http://www.miningweekly.com

Global Mining News in real time

Potash News

Potash miner Sirius wins approval for mine in British national park

By: Reuters Potash mine developer Sirius minerals on Tuesday won the go-ahead to build a large mine in a scenic national park in Yorkshire, northern England, a company spokesman said, clearing a major hurdle in the construction of the $3-billion project. The North York Moors National Park's planning... 

Urgent govt, business cooperation needed to end South Africa’s crisis – Turok

By: Martin Creamer The time had come for government and business to find ways and means of working together to end South Africa’s current economic stagflation crisis, United Nations Commission for Africa (UNCA) mineral value chain lead consultant, anti-apartheid struggle veteran and former African National Congress... 

Urgent govt, business cooperation needed to end South Africa’s crisis – Turok
ANC MP Ben Turok

PotashCorp confirms potential play for Germany’s K+S

By: Creamer Media Reporter Potash Corporation of Saskatchewan (PotashCorp) has made a private proposal to Germany-based K+S to negotiate the acquisition of the company – Europe's largest supplier of potash for fertiliser use. TSX- and NYSE-listed PotashCorp advised in a statement that there was no certainty that an offer... 

Centrex to impair iron-ore assets as it shifts focus to potash

By: Creamer Media Reporter Metals developer Centrex Metals will write down the noncash carrying value of its South Australian iron-ore portfolio and shift its focus to the development of the Oxley potash project, in Western Australia. The ASX-listed company on Wednesday said the recent volatility in spot and long-term... 

ICL completes Allana Potash acquisition, gains strong position in Ethiopia

By: Henry Lazenby Israel-based agriculture, processed food and engineered materials markets orientated firm ICL has completed its C$137-million acquisition of Canadian explorer Allana Potash. The closing on Monday followed approval by Allana's security holders and Ontario's Supreme Court of Justice of ICL's offer... 

India looking to clinch mining deals with Kazakhstan

By: Ajoy K Das India and Kazakhstan are laying the groundwork for a string of greenfield mining and mineral projects through government-to-government deals during Prime Minister Narendra Modi’s forthcoming visit to the central Asian nation. On the Indian side, an interMinisterial working group comprising... 

India looking to clinch mining deals with Kazakhstan
India Prime Minister Narendra Modi

MBAC’s Itafos in legal hot water that could scupper strategic review

By: Henry Lazenby Brazil-focused project developer MBAC Fertilizer on Monday reported that subsidiary Itafós Mineracão was facing two lawsuits that could derail progress made with the company’s strategic review process. The TSX-listed company said that it was defending itself against claims laid by the Brazilian... 

Arianne Phosphate and Quebec First Nations ink cooperation covenant

By: Henry Lazenby Development-stage phosphate mining company Arianne Phosphate has achieved a significant milestone in developing its Lac à Paul project, in Quebec's Saguenay-Lac-Saint-Jean region, after signing a cooperation agreement with local First Nations. The Innu clans of Pessamit, Essipit and Mashteuiatsh... 

South Africa’s geoscience ‘desperately’ underfunded – Nedbank Capital 

By: Martin Creamer Government geoscientists are desperately underfunded, which is depriving South Africa of the geological potential that is essential for minerals exploration. There is an absence of investment in large, regional geological exercises and masters students are not being trained in the... 

South Africa’s geoscience ‘desperately’ underfunded – Nedbank Capital
Photo by Duane Daws
Paul Miller

Mergers and acquisitions drop 46% q/q – KPMG

By: Henry Lazenby During the three months ended March 31, the global mining industry has recorded the lowest number of mergers and acquisitions (M&A) transactions in years, recording only 14 transactions worldwide. This represented a drop of 46% quarter-over-quarter, professional services firm PwC said in its... 

