A Vancouver native, Charlotte recently graduated from Simon Fraser University, where she majored in English and Humanities. During her time there, SFU’s Writing and Communications program caught her attention, and she began working towards a Certificate in Editing. After completing an editorial internship at Vancouver’s Western Living magazine in the fall of 2010, she knew that she wanted to pursue editing further.
Charlotte is excited to have joined the Investing News Network as an editorial assistant, and looks forward to gaining more knowledge about the commodities sector. She plans to complete her certificate in the spring of 2013.
Arianne Resources filed on SEDAR a new mineral resource estimate for the Paul zone of its Lac a Paul project. It shows that the area contains measured and indicated resources of 590.24 million metric tons grading 7.13-percent P2O5.
Bloomberg reported that Vale SA (NYSE:VALE) has been denied the $2-billion tax break that it requested from the Argentinian government after costs for its Rio Colorado potash project rose to unanticipated levels.
Allana Potash Corp. (TSX:AAA,OTCQX:ALLRF) announced that the feasibility study for its Ethiopia-based Danakhil potash project has returned positive results, including an after-tax net present value of US$1.32 billion.
Potash Ridge Corp. (TSX:PRK) announced that it raised $20 million after successfully closing the initial public offering (IPO) of its common shares. Most of the money raised will go towards developing the company’s Utah-based Blawn Mountain sulphate of potash project. The company also entered a private placement with Sprott Resource Partnership.
Stonegate Agricom Ltd. (TSX:ST) announced that revisions of its mineral resource estimates for the lower and upper phosphate zones of its Idaho-based Paris Hills phosphate project include a 33.6 percent increase in measured and indicated mineral resources in the lower zone.
Reuters reported that Ethiopia has signed deals with China and Turkey to build a railway that will connect Ethiopia to the Tadjourah port in Djibouti. The railway will facilitate potash exportation from Ethiopia, where companies including Allana Potash Corp. (TSX:AAA,TSXV:AAA) are developing mines.