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    market news

    Karnalyte Could Be Next Saskatchewan Potash Producer

    Investing News Network
    Aug. 16, 2011 12:00PM PST
    Potash Investing

    Financial Post reported that Karnalyte Resources (TSE:KRN) may build the next greenfield potash mine in Saskatchewan.

    Financial Post reported that Karnalyte Resources (TSX:KRN) may build the next greenfield potash mine in Saskatchewan.

    The market news is quoted as saying:

    Unlike so many other Saskatchewan potash projects, Karnalyte’s Wynyard project has a reasonable capital cost — Mr. Isaacson expects costs of just US$445-million to reach initial production capacity of 500,000 tonnes a year, and US$1.75-billion to bring capacity to two million tonnes a year.

    To read the full market news, click here.

    market newstsx:krnpotash minekarnalyte resources
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