Energy & Mining International - Summer 2012 - (Page 55)

SUMMER 2012 CAN ADA I C P O TA S H E M I • Hobbs, New Mexico “We want to get it done with Ochoa, and that property is our only focus.” // SIDNEY HIMMEL, CEO, president and director of the board President, CEO and director Sidney Himmel brought an investment and mineral development background to IC Potash.. Ideal Situation IC Potash is well on its way to being the lowestcost producer of sulphate of potash in the world, thanks to its collective experience. [ BY S TA C I D AV I D S O N ] president, CEO and director of the board. With a bachelor of science in chemistry, Himmel spent 20 years as an investment banker, institutional salesman and trader, specializing in mining and technology companies. He has participated in billions of dollars worth of financings for mining and other resource companies, and has been involved in mineral development for seven years. According to Himmel, the potash market started to grow in the United States in 2006 and 2007, and he and the company began looking at potash deposits, but passed on all muriate of potash (MOP) properties. Instead, IC Potash found Ochoa, a polyhalite project that would help it reach its goals. “Polyhalite converts to a high-value type of potash – sulfate of potash – which is premium,” he explains. “With Ochoa, we will be the lowest-cost operator in the world. Additionally, this site has an expected life of 100 years.” The goal of IC Potash is to become one of the lowest-cost producers of sulphate of potash (SOP) in the world. A lofty goal? Perhaps. But IC Potash is situated to achieve that aim, and is confiPROFILE dent about its eventual success thanks to all it has in place – expertise, infrastructure, market potential, property quality and the strength of the company’s global partners. IC Potash is led by Sidney Himmel, GREAT RESOURCES With its 100-percent owned Ochoa project in southeast New Mexico, IC Potash is working to become a primary producer of SOP and sulphate of potash magnesia (SOPM). Ochoa consists of 100,000 acres of federal subsurface potassium prospecting permits and New Mexico potassium mining leases. 55 IC Potash. | Headquarters: Toronto | Specialty: Production of sulphate of potash and sulphate of potash magnesia

Table of Contents for the Digital Edition of Energy & Mining International - Summer 2012

Energy & Mining International - Summer 2012
Wind Financing
Latin American Energy
Mining Developments
Wabash Mfg. Inc.
Mega Precious Metals
Iron Ore Company of Canada
Rainy River Resources Ltd.
Canada Energy
Gear Energy
Manitok Energy Inc.
Chieftain Metals
IC Potash
Nyrstar Langlois Mine
Phoenix Technology Services Inc.
Waycon Manufacturing Ltd.
Tuscany International Drilling
Latin America Focus
Canacol Energy
Orosur Mining
Lithium One Inc.
Cabo Drilling (Panama) Corp.
Continental Gold Ltd.
Guyana Oil Co. Ltd.
Batero Gold Corp.
The Williston Basin
Primary Petroleum
Sanjel Corp.
Summit Energy Services
Kengor Metals LLC
Stone Energy
Holloway Pipe
McFarren Group – Appalachian Transload Services
Trumbull Corp.
De-Cal Mechanical
Buck’s Fabricating
ITI Trailers & Truck Bodies
Hamilton Machine/ ValTek Industries
Rodenberg Diversified LLC
Mazzella Lifting Technologies
Independence Excavating
Magna-Solutions LLC
Blackhawk Specialty Tools LLC
MinExpo 2012
Rail-Veyor Technologies
STW Technic
RAM Enterprise
Miner Elastomer Products Corp.
McElroy Manufacturing
REICHdrill Inc.
Gunnebo Johnson Corp.
The Timken Co.
K/M Specialty Pumps & Systems Inc.
Schroeder Industries
The Reinforced Earth Co.
Geoprobe Systems®
Sumitomo Pogo Mine LLC – Pogo Mine
Power Service Inc.
National Pump Co.
Peak Oilfield Service Co.
TonaTec Exploration
Xtreme Oil & Gas Inc.
White Tiger Gold
TransAtlantic Petroleum Ltd.
Lydford Mining Co.
MFM Industries Inc.
Crescent Companies
Tri State Tank
Aquila Resources
Armstrong Coal
EnerJex Resources Inc.
Sanchez Energy Corp.
Chatham Steel Corp.
Ad Index
The Final Shot

Energy & Mining International - Summer 2012