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Potash & Phosphates

Another WA potash hopeful folds
Another WA potash hopeful folds
8th December 2023 By: Mariaan Webb

Australian Potash, which owns Lake Wells sulphate of potash (LSOP) development in Western Australia, has succumbed to financial challenges, leading to the company being placed in the hands of... 


The Mogalakwena PGMs mine
Anglo American preps sweeping cost cuts as price rout bites – sources
7th December 2023 By: Reuters

Anglo American is preparing to freeze spending on growth and widen job cuts in South Africa, going far beyond its initial savings target and paving the way to mothballing some higher-cost platinum... 


Mining's net fixed capital formation, shown in blue, must be boosted.
Greenfield investment lagging badly, mining’s contribution to economy halved
1st December 2023 By: Martin Creamer

The growth of investment in fresh new greenfield mining projects is lagging badly and the contribution of the South African mining industry to the national economy has more than halved in the last... 


India launches first part of critical minerals auction worth $5.4bn
30th November 2023 By: Reuters

India on Wednesday launched the first part of its critical minerals auction worth an estimated 450-billion rupees ($5.40-billion), the country's mines minister said. Mines Minister Pralhad Joshi... 


Former Nedbank investment banker Paul Miller.
New Utshalo has potential to boost mining IPOs, enliven public markets
24th November 2023 By: Martin Creamer

South Africa has a pressing need to reawaken its public markets and the new Utshalo must be complimented for setting out to do just that. New mining capital raisings have become too few and far... 


ARM founder and executive chairperson Dr Patrice Motsepe and Wits ARM Building.
African Rainbow Minerals provides R20-million for Wits University research
23rd November 2023 By: Martin Creamer

Diversified mining company African Rainbow Minerals (ARM) is supporting postdoctoral research into water, energy and digitalisation at the University of the Witwatersrand (Wits) in Johannesburg.... 


Integrated Geoscience Solutions Technical Director Dr David Khoza.
Imperative that exploration plan be implemented as matter of urgency – Khoza
17th November 2023 By: Martin Creamer

If South Africa is not to be left out of the exploration boom, spurred by the immense mineral resources required to develop technologies needed to achieve net zero, it is imperative that the... 


Reward eyes Kalium Lakes potash assets
Reward eyes Kalium Lakes potash assets
16th November 2023 By: Mariaan Webb

ASX-listed potash explorer and developer Reward Minerals has put up its hand to acquire Kalium Lakes, the owner of the Beyondie sulphate of potash (SoP) project, in Western Australia. The... 


Centrex lowers Queensland phosphate mine's expansion costs
Centrex lowers Queensland phosphate mine's expansion costs
7th November 2023 By: Mariaan Webb

Despite inflationary pressures impacting the mining sector, Australian resources company Centrex has made a substantial cut to its capital expenditure (capex) guidance for the expansion of the... 


Nutrien warns against 'artificial' market constraints
3rd November 2023 By: Bloomberg

The world’s largest maker of crop nutrients is cautioning against any meddling in the economics of fertilizer markets. “The artificial injection of artificial constraints into supply-and-demand... 


BHP CEO Mike Henry.
Potash presenting BHP with exciting growth path, CEO tells AGM
1st November 2023 By: Martin Creamer

Johannesburg-listed diversified mining major BHP has an exciting growth path ahead in potash used in fertilisers essential for food security and more sustainable farming, the company’s CEO Mike... 


Hathorn to step in as interim CEO at Kore
31st October 2023 By: Creamer Media Reporter

Brad Sampson will step down as CEO of Aim- and JSE-listed Kore Potash at the end of November, with chairperson David Hathorn to assume the role of CEO in the interim. Kore, which owns the Kola and... 


The Jansen project is the biggest mining investment in Saskatchewan's history
BHP to double Jansen potash output with $4.9bn expansion
31st October 2023 By: Mariaan Webb

Diversified mining major BHP announced on Tuesday that it has approved an investment of $4.9-billion for Stage 2 of the Jansen potash project in Saskatchewan, Canada. The company has already... 


Danakali aims to distribute $108m to shareholders following Colluli sale
27th October 2023 By: Marleny Arnoldi

ASX-listed Danakali has confirmed it will distribute 90% of the Colluli Potash project sale proceeds in January next year, following the sale of the project, which is located in Eritrea, in the... 


Afrimat group CEO Andries van Heerden
Afrimat continues to weather economic shocks through diversification
26th October 2023 By: Darren Parker

Mid-tier mining and materials company Afrimat’s strategy to diversify between commodities and revenue streams, coupled with stringent capital allocation, has enabled the group to continue to... 


