Potash Mining News

Nutrien steers potash recovery as BHP waits in the wings

Canada's Nutrien Ltd, the world's biggest potash miner by capacity, has helped engineer a surprising price rebound for the fertilizer by idling capacity.

Lithium boom unlikely to disrupt potash market — analyst

While lithium and potash are often found in the same deposits and mined together, the increasing number of projects aimed at producing the white metal shouldn’t have an impact in the potash market.

Israel seeks early re-tender of mining rights to shore up Dead Sea

The Dead Sea is seen as offering "unlimited supply" of minerals.

China's Shandong province cuts steel and coal capacity in environment plan

Shandong's Environmental Protection Bureau said it would cut pig iron production capacity by 600,000 tonnes and crude steel by 3.55 million tonnes by the end of this year.

Caterpillar says tariffs will wipe out up to $200M

Demand for mining as well as oil and gas equipment is so strong that the company said it was taking orders for delivery well into 2019.

Canada scaring mining investors with long, unclear permit processes

Study released Tuesday by the Fraser Institute, British Columbia, Ontario and Quebec are the three main provinces where exploration permit processes have grown longer and less transparent over the past 10 years.

Nutrien sells stake in Arab Potash to China’s SDIC

The $502-million transaction makes the Chinese company Arab Potash's majority shareholder.

Miners wrote off almost one-third of investments over last decade

From the $939bn invested in major projects between 2008 and 2017, the world’s top 40 mining companies by market cap. wrote-off $273bn or 29% of the initial capital outlay.

Africa's richest man signs $650 mln Afreximbank loan for oil refinery

The seven-year term loan would attract a moratorium of five years, according to facility terms read out during the signing.

Eritrean potash deposit company readies London listing

Danakali Limited said joining the London Stock Exchange would help it raise the cash it needs to fund development of the Colluli deposit in eritrea.

Mr. Sam Farris succeeds Dr. Ulrich Lamp as President of K+S Potash Canada

Bethune is the K+S Group’s largest investment in North America to date. After officially opening in May of 2017, the mine became the first new solution potash mine in Saskatchewan in nearly 50 years.

Orion Resource Partners raising $500m in royalty, streaming fund

Miners are turning to alternative sources of finance as the industry has struggled to woo back traditional financiers.

Sirius Minerals soars after securing supply deal for Nigerian market

Shares in Sirius Minerals (LON:SXX) were off to the races on Wednesday after it announced it had secured a major seven-year African supply deal.

Indian regulator approves Nutrien’s sale of stake in SQM to Tianqi

The Competition Commission of India green-lighted the $4.1 billion deal reached in May between the Canadian potash giant and China’s Tianqi Lithium.

Chile antitrust watchdog probing Tianqi buy of lithium miner stake

The country's antitrust regulator is investigating the effects on the market of Chinese miner Tianqi Lithium acquisition of a 24% stake in SQM, the world's second largest lithium producer,

Trump trade war blows up big week for mining majors

A week choc-a-bloc with billion dollar copper, iron ore and cobalt deals ends with huge drop in prices and sell-off in stocks of mining's biggest names.

RANKED: Commodities that are added to mining company names

No surprise who the winner is.

Brazil's new mining code rules rolled out

The new rules are a clear effort to improve the current legislation as seamlessly as possible, but in close attention to the international industry dynamics and to a number of other sensitive issues (such as environmental recovery and security).

Brazilian President changes decades-old mining laws to lure investment, protect environment

The two separate decrees aim at making the local industry more competitive and sustainable, while while implementing rules on the collection of higher mining royalties.

Australia takes over Chile as world’s No.1 lithium producer

It produced 4,600 tonnes of lithium more than Chile in 2017 boosted mainly by record output at Mt Cattlin and Mt Marion mines.

Brazil’s President to change mining regulations as early as next week

Michel Temer is expected to issue a decree next week introducing key changes to mining rules that date back to the 1960s.

Rio Tinto signs JV exploration deal with China’s Minmetals

The companies are committed to explore for mineral deposits first in the Asian country and then the rest of the world .

What are "critical" minerals and what is the US going to do about them?: Andy Home

The Trump administration is strategizing to reduce import reliance for metals "critical to the economic and national security of the United States."

Mergers and acquisitions in Canada stage exceptional comeback in Q1

However, the Canadian Mining Eye index — which tracks the performance of 100 Toronto Stock Exchange and TSX Venture Exchange mid-tier and junior mining companies — dropped 8% in the three months to March 2018.

US confirms list of 35 key minerals, targets domestic supply boost

Uranium and key rechargeable battery metals lithium and cobalt are on a final list of 35 critical minerals that the US deems essential to national security.