North American potash inventories rise in May
North American potash inventories at the producer level rose last month, according to the latest data from Potash Corp (POT.TO), the world’s largest producer of the crop nutrient.
Archive for June, 2010
Allana Potash Confirms Shallow Potash Mineralization and Releases Drill Results
Allana Potash Corp. (TSX VENTURE:AAA) announced confirmation of shallow potash mineralization on its Ethiopian Potash Project.
Kerimov buys 25 pct Uralkali stake
Russian investor Suleiman Kerimov has acquired a 25 percent stake in Russian potash miner Uralkali (URKAq.L) in a deal seen to ease political risks around the company.
Belarus parliament okays Belaruskali privatisation
On Thursday, the parliament of Belarus voted to lift restrictions on privatisation of Belaruskali, one of the world’s top producers of potash.
MBAC Fertilizer Corp. Announces Recent Drilling Results for the Itafos Phosphate Project
MBAC Fertilizer Corp. (TSX: MBC) reported on recent drilling at its wholly-owned Arraias-Campos Belos Phosphate Project. This recent drilling is subsequent to the drill results in the mineral resource estimate issued on May 17, 2010.
Orocobre Receives Conditional Approval for TSX Listing and Satisfies Escrow Release Conditions for Subscription Receipts
Orocobre Limited (ASX:ORE) announced that the Toronto Stock Exchange (TSX) has conditionally approved the Company’s ordinary shares for listing on the TSX. Orocobre shares will trade under the TSX symbol ‘ORL’.
Allana Potash Clarifies Earlier Press Release
Allana Potash Corp. reports its clarification on its news release dated June 9th, 2010. In addition, Allana wishes to clarify the timing of the issuance of laboratory analyses for holes DK-10-01 and DK-10-02. The results of the analyses of DK-10-01 and DK-10-02 will be released as soon as the evaluations are completed which should be within a [...]
Amazon Appoints Mauricio Sampaio as Vice President of Operations
Amazon Mining Holding Plc (TSX VENTURE:AMZ) announced the appointment of Mr. Maurício Sampaio as Vice President of Operations.
Optimism Reigns over Potash
Potash has attracted a lot of attention from analysts since the nutrient rose from relative obscurity, worth around $150 per tonne, to a hot commodity that rapidly rose to hit $1000 per tonne. As the price of the crop nutrient skyrocketed, some bold investors profited handsomely.
Allana Potash Announces 10,000 Metre Expansion of Drill Program in Ethiopia and Provides Drilling Update
Allana Potash Corp. (TSX VENTURE:AAA)announced that it has engaged Meridian Drilling Ltd. to complete an additional 10,000 metres of core drilling at its Ethiopian Potash Project in the Danakhil Depression.
