BHP Billiton approves more funds for Canada potash project

BHP Billiton, the world's biggest mining company, has given the green light for another $488-million to develop its Jansen potash project in Canada's Saskatchewan province. The money will go towards site preparation and orders for long-lead-time...

Mining companies pressed to boost production amid record prices, rising demand

The Canadian mining sector in the first quarter of 2011 looks and feels starkly different compared with the industry that rang in the New Year just two years earlier

BHP submits environmental impact statement for Jansen project

BHP Billiton has submitted an environmental-impact statement for its Jansen potash project, in Saskatchewan, to provincial authorities for review. The project, about 140 km east of Saskatoon, is expected to produce about eight-million tons a year...

Quadra's DMC unit will build potash shafts for BHP

DMC Mining Services, the mining services subsidiary of base-metals producer Quadra FNX Mining, has signed a contract to build two new mine shafts for BHP Billiton at its Jansen potash project in Saskatchewan. The entire contract is valued at...

Potash Corp announces $2bn share buy-back plan after scrapped BHP offer

Potash Corporation of Saskatchewan has approved a share repurchase programme under which it can buy back up to $2-billion of its common shares over a one-year period, the firm announced on Tuesday. Purchases under the program can begin on...

Canada blocks BHP's offer for Potash Corp

The Canadian government has given a red light to BHP Billiton's plan to buy Potash Corporation of Saskatchewan

Canada extends deadline for decision on BHP-Potash deal

Canadian Industry Minister Tony Clement has extended the deadline for a decision on whether BHP Billiton can acquire Potash Corporation of Saskatchewan by 30 days. “I have extended the timeline for making my determination of BHP Billiton’s...

Potash lawsuit won't be 'major hurdle' for BHP bid – Liberum

A lawsuit filed by Potash Corporation of Saskatchewan against BHP Billiton is not likely to be a “major hurdle” to the bigger company's hostile $40-billion takeover bid for Potash, analysts at Liberum Capital said on Thursday. “We see...

Saskatchewan commissions review on Potash Corp, mulls options

The government of Saskatchewan has hired the Conference Board of Canada for an independent analysis of a proposed takeover of Potash Corporation of Saskatchewan, as it mulls the implications of a $40-billion hostile offer for the group....

Potash Corp on the offensive over BHP 'cold calls'

Potash Corporation of Saskatchewan, which is fending off a hostile takeover bid from BHP Billiton, has slammed the bigger miner for alleged “cold calls” to Potash Corp's customers. In a letter to customers, filed with the SEC, Potash Corp...

BHP doubles profit, vows won't overpay for Potash Corp

BHP Billiton, the world's biggest mining company, will be “disciplined” in its attempts to get control of Potash Corporation of Saskatchewan, and will not overpay for the company, CEO Marius Kloppers said on Wednesday. BHP reported full-year...

Potash Corp has 'number' of approaches on rival deal, seeks talks

Potash Corporation of Saskatchewan, fending off a hostile takeover bid from Anglo-Australian miner BHP Billiton, is pursuing discussions with “several” third parties that could put together a competing transaction. Potash Corp formally...