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Potash News

Jan Steenkamp appointed MD of Kropz’s Elandsfontein phosphate mine

By: Marleny Arnoldi     14th February 2019 Aim-listed emerging phosphate producer Kropz has appointed Jan Steenkamp MD of the company’s 74%-owned Elandsfontein project, in South Africa’s Western Cape province. Steenkamp is a South African mining industry veteran and has managed mining operations across a number of commodities. He also... 

Xolobeni judgment continues to confound 

By: Martin Creamer     11th February 2019 Mining must take place with a strong focus on the interests of those who live in mining areas, says Mineral Resources Minister Gwede Mantashe, a standpoint that supports the notion that a mining right and a land right can co-exist, without pleasing one party at the expense of the other.  But the... 

Xolobeni judgment continues to confound
Mineral Resources Minister Gwede Mantashe

Australian Potash raises cash for Lake Wells studies

By: Esmarie Iannucci     11th February 2019 ASX-listed Australian Potash will raise up to A$5.2-million through a renounceable rights issue to complete a definitive feasibility study on the Lake Wells potash project, in Western Australia. The company on Monday said that it would offer three rights shares for every 14 shares held, at an... 

ABR slashes costs at US borate project

By: Esmarie Iannucci     31st January 2019 ASX-listed American Pacific Borate and Lithium (ABR) is considering a lower cost development at its Fort Cady borate project, in Southern California. A December definitive feasibility study (DFS) considered a three-phase construction, with Phase 1 to deliver some 82 000 t/y of boric acid and 36... 

Colluli could be game changer for Eritrea – report

By: Esmarie Iannucci     30th January 2019 An independent report commissioned by the United Nations Development Programme has found that the Colluli potash project had the potential to significantly boost the Eritrean economy and advance that country’s sustainable development agenda. “The report reinforces the uniqueness of Colluli. We... 

Kola gets $2.1bn price tag

By: Esmarie Iannucci     29th January 2019 The Kola potash project, in the Republic of the Congo (also known as Congo-Brazzaville), is expected to cost $2.1-billion to develop, triple-listed Kore Potash said on Tuesday. The ASX-, JSE- and Aim-listed company revealed that Kola would have a nameplate capacity of 2.2-million tonnes a year of... 

Kropz anticipates first phosphate ore from long-awaited Elandsfontein by year-end   

By: Marleny Arnoldi     23rd January 2019 Aim-listed emerging phosphate producer Kropz is finalising the design of processing plant upgrades at its 74%-owned Elandsfontein project, in South Africa, with first ore to be produced by the end of the year. The mine will ramp up to steady-state production of one-million tonnes a year during... 

Kropz anticipates first phosphate ore from long-awaited Elandsfontein by year-end
Kropz CEO Ian Harebottle discuss their phosphate mining and exploration projects. Video and editing: Darlene Creamer

Kalium Lakes gets enviro nod for Beyondie

By: Esmarie Iannucci     23rd January 2019 ASX-listed Kalium Lakes has received environmental approval for its Beyondie sulphate of potash (SOP) project, in Western Australia. The environmental approval covers the Stage 1 area of the Beyondie project, which is based on the base case production of 164 000 t/y of SOP over a mine life of 30... 

Packed work programme ahead for Emmerson’s Morocco potash project

By: Marleny Arnoldi     15th January 2019 LSE-listed mine developer Emmerson CEO Hayden Locke has confirmed that numerous workstreams are under way or due to start throughout this year, including drilling, testing, prefeasibility and discussions with partners and offtakers, at the Khemisset potash project, in Morocco. The company... 

Packed work programme ahead for Emmerson’s Morocco potash project
Photo by Bloomberg
Potash ore

Sunrise Resources raises £350 000

By: Tasneem Bulbulia     9th January 2019 Aim-listed Sunrise Resources has raised £350 000 before expenses, through a conditional placing of 291.67-million shares at a price of 0.12p apiece, representing a discount of about 14% to the closing mid-market price on January 8. The net funds raised will be applied primarily to the company’s... 

Mosaic company enters into MoU with Sinochem

By: Tasneem Bulbulia     9th January 2019 Concentrated phosphate and potash crop nutrients producer Mosaic Company has entered into a memorandum of understanding (MoU) with Sinochem, China’s largest agricultural inputs company, for the supply of phosphate rock and phosphate fertilisers, including premium products. “We are pleased to... 

Mosaic secures last remaining permit for Ona phosphate mine

By: Simone Liedtke     7th January 2019 NYSE-listed Mosaic Company has acquired the US Army Corps of Engineers 404 permit for its Ona phosphate mine project, in Hardee County, in Florida. The 404 permit was the final remaining permit for the project and secured 160.2-million tonnes of phosphate rock for future mining, the phosphate and... 

BHP's $20bn Canadian potash dilemma: To build or not?

By: Bloomberg     13th December 2018 BHP Group may be heading for another clash with investors as the world’s biggest miner gets closer to a decision on whether to build, sell or mothball its $20-billion potash project. The Jansen mine in Canada is aimed at giving the company exposure to rising global food demand and represents... 

