Wall Street slips, May 2–6
U.S. indexes continued in negative territory amid lower oil prices and a weak jobs report. The Dow Jones Industrial Average slipped nearly 0.2% to 17,740.63, while the S&P 500 Index…
Potash
Lithium Americas finds a partner in Chilean giant SQM
Lithium Americas (TSX: LAC) has taken a big stride in securing the technical backing to advance its Cauchari-Olaroz lithium brine deposit in northwestern Argentina, as lithium fundamentals improve. The Vancouver-based junior…
[Update] PotashCorp aims to regain market influence with K+S bid
VANCOUVER — Canadian giant Potash Corp. of Saskatchewan (TSX: POT; NYSE: POT) is considering a mega deal for Germany’s K+S Aktiengesellschaft that could materially change the landscape in the fertilizer business….
PotashCorp aims to regain market influence with K+S bid
VANCOUVER — Canadian giant Potash Corp. of Saskatchewan (TSX: POT; NYSE: POT) is considering a mega deal for Germany’s K+S Aktiengesellschaft that could materially change the landscape in the fertilizer…
Verde Potash scores major funding from Brazilian government
VANCOUVER — It has been just over five years since Verde Potash (TSX: NPK; US-OTC: AMHPF) staked its Cerrado Verde potash project in western Minas Gerais, Brazil, with the goal of meeting the country’s growing fertilizer demand. And…
Allana adds major potash tonnage at Danakil
VANCOUVER — Just four months after releasing a feasibility study on its wholly-owned Dallol potash asset in Ethiopia’s northeastern Danakil Depression, Toronto-based junior Allana Potash (AAA-T) has followed up with a new resource…
Allana closes in on Ethiopian potash development
VANCOUVER — Toronto-based junior Allana Potash (AAA-T) sees 2013 as a pivotal year for its wholly owned Dallol potash project in Ethiopia’s northeastern Danakil Depression, and since filing its last mining application in late April,…
Karnalyte scores foreign investment for Wynyard
VANCOUVER — Alberta-based Karnalyte Resources (KRN-T) received a financial boost in its drive to develop its wholly-owned Wynyard potash project — located outside the township of Wynyard, Saskatchewan — when India’s…
Forecast a bit cloudier for major potash developers
VANCOUVER — Rising costs and inconsistent downstream demand have taken a toll on potash and fertilizer producers during the first half of 2012, with volatile global markets now impacting the strategies of several mega miners in…
Allana pumps up potash resources at Dallol
VANCOUVER — Toronto-based explorer Allana Potash (AAA-T) took a step closer to releasing a bankable feasibility study on its Ethiopia-based Dallol potash project when it released an updated resource estimate to kick-off May.