DENVER--(BUSINESS WIRE)--Sep. 18, 2009--
Intrepid Potash, Inc. (NYSE:IPI), today announced that it has appointed
John Mansanti, Vice President of Operations of Intrepid Potash, Inc.
Mr. Mansanti will report to Bob Jornayvaz, Chairman and Chief Executive
Officer of Intrepid and will oversee operations at Intrepid’s New Mexico
and Utah facilities and be tasked with driving an optimal operations
strategy for Intrepid. Mr. Mansanti will be based at Intrepid’s
corporate headquarters in Denver, Colorado and will join Intrepid in
mid-October.
“John is a world-class mining and process industry operations leader
with demonstrated success in expanding operations and driving results,”
said Bob Jornayvaz. “We are extremely pleased that we have been able to
bring someone with John’s vast experience on board to help continue to
move our operations forward and to achieve our goals of increasing
productivity, recoveries and improving costs per ton.”
Mr. Mansanti, 54, joins Intrepid from Barrick Gold Corporation, where
most recently he served as General Manager at the Goldstrike Mine in
Carlin, Nevada. Mr. Mansanti has held various engineering and management
positions in the mining industry for the last 30 years of his career.
Intrepid routinely posts important information about Intrepid on its
website under the Investor Relations tab. Intrepid’s website address is www.intrepidpotash.com.
Certain statements in this press release, and other written or oral
statements made by or on behalf of us, are “forward-looking statements”
within the meaning of the federal securities laws. Statements regarding
future events and developments and our future performance, as well as
management’s expectations, beliefs, plans, estimates or projections
relating to the future, including statements regarding guidance, are
forward-looking statements within the meaning of these laws. Although we
believe that the expectations reflected in such forward-looking
statements are based upon reasonable assumptions, there can be no
assurance that the expectations will be realized. These forward-looking
statements are subject to a number of known and unknown risks and
uncertainties, many of which are beyond our control that could cause
actual results to differ materially and adversely from such statements.
These risks and uncertainties include: changes in the price of potash or
langbeinite; operational difficulties at our facilities; changes in
demand and/or supply for potash or langbeinite; changes in our reserve
estimates; our ability to achieve the initiatives of our business
strategy, including but not limited to the development of the HB Mine as
a solution mine; changes in the prices of our raw materials, including
but not limited to the price of natural gas and power; fluctuations in
the costs of transporting our products to customers; changes in labor
costs and availability of labor with mining expertise; the impact of
federal, state or local government regulations, including but not
limited to environmental and mining regulations; competition in the
fertilizer industry; declines in U.S. or world agricultural production;
declines in oil and gas drilling; changes in economic conditions;
adverse weather events at our facilities; our ability to comply with
covenants inherent in our current and future debt obligations to avoid
defaulting under those agreements; continued disruption in credit
markets; governmental policy changes that may adversely affect our
business and the risk factors detailed in our filings with the U.S.
Securities and Exchange Commission. Please refer to those filings for
more information on these risk factors. These forward-looking statements
speak only as of the date of this press release, and we undertake no
obligation to publicly update or revise any forward-looking statement,
whether as the result of future events, new information or otherwise.
Source: Intrepid Potash, Inc.
Intrepid Potash, Inc.
William Kent, 303-296-3006