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Potash & Phosphates

Chinese miners see opportunities as BHP’s mega bid unfolds
Chinese miners see opportunities as BHP’s mega bid unfolds
2nd May 2024 By: Bloomberg

China’s leading metals companies, including its state iron ore buyer, are considering their next moves following BHP Group’s blockbuster $39-billion approach for rival Anglo American, potentially... 


Brazil Potash aims to beat Russian, Canadian suppliers on price
2nd May 2024 By: Reuters

The cost to produce potash from a mine being developed in the Brazilian Amazon will be similar to Russia's and lower than in No. 1 producer Canada, said the CEO of Brazil Potash, citing a... 


Mosaic CEO Bruce Bodine
Mosaic sells stake in Saudi JV for $1.5bn
30th April 2024 By: Creamer Media Reporter

US-based fertiliser company Mosaic on Tuesday announced the sale of its stake in a phosphate production venture to Saudi Arabia’s Ma’aden. Mosaic will receive 111.01-million shares of the Saudi... 


BHP tells investors Anglo bid is 'on strategy', stresses discipline
BHP tells investors Anglo bid is 'on strategy', stresses discipline
29th April 2024 By: Reuters

BHP has told Australian investors privately that its $39-billion Anglo American bid is in line with its strategy and that it will be disciplined in its approach, two fund sources said. The world's... 


The Woodsmith project, in the UK
BHP’s bid for Anglo casts cloud over $9bn fertiliser mine
29th April 2024 By: Bloomberg

BHP Group’s proposal for a $39-billion takeover of rival Anglo American is all about securing plenty of copper supplies — so now, the potential deal is throwing uncertainty over the future for... 


The Mogalakwena mine in South Africa
BHP considering improved proposal for Anglo American, sources say
29th April 2024 By: Reuters

BHP Group is considering making an improved offer for Anglo American after its $39-billion initial proposal was rejected by the London-listed miner, a source familiar with the matter told Reuters.... 


BHP seeks to break mining’s M&A curse with thorny Anglo deal
BHP seeks to break mining’s M&A curse with thorny Anglo deal
26th April 2024 By: Bloomberg

The last time BHP Group took a swing at another major miner, it was Rio Tinto back in 2007. That could have been a blockbuster $150-billion takeover, but with metals prices crashing as the... 


BHP CEO Mike Henry will reportedly brief investors next week.
BHP shares drop on value concerns after $39bn bid for Anglo American
26th April 2024 By: Reuters

BHP Group shares fell 4% on Friday a day after revealing a $38.8-billion bid for Anglo American as investors feared a deal could erode BHP's profitability especially if it has to sweeten its... 


Former Anglo American CEO Mark Cutifani
Anglo’s stumbles have made it prey for mining’s biggest predator
26th April 2024 By: Bloomberg

When former boss Mark Cutifani left Anglo American in mid-April 2022, things had rarely looked better for the century-old miner. Metals prices soared as the world emerged from lockdowns, the... 


BHP has spent the last ten years simplifying their asset base only to buy one of the most complex portfolios in the industry.
BHP’s mega bid for Anglo sets stage for industry shakeup
25th April 2024 By: Mariaan Webb

Australia-headquartered BHP has made a bold move with its bid to acquire rival Anglo American in an all-share deal valued at $38.8-billion. With this manoeuvre, BHP aims to create the largest... 


Anglo American share price shows traders want a sweeter bid
Anglo American share price shows traders want a sweeter bid
25th April 2024 By: Bloomberg

Traders are pushing Anglo American Plc shares above the value of BHP Group’s takeover proposal, a sign they expect a higher bid from the suitor or an interloper. BHP’s proposal, which values the... 


Anglo American's corporate head office in South Africa
Anglo shareholder LGIM says BHP approach 'unattractive'
25th April 2024 By: Reuters

Legal & General Investment Management, one of the 20 largest shareholders in Anglo American said an approach by BHP Group is "highly opportunistic" and "unattractive". "As with many other... 


Minerals Council South Africa CEO Mzila Mthenjane.
How 30 years of democracy has transformed South Africa's mining industry
25th April 2024 By: Martin Creamer

South Africa’s 30 years of democracy has changed the character of this country’s mining industry profoundly, Minerals Council South Africa emphasised in a report that highlights the industry’s... 


From left, Dr Rebecca Maserumule, Sietse van der Woude, Zanele Mavusa Mbatha
Minerals Council South Africa setting out to boost local demand for green hydrogen
17th April 2024 By: Martin Creamer

Minerals Council South Africa is focused on increasing the domestic demand for green hydrogen, which it sees as contributing to the kickstarting of the hydrogen economy in South Africa. “The... 


Ministerial Advisor and Presidency Green Hydrogen Lead Masopha Moshoeshoe.
South Africa well placed to benefit from huge green hydrogen outlook, attendees hear
11th April 2024 By: Martin Creamer

Green hydrogen has a massive potential future and South Africa is very well positioned to produce it, attendees of the Hydrogen Economy Discussion heard on Thursday. Most of the 90-million tonnes... 


