K+S Mining News

Germany's K+S axes earnings guidance as severe drought hits production

The Germany-based fertilizer producer now forecasts earnings before interest, taxes, depreciation and amortisation (EBITDA) between 570 and 630 million euros, compared with previous forecast of 660 to 740 million euros.

K+S flags $93m hit on Q3 profit due to drought

Transportation of considerable amounts of waste water to offsite storage basins will likely cause extra costs over the next few months.

German K+S halts production at 2nd site as severe drought drags on

Hattorf is the second site the company has had to shut down in the last two weeks due to a severe drought affecting the country, especially in the northern and eastern parts.

K+S Potash Canada honoured to be named one of Saskatchewan’s Top Employers

This designation follows KSPC being named one of Canada’s Top 100 Employers for 2018 in November.

K+S shares sink as salt firm's shake-up turns sour

Company will combine its salt and potash businesses to make savings and target customers more effectively.

K+S Potash Canada and Pacific Coast open handling and storage facility

The premises is the western port destination for potash from KSPC’s new multibillion dollar Bethune mine in southern Saskatchewan, the first new potash mine in Canada’s premiere potash belt in nearly 50 years.

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.

K+S Bethune mine in Canada churns out first tonnes of potash

The mine, which began operations last month, is expected to produce 600,000 to 700,000 tonnes of potash this year and 2 million tonnes per year once at full capacity.

K+S Potash, Ducks Unlimited in $2.8 million project to protect wetland in Saskatchewan

K+S Potash Canada (KSPC) has committed over $2.8 million in funding for wetland conservation through an agreement with Ducks Unlimited Canada (DUC) to ensure wetlands affected by the Bethune mine are offset through the restoration and preservation of wetlands across Saskatchewan.

K+S Potash cuts the ribbon at its Canada’s Legacy mine, now ‘Bethune’

It's the first potash mine built in the Canadian province of Saskatchewan in more than 40 years.

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.

Another potash mine coming soon to Canada’s Saskatchewan

Western Potash said it’s moving ahead with its Milestone project, expected to produce 146,000 tonnes of potash annually over 12 years of planned operations.

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.

K+S Potash to begin production at its Legacy mine in Saskatchewan in Q2

Before the end of 2017, K+S Potash Canada and Amec Foster Wheeler hope to start production at their Legacy project in Saskatchewan.

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.

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.

K+S warns Q2 profit dramatically lower than a year earlier, shares collapse

The German fertilizer producer blamed weak prices, production outages and scarce sales for the poor results.