China-based private equity firm Beijing Tairui Innovation Capital Management has decided to invest $80 million for a 51% stake in Western Potash (TSX: WPX) after the junior unveiled a less expensive mine plan for its Milestone potash project in southern Saskatchewan, about 30 km southeast of Regina. Western Potash announced July 2 that it has completed a scoping study for selective mining at Milestone that would start on a smaller scale using horizontally drilled caverns and cost a mere $80 million to build instead of the $3 billion outlined in a December 2012 feasibility study.
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机译：总部位于中国的私人股本公司北京泰瑞创新资本管理有限公司已决定投资8000万美元，购买Western Potash（TSX：WPX）51％的股份。里贾纳东南方公里。 Western Potash于7月2日宣布，它已完成对Milestone选择性采矿的范围研究，该研究将使用水平钻孔的洞穴开始规模较小，建造成本仅为8000万美元，而不是2012年12月可行性研究中概述的30亿美元。
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