Potash stocks Articles

K+S Potash to hire 150 workers for its Canada's Legacy project

Nov. 17, 2015, 5:11 AM / Cecilia Jamasmie

View at part of the Legacy mine production plant under construction. (Image courtesy of K+S)While some companies in Saskatchewan, Canada's and the world's potash heart, are axing production or set to layoff employees, Germany-based fertilizer producer K+S AG is looking to hire more than one hundred.According to the company, both its new mine - Legacy - and a production facility near Bethune, will...Read More

Caterpillar: Supercycle China isn't coming back

Nov. 16, 2015, 12:30 PM / Frik Els

With revenues of $50 billion a year and operations at the ends of the earth, few companies are in a better position to take the pulse of the global economy and the resource sector in particular than Caterpillar.The world's number one heavy equipment manufacturer has been hit hard by the decline in mining and construction - sales are down more than $15 billion from its peak just four years ago and...Read More

Mining in Europe began more than 4,000 years ago, study reveals

Nov. 16, 2015, 4:15 AM / Cecilia Jamasmie

Krause and his team, which includes archaeobotanists and a large number of students from Goethe University, have been researching in the area for 15 years. (Image courtesy of Dr. Rdiger Krause)German researchers have detected traces of mining activity in Central Europe dating back to the Bronze Age, which resumed later in the early Middle Ages.Using the C14 method, which classifies the age of unde...Read More

US Congress grants citizens rights to own asteroid-mined riches

Nov. 12, 2015, 7:00 AM / Cecilia Jamasmie

Artist rendition of a mining operation in space. (Screenshot via YouTube)After months of deliberation, the U.S. Congress has unanimously passed a legislation that establishes legal rights for citizens to own resources in outer space, which would ease asteroid mining companies plans.Until now, there was no legislature clarifying issues such as whether resources mined from celestial bodies could be...Read More

Glencore shares soar on faster than expected debt reduction

Nov. 4, 2015, 3:16 AM / Cecilia Jamasmie

Glencore's CEO Ivan Glasenberg is trying hard to reassure nervous investors and creditors that the company can cope with its hefty debt load amid the latest commodities rout.Shares in debt-laden Glencore (LON:GLEN) climbed on Wednesday after the mining and commodities giant said it is turning it around faster than expected following a series of asset sales, production cuts, and a key silver stream...Read More

US fertilizer Mosaic profit beats expectations, but sales drop

Nov. 3, 2015, 7:40 AM / Cecilia Jamasmie

Last month, Mosaic laid off 46 unionized workers, or 8% of the workforce, at its Colonsay potash mine, in Saskatchewan, Canada. (Image by Pictureguy | Shutterstock.com)U.S. fertilizer company Mosaic (NYSE:MOS) logged Tuesday a better-than-expected quarterly profit, thanks to lower costs and a smaller tax bill.Excluding one-time items, Mosaic earned 62 cents per share in the third quarter ended Sep...Read More

How to spot buyout clues in today's resource market

Nov. 3, 2015, 12:27 AM / The Gold Report

What if you could tell before a press release comes out that a company is poised to be bought out, possibly at a nice premium? Sounds good, right? By watching historic patterns, that might just be possible. The Gold Report reached out to experts who have been around through enough cycles to know and asked for the clues they watch that an acquisition might be imminent. From location and early inves...Read More

China's new 5-year plan brilliant news for mining

Oct. 30, 2015, 5:04 PM / Frik Els

Image: Thierry EhrmannThe end of China's one-child policy has grabbed all the headlines, but the Fifth Plenary Session of the 18th Central Committee of the Communist Party of China (to give its full designation) also outlined the direction of the world's second largest economy over the next five years.China's 13th five-year plan running from 2016 - 2020 is the first one approved by Xi Jinping and...Read More

Junior miners: Doom, gloom or boom?

Oct. 30, 2015, 12:30 AM / Visual Capitalist

If it wasn't already clear, the junior companies that explore, develop, and mine the world's metals are struggling. PwC recently recapped the malaise of these companies in its latest Junior Mine 2015 report, along with highlighting some success stories of those that have been able to bypass the onslaught.The report, which looks at the Top 100 junior mining companies traded on the TSX Venture excha...Read More

Mining industry value drops below one trillion dollars

Oct. 29, 2015, 4:44 AM / Cecilia Jamasmie

The value of the mining sector worldwide has dropped below one trillion US dollars for the first time since 2009. (Image copyright: Dragon Images | Shutterstock.com)For the first time since 2009, the market value of the global mining sector has dropped below US$1 trillion, according to a new report by SNL Metals and Mining.While not by much, the crossing of the line clearly illustrates how battere...Read More

