Volume 98 Number 5 Mar 19 - 25, 2012

First Uranium to sell its South African assets

First Uranium (FIU-T) says it will sell chief assets — the Mine Waste Solutions (MWS) tailings recovery project and the Ezulwini gold-uranium mine, both in South Africa — for US$405 million as the underperforming junior…

Personnel at Coro Mining's San Jorge copper-gold project in Argentina. Photo by Coro Mining

Coro takes a second swing at San Jorge

One week after renegotiating a purchase agreement on its San Jorge copper-gold porphyry project in Argentina’s Mendoza province, Coro Mining (COP-T) will take another shot at getting the government permits it needs to proceed with mine…

Geologist Rory Calhoun leads an analyst into an adit at Prophecy Platinum's Wellgreen PGM-nickel-copper project in the Yukon. Photo by The Northern Miner

Prophecy Platinum and Ursa Major to merge

Looking to add near-term production potential, Prophecy Platinum (NKL-V) has entered a binding letter of agreement to merge with Ursa Major Minerals (UMJ-T) in an all-share deal.

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