Karnalyte touts 70-year potash mine in Saskatchewan
The project, 175 km east of Saskatoon, is expected to yield 2.2M tonnes of potash and 104,000 tonnes of hydromagnesite each year.
Nutrien
Nutrien weighs phosphate unit sale
Canada’s Nutrien (TSX, NYSE: NTR), the world’s top potash producer, is reviewing its phosphate business as part of a strategy to simplify operations and boost long-term value. The review could…
Canadian rail lines restore service but supply snags need to be smoothed
Canada’s rail disruption has ended after Ottawa imposed binding arbitration but cargo piled in loading yards could take a few weeks to sort out, officials said. Workers at Canadian National…
Feds end Canada’s rail strike
Ottawa has stepped in to end a rare strike halting both of Canada’s major railways less than a day after it began. Labour Minister Steve MacKinnon on Thursday afternoon ordered…
Nutrien names insider Mark Thompson as CFO as potash market wobbles
Nutrien (TSX: NTR; NYSE: NTR), the world’s biggest fertilizer producer, has appointed a new chief financial officer amid an industry downturn that has dented profits. Mark Thompson, who has been…
Agnico, Barrick dominate top Canadian miners
Agnico Eagle Mines (TSX: AEM; NYSE: AEM), which tops our list of Canadian miners by market value at $51.4 billion in late July, runs the country’s biggest gold mines by output:…
BHP to inject $4.9B in Jansen to double potash output
BHP (ASX: BHP) will invest US$4.9 billion in stage two of its giant Jansen potash project in Canada, as it aims to double capacity by the end of the decade….
BHP’s Thomas leads world’s largest potash project with targets on emissions, hiring
Simon Thomas, head of BHP’s (NYSE: BHP; LSE: BHP; ASX: BHP) Jansen potash project in Saskatchewan with a stage-one cost of US$5.7 billion, has returned to agriculture after top positions…
BHP speeds up Jansen project in Saskatchewan despite falling potash prices
BHP (NYSE: BHP; LSE: BHP; ASX: BHP), the world’s largest miner by market valuation, is increasing its capital spending this year on the Jansen potash project in Saskatchewan by 55%…
Nutrien freezes potash output ramp up, US ammonia project on weak market
Nutrien (TSX: NTR; NYSE: NTR), the world’s largest potash producer, is indefinitely pausing plans for ramping-up output and will also halt work on its clean ammonia project at Geismar, La.,…
TSX books solid rise over July 10-14 trading week
Over the July 10-14 trading week, the S&P/TSX Composite Index advanced 451.38 points or 2.3% to 20,262.07. The S&P/TSX Global Mining Index rose 6.28 points or 6% to 110.58 and…
Canada’s Top Ten: Barrick leads this year’s list of miners by market cap
Barrick Gold (TSX: ABX; NYSE: GOLD) returned as Canada’s largest mining company on the Toronto Stock Exchange, displacing last year’s leader Nutrien (TSX: NTR), which plummeted in market value by…