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Potash News

Lake Wells EPA issues cleared

By: Esmarie Iannucci     22nd January 2021 The Western Australian Minister for Environment has resolved an appeal against the Environmental Protection Authority’s (EPA’s) approval of ASX-listed Australian Potash’s Lake Wells sulphate of potash (SoP) project. Australian Potash told shareholders on Friday that the Minister was satisfied... 

Elandsfontein water use licence hearing postponed again

By: Donna Slater     20th January 2021 The hearing into Aim-listed phosphate explorer and developer Kropz’s Elandsfontein project’s integrated water-use licence (WUL) has been rescheduled for February 1. Kropz notes that the Water Tribunal will be resumed in February following a number of postponements since March 2020 owing to... 

Keras raises £1m

By: Donna Slater     18th January 2021 Aim-listed phosphate and manganese miner Keras Resources has conditionally raised £1-million through the placing of 869.57-million shares. The funds will be used to explore opportunities to grow the company's portfolio through organic growth and the potential introduction of new projects.  

Lake Way progressing on target

By: Esmarie Iannucci     18th January 2021 Potash developer Salt Lake Potash is nearing project completion at its Lake Way project, in Western Australia. The company on Monday told shareholders that the process plant construction was some 88% complete at the end of December, with the overall project completion, including all on-lake... 

Gensource appoints new CFO

By: Marleny Arnoldi     8th January 2021 TSX-V-listed fertiliser development company Gensource Potash Corporation has advised that Alton Anderson will transition to the role of CFO, effective April 1. He joined the company on January 1 to transition into the role. 

Thousands register for job opportunities at NMP's Sandpiper project 

By: Chanel de Bruyn     18th December 2020 More than 6 000 people have registered for future job opportunities at emerging marine phosphate miner Namibian Marine Phosphate's (NMP's) Sandpiper project, in Namibia. NMP in October launched a job registration drive to enable it to compile a database of prospective job seekers who may be... 

Kore assures Congo-Brazzaville govt of progress at DX, Kola projects

By: Creamer Media Reporter      14th December 2020 ASX-, Aim- and JSE-listed Kore Potash has assured the Minister of Mines of Congo-Brazzaville of the progress being made at its Dougou Extention (DX) and Kola projects. This follows after the company received correspondence from the Minister, expressing his disappointment at the speed of progress... 

NAIF backs Mardie with A$450m loan

By: Esmarie Iannucci     14th December 2020 The Northern Australia Infrastructure Facility (NAIF) has agreed to provide a A$450-million loan to ASX-listed BCI Minerals for its Mardie salt and potash project in Western Australia The A$498-million Mardie salt and potash project is expected to produce more than four-million tonnes of high... 

NAIF backs Mardie with A$450m loan

Salt Lake raises A$52m

By: Esmarie Iannucci     11th December 2020 Potash developer Salt Lake Potash on Friday announced that it had received binding commitments from institutional shareholders and investors to raise up to A$52-million in a share placement. The company would place up to 130-million new shares, at a price of 40c each, to raise the funds. 

Kropz makes another quarterly drawdown under ARC Fund equity facility

By: Simone Liedtke     9th December 2020 Aim-listed Kropz has made its third quarterly drawdown request under the equity facility with the company’s major shareholder, the ARC Fund. The equity facility is for $40-million, and the third drawdown is for $5-million, which will be paid through the issue of over 63.7-million new ordinary... 

Kore’s DX feasibility study on track, budget for completion in May

By: Donna Slater     2nd December 2020 Potash development company Kore Potash reports that the definitive feasibility study (DFS) for Phase 1 of its 97%-owned Dougou Extension (DX) potash project in Congo-Brazzaville remains on track and within budget to be completed in May. The drilling campaign at the DX project, which is located... 

Kore’s DX feasibility study on track, budget for completion in May
Kore CEO Brad Sampson

Ammaroo granted major project status

By: Esmarie Iannucci     2nd December 2020 The federal government has granted Major Project status to the A$1.5-billion Ammaroo phosphate, project to mine phosphate in the Northern Territory, which will create more than a thousand jobs and export opportunities. Minister for Industry, Science and Technology Karen Andrews said the project... 

Davenport raises $10m for German potash projects

By: Mariaan Webb     27th November 2020 Australia-listed Davenport Resources has received firm commitments for a placement of new securities to a range of sophisticated and institutional investors to raise a total of $10-million. The capital raising will ensure that Davenport is well funded to advance its portfolio of four standalone... 

BCI secures Mardie access

By: Mariaan Webb     27th November 2020 Developer BCI Minerals has entered into an access agreement with the lease holder of the Mardie station, which overlaps in small areas with the proposed Mardie project development footprint and tenure. The access agreement provides Pastoral Management’s (PMPL’s) consent to the grant of key... 

Coal mine on point of turning acid mine drainage into potable water at no cost  

By: Martin Creamer     23rd November 2020 An Mpumalanga coal mine is on the point of entering into an agreement before year-end to have its acid mine drainage water curse turned into potable water at no cost, Mining Weekly can today report. Recovered potassium nitrate, which retails at about R15 000/t and which is marketed at about R11... 

