Verde Raising Money for Cerro Verde

Mining Weekly reported that Verde Potash (TSXV:NPK) announced it is raising money to develop its Brazil-based Cerro Verde property.

As quoted in the market news:

A preliminary economic assessment announced in January foresaw a staged project at Cerrado Verde, with the first phase to produce 600 000 t/y of potash at a capital cost of $654-million.

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