The project, located in Salta, Argentina, could produce 10,000 tonnes lithium carbonate equivalent per year over a 25 year mine life.
Potash Mining News
Mining companies across the globe now consider the risk of losing their licence to operate as the biggest risk to their businesses in the next two years
Changes to Brazil’s 50-year-old mining regulations also came in effect Wednesday and include measures that make the country’s industry more competitive and sustainable.
Albuquerque, 60, will tackle offshore oil licensing rounds and planned energy privatizations.
The company’s chief financial officer has outlined a detailed plan on how to not waste a whole lot of shareholders’ money again.
It remains unclear how many head-office jobs at Nutrien are being counted towards the incentive, with a Saskatchewan government official citing "confidential tax information" as the reason why.
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.
In the past two years, Cat has been working on growing its offering, particularly in the underground segment, as well as filling up some gaps in terms of trucks sizes.
Nutrien says it will focus on increasing potash production in Saskatchewan where operating costs are lower and no capital needs to be invested.
EY’s Canadian Mining Eye index — which tracks the performance of 100 Toronto Stock Exchange and TSX Venture Exchange mid-tier and junior mining companies — dropped 12 percent in the third quarter of the year when compared to the previous three-month period.
Capital expenditure among the 10 largest metals and mining companies is forecast to advance to about $35 billion this year, the first annual rise since 2013.
The mining community is salivating.
The world's no.1 heavy machinery maker reported third-quarter earnings that topped analysts’ estimates, but said the ongoing trade dispute resulted in $40 million in extra costs for materials in the period.
He is said to have already begun training three to four people to succeed him in the job.
World salt exports rose to 64 million tonnes in 2017, up 10 million tonnes from 2016.
DRA is a high quality multi-disciplinary global Project Management and Engineering group with strong African experience and EPCM delivery capability.
Transportation of considerable amounts of waste water to offsite storage basins will likely cause extra costs over the next few months.
Two major shareholders of Brazilian mining company Vale SA are likely to reach an agreement on Wednesday to pay 2.82 billion reais ($692 million) to Eletron to settle a dispute over Vale shares.
Miner announced a share swap Monday, handing over £27m of stock for a 30 per cent stake in Cibra, Brazil's sixth largest distributor and a subsidiary of the privately held Omimex Group, a Texan oil and gas company.
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.
Fertiliser miner Danakali aims to raise $322 million this year to develop giant potash reserves in Eritrea.
"It is not just China."
The project, majority owned by a unit of Sichuan Road & Bridge, is a group of four deposits on the outskirts of the capital Asmara.
Companies that make and move things are now a bigger part of Canada’s stock market than those that dig them up.
Canada's Nutrien Ltd, the world's biggest potash miner by capacity, has helped engineer a surprising price rebound for the fertilizer by idling capacity.