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Potash News

300-plus vehicle fleets assessed for cleaner, safer mine mobility in five regions – ICMM 

By: Martin Creamer     15th June 2021 As part of the cleaner, safer vehicles initiative of the International Council on Mining and Metals (ICMM), more than 300 vehicle fleets have this year been assessed for cleaner, safer mobility on more than 300 mines in five regions globally, ICMM health, safety and product stewardship director... 

Allow geologists from surrounding African countries to boost SA's exploration rebirth, top explorer advises  

By: Martin Creamer     11th June 2021 Exploration geologists from surrounding countries should be allowed into South Africa to boost exploration. That is the view of Exploration Geology Consultants exploration manager Thinus Jordaan, who believes that South Africa’s planned exploration thrust should focus on commodities required in... 

Allow geologists from surrounding African countries to boost SA's exploration rebirth, top explorer advises
Exploration manager Thinus Jordaan interviewed by Mining Weekly's Martin Creamer. Video: Darlene Creamer.

Centrex embarks on ‘full potential’ review of Ardmore

By: Marleny Arnoldi     10th June 2021 ASX-listed Centrex Metals has embarked on a strategic review of the Ardmore rock phosphate project, in north-west Queensland, to evaluate an “optimal implementation strategy” for the project. This follows closely on the company appointing a new CEO, Robert Mencel, and mining a 25 000-t parcel... 

Kore appoints CFO

By: Creamer Media Reporter      9th June 2021 ASX-, Aim- and JSE-listed potash development company Kore Potash has appointed Jean-Michel Bour as CFO. Bour will report directly to CEO Brad Sampson and is not joining the company’s board. 

Regenerative coal mining crucial part of just transition to green economy – Bevan Jones 

By: Martin Creamer     9th June 2021 A shift to “regenerative mining” of coal reserves is a crucial part of a solution to a greener, cleaner future, said African Source Markets CEO Bevan Jones on Wednesday. Jones, a former commodity trader at Macquarie and Rand Merchant Bank, who cofounded the global coal market in London in the... 

Regenerative coal mining crucial part of just transition to green economy – Bevan Jones
African Source Markets CEO Bevan Jones

Aguia secures loan to fund phosphate project

By: Mariaan Webb     8th June 2021 Australia-listed Aguia Resources has announced a A$3.75-million loan from the Development Bank of Southern Brazil (BRDE) to fund the Tres Estradas phosphate project. Combined with the A$4.48-million that Aguia has in the bank, the company now has sufficient capital to fund the A$7.37-million... 

Mining firms with higher ESG ratings outperform market – PwC  

By: Martin Creamer     8th June 2021 Mining companies with higher environmental, social and governance (ESG) ratings outperformed the broader market during the peak of the Covid-19 crisis, delivering 34% average total shareholder return over the past three years — ten percentage points higher than the general market index,  PwC... 

Mining firms with higher ESG ratings outperform market – PwC
PwC Mine 2021 Report covered by Mining Weekly’s Martin Creamer. Video: Nicholas Boyd

Nutrien to boost potash output as market tightens

By: Mariaan Webb     8th June 2021 Canadian fertiliser company Nutrien on Monday announced that it would boost its potash production by about half-a-million tonnes in the second half of the year, compared with earlier expectations. Nutrien said it would be actively hiring additional employees and adapting its resources to help... 

Flood risk forces Mosaic to close Canadian potash shaft, restart another mine

By: Reuters     4th June 2021 Fertilizer producer Mosaic Co said on Friday it would immediately cut production at its biggest potash mine due to flood risks, and restart an idled mine to offset some of the reduction. Mosaic's K1 and K2 mine shafts at Esterhazy, Saskatchewan have long been prone to flooding, forcing the... 

Flood risk forces Mosaic to close Canadian potash shaft, restart another mine
The K3 shaft will eliminate flooding problems

NMP hosts informative workshops as court case is again postponed

By: Donna Slater     3rd June 2021 While it awaits the outcome of a once again postponed court case, Namibia Marine Phosphate (NMP) has completed a series of online information workshops that sought to inform potential future employees and members of the community about progress being made into its intended Sandpiper marine... 

