Potash Mining News

Gold price rally boosts Canada’s mining sector growth

Strong performance also came on the back of strategic initiatives, such as non-core asset sales, aggressive cost control measures and a disciplined approach in reducing debt.

Authorities to assess unwanted potash deposit in Canada's New Brunswick

Province wants to assess the remaining potash resource, if any, near the now closed Penobsquis mine.

Workers raise concern over K+S Potash Legacy mine road

K+S is responsible for the maintenance on the road, and they acknowledge that there are issues.

Intrepid Potash idles US mine, lays off hundreds

The Denver-based potash miner is placing its West facility in New Mexico in "care and maintenance” beginning July.

BHP resumes expansion plans, says not waiting for prices to recover

Strategic shift comes as the world's biggest miner tries to regain investors' confidence.

Luxembourg aims high with asteroid mining deals

It’s home to just a half-million people, but the country is not thinking small when it comes to the future of mining.

Vale back in the black on higher iron ore prices, currency

Vale’s results for the first three months of 2016 makes it the best-performing major iron-ore miner so far this year.

Anglo American to sell Brazilian units to China Molybdenum for $1.5 billion

The niobium and phosphates division, which consists of mines, plants, processing facilities, chemical complexes and deposits, was one of Anglo’s more profitable businesses.

Vale gives its potash project in Argentina a second chance

The miner has scaled down the project and it now aim to produce 1.3 million tons of potash a year, down from the 4 million tons originally planned.

Emerging trends in the mining industry

Despite the dilemmas in recent years, which continue to persist, emerging trends in the mining industry may offer solutions — or at least opportunities for improvement industry-wide.

X2 said to miss out on Anglo's Brazilian mines

Mick Davis's private equity firm not on shortlist featuring Vale, Mosaic and Eurochem for $1.5 billion phosphate and niobium operations in South America.

Miners spending again: $50 billion capex in five months

Confidence returns to mining sector as announced capital outlays surge to $108 billion – greenfield project spending up three-fold in first quarter.

Potash miners hit by increased competition, supply amid low prices

Analysts, companies expect prices to stay below 2015 levels for at least the next two years.

Canadian potash companies lack major 2016 supply deal

Not only Canadians, but also producers from Russia and Belarus have yet to sign 2016 contracts with Chinese importers.

Did BHP just call the bottom of the mining cycle?

CEO Andrew Mackenzie said over the weekend "the commodities fall has stopped". Not only that – after recent rallies six are back in bull markets.

Here’s how much Canadian miners are currently making

They are definitely making more than those working in forestry, manufacturing, finance and construction.

Canada’s mining industry backs national carbon price

The country's largest mining companies recommend a broad-based carbon price applicable to all sectors of the economy.

Canada unveils final anti-corruption law for the extractive sector

Estimated to cover the nearly 2,000 natural resource companies whose businesses are registered in Canada or trade on Toronto’s stock exchange.

Canadians to develop space mining tool

Deltion Innovations aims to design a drill that would prospect for water, ice and resources on the moon and beyond.

Breakthrough aircraft to transform remote mining

Lockheed lands $480m customer for aircraft combining power of helicopter, airplane and hovercraft dramatically altering mining and exploration economics.

Ultra-bearish call on copper, oil prices

Barclays says commodity gains this year not supported by fundamentals– sector vulnerable to wave of investor liquidation that could knock prices down 20–25%.

Afghanistan may contain large resources of undiscovered potash: USGS

Together with other Central Asian countries it is said to have the potential to hold between 39 and 54 billion metric tons of undiscovered potash resources.

The end of the global diversified miner?

New report predicts mining's majors will increasingly move away from diversification strategies to concentrate on competitiveness in certain core sectors.

Private capital is ready to invest $7 billion in mining

Half of private capital funds say it's easier to find attractive investments in the sector new study finds.

CAT sales show mining slump only getting worse

Industry bellwether Caterpillar's global mining equipment sales drop 42% as Asia-Pacific and Latin America orders fall off a cliff.