Iron ore market dynamics are shifting beneath calm facade: Russell

Crocodile Gold announced today that it closed a Can$85 million bought-deal closing of 81 million units at Can$1.05 per unit. Each unit consists of one common share of the company and one-half of one common share purchase warrant. The syndicate of underwriters was co-led by GMP Securities L.P. and Cormark Securities Inc.

Shares in South African gold miner, Harmony Gold, rose just over 5% on the back of a positive investment rating by RBC Shares in Harmony Gold Mining (HARJ.J: Quote) rose by over 5 percent in early trade on Thursday with dealers attributing the rise to an

A world breakthrough in extracting uranium from hyper saline water - previously not possible with conventional technology - has been announced in South Australia by uranium developer, UraniumSA.  Addressing the first day in Adelaide of the Paydirt 2011 Uranium Conference, earlier this qweek, UraniumSA’s Managing Director, Russel Bluck, said the breakthrough had been achieved after collaborative metallurgical research with international and Australian suppliers of the special chemicals used to help extract uranium.

Mt. Burgess has identified a large zinc soil geochemical anomaly on its Kihabe-Nzuu base metals prospect in Botswana. Mt Burgess Mining NL (ASX: MTB), which has been actively exploring Botswana and Namibia for more than a decade -- initially for diamonds

Professor Barry Brook, chairman of the Sir Hubert Wilkins Chair of Climate Change at the University of Adelaide, told the final day of the Paydirt 2011 Uranium Conference in Adelaide that change in supply dynamics would require a large-scale but prudent expansion of nuclear energy infrastructure.

The W. Australian junior has applied to Australia’s Takeovers Panel to challenge the validity of Regent Pacific’s decision to terminate a takeover […]

Coal explorer Carabella Resources says it has raised $29 million via a significantly oversubscribed placement to institutional and sophisticated investors, AAP reported: The company placed 16.08 million shares at a price of $1.80 per share to investors from Australia, Asia, Europe and United States.

With Lanco looking to build on its recent Griffin Coal purchase, a new turf war is set to emerge between Indian suitors […]

Australian mining firm Sundance Resources said on Thursday recent finds at its Mbalam iron ore project in Cameroon had more than doubled the amount of indicated resources in the area.