Kanga potash’s close proximity to ocean and metropolitan key to efficiency

By: Donna Slater     3rd June 2021 The Kanga potash project, in Congo-Brazzaville, was posited as being a “market disruptive potash opportunity” by private equity investment group African Mineral Exploration and Development (Amed) Fund director Luke Knight. Speaking during a Junior Indaba session that showcased junior mining... 

Council for Geoscience goes live with digital geoscience data

By: Martin Creamer     1st June 2021 South Africa’s Council for Geoscience went live on Tuesday with making geoscience data digitally available. During a panel discussion on the first day of the Junior Indaba, Council for Geoscience CEO Mosa Mabuza invited all to go on to the council’s website to find this data, the bulk of which,... 

Council for Geoscience goes live with digital geoscience data
Photo by Creamer Media
From top clockwise, ENSafrica COO Otsile Matlou, Geoscience CEO Mosa Mabuza, Orion Minerals CEO Errol Smart, DMRE DG Advocate Thabo Mokoena and AmaranthCX director Paul Miller.

Tender for new modern cadastre system to be invited next week   

By: Martin Creamer     1st June 2021 A tender for a new modern cadastre system to provide exploration information will be invited by the end of next week, Department of Mineral Resources and Energy (DMRE) director-general Advocate Thabo Mokoena said on Tuesday. In his opening keynote address on initiatives to ignite the exploration... 

Tender for new modern cadastre system to be invited next week
Junior Indaba covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer

Test work shows game-changing benefits of using filtered seawater at Colluli – Danakali

By: Tasneem Bulbulia     27th May 2021 Filtered seawater has been identified as a reliable, unlimited and economic option for use in the sulphate of potash (SoP) production process at ASX- and LSE-listed Danakali’s Colluli potash project, in Eritrea. The company reports that extensive test work has confirmed the economic, operational... 

Concern over lack of JSE listings ahead of Junior Indaba  

By: Martin Creamer     27th May 2021 In anticipation of next week's Junior Indaba virtual conference, AmaranthCX director Paul Miller has updated statistics on the change in the number of listed mining companies on the JSE over time. (Also watch attached Creamer Media video.) It is not a pretty picture. (See attached chart.) 

Concern over lack of JSE listings ahead of Junior Indaba
AmaranthCX director Paul Miller interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer

Govt-Minerals Council team established to promote exploration – Mgojo  

By: Martin Creamer     26th May 2021 The Department of Mineral Resources (DMRE) and Minerals Council South Africa have established a task team to promote exploration, outgoing Minerals Council president Mxolisi Mgojo said on Wednesday. The exploration task team, Mgojo said during his address to the council’s 131st annual general... 

Govt-Minerals Council team established to promote exploration – Mgojo
Minerals Council South Africa AGM covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Nolitha Fakude first woman mining industry president in 131 years 

By: Martin Creamer     26th May 2021 The board members of Minerals Council South Africa on Wednesday elected the first female president in 131 years. New president Nolitha Fakude, a former Minerals Council VP who is the chairperson of Anglo American South Africa, said she would be focusing on ensuring that mining contributes... 

Nolitha Fakude first woman mining industry president in 131 years
Top right, clockwise are Nolitha Fakude, Paul Dunne, Peter Steenkamp and Themba Mkhwanazi.

Diamond explorer Bill McKechnie feels South Africa has battery mineral exploration potential  

By: Martin Creamer     25th May 2021 The renowned exploration geologist linked to the colossal and still-thriving diamond discovery against all odds at the Venetia diamond mine in Limpopo, believes there is no reason why new battery and other specialist minerals cannot be discovered in South Africa, using the techniques that he... 

