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Potash News

Elandsfontein water-use licence appeal hearing starts 

By: Marleny Arnoldi     11th December 2019 A Water Tribunal hearing into an appeal against the granting of an integrated water-use licence for Aim-listed emerging African phosphate producer Kropz’s 74%-owned Elandsfontein project, in the Western Cape, started on Wednesday. The company advised that it would not provide further comment on... 

EPA approves Lake Disappointment

By: Esmarie Iannucci     10th December 2019 The Environmental Protection Authority (EPA) has recommended the environmental approval of the Lake Disappointment potash project, in Western Australia, being developed by ASX-listed Reward Minerals. Lake Disappointment, located 320 km east of Newman, would produce 400 000 t/y of sulfate of... 

Kalium closes funding for SoP project

By: Esmarie Iannucci     9th December 2019 ASX-listed Kalium Lakes has achieved financial close, allowing the first draw-down on the project debt facilities for its Beyondie sulphate of potash (SOP) project in Western Australia. Kalium in July this year secured a near $102-million of senior debt funding from KfW IPEX-Bank, as well as... 

Kore buys drill rigs, other equipment

By: Simone Liedtke     6th December 2019 Potash exploration and development company Kore Potash has bought two drill rigs and ancillary equipment from Equity Drilling for use in a prefeasibility study (PFS) drilling campaign at the DX project in Congo-Brazzaville. As consideration for the acquisition, 22-million new ordinary shares in... 

Salt Lake raises cash for Lake Way

By: Esmarie Iannucci     6th December 2019 ASX-listed Salt Lake Potash will raise A$23.5-million through a share placement to a number of new Australian institutional investors, to fund the ongoing development of its Lake Way sulphate of potash (SOP) project, in Western Australia. Furthermore, the company on Friday reported that it has... 

India to open up potash mining for private miners

By: Ajoy K Das     3rd December 2019 The government of the central Indian state of Rajasthan has taken a policy decision to open up potash mining to private miners through the auction of reserves. Currently, India is entirely import dependent for its domestic potash requirements with local fertiliser producers shipping in an average... 

AFC invests $50m in Danakali

By: Marleny Arnoldi     3rd December 2019 Africa Finance Corporation (AFC) has made a $50-million, or A$74-million, strategic equity investment in ASX-listed potash developer Danakali. AFC acquired shares in Danakali at a price of A$0.60 apiece.  

Nutrien’s potash mine closure adds to bite of Canada rail strike

By: , Bloomberg     25th November 2019 The world’s largest fertilizer producer plans to temporarily close its biggest potash mine as the impact of a Canadian rail strike continues to spread. Nutrien said Monday it notified workers of a two-week shutdown starting December 2 at its Rocanville mine in the western Canadian province of... 

Ethiopia vows to remove barriers to investment in mining

By: Reuters     25th November 2019 Ethiopia vowed on Monday to remove barriers to investment in its mining sector, focusing efforts on minerals used in agriculture and construction which will help drive its industrialisation. Ethiopia, which has a mostly artisanal mining industry, wants to woo foreign mining companies to... 

Haunted by ghost workers, Tunisian phosphate miner seeks revival

By: , Bloomberg     21st November 2019 Tunisia says it’s on track to restore once economically crucial phosphate output to levels approaching those before the 2011 Arab Spring uprising, as its beleaguered state-owned miner undergoes a shakeup. Output will probably be at least 4.1-million tons in 2019, up from 2.8-million tons the... 

Resources Watch 

21st November 2019 Hyve portfolio head discusses the 26th Investing in Africa Mining Indaba; And, NMP still banking on marine phosphate project despite enviro objections 

Resources Watch
Resources Watch

Solar reducing electricity costs, lowering diesel use   

By: Martin Creamer     20th November 2019 Solar power is playing a major role in reducing daytime electricity bills and lowering diesel use in off-grid diesel consuming areas, says SunRanch.Solar, whose clients are benefiting from below grid power costs and major diesel savings. “We reduce people’s daytime power costs by 60% to 70%,”... 

Solar reducing electricity costs, lowering diesel use
SunRanch.Solar talks to Mining Weekly Online’s Martin Creamer. Video: Nicholas Boyd

CN Rail strike begins in threat to Canadian oil, potash cargo

By: , Bloomberg     20th November 2019 About 3 200 workers at Canadian National Railway Co went on strike at midnight Tuesday, threatening to crimp shipments of oil, potash and grain across the country. Conductors and yard operators at Canada’s largest railway walked off the job after failing to reach an agreement with the company... 

Salt Lake signs SoP offtake

By: Esmarie Iannucci     18th November 2019 Potash developer Lake Way Potash has inked three binding term sheets for sulphate of potash (SOP) offtake from its Lake Way project, in Western Australia. The ASX-listed company on Monday said that a total of 170 000 t/y of volume has been committed to three leading fertilizer distributors over... 