Potash Corp slashes outlook, production amid tough market conditions

Oct. 29, 2015, 3:15 AM / Cecilia Jamasmie

Earlier this month, Potash Corp. withdrew its 7.85 billion euros ($8.57 billion) offer for K+S AG, after pursuing the German potash producer for about a year.Canada's Potash Corp. (TSX, NYSE:POT), the world's biggest fertilizer producer by market value, cut Thursday its full-year earnings forecast and said it expects to sell less potash in the year than expected due to weak demand and prices, as w...Read More

Disruption in potash production - revisiting a stale sector

Oct. 27, 2015, 12:45 AM / Palisade Research

The Potash Price Tag In SaskatchewanMany years ago, I drove through Saskatchewan. My memories of the experience, much like the region's landscape, are rather non-descript. The landscape stretched out completely flat for miles ahead, my drive almost entirely devoid of any signs of human activity. A few cars occasionally passed and every so often I would spot another church or small graveyard. Perha...Read More

African Potash appoints former politician to board

Oct. 26, 2015, 9:06 AM / African Potash

African Potash, the AIM listed exploration company focused on sub-Saharan potash assets and the vertical integration of fertiliser operations in Africa, is pleased to announce the appointment of Rt Hon Mark Simmonds as a Director of the Company with effect from 10 November 2015. Mr Simmonds has significant experience working in Africa and brings with him a wealth of business and political contact...Read More

The most bullish mining chart you'll see all day

Oct. 22, 2015, 12:47 PM / Frik Els

After five years of unrelenting declines only punctuated by a couple of false dawns (talking 'bout you nickel) green shoots are appearing in the metals and mining sector.There's BHP whipping up enough excitement with a "commodity premium" (whatever that is) to amass orders in excess of $13 billion for a bond offering. Unusually, lots of interest for the hybrid offering came from Asia according to...Read More

Construction of giant York Potash mine to begin next year

Oct. 20, 2015, 8:08 AM / Cecilia Jamasmie

Sirius Minerals can now tap a huge seam of a potassium-rich mineral called polyhalite, a type of potash fertiliser described by Sirius as a "fertilizer of the future" that farmers will be able to use instead of multiple other products.London-listed Sirius Minerals (LON:SXX) has been granted the final permits to build its massive potash project at the North York Moors National Park, one of the firs...Read More

The $2 trillion mining value chain at a glance

Oct. 19, 2015, 11:46 PM / Frik Els

The Boston Consulting Group, in conjunction with the World Economic Forum, released the Mining & Metals in a Sustainable World 2050 report last month.The report contained a table that neatly summarized the mining and metals value chain which totals nearly $2 trillion a year. For reasons not stated, the table contained in the report omitted silver.Using data from the Silver Institute for 2014 and a...Read More

Paul Harris preaches investor patience in Colombia

Oct. 19, 2015, 1:20 AM / The Gold Report

Paul Harris, editor and publisher of Colombia Gold Letter, knows Colombia well and realizes that the country requires more investor patience than many are willing to give. Harris says that the next 12-24 months will largely determine Colombia's long-term perception as a mining jurisdiction, but is quick to add that some current stories are already panning out. In this interview with The Gold Repor...Read More

BHP raising $6.5bn fresh sign of mining turnaround

Oct. 15, 2015, 10:24 PM / Frik Els

Although investment bank permabears haven't stopped issuing dire warnings on the outlook for the sector, the mining industry's big players are themselves slowly beginning to change tack.After 18 months of careful consideration Mick Davis appears to be close to pulling the trigger on a maiden investment for his $5.6 billion X2 fund.And that it's in probably the most depressed corner of the commodi...Read More

China vs. United States: A tale of two economies

Oct. 15, 2015, 3:33 AM / Visual Capitalist

The United States has had the world's largest economy for about 140 years. However, recently China has overtaken the US in terms of GDP based on purchasing power parity (PPP) according to IMF.Today's infographic contrasts everything about the two economies. While they are both comparable in size, they are both very different...Courtesy of: Visual CapitalistThe United States has had the world's lar...Read More

The secrets of junior mining private equity risk managers

Oct. 12, 2015, 1:12 PM / The Gold Report

Source: Brian Sylvester of The Gold Report (10/12/15) Some $2 trillion is being invested worldwide by private equity funds every year with a chunk of that destined for junior mining companies. Demand is as strong as or stronger than ever as investors see a shopping opportunity. Who is deciding where it goes and based on what criteria? At the annual Fall Mining Showcase event in Toronto, Red Cloud...Read More