K+S teams up with NGO to help Ugandan farmers
Germany-based fertilizer giant K+S AG (SDF-F) has signed a co-operation agreement with Sasakawa Africa Association in an effort to help farmers in Uganda.
Industrial/Specialty Minerals
Athabasca finds aggregate demand remains strong
VANCOUVER — Despite recent uncertainty surrounding production in Canada’s oil sands — due to issues like volatile crude prices and ongoing pipeline debates — growth remains the word for supply-oriented companies in the…
Husky ready to make the Sunrise
There are an estimated 170 billion barrels of oil in Alberta’s oilsands, but getting them all out is proving to be a costly venture. As with the metal mining industry, mining for oil has been subjected to steep cost inflation over the…
Thompson Creek sees its future in copper and gold
Thompson Creek Metals (TCM-T, TC-N) is a go-to name in the molybdenum space, largely thanks to its namesake mine, which is the fourth-largest moly mine in the world.
Allana closes in on Ethiopian potash development
VANCOUVER — Toronto-based junior Allana Potash (AAA-T) sees 2013 as a pivotal year for its wholly owned Dallol potash project in Ethiopia’s northeastern Danakil Depression, and since filing its last mining application in late April,…
PEA shows Lac Guret has graphite potential
VANCOUVER — For just $90 million, Mason Graphite (LLG-V) could transform its Lac Guéret project in Quebec’s North Shore into a mine producing 50,000 tonnes of graphite concentrate annually for $390 per tonne, a cost that…
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.
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…