Articles Tagged "potash company news"

GB Minerals Receives Advances Totaling $750,000

Potash – GB Minerals (TSXV:GB) announced that it has received advances from Aterra Investments and Alpha Infrastructure for a combined total of $750,000. According to the company, it intends to repay the advances through other financings and will use the proceeds of the advances for expenses and development of the Farim phosphate mineral property.

Potash Ridge Independent Economic Impact Analysis: GRP excess of US$1.1 billion per annum, 7,300 jobs During Construction

Potash – Potash Ridge Corporation (TSX:PRK,OTCQX:POTRF) announced results from an independent economic impact analysis for its Blawn Mountain Project in Utah. According to the report, the construction phase alone of the Project will generate approximately 7,300 jobs in Utah and the total Gross Regional Product will exceed US$1.1 billion per annum. During the operations stage, the subsequent mine and plant operations will generate on average 3,100 jobs during its 40-year mine life, and GRP is expected at $375 million per annum, with US$230 million to be generated in the local economy.