ProEdgeWire Intel

Utah potash project on the way; Brazil’s big wind plans: Goldman backs Japanese green energy

Pulse_Proof-02
Goldman Sachs sees potash as the commodity for the next decade. In its latest report, Evolution of the super cycle: what’s changed and what may, Goldman places potash among the top 10 future themes in commodities. They say what we’ve been saying since Potashblog.com — one of the forerunners of ProEdgeWire — was started. As the Goldman analysts put it, “growing population, an increasing middle class and decreasing arable land, all lend themselves o increasing demand for potash”. That's it. In a nutshell. They equate potash with iron ore: like iron…

The Pulse: Potash to pick up; Setback for Brazil project: Will some countries “die”?

Pulse_Final
On the back of news from Potash Corp of Saskatchewan that spot potash prices have gained up to $70/tonne in recent weeks, with deals in Southeast Asia being done at $470/tonne, comes a bank report that sees shipments of the fertilizer feedstock on the recovery track. Analyst Patricia Mohr at Toronto-based Scotiabank notes that spot prices were largely flat in April at around $405/tonne (against $452.50 last December) but look like picking up soon. Yet April, according to some press reports, saw Canada’s biggest monthly potash export volume since the 1990s.…

Potash sector undervalued but a price Rebound is around the Corner

agriculture
Potash and Phosphate Week in Review: The ProEdgeWire potash and phosphate index for the week ending on May 10 improved considerably in comparison to the past few weeks but still registered an average loss, albeit a minor one at -0.53%. There were no stellar performances or abysmal losses, but only one Company stood out for gains, Potash Minerals (‘Potmin’, ASX: POK), which continues to benefit from its late April announcement that the US Federal Bureau of Land Management (BLM) has granted it permission to drill in federal land at the Company's Hatch…

Rumors of a Mosaic Takeover could prompt a Potash Rebound

imagesCAJDDAKA
Rumors of Mosaic Potash (NYSE: MOS) becoming a takeover target and an upward swing in prices of commodities could prompt a renewed interest in the potash sector and potash prices. Moreover, other factors such as potash inventory levels in North America suggest potash demand will be rising. The interest in Minnesota based Mosaic has been sparked by the expiry of restrictions, on May 26, for shares held by charities associated with Cargill, the agro-industrial giant that spun off Mosaic two years ago. This will allow all of Mosaic’s shares, estimated to…

The Pulse: Ripples in potash sector; Turkey will need uranium; Japan’s offshore wind push

The-Pulse-Robin-Bromby
Potash is the news with two developments  — a new controversy over Saskatchewan potash policy and India slicing its subsidies (again). Clearly, it may not be all plain sailing for the potash producers in the near future with London brokers Whitman Howard predicting subdued Indian demand and prices possibly going lower than the $400/tonne recently negotiated with Indian and Chinese customers. As of April 1, the Indian government cut its potash and phosphate subsidies. The hardest hit is muriate of potash, the dominant form imported by India; those subsidies have been…

Cartel ‘games’ keep Potash Prices undervalued while Demand grows

Potash-Phosphate-Month-in-Review1-300x210
Potash and Phosphate Month-in-Review: The ProEdgeWire potash index dropped an average 15.44% over the month of April 2013. Allana Potash (TSXV: AAA | OTCQX: ALLRF) dropped 9.57% in Toronto and 10.70% at the OTCQX for the month; however, it was starting to rise last week thanks to a boost from a better than expected Potash Corp Q1 results. Allana Potash has been proceeding toward production having filed the final mining application and feasibility with the Ministry of Mines for its Dallol potash project. Allana expects to complete all regulatory requirements before the…

The Pulse: The most expensive critical metal?; Japan REE recycling effort; An unlikely nuclear champion; U.S. potash flashback

