Talon Metals Corp., declared that it has concluded an agreement with Kmine Holdings Ltd., a private company, to acquire a 100% interest in Bancor Mineracao Ltda., a Brazilian subsidiary of Kmine. Bancor has eight potash project areas in the Sergipe and Alagoas States of Brazil comprising a total of 36,402 hectares for which it holds [...]
By Leia Michele Toovey- Exclusive to Potash Investing News Rumours of BHP Billiton’s interest in acquiring a major potash company just won’t go away, as JP Morgan picked up on the theme on Tuesday. Speculation mounted that the world’s largest miner was preparing for a large acquisition after the company raised more than US $6 billion [...]
According to the latest data form the Fertilizer Institute, potash inventories at North American producers are 42 per cent higher than the previous five-year average. North American potash shipments in the month of February were down 80 per cent from the same month period a year earlier. This data has prompted Potash Corp of Saskatchewan [...]
Cantex Mine Development Corp. informed that Vale International SA has signed a letter agreement for the Company’s Suwar, Wadi Qutabah projects in Yemen. For full story, click here
MagMinerals Potash Corp, a subsidiary of MagIndustries said that it has updated a group of international lenders with respect to its planned Kouilou Potash mining and processing plant in the Republic of Congo. For full story, click here For company’s website, click here
Wednesday, May 27, 2009