R/€ = 16.49 Change: 0.05
R/$ = 14.40 Change: 0.04
Au 1228.10 $/oz Change: 5.78
Pt 831.50 $/oz Change: -2.11


Mosaic reports Q2 earnings, increases FY Ebitda guidance

By: Mariaan Webb     7th August 2018 NYSE-listed fertiliser company Mosaic on Monday reported second-quarter earnings of $97.9-million, on net sales of $2.2-billion and increased its earnings before interest, taxes, depreciation and amortisation (Ebitda) range on strong underlying business performance and lower full-year taxes. The... 

RADIA shakes it up in its explosion-proof mixer with Optidrive Compact

2nd July 2018 A leading manufacturer of commercial and industrial mixers and shakers in the United States has chosen Invertek Drives Optidrive Compact 2 for its new explosion-proof gyroscopic mixer. RADIA, formerly known as Red Devil Equipment Co, based at Plymouth, MN, is using the OEM drive in its 5025 Red D... 

Alastair Macfarlane

By: Martin Creamer     22nd June 2018 This week Mining Weekly features Alastair Macfarlane, the co-director of the Mandela Mining Precinct, which is re-establishing research and development capacity and capability for the South African mining industry at Carlow Road in Johannesburg 

Board and management changes announced at Plymouth

By: Mariaan Webb     7th February 2018 Lithium-focused Plymouth Minerals on Wednesday announced board and management changes as part of its continued focus to advance the San Jose lithium/tin project, in Spain. Plymouth, which plans to change its name to Infinity Lithium, said it had strengthened its executive team with the... 

Plymouth to become Infinity Lithium, puts Gabon potash assets on the block

By: Mariaan Webb     25th January 2018 ASX-listed Plymouth Minerals, which is earning in to the San Jose lithium/tin project in Spain, has announced that it will sell its potash assets and change its name to reflect its sole focus. In an emailed newsletter, CEO and MD Adrian Byass said on Thursday that the name change to Infinity... 

Plymouth advances feasibility study at San Jose

By: Megan van Wyngaardt     10th January 2018 After completing a successful $6.5-million capital raising in December, ASX-listed Plymouth Minerals has started the San Jose feasibility study, which it intends to complete during this year. To finalise the process of lodging the mining licence application (MLA), which earned Plymouth its... 

San Jose feasibility study fully funded

By: Megan van Wyngaardt     13th December 2017 ASX-listed Plymouth Minerals has received commitments to raise $6.5-million through the issue of 36.4-million shares at $0.18 apiece, with the funds committed towards the completion of a feasibility study at its San Jose lithium/tin project, in the mining region of Extremadura, Spain. The company... 

Plymouth hoping for strategic industry partner for San Jose project

By: Mariaan Webb     24th November 2017 Exploration and development company Plymouth Minerals is aiming to attract a strategic industry partner for the development of its flagship lithium project in Spain and said on Friday that it was in discussions with European gigafactory developers. The San Jose project, in which Plymouth has a... 

Plymouth lodges San Jose mining licence application, earns 50%

By: Creamer Media Reporter      11th October 2017 ASX-listed junior Plymouth Minerals has earned a 50% interest in the San Jose lithium/tin project from Spanish partner Valoriza Mineria by spending €1.5-million to complete the technical work at the project in 12 months. Plymouth can now earn a further 25% in San Jose by completing a feasibility... 

Plymouth selects processing route for Spain project

By: Mariaan Webb     17th August 2017 Australia’s Plymouth Minerals and joint venture (JV) partner Valoriza Mineria have selected a commercial and known sulphate calcine/roast and fresh water leach processing route for the San Jose lithium/tin deposit, in Spain. The selection of a processing route allows the JV partners to determine... 

Tangible growth seen in global lithium market, says project developer

By: Mariaan Webb     11th July 2017 The global lithium market has witnessed “significant and tangible” change in recent weeks, with Europe embracing lithium-ion energy storage on a political and industry level, says project developer Plymouth Minerals. The company, which is developing the San Jose lithium/tin deposit in regional... 

