Potash Mining News

Canada to fully phase out coal power by 2030

Gov’t will work with the four provinces that still burn coal to reach the goal of making sure 90% of Canada's electricity comes from sustainable sources by 2010.

Miners increased spending positive, but far from reaching staff just yet

While most miners have managed to straighten the balance sheets, they have not began preparing to deal with a new looming risk —their ability to access workers with the skills needed in an upswing.

How one small potash company will revolutionize a whole industry

The last half of 2016 has proven to be extraordinary for potash as several mega deals may finally re-spark the sector.

Moody’s downgrades Potash Corp. as fertilizer slump lingers

Moody’s Investor Service on Friday downgraded the credit rating of Potash Corp. of Saskatchewan, citing concerns of a longer-than-expected fertilizer slump, ahead of the company’s planned merger with rival Agrium Inc.

Luxembourg shoots for the stars, invests $28 million in Planetary Resources

The funding, which includes direct investment and grants, aims to help the asteroid mining company launch its first commercial prospecting mission by 2020.

Glencore did better as commodity trader than miner in Q3

While output was down for most commodities it mines and sales, it has improved earnings forecast for its trading unit.

Hatch granted new Canadian patent in potash and mineral salt cooling pond technology

Hatch is pleased to announce it’s been granted a new patent for potash and mineral salt pond crystallization—the only filed patent that has been validated to increase production over the “conventional wisdom” approach that is typically used today.

Vale may reconsider selling $10 billion in core assets — report

If prices for the commodities it mines continue to pick up, the firm must cancel plans to sell some of its best assets.

Aussie iron ore magnate Rinehart invests in UK's biggest potash mine

Sirius Minerals’ York mine is expected to be one of the world’s largest in terms of the amount of resources extracted, generating an initial 10 million tonnes of polyhalite per year.

Equity markets all but closed for mining IPOs

Miners have to look at debt, private investors and alternative financing like pre-pays for growth capital according to new report.

Canadian miners trapped in elevator

Four employees at Agrium's Vanscoy potash mine spent six hours in an industrial elevator.

Vale board OK’s sale of fertilizer unit — report

Most of the division’s assets will be acquired by Mosaic, the world’s largest producer of phosphate fertilizer.

Mick Davies' X2 Resources fails to deliver, frees investors from commitments

Launched three years ago with a $5.6bn war chest, the fund once hailed as leader of a new wave of mining investment changes course.

Caterpillar axes sales forecast, warns factors depressing orders could linger

While quarterly earnings beat analysts expectations, revenue fell short of estimates and CAT also lowered its full-year guidance.

Caterpillar rally hindered by fresh drop in sales

The world’s largest heavy machinery maker has logged a 18% drop in global sales of machinery for the three-month period ended in September.

Mining robots key to colonizing Mars — Elon Musk

He envisions people living in big glass-carbon fiber domes on the surface, with additional areas mined out below the surface by robots for "industrial" uses.

BHP Billiton to lose chairman Jac Nasser next year

He said he had intended to announce his retirement last year but chose to stay on while BHP dealt with the aftermath of the Samarco mine disaster in Brazil.

World’s top miner BHP Billiton finally sees signs of recovery in mining

BHP is not the first major player to flag green shoots in the mining industry. Caterpillar, the world's largest heavy machinery maker, said the same last month.

ISS gives Potash Corp-Agrium merger its blessing

The deal, the biggest Canadian merger since CNOOC Ltd. bought Nexen Energy ULC in 2013, would create the world’s largest crop-nutrient supplier, worth about $36 billion.

Mosaic Four Corners capitalizes on phosphate production through its powerful kinetic mesh network

Case study of how favorable results were achieved with a new wireless communication network at Mosaic Four Corners' phosphate mines.

Canada's top five mining juniors doubled their market cap in 2016

All gold companies except for the top one.

Positive signs put Canadian junior miners in a good position for recovery – PwC report

Investors have seen a rise in the market capitalization of top junior mining companies on the TSX Venture Exchange by more than 100% compared to last year.

INFOGRAPHIC: The facts and figures that make space mining real

While many still see space mining as science fiction, global recruitment expert Fircroft has compiled data that proves it feasible.

CHART: Despite unnerving gold price fall, mining rally's intact

While met coal is clearly the star performer, thermal coal is probably the biggest upset – seaborne prices have jumped 65% in 2016 to above $80 a tonne.

World’s No. 1 miner BHP Billiton put its money on oil and gas

The company believes the market is set to move back into balance in 2017, with demand to exceed global supply.