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Potash & Phosphates

An image showing the Newlyn Group unveileng the Newlyn PX Bayhead rail terminal
Newlyn launches R3.4bn multimodal rail terminal at Durban port
5th April 2024 By: Tasneem Bulbulia

Port logistics company the Newlyn Group on April 4 unveiled the Newlyn PX Bayhead rail terminal, strategically located next to the Port of Durban, aimed at opening intra-Africa and local trade and... 


Kore appoints new CEO
4th April 2024 By: Darren Parker

Potash development company Kore Potash has announced the appointment of JM André Baya as CEO, effective from April 15. The position is a non-board role. The company owns a 97% stake in the Kola... 


Potash ore
Kore expects EPC finalisation in Q2, following which financing will ensue
28th March 2024 By: Marleny Arnoldi

Congo-Brazzaville-focused miner Kore Potash has advised that the condition for conversion of five convertible loan notes (CLN) totalling $530 000 has been met, and, accordingly, these will now be... 


dump truck on mine construction site
Kropz records $5.7m loss for 2023 as Elandsfontein ramps up
28th March 2024 By: Darren Parker

As phosphate miner Kropz is still ramping up to steady-state production, the company recorded a $5.7-million gross loss for the 12 months ended December 31, 2023. The company said on March 28 that... 


Kropz Elandsfontein
Kropz secures R170m loan facility
27th March 2024 By: Darren Parker

Aim-listed phosphate producer and developer Kropz’s subsidiary Kropz Elandsfontein has secured a R170-million loan facility from ARC Fund. The loan will be used by Kropz Elandsfontein to fund its... 


Master Drilling CEO Danie Pretorius.
Mechanical cutting is going to be key for mining going forward – Master Drilling
26th March 2024 By: Martin Creamer

Mechanical cutting, in which huge progress is being made, is going to be key for the mining industry going forward, Master Drilling CEO Danie Pretorius emphasised on Tuesday, when his Johannesburg... 


AECI CEO Holger Riemensperger. Picture: Hush Naidoo.
Expect digital unveiling, more innovation, greenness from 100-year-old mining-wired AECI
22nd March 2024 By: Martin Creamer

Mining explosives and chemicals company AECI, which turned 100 this week, will be unveiling a digital strategy for the mining market during the course of this year. It is also looking to become... 


Kore raises $530 000 through convertible loan note issue
22nd March 2024 By: Darren Parker

Potash development company Kore Potash has issued five separate convertible loan notes (CLNs) with an aggregate value of $530 000 and a proposed drawdown date of March 22. Kore holds a 97% stake in... 


Mining explosives pioneer AECI celebrating 100 years of business at the JSE.
Stage set for mining explosives centenarian to capture global top-three spot
20th March 2024 By: Martin Creamer

The stage is set for proudly South African mining explosives trailblazer, AECI, to become the third biggest in its field globally by 2030, AECI Group chairperson Dr Khotso Mokhele told an... 


Reward confirms unsuccessful bid for Beyondie project
Reward confirms unsuccessful bid for Beyondie project
19th March 2024 By: Creamer Media Reporter

The share price of Reward Minerals plunged 40% on Tuesday as the company confirmed its failed bid for the Beyondie sulphate of potash project, in Western Australia. Reward has been unable to... 


Highfield awards €48m Muga decline contract
12th March 2024 By: Creamer Media Reporter

Australia’s Highfield Resources has awarded a €48-million contract for the construction of the declines and underground mining infrastructure at the Muga-Vipasca potash project, in Spain. Mining... 


Ministerial committee upholds referral of environmental approval
11th March 2024 By: Sabrina Jardim

Morocco-focussed potash development company Emmerson has announced that the Commission Ministérielle de Pilotage has upheld the company's referral of environmental approval and has asked that the... 


Tsodilo withdraws contempt motion as Botswana Minister complies
6th March 2024 By: Darren Parker

Canadian mineral resources exploration and development company Tsodilo Resources has withdrawn its contempt motion, which sought to hold Botswana Minerals and Energy Minister Lefoko Moagi to... 


BHP inks tentative sales deals for Canadian potash
BHP inks tentative sales deals for Canadian potash
4th March 2024 By: Reuters

BHP has signed non-binding sales agreements for all potash production from both phases of the Canadian mine it is building in Jansen, Saskatchewan, and will look to convert those into firm offtakes... 


Kropz's Elandsfontein mine
Kropz appoints new financial manager
29th February 2024 By: Marleny Arnoldi

Aim-listed phosphate miner Kropz has appointed chartered accountant Werner Greyling to succeed Louis Swart as financial manager, with effect from March 1. Swart will, however, assist the company in... 


