Two Chinese banks are among the eight institutions that have provided Uralkali a $530 million loan.
China’s largest construction company was in talks to buy a controlling stake in Allana Potash Corp. that was worth more than the takeover bid the junior miner eventually accepted.
Director of $1bn fund discusses Denham's unique approach, the vibrant parts of the M&A market and what juniors should do to attract capital.
Davis is said to be finalizing talks with a Toronto-listed miner, in a deal that could kick-off a long awaited buying spree.
Mining transactions almost doubled last year and the trend is likely to stretch over 2015, as lower commodity prices are making some unprofitable.
Despite the overall pessimism, mining CEOs remain just as confident on their own company’s growth as they were in previous years.
While it did not release price terms, it is believed the group will be selling its crop nutrient for US$315 per a tonne,
The mining giant has also asked for local laws to be flexible enough to keep pace with other countries.
The deal aims to speed up development of Allana’s promising Danakil potash project, in northeast Ethiopia.
The move may be the first of many more competitive deals by producers in the potash market, which has historically operated with large joint ventures controlling prices.
The Quebec government has given the go-ahead to build a controversial phosphate rock mine in a region best known for Canadian iron ore mining.
The first two months of 2015 failed miserably to dispel gloomy market conditions affecting the global mining industry, according to a study published Wednesday.
According to analysts from Credit Suisse, Chinese importers will settle at $320 a tonne, versus $305 a tonne they paid last year.
The plug should be pulled on these marginal junior miners, say investors.
Mosaic Co. has announced it will spend $1.7 billion to expand its K3 potash mine near Esterhazy, Saskatchewan.
RBC Economics is forecasting that the Saskatchewan economy will grow in 2015, even in the face of dropping oil prices.
The former Xstrata boss’ new firm may soon pull the trigger on some big deals at a time of low commodity prices and willing sellers.
Aussie Highfield Resources has added grid electricity supply to the growing list of infrastructure items ticked for its flagship Muga Potash Mine in northern Spain.
The company announced further positive results from trials comparing its polyhalite potash with ordinary potash.
While the earth contains enough potash to meet the increased global demand for crop production, some regions lack potash deposits needed for optimal food crop yields, the latest global assessment of the resource by the USGS shows.
The move is a bet to become the company's main supplier and expand PotashCorp's presence in Latin America.
While criminal charges against Vladislav Baumgertner, former Uralkali CEO, were ditched, he may face further damages claims as part of the so-called potash case.
Mineweb reported that the second underwater mining project proposed by Chatham Rock Phosphate Ltd. (NZE:CRP) has been rejected due to the potential environmental impact to the seabed.
The Norwegian fertilizer firm Yara International (OTCMKTS:YARIY) has confirmed the potential to mine potash from the Danakil Depression in northeastern Ethiopia.
The Canadian province of Manitoba is wading into the potash industry that has proven so lucrative to its neighbour, Saskatchewan.
If a junior mining company is in a dire enough situation, they may hit the “reset” button and rollback their stock.
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