Potash Mining News

China’s slowdown is miners' single biggest fear this year — report

Based on answers from 51 senior executives, lawyers White & Case say that trade tensions are the second largest challenge for the mining industry in 2019 and reveal what the underlying full-picture looks like.

Emmerson moves forward with Africa’s hottest new potash project

Company has completed a scoping study at its Khemisset project in northern Morocco, which shows it has the potential to be among the world’s lowest capital cost potash mines.

World class potash project in Eritrea closer to development

Danakali, an Australian-based miner, has moved to within sight of developing the potential world-class Colluli potash project which sits close to the Red Sea which is Eritrea's eastern border.

Nutrien merger effects ongoing one year later

The company has begun to settle into its new role in the agriculture world and according to retailers and producers it hasn’t really shaken things up all that much.

Human activity creates 208 new mineral species

Study shows mining has sparked "unparalleled inorganic compound diversification" like rabbittite at Lucky Strike, Utah and a handful found on smelter walls

Lithium, potash producers lead miners amid stocks surge

But Newmont Mining prevents perfect performance for S&P 500.

Germany's K+S ups production outlook for Werra potash plant

The Germany-based fertilizer producer raised production outlook as weather-related production stoppages at one of its plant will be shorter than previously thought.

BHP's $20B Canadian potash dilemma: To build or not?

BHP Group may be heading for another clash with investors as the world’s biggest miner gets closer to a decision on whether to build, sell or mothball.

International Lithium estimates 25-year mine life at Mariana JV with new study

The project, located in Salta, Argentina, could produce 10,000 tonnes lithium carbonate equivalent per year over a 25 year mine life.

Losing licence to operate new and biggest threat to miners — EY

Mining companies across the globe now consider the risk of losing their licence to operate as the biggest risk to their businesses in the next two years

Brazil launches new mining agency days before Temer steps down

Changes to Brazil’s 50-year-old mining regulations also came in effect Wednesday and include measures that make the country’s industry more competitive and sustainable.

Navy admiral named Brazil’s Minister of Mines and Energy

Albuquerque, 60, will tackle offshore oil licensing rounds and planned energy privatizations.

BHP searching for assets with lessons learned during downturn in mind

The company’s chief financial officer has outlined a detailed plan on how to not waste a whole lot of shareholders’ money again.

Nutrien getting head office tax break, province won't disclose cost of subsidy

It remains unclear how many head-office jobs at Nutrien are being counted towards the incentive, with a Saskatchewan government official citing "confidential tax information" as the reason why.

Germany's K+S axes earnings guidance as severe drought hits production

The Germany-based fertilizer producer now forecasts earnings before interest, taxes, depreciation and amortisation (EBITDA) between 570 and 630 million euros, compared with previous forecast of 660 to 740 million euros.

Caterpillar steps up game to keep leadership in North America

In the past two years, Cat  has  been  working  on  growing  its  offering,  particularly  in  the  underground  segment,  as  well  as  filling  up  some  gaps  in  terms  of  trucks  sizes.

Nutrien permanently shutters New Brunswick plant

Nutrien says it will focus on increasing potash production in Saskatchewan where operating costs are lower and no capital needs to be invested.

Canadian miners’ performance in Q3 hit by lower metal prices

EY’s Canadian Mining Eye index — which tracks the performance of 100 Toronto Stock Exchange and TSX Venture Exchange mid-tier and junior mining companies — dropped 12 percent in the third quarter of the year when compared to the previous three-month period.

Spend don't splurge, investors tell miners as M&A, capex surges

Capital expenditure among the 10 largest metals and mining companies is forecast to advance to about $35 billion this year, the first annual rise since 2013.

Amazon's mining treasure at stake as Bolsonaro leads Brazil vote

The mining community is salivating.

Caterpillar plummets after flagging tariffs-triggered high material costs

The world's no.1 heavy machinery maker reported third-quarter earnings that topped analysts’ estimates, but said the ongoing trade dispute resulted in $40 million in extra costs for materials in the period.

Glencore boss Ivan Glasenberg to retire in 3-5 years — report

He is said to have already begun training three to four people to succeed him in the job.

China chloralkali industry key driver of world salt market growth – report

World salt exports rose to 64 million tonnes in 2017, up 10 million tonnes from 2016.

DRA Global confirmed as preferred EPCM contractor for Colluli

DRA is a high quality multi-disciplinary global Project Management and Engineering group with strong African experience and EPCM delivery capability.

K+S flags $93m hit on Q3 profit due to drought

Transportation of considerable amounts of waste water to offsite storage basins will likely cause extra costs over the next few months.