Volume 99 Number 41 Nov 25 - Dec 1, 2013

A barge with equipment for Pacific Potash's Amazonas potash project in Brazil. Credit:  Pacific Potash

Pacific Potash gets the drills spinning at Amazonas

The growth story in China isn’t what it used to be, but the country still has an appetite for resources in the Americas, as demonstrated by an unnamed Chinese state-owned enterprise that is lending $10 million to Pacific Potash (TSXV: PP;…

A worker operates a gas-powered Winkie Drill at Adamera Resources' Poland-China gold project in Washington. Credit: Adamera Resources

Adamera eyes golden upside in historic Washington

VANCOUVER — Vancouver-based Adamera Minerals (TSXV: ADZ) has cut ties with its uranium assets in Nunavut, and picked up gold projects in a less logistically challenging locale: Washington state.

Potash Ridge's Blawn Mountain potash project, 90 km northwest of Cedar City, Utah. Credit: Potash Ridge

Potash Ridge’s SOP story in Utah

VANCOUVER — A prefeasibility study suggests Potash Ridge’s (TSX: PRK; US-OTC: POTRF) Blawn Mountain project in Utah could be transformed for US$1.1 billlion into an economic, long-life, open-pit mine producing high-quality potash.

Newmont leads by example

The last few weeks have been upbeat for Newmont Mining (TSX: NMC; NYSE: NEM). The has brought two of its projects into commercial production on schedule and budget: Akyem in Ghana and Phoenix Copper in Nevada. And Newmont revealed in its…

An aerial view of the Dos Hermanos zone at Oceanus Resources' La Lajita gold property in Durango state, Mexico. Credit: Oceanus Resources

Little-known Oceanus makes its mark in Mexico

Oceanus Resources (TSXV: OCN) is finding high-grade gold-silver mineralization on its wholly owned La Lajita property in Mexico’s Sierra Madre Occidental region, and says the project has rocks and structures similar to Agnico Eagle…

Drillers at Brixton Metals' Thorn polymetallic project, 130 km southeast of Atlin, B.C. Hecla Mining has a 20% stake in Brixton. Credit: Brixton Metals

Hecla sees potential in junior explorers

VANCOUVER — The market landscape has shifted for juniors with exploration-stage assets. And though equity markets remain tough, there are opportunities for producers like U.S.-based Hecla Mining (NYSE: HL) that are looking to get…

A truck hauling ore at Turquoise Hill's Oyu Tolgoi copper-gold project in Mongolia. Credit: Turquoise Hill Resources

Delays force Turquoise Hill into $2.4B rights offering

VANCOUVER — Unresolved ownership issues mean Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ) and the Mongolian government will have to spend more time at the negotiating table before resuming underground expansion at the Oyu Tolgoi…

U.S. markets, Nov. 11-15

The Dow Jones Industrial Average and the S&P 500 Index had another week of record highs. The Dow edged 1.27% higher to close the week at 15,961.70, while the S&P 500 advanced 1.56% to 1,798.18. The Philadelphia Gold & Silver Index…

TSX Venture Exchange, Nov. 11-15

The S&P/TSX Venture Composite Index finished in the red, dropping 3.34 points en route to a 934.07-point close. Markets were on pace to register an even larger loss before a late recovery aided by rising metals and energy prices, as well as…

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