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Potash News

Salt Lake starts commercial-scale SoP works

By: Esmarie Iannucci     24th June 2019 ASX-listed Salt Lake Potash has completed the construction of a commercial-scale sulphate of potash (SOP) brine evaporation pond at its Lake Way operation, in Western Australia, and has started the evaporation process. The evaporation ponds have been designed to receive the 1.2 GL of high-grade... 

Kore sets sights on $13m capital raise

By: Esmarie Iannucci     14th June 2019 ASX- and Aim-listed Kore Potash is hoping to raise $13-million through a share placement to fund work at the Sintoukola potash project, in the Republic of Congo. Kore on Friday said that the placement will be conducted through an accelerated bookbuild, which will be launched immediately. 

Lake Way proves up for Salt Lake

By: Esmarie Iannucci     13th June 2019 A scoping study into the Lake Way sulphate of potash (SOP) project, in Western Australia, has shown that the project could produce some 200 000 t/y of premium-grade SOP over a mine life of 20 years. ASX-listed Salt Lake Potash on Thursday reported that the project could have the lowest... 

Western Potash appoints construction contractor for Milestone project

By: Marleny Arnoldi     7th June 2019 TSX-listed Western Resources subsidiary Western Potash has entered into a lump-sum agreement with Stuart Olson Praire Construction for it to be the general contractor for the Phase 1 construction of the company’s Milestone project, in Saskatchewan. The Milestone Phase 1 potash project would be... 

Highfield’s Muga receives environmental permit

By: Mariaan Webb     6th June 2019 ASX-listed Highfield has received an environmental permit for its Muga potash project, in Spain, and will now focus on securing the mining concession, as well as construction permits required for its two-phased development that will cost a total of €541-million. The environmental permit placed... 

TFR to conduct yearly maintenance shutdown on MMC line this month

By: Simone Liedtke     5th June 2019 State-owned Transnet Freight Rail (TFR) will be conducting its yearly maintenance shutdown on the Mineral Mining and Chrome (MMC) line from June 4 to 10.  The shutdown will allow TFR to undertake maintenance work that cannot take place during normal occupational conditions. 

Arianne Phosphate in MoU with Chinese firm for Quebec project

By: Creamer Media Reporter      4th June 2019 Development-stage phosphate mining company Arianne Phosphate has entered into a nonbinding memorandum of understanding (MoU) with Chinese State-owned enterprise Sinoconst relating to the development of the Lac à Paul project in Quebec's Saguenay-Lac-Saint-Jean region. The parties have agreed to... 

Junior mining badly in need of kickstart – Swanepoel   

By: Martin Creamer     4th June 2019 Junior mining is badly in need of a policy framework that will kickstart activity, mining luminary Bernard Swanepoel said on Tuesday. Speaking to a packed 2019 Junior Indaba conference for explorers, developers and investors in junior mining, Swanepoel outlined how he had boldly stepped into the... 

Junior mining badly in need of kickstart – Swanepoel
Junior Indaba opening addresses covered by Mining Weekly Online’s Martin Creamer. Video and Video Editing: Darlene Creamer. Photographs: Creamer Media’s Dylan Slater.

Potash producer Nutrien eyes expansion as BHP ponders entry

By: Reuters     29th May 2019 Canada's Nutrien, the world's biggest producer of potash fertiliser, said on Tuesday that it was evaluating whether to expand its annual production capacity by five-million tonnes after 2023, around the time that metals miner BHP Billiton is considering a move into potash. In a presentation to... 

Potash producer Nutrien eyes expansion as BHP ponders entry
Nutrien's Patience Lake potash operation.

NAIF looking at Ardmore - Centrex

By: Esmarie Iannucci     23rd May 2019 The Northern Australian Infrastructure Facility (NAIF) has completed a strategic assessment of the Ardmore phosphate rock project, in Queensland, and will now proceed to a due diligence investigation, ASX-listed Centrex Metals said on Thursday. An optimised definitive feasibility study recently... 

