Canpotex Mining News

Potash Corp. and Agrium merged firm to be called Nutrien

The firm will be world’s largest potash miner and No.2 nitrogen fertilizer producer.

PotashCorp says expected sector recovery has already begun

The Canadian miner, the world’s largest producer of the fertilizer by capacity, expects strong demand to continue this year as North American farmers seek to replenish soil nutrients after record harvests.

Potash producer Belaruskali to make new kind of fertilizer — report

The company is also said to be mulling a number of investment projects involving a Chinese chemical company.

Mosaic to pay hefty fine over accident at its Colonsay potash mine

Mosaic was charged with fines of more than more than $85,000 after a worker's leg was crushed in a conveyer in February 2014.

Potash Corp profit down 70% on weaker prices, expects challenging year ahead

The firm anticipates “challenging market fundamentals” in the phosphate-fertilizer market, adding that it is currently assessing the value of some assets, which may lead to writedowns.

Mosaic to reopen Colonsay potash mine in a matter of days

Decision to resume operations at the mine was based on Mosaic's expectations that 2017 will be a stronger year for the potash industry.

Miners trapped at Canada’s Allan potash mine rescued and safe

The 114 miners who were trapped underground following a fire are now home and operations will resume today.

Potash Corp cuts production, lays off 140 from Cory mine

The company also said it expects layoffs resulting from temporary production halts at its Lanigan and Allan mines in early 2017.

Aussie iron ore magnate Rinehart invests in UK's biggest potash mine

Sirius Minerals’ York mine is expected to be one of the world’s largest in terms of the amount of resources extracted, generating an initial 10 million tonnes of polyhalite per year.

ISS gives Potash Corp-Agrium merger its blessing

The deal, the biggest Canadian merger since CNOOC Ltd. bought Nexen Energy ULC in 2013, would create the world’s largest crop-nutrient supplier, worth about $36 billion.

Potash Corp. and Agrium merge, create $36bn fertilizer giant

The combined firm will be the world's largest crop nutrient producer and third largest natural resource company in Canada.

Potash Corp confirms merger talks with Agrium, shares halted

A tie-up could produce a fertilizer giant worth more than $30 billion.

China signs long-delayed potash deal with Belarus at 30 pct less than last year’s price

Analysts see the long-awaited deal to sell potash to Chinese buyers as good news for the beleaguered sector, even though the agreed price is dramatically lower than last year’s.

Weak potash prices force Mosaic to idle Colonsay mine, hundreds laid off

The company has set Jan. 3 as the restart date for the mine, but that may change based on market conditions.

BHP said to be after Potash Corp again

BHP has been developing its own Canadian potash mine — the Jansen project — in Potash Corp's backyard, and has already invested about $3.8 billion on it.

Russia-Belarus potash pact may stage a comeback

Belarus has said it might cooperate with Uralkali, in the first sign the two sides might work together since the Russian potash producer broke off their business alliance in 2013.

Canpotex abandons plans for $775-million B.C. export terminal

The overseas marketing arm of Saskatchewan’s three largest potash producers, has abandoned its plans to build a $775-million shipping terminal at the Port of Prince Rupert in British Columbia.

Sirius Minerals lines up contractors for huge potash mine, may lower cost estimates

Sirius' mine, located beneath a U.K. national park, is set to generate an initial 10 million tonnes per year of polyhalite – a form of potash.

Sirius Minerals to supply 500,000 tonnes of fertilizer a year to Chinese firm

The offtake deal with Huaken International is for seven years from the moment the York Potash mine is up and running.

K+S Potash to hire 150 workers for its Canada’s Legacy project

The Legacy mine, located approximately 50km north of the city of Moose Jaw, will be the first new potash operation built in the last 40 years in Saskatchewan.

Construction of giant York Potash mine to begin next year

The $3.15 billion project will tap into the world’s largest and highest grade deposit of polyhalite, used as a fertilizer, inside the North York Moors National Park.

K+S secures major potash supply deal from its Canadian Legacy mine

The agreement with Kansas-based Koch Fertilizer comes as the European firm attempts to fend off a takeover bid from Potash Corp.

K+S rejects again takeover offer from Potash Corp.

The latest offer was unchanged in its value, but included a more formal “business combination agreement,” K+S said

Potash to outweigh effects of low oil prices in Saskatchewan's economy — BMO

While oil production is expected to drop by 4% this year, potash output will jump 8%, BMO forecasts.

Canpotex finalizes pricing deal with China

While it did not release price terms, it is believed the group will be selling its crop nutrient for US$315 per a tonne,