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Potash Ridge Signs MOU with Tetra Tech for Development of Blawn Mountain

Potash Ridge Signs MOU with Tetra Tech for Development of Blawn Mountain

Potash Ridge Corporation (TSX:PRK,OTCQX:POTRF) has entered into a memorandum of understanding with Tetra Tech Inc. for a long term strategic relationship regarding the Blawn Mountain Project. Under the terms of the memorandum, Tetra Tech will perform a feasibility study for Blawn Mountain and will commence the study later in 2014 subject to raising additional financing.

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Market News

“Outlook Has Rarely Been Brighter for Agriculture Companies” Says Globe Advisor

In an article from Globe Advisor, Globe Investor's in-house market strategist Scott Barlow suggested that although there is some caution required in the short term, the "outlook has rarely been brighter" for companies in the agricultural sector. He writes that long term trends point to sizeable opportunities in agriculture and related industries such as seed technology, water treatment, fertilizers and more.

South Sudan Conflict Could Result in Famine

The Guardian reported that continued conflicts in South Sudan are preventing the delivery of vital supplies which has set the country on the path towards a "hunger catastrophe."

Potash Juniors Beat Odd in Brazil and Ethiopia

Reuters reported that despite the slowdown in the potash market over the last eight months, two junior potash companies have managed to shake off the bearish sentiment of the industry, bolstered by their proximity to two of the world's most promising, but under-served fertilizer markets: Brazil and Africa.

Eyes on Morocco’s Phosphate Industry

ABC Rural reported that phosphate industry players should keep their eyes on Morocco as it appears that the country's Government will make a move to increase its stake in global phosphate production, which could in turn threaten Australia's supply.

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