Sirius reveals revised plan for UK fertiliser mine

By: Mariaan Webb     11th November 2019 London-listed Sirius Minerals has unveiled a new development plan for its fertiliser mine project, in North Yorkshire, sending the UK project developer’s share price surging. The initial phase of one-million tonnes a year will require an investor or debt financing for $600-million by the end of... 

Sirius reveals revised plan for UK fertiliser mine

Billionaire Dangote, Togo agree to $2bn phosphate project

By: , Bloomberg     8th November 2019 Dangote Industries will invest in a $2-billion phosphate project in Togo, positioning itself to become a main supplier of fertiliser in West Africa. The company controlled by Nigerian billionaire Aliko Dangote will mine an estimated two-billion tons of phosphate in nearby Togo for processing as... 

Three dozen rescued after blast in east German potash mine

By: Reuters     8th November 2019 Around three dozen mine staff in eastern Germany were rescued on Friday after being trapped 700 m below ground following an unexplained blast in a potash mine, police said. The local broadcaster MDR reported that firefighters had carried out a rescue operation, and shortly afterwards local... 

Ethiopia awaits proposals for revival of fertiliser complex

By: , Bloomberg     4th November 2019 Ethiopia is awaiting proposals from European and Asian companies for a joint venture intended to oversee the revival of a stalled fertiliser complex. The unidentified firms have expressed interest in developing the Yayu Fertilizer Complex comprising a fertiliser plant, a 90-MW thermal power... 

Emmerson bumps up resources at Morocco project to 500Mt

By: Marleny Arnoldi     28th October 2019 London-listed potash project developer Emmerson has announced an updated mineral resource estimate (MRE) for its Khemisset potash project, in Morocco, indicating a 72% increase in total resource to 537-million tonnes, grading about 9.24% potassium oxide. Based on a 2018 scoping study, the... 

Emmerson bumps up resources at Morocco project to 500Mt

Uralkali kicks off 2020 potash deals with India accord

By: , Bloomberg     25th October 2019 Russia’s Uralkali became the first global potash miner to sign supply agreements with India for next year, at a price that may be encouraging for fertilizer makers. Uralkali marked the start of the contracting season by agreeing to deliver the nutrient to Indian Potash between this October and... 

Elandsfontein water use licence appeal hearing delayed to December

By: Marleny Arnoldi     24th October 2019 A Water Tribunal hearing into an appeal against the granting of an integrated water use licence for Aim-listed emerging African phosphate producer Kropz’s 74%-owned Elandsfontein project, in the Western Cape, has been postponed to December 11. Kropz has already invested more than $120-million... 

Elandsfontein water use licence appeal hearing gets under way

By: Tasneem Bulbulia     22nd October 2019 A Water Tribunal hearing into an appeal against the granting of an integrated water use licence for emerging African phosphate producer Kropz’s 74%-owned Elandsfontein project, in the Western Cape, got under way on Tuesday. The hearing had initially been scheduled for September but was postponed... 

PFS for Dougou extension project on track

By: Simone Liedtke     21st October 2019 Potash exploration and development company Kore Potash, whose flagship asset is the 97%-owned Sintoukola potash project, in Congo-Brazzaville, has confirmed that the prefeasibility study (PFS) for the Dougou extension project is on track to be completed in April 2020, within budget and with... 

BHP sets date for Jansen potash approval

By: Creamer Media Reporter      17th October 2019 The Jansen Stage 1 potash project, in Canada, will be presented to the BHP board for a final investment decision in February 2021, the diversified mining company announced on Thursday. In order to make a final investment decision, work on engineering to support project planning and on... 

BHP sets date for Jansen potash approval
The Jansen shaft in Saskatoon.

Sirius shares gain on Qatari supply agreement

By: Mariaan Webb     11th October 2019 London-listed Sirius Minerals on Friday announced that it had signed a ten-year supply and distribution agreement with a State-owned Qatari company, sending its share price up 3.5% to 3.55p each by 15:30. Qatar Chemical and Petrochemical Marketing and Distribution Company (Muntajat) will sell... 

Lake Way output increased

By: Esmarie Iannucci     11th October 2019 A bankable feasibility study (BFS) into the Lake Way sulphate of potash (SOP) project, in Western Australia, has estimated that the project would require a capital investment of A$254-million to develop. ASX-listed Salt Lake Potash on Friday told shareholders that the BFS estimated a post tax... 

Biodiversity, climate everyone’s issues – Environment Minister  

By: Martin Creamer     8th October 2019 South Africa is one of the world’s top three mega biodiverse nations along with Brazil and Indonesia, said Environment Forestry and Fisheries Minister Barbara Creecy in her address to the Oppenheimer Research Conference (ORC). “We are thus one of the richest countries in terms of the diversity of... 

Biodiversity, climate everyone’s issues – Environment Minister
Environment, Forestry and Fisheries Minister Barbara Creecy ORC presentation by Mining Weekly's Martin Creamer. Camera Work: Darlene Creamer

Lake Way settles between Blackham and Salt Lake

By: Esmarie Iannucci     8th October 2019 ASX-listed Salt Lake Potash has completed the acquisition of the Lake Way tenements from gold miner Blackham Resources. The two companies in July this year struck a A$10-million agreement under which Salt Lake would acquire the Lake Way tenements, in Western Australia. 

