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Potash
 
MINING INVESTMENT

Canada's mines to get $130bn in investments by 2016 - MAC Restricted

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Companies will invest some $130-billion in Canadian mines over the next five years, as burgeoning commodity demand creates opportunities “not seen since the post-war boom of the 1950's”, an industry lobby group said on Thursday....
25th August 2011
 
 
POTASH

IC Potash courts partners for New Mexico project Restricted

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TSX-listed IC Potash is in talks with “quite a few” companies to partner on its Ochoa project in New Mexico, and hopes to have an agreement penned within the next 12 months, CEO Sidney Himmel told Mining Weekly Online. The company aim to...
24th August 2011
 
 
POTASH

MagIndustries pens loan agreement with majority shareholder Restricted

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Potash hopeful MagIndustries said on Tuesday its 77% shareholder, China’s Evergreen Resources, had agreed to loan it C$50-million, and that Longbo Chen had joined as co-CEO, with Ren Zhao becoming co-CFO. Evergreen in July bought 77% of...
24th August 2011
 
 
POTASH

Study pegs Encanto's potash project capital at $2.4bn for 2.5Mt/y mine Restricted

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TSX V-listed Encanto Potash on Thursday announced the results of a preliminary economic assessment of its Muskowekwan project in Saskatchewan that outlined a 2,5-million ton a year operation that would cost an estimated $2,4-billion to build. The...
18th August 2011
 
 
POTASH

Former UraMin team to list Congo potash project on TSX Restricted

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Australia-listed Elemental Minerals, which owns the Sintoukola potash project in the Republic of Congo (Brazzeville), said on Thursday it aims to list on the TSX August 16 in a C$53-million initial public offering. BMO Capital Markets and...
12th August 2011
 
 
POTASH

Allana names new chair, applies for TSX listing Restricted

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Allana Potash, hoping to produce the crop nutrient at its project in Ethiopia, has appointed Mark Stauffer as independent chairperson, and has applied to move its listing up to the TSX main board, it said on Wednesday. Stauffer was previously...
10th August 2011
 
 
MINING INVESTMENT

Canadian government collected 65% more revenue from mining firms in 2010 - MAC Restricted

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Mining companies are expected to invest more than $116-billion in Canada over the next five years, an industry body said on Thursday. The Mining Association of Canada (MAC) said that the sector injected $8.4-billion into federal, provincial and...
5th August 2011
 
 
POTASH

Finally, a deal between Canpotex and India Restricted

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It would appear, borrowing Potash Corp CEO Bill Doyle’s analogy, that India’s potash buyers have managed to catch their tail. Agrium CEO Mike Wilson on Wednesday said that Canpotex, the marketing cartel for Canada’s three biggest producers...
3rd August 2011
 
 
 
 
 
 
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