BHP's $20bn Canadian potash dilemma: To build or not?
BHP CEO Andrew Mackenzie

Western Australia lowers rental rates for potash projects

By: Esmarie Iannucci     13th December 2018 The Western Australian has announced a suite of measures to assist in developing potash projects in the region. Mines and Petroleum Minister Bill Johnston on Thursday said that due to the unique nature of potash projects, the state government would introduce a new rental rate for potash projects... 

Western Australia lowers rental rates for potash projects

Enable meaningful participation, pleads Women in Mining chair  

By: Martin Creamer     12th December 2018 The Mining Charter has significant room for improvement to enable meaningful participation of women in mining, says Women in Mining South Africa (WiMSA) chairperson Lindiwe Nakedi. Soweto-born Nakedi, who owns Gubhani Exploration – a surface exploration drilling company that is currently the only... 

Enable meaningful participation, pleads Women in Mining chair
Women in Mining chairperson and Gubhani Exploration MD Lindiwe Nakedi talks to Mining Weekly Online’s Martin Creamer. Video: Nicholas Boyd. Photographs: Creamer Media Chief Photographer Dylan Slater.

Mining convention for Kore’s Kola, Dougou prospects finalised

By: Marleny Arnoldi     7th December 2018 Dual-listed Kore Potash announced on Friday that the mining convention covering the company’s proposed staged development of the Kola and Dougou mining prospects has been finalised, following ratification by the parliament of the Republic of Congo. The gazetting of the mining convention allows... 

Mariana lithium brine JV to produce 10 000 t/y – study

By: Creamer Media Reporter      7th December 2018 The Mariana lithium brine joint venture (JV) project between China’s Ganfeng Lithium and Canadian junior International Lithium has the potential to produce 10 000 t/y of lithium carbonate equivalent (LCE) and 84 000 t/y of sulphate of potash (SOP), a preliminary economic assessment (PEA) has... 

Danakali secures mandate for Colluli debt

By: Esmarie Iannucci     6th December 2018 Potash developer Danakali has executed a mandate for $200-million debt financing to fund the construction and development of the Colluli potash project, in Eritrea. The ASX and LSE-listed company on Thursday told shareholders that African Export-Import Bank and Africa Finance Corporation will... 

Innovate and generate cash at same time – Dassault Systèmes Geovia  

By: Martin Creamer     5th December 2018 The objectives of innovating and generating cash are not mutually incompatible and can be achieved at multiple levels simultaneously, says Dassault Systèmes Geovia Brand CEO Raoul Jacquand, who was in Johannesburg to showcase the French company’s suite of advanced three-dimensional (3D) software.... 

Innovate and generate cash at same time – Dassault Systèmes Geovia
Dassault Systèmes Geovia Brand CEO Raoul Jacquand spoke to Mining Weekly Online’s Martin Creamer on new mining technology. Video: Christo Greyling. Photogaphs: Creamer Media Chief Photographer Dylan Slater.

Kore expects extensions to existing sylvinite deposits at Sintoukola

By: Tasneem Bulbulia     21st November 2018 Kore Potash on Wednesday provided an update to its exploration targets for potential extensions of the Kola and Dougou Extension sylvinite deposits at its 97%-owned Sintoukola potash project in the Republic of Congo. These exploration targets have been identified as part of the work programme to... 

K+S cuts outlook after dry weather weighs on production

By: Reuters     15th November 2018 German potash miner K+S lowered its full-year earnings guidance on Thursday after a severe drought hampered production at its main mine network in the third quarter. The company now forecasts earnings before interest, taxes, depreciation and amortisation (Ebitda) between €570-million and... 

Danakali welcomes UN lifting of sanctions against Eritrea

By: Tasneem Bulbulia     15th November 2018 A decision by the United Nations (UN) to lift an arms embargo, travel ban and asset freeze against Eritrea should have a positive impact on foreign investment and enhance international trade opportunities, leading to improved economic outcomes for the people of Eritrea, potash mining company... 

Salt Lake raises A$13m for Lake Way

By: Esmarie Iannucci     9th November 2018 ASX-listed Salt Lake Potash will raise A$13-million through a share placement to institutional and sophisticated investors, to fund the development of its Lake Way project, in Western Australia. The company on Friday said that some 31-million new shares will be placed at a price of 42c a share,... 

Premier African Minerals’ shares fall on proposed restructuring

By: Creamer Media Reporter      7th November 2018 Aim-listed Premier African Minerals’ share price on the LSE fell by 39% on Wednesday after it announced a proposed restructuring of its Zimbabwean minerals projects and a demerger. Premier plans to establish a new wholly-owned subsidiary Newco, into which it will consolidate its entire interests... 

Nutrien permanently closes New Brunswick facility

By: Mariaan Webb     6th November 2018 Potash major Nutrien said that it would permanently close the idled New Brunswick potash facility and that it had recorded a $1.8-billion noncash impairment in its third-quarter results, which were announced on Monday. In early 2016, when Nutrien was still known as Potash Corp of Saskatchewan... 

