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Potash
 
POTASH/PHOSPHATE

Mosaic profit dives on low phosphate sales Restricted

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The world’s largest fertiliser producer Mosaic on Tuesday reported an 18% drop in profit for the first quarter of the 2013 financial year, as a result of weak phosphate sales and droughts in key food-producing regions. Mosaic reported net...
2nd October 2012
 
 
POTASH

IC Potash confirms long-term water supply for New Mexico project Restricted

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Toronto-listed IC Potash (ICP), developing the Ochoa project in New Mexico, on Tuesday said a water supply study has confirmed an aquifer’s ability to sustainably supply the project's water needs. The test successfully demonstrated the desired...
11th September 2012
 
 
POTASH

Karnalyte Resources signs EPCM agreement for Saskatchewan project Restricted

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Canadian potash project developer Karnalyte Resources on Thursday said it had signed an engineering, procurement and construction management (EPCM) agreement with Foster Wheeler Canada to provide EPCM services for the Wynyard carnallite project,...
6th September 2012
 
 
DIVERSIFIED MINERS

BHP Billiton shuts silicomanganese plant, impairment tests aluminium Restricted

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Diversified miner BHP Billiton has shut its Metalloys silicomanganese plant in Meyerton “permanently” and confirmed that its South African aluminium assets have been subjected to impairment testing. With the outlook for energy coal also...
22nd August 2012
 
 
PROJECT FINANCING

Sprott closes $7.5m financing with Idaho phosphate developer Restricted

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Strategic lending firm Sprott Resource (SRC) on Tuesday said it had closed a $7.5-million deal with phosphate project developer Stonegate Agricom to assist it with environmental permitting activities at its Paris Hills phosphate project, in...
21st August 2012
 
 
POTASH

Polyhalite – an almost forgotten potash source back from the brink Restricted

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It would seem as if an old kid is back on the potash block in the form of polyhalite, from which sulphate of potash (SOP), among other products, is produced, as three contemporary companies vie to enter a newly expanding market. SOP was initially...
17th August 2012
 
 
Potash

Solar de Olaroz lithium-potash project, Argentina Restricted

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A lithium-potash mine located in Argentina’s north-western province of Jujuy.
3rd August 2012
 
 
PLATINUM

Amplats’ Nqwababa rejects platinum exchange, backs consolidation Video Available Restricted

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Bongani Nqwababa and Martin Creamer Struggling platinum major Anglo American Platinum (Amplats), which is reeling from a R264-million “bloodbath” loss for the first six months of 2012, is against the formation of a potash-type single-channel marketing organisation to stabilise...
24th July 2012
 
 
 
 
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