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  • Randgold secures ‘attractive’ $200m revolving loan

    JOHANNESBURG (miningweekly.com) – London- and Nasdaq-listed Randgold Resources has entered into an unsecured $200-million revolving credit facility with bankers HSBC, Barclays, Citibank and Standard Chartered, for "general corporate purposes". HSBC acted as the sole bookrunner on the facility with the other banks acting as mandated lead arrangers. "Funds from this ...

  • The importance of country risk for mining investment

    Jurisdiction risk continues to grow as a result of countries attempting to capitalize on higher commodity prices says Thibaut Lepouttre, editor of Belgium's Caesars Report. A Gold Report ...

  • Wild Planet Adventures 12-Day Borneo Exploration Showcases Wildlife Sighting Opportunities

    Wildlife viewing specialist Wild Planet Adventures (WPA) spent five years creating the best possible opportunities to see rare and exotic wildlife in a destination facing some of the fastest deforestation in the world. The result is the 12-day Borneo -- Weird and Wonderful Wildlife with eight departures beginning in March 2013. "This trip crystallizes our style of meaningful encounters ...

  • Apex cancels Wiluna sale

    PERTH (miningweekly.com) – ASX-listed Apex Mineral on Monday announced that it had terminated the memorandum of understanding (MoU) with Everprosperity Investment for the sale of its Wiluna gold mine, in Western Australia. Apex had agreed to a 60-day extension of the due diligence period, on the payment of $250 000 by May 19. However, the company told shareholders that the deadline was ...

  • Minotaur looks at WA nickel

    PERTH (miningweekly.com) – Minerals explorer Minotaur Exploration and its subsidiary Minotaur Gold Solutions on Monday entered into a sales and purchase agreement with fellow-listed Breakaway Resources to buy the Scotia project, in Western Australia. The Scotia project consists of 14 tenements and is prospective for both nickel and gold. Under the terms of the agreement, Minotaur ...


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Movie Review

The Godfather Part III [DVD]

The Godfather Part III [DVD]

"The Godfather ... is the first completely authentic modern myth in American cinema ..." Jake Horsley, The Blood Poets: A Cinema of Savagery, 1958-1999 ...

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  • Maiden resource declared at Hatch Point

    PERTH (miningweekly.com) – ASX-listed junior Potash Minerals has declared a maiden Joint Ore Reserves Committee (Jorc) compliant resource of 902-million tons, grading 20% potassium chloride at its Hatch Point project, in the US. The mineral resource estimate was defined on less than 20% of the 405 ...

  • Globe gets new CEO

    to the roll of CEO, effective immediately. Stephens is a qualified geologist with more than 30-years experience in the resources sector, and has held a number of board and senior management positions. He was also previously employed as the MD and CEO of ASX-listed Arafura Resources between 2004 and 2009, and was responsible for growing the company’s market capitalisation from ...

  • Viento awarded Fortescue contract

    PERTH (miningweekly.com) – Iron-ore major Fortescue Metals has awarded a A$15.4-million contract to fellow-listed Viento Group for the Solomon tailing storage facility. Construction of the facility was expected to start this month, and would likely be completed by late September. The Solomon project consists of the Firetail and Kings mines, which would have a combined 60-million ton ...

  • EPA approves port plans for IOH

    PERTH (miningweekly.com) – The Western Australian Environmental Protection Authority (EPA) has given its blessing to ASX-listed Iron Ore Holdings (IOH) to develop an iron-ore export facility near Dampier. The multi-user port would include a 1.5 km trestle jetty, a 20-million ton a year stockyard, a permanent desalination plant, an access road corridor to the North Coast highway, office ...

  • Galaxy pleads to shareholders to take part in raising

    PERTH (miningweekly.com) – The directors of lithium miner Galaxy Resources have appealed to shareholders to take part in the proposed A$47-million capital raising to fund the ramp-up of its Jiangsu plant, in China. In January this year, Galaxy lost a A$66.2-million investment from the East China Mineral Exploration & Development Bureau (ECE) after a November incident at the Jiangsu ...

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