Sunday, August 23, 2015

Holbrook basin potash valued as one of top 10 projects in North America

A new report on proposed potash projects in North America says 9 of the top ten in value are in Saskatchewan, Canada. The other one is Passport Potash's $1.9 billion project in Arizona's Holbrook basin.

A report by Industrial Info Resources tracked 27 active potash projects in North America, with 17 of those being in Saskatchewan, including 9 of the 10 largest. Passport's planned mine would come in at 9th place.

Passport is seeking additional investors for it's proposed underground mine. The Canadian mines range from being under feasibility studies to seeking investors to being under construction.   Canada dominates world potash production but the deposits are substantially deeper than the Holbrook basin resource.   

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