One year after Vladislav Baumgertner blasted the global potash market wide open, the now ex-Uralkali CEO's predictions seem to be playing itself out.
Gold assets among favourites.
Glencore CEO Ivan Glasenberg strikes positive note after announcing jump in profits, output and better trading conditions at Swiss commodities giant.
Chief Executive Officer Andrew Mackenzie said the project ramains in BHP's main plans, but added the firm is not in a rush to develop it.
The division contributed just $746 million of the $21.12 billion earnings BHP reported for the 2013 financial year.
Speculation is of a new Perth-based company with current CFO Graham Kerr at the helm housing non-core assets including Australian lead-silver mine.
Decision to to lob off Billiton assets could come as early as next week.
Index gained 9% from April to June, outperforming the S&P/TSX Composite index, which gained 6%, and the London Metal Exchange index, which gained 7% in the same period.
CEO says company "well set" to advance project.
Trend of mine production moving to emerging economies will continue.
If you’ve priced potash lately, you’ve noticed prices haven’t come down. Prices jumped last fall due to short supply, but they have yet to soften.
Operations at Agrium’s Vanscoy potash mine in Saskatchewan will remain suspended after a mechanical failure on its main hoist system on July 25.
The potential mine could generate $2 billion worth of royalties for the province over the course of 40 years, and sustain close to 600 jobs.
AIM-listed African Potash Ltd Tuesday said that it has begun drilling at its Lac Dinga Potash Project in the Republic of Congo.
Cost reduction measures in the mining industry could well have undermined the sector's productivity, which remains down, according to a new EY report.
Last year's fertilizer price plunge called strategy into question.
According to the company, the mine will employ about 1,800 workers during construction and generate 1,000 permanent jobs once opened.
The drilling program at the miner's Captain Cook salt/potash deposit in Western Newfoundland will consist of two holes.
As BHP considers the sale of almost all of the businesses that Billiton brought to the 2001 merger deal, experts say the firm is likely to end up leaving London.
This is big news as it proves once again the strong working relationship between Potash Ridge [and the State agencies of Utah, USA.
While it did not disclose the costs and planned capital expenditure for the Albany project, Rio has previously said the deposit had enough potash to sustain a low cost operation for decades.
The exclusivity agreement, which expired last week, would have given BHP the right to develop a potash port close to its Jansen project.
Net profits from progressing economies-based miners reached $24 billion in 2013, compared to a net loss of $4 billion for developed market firms.
This represents a significant permitting milestone for the Utah, United States-based project.,
The company is temporarily extending operations at its Penobsquis mine in New Brunswick, citing tight conditions in the granular potash market.
World's largest mining company said to be unloading all of the non-core units acquired after the merger with Billiton 13 years ago.
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