Mining Weekly reported that there is an emerging trend for junior Canadian potash miners in securing financing from India. As quoted in the market report:
Articles Tagged "potash investing"
The Globe and Mail reported that BHP's Jansen mine in Saskatchewan may pose a threat to existing potash producers, because of the sheer size and potential production of the project.
Potash Ridge Corporation (TSX:PRK) announced that it has closed its initial public offering of common shares , raising $20 million in aggregate.
Western Potash Corp. (TSX:WPX) announced that it has secured a long term, economical and reliable source of process water for the Milestone Potash Project through the city of Regina.
Reuters reported that Israeli officials will be meeting with executives from PotashCorp in the next week to decide the fate of the possible 13.5 billion takeover of Israel Chemicals (ICL).
Reuters reported that Russian Potash maker Acron has secured financing for a $1.5 Billion potash project through three banks.
Migao Corporation (TSX:MGO), a China-based leading specialty potash fertilizer producer, announced today that it is feeling the negative impacts of weaker demand for fertilizers in China.
Reuters reported that Prospect Global Resources Inc. will receive $100 Million in financing from private equity firm Apollo Global Management LLC.
PotashCorp's (TSX:POT, NYSE:POT) announced that their earnings for Q3 fell by 21 percent per share, year-over-year, due to falling sales to China and India.
Bloomberg reported that Prospect Global Resources has signed a $2 Billion supply deal with Chinese company, Sichuan Chemical Industry Holding Group, in a bid to secure project financing.