London-listed potash project developer Emmerson has announced an updated mineral resource estimate (MRE) for its Khemisset potash project, in Morocco, indicating a 72% increase in total resource to 537-million tonnes, grading about 9.24% potassium oxide.
Based on a 2018 scoping study, the Khemisset project has a minimum mine life of 20 years and can deliver average yearly earnings before interest, taxes, depreciation and amortisation of $236-million.