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Potash
 
FERTILISERS

Rio Verde jumps on share sale at premium Restricted

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Toronto-based Rio Verde’s stock rose by one-third on Friday, after the Brazil-focused fertiliser hopeful said it was selling shares at an 87% premium to the previous day’s closing price to raise C$15-million. In a market where many junior...
28th May 2012
 
 
quPOTASH

CP strike threatens Canada's name as reliable potash supplier Restricted

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The Canadian Pacific (CP) railway strike that started May 23 in Canada could damage the country’s reputation as a reliable potash supplier, a producer of the crop nutrient cautioned on Friday. While the work stoppage at CP, which carries...
25th May 2012
 
 
Potash

Ethiopian potash prospects buoyed by acquisition, says junior Restricted

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The decision by Norwegian fertilizer group Yara International last week to up its stake in Ethiopian potash company Ethiopotash BV to 51% from 16.67%, is being perceived by companies such as exploration group Allana Potash as a positive indicator...
18th May 2012
 
 
POTASH

Elemental Minerals hikes Congo potash resources 265% Restricted

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Elemental Minerals, exploring for potash in the Republic of Congo, on Tuesday announced it grew measured and indicated resources at its Kola deposit to just under one-billion tons. CEO Iain Macpherson said the increased tonnage reinforced...
8th May 2012
 
 
POTASH

Allana Potash Corp announces 1.3bn t Ethiopian potash resource Restricted

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Allana Potash earlier this week announced a National Instrument 43-101-compliant potash resource of 1.3-billion tons at its Danakil potash project, in Ethiopia. The resource holds an average grade of 19.32% potassium chloride, representing about...
2nd May 2012
 
 
POTASH

Potash Corp expects bumper Q2 sales, profit drops Restricted

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Saskatchewan-based Potash Corp on Thursday said it expected significantly increased demand for potash and related products in the second quarter this year, with CEO Bill Doyle painting a bullish outlook for the rest of the year and into 2013....
26th April 2012
 
 
PEOPLE

Ethiopian Potash appoints new directors Restricted

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TSX-V-listed Ethiopian Potash Corp (EPC) on Thursday announced the appointment of Bruce Cumming and CFO Michael Galloro as directors, following the resignation of Paul DesLauriers, Robert Metcalfe and Binh Vu from the board. Acting CEO and...
13th April 2012
 
 
POTASH

K+S to officially start building Legacy potash mine in June Restricted

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Germany’s K+S said it will hold a ground-breaking ceremony at its C$3.25-billion Legacy potash project in Saskatchewan on June 19, after having received board sanctioning in November. The fertiliser maker also said project manager for the...
4th April 2012
 
 
 
 
 
 
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