Silver Eagle Mines (CSE:SEM) implements a straightforward business quarry strategy, “Blow it up. Dig it up. Grind it up. Bag It up. And Ship it out by rail,” by using a direct-ship, pit-run system that brings truly organic, direct to application phosphorus to market. The companyfocuses on producing the only certified raw rock organic phosphate eligible for organic farming in the United States.

The organic food market in the United States is growing because of factors such as increasing health awareness among consumers and increasing environmental concerns due to the heavy use of pesticides, chemical fertilizers, and other chemicals in conventional farming. As a reagent, raw rock organic phosphate from Murdock Mountain is perfectly suited to regenerate soil to serve the fast growing organic food market.

Murdock Mountain

Company Highlights

  • Silver Eagle Mines has a unique asset containing raw phosphate ore suitable for direct application in organic farming.
  • Once in production, the company will produce the only large scale, certified organic phosphate in the United States.
  • Raw organic phosphate from Murdock Mountain is perfectly suited to serve the fast growing US$59.28 billion organic food market.
  • The company aims to complete a NI-43-101 resource related Premlinary Economic Estimate (PEA) by Q3-4 in 2023 and Q1-3/2022 carry out an exploration program to confirm and extend the known deposit.
  • The company’s project, Murdock Mountain, produces phosphate ore that does not require costly processing before it is usable.

This Silver Eagle Mines profile is part of a paid investor education campaign.*

Click here to connect with Silver Eagle Mines (CSE:SEM) to receive an Investor Presentation

Silver Eagle Mines logo

Silver Eagle Mines

Keep reading...Show less
Silver Eagle Mines CEO & Director Robin Dow

Silver Eagle Mines CEO Expects Exploration Permit by Early 2023

Silver Eagle Mines CEO Expects Exploration Permit by Early

Keep reading...Show less

Nutrien Prices Offering of an Aggregate of US$1 Billion of 2-Year and 3-Year Senior Notes

Nutrien Ltd. (TSX and NYSE: NTR) today announced the pricing of US$500 million aggregate principal amount of 5.900 percent senior notes due November 7, 2024 and US$500 million aggregate principal amount of 5.950 percent senior notes due November 7, 2025 (together, the "senior notes"). The offering is expected to close on or about November 9, 2022, subject to customary closing conditions. The senior notes, registered under the multi-jurisdictional disclosure system in Canada and the United States, will not be offered in Canada or to any resident of Canada.

Nutrien intends to use the net proceeds from this offering to reduce outstanding indebtedness under its short-term credit facilities, to finance working capital and for general corporate purposes. The senior notes will be unsecured and rank equally with Nutrien's existing senior unsecured debt. The joint book-running managers for the offering are Barclays Capital Inc., BofA Securities, Inc., Goldman Sachs & Co. LLC, RBC Capital Markets, LLC, Scotia Capital (USA) Inc. and TD Securities (USA) LLC.

News Provided by Business Wire via QuoteMedia

Keep reading...Show less

Nutrien Delivers Earnings Growth and Expects Strong Market Fundamentals in 2023

Nutrien revised full-year 2022 earnings guidance to reflect lower near-term potash sales volumes and prices; continue to advance strategic growth initiatives based on a positive multi-year view of the fundamentals.

Nutrien Ltd. (TSX and NYSE: NTR) announced today its third quarter 2022 results, with net earnings of $1.6 billion ($2.94 diluted net earnings per share), which includes a non-cash impairment reversal of $330 million relating to our Phosphate operations. Third quarter 2022 adjusted net earnings per share 1 were $2.51 and adjusted EBITDA 1 was $2.5 billion.

News Provided by Business Wire via QuoteMedia

Keep reading...Show less

Nutrien Announces Release Dates for Third Quarter 2022 Results and Conference Call

Nutrien Ltd (TSX and NYSE: NTR) announced today plans to release third quarter earnings results on Wednesday, November 2, 2022, after market close. Nutrien will host a conference call the following day, Thursday, November 3, 2022 at 10:00 a.m. EDT to discuss and answer investor questions on third quarter results and the outlook.

Investors can access the call by dialing 1-888-886-7786 or 1-416-764-8683. A webcast of the conference call number can be accessed by visiting Nutrien's website, .

News Provided by Business Wire via QuoteMedia

Keep reading...Show less
Combine harvester harvests ripe wheat. agriculture

10 Top Phosphate Countries by Production (Updated 2022)

Phosphate is mainly used in the form of fertilizer for crops and animal feed supplements. Only 5 percent of world phosphate production is used in other applications, such as corrosion prevention and detergents.

Demand for phosphate fertilizers has created a US$63.81 billion market in 2022, and that figure is expected to grow by a compound annual growth rate of 5.7 percent, coming to US$176 billion by 2040. "The global demand for phosphate is surging owing to the increasing world population resulting in rising food demand," according to Grand View Research.

In its latest phosphate report, the US Geological Survey states that global production of phosphate remained flat in 2021 alongside rising demand for plant crops. This has led to phosphate prices trending higher throughout 2021 and into 2022.

Keep reading...Show less

Nutrien Announces Appointment of Ken Seitz as President and CEO

Strong leadership advances Nutrien's strategy to safely and sustainably feed a growing world

Nutrien Ltd. (TSX and NYSE: NTR), the world's largest provider of crop inputs and services, announced today that its Board of Directors has appointed Ken Seitz as its President and CEO, effective August 8, 2022. Mr. Seitz will also join the Nutrien Board of Directors. The announcement follows an extensive seven-month global search including internal and external candidates led by the Board and supported by a world-class executive recruitment firm with a dedicated agriculture and chemical practice.

News Provided by Business Wire via QuoteMedia

Keep reading...Show less

Latest Press Releases

Related News