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.
Potash Mining News
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.
One person is dead following an incident at Compass Minerals' salt mine located on North Harbour Road in Goderich, Ontario.
Takeover brings together two of the UK's largest energy services companies.
John Kaiser also talks Donald Trump and warning signs for speculators
Over 24,000 people attended this year's Prospectors & Developers Association of Canada’s Convention — a strong indication that confidence has returned to the mineral exploration and mining industry.
Encanto says will sign deal with existing producer to fulfil contract with state-owned Indian trader for 2m tonnes of potash per year.
For the second consecutive year, PDAC will host the International Mines Ministers Summit (IMMS) with 25 countries attending to it.
Several MAC members already formally participate in the Voluntary Principles on Security and Human Rights Initiative (VPI) and several others apply the VPs for their operations abroad.
Study shows mining has sparked "unparalleled inorganic compound diversification" like rabbittite at Lucky Strike, Utah and a handful found on smelter walls