Sirius says open offer closes over-subscribed

By: Mariaan Webb     21st May 2019 The placing and open offer through which Sirius Minerals aimed to raise about $400-million, for the potash mine, in North Yorkshire, has been over-subscribed, the London-listed company reported on Tuesday. The company raised $425-million in the offer, which formed part of the $3.8-billion... 

New numbers impart shine to BCI’s Mardie SoP and salt project

By: Esmarie Iannucci     17th May 2019 An optimisation of the prefeasibility study (PFS) for the Mardie salt and potash project, in Western Australia, has improved the project economics, with a definitive feasibility study (DFS) now targeted for late 2019. ASX-listed BCI Minerals on Friday reported that the optimised PFS estimated a... 

President's correct, S Africans need to act together to realise economic opportunities – Baissac   

By: Martin Creamer     14th May 2019 President Cyril Ramaphosa is correct in stating that South Africans need to act together with urgency and boldness if they are to realise the economic opportunities before them, Eunomix CEO Claude Baissac said on Tuesday. Baissac, who was speaking to Mining Weekly Online following the finding of... 

President's correct, S Africans need to act together to realise economic opportunities – Baissac
Eunomix CEO Claude Baissac talks to Mining Weekly Online’s Martin Creamer about South Africa’s economic growth needs. Video: Nicholas Boyd. Photograph: Dylan Slater.

Centrex signs another offtake agreement

By: Esmarie Iannucci     14th May 2019 ASX-listed Centrex Metals has inked a second offtake agreement for phosphate rock concentrate from its Ardmore project, in Queensland. Centrex has reached an agreement with New Zealand fertilizer group Ballance Agri-Nutrients to supply some 5 000 t of concentrate, which will be produced as part... 

Worley creating a force for the future of resources and energy 

By: Martin Creamer     7th May 2019 Following the announcement in October 2018 of WorleyParsons' binding offer for Jacobs' Energy, Chemicals and Resources, the combined new entity has come together under a new brand – Worley – involving 57 600 people across 51 countries. While financially a $3.2-billion acquisition, operationally... 

Worley creating a force for the future of resources and energy
Photo by Creamer Media Chief Photographer Dylan Slater
From left, Krish Iyer, president Middle East Africa, Francois Bosch, business development (BD) sales manager, East Africa, Denver Dreyer, senior vice president Mining Minerals and Metals (MM&M), Europe Middle East Africa, Ian Davies, senior vice president, BD & Growth MEA, Ryan Froude, operations manager, East Africa, Robert Hull, vice president, MM&M, Africa, and Ed Hanbidge, vice president, Energy Chemicals and Services, Southern and Eastern Africa.

Scoping study demonstrates attractive economics for Kore’s DX deposit

By: Tasneem Bulbulia     29th April 2019 The results of a scoping study, undertaken to assess the viability of producing 400 000 t/y of muriate of potash (MoP) from a portion of the sylvinite in Kore Potash’s Dougou Extension (DX) deposit through a solution mining method, indicate support for a low operational expenditure and strong... 

Sirius announces 10-year European distribution agreement

By: Creamer Media Reporter      25th April 2019 UK-based Sirius Minerals has inked a ten-year supply and distribution agreement with a European agribusiness group for the polyhalite – a form of potash used in fertilisers – that its Woodsmith mine, in north Yorkshire, will produce. BayWa Agri Supply & Trade, a wholly owned subsidiary of... 

Sirius announces 10-year European distribution agreement
A July 2018 photo of the Woodsmith mine site.

Mosaic idles Brazil phosphate mines to comply with new dam regulations

By: Creamer Media Reporter      12th April 2019 NYSE-listed Mosaic on Thursday announced that it would idle production at its Tapira and Catalão phosphate mines, in Brazil, to comply with new regulations governing mine tailings dams. The company stressed that its mines did not present an imminent risk, but that it had to implement the... 

