Potash mining is a complex process and at the moment the majority of it is occurring in aged mines that are working at full or near to full capacity in order to meet the increasing world demand. There are abundant potash reserves in Canada, yet the last time a potash mine was put into production in the region was nearly forty years ago. Potash mining is costly, and production in mines that are aging is becoming even more expensive.

 

Pressure to supply is increasing while there exists a need for new streams of potash. While several aged potash mines are sinking new shafts in order to get access to the potash deposits, the reality is that these mines are incapable of producing sufficient quantities and production in aged mines is considerably more expensive than production in mines that have access to newer equipment and innovative processes.

 

The demand for potash is steadily increasing due to economic growth in places such as Latin America and Asia. More households are financially able to purchase better quality food products, including those that are higher in nutrient value and protein. More meat and cheese products are being consumed on a daily basis and in order to meet this demand, larger quantities of grain and corn need to be produced.

 

Further to this, the quality of food products are a rising concern amongst the masses and fertilizers containing potash help to improve the taste, texture and color of produce. More people are willing and able to pay for food that is beyond merely passable in quality.

 

The above factors are driving the prices of potash up and the investment public is seemingly closed off to the industry as currently shares in major corporations are being sold for $60 to $148 each.

 

Many junior potash companies are emerging with objectives to develop low-cost world-class potash resources with solution mining projects in areas of around the world. Such companies are offering the investment public opportunities to become involved in a thriving industry from the ground level. Some are choosing to mine in foreign countries that are only just emerging in the mining industry. In these places, most of the governments are very supportive of foreign investors and are implementing very favorable mining laws. More and more companies are selecting regions of the earth that are known to be incredibly hot as this assists in solar evaporation after solution mining, resulting in significant cost savings.

 

Various mines are sitting on vast reserves of potash and investors can remain confident that they are entering an industry that offers scalable projects. Each project can be scaled accordingly to the existent financial climate of the time. It is possible to commence mining at 100,000 MT/Y.

 

Potash mining is generating much interest from the investment world and currently offering opportunities to get involved with junior mining companies that are showing excellent potential and that are starting new and exciting projects from around the world.