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Potash News

K+S suspends production at two mines after approval delay

By: Reuters German potash miner K+S said it will suspend production at two mines from December 1 for possibly a number of weeks because it has not yet received regulatory approval for the discharge of saline waste water. K+S warned earlier this week that a regional environmental regulator will taking longer... 


Tramecon is a turnkey laboratory solutions provider, servicing mining projects worldwide from its wholly owned Randburg facility, comprising two mini factories covering 400 m2. The company has recently supplied South Africa-based product logistics monitoring for a Democratic Republic of Congo... 

Elemental eyes quicker start at Congo mine

By: Esmarie Swanepoel Potash hopeful Elemental Minerals is contemplating the accelerated construction of its Kola sylvenite project, in the Republic of Congo, after receiving an investment proposal from Summit Private Equity. Summit is looking to invest at least $40-million into ASX-listed Elemental, taking up shares... 

K+S faces output curbs amid lack of waste water approval

By: Reuters Germany's K+S could face production restrictions as authorities are withholding approval of its request for the continued discharge of waste water from processing potash. K+S was raided earlier this year by German criminal state police, on suspicion of illegally disposing of saltwater, which... 

New software enables local mines to shorten survey cycles

By: Samantha Herbst Three Southern African mine owner-operators have upgraded their mine survey capability using software launched last year by global infrastructure software developer Bentley Systems. To increase production efficiency by delivering more timely information for planning and operational purposes,... 

New software enables local mines to shorten survey cycles
SURVEY SOFTWARE MineCycle Survey is enabling operations to quickly implement actionable survey intelligence and to distribute that information throughout the enterprise

Vale to shut Manitoba nickel smelting, refining in 2018

By: Reuters Brazilian miner Vale will close its nickel smelting and refining operations in the western Canadian province of Manitoba in 2018, but will continue mining and milling despite the plunge in the price of nickel, a company official said on Thursday. Vale, the world's biggest nickel producer, will... 

Stung by weak prices, potash miners look to specialty products

By: Reuters Potash miners, facing another round of tough negotiations with big buyers in China and India, are looking to support sinking profits by boosting sales of higher-margin specialty products, according to top executives. The pink fertilisers' price has fallen sharply this year, under pressure from... 

Stung by weak prices, potash miners look to specialty products

Despite slowing growth, China to remain key growth market for metals

By: Henry Lazenby As commodity prices touched fresh decade-lows in recent months, a look at the global macroeconomic situation reveals that, despite China being a significant part of the commodity price slump, it will remain a critically important growth market for metals for decades to come. Addressing an... 

Despite slowing growth, China to remain key growth market for metals

Highfield doubles Muga mine life

By: Esmarie Swanepoel Potash developer Highfield Resources has doubled the mine life of its Muga project, in Spain, on the back of an optimisation study. A previously completed definitive feasibility study (DFS) into the Muga project estimated a capital investment of $256-million would be required to deliver... 

GB Minerals to produce phosphates in Guinea-Bissau from 2018

By: Reuters Toronto-listed Canadian miner GB Minerals said on Wednesday it has completed a feasibility study for a $200-million phosphates project in Guinea-Bissau that will start producing in 2018. A two-month power vacuum in the coup-prone West African country delayed progress on several major deals and... 

Another listless year for mining belies future opportunities

By: Simon Rees China’s economic shift and the ongoing debate about a US interest rate rise continue to influence and shape the short-term future of mining and metals, Behre Dolbear senior MD Alastair McIntyre told an audience at a recent meeting of the Canadian Institute of Mining’s management and economic... 

Another listless year for mining belies future opportunities

PM Trudeau appoints new Cabinet, Carr named Natural Resources Minister

By: Henry Lazenby Shortly after being sworn in as Canada’s twenty-third Prime Minister on Wednesday morning, Justin Trudeau announced a new gender-equal Cabinet, including Manitoba MP James Carr as Minister of Natural Resources. In his new capacity, Carr assumed responsibility for the natural resources portfolio,... 

PM Trudeau appoints new Cabinet, Carr named Natural Resources Minister
Photo by Reuters
Canada's new Liberal Cabinet, led by PM Justin Truedeau.

Mosaic pares output as lower sales, prices dent Q3 net profit

By: Henry Lazenby US fertiliser producer, the Mosaic Company’s NYSE-listed stock on Tuesday rallied 6% to $36.55 apiece, despite reporting a lower third-quarter net profit and cutting its fourth-quarter production outlook for both main operating segments. Potash prices had fallen in the past year owing to the... 

