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.
A wave of bankruptcy is sweeping an industry already hit by competition from inexpensive natural gas, tougher environmental rules and a global coal glut that has decimated prices.
He found his fortune in northwestern British Columbia.
Getting through the downturn.
A day after reporting a significant jump in the number of pipeline failures, the Alberta Energy Regulator is now investigating one of the biggest ruptures in the province in years.
The star of the show was a 341.9 carat diamond —unveiled in April —, which sold for $20.55 million
Lake Shore Gold trumps earlier offer for Temex Resources and its flagship Whitney project in northeastern Ontario.
Canadian mine takes top honours but Russia and USA dominate the rankings.
The Chamber of Mines wants the government to reconsider its decision to hike corporate income tax rate on mineral processing from 30% to 35%, which came in effect July 1.
Instead of high-pressure steam, Canada's largest oil and gas producer wants to send radio waves down to heat the bitumen.
The Vancouver-based company said it is on track to pour its first gold at the mine in the first quarter of 2016.
Teck Resources Ltd. is delaying the planned startup of a multibillion-dollar oil sands mine by at least five years, becoming the latest company to push back development as shaky energy markets threaten profits in the high-cost sector.
A group of scientists is asking international authorities to temporarily halt the approval of new underwater mining contracts until further environmental controls are put in place.
In the past year, they've lost 9.4% of their value, the recently launched Zimnisky Global Rough Diamond Price Index shows.
The company also said it expects final decision notices for key approvals by the end of September.
Production is authorized at half the normal rate.
They argue Potash Corp's main objective is to seize its rival's ambitious Legacy project in southern Saskatchewan and scale it back.
The human rights committee is currently meeting in Geneva, Switzerland, ahead of finalizing its report and is hearing from Canadian non-government groups, including Amnesty, and from the federal government.
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.
The code, which is yet to be formalized into law, respects clauses in existing deals, said the miner.
Ottawa hopes new emissions rules will get the long-delayed Keystone XL pipeline one step closer to US State Department approval.
Highlighting a decade of our geoscience contributions to British Columbia.
The extension is for the miner's permits for emissions into the atmosphere and waste disposal into the tailings pond.
If you’ve ever been to a diamond investment pitch you’ve probably seen ‘The Chart,’ the one where diamond demand soars, while supply trails forlornly in its wake.
The company, which owns a gold project in Mongolia, is optimistic about the country's stance towards foreign mining investment over the coming years.
The B.C. government did not fail in its duty to proactively disclose concerns that had been raised over the Mount Polley tailings pond, the province's Information and Privacy Commissioner said Thursday.
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