CHART: China fears see hedge funds enter unprecedented bearish position on major commodities including crude oil, gasoline, gold, copper, corn and wheat.
Learn about this, as well as mining's contributions to Manitoba in wealth and safety.
ICL, a global manufacturer of products based on specialty minerals that fulfill essential needs of the world’s growing population in the agriculture, processed food and engineered materials markets, announced today that its ICL Fertilizers segment (“ICLF”) has launched its new fertilizer in Brazil -PolySulphate™.
Low potash prices have made the prospect of developing the Kronau potash mine in Saskatchewan uneconomic.
Unless demand picks up or more miners cut output, prices for raw materials are set to stay low for years, or worse, continue to drop, the investment bank predicts.
A miserable $400 million down from a high of $4.6 billion in 2012.
The Baltic Dry Index which tracks bulk shipping rates on more than 50 routes around the world drops to lowest since 1985.
The biggest drops were in the construction sector in Latin America (-41%) and in the resources industry in Asia (-37%).
The Legacy mine, located approximately 50km north of the city of Moose Jaw, will be the first new potash operation built in the last 40 years in Saskatchewan.
Sales of excavators expected in China for entire 2015 is fewer than the total in March 2011 alone.
Mining in the Alps dates back much further than previously thought — in the Austrian region of Montafon since the Bronze Age.
Britain’s only potash mine is cutting hundreds of jobs and switching away from potash production in a further blow to industry in north-east England.
Until now, there was no legislature clarifying issues such as whether resources mined from celestial bodies could be sold on Earth.
The stock ignored news from Zambia where President Edgar Lungu said he would not allow the firm to lay off workers at its Mopani Copper Mine, as it mothballs it for 18 months.
The company also fell behind the consensus estimates for both earnings and revenue.
The Gold Report reached out to experts who have been around through enough cycles to know and asked for the clues they watch that an acquisition might be imminent
At fifth plenum Beijing recommits to high economic growth rates, faster urbanization and indicates it's willing to step in to make it happen.
Since the end of the “flash crash” that hit markets on August 24, when the Dow dropped 1,100 points in the first five minutes of trading, miners have been up.
U.S.-led project aims to make it easier and less expensive to obtain rare earth elements from various waste streams from the phosphate industry.
In 2011, during the peak of the so-called “mining boom”, the sector was worth nearly US$2.5 trillion.
The fertilizer giant also announced temporary inventory shutdowns as it deals with a weakening potash market.
Potash in Saskatchewan can be likened to oil in Saudi Arabia. Vast and plentiful, and controlled by a select few.
Mark Simmonds has been appointed Director of the Company with effect from 10 November 2015.
Company has laid off 46 unionized workers, or 8 percent of the workforce, at its Colonsay, Saskatchewan potash mine as potash supply is outstripping demand.
Commodity Sentiment Index shows it's always coldest before the dawn.
The $3.15 billion project will tap into the world’s largest and highest grade deposit of polyhalite, used as a fertilizer, inside the North York Moors National Park.
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