Nutrien permanently closes New Brunswick facility
The New Brunswick potash facility

Infinity seeks strategic partner for Spain lithium project

By: Mariaan Webb     5th November 2018 Project developer Infinity Lithium, formerly Plymouth Minerals, is scouting for a strategic partner for its lithium project in Spain, or to enter into a corporate transaction that “builds shareholder value”, MD and CEO Ryan Parkin said on Monday. In a shareholder email, he said the ASX-listed... 

Kore shares soar on Kola DFS update

By: Mariaan Webb     1st November 2018 Shares in London-listed Kore Potash soared about 50% on Thursday, after the company provided a further update about the definitive feasibility study (DFS) for its Sintoukola (Kola) potash project, in the Republic of Congo. The potash explorer and developer said that the French consortium of... 

Kore nears DFS, mining licence finalisation for Kola project

By: Marleny Arnoldi     30th October 2018 Aim- and JSE-listed Kore Potash is finalising the remaining volume of documents needed to complete a definitive feasibility study (DFS) for the company’s Sintoukola (Kola) potash project, in the Republic of Congo (RoC). “Completion of the study is a critical step towards unlocking the potential... 

Indian potash import prices surge 21%

By: Ajoy K Das     17th October 2018 Indian potash import prices have surged 21% to about $290/t for deliveries contracted between September 2018 and July 2019. Importers have warned that higher prices, coupled with a sharp depreciation of the Indian rupee below the Rs73 a dollar mark, would sharply increase the landed price of... 

Highfield ups capital cost estimate for Spain potash project

By: Esmarie Iannucci     15th October 2018 An optimised feasibility study into the Muga potash project, in Spain, has increased the project capital cost requirements, ASX-listed Highfield Resources reported on Monday. A 2015 definitive feasibility study estimated a capital investment of $256-million would be required to deliver... 

Plea for govt to awaken to massive economic potential of mining  

By: Martin Creamer     10th October 2018 A plea for the government to awaken to the massive real potential of the South African mining sector was made on Wednesday by Eunomix CEO Claude Baissac, who decried the disincentivising of South African mining over the past 20 years as an inexplicable paradox and a massive mineral policy... 

Plea for govt to awaken to massive economic potential of mining
Eunomix CEO Claude Baissac talks to Mining Weekly Online’s Martin Creamer on South Africa’s massive mining opportunity loss. Video, Video Editing and Photographs: Christo Greyling.

Chinese delegation to witness proudly South African logging system 

By: Martin Creamer     8th October 2018 The high-ranking delegation from China, which is due to arrive in South Africa next Monday to undertake a three-week study of South Africa’s globally recognised mineral reporting codes, will be given insight during their visit into a South African borehole logging system that is poised to go... 

Chinese delegation to witness proudly South African logging system
Samcodes Standards Committee chairperson Matt Mullins interviewed by Mining Weekly Online’s Martin Creamer. Video and Video Editing: Nicholas Boyd. Photographs: Dylan Slater.

Salt Lake gets approval for Williamson pond

By: Esmarie Iannucci     8th October 2018 The Western Australian Department of Mines, Industry Regulation and Safety has given ASX-listed Salt Lake Potash the go-ahead to construct a pond system to dewater the Williamson pit, at its Lake Way project. The Williamson pond will be the first operational scale sulphate of potash (SOP)... 

Ecanto says COO of three months steps down

By: Creamer Media Reporter      8th October 2018 Canadian potash junior Ecanto Potash on Friday announced the departure of Richard Lively from the company – only three months after he was appointed COO. The company did not provide a reason for Lively’s departure, but stated that it would continue its efforts to reduce projected capital... 

Chinese delegation to study South Africa’s mineral codes

By: Martin Creamer     2nd October 2018 South Africa’s meticulous set of mineral reporting codes has succeeded in attracting a high-ranking Chinese delegation from the Mineral Resources and Reserves Evaluation Centre of the Ministry of Land and Natural Resources (MRREC) in Beijing. South Africa’s Samcodes Standards Committee (SSC) will... 

Chinese delegation to study South Africa’s mineral codes
Photo by Creamer Media
Samcodes Standards Committee chairperson Matt Mullins

DRA Global confirmed as preferred EPCM contractor for Colluli

By: Tasneem Bulbulia     27th September 2018 Danakali has, on behalf of the Colluli Mining Share Company (CMSC), confirmed DRA Global as the preferred engineering, procurement and construction management (EPCM) provider for the Colluli potash project, in Eritrea. This represents another critical milestone for the project, reinforcing that... 

Ramaphosa moves to revitalise mining, create certainty

By: Martin Creamer     21st September 2018 It is imperative that South Africa restores investment and exploration levels in the mining sector as mining and mineral beneficiation activities have significant potential to drive long term growth, exports and job growth, President Cyril Ramaphosa said in his economic stimulus and recovery plan... 

Ramaphosa moves to revitalise mining, create certainty
President Cyril Ramaphosa

Kalium completes BFS for Beyondie SoP project

By: Mariaan Webb     18th September 2018 ASX-listed Kalium Lakes has completed a “compelling” bankable feasibility study (BFS) for the Beyondie sulphate of potash (SoP) project, in Western Australia, prompting the board to approve early works and front-end engineering and design work ahead of a final investment decision. The BFS... 

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