Plymouth starts drilling to further define San Jose resource

By: Megan van Wyngaardt     6th July 2017 Drilling, aimed at testing extensions of lithium-tin mineralisation at Plymouth Minerals’ San Jose project, in Spain, has started. The ASX-listed company, which is developing the project in an earn-in joint venture with Spanish company Sacyr and its wholly owned subsidiary Valoriza Mineria, on... 

Expansion tenure secured for Plymouth’s Spain project

By: Mariaan Webb     29th May 2017 ASX-listed Plymouth Minerals and its Spanish partner Sacyr subsidiary Valoriza Mineria have secured an expansion tenure surrounding the San Jose project, in Spain, which they plan to develop as an openpit operation with an onsite treatment plant to produce lithium carbonate. The expansion tenure... 

World's nutrient-poor farms get a vitamin boost from zinc mines

By: Bloomberg     18th April 2017 Injecting an industrial metal back into the ground could prove a boon for farmers and miners alike. The metal is zinc. Used mostly to reduce corrosion in iron and steel, zinc also is needed in trace amounts to keep humans and plants healthy. Without it in their diets, people are prone to... 

Mosaic to idle Colonsay mine

By: Henry Lazenby     14th July 2016 NYSE-listed The Mosaic Company will idle its 2.6-million-tonne Colonsay potash mine, in Saskatchewan, for the remainder of 2016 and halt current turnaround activities, the company announced Wednesday. "Lower global potash demand and market prices require that we curtail production. Idling... 

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

By: Henry Lazenby     3rd November 2015 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... 

Drakelands mine, UK

By: Sheila Barradas     23rd October 2015 A tin/tungsten mine located about 10 km north-east of Plymouth, near Plympton, in Devon, in the UK. 

Mosaic nearly triples Q4 earnings on the back of robust fertiliser demand

By: Henry Lazenby     11th February 2015 The NYSE-listed stock of The Mosaic Company rose on Wednesday after the US-based concentrated phosphate and potash crop nutrients producer reported that fourth-quarter earnings had almost tripled year-over-year on the back of strong fertiliser demand. The Plymouth, Minnesota-based company noted... 

First British Metal Mine in 40 Years Chooses Modular Buildings

29th August 2014 Wernick Buildings has announced it has been awarded a contract to supply all permanent site buildings at the £130m tungsten mine near Plympton. The order is worth approximately £800,000 and will involve the design and installation of three modular buildings and four standalone cabins. The cabins... 

Mosaic CFO takes reins as CEO Prokopanko takes medical leave

By: Henry Lazenby     30th May 2014 The CEO of US fertiliser and phosphates company Mosaic, James Prokopanko, will take medical leave to undergo surgery to treat cancer, the Plymouth-based fertiliser maker said on Thursday. Mosaic announced that CFO Larry Stranghoener would step in as interim CEO, beginning June 1, the... 

Mosaic announces $1bn share buy-back despite 79% Q4 profit slump

By: Henry Lazenby     12th February 2014 US fertiliser and phosphates company Mosaic on Tuesday reported a 79% slump in fourth-quarter earnings, as soft demand and weak prices hindered its performance. However, a strong 2014 outlook and a $1-billion top up its $2-billion share buyback programme announced in December buoyed the... 

Mosaic posts sharply lower Q3 earnings

By: Henry Lazenby     5th November 2013 Plymouth, Minnesota-based crop nutrients producer Mosaic Company on Tuesday reported a 70% drop in third-quarter profit as the prevailing cautious market defers buying in expectation of lower prices, following the unexpected July unravelling of the world's largest potash cartel, the Belarus... 

The 'greatest copper port' in Queen Victoria’s empire

By: Jade Davenport     1st November 2013 Britain, particularly England and Wales, is littered with a plethora of monuments and museums that seek to pay homage to the kingdom’s diverse mining and industrial heritage. The region that is perhaps the most richly endowed with such relics, monuments and historical attractions is the county of... 

Mosaic earnings down on lower prices, market improvement expected

By: Henry Lazenby     10th January 2013 The world’s largest phosphate fertiliser producer Mosaic has reported a 16% decline in net sales during its second fiscal quarter 2013, driven by lower phosphate and potash volumes and lower phosphate prices. The Plymouth, Minnesota-based company reported second quarter 2013 net earnings of... 


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