DSI technology innovation deputy director general Mmboneni Muofhe
South Africa's science, innovation dept launches circular minerals, metals initiative
11th April 2024 By: Darren Parker

South Africa's Department of Science and Innovation (DSI), through the Council for Scientific and Industrial Research (CSIR), has launched the first of three new government-led collaborative... 


Karst MD Guy Richards.
Use underground mines for electricity storage, optimise mine water use – Karst Hydro
8th April 2024 By: Martin Creamer

South Africa’s many underground mines can be used as batteries that store the clean electricity that the water descending for cooling can provide. At the same time, the local community could end up... 


Potash
Emmerson to raise funds to advance Khemisset technology, EIA
8th April 2024 By: Marleny Arnoldi

Potash developer Emmerson has entered into a subscription agreement with Global Sustainable Minerals (GSM) which will see the company gaining a 20.3% shareholding in Emmerson. GSM will have the... 


The next breakthrough must be zero fatality
Mines investing R46m to put an end to fall-of-ground fatalities
5th April 2024 By: Martin Creamer

South Africa’s mining industry is investing R46-million in an action plan to eliminate fall-of-ground (FoG) fatalities. The FoG action plan is being implemented through Minerals Council South... 


An image showing the Newlyn Group unveileng the Newlyn PX Bayhead rail terminal
Newlyn launches R3.4bn multimodal rail terminal at Durban port
5th April 2024 By: Tasneem Bulbulia

Port logistics company the Newlyn Group on April 4 unveiled the Newlyn PX Bayhead rail terminal, strategically located next to the Port of Durban, aimed at opening intra-Africa and local trade and... 


Kore appoints new CEO
4th April 2024 By: Darren Parker

Potash development company Kore Potash has announced the appointment of JM André Baya as CEO, effective from April 15. The position is a non-board role. The company owns a 97% stake in the Kola... 


Potash ore
Kore expects EPC finalisation in Q2, following which financing will ensue
28th March 2024 By: Marleny Arnoldi

Congo-Brazzaville-focused miner Kore Potash has advised that the condition for conversion of five convertible loan notes (CLN) totalling $530 000 has been met, and, accordingly, these will now be... 


dump truck on mine construction site
Kropz records $5.7m loss for 2023 as Elandsfontein ramps up
28th March 2024 By: Darren Parker

As phosphate miner Kropz is still ramping up to steady-state production, the company recorded a $5.7-million gross loss for the 12 months ended December 31, 2023. The company said on March 28 that... 


Kropz Elandsfontein
Kropz secures R170m loan facility
27th March 2024 By: Darren Parker

Aim-listed phosphate producer and developer Kropz’s subsidiary Kropz Elandsfontein has secured a R170-million loan facility from ARC Fund. The loan will be used by Kropz Elandsfontein to fund its... 


Master Drilling CEO Danie Pretorius.
Mechanical cutting is going to be key for mining going forward – Master Drilling
26th March 2024 By: Martin Creamer

Mechanical cutting, in which huge progress is being made, is going to be key for the mining industry going forward, Master Drilling CEO Danie Pretorius emphasised on Tuesday, when his Johannesburg... 


AECI CEO Holger Riemensperger. Picture: Hush Naidoo.
Expect digital unveiling, more innovation, greenness from 100-year-old mining-wired AECI
22nd March 2024 By: Martin Creamer

Mining explosives and chemicals company AECI, which turned 100 this week, will be unveiling a digital strategy for the mining market during the course of this year. It is also looking to become... 


Kore raises $530 000 through convertible loan note issue
22nd March 2024 By: Darren Parker

Potash development company Kore Potash has issued five separate convertible loan notes (CLNs) with an aggregate value of $530 000 and a proposed drawdown date of March 22. Kore holds a 97% stake in... 


Mining explosives pioneer AECI celebrating 100 years of business at the JSE.
Stage set for mining explosives centenarian to capture global top-three spot
20th March 2024 By: Martin Creamer

The stage is set for proudly South African mining explosives trailblazer, AECI, to become the third biggest in its field globally by 2030, AECI Group chairperson Dr Khotso Mokhele told an... 


Reward confirms unsuccessful bid for Beyondie project
Reward confirms unsuccessful bid for Beyondie project
19th March 2024 By: Creamer Media Reporter

The share price of Reward Minerals plunged 40% on Tuesday as the company confirmed its failed bid for the Beyondie sulphate of potash project, in Western Australia. Reward has been unable to... 


Highfield awards €48m Muga decline contract
12th March 2024 By: Creamer Media Reporter

Australia’s Highfield Resources has awarded a €48-million contract for the construction of the declines and underground mining infrastructure at the Muga-Vipasca potash project, in Spain. Mining... 


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