Coal mine on point of turning acid mine drainage into potable water at no cost
Trailblazer Technologies director John Bewsey interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Bulk air coolers improving efficiencies and working conditions

By: Khutso Maphatsoe     20th November 2020 Thermal engineering solutions provider Industrial Water Cooling (IWC) recently supplied a field-erected bulk air cooler for a mine site in Burkina Faso, in addition, supplying the associated condenser cooling towers for the associated refrigeration plant. Further to this, several cooling towers... 

Bulk air coolers improving efficiencies and working conditions
COOLER CONDITIONS Bulk air coolers reduce the working temperatures inside a mine, consequently enabling mineworkers to operate in better conditions and allowing for improved efficiencies

Emmerson completes enviro, social impact assessment on Khemisset

By: Marleny Arnoldi     18th November 2020 London-listed Emmerson has completed all of the workstreams required for its environmental- and social-impact assessment (Esia) for the Khemisset potash project, in Morocco, and will soon submit it to the relevant governmental bodies for approval. Emmerson says the assessment package comes as a... 

Resources Watch 

18th November 2020 Zambia copper explorer has exclusivity agreement with Anglo American; Platinum-linked green hydrogen economy right for Africa; And, Completion of first phase of Kore Potash’s new starter project expected in May 

Resources Watch
Resources Watch

Ferrochrome, green hydrogen, potash make headlines  

13th November 2020 Mining Weekly Editor Martin Creamer unpacks the ferrochrome industry committing to solar generation; the green hydrogen economy and its benefits for Africa; and Kore Potash expecting to complete the first phase of its starter project in May.   

Ferrochrome, green hydrogen, potash make headlines
Ferrochrome, green hydrogen, potash make headlines

Completion of first phase of Kore Potash’s new starter project expected in May  

By: Martin Creamer     11th November 2020 The current strategy of Kore Potash is to focus on the Dougou Extension (DX) project, a 400 000 t/y selective solution-mining project in the Republic of Congo (RoC), rather than the considerably larger Kola underground mining project. Kola, as the first project of the AIM-, ASX- and JSE-listed... 

Completion of first phase of Kore Potash’s new starter project expected in May
Kore Potash COO Gavin Chamberlain interviewed on potash project by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Updated PFS extends Dougou Extension project's life-of-mine to 30 years

By: Donna Slater     9th November 2020 An updated prefeasibility study (PFS) into Aim-, ASX- and JSE-listed mineral exploration and development company Kore Potash' Dougou Extension (DX) project has extended the life-of-mine from 18.4 years to 30 years at a production rate of 400 000 t/y of potash, based on probable ore reserves. The... 

Australian Potash raises A$7m

By: Esmarie Iannucci     4th November 2020 ASX-listed Australian Potash has completed a A$7-million capital raise to advance work on its Lake Wells sulphate of potash (SOP) project, in Western Australia. The company this week reported that it had received commitments for the placement of more than 63-million shares at a price of 11.1c... 

Exploration is priority, says Mineral Resources Minister Gwede Mantashe  

By: Martin Creamer     3rd November 2020 South Africa should be an exploration site that contributes to gross domestic product growth and employment creation. “Exploration is the way to go and a priority,” Mineral Resources and Energy Minister Gwede Mantashe told the 2020 Junior Indaba in his keynote address on Tuesday. (Also watch... 

Exploration is priority, says Mineral Resources Minister Gwede Mantashe
The Junior Indaba covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer

Flow-through must not only incentivise exploration but also market participation – Miller 

By: Martin Creamer     2nd November 2020 A flow-through share scheme tax incentive, currently under consideration for South Africa, must serve to incentivise not only exploration but also public listed market development and market participation by a diversity of investors. Mining supply sales consultancy AmaranthCX director Paul Miller... 

Flow-through must not only incentivise exploration but also market participation – Miller
Photo by Creamer Media
Mining supply sales consultancy AmaranthCX director Paul Miller

Hopes rise as top firms arrive at potential flow-through share model to stimulate mining exploration  

By: Martin Creamer     27th October 2020 A flow-through share model has been drawn up with the help of top firms to stimulate badly neglected mining exploration in South Africa, Minerals Council South Africa junior and emerging miners leadership forum chairperson Errol Smart said on Tuesday. Speaking to Mining Weekly in a Zoom... 

Hopes rise as top firms arrive at potential flow-through share model to stimulate mining exploration
Minerals Council South Africa Junior Miners’ Forum Chairperson Errol Smart interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

More than 4 000 register for 600 job opportunities at NMP’s Sandpiper project

By: Simone Liedtke     27th October 2020 Project developer Namibian Marine Phosphate’s (NMP’s) job registration drive has received an “overwhelming response”, with more than 4 000 registrations recorded within the first two weeks. Speaking to media on October 27, CEO Chris Jordinson said the sheer number of registrations was likely... 