EPA clears Beyondie for development

By: Esmarie Iannucci     8th April 2019 The Western Australian Environmental Protection Authority (EPA) has granted environmental approval for the development of the Beyondie sulphate of potash (SOP) project. Kalium Lakes MD Brett Hazelden said on Monday that achieving EPA approval for the Beyondie project was another first for the... 

Aus junior Celamin regains its share of Tunisia project

By: Esmarie Iannucci     5th April 2019 The share price of junior explorer Celamin Holdings rose on Friday, after the Tunisian Court of Appeal returned the company’s 51% stake in the Chaketma phosphate project. Celamin has battled its joint venture partner Tunisian Mining Services (TMS) since 2015, after its interest in the project... 

Potash developer Kalium Lakes builds momentum with cornerstone investor

By: Esmarie Iannucci     3rd April 2019 Sulphate of potash (SOP) developer Kalium Lakes has welcomed equity investment firm Greenstone Resources as a cornerstone investor, following a A$20.8-million investment. Kalium Lakes on Wednesday told shareholders that it would issue more than 47.3-million shares to Greenstone, at a price of... 

Kore Potash receives late EPC proposal, but will consider all options

By: Marleny Arnoldi     26th March 2019 ASX-, Aim- and JSE-listed Kore Potash on Tuesday said it had received an engineering, procurement and construction (EPC) proposal for the Sintoukola project, in Congo-Brazzaville, from a consortium after the February 28 deadline for proposals. The late proposal was submitted by a French... 

Karnalyte updating cost estimate for Saskatchewan potash project

By: Mariaan Webb     25th March 2019 The Wynyard potash project has ticked all the boxes necessary for development, but the central Saskatchewan carnallite/sylvanite project lacks one ingredient – a potash price that makes it economically viable. TSX-listed Karnalyte Resources said on Friday that although the potash price remained... 

Emmerson’s Morocco potash project a step closer to production

By: Natasha Odendaal     19th March 2019 The completion of the environmental baseline study has brought the Khemisset potash project, in Morocco, closer to production, with the study identifying no areas of concern that could impact on the scale, location, cost or profitability of the project. LSE-listed potash development company... 

Kalium Lakes secures debt funding for Beyondie

By: Esmarie Iannucci     19th March 2019 Potash developer Kalium Lakes has secured A$102-million in debt funding for its Beyondie sulphate of potash (SoP) project, in Western Australia. The company on Tuesday told shareholders that it has signed a non-binding term sheet with German bank KfW IPEX-Bank to provide the senior debt funding... 

Avenira hoping for FID by 2020

By: Esmarie Iannucci     18th March 2019 Phosphate developer Avenira is targeting a final investment decision on its Baobab project, in Senegal, in the first half of 2020, following the release of a positive feasibility study. Based on a one-million-tonne-a-year phosphate rock concentrate capacity, the feasibility study estimated that... 

Sirius finds new financing for UK potash mine

By: Creamer Media Reporter      13th March 2019 London-listed Sirius Minerals is considering an alternative financing proposal for the Woodsmith mine, which will access the world’s largest and highest-grade polyhalite deposit in North Yorkshire, UK. The alternative financing is expected to replace the $3-billion senior debt financing that... 

Sirius finds new financing for UK potash mine

Kalium wraps up FEED works, sets sights on financing

By: Simone Liedtke     4th March 2019 With the front-end engineering and design (FEED) works for its Western Australia-based Beyondie sulphate of potash (SoP) project now complete, ASX-listed Kalium Lakes is progressing towards completion of financing tasks with the aim of making a financial investment decision in the second quarter,... 

Ardmore costs fall - Centrex

By: Esmarie Iannucci     28th February 2019 An optimised definitive feasibility study (DFS) into the Ardmore phosphate rock project, in Queensland, has reduced the pre-production capital cost requirements of the project while increasing the pre-tax net present value by some 56%. ASX-listed Centrex Metals on Thursday reported that capital... 