Diamond explorer Bill McKechnie feels South Africa has battery mineral exploration potential
Exploration geologist Bill McKechnie interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer

Kropz on track, within budget to commission Elandsfontein project

By: Donna Slater     25th May 2021 Aim-listed emerging African phosphate developer Kropz reports that, despite disruptions brought about by the Covid-19 pandemic, significant progress is being made at its Elandsfontein project, which is on track and within the original projected capital budget, and which is due for commissioning... 

Kropz on track, within budget to commission Elandsfontein project
Developments at Kropz's Elandsfontein project as at April, 2021

Funds raised for Lake Wells work

By: Esmarie Iannucci     24th May 2021 ASX-listed Australian Potash will raise A$10-million in a share placement to fund activities at the Lake Wells sulphate of potash (SOP) project, head of a final investment decision. The placement will be undertaken in two tranches, with the first consisting of more than 62.2-million shares,... 

Salt Lake launches A$28m capital raise

By: Esmarie Iannucci     24th May 2021 Potash developer Salt Lake Potash will raise A$28-million through a share placement to enable the final debt draw-down and access to additional funding through a bank guarantee provided by financier Sequoia Economic Infrastructure Income Fund (SEQI). The company in March this year completed the... 

Hire jobless geologists to capture much-needed exploration data – LEI   

By: Martin Creamer     19th May 2021 A strong call for unemployed geology graduates to be contracted to capture historic exploration data electronically has been made by Letaba Elihle Investments (LEI) principal geology consultant Siphelele (Siphe) Ntshangase. In a Zoom interview with Mining Weekly Ntshangase also called on South... 

Hire jobless geologists to capture much-needed exploration data – LEI
LEI Principal Geology Consultant Siphelele Ntshangase interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer

Construction of Colluli reverse osmosis plant under way

By: Donna Slater     19th May 2021 ASX- and LSE-listed potash miner Danakali reports that the construction of a reverse osmosis (RO) water treatment plant at its Colluli potash project, in Eritrea, is under way and will soon undergo function testing. Following this, the $1.6-million plant, which is being built by WEC Projects in... 

Agrimin signs offtake deal at Mackay

By: Esmarie Iannucci     18th May 2021 ASX-listed Agrimin has inked a binding offtake agreement with Chinese potash importer Sinochem Fertilizer Macao for the supply of 150 000 t/y of sulphate of potash (SOP) from the Mackay project, in Western Australia. The offtake agreement covers a ten-year term and is the largest offtake volume... 

Canada potash project may cost BHP growth elsewhere, say investors

By: Reuters     17th May 2021 BHP Group is under pressure from Canada to greenlight a giant potash project when it makes a final investment decision by mid-year but some investors said the world's biggest miner may obtain better returns by ploughing the funds elsewhere. The fertiliser ingredient will be in oversupply over... 

Canada potash project may cost BHP growth elsewhere, say investors

New technologies transforming mining, metals industry – ICMM 

By: Martin Creamer     14th May 2021 New technologies are transforming the mining and metals industry, making it cleaner and safer, says the International Council on Mining and Metals (ICMM), which is progressing an 'innovation for cleaner, safer vehicles' initiative. The initiative brings together 28 of the world’s leading mining... 

New technologies transforming mining, metals industry – ICMM
An innovation for cleaner, safer vehicles initiative has been introduced.

Platinum on cathodes of zinc-air system chosen to decarbonise New York City  

By: Martin Creamer     13th May 2021 Platinum features on the cathode of zinc-air battery technology that is taking the City of New York by storm in helping to lower the carbon footprint of its buildings, Mining Weekly can today report. Zinc8, the Canadian Stock Exchange company that has won the city’s decarbonisation challenge, has... 

Platinum on cathodes of zinc-air system chosen to decarbonise New York City
Zinc8 Energy Solutions Ron MacDonald interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Beyondie tracking to plan - Kalium Lakes

By: Esmarie Iannucci     13th May 2021 The Beyondie sulphate of potash (SOP) project, in Western Australia, is on track to start commercial SOP production in September this year. ASX-listed Kalium Lakes on Thursday noted that potassium mixed salt harvesting continues in preparation for product commissioning, and that more than 93... 

