Cameco not likely done with M&A yet, analysts say

Cameco’s announcement this week that it is paving the way to raise up to $1-billion has sparked speculation the Canadian uranium giant may be preparing for a large takeover. TSO & Associates analyst Terence Ortslan said on Friday there are...

CP strike threatens Canada's name as reliable potash supplier

The Canadian Pacific railway strike that started May 23 in Canada could damage the country’s reputation as a reliable potash supplier, a producer of the crop nutrient cautioned on Friday. While the work stoppage at CP, which carries virtually...

Ethiopian potash prospects buoyed by acquisition, says junior

The decision by Norwegian fertilizer group Yara International last week to up its stake in Ethiopian potash company Ethiopotash BV to 51% from 16.67%, is being perceived by companies such as exploration group Allana Potash as a positive indicator...

Cameco profit rise on more sales, uranium price

Cameco Corp's reported on Tuesday a 45% increase in first quarter profit, as the world's second-largest producer sold more uranium at a higher average price. The Saskatoon, Saskatchewan-based miner's profit rose to C$132-million, or 33 Canadian...

Potash Corp expects bumper Q2 sales, profit drops

Saskatchewan-based Potash Corp on Thursday said it expected significantly increased demand for potash and related products in the second quarter this year, with CEO Bill Doyle painting a bullish outlook for the rest of the year and into 2013....

Company Announcement: AkzoNobel to Invest in Growth of Saskatoon Fatty Amines Plant

AkzoNobel Surface Chemistry, a leading supplier of collectors and mineral coating agents for the mining industry, today announced plans to invest in the growth and continued operational excellence of its fatty amines manufacturing plant in...

K+S to officially start building Legacy potash mine in June

Germany’s K+S said it will hold a ground-breaking ceremony at its C$3.25-billion Legacy potash project in Saskatchewan on June 19, after having received board sanctioning in November. The fertiliser maker also said project manager for the...

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...

Great Western CEO’s exit all part of the plan – analyst

Great Western Metals, which plans to sell $80-million in convertible bonds to build a rare earths facility in South Africa, said on Friday Jim Engdahl will step down as CEO. “My stated objective was to position the company for rapid growth with...

16/03/2012 (On-The-Air)

the South African government has been going all out to ensure that platinum company Implats is being fairly treated by the government of Zimbabwe; South Africa wants to take a leaf out of Canada’s book to save its ferrochrome business from...

South Africa’s stricken ferrochrome industry eyes Canada’s Canpotex as potential turnaround model

South Africa’s once mighty chrome-to-ferrochrome industry, now threatened by an unexpected local oversupply of raw ore, is looking to get itself back on its feet by emulating what the Canadians did 40 years ago for their then teetering but now...