Potash West doubles Dinner Hill resource

By: Esmarie Swanepoel ASX-listed Potash West has doubled the indicated resource estimate at its Dinner Hill phosphate and potash project, in Western Australia, while grades increased by 4%. Drilling carried out in 2014 and 2015 has now pushed the Dinner Hill indicated resource to 250-million tonnes, grading 2.9%... 

Engineers appointed to newly acquired Oxley potash project – Centrex

By: Creamer Media Reporter ASX-listed Centrex Minerals has appointed two engineering houses to the first phase of work on its newly acquired Oxley potash project, near Geraldton, in Western Australia. Amec Foster Wheeler has been appointed to undertake a technical literature review of processing route options to extract... 

Canadian Mining Eye Index slows decline – EY

By: Henry Lazenby Professional services firm EY’s Canadian Mining Eye Index had slowed its decline in the three months ended March 31, falling only 1% compared with a 12% decline in the fourth quarter last year. The index, which tracked the Canadian mining sector performance of 100 TSX- and TSX-V-listed midtier... 

African Potash extends capital raise

By: Megan van Wyngaardt Aim-listed African Potash has extended the placing of new ordinary shares to raise funds to redeem outstanding convertible securities and for the group's ongoing working capital requirements. The exploration company would, by Friday, issue a further 25-million new shares at 0.3p apiece, raising... 

India’s higher potash import price threatens volumes

By: Ajoy K Das Having failed in a bid to avoid a price hike in the first two potash import deals for the financial year, fertiliser producers in India expected inward shipments of fertiliser minerals to drop during 2015/16. Indian potash importers have concluded their first two deals of the year, of... 

Maiden reserve declared at Colluli

By: Esmarie Swanepoel Potash developer South Boulder Mines has reported a maiden Joint Ore Reserves Committee-complaint reserve of 1.1-billion tonnes, grading 10% potassium oxide, for 205-million tonnes sulphate of potash at its Colluli project, in Eritrea. Some 287-million tonnes of the reserve was classified as... 

Fertoz says Canada phosphate project economically viable

By: Esmarie Swanepoel Scoping study into ASX-listed Fertoz’ Wapiti phosphate project, in British Columbia, has proven the project to be economically viable, the ASX-listed company reported on Thursday. The study estimated that a capital spend of C$2.7-million would be required to develop Stage 1 of the project, which... 

O'Rourke to succeed Prokopanko as Mosaic president, CEO

By: Henry Lazenby US potash and fertiliser producer The Mosaic Company announced on Wednesday that the board has chosen executive VP for operations and COO James ‘Joc’ O'Rourke to succeed James Prokopanko as president and CEO, effective from August 5. Prokopanko would continue to serve as senior advisor until his... 

Highfield announces A$101m raising to build Spain potash mine

By: Esmarie Swanepoel Potash hopeful Highfield Resources resumed share trading on the ASX on Monday, after announcing to the market that it would raise about A$101-million through a share placement. Highfield announced to shareholders that it would place some 56.12-million shares, at a price of A$1.80 each, to... 

Potash West agrees to sell South Harz stake

By: Esmarie Swanepoel ASX-listed junior Potash West has inked a binding term sheet with fellow-listed Petratherm to divest of its 55% shareholding in the South Harz project, in central Germany. Potash West announced on Monday that its East Exploration subsidiary would receive 55-million fully paid ordinary shares in... 

Productivity  improved through mine design enhancement

Many existing mines face the dilemma of how to reduce their operating costs while improving productivity in ever more challenging geological and operating conditions, meaning precise mine design becomes the key to project success, says independent technology services company DMT. 

Productivity  improved through mine design enhancement
DEMANDING CONDITIONS South Africa has mining operations with depths exceeding 3 500 m, which has resulted in the development of some of the most modern equipment available worldwide

Oxley sale goes unconditional - Sheffield

By: Esmarie Swanepoel ASX-listed Sheffield Resources on Thursday announced that the sale of its Oxley potash project, in Western Australia, to fellow-listed Centrex Metals has been declared unconditional. In March, Centrex announced that it would acquire the project for A$2.5-million. 

