Mosaic Company Mining News

Mosaic suspends phosphate mines in Brazil after new rules for dams

It is unclear how long the dams' suspension will last.

Fifty-five workers back to surface after fire at potash facility in Saskatchewan

After spending almost an entire day at underground refuge stations, 55 workers at The Mosaic Company’s K2 potash facility made it safely to surface.

Mosaic says quarterly revenue rises 12 pct

Company said rising potash and phosphate prices boosted net sales.

Vale closes sale of fertilizer business to Mosaic for $1.4 billion

Brazilian mining giant is retaining control of the TIPLAM port terminal, which was originally included in the deal.

Vale to get $1.35 billion less for fertilizer business

The South American miner wants to retain control of the TIPLAM port terminal, which is an asset originally included in the deal.

Sulphur prices spike, traditional fertilizer makers struggle

Sulphur prices rose to about $110 a tonne this quarter, $36 more than what the product cost last quarter.

Nexans to power the world’s largest potash mine

French firm has secured an eight-year contract to provide power cable and support services for the Mosaic K3 potash mine in Canada.

Vale resumes sale of remaining fertilizer assets in Brazil

A reworked sale process for plants located in the southeastern city of Cubatão was reportedly launched in recent days.

Vale not giving up on Rio Colorado potash project just yet

Instead, the company is moving forward with a new prefeasibility study for the Argentina-based asset.

Vale to sell fertilizer business to Mosaic for $2.5 billion

Mosaic has agreed to acquire most of Vale's phosphate assets in Brazil, its stake in Peru's Bayovar mine and the firm’s Kronau potash project, in Canada.

Vale may reconsider selling $10 billion in core assets — report

If prices for the commodities it mines continue to pick up, the firm must cancel plans to sell some of its best assets.

Vale board OK’s sale of fertilizer unit — report

Most of the division’s assets will be acquired by Mosaic, the world’s largest producer of phosphate fertilizer.

Mosaic Four Corners capitalizes on phosphate production through its powerful kinetic mesh network

Case study of how favorable results were achieved with a new wireless communication network at Mosaic Four Corners' phosphate mines.

Mosaic in talks to acquire Vale fertilizer unit in $3bn deal — report

A cash-and-stock deal is said to be the favourite option at this point, though the parties are also discussing other alternatives.

US fertilizer Mosaic profit beats expectations, but sales drop

The company also fell behind the consensus estimates for both earnings and revenue.

Mosaic announces new $1.5bn share repurchase authorization

The move would allow the potash firm to reacquire Class A or common shares, through open market purchases, accelerated share repurchase arrangements, privately negotiated transactions or otherwise.

Mosaic announces $1.7 billion potash mine expansion

Mosaic Co. has announced it will spend $1.7 billion to expand its K3 potash mine near Esterhazy, Saskatchewan.

New US potash mine about to clear final licensing hurdle

The Ochoa mine could produce about 714,400 tons of sulphate of potash per year for a minimum of 50 years.

Mosaic buys fellow fertilizer CF Industries’ phosphate business for $1.4bn

The acquisition will allow Mosaic to abandon its plans to build a $1.1-billion ammonia manufacturing plant in Faustina, Louisiana.

Uralkali considers dropping out of cartel sending potash shares for a nose-dive

Now the potash industry may be opening up, creating more opportunities for companies to market themselves.