Last year's fertilizer price plunge called strategy into question.
According to the company, the mine will employ about 1,800 workers during construction and generate 1,000 permanent jobs once opened.
The drilling program at the miner's Captain Cook salt/potash deposit in Western Newfoundland will consist of two holes.
As BHP considers the sale of almost all of the businesses that Billiton brought to the 2001 merger deal, experts say the firm is likely to end up leaving London.
This is big news as it proves once again the strong working relationship between Potash Ridge [and the State agencies of Utah, USA.
While it did not disclose the costs and planned capital expenditure for the Albany project, Rio has previously said the deposit had enough potash to sustain a low cost operation for decades.
The exclusivity agreement, which expired last week, would have given BHP the right to develop a potash port close to its Jansen project.
Net profits from progressing economies-based miners reached $24 billion in 2013, compared to a net loss of $4 billion for developed market firms.
This represents a significant permitting milestone for the Utah, United States-based project.,
The company is temporarily extending operations at its Penobsquis mine in New Brunswick, citing tight conditions in the granular potash market.
World's largest mining company said to be unloading all of the non-core units acquired after the merger with Billiton 13 years ago.
Brent Cook from Exploration Insights chats with Cambridge House Live anchor Vanessa Collette about the state of the junior mining sector.
African Potash, the AIM listed exploration company focused on sub-Saharan potash assets, is pleased to announce that it has completed the interpretation of seismic data and delineated four prospective drill targets at its Lac Dinga Potash Exploration Project in the Republic of Congo (‘Lac Dinga’ or the ‘Project’).
CEO Andrew Mackenzie says miner's China-focused investment is shifting and its rapid iron ore expansion came at the expense of the overall business.
Zebra mussels reproduce quickly and can disrupt the food chain, clog water pipes and create algae.
On May 30, we issued an updated research report on Potash Corp. While the fertilizer company should gain from a healthy demand environment in North America this year, it remains exposed to volatility in potash and phosphate pricing.
The Japanese firm is said to be looking to either acquire the project, or restart it as partner of Vale.
The BC NDP urban and rural divide.
Check out today's infographic on the new Visual Capitalist website.
Russian Dmitry Rybolovlev, ex-owner of potash giant Uralkali, loses six-year divorce court battle.
Cost cutting by mining companies may damage the viability of advancing future projects.
Foreign direct investment is shifting from extractive industries to consumer-related sectors according to new report.
Companies’ low valuation, the current focus on operational efficiency in the mining sector, and the chase for overseas assets by Chinese investors, are pushing deals up.
Canadian mining and metals deals plunged 51% in terms of value and 13% when it comes to volume in the first quarter of 2014. Yet results show a sustained improvement, says EY's latest report.
Project generators operate in different markets and stages of project development. Risk profiles vary considerably; leading to diversification within the universe.
Levels of conflict and political violence have risen significantly in 48 countries, most of them considered traditional mining destinations.
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