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Feasibility study in hand, Karnalyte turns focus to financing

By: Matthew Hill Shares in potash hopeful Karnalyte Resources hit a new high on Monday, after the company published a positive feasibility study for its Wynyard project in Saskatchewan, outlining a 625 000 t/y mine with initial output in 2014, costing just under $600-million to build. BMO analyst Joel Jackson... 

New potash entrant Karnalyte ponders 6Mt production

By: Matthew Hill 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 plan is to construct the first phase at a capital... 

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