Potash Mining News

Mining has nothing to fear from Fed rate hikes

Study shows commodities have been the best performing asset class during Fed rating hike cycles since 1983 with average returns for industrial metals 44%

Glencore posts worst half-yearly profit since listing in London

Despite a rebound in commodity prices and successful costs cuts, Glencore remained in the red in the six months to end-June.

Here's what Canada needs to regain leadership in mineral exploration and mining

Mineral and mining industry highlights top priorities at Energy and Mines Ministers’ Conference.

These are Canada’s priorities when it comes to environmental assessment reviews

Between September and January, a federal panel will review how Canada handles environmental assessments for major resources projects and provide suggestions.

BHP may mothball $2.6 billion Jansen potash project if prices remain weak

The company, however, said it continues looking for a partner to take the venture off the ground.

World’s No. 1 miner BHP Billiton posts $6.4bn annual loss — its worst-ever

Not even counting the $7.7 billion in write-downs and charges, BHP’s underlying profit dropped by a painful 81% to $1.2 billion for the year to June.

It’s not just oil – Canada’s potash industry is going through its own bust

A wave of overbuilding and production increases in recent years — spurred by a spike in crop prices and a perceived demand that didn't quite materialize — have left the market flooded with supply.

Here is how fertilizers drive food prices

Study shows that, in the long run, a doubling of fertilizer prices leads to a 44% increase in food prices.

CHARTS: Maybe India can ignite new commodity supercycle

Rapid, large-scale urbanization will see India's top three cities rival the combined economies of Vietnam, Philippines and Malaysia.

Asteroid miner Deep Space to launch first commercial mission by 2020

The mission's goal is to map a target asteroid, looking for deposits of water and other resources with visible and infrared cameras.

Here is why these mining and metals companies left the TSX

Experts blame increased number of mergers and acquisitions, but there’s more to it, study shows.

Gold price rally sparks $50 billion of commodity investments

New report shows commodity assets under management jumping to $235 billion, the best performance since 2009, largely due to physical gold ETF inflows.

Karnalyte shelves financing talks for new potash mine

Negotiations fall through with Gujarat State Fertilizers and Chemicals.

African Potash Limited trading update – new supply agreement secured

African Potash will supply Rockwell with fertiliser products (NPK and Urea) to be sold on to prospective buyers, namely retail outlets who sell fertilisers to farmers in Zambia.

China snaps up $4.5bn worth of overseas mining assets in just six months

Most of them have been after existing operations and companies, rather than trying to build mines from scratch.

BHP's really in no hurry for Jansen potash

Progress at BHP project in Saskatchewan only 14% closer to completion after a year's work.

Heavy snowfall in Chile forces Anglo to cut annual copper target

Shares plunged after miner revealed that output fell almost across the board in the April – June period.

Canadians spent over $32bn in mining acquisitions in first half of 2016

Overall, Canadian deal-making in the first half of the year fell in line with the global cooling down trend that has followed the record valuations of 2015.

Mick Davis to overhaul X2 Resources as fund fails to close any mining deal

Recovering commodity prices and investors' veto on deals have frustrated Davis and his team in their search for mining and metals bargains.

Karnalyte Resources Inc. releases updated technical report for potash and magnesium mine at Wynyard, Saskatchewan

The technical report independently confirms the size and unique composition of Karnalyte's deposit which support the project's economic viability.

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.

Gold price rally helps producers climb world’s top 25 mining companies list

Study shows there are more bullion miners among higher market capital ranking of mining companies in second quarter of 2016 than a year a go.

INFOGRAPHIC: Silver skyrockets post-Brexit, energy is back!

Energy had an impressive comeback in Q2, with natural gas and oil being the best performing commodities of the quarter.

BHP said to be after Potash Corp again

BHP has been developing its own Canadian potash mine — the Jansen project — in Potash Corp's backyard, and has already invested about $3.8 billion on it.