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...

Projects pave the way for good fortune

Diversified resources firm Fortune Minerals is advancing two Canadian projects that stand it in good stead to become a reliable North American source of supply of specialty metals and specialty metallurgical coals.

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...

Potash Corp hikes dividend

Potash Corp, the biggest fertiliser-maker, on Wednesday said it is increasing its quarterly dividend by 100% to $0.14 a share, having also doubled the payout a year ago. CEO Bill Doyle said the increase “reflects the confidence we have in the...

BHP hikes Chile copper resource 700%

Diversified miner BHP Billiton has reported a 700% increase in the mineral resource for its Spence copper project, in northern Chile, following a four-year, $30-million brownfield exploration programme. The miner said that the significant mineral...

Great Western finalises rare-earths deal with Chinese company

Great Western Minerals said on Tuesday it penned a joint venture pact with Ganzhou Qiandong Rare Earth Group, a Chinese firm, to build a separations plant to process material from the TSX-V-listed company’s Steenkampskraal operation in South...

New potash entrant Karnalyte ponders 6Mt production

Karnalyte Resources, which debuted on the TSX in December, aims on producing 500 000 t/y of potash at its Wynyard project in Saskatchewan, but CEO Robin Phinney said on Thursday this could eventually climb as high as six-million tons a year. The...

Company Announcement: Hathor Receives Mineral Lease for Roughrider

Attached please find a press release on: Terra Ventures Inc. (TSX-V: TAS) is pleased to provide an update on the Midwest Northeast Uranium property in which Terra owns a 10% production carried interest. In a press release dated April 5, 2011,...

Paladin unfazed by Canada’s local ownership uranium rules

Paladin Energy, the Toronto-, Namibia- and Australia-listed uranium producer, does not believe a federal Canadian law requiring producers of the nuclear fuel in the country to be majority owned by locals will affect its Michelin project in...

BHP Billiton contracts SNC-Lavalin for potash projects

BHP Billiton has appointed SNC-Lavalin to develop its Saskatchewan projects in a multi-year contract, the engineering firm said on Tuesday. The company will build a project hub where it will manage the feasibility studies and construction of the...

BHP to consider options as Canada gives it 30-day appeal window

It will be back to the drawing board for BHP Billiton if the diversified miner fails to convince Canada that its offer for Potash Corp would be beneficial to the country. Canada blocked the $40-billion bid for the Saskatchewan-based fertilizer...