NAIF funding for Australia’s first SoP plant

By: Esmarie Iannucci     20th February 2019 The Northern Australia Infrastructure Facility (NAIF) will invest A$74-million in Australia's first plant to produce sulphate of potash (SoP). ASX-listed Kalium Lakes is developing the A$250-million Beyondie SoP project, which will produce 150 000 t/y SoP, with the option to incrementally phase... 

Jan Steenkamp appointed MD of Kropz’s Elandsfontein phosphate mine

By: Marleny Arnoldi     14th February 2019 Aim-listed emerging phosphate producer Kropz has appointed Jan Steenkamp MD of the company’s 74%-owned Elandsfontein project, in South Africa’s Western Cape province. Steenkamp is a South African mining industry veteran and has managed mining operations across a number of commodities. He also... 

Jan Steenkamp appointed MD of Kropz’s Elandsfontein phosphate mine
Photo by Creamer Media
Elandsfontein MD Jan Steenkamp

Xolobeni judgment continues to confound 

By: Martin Creamer     11th February 2019 Mining must take place with a strong focus on the interests of those who live in mining areas, says Mineral Resources Minister Gwede Mantashe, a standpoint that supports the notion that a mining right and a land right can co-exist, without pleasing one party at the expense of the other.  But the... 

Xolobeni judgment continues to confound
Mineral Resources Minister Gwede Mantashe

Australian Potash raises cash for Lake Wells studies

By: Esmarie Iannucci     11th February 2019 ASX-listed Australian Potash will raise up to A$5.2-million through a renounceable rights issue to complete a definitive feasibility study on the Lake Wells potash project, in Western Australia. The company on Monday said that it would offer three rights shares for every 14 shares held, at an... 

ABR slashes costs at US borate project

By: Esmarie Iannucci     31st January 2019 ASX-listed American Pacific Borate and Lithium (ABR) is considering a lower cost development at its Fort Cady borate project, in Southern California. A December definitive feasibility study (DFS) considered a three-phase construction, with Phase 1 to deliver some 82 000 t/y of boric acid and 36... 

Colluli could be game changer for Eritrea – report

By: Esmarie Iannucci     30th January 2019 An independent report commissioned by the United Nations Development Programme has found that the Colluli potash project had the potential to significantly boost the Eritrean economy and advance that country’s sustainable development agenda. “The report reinforces the uniqueness of Colluli. We... 

Kola gets $2.1bn price tag

By: Esmarie Iannucci     29th January 2019 The Kola potash project, in the Republic of the Congo (also known as Congo-Brazzaville), is expected to cost $2.1-billion to develop, triple-listed Kore Potash said on Tuesday. The ASX-, JSE- and Aim-listed company revealed that Kola would have a nameplate capacity of 2.2-million tonnes a year of... 

Kropz anticipates first phosphate ore from long-awaited Elandsfontein by year-end   

By: Marleny Arnoldi     23rd January 2019 Aim-listed emerging phosphate producer Kropz is finalising the design of processing plant upgrades at its 74%-owned Elandsfontein project, in South Africa, with first ore to be produced by the end of the year. The mine will ramp up to steady-state production of one-million tonnes a year during... 

Kropz anticipates first phosphate ore from long-awaited Elandsfontein by year-end
Kropz CEO Ian Harebottle discuss their phosphate mining and exploration projects. Video and editing: Darlene Creamer

Kalium Lakes gets enviro nod for Beyondie

By: Esmarie Iannucci     23rd January 2019 ASX-listed Kalium Lakes has received environmental approval for its Beyondie sulphate of potash (SOP) project, in Western Australia. The environmental approval covers the Stage 1 area of the Beyondie project, which is based on the base case production of 164 000 t/y of SOP over a mine life of 30... 

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