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The Muga Potash project continues to benefit from the access to infrastructure in Spain, adding electricity supply from the local grid supplied by Spanish utility company Iberdrola SA. It also demonstrates the in country momentum building for Muga as the DFS is due to be completed in Q1 2015.
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U.S. stocks jumped Monday as investors brushed aside generally sluggish economic reports, with the Dow and S&P 500 climbing to new record levels, while the Nasdaq closed above the 5,000 mark for the first time in 15 years.
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Red Emperor Resources (ASX:RMP) has secured a 15% interest in Service Contract 55 offshore Philippines from Otto Energy (ASX:OEL), which is preparing to drill a deep-water oil exploration well [...]