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Potash
 
POTASH

MagIndustries, East China Engineering sign $497m development deal Restricted

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TSX-listed MagIndustries on Wednesday said an earlier framework agreement with East China Engineering Science and Technology for the development of the proposed Africa-based Mengo potash project had progressed into a $497-million general...
11th July 2013
 
 
PHOSPHATE

MBAC Fertilizer clears last regulatory hurdle, to start sales in July Restricted

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Toronto-listed phosphate and potash producer MBAC Fertilizer on Friday said it had received the final operating licence from the Tocantins State Environmental Agency to produce phosphate at its large Itafós Arraias project, in Brazil. The licence...
28th June 2013
 
 
POTASH

Pacific Potash inks provisional offtake deal with CapitalAsia Restricted

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CapitalAsia Investment Holdings Group on Wednesday signed a nonbinding memorandum of understanding to buy potash from TSX-V-listed project developer Pacific Potash Corp, if its flagship project in Brazil's Amazonas state is built. Under the terms...
19th June 2013
 
 
ECONOMIC GROWTH

Potash rebound to boost Saskatchewan economy Restricted

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Strengthening mining output is expected to drive Saskatchewan's economy this year, with provincial real gross domestic product growth projected to reach 2.9% in 2013 and 3.7% in 2014, financial services provider RBC Economic Research's latest...
19th June 2013
 
 
PROJECT DEVELOPMENT

Verde Potash’s final exploration reports approved Restricted

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The final exploration reports for TSX-listed Verde Potash’s Cerrado Verde mineral licences were given the nod by the National Department of Mineral Production (DNPM), paving the way for the fertiliser developer to submit an economic development...
18th June 2013
 
 
PROJECT DEVELOPMENT

Karnalyte Resources appoints equipment-engineering contractor Restricted

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Saskatchewan-based potash project developer Karnalyte Resources on Monday announced it has appointed Whiting Equipment Canada for the engineering and design of evaporators, potash crystallisers and auxiliary equipment at the company’s planned...
17th June 2013
 
 
POTASH

Karnalyte Resources ‘one step closer to dream’, secures $300m debt Restricted

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Potash project developer Karnalyte Resources on Friday said it had engaged financial services providers BNP Paribas and Natixis (New York) as lead arrangers to underwrite project financing to the value of $300-million to be used to fund the...
14th June 2013
 
 
POTASH

BHP entry threatens creaking global potash duopoly Restricted

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he prospect of new competition from miner BHP Billiton could dynamite the cracks appearing in a potash duopoly that accounts for 70% of global trade in the fertiliser. For decades two export groups, Belarus Potash Company (BPC), which represents...
10th June 2013
 
 
 
 
 
 
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