Karnalyte Could Be Next Saskatchewan Potash Producer
Aug. 16, 2011 12:00PM PST
Potash InvestingFinancial 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.