The-Pulse-Robin-Bromby
How about a metal product that commands up to $396,000 a tonne? That’s the top of the range for high-purity alumina (HPA). About 7,500 tonnes is produced globally each year. Even at the bottom of the range the price is impressive at $141,000 a tonne. As explained by one of the hopeful new entrants, Australian Minerals & Mining Group (ASX:AKA), HPA is widely used in filters for magnetic media to boost thermal conductivity, in composite resins and ceramic parts and substrates used in electronic components and semi-conductor manufacturing equipment. Demand is…

Potash Corp beats the ‘Street’ and POK receives Federal Approval in Utah

Potash-sign
Potash and Phosphate Week in Review: The ProEdgeWire Potash and Phosphate index bounced back last week, ending at an average 6.16% increase. This is especially significant in view of a rather unremarkable performance of potash companies in the past few weeks. The sector needed a boost of confidence in the midst of a generally weak commodities market. The boost arrived from Potash Corp (‘POT”, NYSE: POT) which announced a very strong first quarter earnings report. The potash market experienced an intense second half of 2012 as a long phase of negotiations…

Potash Corp beats Q1 Expectations but gives up on bid for Israel Chemicals

ProEdgeWire-China-is-changing-the-Rules-in-the-Potash-Markets1-300x194
Potash Corp (NYSE: POT) has announced its first quarter results, beating expectations, reflecting rather bullish prospects for the potash market in 2013. Potash Corp increased its profits significantly and remains confident for the rest of the year's prospects. The Saskatoon based Company showed a first quarter profit of USD$ 556 million, which represents a 13% increase from Q1 2012. Significantly, the results suggest increased potash sales, almost doubling from 1.2 million tons to 2.2 million tons, even if at a lower average price (from USD$435 to USD$ 363/ton). Potash Corp’s results…

The Pulse: Phosphate takeover time; RE stock snapshot; New potash play; Chinese expert: gold is being rigged

Pulse_Final
It’s phosphate takeover time for Australian players. First, Oman-owned Mawarid Mining has almost certainly grasped a marine phosphate project off the coast of Namibia. Second, a Canadian gold miner has entered the race for a phosphate project in the centre of Australia. The Sandpiper phosphate project, 12km southwest of Walvis Bay, Namibia, has had a contentious history. It was jointly owned by two Australian companies, UCL Resources (ASX:UCL) and Minemakers (MAK), the latter also owning the huge Wonarah phosphate deposit in Australia’s Northern Territory. There was a long drawn-out battle as…

Magna and POK closer to BLM decision while Allana applies for final Mining License

ProEdgeWire-Potash-Phosphate-Week-in-Review
Potash and Phosphate Week in Review: It has been a difficult climate for commodities lately and last week’s headline dominating collapse in gold prices added an accent to the negative sentiment. The next few weeks could possibly see more nervous market activity. Nevertheless, while the overall commodities trend has tried to drag potash as well, the sector has plenty of resilience left. The first consideration is that the collapse of gold was a ‘correction’ rather than a reflection of the markets. The slowdown of economic growth in China and the continued…
Potash & Phosphate sponsors
Potash & Phosphate sponsors
potash-phosphate
Comments & Debate
potash-phosphate
News & Media

BHP’s expansion projects put in doubt

May 23, 2013 (Source: The Australian) -- Fresh doubt has been cast over BHP Billiton proceeding with the last remaining mineral expansion projects in its pipeline -- the $US12 billion ($12.44bn) Jansen potash project in Canada and the unpriced development of a life-extending mega-pit at the Cannington silver and base metals mine near McKinlay in northwest Queensland. Doubts about a…

Vulcan Minerals Inc: Finances Red Moon Potash Inc.

