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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.
About Foy-Johnston Inc.
TSX: IMG NYSE: IAG
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.
JOHANNESBURG, August 10, 2012 /PRNewswire/ —
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.
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.