Pacific Potash Faces Brazil Project Shutdown

Pacific Potash Faces Brazil Project Shutdown

After a tax payment destined for the Department of Mineral Production failed to arrive in Brazil for "unknown reasons," Pacific Potash could lose its Amazonas property.

Potash in Germany: An Overview

Germany has a long history of potash production and is home to some major producers.

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Company News

Highfield Resources Signs MOU With Port Authority for Exports From Muga

Highfield Resources (ASX:HFR) has signed a memorandum of understanding with the Port Authority of Pasajes regarding port capacity for production from Highfield's Muga project. The non-binding agreement confirms the availability of significant port capacity.

DuSolo Fertilizers Signs Purchase Agreement for Natural Fertilizer Facility

DuSolo Fertilizers (TSX-V:DSF) announced it has entered into a deal with the company acquiring a 100 percent ownership in the Direct Application Natural Fertilizer facility for CDN $173,936. The facility is currently under lease and in operation at the Bomfim project. The company has also acquired three additional hammer mills as it plans to increase production capacity.

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Market News

Minnesota Using Potash to Eradicate Zebra Mussels

ABC News reported that the Minnesota Department of Natural Resources is using potash for the first time to kill the zebra and quagga mussels. To achieve this, the department will inject liquid potash under the ice of Christmas Lake.

Shares of North American Potash Companies Up Sharply

Bloomberg reported that North American potash producers saw a sharp increase in value of their shares after one of Uralkali OAO’s (MCX:URKA) mines ceased production due to hazardous conditions.

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