May 22, 2013 -- St. Johns's, Newfoundland & Labrador (Source: Marketwired) -- Vulcan Minerals Inc. ("the Company" - "Vulcan") (TSX VENTURE:VUL) announces that it proposes to carry out a $250,000 non-brokered private placement (the "Offering") in Red Moon Potash Inc. ("Red Moon") for 2,500,000 units (the "Units"). The Units will cost $0.10 and will consist of one common share and one-half…

Red Moon Potash Inc: Private Placement

May 22, 2013 -- ST. JOHN'S, NEWFOUNDLAND AND LABRADOR (Source: Marketwired) -- Red Moon Potash Inc. ("the Company" - "Red Moon") (TSX VENTURE:RMK) announces that it proposes to carry out a non-brokered private placement (the "Offering") for proceeds of $250,000 with Vulcan Minerals Inc., a related party. Under the terms of the Offering, 2,500,000 units (the "Units") will be offered at…

Allana Potash Announces Approval of Its Environmental, Social and Health Impact Assessment by Ethiopian Ministry of Mines

May 22, 2013 --Toronto, Ontario-- (Source: Marketwired) -- Allana Potash Corp. (TSX:AAA)(OTCQX:ALLRF) ("Allana" or the "Company") is pleased to announce that the Company has received approval of its Environmental, Social, and Health Impact Assessment ("ESHIA") from the Ethiopian Environmental Protection Authority ("EPA") and Ministry of Mines and Energy (the "Ministry"). The approval of the ESHIA, prepared by Environmental Resources Management ("ERM"), is…

IC Potash Issues Progress Update on Ochoa Sulphate of Potash Project in New Mexico

May 22, 2013 --TORONTO -- (Source: Marketwired) -- IC Potash Corp. ("ICP" or the "Company") (TSX:ICP) (OTCQX: ICPTF) today issued a corporate update relating to advancement of its Ochoa Sulphate of Potash ("SOP") Project in Lea County, New Mexico. Sidney Himmel, ICP President and CEO, stated, "IC Potash has made tremendous progress on several mission-critical fronts, reaffirming our confidence that the Ochoa Project Feasibility Study…

Arianne Resources Gives Effect to its Strategy of Focusing its Efforts on the Lac à Paul Project; Sells Off Two of its Properties

May 22, 2013 SAGUENAY, QUEBEC -- (Source: Marketwired) -- Arianne Resources Inc. ("Arianne" or the "Company") (TSX VENTURE:DAN)(FRANKFURT:JE9N)(OTCBB:DRRSF) would like to announce the sale of its Brouillan Ouest and Héva properties to Exploration NQ Inc. (TSX VENTURE:NQE) and Midland Exploration Inc. (TSX VENTURE:MD) respectively. Both of these decisions give effect to Arianne's strategy of focusing its efforts on developing its open-pit phosphate mine…

Focus and Stonegate Enter Into Letter of Intent for Focus to Acquire a 70% Interest in Stonegate’s Mantaro Phosphate Deposit in Peru

May 21, 2013 -- (Source: Marketwired) -- Focus Ventures Ltd. (TSX VENTURE:FCV) ("Focus") and Stonegate Agricom Ltd. (TSX:ST) ("Stonegate") are pleased to announce that they have signed a Letter of Intent pursuant to which Focus has the right to acquire, subject to successful due diligence, a 70% interest in the Mantaro phosphate deposit, located 250 km east of Lima in…

Potash Ridge Commences Pilot Scale Test Work for Its Blawn Mountain Project

May 21, 2013 -- TORONTO, ONTARIO (Source: Marketwired) -- Potash Ridge Corporation ("Potash Ridge" or the "Corporation") (TSX:PRK)(OTCQX:POTRF) today announced that it has commenced pilot scale test work for its Blawn Mountain Project. The primary objectives of the pilot scale test work are to confirm the results of historic pilot plant testing, confirm the results of current bench scale testing…

Arianne Phosphate: Pilot-Scale Metallurgical Test Confirms 39% P2O5 Product with 90% Recovery

May 21, 2013 -- (Source: Marketwired) -- The management of Arianne Phosphate ("Arianne" or the "Company") (TSX VENTURE:DAN)(FRANKFURT:JE9N)(OTCBB:DRRSF) is very pleased to announce that pilot-scale testing of Lac à Paul phosphate ore has now confirmed the commercial scale-ability of column flotation in achieving 39% P2O5 concentrate with a recovery rate of 90%. With completion of its Validation of Apatite Flowsheet Using Column Flotation…

