Potash

Passport Potash Inc.: National Instrument 43-101 Status Update

Passport Potash Inc. (the “Company”) (TSX VENTURE:PPI)(OTCQX:PPRTF) announces an update on the status of its NI 43-101 Technical Report (“Report”). As earlier announced the Report is being prepared by SRK Consulting (US) Inc. (“SRK”). SRK has advised that the Report should be finalized the last week of October 2011. Further, the Company has been informed that the Report will not include a current resource estimate.

Allana Potash drilling intersects significant potash of 40% KCL over 2.6 metres in hole 28

Allana Potash Corp. (TSX:AAA)(OTCQX:ALLRF) (“Allana” or the “Company”) is pleased to announce that it has intersected three zones of strong potash mineralization in Hole DK-11-28 (“Hole 28″). Hole 28 is located in the northwestern portion of the concession block and was targeted to test potash mineralization west of Hole 15. Hole 28 intersected a strong Sylvinite Zone at a depth of 198.8 metres which yielded 40.27% KCl over 3.56 metres. A robust Kainitite Zone was also intersected deeper in the hole at a depth of 266.43 metres and returned 21.98 % KCl over 8.39 metres.

Gas prices rise in September while food prices decrease

The Producer Price Index rose 0.8 percent in September due to higher gas prices. Food stuffs, on the other hand, declined after a strong run up through the summer. Analysts were expecting a more modest rise in the PPI.

The Producer Price Index results, released by the U.S. Bureau of Labour Statistics on Wednesday, showed that all finished energy goods were up strongly in September.

“The index for finished energy goods advanced 2.3 percent in September after decreasing in each of the previous three months. Nearly seventy percent of this rise can be attributed to the gasoline index, which increased 4.2 percent. Higher prices for liquefied petroleum gas and diesel fuel also were factors in the rise in the finished energy goods index,” according to the statement.

Texas drought forces Intrepid Potash to find new customers

Inptrepid Potash (NYSE:IPI) said its prices were higher but its produdction was lower during its third quarter. The company was also forced to find new customers due to a severe drought in Texas.

Announcing results on Thursday, the company believes that it produced between 165,000 and 175,000 tons of potash and sold between 185,000 and 195,000 tons of potash. Production, which was in-line with expectations, was hampered due to a scheduled shut-down for annual maintenance work at the East mine and plant near Carlsbad, New Mexico. Also, the Moab, Utah mine completed its summer evaporation season and commenced harvest in mid-September.

Transit Holdings [ASX: TRH] – MOU with the Bureau of Land Management (USA)

Transit Holdings (ASX: TRH) announces that its 90% owned joint venture vehicle K2O Utah LLC has executed a Memorandum of Understanding (MOU) with the United States Bureau of Land Management concerning exploration for potash on Federal Lands on the

IC Potash Corp. announces 20% increase in Measured and Indicated Mineral Resources

TORONTO, Oct. 13, 2011 /CNW/ – IC Potash Corp. (“ICP” or the “Company”) (TSX: ICP; OTCQX:ICPTF) is pleased to announce the advancement of the Company’s mineral resources for the 100% owned Ochoa Sulphate of Potash

OCHOA SULPHATE PROJECT RESOURCE UPDATE – IC POTASH CORP.

IC Potash Corp. announced the advancement of the Company’s mineral resources for the 100% owned Ochoa Sulphate of Potash Project located in southeast New Mexico.

MEMORANDUM OF UNDERSTANDING – TRANSIT HOLDINGS LTD

Transit Holdings Ltd. announced that its 90% owned joint venture vehicle K2O Utah LLC (K20 Utah) has executed a Memorandum of Understanding (MOU) with the United States Bureau of Land Management concerning exploration for potash on Federal Lands on the…

Nigeria loses N1.6tr annually from non-export of agric commodities – Adesina

The Minister of Agriculture and Rural Development, Mr Akinwunmi Adesina, said on Tuesday in Abuja that Nigeria loses N1.6 trillion annually from the non-export of oil palm, cocoa, groundnut and cotton. Adesina, who gave this indication while presenting…

Miners, Arizona’s Petrified Forest Park square off over potash

Tucson Sentinel reports the Painted Desert of northern Arizona holds hundreds of million years of history, from fossils of dinosaur ancestors to ancient Native American dwellings, but Petrified Forest National Park and the land around it also sit on as much as 2.5 billion tons of potash.

The US Congress approved expansion in 2004, authorizing the park to purchase land from willing sellers. The park added the first 26,000 acres in September, but that purchase didn’t include the mineral rights because of a lack of funds.The old and new boundaries of the park are over approximately 50% of the Holbrook basin potash deposits and three companies – Passport Potash, American West Potash and HNZ Potash – currently are drilling test holes inside and outside the park to establish the depth and quality of the deposits.