OJSC Polymetal has made its first expansion out of Russia, having entered into an agreement to purchase
SEVERAL companies secured financing this week to cover liabilities associated with project development.
Minera IRL Ltd conditionally raised US$15 million by placing shares. The proceeds will allow Minera to
Condor Resources plc has rejected an unsolicited offer by Worldwide Natural Resources plc, calling the
Uzbekistan's mining sector does not have as much foreign investment as its Asian neighbours. Most of
APEX Minerals NL and famed Australian prospector Mark Creasy will vend their nickel assets into former
Goldcorp Inc has entered into an agreement with a group of initial purchasers to issue and sell US$750
New Gold Inc and Western Goldfields Inc have completed a previously-announced merger which will give
Eldorado Gold Corp has agreed to purchase a 19.9% interest in Chinese-focused Sino Gold Mining Ltd from
Venezuelan-focused Rusoro Mining Ltd has reported a net profit of US$0.5 million for the first three
Golden Arrow Resources Corp is to receive US$138,658 as first payment of its 1% net smelter returns royalty
Millrock Resources Inc said Kinross Gold Corp has invested C$350,000 via a private placement in the company.
Red Back Mining Inc has offered C$513 million (US$472 million) for Moto Gold Mines Ltd to secure itself
Sekunjalo Investments Ltd, the black-controlled South African group, made a US$150 million offer for
Red Back Mining Inc and Moto Goldmines Ltd announced a merger deal, under which Moto shareholders will
Harmony Gold Mining Co has repaid its R1.7 billion (US$210 million) convertible bond and is now debt
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