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Fox River Resources Corp. has given an update on a preliminary economic assessment (PEA) study for the company’s 100% owned Martison phosphate project, located near Hearst, Ontario, Canada.
The company has also been briefing potential offtake partners with the capability to procure all the planned Kola muriate of potash production.
The plants will be built in Dongping, Shandong Province, for a local urea producer.
Drilling has started at the first of two confirmatory holes located within the Ohmgebirge area of South Harz Potash's potash project in Germany.
Site-based work programmes for wet harvesting have been completed, confirming key design parameters including salt properties and cutting forces.
Stamicarbon’s operator training simulator allows for training of plant operators on start-up and shutdown procedures, day-to-day plant operations and various scenarios in the plant.
The company has received approval to drill the second of two confirmatory holes at Ohmgebirge.
Block 59 abuts existing Gensource leases, is approximately 7244 hectares and represents a direct addition to mineral leases KL244 and KL245 in Gensource’s Vanguard Area.
The plant in the Gopalpur Industrial Park will be equipped with advanced NOX/N2O abatement technologies.
Mining will continue at ICL Boulby’s Cleveland potash mine in the UK for a further 25 years from 2023.
The equity raising ensures the company is well-funded to complete the two-hole drilling programme, targeted Mineral Resource estimate upgrade and Scoping Study finalisation at its Ohmgebirge development in Germany.
A technical review has confirmed the findings of Anglo American’s due diligence that a number of elements of the project’s design would benefit from modification to bring it up to the company’s safety and operating integrity standards.