Kolomela project passes 18-million LTI-free hours

Engineering Consultancy Hatch reports that it has just passed 18-million lost-time injury- (LTI-) free hours at iron-ore producer Kumba Iron Ore’s Kolomela mine, in the Northern Cape, for which it is the engineering, procurement and construction...

April Fools' Day startup for Potash Corp's suspended mines

Potash Corp, the biggest fertiliser producer, said on Friday two of its major mines in Saskatchewan are on track to restart production on April 1, after soft demand led it to idle the Rocanville and Lanigan mines. A spokesperson said the total...

Canpotex-China potash price unchanged in Q2

Shares in Potash Corp rose on Tuesday morning, after Canpotex, the marketing arm of Canada’s potash producers, said prices for the crop nutrient it supplies to China will remain flat in the second quarter. Canpotex, which also includes Mosaic...

Doyle undaunted as potash demand dips

Markets for potash might have seized up at the end of last year and into 2012, but demand will likely bounce back equally quickly, Potash Corp CEO Bill Doyle said on Thursday. “This business turns on a dime,” the head of the world’s biggest...

PotashCorp, Mosaic reach settlement in Esterhazy dispute

PotashCorp and Mosaic have reached an agreement in a dispute over supplies of the crop nutrient from the Esterhazy mine, near Manitoba’s border with Saskatchewan, the companies said on Thursday. Mosaic had in May said it would stop selling...

Stonegate 'quietly confident' on phosphate pricing

Stonegate Agricom, hoping to build a phosphate mine in south-western Idaho, said that food prices should stay strong despite economic growth fears, which would sustain prices for the fertiliser ingredient. “We’re quietly confident that food...

BHP Billiton aggressively pushing forward at potash projects

Mining heavyweight BHP Billiton is “aggressively” pursuing potash projects in Saskatchewan along with its Jansen asset, the company said on Wednesday. “Although these are at an early stage, the data acquired suggests they have the ability...

Potash Corp, Mosaic agree to phosphate price hike with India

Fertiliser companies Potash Corp and Mosaic on Thursday said they agreed with two Indian customers to raise the price of diammonium phosphate by about 10% to $677/t, owing to “strong market conditions”. The agreement is for around one-million...

Finally, a deal between Canpotex and India

It would appear, borrowing Potash Corp CEO Bill Doyle’s analogy, that India’s potash buyers have managed to catch their tail. Agrium CEO Mike Wilson on Wednesday said that Canpotex, the marketing cartel for Canada’s three biggest producers...

Potash Corp eyes even greater growth

The world’s biggest potash producer, Potash Corp, could add a further five-million tons of production, which would take its total capacity to around 22-million tons yearly, CFO Wayne Brownlee said on Wednesday. The company had already unveiled...

Higher phosphate prices ahead

Trouble in North Africa and the Middle East, environmental issues in the US and shrinking exports from China mean there could be a “chronic” shortage of phosphates, used as a crop fertiliser, Profercy Phosphates & NPKs editor Tom Jago said on...

Union unhappy with BHP offer, wants public hearing

The United Steelworkers Union (USW), which represents most of Potash Corporation of Saskatchewan's production workers, has expressed "concern" about BHP's offer for the company, and said it did not see a net benefit to Canada. The Investment...