Highfield halts shares as it hopes for cash

By: Esmarie Swanepoel ASX-listed potash hopeful Highfield Resources went into a trading halt on Thursday, with the company saying it was on the brink of a "significant" capital raising. A definitive feasibility study into Highfield’s Muga project, in Spain, recently estimated that a capital investment of $256-million... 

Phosphate Australia spurns improved offer

By: Esmarie Swanepoel The directors of ASX-listed Phosphate Australia have rejected an increased offer from suitor Mercantile Investment, saying the revised offer still undervalued the company. Mercantile on Wednesday upped its offer price for Phosphate Australia shares from 2c each, to 2.2c each. 

Phosphate Australia spurns improved offer

Muga's by-products prove profitable for Highfield

By: Esmarie Swanepoel A scoping study into a proposed slimes crystallisation plant at the Muga potash project, in Spain, has proven the opportunity to generate production and revenue from by-products, ASX-listed Highfield Resources said on Friday. The scoping study was done in addition to a definitive feasibility... 

N American potash producers improve Q1 earnings on higher prices, lower costs

By: Henry Lazenby Two of North America’s largest potash and fertiliser producers, Canada’s Potash Corp of Saskatchewan and US-based The Mosaic Company, have improved their first-quarter earnings on the back of better prices and lower costs. Following a period of “especially robust” potash markets, demand and... 

N American potash producers improve Q1 earnings on higher prices, lower costs

South32 weakness hidden – Investec

By: Martin Creamer Good overall third-quarter production performance by BHP Billiton hid the weaker performance of most of the assets that make up South32, Investec Securities mining analyst Hunter Hillcoat says. BHP Billiton intends simplifying its portfolio by demerging the South32 metals and mining company,... 

South32 weakness hidden – Investec
Photo by Duane Daws
Graham Kerr

South Boulder shakes tin for potash studies

By: Esmarie Swanepoel Potash developer South Boulder Mines was hoping to raise some A$6-million through a share placement and rights issue to fund the completion of its definitive feasibility study for the Colluli potash project, in Eritrea. South Boulder on Tuesday announced that it would place about 10.97-million... 

Vale reports record Q1 iron-ore output despite price rout

By: Henry Lazenby Brazil-based global miner Vale has reported record first-quarter iron-ore output despite a global supply glut that wis being compounded by waning demand from China, the world’s top importer of the steelmaking ingredient. For the three months ended March 31, total iron-ore output, excluding... 

Vale reports record Q1 iron-ore output despite price rout

Canada’s mining industry welcomes federal budget 

By: Henry Lazenby Canada's national mining association has welcomed the Conservative government’s balanced federal budget 2015, citing its pleasure with renewed funding for critical areas such as environmental assessments, the Major Projects Management Office, Aboriginal education and training, and geoscience.... 

Canada’s mining industry welcomes federal budget
Photo by Reuters
Canada's Finance Minister Joe Oliver on Tuesday tabled a C$990.3-billion balanced budget.

Highfield’s Sierra del Perdon demonstrates robustness of project pipeline

By: Esmarie Swanepoel A scoping study into Spanish potash developer Highfield Resources’ Sierra del Perdon project has estimated that the project could deliver 520 000 t/y of granular potash. The scoping study estimated that the project would require a capital investment of $233-million, and projected operating... 

First
Prev
1
2 3 4 5 6 7 8 9 Next Last

Latest News

more

Latest Videos

more

Topics In These Articles

RSS Feed

About

Mining Weekly is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Engineering News
Research Channel Africa
Polity

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on MiningWeekly.com is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
R/€ = 13.57Change: -0.02
R/$ = 12.24Change: -0.09
Au 1169.85 $/ozChange: -4.66
Pt 1085.50 $/ozChange: 6.00
 
Subscribe Now for $96
Subscribe Now for $96 Close