Posts by Marketwire - Mining and Metals:

Western Areas retires convertible bond from cash reserves

Western Areas NL ("Western Areas") (TSX:WSA)(ASX:WSA) is pleased to announce full repayment from cash reserves of the A$105.5m convertible bond issue expiring today. The repayment is consistent with guidance provided to the market over the last 12 months confirming the company's focus on maintaining a sound and stable balance sheet.

Woulfe Mining strategic agreement update

In regard to its Korean-based mining project, the Woulfe press release states, " there is no extra 60 days in the deal with our strategic partner and it is on track, moving forward under the terms outlined in the agreement announced on February 28th, 2012."