On the level of transparency in the approvals process, jurisdictions in the US, Australia and Scandinavia performed better than Canada, a fresh report by the Fraser Institute, shows.
Saskatchewan Mining News
BHP Billiton still sees potash as a key commodity in which to base its future growth despite prices for the fertilizer remain weak.
The Hohe See wind park, to be located in the North Sea, has a planned capacity of about 500 megawatts.
Prices for the radioactive metal have fallen more than 50% since the Fukushima disaster in 2011
Tepco’s termination of the contract would affect about 9.3 million pounds of uranium deliveries through 2028, Cameco said.
The firm anticipates “challenging market fundamentals” in the phosphate-fertilizer market, adding that it is currently assessing the value of some assets, which may lead to writedowns.
Shares were up more than 45% on Tuesday mid-morning after it announced that joint venture partner Rio Tinto will start drilling for uranium at the company's asset in Saskatchewan.
Cameco (NYSE:CCJ, TSX:CCO) has inflicted more pain on its payroll as Canada’s largest uranium producer struggles amid a flat market for the nuclear fuel.
Decision to resume operations at the mine was based on Mosaic's expectations that 2017 will be a stronger year for the potash industry.
Agreement paves the way for Encanto to move from a previously announced memorandum of understanding to a commercial marketing and distribution contract with MTTC, one of the world’s top potash buyers.
The world's largest diamond company has been exploring for kimberlites north of the decommissioned Cluff Lake uranium mine.
The 114 miners who were trapped underground following a fire are now home and operations will resume today.
The agreement is EGME's second significant investment in the potash industry. In 2015, it acquired the exploration license for the Bada mine in Eritrea.
The company also said it expects layoffs resulting from temporary production halts at its Lanigan and Allan mines in early 2017.
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.
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.
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.
Cash from the sale will be used to proceed with the takeover of Spectra Energy and fund other growth projects.
The combined firm will be the world's largest crop nutrient producer and third largest natural resource company in Canada.
New study shows that mining and milling uranium contributes very few greenhouse gases to the total emissions produced by nuclear power generation.
"When this market turns it will be a lot of fun again."
A tie-up could produce a fertilizer giant worth more than $30 billion.
The company, however, said it continues looking for a partner to take the venture off the ground.
Cameco shares were down 7.8% to $9.83 a share touching 52-week low mid-afternoon.
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.