The 2.8-million tonnes per year greenfield facility would mine the potash using the solution method.
In this interview with The Energy Report, Churchill examines agricultural trends and discusses companies that can benefit from the world's increasing appetite, including one company with a streaming model unique in the ag sector.
The world's No.1 miner will continue boosting its iron ore output, adding to a global glut and keeping pressure on prices.
With the deal, Potash Corp. could regain some of its historic dominance over the fertilizer market, since the two companies combined account for 30% of the global potash production.
The deals represent two ground-breaking initiatives to make Canada’s mining industry more fuel-efficient and environmentally friendly.
Perhaps. But when a sector is so downtrodden that it barely shrugs at major global economic events, there is little left to lose.
With this impairment BHP will have written down its oil and gas business by more than $4 billion since 2011.
The company also said it expects final decision notices for key approvals by the end of September.
They argue Potash Corp's main objective is to seize its rival's ambitious Legacy project in southern Saskatchewan and scale it back.
Getting — and keeping — a social license to operate, as well as resource nationalism, remain among the top five business risks for the industry.
The market may be factoring in a roughly 60% chance that Potash Corp. successfully acquires K+S AG, but one analyst from J.P. Morgan thinks the odds are much lower.
A special committee voted 8-7 in favour of the project, expected to generate at least 1,000 permanent jobs and inject US$1.6 billion a year to the British economy.
Potashcorp shares jump after making unsolicited bid for Europe's largest potash producer amid fundamental shifts in the industry.
Bear market is more than 1,000 days old and nearly 1,200 companies have dropped off the Toronto venture market.
The company will hear by June 30 whether it will be allowed to mine polyhalite, a type of potash fertilizer, from a deposit located under Brittan’s North York Moors national park.
The world's largest potash miner is said to be mulling a merger with Uralchem, one of its main shareholders.
Israel's ICL has signed several contracts to supply its Indian customers with a total of 835,000 tonnes of potash.
PwC's John Gravelle on the mining industry's austerity drive, price realities and declining exploration spending.
A third of money raised is destined for Canadian projects while Australia's share of global total drops to only 5%.
Over the last decade economic events or environmental issues came out as top risks to the world according to the annual WEF survey. Not this year.
The goal is to facilitate the mining, production and distribution of the fertilizer in Eastern and Southern Africa.
The story behind "Covergalls," one of the first ladies' coveralls that include wrist snaps, adjustable Velcro at the waist and two-way zippers to fit various sizes — and of course a secret trap door for when nature calls.
Mining and logging was the big exception in Friday's payroll numbers with 18,000 jobs lost in May, the worst month since the global financial crisis.
This is not the first time the company’s rights for its Amazonas project have been at risk of being revoked for failure of tax payments.
They shed $156 billion in market value last year, or about 16% of their combined worth, according to PwC.
Manganese is primarily known for its use in steel production, which makes up about 90% of the metal’s demand. However, manganese is also an essential micronutrient that is needed for plant life.
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