Danakali raising completed

By: Esmarie Iannucci     12th May 2021 Potash developer Danakali has completed a A$20.3-million raise to fund early works at its sulphate of potash (SOP) project, in Eritrea. The company earlier this year announced plans for a 47.2-million shares placement priced at 43c each, with Danakali saying on Wednesday that it had now... 

Agrimin ticks another box at Mackay

By: Esmarie Iannucci     11th May 2021 An independent technical review of the Mackay potash project, in Western Australia, has cleared the way for project developer Agrimin to seek debt funding for the project. Agrimin on Tuesday told shareholders that the independent technical review had concluded that the project would be... 

ABR defers phased approach for Fort Cady

By: Esmarie Iannucci     10th May 2021 ASX-listed American Pacific Borates (ABR) has announced plans to defer Phase 1A of its Fort Cady borate mine, in Southern California. The starter project had initially targeted a production rate of 40 000 t/y sulphate of potash (SoP) and 9 000 t/y of boric acid, increasing to 90 000 t/y SoP and... 

ABR defers phased approach for Fort Cady

Sales avenues being investigated for Fort Cady

By: Esmarie Iannucci     7th May 2021 ASX-listed American Pacific Borates (ABR) has inked a letter of intent (LoI) with a subsidiary of NYSE-listed Compass Minerals International, over the sales and marketing of sulphate of potash (SOP) from the Fort Cady borate mine, in Southern California. “There is a strong alignment between ABR... 

Sales avenues being investigated for Fort Cady

New Nutrien CEO to carry out current strategy, focus on potash price

By: Reuters     4th May 2021 Canadian fertilizer and farm dealer Nutrien will continue its existing business strategy, including a focus on supporting global potash prices over maximizing sales, new CEO Mayo Schmidt said on Tuesday. Surging prices of corn, soybeans and canola have given North American farmers more incentive... 

New Nutrien CEO to carry out current strategy, focus on potash price
Mayo Schmidt

Danakali raises A$20.3m for Colluli early works

By: Esmarie Iannucci     29th April 2021 Potash developer Danakali will raise A$20.3-million in share placement to institutional and sophisticated investors to fund early works at its sulphate of potash (SOP) project, in Eritrea. The ASX and LSE listed company has completed the bookbuild for the placement of 47.2-million shares at a... 

Last of the Lake Way enviro permits granted

By: Esmarie Iannucci     29th April 2021 Potash developer Salt Lake Potash has received environmental approval to scale-up its projects to 245 000 t/y of sulphate of potash (SOP). The ASX-listed company on Thursday said that the environmental approval enabled the company to finalise the construction of pond trains four to six, as well... 

Mining policy should be hugely supportive of exploration’s multiplier magic – investor  

By: Martin Creamer     28th April 2021 Mining, preceded by exploration, is the greatest economic multiplier of all business activities, including government expenditure, says Integral Asset Management chief investment officer Bruce Williamson. It therefore makes huge sense for government to enact attractive investment-friendly... 

Mining policy should be hugely supportive of exploration’s multiplier magic – investor
Integral Asset Management CIO Bruce Williamson interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Tackling climate change could not be more urgent – Anglo American 

By: Martin Creamer     26th April 2021 Tackling climate change could not be more urgent, Anglo American said on Monday when it presented its biannual sustainability performance update. “For the emissions that we control in our business, we have come a long way, delivering our 2020 target to reduce greenhouse gas emissions by 22% a... 

Tackling climate change could not be more urgent – Anglo American
Photo by Creamer Media
From left, clockwise Mark Cutifani, Anik Michaud and Stephen Pearce

Kore focusing on pursuing Kola project

By: Tasneem Bulbulia     23rd April 2021 London-listed Kore Potash is excited at the opportunity presented by the Summit Consortium potentially financing the construction of the world-class Kola project, in Congo-Brazzaville, CEO Brad Sampson says in a company update. Kore on April 1 signed a nonbinding memorandum of understanding with... 

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