African Potash starts drilling at Lac Dinga project

Central Rand Gold (JNB:CRD) is seeking help from the Pretoria High Court to keep operating after its mining license was set aside by the South African Department of Mineral Resources. On Monday Central Rand Gold, a company focused on gold prospecting and mining in the Central Rand Goldfield of South Africa, learned its mining license would be cancelled because it failed to carry through with various environmental and labour guidelines.

Paladin Energy Ltd (TSX:PDN)(ASX:PDN) ("Paladin" or the "Company") has completed the bookbuild for a private placement to institutional and accredited investors of 56.9M ordinary shares (representing 7.3% of Paladin's existing issued capital) to raise approximately A$68.2M/C$69.2M. The placement was priced at A$1.20 (C$1.22) per share which represents a 8.4% discount to Paladin's last closing price on ASX. The new shares will rank equally with existing shares. RBC Capital Markets and UBS AG, Australia Branch acted as Global Joint Lead Placing Agents to the placement.

Pacific Gold Corp. ("PCFG") today announced that its Board of Directors has approved a share repurchase program, effective immediately. Under the program, PCFG is authorized to repurchase up to 5 million of its issued and outstanding common shares in the open market or in negotiated transactions, from time to time, depending on market conditions and other factors as well as subject to relevant rules under Untied States securities regulations.

NEW YORK, NY--(Marketwire - Sep 28, 2011) - Mammoth Energy Group Inc. (PINKSHEETS: MMTE), a lithium and alternative energy mining company, announced today that its wholly owned subsidiary Compania Lithium Investments Limitada of Chile has acquired five additional concessions for a total of 2471 acres (1000 hectares) of lithium concessions located at Laguna Lagunilla situated in the Pica commune.

VANCOUVER, Sept. 28, 2011 /CNW/ - ESO Uranium Corp. (TSXV: ESO), (the "Company" or "ESO") and its 50% Joint Venture (JV) partner Fission Energy (TSX-V: FIS), announce further results from its June 2011 uranium boulder prospecting and radon soil gas survey program:

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 28, 2011) - Taku Gold Corp. (the "Company") (TSX VENTURE:TAK) is pleased to announce results from detailed deep auger-type soil sampling completed over a number of grids established throughout the Sulphur property. The 536-claim (11,095-hectare) property is located approximately 45km due south of Dawson City in the Klondike gold camp of Yukon. The detailed grid sampling was completed over prospective areas identified by "ridge and spur" sampling completed in May and June 2011. The grid sampling was done at 50m sample stations on lines spaced 100m apart.

A coal miner died on Tuesday while working at the Kellingley Colliery in Knottingley, North Yorkshire. A second colleague was trapped in the same incident and was trapped below the waist. He was rescued and brought to the surface. No names were released pending notification of kin.

Fear crept out of the markets today and buyers came back. The S&P 500 was up 1.07% and the S&P TSX was up less than 1%. Gold futures rose to $1,652.50/oz, up 3.6 percent. On Monday, gold went as low as $1,535/oz. The overnight stock markets were also up. The Hang Seng Index was up 4.15% and the S&P ASX closed 3.64% higher.

World Gold Council said European central bank sold 1.1 tonnes of gold during the year, the lowest annual sales since the Central Bank Gold Agreement began in September 1999. The current agreement permits signatories to sell 400 tonnes of gold collectively per annum. The council said that European signatories showed a similar unwillingness to sell gold in the prior year of the agreement, selling just 7.1 tonnes of the permitted 400 tonnes ceiling.