Potash News

Potash mining, investment and price news

BHP bows to pressure, to list spinoff in London

Cecilia Jamasmie | October 16, 2014
BHP bows to pressure, to list spinoff in London

The mining giant has made a sharp U-turn on its initial decision to snub a London listing for its $17 billion spinoff.

Mick Davis has now almost $5 billion to build new mining empire

Cecilia Jamasmie | October 15, 2014
Mick Davis has now almost $5 billion to build new mining empire

The former Xstrata boss' new venture, X2 Resources, is "currently reviewing a number of opportunities in the metals and mining sector."

Glencore considered Australia listing: report

Cecilia Jamasmie | October 9, 2014
Glencore considered Australia listing: report

The commodities trader and miner explored a stock-exchange listing Down Under.

Canada launches $1.25bn large-scale carbon capture and storage plant

Cecilia Jamasmie | October 2, 2014
Canada launches $1.25bn large-scale carbon capture and storage plant

The project, first of its kind in the world, aims to demonstrate that the so-called “clean coal” technologies are feasible.

Rio Tinto, Glencore could save $500m by joining coal businesses

Cecilia Jamasmie | September 30, 2014
Rio Tinto, Glencore could save $500m by joining coal businesses

It would also create a a 15-kilometre long ‘‘super pit’’ from the union of Rio’s Mount Thorley Warkworth and Glencore’s Bulga open-pit mines.

UK authorities to review bid for $2.7bn potash project in national park

Cecilia Jamasmie | September 30, 2014
UK authorities to review bid for $2.7bn potash project in national park

Analysts say this is “make or break” time for the company behind the massive mine, Sirius Minerals.

Russia's Uralkali CFO resigns

MINING.com News | September 29, 2014

Viktor Belyakov has resigned from his position as Chief Financial Officer of one of the world's largest potash producers.

BHP freezes executive pay

Frik Els | September 25, 2014
BHP Billiton cuts spending by 25%

CEO Andrew Mackenzie's pay package is already only half that of his predecessor.

CHART: BHP before and after spin-off

Frik Els | September 25, 2014
CHART: BHP before and after spin-off

Bubble chart shows heavy reliance on iron ore and oil for revenues and profits post demerger.

BHP to go ahead with London-listing of demerged $15bn firm

Cecilia Jamasmie | September 24, 2014
BHP to go ahead with London-listing of demerged $15bn firm

New company would still have its primary listing in Australia, with secondary listings in South Africa and the UK.

What will Ivan buy next? Take 2

Frik Els | September 18, 2014
What will Ivan buy next? Take 2

"All that's required is to hand the world’s best mining assets to the world’s best management."

Eric Coffin: can investors still find tenbaggers?

The Gold Report | September 17, 2014
Gold stocks

Coffin believes that in the short term a price of $1,200/oz is possible, though there is room now for an oversold bounce.

Inside potash potentate's $300m yacht

Frik Els | September 17, 2014
melnichenko_yacht_youtube_400

Andrey Melnichenko is taking Uralkali and Potashcorp head on by building two $5bn potash mines, but spent the summer cruising from Ketchikan to Seattle.

Uralkali: No plans to bring back Russia-Belarus potash pact

Frik Els | September 16, 2014
Uralkali: No plans to bring back Russia-Belarus potash pact

No going back to clubby system of tightly controlled global supply and set prices that served North American and European producers so well in the past.

Frik Els

What will Ivan buy next?

Frik Els | September 15, 2014
What will Ivan buy next?

A GlenTinto is not as far-fetched as it sounds.

Frik Els

$8bn mining private equity needs to be spent. And soon

Frik Els | September 14, 2014
$8bn mining private equity needs to be spent. And soon

Countercyclical investors sitting on $8 billion unspent funds have been waiting for clear signs of a market bottom. The wait may well be over.

Saskatoon miners safe after underground potash mine fire

mineweb - daily news headlines | September 12, 2014

Around 8:30 p.m. CST Thursday, the last 3 miners who had taken refuge in safety stations at the Allan mine were brought to the surface after 24 hours underground.

These are the top risks miners face

Cecilia Jamasmie | September 11, 2014
These are the top risks miners face these days

Productivity, followed by capital decisions and obtaining a social license to operate, are among the top risks global mining and metals companies face.

Potash Ridge anticipates busy fall at Blawn Mountain Project

Resource Investing News | September 2, 2014

Canada’s Potash Ridge is moving forward with intentions to start large mining operations at the Blawn Mountain sulfate of potash project.

Potash: Come back Baumgertner, all is forgiven

Frik Els | August 28, 2014
Potash: Come back Baumgertner, all is forgiven

One year after Vladislav Baumgertner blasted the global potash market wide open, the now ex-Uralkali CEO's predictions seem to be playing itself out.

Busy times ahead: global mining deals on their way up

Cecilia Jamasmie | August 24, 2014
Busy times ahead: global mining deals on their way up

Gold assets among favourites.

Glasenberg: 'Supercycle ain't over' – demand 'higher than it’s ever been'

Frik Els | August 20, 2014
Glasenberg: 'Supercycle ain't over' - demand 'higher than it’s ever been'

Glencore CEO Ivan Glasenberg strikes positive note after announcing jump in profits, output and better trading conditions at Swiss commodities giant.

Potash prices, oversupply scaring potential Jansen partners: BHP

Cecilia Jamasmie | August 19, 2014
Potash prices, oversupply scaring potential Jansen partners: BHP

Chief Executive Officer Andrew Mackenzie said the project ramains in BHP's main plans, but added the firm is not in a rush to develop it.

Cecilia Jamasmie

Demerged BHP may not hold on to coal assets for long: analysts

Cecilia Jamasmie | August 18, 2014
Demerged BHP may not hold on to coal assets for long: analysts

The division contributed just $746 million of the $21.12 billion earnings BHP reported for the 2013 financial year.

BHP spinoff could be worth $12 billion

Frik Els | August 18, 2014
BHP spinoff could be worth $12 billion

Speculation is of a new Perth-based company with current CFO Graham Kerr at the helm housing non-core assets including Australian lead-silver mine.

BHP says demerger preferred option

Frik Els | August 15, 2014
BHP says demerger preferred option

Decision to to lob off Billiton assets could come as early as next week.

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