PotashCorp pares output, profit predictions as potash prices plunge

By: Henry Lazenby The world’s largest supplier of the crop nutrients by volume, Potash Corporation of Saskatchewan, will shutter its operations and cut output as margins for all three of its main products have fallen, sending its NYSE-quoted stock falling as much as 4.3% in early trading. For the three months... 

 PotashCorp pares output, profit predictions as potash prices plunge

Corruption concerns have increased implications for mining and exploration M&A

By: Simon Rees Buyers are becoming increasingly wary of corruption issues when buying projects, operations or other companies, and those looking to sell will have to be more mindful of this, says PricewaterhouseCoopers Canada MD and anticorruption expert Frederic Miller.   “Nobody these days wants to buy a... 

African Potash secures finance deal for offtake partners

By: Natalie Greve Aim-listed explorer African Potash has advised that its investment banking adviser Loita Capital Partners International has arranged an offtaker finance facility term sheet with local bank Ecobank Malawi in respect of African Potash’s fertiliser trading operations on the continent. The bank would... 

Minbos awarded licence over additional Angolan deposits

By: Natalie Greve ASX-listed Minbos Resources has secured licences for all deposits within its 50%-owned Cabinda phosphate project, in Angola. The company announced on Tuesday that the Angolan Ministry of Mines and Geology (MGM) had issued a licence for the Chivovo, Chibuete, Ueca, Cambota and Mongo Tando deposits. 

African Potash appoints UK politician to board

By: Megan van Wyngaardt Aim-listed exploration company African Potash has appointed Mark Simmonds as director, effective November 10. “Simmonds has significant experience working in Africa and brings with him a wealth of business and political contacts, which will support African Potash in the roll-out of its integrated... 

Shareholders get 3% of mining cake, employees 45% – PwC 

By: Martin Creamer Of the value created by 35 Johannesburg Stock Exchange-listed mining companies, a low 3% went to shareholders and a high 45% to employees, an analysis of the 12 months to June 2015 shows. Net profit fell 75% to a mere R2-billion even though impairment provisions were 26% lower. 

Shareholders get 3% of mining cake, employees 45% – PwC
Photo by Creamer Media
Andries Rossouw

Tough times may linger for commodities – Bureau for Economic Research

By: Kim Cloete Bureau for Economic Research (BER) senior economist Hugo Pienaar said on Thursday that he expected commodities to face the pinch for some time to come. “We don’t think it is going to be a robust story for commodity prices any time soon. The global situation is not positive for South Africa,” he... 

Tough times may linger for commodities – Bureau for Economic Research

Resource lobby groups look forward to collaborative policy development with Prime Minister-designate 

By: Henry Lazenby Canada’s resource lobby groups have welcomed Canada’s new Prime Minister-elect Justin Trudeau, saying they are optimistic about collaborating with the new Liberal government to further advance resource policy reforms to the benefit of the Canadian economy. The Liberal leader on Tuesday afternoon... 

Resource lobby groups look forward to collaborative policy development with Prime Minister-designate
Photo by Bloomberg
Justin Trudeau, Canada's prime minister-elect and leader of the Liberal Party of Canada.

Verde Potash evolves from commodity focus to agri-tech firm

By: Henry Lazenby TSX-listed project developer Verde Potash has announced that it would transition from being a mainly commodity-focused company to embrace the agricultural-technology industry, leveraging the technological advances it has achieved in progressing its its Cerrado Verde project, located in Brazil.... 

Formal resource assessment commissioned for Red Moon's Newfoundland project

By: Henry Lazenby Eastern Canada-focused explorer Red Moon Potash has tasked consulting engineering firm Apex Geoscience of Edmonton, Alberta, to undertake a formal resource assessment of its Captain Cook halite (rock salt) deposit, in western Newfoundland. The report would seek to establish a maiden resource... 

Junior miners embrace unconventional strategies to survive economic trials

By: Henry Lazenby The drying up of equity and debt markets coupled with new lows in cash reserves have pushed Canada's junior mining industry on a further downward financial trend, according to PwC's yearly report on the TSX Venture's top 100 junior mining companies. But the industry was looking to innovate and... 

Junior miners embrace unconventional strategies to survive economic trials

PotashCorp withdraws bid for German rival

By: Henry Lazenby The world’s largest potash miner Potash Corporation of Saskatchewan (PotashCorp) on Monday retracted its offer to buy German rival K+S Aktiengesellschaft, citing declining macroeconomic conditions and a lack of interest from K+S management to pursue a deal. K+S had previously rejected the... 