Investment in climate-positive companies growing – Joburg Indaba  

By: Martin Creamer     7th October 2019 Asset managers globally have become the lightning rod of populist views in Western countries, with the conversation now dominated by climate-change issues within the environmental, social and governance (ESG) paradigm as well as what the prospective upheaval in the vehicle industry means for... 

Investment in climate-positive companies growing – Joburg Indaba
Mining Weekly's Martin Creamer on Joburg Indaba climate discussion. Video Editing: Nicholas Boyd. Video: Kutlwano Matlala. Photo: Dylan Slater.

Environment government’s most important Ministry – Oppenheimer  

By: Martin Creamer     4th October 2019 The Environment Ministry is the most important ministry in the government, former mining luminary Nicky Oppenheimer said at this week’s tenth Oppenheimer Research Conference. “Environment is at the forefront of everybody’s mind, and we in South Africa are unbelievably blessed with the environment... 

Environment government’s most important Ministry – Oppenheimer
Former mining luminary Nicky Oppenheimer covered by Mining Weekly’s Martin Creamer. Camera Work: Darlene Creamer. Photograph: Dylan Slater.

Beyondie gets green light

By: Esmarie Iannucci     3rd October 2019 The directors of ASX-listed Kalium Lakes has approved the development of the A$250-million Beyondie sulphate of potash project, in Western Australia. “The decision is the most significant in Kalium Lakes' relatively short history and represents the culmination of an enormous amount of unremitting... 

Beyondie gets green light

New technologies can make mining safer, sunrise industry – Mgojo  

By: Martin Creamer     2nd October 2019 The utilisation of new technologies could make mining a sunrise industry while simultaneously addressing safety and health issues, Minerals Council South Africa president Mxolisi Mgojo said on Wednesday. Responding to a question by Joburg Indaba chairperson Bernard Swanepoel following his keynote... 

New technologies can make mining safer, sunrise industry – Mgojo
Minerals Council South Africa president Mxolisi Mgojo’s address to Joburg Indaba covered by Mining Weekly’s Martin Creamer. Video Editing: Nicholas Boyd. Photograph: Dylan Slater. Video: Kutlwano Matlala.

Proudly South African anti-cable theft technology already deployed on 12 sites

By: Martin Creamer     30th September 2019 It has been said that entering the Elvey Security Technologies headquarters in the Greenstone Hill Office Park, in Modderfontein, Edenvale, is like boarding USS Enterprise on a Star Trek movie set. All the futuristic trappings are evident in this Hudaco company’s Pentagon demonstration room,... 

Proudly South African anti-cable theft technology already deployed on 12 sites
Photo by Creamer Media's Dylan Slater
SOLVING A WORLDWIDE PROBLEM Hudaco executive director Louis Meiring (left) and Commercial ICT MD Brad Morein in futuristic demonstration room.

First glimpse into Mining Indaba 2020 programme 

By: Martin Creamer     26th September 2019 The twenty-sixth Investing in African Mining Indaba – scheduled to take place in Cape Town from February 3 to 6 next year – will offer delegates new insight into issues facing Africa’s resources sector. “We’re building on the success of the 2019 Mining Indaba in terms of the high level of... 

First glimpse into Mining Indaba 2020 programme
Investing in African Mining Indaba.

K+S follows rivals in cutting output

By: Mariaan Webb     24th September 2019 Germany’s K+S Group has followed its potash rivals by announcing a reduction in fertiliser production for potassium chloride, citing a weak market environment. The company, which owns potash mines in Canada, has announced an up to 300 t cut in production by the end of 2019. 

K+S follows rivals in cutting output

Angola adds New York to roadshow itinerary, opens new diamond polisher

By: Rebecca Campbell     13th September 2019 The Angolan Ministry of Mineral Resources and Petroleum has announced that the public bidding process for five minerals concessions, being offered to local and international investors, will be opened on October 7. Previously, it had been expected that the bidding period would run from September... 

Global potash market slowdown sees Nutrien shut down three mines

By: Mariaan Webb     12th September 2019 Potash and phosphates major Nutrien has announced an up to eight-week shutdown at its Allan, Lanigan and Vanscoy potash mines, in Saskatchewan, in response to a slowdown in global potash markets. The company said this week that if all three potash facilities were to be idled for the full eight... 

Global potash market slowdown sees Nutrien shut down three mines
The Lanigan operation.

Kropz’s share price falls on Elandsfontein production delay  

By: Tasneem Bulbulia     12th September 2019 Emerging African phosphate producer Kropz’s share price on the LSE fell by 60% on Thursday after the company announced that the start of production at its 74%-owned Elandsfontein mine, in South Africa, will be delayed. The Aim-listed company reported to shareholders that test work had confirmed... 

Kropz’s share price falls on Elandsfontein production delay
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