from the date of signing as Celframe ARX Resources gears up for production at its Queensland, Australia site. The purpose of the forward gold sales contract is to enable immediate working capital to fund ongoing gold production at the ARX Springs project. read more

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Standard Bank Group scoops top honours in project finance awards

Standard Bank Group has won four Deal Of The Year titles in recognition of its capabilities and achievements in implementing project finance deals across Africa over the past year. read more

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Helio Reports Drill Results from DGP Gold Project, Namibia, including 4m at 8.2g/t Au, 8m at 3.2g/t Au, 6m at 2.9g/t Au, and 6m at 2.7g/t Au

TSX-V Trading Symbol: HRC
E-mail: info@helioresource.com Toll Free: +1 888 955 4728
Website: www.helioresource.com read more

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First Uranium Corporation – Production Update for the Three Months Ended December 31, 2011

TORONTO AND JOHANNESBURG, Jan. 26, 2012 /PRNewswire/ – First Uranium Corporation (TSX:FIU), (JSE:FUM) (ISIN:CA33744R1029) (“First Uranium” or “the Company”) today released its production results for the three months ended December 31, 2011 (“Q3 2012”) . read more

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