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Potash
 
POTASH

Karnalyte opens contractor’s office at Saskatchewan project Restricted

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Potash junior Karnalyte Resources on Wednesday officially opened the contractors’ office at its Karnalyte property, near Wynyard, Saskatchewan, in anticipation of the start of construction activity. CFO Ron Love told Mining Weekly Online that the...
31st October 2012
 
 
POTASH

Potash Corp Q3 earnings drop on lower offshore sales Restricted

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Saskatchewan-based Potash Corp posted a 21% drop in third-quarter earnings as record third-quarter North American potash sales volumes were offset by an offshore sales decline. The world’s biggest potash producer on Thursday reported earnings for...
25th October 2012
 
 
POTASH

Verde Potash to capitalise on Brazil’s growing global food production Restricted

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The development of Brazil into what could very well be the world’s food basket for numerous generations to come, augured well for TSX-listed Verde Potash, which is developing the largest potash mine in the country, to fulfil the country’s growing...
19th October 2012
 
 
POTASH/PHOSPHATE

Mosaic profit dives on low phosphate sales Restricted

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The world’s largest fertiliser producer Mosaic on Tuesday reported an 18% drop in profit for the first quarter of the 2013 financial year, as a result of weak phosphate sales and droughts in key food-producing regions. Mosaic reported net...
2nd October 2012
 
 
POTASH

IC Potash confirms long-term water supply for New Mexico project Restricted

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Toronto-listed IC Potash (ICP), developing the Ochoa project in New Mexico, on Tuesday said a water supply study has confirmed an aquifer’s ability to sustainably supply the project's water needs. The test successfully demonstrated the desired...
11th September 2012
 
 
POTASH

Karnalyte Resources signs EPCM agreement for Saskatchewan project Restricted

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Canadian potash project developer Karnalyte Resources on Thursday said it had signed an engineering, procurement and construction management (EPCM) agreement with Foster Wheeler Canada to provide EPCM services for the Wynyard carnallite project,...
6th September 2012
 
 
DIVERSIFIED MINERS

BHP Billiton shuts silicomanganese plant, impairment tests aluminium Restricted

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Diversified miner BHP Billiton has shut its Metalloys silicomanganese plant in Meyerton “permanently” and confirmed that its South African aluminium assets have been subjected to impairment testing. With the outlook for energy coal also clouded,...
22nd August 2012
 
 
PROJECT FINANCING

Sprott closes $7.5m financing with Idaho phosphate developer Restricted

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Strategic lending firm Sprott Resource (SRC) on Tuesday said it had closed a $7.5-million deal with phosphate project developer Stonegate Agricom to assist it with environmental permitting activities at its Paris Hills phosphate project, in...
21st August 2012
 
 
 
 
 
 
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