Prairie Snapshot: Eight companies with potential in the heart of Canada
The Canadian Prairies may soon be known as much for their diverse mineral wealth including uranium, nickel, copper and zinc, as for their potash endowment…
Karnalyte Resources Inc
TSX falls, Oct. 3-7
Canada’s benchmark index fell ahead of the Thanksgiving long weekend, dropping 1.08% to 14,566.26, despite positive jobs data. The S&P/TSX Global Mining Index slumped 5.5%…
TSX posts slight increase, Aug. 1-5
Disappointing employment numbers and a widening trade gap kept Canada’s benchmark index relatively flat at 14,648.77, up just 0.5% from the previous trading week. Statistics…
Canada’s benchmark index dips slightly, March 14-18
The U.S. Federal Reserve kept interest rates on hold, spot gold rose to US$1,255 per oz. (up US$4.90) and the April contract for North American…
Shareholder activism is the ‘new normal,’ Kingsdale report says
VANCOUVER — There’s been a rising tide of proxy contest activity in Canadian markets since 2008, and advisory firm Kingsdale Shareholder Services is cautioning companies that higher shareholder activism represents a “new…
Toronto stocks end mixed, Sept. 28-Oct. 2
The S&P/TSX Composite Index had a turbulent week, falling 0.3% to 13,339.74, despite cutting some of its earlier losses, after positive Canadian data. The country’s gross domestic product number for July came in at 0.3%, after two…
Russian-Belarusian potash dispute grows with arrests, oil supply cuts
VANCOUVER – Belarus’ move to arrest the head of Russian potash major Uralkali (LSE: USKA) on suspicion of corruption and abuse of power erased all hope that the latest spat between Belarus and Russia would fade away and allow…
Western gets $32M for Milestone from Chinese firms
Western Potash (WPX-T) has lined up $32 million to develop its Milestone potash deposit in Saskatchewan, giving it some breathing room to secure more funds to advance its $3.3-billion project.
Karnalyte snags $300 million
The last six months have been very kind to Karnalyte Resources (KRN-T) and its massive Wynyard carnallite potash project in Saskatchewan.
Karnalyte lands Indian investor for Wynyard potash
Karnalyte Resources (KRN-T) is getting a much-needed financial boost in its drive to develop its wholly owned Wynyard potash project located outside the township of Wynyard, Sask. India’s publicly traded Gujarat State Fertilizers &…
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…
Potash a hot commodity on the Canadian prairies
With the world’s population marching upward, and the U.S. Department of Agriculture estimating this year we’ll see the largest U.S. corn crop in 75 years, it may be no surprise that potash exploration and project development…