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Quebec Government Invests $2 Million in Arianne Phosphate’s Lac à Paul Project

Quebec Government Invests $2 Million in Arianne Phosphate’s Lac à Paul Project

Arianne Phosphate (TSXV:DAN,FWB,JE9N,OTCBB:DRRSF) announced that, as part of its $8 million financing financing that was previously announced on July 31 2014, Investissement Québec has invested $2 million in Arianne's Lac à Paul Phosphate Project. The investment is expected to close in coming days.

DuSolo to Acquire Remaining 25 Percent of Bomfim Project

DuSolo Fertilizers Inc. (TSXV:DSF) announced that it has entered into a purchase agreement with Quantum Fertilizantes Do Tocantins Ltda. under which it will acquire the remaining 25 percent of the Bomfim project.

Odyssey Marine Files EIA for Don Diego Deposit

Odyssey Marine Exploration Inc. (NASDAQ:OMEX) announced that it has filed with Mexico's Secretary of Environment and Natural Resources an Environmental Impact Assessment (EIA) for the proposed dredging and recovery of phosphate sands from the Don Diego deposit.

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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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