Potash Company News Directory

Allana Potash Enters into Arrangement Agreement with ICL

Allana Potash Corp. (TSX:AAA) announced that it has entered into a definitive arrangement agreement with Israel Chemicals Ltd. (NYSE:ICL) that will see ICL acquire, through an indirect wholly owned subsidiary, all of its outstanding common shares.The agreement provides that Allana shareholders will be entitled to received $0.50 in cash for each common share exchanged.

South Boulder Mines Completes Colluli Project Technical Assessment, Confirms Feasibility of Process Design

South Boulder Mines (ASX:STB) has completed the technical review of staged deliverables of the pre-feasibility study process design, process design criteria, metallurgical testwork, plant configuration, and process equipment list for the Colluli Project in Eritrea, East Africa. The team concluded that the process design is "functional, feasible, uses well proven processes and technologies, and is underpinned by testwork that confirms the validity of the process flow diagrams."

Potash West Managing Director Patrick McManus Talks Potash in Australia and Germany

Potash West (OTC:PWNNY,ASX:PWN) Managing Director, Patrick McManus, provided an update on the Dandaragan Trough Project in Western Australia and potash projects in Germany: "the feasibility on the Dinner Hill Project within the Dandaragan Trough is progressing; we should be announcing an updated resource on that within the next two to three months. In addition to that, the German project, specifically the Küllstedt project area has a large amount of drilling on it in the last several decades - we are currently reviewing that and we expect to be announcing an update of that drilling work within the next month."

Uralkali to Invest $4.5bn over Next 5 Years

Mineweb reported that Russia’s Uralkali (LSE:URALL) will invest $4.5 billion over the next five years to raise production capacity by thirty percent, to remain the world’s largest potash company.