Potash
POTASH
Huge potential for Ethiopian potash, says Allana CEO
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Ethiopia has “huge potential” to become a significant potash producer, TSX V-listed Allana Potash CEO Farhad Abasov said on Thursday.
“It’s not going to be as big as Saskatchewan, but it’s going to be a substantial potash producer,”...
By: Matthew Hill
10th June 2011
POTASH
Verde says could potentially supply all of Brazil's potash demand
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TSX-listed Verde Potash is hoping to prove up enough resources at its Brazilian Cerrado Verde potash mine to supply all of the South American country’s future demand for the fertiliser, a spokesperson said on Monday.
That’s no mean feat,...
By: Matthew Hill
6th June 2011
POTASH
Allana wants first Ethiopian potash output in 2014
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Allana Potash, hoping to build a mine in Ethiopia, said this week it will decide whether to go ahead with the Dallol project by the middle of next year.
“We should be finished the 43-101 update in the next couple of weeks and, parallel to that,...
By: Matthew Hill
3rd June 2011
POTASH
New potash entrant Karnalyte ponders 6Mt production
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Karnalyte Resources, which debuted on the TSX in December, aims on producing 500 000 t/y of potash at its Wynyard project in Saskatchewan, but CEO Robin Phinney said on Thursday this could eventually climb as high as six-million tons a year.
The...
By: Matthew Hill
2nd June 2011
POTASH
K+S maintaining 2015 first output date from Legacy potash project
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German chemicals company K+S Aktiengesellschaft is sticking to the forecast of first production in 2015 from its recently acquired Legacy potash project in Saskatchewan, but will ramp up output slower than under the previous owner's plans, the...
By: Matthew Hill
1st June 2011
POTASH
Potash Corp eyes even greater growth
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The world’s biggest potash producer, Potash Corp, could add a further five-million tons of production, which would take its total capacity to around 22-million tons yearly, CFO Wayne Brownlee said on Wednesday.
The company had already unveiled...
By: Matthew Hill
1st June 2011
POTASH
New entrants could squeeze existing potash miners - Agrium CEO
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Companies building new potash mines could “put some stress” on existing producers, US-based Agrium CEO Mike Wilson conceded on Wednesday, but added that the costs of new projects was likely to intimidate potential entrants.
Agrium, the...
By: Matthew Hill
1st June 2011
POTASH
Ratings upgrade extends Potash Corp's gains
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Shares in Potash Corp ratcheted up a further 2,9% on the TSX in Tuesday afternoon trade, after Standard & Poor’s revised its credit rating for the company to stable from negative.
“The outlook revision reflects our view that strong demand for...
By: Matthew Hill
25th May 2011
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