Centrex secures A$10m for Ardmore mine
29th February 2024 By: Mariaan Webb

Phosphates and potash company Centrex on Thursday announced credit approval from National Australia Bank (NAB) for a A$10-million secured financing package designated for the Ardmore mine, in... 


BHP to restructure some global corporate roles as it looks to trim costs
BHP to restructure some global corporate roles as it looks to trim costs
29th February 2024 By: Reuters

The world's biggest listed miner BHP said on Thursday it was disbanding some global teams and transferring those roles covering functions including planning, environment and heritage protection to... 


Kalium Lake’s sale to complete by mid-March
20th February 2024 By: Mariaan Webb

Defunct potash company Kalium Lakes said on Tuesday that its receivers expect the sale transaction with Reward Minerals to conclude by the middle of next month. In a statement to the ASX, Kalium... 


BHP CEO Mike Henry
Worst of inflationary wave over, says BHP CEO
20th February 2024 By: Mariaan Webb

Diversified mining group BHP CEO Mike Henry has expressed confidence in a more favourable economic outlook for 2024, declaring that the worst of the global inflationary wave is over. BHP, which on... 


The Beyondie mine in Western Australia
Reward’s capital raise to buy Beyondie falls through
19th February 2024 By: Mariaan Webb

ASX-listed Reward Minerals has withdrawn a A$22.8-million rights issue, announced last month, to fund the acquisition of the Beyondie potash of sulphate (SOP) project, in Western Australia. The... 


Nedbank CIB) Energy Finance Co-Head Amith Singh.
Power aggregators seen as key accelerators of South African mining’s energy transition
13th February 2024 By: Martin Creamer

Many energy projects selling to one buyer, who in turn sells to many mines – this procurement model is seen as a key financial tool to accelerate the energy transition of South Africa’s mining... 


ARME founder and CEO Adelaide Ruiters.
2024 defining year for world’s first woman-owned phosphate mine, looking at IPO
12th February 2024 By: Martin Creamer

Adelaide Ruiters has been slogging away for ten years to get the world’s first woman-owned phosphate mine up and running. Now, 2024 looks like the year she'll likely do it. Ribbon-cutting for... 


Anglo American projects and development director Alison Atkinson.
Anglo American, Finnish Minerals sign battery value chain agreement
12th February 2024 By: Schalk Burger

Mining multinational Anglo American and Finnish State-owned mining company Finnish Minerals Group have signed a memorandum of understanding (MoU) to explore opportunities to further support the... 


Kore’s JSE share price rises on confirmation of receipt of EPC proposal, draft contract
9th February 2024 By: Tasneem Bulbulia

Triple-listed Kore Potash’s share price on the JSE surged by more than 30% on February 9 after it confirmed that PowerChina International Group had, on February 6, delivered its engineering,... 


Minerals Council CEO Mzila Mthenjane
Mining industry sustainability hinges on energy, logistics reforms, Minerals Council stresses
9th February 2024 By: Schalk Burger

The sustainability of the South African mining industry and its ability to play a meaningful and positive role in society and the economy are dependent on urgent and extensive structural reforms in... 


NioBay strengthens ‘green’ portfolio
8th February 2024 By: Creamer Media Reporter

TSX-V-listed NioBay Metals has executed a definitive option agreement with fellow-listed Vior to acquire an 80% undivided interest in the Foothills project, which has strong potential for the... 


From left Minerals Council South Africa’s Sietse van der Woude, Dr Thuthula Balfour, Japie Fullard, Mzila Mthenjane and Dushendra Naidoo.
Noise-induced hearing loss now highest priority mining health condition, Indaba hears
6th February 2024 By: Martin Creamer

Noise-induced hearing loss has displaced tuberculosis (TB) and silicosis as the top priority health threat in the South African mining industry. “I’m emphasising noise-induced hearing loss because... 


Rail setback for Ardmore phosphate mine
5th February 2024 By: Creamer Media Reporter

ASX-listed Centrex is investigating road transport alternatives for phosphates concentrate from its Ardmore mine, after a portion of the Mount Isa-Townsville rail network has been damaged in the... 


President Cyril Ramaphosa at the Mining Indaba.
South Africa’s mining industry now 39% black-owned, Mining Indaba hears
5th February 2024 By: Martin Creamer

In 2004, the year South Africa’s far-reaching Mining Charter was first introduced, black ownership in South Africa’s globally recognised mining industry stood at a negligible 2%. This has now leapt... 


Australian Potash exits administration
Australian Potash exits administration
2nd February 2024 By: Creamer Media Reporter

Australian Potash, which owns the Lake Wells sulphate of potash development in Western Australia, has exited administration, with its directors fully back in control of the company. “We... 


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pqt: 0.435s - ct: 0.518s - 327pq - 2rq
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