Volume 97 Number 24 Aug 1 - 7, 2011

Verde Potash president and CEO Cristiano Veloso (left) and geologist Mario Viegas at the Cerrado Verde potash project in Minas Gerais, Brazil. Photo by Ian Bickis

Verde Potash heats up on Brazilian Thermopotash

There is a whole lot of verdete slate at Verde Potash’s (NPK-V) unconventional potash play in Brazil. Standing atop a hill of the chalky green rocks, you can see the same rocks poking conspicuously from the many grass-covered hillsides in the…


Drillers at Carpathian Gold's RVP gold-copper project in central Romania. Photo by Carpathian Gold

Barrick buys 9% of Carpathian Gold for $20M

Carpathian Gold (CPN-T) has received a big credibility boost from Barrick Gold (ABX-T, ABX-N), after the miner agreed to purchase $20-million worth of the junior’s shares for an approximate 9% interest.   





Toronto Stock Exchange

The S&P/TSX Composite Index gained in four straight sessions during the trading week before dipping on July 20 to end at 11,622.91 points, up 108.38 from where it began. The S&P/TSX Capped Diversified Metals & Mining Index also eked…


Prophecy Platinum up on Wellgreen resource

Recently restructured Prophecy Platinum (NKL-V) has been on a share-price roller coaster ride since releasing a resource update on its polymetallic Wellgreen project in the Yukon.


Storm clouds for Lake Shore

Lake Shore Gold’s (LSG-T) shares plunged to a new 52-week low in mid-July, after the company reported lower-than-expected gold grades for the second quarter, a delay in mill expansion and a reduced full-year production target.  


Anfield gets hard numbers for Mayaniquel project

Two years after making a bet on Guatemalan nickel laterite, Anfield Nickel (ANF-V) has some hard numbers regarding the wisdom of the venture with its first preliminary economic assessment on the Mayaniquel project.




People

Abitex Resources – Jean-Yves Laliberté resigned as CFO; Martin Richard appointed CFO.


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