Belarusian Potash Company to step up influence on global market

Minsk, Belarus (Source: Belarusian Telegraph Agency) -- Joint actions on the potash fertilizers market and prospects of cooperation were discussed at the meeting of President of Belarus Alexander Lukashenko and Suleyman Kerimov, a member of the upper chamber of the Russian parliament, a shareholder of OAO Uralkali, on 20 May, the press service of the Belarusian head of state told…

York Potash Project approvals update

May 20, 2013 -- (Source: Sirius minerals) -- York Potash Project approvals update Objections received from the Environment Agency and Natural England.  Sirius is confident that these are most appropriately dealt with via conditions to an approval for the York Potash Project Additional submissions made to the Ministry of Defence with meetings to take place this week to resolve any…

Saudi Maaden’s plant maintenance to hit second quarter results

May 20, 2013 -- (Source: MENAFN - Arab News) -- Maaden Phosphate Co. (MPC) has restarted its diammonium phosphate plant (DAP) in Saudi Arabia after repairing the ammonia plant that feeds it, Maaden has announced according to Tadawul website. "But the shutdown will negatively impact profits," the company said on Sunday. Maaden in its announcement attributed certain technical difficulties during…

Red Moon Potash Inc.-Potash Drilling Program in Western Newfoundland

May 16, 2013 -- (Source: Marketwired) -- Red Moon Potash Inc. ("the Company" - "Red Moon") (TSX VENTURE:RMK) is pleased to announce that it has received the necessary exploration approval to proceed with a drilling program on its Bay St. George potash project. The Company will drill two holes designed to step out 500 metres southwest and 1000 metres northeast from…
empty
empty
Lead Sponsors
Video
ProEdgeWire Video
Something else
Cancel
REE World login
ProEdge Media
Copyright © 2012 ProEdge Media Corp. All rights reserved.

ProEdge Media Corp. text, photos, graphics and logos shall not be used for commercial purposes, reproduced, published, broadcast, rewritten for broadcast or publication or redistributed directly or indirectly in any medium. ProEdge Media Corp. shall not be held liable for any delays, inaccuracies, errors or omissions in any ProEdge Media Corp. original content, or for any actions taken in consequence. ProEdge Media Corp. materials may not be stored in whole or in part in a computer except for personal non-commercial use. As a newswire service ProEdge Media Corp. does not obtain release from the subjects, individuals, groups or entities contained in its photographs, graphics or quoted in its text. Further, no clearance is obtained from the owners of any trademarks or copyrighted material where the marks and material are included in ProEdge Media Corp. photos or content. You shall be solely responsible for obtaining any and all the necessary releases from whatever individual or entity is necessary for any of your uses of ProEdge Media Corp. material. You agree to indemnify ProEdge Media Corp. from any losses, damages and expenses (including reasonable attorney fees) it incurs as a result of any claim based on your use of its materials in violation of these terms.

Disclaimer: ProEdge Media Corp., owners and operators of the ProEdgeWire and affiliated sites, has established the following rules to ensure that there is no appearance of impropriety on the part of any ProEdge Editorial writers. The content of ProEdge Editorial articles are the opinion of the Writer and any reliance on the content of these articles is at your sole risk. Our Writers are not registered investment advisors. You should not make any kind of investment decision in relation to Articles or stocks discussed in them without obtaining advice from a registered investment advisor.

Facts relied upon by our Writers are generally provided by the subject companies or gathered by our Writers from other public and/or private sources. These facts may be in error and if so, the opinions of our Writers may be materially different. Often times ProEdge writers will utilize advertorial companies as content sources. This is because we represent many of the leading companies in various sectors covered in our sites. Our advertisers are publicly disclosed at all times and listed in alphabetical order on the right column of each affiliated section.

If you have any questions or concerns, please contact us directly at (416) 581-0177 or email us at Publisher@ProEdgeMedia.com

exit
REE Leaders Index
REE Leaders Index
 (Bloomberg Ticker: REEL)
REE Leaders Index