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POTASH

IC Potash sees C$40m cheque from Yara Restricted

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TSX-listed IC Potash (ICP), developing the Ochoa project in New Mexico, will sell a 19.9% to Norway’s Yara International for about C$40-million, in what the Toronto-based company calls a “transformational” deal, which also involves 30% of...
31st March 2012
 
 
PHOSPHATE

Stonegate's prefeas gives Idaho project $179.4m NPV Restricted

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The results of the prefeasibility study for Stonegate Agricom’s Paris Hills phosphate project in Idaho might arrived three months later than hoped, but they outlined the one-million-ton-a-year operation CEO Mark Ashcroft had been gunning for,...
27th March 2012
 
 
POTASH

April Fools' Day startup for Potash Corp's suspended mines Restricted

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Potash Corp, the biggest fertiliser producer, said on Friday two of its major mines in Saskatchewan are on track to restart production on April 1, after soft demand led it to idle the Rocanville and Lanigan mines. A spokesperson said the total...
23rd March 2012
 
 
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
 
 
 
 
 
 
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