INTERACTIVE INFOGRAPHIC: Potash
The market for the soil nutrient is dominated by a handful of countries and a few giant companies. And it's made some people fabulously wealthy.
Latest Stories
Baja Mining granted further standstill extension by lenders
Vancouver-based Baja Mining Corp. (TSX: BAJ) announced this morning that it has landed two extensions of a standstill agreement with lenders to its Minera y Metalúrgica del Boleo S.A. de C.V. subsidiary.
Output up 72.4% at Chile’s Escondida copper mine
Production at Chile's Escondida, the world's largest copper mine, was up 72.4% in the third quarter compared with the same period of 2011, said Wednesday the country’s copper commission, Cochilco.
Canadian firm to power 4,500 houses with red balloons
Inspired by the German pop song from the eighties “99 Luffballoons”, a Canadian urban design company created a concept installation piece of 99 giant red balloons to produce clean, solar-generated energy enough to power 4,500 homes.
Agrium loses 10% after big earnings miss
Net earnings at North America's number one provider of fertilizer products fell 55% on problems at its potash operations.
Enbridge Q3 profit up thanks to liquid pipes
Enbridge Inc. (TSX:ENB), the largest transporter of Canadian oil to the U.S., posted Wednesday better third-quarter results compared to the same period last year driven by recovering earnings from its liquids pipelines and a reduced loss from derivatives contracts.
Congo to discuss mining code changes with companies
The Democratic Republic of Congo's intentions to increase the government stake in mining projects by 35% will be first discussed with mining companies and also consulted with the World Bank and the IMF, said a source from the country’s ministry of mines.
Paladin Energy to cut costs by $80 million
Uranium miner Paladin Energy (TSX:PDN)(ASX:PDN) is targeting up to $80 million in cost reductions over the next two years and putting a freeze on development as the price for uranium spot has weakened.
Tata Steel disputes $1 billion fine
Tata Steel Ltd. (NSE:TATASTEEL), India’s largest private steelmaker, is contesting a $1 billion for allegedly mining above the limit volumes in the mineral-rich eastern state of Orissa, which —ironically— is one of the South Asian country’s poorest regions.
