Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Beat The Street With SI Traders -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (159272)	1/21/2015 8:24:00 PM
From: Rocket Red	Respond to of 233811

Pot New year highs to

To: Goose94 who wrote (159272)	1/21/2015 8:24:49 PM
From: Rocket Red	Read Replies (1) \| Respond to of 233811

This why Potash Shortage coming? Insane pictures of Russian potash mine disaster Vladimir Basov \| November 20, 2014 Tweet 197 inShare [iframe style="POSITION: static; BORDER-BOTTOM-STYLE: none; BORDER-RIGHT-STYLE: none; MARGIN: 0px; WIDTH: 50px; BORDER-TOP-STYLE: none; HEIGHT: 60px; VISIBILITY: visible; BORDER-LEFT-STYLE: none; TOP: 0px; LEFT: 0px" id=I0_1421889753831 title=+1 tabIndex=0 marginHeight=0 src="https://apis.google.com/u/0/se/0/_/+1/fastbutton?usegapi=1&size=tall&origin=http%3A%2F%2Fwww.mining.com&url=http%3A%2F%2Fwww.mining.com%2Finsane-pictures-of-russian-potash-mine-disaster-96066%2F&gsrc=3p&hostiemode=8&jsh=m%3B%2F_%2Fscs%2Fapps-static%2F_%2Fjs%2Fk%3Doz.gapi.en.dKM9V-8A3eU.O%2Fm%3D__features__%2Fam%3DAQ%2Frt%3Dj%2Fd%3D1%2Ft%3Dzcms%2Frs%3DAGLTcCOKz7OvYmYInV6AdIezdxrYZhtRBQ#_methods=onPlusOne%2C_ready%2C_close%2C_open%2C_resizeMe%2C_renderstart%2Concircled%2Cdrefresh%2Cerefresh&id=I0_1421889753831&parent=http%3A%2F%2Fwww.mining.com&pfname=&rpctoken=20513543" frameBorder=0 width="100%" allowTransparency name=I0_1421889753831 marginWidth=0 scrolling=no data-gapiattached="true"][/iframe] Comments Share on email Share on print Your email address Solikamsk-2 accident first implications: situation could worsen After a statement made by one of the world’s largest potash producers and exporters Uralkali (MCX:URKA)(LON:URALL), first visual implications of Solikamsk-2 potash mine accident have been revealed. A sinkhole with a diameter of 30-40 meters has been detected to the east of the Solikamsk-2 production site, at the area packed with summer cottages. There were no casualties reported so far. 30-40 meters diameter sinkhole near the Solikamsk-2 potash mine (source: V-kurse.ru). 30-40 meters diameter sinkhole near the Solikamsk-2 potash mine (source: V-kurse.ru). Some experts do believe that producing Solikamsk-1 mine adjacent to flooded Solikamsk-2 mine, likely to be flooded also, but it will not happen soon since there are two safety barriers installed between mines, – a 20 meters concrete wall and a 200 meters pillar, which entirely consists of potassium salt (see picture below). Cross-section of Solikamsk 1 and 2 mines. Source: V-kurse.ru Potentially, fresh water could mix with the brine in a flooded mine, which in turn may create microfractures in a concrete wall by that time. Tectonic fractures are other possible way water/brine mix may penetrate and dissolve protective pillar. Theoretically, this process may take years, if it really happens. We will continue to monitor Uralkali’s official statements in this regard.

To: Goose94 who wrote (159272)	1/21/2015 8:31:20 PM
From: Rocket Red	Read Replies (1) \| Respond to of 233811

Giant Sinkhole Still Expanding, Russian Potash Producer Uralkali Says The Moscow Times Dec. 11 2014 13:43 Last edited 13:43 UralkaliThe giant sinkhole is growing by a rate of 700 cubic meters per hour, potash giant Uralkali said in a statement Wednesday. A giant sinkhole that appeared in central Russia's Perm region after a mining accident has continued growing, the world's largest potash producer and owner of the mine, Uralkali, said. The size of the sinkhole has increased from 30 by 40 meters in mid November to 50 by 80 meters now, the company said Wednesday in an online statement. The average brine inflow during the same period surpassed 700 cubic meters per hour, the statement said. Uralkali was forced to suspend operations at its Solikamsk-2 mine in November after high levels of brine inflow were detected, causing a giant sinkhole to form nearby. In the statement, Uralkali said it was trying to pump out brine that was threatening to flood additional underground spaces, but quoted a mining research expert as saying the mine is likely to be lost. "Based on our analysis and the world's experience in developing potassium mines, the risk of a negative scenario — the complete flooding on the mine — remains high," the head of the Ural region's Mining Institute, Alexander Baryakh, was quoted as saying. "We are ready for this contingency, but we are doing everything possible to minimize related risks," he said, adding that "fortunately, the accident poses no danger to the residents of [the local town of] Solikamsk." The Solikamsk-2 mine accounts for a fifth of the Uralkali's capacity