Anglo American Strategy & Sustainability Director Helena Nonka.
Anglo carbon emissions cut by transition to 100% renewables in South America
25th October 2023 By: Martin Creamer

The transition of Anglo American to 100% renewable electricity supply across its South America operations has helped the London- and Johannesburg-listed diversified mining company to reduce its... 


Avenira cleared to start mining at Wonarah
24th October 2023 By: Creamer Media Reporter

The Northern Territory government has approved ASX-listed Avenira’s mine management plan (MMP) for the Wonarah phosphate project, clearing the way for mining to start. The MMP authorisation... 


Kropz makes second drawdown on bridge loan facilities
23rd October 2023 By: Tasneem Bulbulia

Aim-listed Kropz on October 20 made the second drawdown, of R75-million, on a previously announced bridge loan facilities of R250-milllion with African Rainbow Capital (ARC) Fund. The emerging... 


Avenira's DSO dreams could come true
19th October 2023 By: Esmarie Iannucci

A feasibility study onto a direct shipping ore (DSO) operation at the Wonarah potash project, in the Northern Territory, has proven economical for ASX-listed Avenira. The DSO operation would be... 


Kore Potash, Sepco gearing up for crucial developments at Kola project
12th October 2023 By: Simone Liedtke

In anticipation of significant milestones, Aim- and ASX-listed potash developer Kore Potash and Shanghai Electric Power Company (Sepco) are gearing up for crucial developments at the Kola project,... 


Anglo American's Los Bronces mine
Anglo appoints Matt Walker CEO of its marketing business
12th October 2023 By: Creamer Media Reporter

Diversified miner Anglo American has appointed Matt Walker as CEO of its marketing business, following Peter Whitcutt’s decision to step down after 33 years with Anglo American. Walker, who is... 


Image shows potash ore
BCI received credit approvals for A$981m debt funding
9th October 2023 By: Esmarie Iannucci

Potash developer BCI Minerals has received credit approvals for a total project finance debt of A$981-million for its Mardie salt project, in Western Australia. The ASX-listed company told... 


Joburg Indaba panel from left Bernard Swanepoel, Otsile Matlou, Errol Smart, Mosa Mabuza and Mzila Mthenjane.
Approving outstanding permits could shift economy in 12-18 months, says Mzila Mthenjane
6th October 2023 By: Martin Creamer

If the 5 066 outstanding mining and exploration permits were approved, South Africa could begin to see a shift in the economy within 12 to 18 months, new Minerals Council South Africa CEO Mzila... 


Nicky Oppenheimer.
Conservation: if business-as-usual continues, world’s doomed – Oppenheimer conference hears
4th October 2023 By: Martin Creamer

World-renowned conservationist Jane Goodall reminded hundreds of scientists present at the 12th Oppenheimer Research Conference in Midrand that if the world carries on with a business-as-usual... 


Gypsum stacks at Rainbow's Phalaborwa mine
Rainbow sets sights on full rehabilitation of Phalaborwa gypsum stacks through deal with trader Nexus
4th October 2023 By: Creamer Media Reporter

London-listed Rainbow Rare Earths has signed a letter of intent (LoI) to enter into an offtake agreement with international trading company Nexus Intertrade, under which Nexus will acquire gypsum... 


Agrimin abandons Kalium Lakes buy
4th October 2023 By: Esmarie Iannucci

The Administrators of ASX-listed Kalium Lakes have been forced back to the drawing board after fellow-listed Agrimin terminated a share sales agreement for the Kalium Lake assets, which included... 


Image shows BHP CEO Mike Henry
BHP calls for global collaboration on critical minerals
2nd October 2023 By: Esmarie Iannucci

Mining giant BHP has noted that global collaboration a significant quantum of capital would be required in order to source the critical minerals needed to drive decarbonisation. Speaking at the... 


Danakali receives last Colluli payment
29th September 2023 By: Esmarie Iannucci

ASX-listed Danakali has received the final $16-million second tranche payment from the sale of its interest in the Colluli potash project, in Eritrea. Danakali in March wrapped the sale of its 50%... 


Aus and France ink critical minerals cooperation
29th September 2023 By: Esmarie Iannucci

Australia and France have signed an agreement to pursue stronger cooperation on critical mineral supply chains. Minister for Resources and Northern Australia Madeleine King this week signed a... 


Kropz reports $14.1m in interim revenue
28th September 2023 By: Cameron Mackay

African phosphate developer and producer Kropz Group recorded revenue of $14.1-million for the six months ended June 30. The interim period also saw it record the first sales from the trial... 


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