Canada becomes founding partner of historic Trans-Pacific Partnership, to boost resource sectors

By: Henry Lazenby Canada on Monday became one of the 12 founders of the historic Trans-Pacific Partnership (TPP) free-trade agreement (FTA) that could ensure an increase in Canadian exports and investment to member countries, supporting jobs for Canadians at home and abroad. The TPP was a multilateral trade... 

Canada becomes founding partner of historic Trans-Pacific Partnership, to boost resource sectors
Photo by Reuters
Canada's Prime Minister Stephen Harper speaks during a news conference on the TPP trade agreement, in Ottawa.

Mosaic settles with EPA, Florida and Louisiana over waste management claims

By: Henry Lazenby Mosaic Fertilizer, a subsidiary of NYSE-listed The Mosaic Company, has reached settlements with federal and state environmental agencies to resolve claims involving the company's management of certain on-site waste materials at its fertiliser manufacturing facilities in Florida and Louisiana.... 

Mosaic settles with EPA, Florida and Louisiana over waste management claims

African Potash cements Zambia fertiliser deal

By: Natasha Odendaal Sub-Saharan Africa-focused exploration company African Potash has secured a legally binding supply deal for the sale of 50 000 t of fertiliser to a Zambia-based buyer days after setting a $500/t price tag. The Aim-listed company would supply 25 000 t of NPK D Compound and 25 000 t of urea to a... 

African opportunities depend on economic corridors and additional infrastructure 

By: Simon Rees Sub-Saharan Africa continued to face transport bottlenecks and difficulties in bringing large-scale infrastructure projects to fruition, despite increased economic growth and growing population levels, delegates were told at a recent Canada-Southern Africa Chamber of Business infrastructure... 

Potash West reports improved Dinner Hill economics

By: Esmarie Swanepoel Potash developer Potash West has again improved the economics of its proposed Dinner Hill project, in Western Australia, doubling the mine life and increasing the net present value (NPV) by 14%. A previous economic model of the project had estimated an NPV of around A$331-million, with the... 

African Potash clinches fourth African supply deal

By: Megan van Wyngaardt Aim-listed African Potash has entered into a memorandum of understanding (MoU) with a Congolese distributor to supply in excess of 150 000 t of fertiliser into the Democratic Republic of Congo. This marked the fourth fertiliser supply agreement signed since the signing of a landmark trading... 

African Potash secures $500/t fertiliser sale price for Zambia

By: Ilan Solomons Aim-listed exploration company African Potash has reached an agreement to establish a sale price of $500/t for 50 000 t of fertiliser product.  African Potash executive chairperson Chris Cleverly said the deal would see NPK and urea fertilisers delivered in Zambia at a price that “supported the... 

Bauxite Hills delayed by six months

By: Esmarie Swanepoel The start of mining at the Bauxite Hills project, in Queensland, would be delayed by some six months, owner Metro Mining reported on Thursday, as the company confirmed the need for a full environmental-impact statement (EIS). Metro earlier this month flagged that it had been verbally advised by... 

Mining’s long-term outlook positive as urbanisation and infrastructure development intensifies

By: Simon Rees The outlook for the global economy, infrastructure development and mining is not as dismal as many might believe, Deloitte global mining leader Phil Hopwood recently told an audience at the Canada-Southern Africa Chamber of Commerce’s seminar on infrastructure in Southern Africa. “People talk... 

Mining’s long-term outlook positive as urbanisation and infrastructure development intensifies

Stonegate to restart permitting work at high-grade Idaho project

By: Henry Lazenby Phosphate project developer Stonegate Agricom plans to resume permitting activities for its proposed Paris Hills underground phosphate mine, in south-east Idaho, after groundwater testing conducted during the summer confirmed previous groundwater pumping assumptions used in the 2012 feasibility... 

Bauxite Hill faces delay as enviro rules tighten

By: Esmarie Swanepoel ASX-listed Metro Mining might face a complicated environmental approvals process at its Bauxite Hills mine, in Queensland. The miner said on Monday that the Queensland Department of Environment and Heritage Protection (DEHP) had verbally advised the company that they would require a full... 

Ammaroo economics improve in lower cost environment

By: Esmarie Swanepoel The Ammaroo phosphate project, being developed by owner Rum Jungle Resources in the Northern Territory, has seen an upswing in its economics as the Australian dollar faltered. Rum Jungle reported on Wednesday that the base case economic evaluations for the project had been reassessed since the... 

Miners increasingly looking to renewable energy sources to drive operational savings

By: Creamer Media Reporter Current pressures on the mining sector are driving increased interest in the cost savings and power security advantages that renewables could provide mining operations. To this end, a record number of mining leaders will meet with renewable energy and finance experts to network and share... 

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