MINING.COM Staff Writer

Barrick Gold is suing Goldcorp over the El Morro copper mine in Chile, the Globe and Mail reported yesterday. According to the newspaper: Toronto-based Barrick Gold Corp., (ABX-T44.24-0.39-0.87%) the world’s largest gold producer, is fighting Goldcorp Inc. (G-T46.82-0.59-1.24%)after the Vancouver company scooped up a majority stake in the El Morro development, one of the largest known copper and gold deposits in South America. Barrick alleges Goldcorp’s deal to buy Swiss miner Xstrata PLC’s 70-per-cent stake in El Morro was done illegally and is suing both parties, along with New Gold Inc., (NGD-T9.09-0.06-0.66%) which has a 30-per-cent stake in the project.

Ringbolt Ventures announced on Tuesday it has engaged the services of Beeman Drilling Services to undertake a potash drilling program on its Lisbon Valley Project in Utah, part of the Paradox Basin, an area which according to the United States Geological Services contains over 2bn tons of potash. The TSX-Venture listed company has another other potash project in Arizona’s Holbrook Basin as well as a prospective uranium property in the Hornby Basin of Canada’s North West Territories. Shares of the thinly traded company are up over 110% so far this year at $0.295.