Potash

Shares in German potash miner K+S fell up to 11% on Friday last week following a company announcement that its full-year earnings would fall short of analyst expectations.

Clint McGhie has been appointed as Chief Financial Officer and Company Secretary by Salt Lake Potash.

According to the memorandum a new type of potash fertilizer will be supplied to the Chinese market during a five-year period form 2019 to 2023.

The company has changed its name to SOPerior Fertilizer Corp.

Gensource Potash Corp. has announced that it has received the Ministerial determination of ‘not a development’ from the Saskatchewan Ministry of Environment for the Vanguard One project.

Emmerson Plc has received confirmation from the Moroccan mining authorities that it has been granted 15 additional research permits adjoining its 100% owned Khemisset Potash Project in Northern Morocco.

Nutrien Ltd has released its results for 2Q18, reporting net earnings from continuing operations of $741 million ($1.17 earnings per share) and EBITDA of $1.5 billion.

Encanto Potash Corp. and the Muskowekwan First Nation have announced that they have engaged Golder Associates Ltd as a vital part of the next step in developing a major potash mine in Saskatchewan.

According to Reuters, Nutrien has reported a better-than-expected profit, caused by higher prices for both potash and nitrogen fertilizers.

Kore Potash plc has released a statement providing a quarterly update for the period ending 30 June 2018.

Danakali Ltd has released a quarterly update on the activities and financial position of the company and its Colluli Potash Project, located in Eritrea, East Africa.

Salt Lake Potash Ltd has released a statement providing a quarterly report for the period ending 30 June 2018.

Crystal Peak Minerals Inc. has announced that Doug Hoadley, the former Head of Nitrogen at CRU and previous Director of Agribusiness Analysis at CF Industries, has joined the company as its contract Director of Marketing.

China’s SDIC will buy Canadian company Nutrien’s 28% stake in Arab Potash Co. for US$502 million.

Western Resources Corp. has announced that its wholly owned subsidiary, Western Potash Corp., has successfully developed a groundwater supply source for the company’s proposed Milestone Phase I Potash Project.