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Potash News Digest
Monday 26 June 2017
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The firm will be world’s largest potash miner and No.2 nitrogen fertilizer producer.

The world’s largest mining company announced that Ken MacKenzie has been elected to succeed Jac Nasser

Agreement is part of plan to double investment in the sector to $25bn in eight years.

The mine, which began operations last month, is expected to produce 600,000 to 700,000 tonnes of potash this year and 2 million tonnes per year once at full capacity.

Timeline-wise, the world's largest miner expects to achieve that goal in about 50 years.

Today, K+S Potash Canada (KSPC) is pleased to accept their first domestic rail cars built by National Steel Car (NSC) in Hamilton, Ontario, the same manufacturer that produced the company’s international fleet last fall.

According to the Thunder Bay Port Authority, 134,000 tonnes of potash crossed its docks into ships en route to ports in Brazil and Europe.

Gensource Potash’s feasibility study (FS) was largely in line with its preliminary economic assessments (PEA), validating the robust economics of Vanguard 1.

TIC Potash Corp. is pleased to announce a non-brokered offering of up to 20,000,000 units of the Company at a price of $0.05 per Unit for aggregate gross proceeds of up to $1,000,000.

K+S Potash Canada (KSPC) has committed over $2.8 million in funding for wetland conservation through an agreement with Ducks Unlimited Canada (DUC) to ensure wetlands affected by the Bethune mine are offset through the restoration and preservation of wetlands across Saskatchewan.

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