Covid has highlighted the value of operating remotely – mining editor 

By: Martin Creamer     22nd October 2020 The extraction of data from machinery to improve decision-making is a key benefit of the digital mine and has changed the way that mines manage their assets and perform machine maintenance, Australia Mining managing editor Ben Creagh said on Wednesday. Creagh was speaking during a virtual... 

Covid has highlighted the value of operating remotely – mining editor
ifm Australia’s Freddie Coertze and Aditya Kunder.

Kore Potash starts drilling at DX Project

By: Simone Liedtke     22nd October 2020 Potash development company Kore Potash has started the planned drilling programme for Phase 1 of a definitive feasibility study (DFS) for its DX Project. Kore has a 97% interest in the Kola and DX Potash projects in the Sintoukola basin, in Congo-Brazzaville. 

Mining committed to doing all it takes to improve worker health – Matlala 

By: Martin Creamer     15th October 2020 Minerals Council South Africa VP and Masoyise Health Programme chairperson Zanele Matlala on Thursday committed the South African mining industry to doing all it takes to ensure that employee lives are saved and health is improved. Speaking at a global virtual health seminar to reprioritise... 

Mining committed to doing all it takes to improve worker health – Matlala
Photo by Creamer Media
Minerals Council South Africa VP and Masoyise Health Programme chairperson Zanele Matlala

Kore Potash receives authorisation for drilling of additional holes at DX project

By: Donna Slater     14th October 2020 JSE-listed potash development company Kore Potash has received authorisation from the Congo-Brazzaville Department of Tourism and Environment to start with the planned drilling programme for the definitive feasibility study (DFS) for the company’s DX project. Kore, which owns 97% of the Kola and... 

Danakali appoints potash expert as COO

By: Donna Slater     13th October 2020 ASX- and LSE-listed potash company Danakali has appointed Dr Rod McEachern as COO, effective December 3. According to the company, his appointment strengthens and deepens Danakali’s potash mining and processing knowledge and leadership capability.  

Brazil Potash eyes fundraising round after US elections

By: Reuters     13th October 2020 Canada-based Brazil Potash has filed initial documents with US regulators ahead of a $50-million fund-raising round around November that would value the fertilizer venture at about $520 million, CEO Matt Simpson said on Monday. Simpson said the company, part of a push to launch large-scale... 

BCI completes A$47.9m raise

By: Esmarie Iannucci     9th October 2020 Salt and potash developer BCI Minerals has completed the retail entitlement offer component of its one-for-two fully underwritten, accelerated non-renounceable entitlement offer, marking the completion of its A$47.9-million capital raise. The company said that under the retail entitlement offer,... 

Mining majors must convince investors of need to replace value – Sir Mick Davis  

By: Martin Creamer     8th October 2020 Major mining companies need to convince investors of the crucial need to replace the value that they are taking out of the ground, mining luminary Sir Mick Davis said on Thursday. “Every single day that they take something out of the ground, that value disappears forever, and unless you do... 

Mining majors must convince investors of need to replace value – Sir Mick Davis
Mining Weekly’s Martin Creamer reports on Sir Mick Davis at Joburg Indaba. Video: Darlene Creamer

Exploration strategy in three months, hydrogen under scrutiny – DMRE  

By: Martin Creamer     8th October 2020 A comprehensive exploration strategy will be developed in the next three months and engagement on the potential of the platinum group metals-linked hydrogen economy is taking place, Department of Mineral Resources and Energy director-general Advocate Thabo Mokoena said on Thursday. In a keynote... 

Exploration strategy in three months, hydrogen under scrutiny – DMRE
Mining Weekly’s Martin Creamer reporting on DMRE DG Advocate Thabo Mokoena. Video: Darlene Creamer.

CMSC appoints Aggreko as power supply contractor for Colluli plant

By: Tasneem Bulbulia     8th October 2020 Dual-listed Danakali has announced that Colluli Mining Share Company (CMSC) has appointed Aggreko as its preferred power supply contractor for a 12 MW heavy fuel oil (HFO) power plant at the Colluli sulphate of potash project in Eritrea. A 12.36 MW thermal HFO solution was chosen as the most... 

Flow-through must form part of overall exploration strategy – Minerals Council  

By: Martin Creamer     7th October 2020 The introduction of a flow-through share scheme must form part of a full suite and package of measures tailored for a comprehensive exploration strategy for South Africa, Minerals Council South Africa CEO Roger Baxter said on Wednesday. Speaking during question time on day one of the Joburg... 

Flow-through must form part of overall exploration strategy – Minerals Council
Mining Weekly’s Martin Creamer putting a question at Joburg Indaba. Video: Darlene Creamer.

Lake Disappointment gets federal backing

By: Esmarie Iannucci     2nd October 2020 ASX-listed Reward Minerals’ Lake Disappointment sulphate of potash (SoP) project, in Western Australia, has bridged another hurdle with the federal Department of Agriculture, Water and Environment granting an environmental approval. “This is one of our most significant achievements to date for... 

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