Western Potash Hoping for Strategic Partner by Year End
Oct. 27, 2011 02:58PM PST
Potash InvestingMining Weekly reported that Western Potash (TSX:WPX) is seeking to establish a strategic partnership on its Milestone project before the end of 2011.
Mining Weekly reported that Western Potash (TSX:WPX) is seeking to establish a strategic partnership on its Milestone project before the end of 2011.
As quoted in the market news:
The company last year published the results of a scoping study outlining a $2.5-billion capital cost for a 2.5-million-ton-a-year operation at Milestone, which will be a solution mine, meaning the miner will extract potash by pumping water into the orebody to dissolve the minerals, which is then pumped back up to surface.