Gensource Potash Corp V.GSP

Alternate Symbol(s): AGCCF

Chemicals Chemicals

Gensource Potash Corporation is a fertilizer development company. The Company is focused on developing resource opportunities with a specific focus on potash development. Its projects include the Tugaske Project, Lazlo Area, and Vanguard Area Project. The Tugaske Project is the Company’s advanced potash project. It has completed a full, bankable feasibility study and a follow-on front-end engineering and design study (FEED). The Lazlo Area is located in central Saskatchewan along an infrastructure corridor between the major population centers of Saskatoon and Regina. The Area is located over a thick and rich region of the Prairie Evaporite formation known locally as the Davidson Sub-basin. The Vanguard Area is located in central Saskatchewan and comprises two mineral leases, KL244 and KL245, and Potash Permit, SMP200. SMP200, which abuts existing Company leases, is about 7,180 hectares and represents a direct addition to mineral leases KL244 and KL245 in the Company’s Vanguard Area.

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Post by stockwatcher248on Dec 07, 2022 3:31pm

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Mosaic is pressing pause on potash production at its Colonsay mine.

The firm says it has "temporarily curtailed" production at the mine due to slower-than-expected demand for potash in the second half of 2022.

"Our decision to temporarily curtail Colonsay reflects near-term dynamics and not long-term agricultural market fundamentals. Crop prices remain strong and continue to support healthy grower economics," Mosaic president and CEO Joc O'Rourke said in a news release.

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