Mining Weekly reported that an increased potash resource boosted shares of Karnalyte Resources (TSE:KRN).
Articles Tagged "tse:krn"
Financial Post reported that Karnalyte Resources (TSE:KRN) may build the next greenfield potash mine in Saskatchewan.
Karnalyte Resources Inc. (TSE:KRN) announced financial results for second quarter 2011.
Potash has risen from relative obscurity, to one of the most talked about commodities in the global market, thanks to its application as a fertilizer. As the world’s population increases, and the amount of arable land shrinks, the necessity to get the most food production from a finite land base has resulted in a skyrocketing interest, and demand for potash.
Mining Weekly reported that Karnalyte Resources (TSE:KRN) could see as much as 6 million tons/year of potash production in the future.
Karnalyte Resources Inc. (TSE:KRN) announced operational and financial results for first quarter 2011.
Potash is commercially mined through two methods, conventional underground mining and solution mining techniques. Solution mining offers a few advantages compared to conventional underground mining including lower up-front capital cost and a shorter ramp-up time.
Karnalyte Resources Inc. (TSE:KRN) announced the receipt of seven new drilling licenses for potash exploration in Saskatchewan.
Potash and phosphate producers have already been riding the wave of increased grain prices, and have been able to continuously boost prices charged for the crop nutrients. According to the USDA’s reports, this trend has no sign of stopping, at least in the near future.
Reuters reported that Karnalyte Resources (TSE:KRN) sees an increase in potash resources at Wynard, Saskatchewan.