Volume 97 Number 52 Feb 13 - 19, 2012

Crocodile execs applaud Luxor’s higher offer

Luxor Capital Group has increased its partial offer for Crocodile Gold (CRK-T), which operates gold mines in Australia. The New York-based investment company has raised its bid to US62¢ from US56¢ a share to buy 215.4 million…

Drill rigs at Strathmore Minerals' Gas Hills uranium project in Wyoming. Photo by Strathmore Minerals

The shine is back on uranium stocks

Korea Electric Power Corporation is taking a 13.9% stake in Strathmore Minerals (STM-T) in a deal that will also give the Korean energy giant off-take rights to a portion of the uranium junior’s future production.

A drill rig at Tournigan Energy's Kuriskova uranium project in central Slovakia, 10 km northwest of the city of Kosice. Photo by Tournigan Energy

Kuriskova uranium project low-cost, Tournigan says

Slovakia has four nuclear reactors that generate half the nation’s electricity needs, and two more reactors are planned or under construction. That makes Tournigan Energy’s (TVC-V) flagship Kuriskova uranium deposit in the country an attractive…

Great Western Minerals' Steenkampskraal REE mine in South Africa. Photo by Great Western Minerals

Great Western to get expertise from China

Over the last month Great Western Minerals Group (GWG-T) has completed a joint-venture with a Chinese company to build a rare earth separation plant near its Steenkampskraal mine in South Africa, about 350 km north of Cape Town, and…

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