Company could seek approval from the board for Jansen's expansion as early as June 2018, said chief executive Andrew Mackenzie.
Potash Mining News
US activist investor steps up pressure on BHP to ditch petroleum. Mackenzie says company already knows what to do to lift value by 50% and double return on capital.
Move comes on the heels of calls from shareholders including activist investor Elliott Management and Australia’s Tribeca Investment Partners for a change of BHP's corporate structure.
Park authority confirmed Sirius Minerals has started building its mine.
Governments, industry players, unions expected to sign federal mining agreement this week, which aims to double investment in the sector to $25bn in eight years.
Whether we’re discussing the ancient merchants that traversed the legendary Silk Road, or the transfer of goods across modern border lines, trade has always been about building close relationships.
It's the first potash mine built in the Canadian province of Saskatchewan in more than 40 years.
The Canadian miner, the world’s largest producer of the fertilizer by capacity, expects strong demand to continue this year as North American farmers seek to replenish soil nutrients after record harvests.
Net income totalled $2.5 billion, compared with profit of $525 million in the prior three months and almost $1.8 billion a year earlier.
The miner said decision was unrelated to Elliott Management's call earlier this month to unlock shareholder value by spinning off about $22 billion of BHP's US oil assets.
The giant equipment maker's quarterly profit surged past estimates helped by a recovery in most of its end markets.
Canadian Arianne Phosphate has selected FLSmidth as key supplier for one of the world's biggest greenfield phosphate rock projects, the Lac à Paul project in Quebec’s Saguenay-Lac-Saint-Jean region.
The new plant, to be based at the Karabil potash deposit, is estimated to be worth about $1.4 billion.
Western Potash said it’s moving ahead with its Milestone project, expected to produce 146,000 tonnes of potash annually over 12 years of planned operations.
The company is also said to be mulling a number of investment projects involving a Chinese chemical company.
Worries about Chinese economy and rising tension surrounding North Korea brings fear trade to mining and industrial metals.
EuroChem Group AG, a leading global fertilizer company headquartered in Zug, Switzerland, has selected Veolia Water Technologies’ proven HPD® crystallization technology for its VolgaKaliy Mine Expansion project in Russia’s Volgograd region.
JV company Vanguard Potash Corp would develop a small 250,000 tonnes per annum potash mine, initially.
Encanto Potash Corp. is pleased to confirm the incorporation of the Encanto Potash Trading Company, a wholly owned subsidiary of Encanto Potash.
Equipment and services suppliers will have to wait at least another year until they can fully feel the impact of this trend, says CSA Global — the world's second-largest mining sector consultancy.
IC Potash Corp. is creating a subsidiary that will focus on enhancing yields for cannabis growers and increasing the health impact and effects for consumers.
Before the end of 2017, K+S Potash Canada and Amec Foster Wheeler hope to start production at their Legacy project in Saskatchewan.
Mosaic was charged with fines of more than more than $85,000 after a worker's leg was crushed in a conveyer in February 2014.
First mining development in Saskatchewan on First Nations land
"Investors are willing to back their positive sentiment towards natural resources with fresh capital commitments," says new study.