Tag Archive | "MagIndustries"

MagIndustries:Approval for Mengo Potash Plant Construction

Monday, February 22, 2010

MagIndustries Corp. (TSX:MAA) reported that the company has received final approval of its Environmental and Social Impact Assessment study for the construction of its Mengo potash project from the Ministry of Sustainable Development, Forest Economy and Environment of the Republic of Congo. The press release is quoted as saying: On February 18, 2010, Minister Henri [...]

MagIndustries Corp’s update

Thursday, January 7, 2010

MagIndustries Corp. (TSX:MAA)provide update of the company’s activities. The press release is quoted as saying: In 2009 MagIndustries focused the majority of its corporate and technical activities advancing its wholly owned division MagMinerals Potash Corp. (“MagMinerals”) that now includes a portfolio of potash projects which are all located near the Atlantic port city of Pointe-Noire, [...]

MagIndustries Update

Monday, November 30, 2009

MagIndustries Corp. (TSX:MAA)announced that Sinohydro Corporation Limited, the counterparty to the Memorandum of Understanding signed and disclosed on June 12, 2009, is continuing with its internal decision process with respect to the investment proposal under the Memorandum. The press release is quoted as saying: The Company will evaluate any resulting investment proposals with a view [...]

MagIndustries declared that it will issue 62.2 mln shares

Friday, June 5, 2009

Potash company MagIndustries Corp. declared that it will issue 62.2 million shares to surge about $26.1 million in a stock issue to Canadian investors. For full story, click here

Magindustries declared issue of 62.2 mln shares in $26.1 mln

Wednesday, June 3, 2009

Potash company MagIndustries Corp. declared that it will issue 62.2 million shares to raise about $26.1 million in a stock issue to Canadian investors. For full story, click here

MagIndustries Kouliou Potash Project Financing Revealed Updates

Monday, May 11, 2009

MagIndustries Corp., together with its financial advisor BNP Paribas, that substantial progress has been achieved with a group of international project finance institutions for debt financing of its Kouilou Potash Project located in the Republic of Congo. Bill Burton, President and Chief Executive Officer of MagIndustries, stated: Mag is pleased with the progress it believes [...]

MagIndustries is nearing finish line for potash project debt finance

Monday, April 20, 2009

Toronto-based MagIndustries is in the late stages of arranging the debt finance portion for its Kouilou potash project, in the Republic of Congo, and hopes to finalise terms with its lenders in the next couple of months, CFO. For full story, click here

MagIndustries’ Potash subsidiary signs gas deal with ENI

Monday, March 30, 2009

MagIndustries Corp. declared that its Republic of Congo subsidiary, MagMinerals Potasses Congo S.A., has signed a gas supply deal with Eni Congo S.A., a subsidiary of global oil major Eni S.p.A. of Italy, for the supply of gas to MagPotasses’ Kouilou potash project. For full story, click here

Will the demand last?

Friday, September 19, 2008

By Daniella D’Alimonte – Exclusive to Potash Investing News The Potash Corporation of Saskatchewan (TSX: POT) has been fairly unpredictable for the past two weeks. It has ranged anywhere between US$164.80 to US$143.40 per share. Closing on the weekend, it seems to be on its way back up. The company believes it is heading into a [...]

Potash still a contender

Thursday, August 28, 2008

By Daniella D’Alimonte With continued high prices, inventory drops and ongoing demand from emerging global markets, despite the speculations of a slowdown in that sense, potash remains a market contender. For the last few days as Europe’s stocks have been on a downward slide, companies involved in fertilizer and potash haven’t seemed to noticed. K+S [...]

Potash Investing Newsletter

Get our exclusive independent commentary on potash delivered to your inbox.

Asides

Information