September 8, 2012

Xstrata scoffs at new Glencore offer as merger of equals becomes hostile takeover

The new Glencore offer is "significantly lower than would be expected in a takeover" and the intention to replace Mick Davis represented “a significant risk” says Xstrata's board.

September 5, 2012

Devastating drought is pure boon for potash prices

Drought conditions in both North America and Eastern Europe are providing a major boost to the price of potash and potash-related financial products.

September 4, 2012

Allana Potash Corp. continues consolidation in Ethiopia with strategic acquisition of Nova-Ethio Potash Corporation

Allana Potash (TSX:AAA) has entered an agreement to take over Nova-Ethio Potash Corporation

August 30, 2012

Qatar Holding confirms it will vote against Glenstrata next week, shares dive

Qatar’s sovereign wealth fund has publicly said Friday it will vote against the mooted $70 billion merger between Glencore (LON:GLEN) and Xstrata (LON:XTA), which sent shares of both the Swiss…

August 25, 2012

Saskatchewan premier comes around to rejigging potash royalties

Potash royalties in Saskatchewan may be changing after all now that Premier Brad Wall has had a change of heart, according to an editorial by The StarPhoenix.

August 21, 2012

BHP boss bucks bonus

Marius Kloppers, CEO of mining giant BHP Billiton, has decided to waive his annual bonus in light of a recent forecast in which BHP's revenues are projected to drop 38%

August 17, 2012

PotashCorp shuts mine and Vale delays major project as potash prices decline

The downturn in potash prices claimed more victims this week.

August 15, 2012

Potash ending inventory drops sharply

Inventory levels of potash in North America fell 15% last month, according to Potash Corporation of Saskatchewan Inc. (NYSE:POT).

August 14, 2012

MBAC announces $15.6 million bought deal

MBAC is focused on becoming a significant integrated producer of phosphate and potash fertilizers in the Brazilian and Latin American markets.

August 7, 2012

Xstrata to create world’s biggest zinc mine

Xstrata has approved a $360 million expansion for its McArthur River mine in Australia’s Northern Territory which will make the project the largest producer of zinc in the world.