K + S OKs C$3.35bn Sask. potash mine

German fertiliser-maker K + S Aktiengesellschaft on Tuesday hiked the capital costs of its Legacy potash project in Saskatchewan by 30% to C$3.25-billion, as it envisaged a bigger, 2.86-million t/y mine. K+S bought the Legacy project through its...

Western Potash gets positive prefeas study

Toronto-listed Western Potash Corp on Monday unveiled the results of a prefeasibility study at its Milestone project in Saskatchewan, outlining 2.8-million t/y operation that would cost $2.7-billion to build, including port facilities. The news...

Western Potash hoping for strategic partner by year end

Western Potash, which has soared 80% on the TSX this month, said late on Wednesday it is not in formal takeover talks, and hopes to announce a strategic partner for its Milestone project in Saskatchewan by the end of the year. Corporate...

Western Potash leaps 17%, sparking acquisition rumours

Shares in Western Potash Corp, hoping to mine the fertiliser ingredient in Saskatchewan, bounded 17% higher in Toronto on Tuesday, prompting speculation a takeover may be on the cards following the imminent release of its Milestone project's...

Potash prices could beat $650/t by end 2012

As the supply-demand equation for potash continues to tighten, prices will continue to climb, analysts said on Tuesday, with one predicting they may even top $650/t by the end of next year. “The average spot price of potash should climb to at...

Western Potash graduates to main Toronto bourse

Vancouver-based Western Potash Corp. said on Monday it had won permission to move its listing from the TSX-V to the main board the following day. The company, developing the estimated C$2.5-billion Milestone Project in Saskatchewan, hopes to...

Western Potash hikes resources 40% at Sask project, shares climb

Western Potash on Tuesday said it boosted the resources at the Milestone property in Saskatchewan by 40% to 64-million tons of measured resources and 880-million tons of indicated and inferred. “We are very pleased with the results of this...

Canadian potash still making headlines

BHP Billiton abandoning its $40-billion bid for Potash Corp has by no means kept the sector out of the news, with Europe’s biggest producer of the fertiliser, K + S, this week agreeing to buy another Canadian company. Potash One was far more...

Western Potash hires advisers, in talks to fund project

Canadian junior Western Potash Corp is reviewing a number of options to finance the development of its flagship Milestone project, in Saskatchewan, and is in discussions with groups that have expressed interest in the asset, the company said on...

Western Potash marketing Sask project, scoping study out soon

Canada's Western Potash Corp (WPC) is looking for a buyer for its potash project in Saskatchewan, and has identified 22 parties that could be interested, corporate development VP John Costigan said in Toronto this week. Building a new potash mine...

Western Potash publishes resource estimate for Saskatchewan project

Canadian junior Western Potash has completed an initial resource estimate for its Milestone property, in southern Saskatchewan, of 32-million tons in indicated potash resources, plus 230-million tons in the inferred category. “Our board is...