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Potash
 
POTASH

African Potash upbeat about Congo project Restricted

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Aim-listed African Potash said on Friday it was hopeful of shortly completing its acquisition of a potash exploration company in the Republic of Congo. The exploration and investment company in February agreed to buy Patagonia Capital, which held...
23rd March 2012
 
 
POTASH

Canpotex-China potash price unchanged in Q2 Restricted

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Shares in Potash Corp rose on Tuesday morning, after Canpotex, the marketing arm of Canada’s potash producers, said prices for the crop nutrient it supplies to China will remain flat in the second quarter. Canpotex, which also includes Mosaic...
20th March 2012
 
 
POTASH

Drama continues at Ethiopian Potash Restricted

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There have been some strange goings on at Ethiopian Potash in the past month, which on Wednesday culminated in CEO David Wahl’s abrupt exit, after just 18 months on the job. The TSX-V-quoted company in the same announcement said it was in talks...
8th March 2012
 
 
POTASH

Verde to raise up to C$28m for Brazilian potash project Restricted

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Toronto-based Verde Potash said on Thursday it hired financial institutions to raise up to C$28.7-million to develop its Cerrado Verde project in Brazil. A preliminary economic assessment announced in January foresaw a staged project at Cerrado...
2nd March 2012
 
 
POTASH

'We love price', says Potash Corp COO Restricted

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Demand for potash will likely grow by more than 36%, or 15-million tons yearly, over the next decade, Potash Corp COO David Delaney said on Wednesday. And while cautious buying since November last year caused producers including the world’s...
1st March 2012
 
 
PHOSPHATE

Montero says SA phosphate mine to cost C$129m Restricted

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Toronto-based Montero Mining, which owns a rare earths project in Tanzania, on Tuesday said a scoping study gave its Duyker Eiland phosphate asset in South Africa’s Western Cape a C$150-million net asset value at a 10% discount rate, forecasting...
29th February 2012
 
 
COMMODITY PRICES

'Terrific' potash sales soon - Coxe Restricted

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Almost exactly ten years ago, BMO Financial Group strategy advisor Don Coxe correctly forecast commodities were moving into the biggest bull market yet. On Friday, he said investors in commodity markets can still expect at least another two...
25th February 2012
 
 
POTASH

Can former UraMin team pull it off again with Congo potash? Restricted

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While Elemental Minerals is sitting on what Northern Securities analyst Fadi Benjamin calls “the best potash project in Africa...hands down”, the biggest challenge facing the company is raising the $1.7-billion required to bring its Sintoukola...
23rd February 2012
 
 
 
 
 
 
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