Perceiving a cloudy future for world markets, Ivanhoe Mines (NYSE:IVN) announced that they had negotiated an additional US$1.8 billion bridge financing for Oyu Tolgoi.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 18, 2012) - Santa Fe Metals Corp. ("the Company") (TSX VENTURE:SFM) is pleased to report assay results from the November/December 2011 phase of the ongoing sampling program on its Don Indio project at Cuatro Ciénegas, Coahuila, Mexico.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 18, 2012) - Baja Mining (TSX:BAJ)(OTCQX:BAJFF) today announced that its 70 per cent-owned Mexican subsidiary, Minera y Metalurgica del Boleo S.A de C.V. (MMB) drew a further US$ 100 million on January 17, 2012, the third draw on its senior debt facilities to date.

The debate over the use of coal in Britain is heating up. Reuters reports a British company, Clean Coal UK, is planning to mine an estimated billion tonnes of coal off the Welsh coast using underground coal gasification.

A new report by DRBS, a rating agency, warns of increasing volatility in the potash sector with a possible softening of prices, mostly due to supply factors.

Gold Reach Resources (CVE:GRV) enjoyed a 15% lift in its stock price today on news that it has quadrupled its resource estimate at the company's Ootsa Lake property in British Columbia, about 120 kilometres south of Smithers.

Western Star Auction, based in British Columbia, will be auctioning the world's largest cut emerald on Jan. 28.

Mercator Minerals has secured a permit for operating its El Pinar porphyry copper project in Mexico.

Kinross Gold (K.TO) erased 19.46% of its value, with shares dropping to $10.65 a share on Tuesday, after it disclosed that it will take ". . . a material non-cash accounting charge, primarily relating to the goodwill recorded for the Tasiast mine in connection with the 2010 Red Back acquisition."