Articles On Salt Lake Potash (ASX:SO4)

Emerging sulphate of potash play Trigg Mining (ASX: TMG) is adding to its raising limit after its $3.2 million rights issue was “significantly” over-subscribed. The company will now proceed with a “top-up” placement of $250,000 to accommoda...

The company remains on track for first sulphate of potash production shortly and first revenue from the Lake Way Project in Western Australia.

The softening-up exercise for the huge Jansen potash project in Canada’s Saskatchewan province has begun. After years of delays and potash market uncertainties, along with opposition from some shareholders and (not surprisingly) the powerfu...

The importance of method and structure in exploration was engrained in the mind of Great Western Exploration managing director Tom Ridges from his early days as a greenfields geologist. It’s a lesson from mentors which proved itself true r...

The company has received debt funds from the final US$33 million tranche of its US$138 million Senior Debt Facility and has received funds from its recent A$28 million placement.

After years in development, Salt Lake Potash (ASX: SO4) is set to be the first to market in Australia’s burgeoning sulphate of potash industry. First SoP production at Salt Lake’s $269 million Lake Way project near Wiluna is expected to be...

The ASX has begun the week in positive territory, albeit only slightly. The ASX 200 closed at 7,046 points, 0.22 per cent higher than Friday. The ASX Emerging Companies Index however retreated 0.35 per cent, closing at 2,114. The best secto...

Summary The ASX 200 trades higher by 15.20 points or 0.22% to 7045.50 at the close, led by gains in heavyweight healthcare and energy stocks. Retail player Kogan.Com and gold miner Silver Lake Resources are top performing stocks on the...

Food and fertiliser prices have moved higher in the second half of 2020 with the trend continuing into 2021.

Small caps have edged higher to finish the week in the green, finally breaking their four-week losing streak. The Small Ordinaries index closed up 10.2 points, or 0.32 per cent, to 3,197.5, slightly outperforming the All Ordinaries which ga...

Securities will remain halted until Tuesday, May 25 or when an announcement is released to the market.

On March 22, Salt Lake Potash started front-end process plant commissioning at Lake Way SOP Project, marking a major milestone for the company.

The company said at the end of the first quarter of 2021 a processing plant at the site is 97% complete on an earned value basis

“Receiving final environmental approval over the full Lake Way project will enable our team to commence construction of the remaining on-lake infrastructure and deliver the full scope of the Lake Way project," says CEO.

More Upgrades, More Potential For Aussie SharesBy Rudi Filapek-Vandyck, Editor FNArenaBack in early 2011, something odd was happening in the Australian share market. Equity strategists at investment banks and stockbrokerages domestically we...

Source: Roman Bodnarchuk, Shutterstock Summary GR Engineering has reached a contract with Pantoro for a gold processing unit on the Norseman Gold Project. Norseman Project is jointly operated by Pantoro Limited (50%) and Tulla Resourc...

A glance through the latest expert views and predictions about commodities: bulks; gold; and lithium -Strong momentum in major miners likely, even if iron ore eases-Gold prices expected to strengthen longer term as inflation builds-Recovery...

Salt Lake Potash has launched commissioning of Australia’s first sulphate of potash (SOP) processing plant at Wiluna in Western Australia ahead of first production expected in the middle of this year. The company awarded contracts to GE Eng...

Following the syndication, the Taurus investment will be reduced to US$35 million and CEFC investment to US$39 million.

The company is focused on transitioning from developer to producer at Lake Way SOP Project in Western Australia and aims to complete construction and begin commissioning the process plant in the current quarter.

Developer Salt Lake Potash has increased the size of its share purchase plan after the $5 million offer attracted double the amount of applications.

A total of 20 million new fully paid ordinary shares will be issued under the SPP at an issue price of 40 cents per share.

In January 2021, the Organic Farmers & Growers association in the UK approved the Lake Way SOP product for use in organic farming in the UK, the first organic certification received.

In combination with the recent placement of A$50 million, the funds will ensure the company is well-financed to deliver the Lake Way Project.

The SPP will enable existing eligible shareholders, irrespective of the size of their holdings, to participate in the capital raising at the same issue price as the placement.

AIM-listed miner Greatland Gold, one of 2020's stand-out success stories, has appointed Salt Lake Potash chief financial officer Shaun Day to be the ...

Proceeds from the placement and SPP will be used to cash back a bank guarantee for the APA gas pipeline, cover variations to ramp-up vs bank model, offset recent AUD strength, transaction fees and for additional working capital.

A further update is expected on Friday December 11.

The project remains on target for first sulphate of potash production in quarter one of 2021.

Salt Lake Potash’s Lake Way Project is now largely de-risked but the share price yet to re-rate,

Phil Montgomery and Peter Thomas will join the board as independent non-executive directors effective immediately.

The company is focused on rapidly developing the Lake Way SOP Project and has executed a US$138 million debt financing package and completed a fully underwritten equity placement and accelerated non-renounceable entitlement offer for A$98.5...

Whether COVID leads to isolationist policy or protectionist policy is up for debate, what we do know is that countries from Egypt and Jordan to Pakistan, Taiwan and China are stockpiling agricultural commodities to boost strategic food stoc...

Gold producer Regis Resources Ltd (ASX:RRL) kicked off day three of Diggers and Dealers in Kalgoorlie as news of an overnight fall in the price of the precious metal came to hand. However, Regis is a well-managed company that has an establi...

Another world record. About 1200 miners, investors, media and supporters last night toasted the end of the 2020 rendition of the Diggers & Dealers Mining Forum in the comfortable confines of the southern hemisphere’s largest marquee. Ne...

Kalgoorlie may be the gold mining capital of Western Australia, but presentations earlier today by emerging potash brine player Salt Lake Potash and ...

It is a long way to the top on Day 2 at Diggers & Dealers, particularly when you are trying to emulate an opening 24 hours that featured a jokes-telling Premier, a $16 billion WASM-inspired gold mega-merger and a stunning performance by...

It seems a bit surreal that 1850 delegates will be descending on Kalgoorlie-Boulder, the world’s gold capital, for the annual hosting of the Diggers & Dealers Mining Forum from tomorrow morning. With much of Europe bracing for a second...

While the company remains focused on delivering the Lake Way project in the Goldfields district of WA, it has a small team running internal trade-off studies to determine its next project.

The company is fully funded to progress the development of the Lake Way SOP Project, targeting first production in the March quarter of 2021.

Salt Lake Potash has reached a 60 per cent completion at its Lake Way project in Western Australia, which is on track to deliver its first sulphate of potash (SOP) next year. Company chief executive Tony Swiericzuk said over the coming week...

The project has moved into the peak construction phase and progress at the process plant and non-process infrastructure site has accelerated in recent weeks.

The A$98.5 equity raising in conjunction with a A$203 million debt financing package sees the company fully funded to deliver the Lake Way Sulphate of Potash Project on schedule.

The capital raising wave shows no sign of crashing with August’s total coming in at $4.7bn. Once again resources companies raised more than any other sector — $163m of the $296m raised by companies with market capitalisations below $100m. F...

The shortfall under the retail entitlement offer will be allotted to the sub-underwriters of the retail entitlement offer.

This move follows director participation in the company’s institutional entitlement offer on August 17.