The machinery manufacturer logged earnings of $2.82 per share on revenue of $12.9 billion, surpassing expectations.
Potash Mining News
Davenport Resources reported a maiden Joint Ore Reserves Committee-compliant resource of 576.6-million tonnes at 12.1% potassium oxide at its Ebeleben mining licence.
A diamond drilling campaign is about to start at the Salobro Zinc Project.
The second largest ever private equity fund focused on mining closed in the first quarter – 13 funds aim to raise a further $4.9 billion in 2018.
Michigan Potash Co. is closer than ever to start building a potash mine in the state.
The miner is withdrawing from the World Coal Association over a clash of views on how to fight climate change, with BHP saying it’ll reap little benefit from staying on as a member.
Cobalt, nickel still on the boil, but gloomier outlook reflected in copper price and fall in market value of top mining companies during first quarter.
Shares of some of the largest potash producers soared on speculation that the accident could knock out a large chunk of global production capacity.
Eurochem expects to produce a total 500,000-600,000 tonnes of potash in 2018.
Several factors have led to the project delay, including cash availability and the struggling potash market.
Securing the debt will be the final milestone to bring the York project into production.
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.
Goderich has undergone a modernization process in the past six years, which requires less manual labour.
The mining industry is awash with cash, and so far it’s got two main uses — pay down debt and reward investors.
The Swiss miner and commodities trader Glencore said its solid finances will let it to pursue more acquisitions if opportunities arise.
New report says "deals in lithium, copper and cobalt are expected to feature high on the agenda of management teams across the industry."
Company said rising potash and phosphate prices boosted net sales.
The administration wants to identify new domestic sources of critical minerals and increase domestic exploration, mining and recycling.
Charge is due to due to cuts in the US Federal corporate income tax rate, the world’s biggest mining company said.
Australasian Centre for Corporate Responsibility says it needs 100 shareholders to co-file resolution at Rio’s upcoming annual general meeting.
Rio’s renewed interest in SQM is welcome by the Chilean government, which had expressed concerns about a potential and dangerous concentration in the market should major lithium producers, such as China’s Tianqi, acquire the 32% interest in SQM.
Mining and metal companies are rediscovering the downside of rallying prices: higher costs.
Consulting firm Deloitte has published what it says will be the top-10 global trends in the mining industry this year.
The world's largest mining and construction equipment maker beat market expectations for fourth quarter earnings and said its sales growth momentum is expected to continue in 2018.
This designation follows KSPC being named one of Canada’s Top 100 Employers for 2018 in November.