Shares plunged after miner revealed that output fell almost across the board in the April – June period.
Potash Mining News
Overall, Canadian deal-making in the first half of the year fell in line with the global cooling down trend that has followed the record valuations of 2015.
Recovering commodity prices and investors' veto on deals have frustrated Davis and his team in their search for mining and metals bargains.
Karnalyte Resources Inc. releases updated technical report for potash and magnesium mine at Wynyard, Saskatchewan
The technical report independently confirms the size and unique composition of Karnalyte's deposit which support the project's economic viability.
Analysts see the long-awaited deal to sell potash to Chinese buyers as good news for the beleaguered sector, even though the agreed price is dramatically lower than last year’s.
The company has set Jan. 3 as the restart date for the mine, but that may change based on market conditions.
Study shows there are more bullion miners among higher market capital ranking of mining companies in second quarter of 2016 than a year a go.
Energy had an impressive comeback in Q2, with natural gas and oil being the best performing commodities of the quarter.
BHP has been developing its own Canadian potash mine — the Jansen project — in Potash Corp's backyard, and has already invested about $3.8 billion on it.
The company still trades at a paltry C$14 million, leading us to believe this is one of the most undervalued companies in Canada.
Price is about a third less than last year's level as global supplies of the crop nutrient exceed demand.
We are on the precipice of a food fight among 7 billion people, and potash will be right at the center of it.
The German fertilizer producer blamed weak prices, production outages and scarce sales for the poor results.
It will raise its annual exploration spending by 29%, allocating nearly all its $900 million budget to finding new copper and oil deposits in the fiscal year beginning next month.
Gold's nearly $100 jump early on and copper's 4.5% meltdown split mining investors' Brexit fortunes.
Belarus has said it might cooperate with Uralkali, in the first sign the two sides might work together since the Russian potash producer broke off their business alliance in 2013.
Combined these mining and metal giants are worth $700 billion with operations in every corner of the world.
The overseas marketing arm of Saskatchewan’s three largest potash producers, has abandoned its plans to build a $775-million shipping terminal at the Port of Prince Rupert in British Columbia.
Studies underway at Boulby Underground Laboratory, the UK's deep underground science facility, include the analyses of cosmic rays and climate, as well as astrobiology and life in extreme environments.
A cash-and-stock deal is said to be the favourite option at this point, though the parties are also discussing other alternatives.
First time a country partners with privates to boost the development of the industry.
Large mining companies are selling off some of their prized assets after the prolonged global commodities markets rout left some with high levels of debt.
A Saskatoon-based potash company is planning to expand its operations within the province after purchasing two mining leases that could lead to a small production site in south central Saskatchewan.
For private capital mining and metals is the riskiest natural resources sector – but only energy beats the returns.
An official endorsement of such mission would pave the way for several other for-profit space ventures currently in the works.