MagIndustries inks accord with China National for Congo potash project

TSX-listed MagIndustries has signed a project development framework with China National Complete Plant Import & Export Company (Complant), for the financing and development of its Mengo potash project, in the Republic of Congo. If all goes to...

Mag still hopeful of Sinohydro deal, but starts other talks

Toronto-based MagIndustries remains “optimistic” that a proposed deal with China's Sinohydro Corporation will be completed, but in the meantime has allowed an exclusivity period to expire and is holding talks with other interested parties to...

MagIndustries nears finish line for potash project debt finance

Toronto-based MagIndustries is in the late stages of arranging the debt finance portion for its Kouilou potash project, in the Republic of Congo (ROC), and hopes to finalise terms with its lenders in the next couple of months, CFO Jeff Swinoga...