PotashCorp’s profits rise on greater potash demand
Potash Corp. of Saskatchewan (POT-T, POT-N) says renewed potash demand has lifted its first-quarter profits to $556 million, or 63¢ per share, up 13% from the same period last year.
Industrial/Specialty Minerals
Passport sees potash aplenty in Arizona
Is it possible to build a potash mine right beside Arizona’s treasured Petrified Forest National Park? Vancouver-based Passport Potash (PPI-V) believes so, and has in hand a new preliminary economic assessment that’s giving it the…
Canada Lithium pushing to make first shipment
Canada Lithium (CLQ-T) is adding Canadian hard-rock production to the lithium market, although it’s taking a little longer than expected.
Legacy’s costs climb, K+S delays commissioning
VANCOUVER — News of a 26% capital-cost increase and six-month delay in start-up at the Legacy potash mine in Saskatchewan drove owner K+S AG’s share price to a five-month low, but the German fertilizer giant remains confident that…
TSX moves up, Apr. 22-26
The S&P/TSX Composite Index managed to hold on to its earlier gains during the April 22–26 trading week, edging up 155 points to 12,220.20. The index fell after the U.S. government reported slower than expected growth in the…
Mega Precious shines a new light on Monument Bay
VANCOUVER — According to president and CEO Glen Kuntz and his team at Mega Precious Metals (MGP-V), a strong asset can carry a junior through turbulent times in the stock market. And they believe the company’s wholly owned Monument…
Commentary: After the aluminum rush – restoring the Amazon rainforest
Can the degraded land of the Amazon rainforest be salvaged by large scale landscape restoration? Is it really possible to rebuild ecological integrity and enhance the lives of local communities in a sustainable way?
Costs climb, commissioning delayed at Legacy potash mine
VANCOUVER – News of a 26% capital cost increase and six-month start-up delay at the Legacy potash mine in Saskatchewan drove owner K+S AG’s share price to a five-month low, but the German company remains confident the project offers…
Hefty price tag for Avalon’s Nechalacho
It may be the first feasibility level study completed on a major heavy rare earth project outside of China, but the $1.58 billion price tag of Avalon Rare Metals’ (AVL-T, AVL-X) flagship Nechalacho project in the Northwest Territories has…
DRC bans export of cobalt and copper concentrate
The Democratic Republic of Congo (DRC) is grabbing headlines again in a way that many investors would prefer that it didn’t.
Lumina completes PEA on Taca Taca
A preliminary economic assessment of Lumina Copper’s (LCC-V) enormous Taca Taca project, among the world’s top-tier undeveloped copper deposits, demonstrates a US$2.1-billion after-tax net present value and a 17.2% after-tax…
Canada Lithium pushing to make first shipment
Canada Lithium (CLQ-T) is closing in on adding Canadian hard-rock production to the lithium market, although it is taking slightly longer than expected.