Fortis Makes First Payment for Kazakhstan Potash Projects

Mining Weekly reported on Fortis Mining’s (ASX:FMJ) installment payment towards its rights to two potash projects in Kazakhstan.

The editorial is quoted as saying:

The potash transaction was broken down into two different transactions, with Fortis paying Ji’ian 40-million of its own shares, as well as A$1-million in cash, and paying Wiyot SA $260-million for the two potash tenements.

To read the full editorial, click here.