Potash Mining News

IC Potash announces financing

TIC Potash Corp. is pleased to announce a non-brokered offering of up to 20,000,000 units of the Company at a price of $0.05 per Unit for aggregate gross proceeds of up to $1,000,000.

BHP Billiton announces new Chairman

The world’s largest mining company announced that Ken MacKenzie has been elected to succeed Jac Nasser

Argentina passes mining act expected to create 125,000 new jobs

Agreement is part of plan to double investment in the sector to $25bn in eight years.

K+S Bethune mine in Canada churns out first tonnes of potash

The mine, which began operations last month, is expected to produce 600,000 to 700,000 tonnes of potash this year and 2 million tonnes per year once at full capacity.

BHP to grow potash business to size of iron ore — report

Timeline-wise, the world's largest miner expects to achieve that goal in about 50 years.

K+S Potash, Ducks Unlimited in $2.8 million project to protect wetland in Saskatchewan

K+S Potash Canada (KSPC) has committed over $2.8 million in funding for wetland conservation through an agreement with Ducks Unlimited Canada (DUC) to ensure wetlands affected by the Bethune mine are offset through the restoration and preservation of wetlands across Saskatchewan.

Most potash shipped through Thunder Bay in a decade

According to the Thunder Bay Port Authority, 134,000 tonnes of potash crossed its docks into ships en route to ports in Brazil and Europe.

Gensource confirms the future of potash production with one feasibility study

Gensource Potash’s feasibility study (FS) was largely in line with its preliminary economic assessments (PEA), validating the robust economics of Vanguard 1.

Michigan potash mine still in play

Could Michigan become a potash producer to compete with the likes of Canadian behemoth PotashCorp (NYSE:POT) and U.S. fertilizer giant Agrium Inc.(NYSE:AGU)?

Even with iron ore prices diving, NASA fast tracks mission to $10,000 quadrillion asteroid

If NASA is successful in its mission to 16 Psyche, one of the most massive asteroids found between the orbits of Mars and Jupiter, humans will have a first ever chance of exploring a world made of iron, not rock or ice.

BHP likely to open Jansen potash mine in Canada by 2023

Company could seek approval from the board for Jansen's expansion as early as June 2018, said chief executive Andrew Mackenzie.

BHP’s Mackenzie, Elliot Management face off

US activist investor steps up pressure on BHP to ditch petroleum. Mackenzie says company already knows what to do to lift value by 50% and double return on capital.

BHP ditching 'Billiton' in $10 million rebranding move

Move comes on the heels of calls from shareholders including activist investor Elliott Management and Australia’s Tribeca Investment Partners for a change of BHP's corporate structure.

Work starts on controversial North York Moors national park potash mine

Park authority confirmed Sirius Minerals has started building its mine.

Argentina to pass new mining law this week

Governments, industry players, unions expected to sign federal mining agreement this week, which aims to double investment in the sector to $25bn in eight years.

INFOGRAPHIC: The numbers behind the world's closest trade relationship

Whether we’re discussing the ancient merchants that traversed the legendary Silk Road, or the transfer of goods across modern border lines, trade has always been about building close relationships.

K+S Potash cuts the ribbon at its Canada’s Legacy mine, now ‘Bethune’

It's the first potash mine built in the Canadian province of Saskatchewan in more than 40 years.

PotashCorp says expected sector recovery has already begun

The Canadian miner, the world’s largest producer of the fertilizer by capacity, expects strong demand to continue this year as North American farmers seek to replenish soil nutrients after record harvests.

Vale’s first quarter profit lower than expected as rains hurt iron ore output

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.

BHP puts US shale assets back on the block amid investors pressure

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.

Caterpillar soars as first quarter sales jump for first time in over two years

The giant equipment maker's quarterly profit surged past estimates helped by a recovery in most of its end markets.

FLSmidth key supplier for one of the world's largest greenfield phosphate rock projects

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.

Turkmenistan opens bid process for country’s second potash plant

The new plant, to be based at the Karabil potash deposit, is estimated to be worth about $1.4 billion.

Another potash mine coming soon to Canada’s Saskatchewan

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.

Potash producer Belaruskali to make new kind of fertilizer — report

The company is also said to be mulling a number of investment projects involving a Chinese chemical company.