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Potash News

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... 

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

Highfield finds buyer for Spanish potash

By: Esmarie Iannucci     11th September 2019 ASX-listed Highfield Resources has inked a memorandum of understanding (MoU) with Swiss-based agri business Ameropa AG for the sale of 250 000 t of muriate of potash from the Muga mine, in Spain. “We are pleased to have signed this important offtake MoU, which is a further acknowledgement within... 

Highfield finds buyer for Spanish potash

Mosaic curtails 500 000 t of US phosphates capacity

By: Creamer Media Reporter      10th September 2019 US-based phosphates and potash producer Mosaic Company on Monday announced that it would idle its Lousiana phosphates operations to help balance the global market. Idling of the Louisana operations would reduce production by about 500 000 t in 2019 and would accelerate the reduction of high... 

Australian Potash looks at Geraldton for exports

By: Esmarie Iannucci     9th September 2019 ASX-listed Australian Potash has signed a joint cooperation agreement with the operator and manager of the Geraldton port, in Western Australia, allowing the company to continue to optimise its logistics and port options for the Lake Wells sulphate of potash (SOP) project. “The agreement allows... 

Mosaic resumes full operations at Brazil mines

By: Mariaan Webb     6th September 2019 The Araxá and Tapira phosphate mines of The Mosaic Company have resumed mining at full capacity, following the idling of these mines in April to comply with stability certification of their tailings dams. The Catalão mine, also idled due to the regulatory requirements, resumed operations in June. 

Angola is presenting mineral concessions in international centres

By: Rebecca Campbell     6th September 2019 The Angolan Government is currently engaged in an international roadshow to showcase mineral concessions that the country will make available to local and foreign investors. The roadshow started with a presentation in Luanda on August 27, with the second presentation to be held in Dubai on... 

Jubilee’s Windsor PGM project fully operational

By: Tasneem Bulbulia     5th September 2019 Dual-listed Jubilee Metals Group on Thursday announced that the joint venture platinum group metals (PGM) recovery plant targeted for the recovery of the PGM-rich material owned through its subsidiary Windsor SA has successfully been commissioned and is fully operational. The project, which holds... 

Kore appoints new CFO

By: Creamer Media Reporter      30th August 2019 Exploration and development company Kore Potash has appointed Andrey Maruta as CFO, effective from September 23. He will succeed John Crews, who is stepping down for personal reasons. Crews will remain available to Kore until November to ensure a smooth transition. 

DMRE accepts URU subsidiary’s Zebediela mining right application

By: Tasneem Bulbulia     30th August 2019 The South African Department of Mineral Resources and Energy (DMRE) has approved the mining right application submitted by Aim-listed URU Metals’ Lesego Platinum Uitloop (LPU) subsidiary. LPU is the holder of three prospecting rights that form the Zebediela project, in the Limpopo province. 

Green light for Canadian firm’s Utah potash mine

By: Mariaan Webb     29th August 2019 The US has authorised the construction of Canadian developer Crystal Peak Minerals’ 298 000 t/y sulphate of potash (SOP) mine, in west-central Utah. The Department of Interior' record of decision (ROD) for the Sevier Playa project has been hailed as the company’s “most important milestone” and... 

Green light for Canadian firm’s Utah potash mine
Crystal Peak will be producing speciality fertilisers in Utah.

DFS completed at Lake Wells

By: Esmarie Iannucci     28th August 2019 The Lake Wells sulphate of potash (SoP) project, in Western Australia, could deliver free cash flows of A$3.1-billion over its 30-year mine life, a definitive feasibility study has found. ASX-listed Australian Potash on Wednesday reported that at a capital cost of A$208-million, the Lake Wells... 

Billionaire-backed Kropz faces crucial water license hearing

By: Bloomberg     15th August 2019 Kropz, which is almost half owned by South African billionaire Patrice Motsepe’s African Rainbow Capital Investments, is set to face a crucial test next month that will determine the future of its flagship project. Representatives of the Elandsfontein phosphate mine, which Kropz has spent at... 

Foskor board to finalise sustainability plan within six months  

By: Terence Creamer     13th August 2019 Foskor chairperson Bobby Godsell reported on Tuesday that the company’s board was conducting a comprehensive review of the group’s underperforming operations with the aim of developing a sustainability plan within the coming six months. Foskor, which mines phosphate rock and magnetite in Limpopo... 

Foskor board to finalise sustainability plan within six months
Foskor chairperson Bobby Godsell and IDC CEO TP Nchocho on prospects for turning around the company. Camera Work & Editing: Nicholas Boyd. Recorded: 13.7.2019

Credit approval received for Colluli power plant

By: Tasneem Bulbulia     8th August 2019 ASX-listed Danakali on Thursday announced that the African Export Import Bank (Afreximbank) had granted credit approval to provide preferred power contractor Inglett & Stubbs International (ISI) with a $42-million guarantee that would facilitate senior debt funding for the Colluli sulphate of... 

US rain bruises Mosaic, leaves Nutrien unscathed

By: Bloomberg     6th August 2019 The world’s top two fertiliser makers have emerged from a tough crop-planting season in the US very differently: one bruised and the other relatively unscathed. World No. 2 crop-nutrient maker Mosaic reported adjusted earnings that missed analyst estimates for the second quarter, during which... 

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