TORONTO (miningweekly.com) – Vancouver-based Western Potash Corp. said on Monday it had won permission to move its listing from the TSX-V to the main board the following day.
The company, developing the estimated C$2.5-billion Milestone Project in Saskatchewan, hopes to start production in 2015, producing around 2.5-million tons a year of the crop nutrient.
Western Potash aims to complete a feasibility study on Milestone, located near Regina, next year.
The mine will be a solution mine, as opposed to conventional underground potash operations in the province.
Shares in Western Potash dipped 2% by 12:51 on Monday in a depressed market to trade at C$1.47 each.
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