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Potash & Phosphates

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... 


Afrimat's Demaneng iron-ore mine
Afrimat expects to report marginal increase in interim EPS, HEPS
28th September 2023 By: Creamer Media Reporter

Midtier mining and materials company Afrimat expects to report earnings per share (EPS) of between 252.4c and 265c and headline earnings per share (HEPS) of between 257.2c and 269.8c for the six... 


Independent estimate confirms Wonarah potential
27th September 2023 By: Esmarie Iannucci

Potash developer Avenira has announced an independent mineral resource estimate (MRE) of 66-million tonnes at 30% phosphorus pentoxide at its Wonarah deposit, in the Northern Territory. Avenira... 


Avenira secures technology for LFP production
26th September 2023 By: Esmarie Iannucci

Phosphate developer Avenira has inked a formal agreement with its technology partner Advanced Lithium Electrochemistry Ltd (Aleees) granting Avenira the right to use intellectual property for the... 


Bell Equipment CEO Leon Goosen.
Bell placing strong new emphasis on underground mining equipment advance
22nd September 2023 By: Martin Creamer

With a legacy spanning decades and a reputation for pioneering advancements, South Africa’s Bell Equipment is now placing strong new emphasis on advancing underground mining equipment. Currently a... 


The Elandsfontein mine
Kropz secures R250m loan facility from ARC Fund
14th September 2023 By: Creamer Media Reporter

Aim-listed Kropz, which operates the Elandsfontein phosphate mine, in South Africa, has secured a R250-million loan facility from the African Rainbow Capital (ARC) Fund to meet the immediate and... 


ARC grows intrinsic net asset value by 15.8%, reports portfolio restructuring progress
14th September 2023 By: Schalk Burger

JSE-listed investment holding company African Rainbow Capital (ARC) increased its intrinsic net asset value by 15.8% year-on-year to R15.3-billion for the financial year ended June 30, while its... 


School of Mining in operational surroundings.
New mining school nurturing human capital in anticipation of major upcoming demand
12th September 2023 By: Martin Creamer

Copper mining company Copper 360, which announced in August that its School of Mining was under development at Concordia operation in the Northern Cape, has launched its first set of courses, aimed... 


Image shows the Kwinana lithium hydroxide refinery
Reservation policy not on the cards for critical minerals
8th September 2023 By: Esmarie Iannucci

Calls for the Australian government to consider a reservation policy on critical mineral feedstock to allow for the development of a downstream industry, were unlikely to be heeded. Mineral sands... 


ICMM CEO Rohitesh Dhawan
ICMM publishes guidance to improve the mining, metals industry’s disclosure of Scope 3 emissions
7th September 2023 By: Creamer Media Reporter

Global metals and mining industry body ICMM has published a 'Scope 3 Emissions Accounting and Reporting Guidance', which provides a standardised framework for mining and metals companies to... 


Argentine potash mine finalises selection of $1bn investor
Argentine potash mine finalises selection of $1bn investor
5th September 2023 By: Reuters

Authorities from Argentina's Mendoza province have finalized the selection process for a $1-billion investor to help develop a potash mine, the governor said on Monday, more than a decade after... 


Minbos eyes more opportunities in Angola
5th September 2023 By: Esmarie Iannucci

Junior Minbos Resources is evaluating the production of yellow phosphorous as part of its emerging new energy materials business. Minbos is developing the Cabinda phosphate project in Angola, and... 


BCI gets more credit approvals
4th September 2023 By: Esmarie Iannucci

Potash developer BCI Minerals has received credit approvals for a further A$150-million of project finance for its Mardie salt project, in Western Australia, from two commercial bank debt... 


Kanga, Congo-Brazzaville govt formalise mining convention for potash project
30th August 2023 By: Creamer Media Reporter

The Congo-Brazzaville government and Kanga Potash have signed a 25-year mining convention – a landmark agreement that ushers in a new phase of responsible resource development and economic growth... 


Joc O'Rourke will retire at year-end.
Mosaic appoints new CEO as O’Rourke retires
30th August 2023 By: Creamer Media Reporter

NYSE-listed Mosaic Company on Tuesday announced the appointment of Bruce Bodine, currently senior VP of North America, as its new CEO, succeeding Joc O’Rourke as CEO upon his retirement at the end... 


Image shows Australian currency
BCI gets credit approval for Mardie finance
25th August 2023 By: Esmarie Iannucci

Potash developer BCI Minerals has received credit approvals for A$650-million of project finance for its Mardie salt project, in Western Australia. The company on Friday said that the Northern... 


First production from Jansen Phase 2 still in 2029, says Henry
First production from Jansen Phase 2 still in 2029, says Henry
22nd August 2023 By: Mariaan Webb

The projected timeline for first production under an accelerated Phase 2 expansion scenario of the Jansen potash mine, in Canada, remains 2029, BHP CEO Mike Henry said on Tuesday, addressing the... 


RareX redefines Cummins Range plans
22nd August 2023 By: Esmarie Iannucci

An enhanced scoping study for the Cummins Range rare earths project, in Western Australia, has identified a direct shipping ore (DSO) phosphate project as a potential Stage 1 operation.... 


The Olympic Dam operation in Australia
Commodity prices fell BHP revenues
22nd August 2023 By: Esmarie Iannucci

Lower commodities prices have seen diversified major BHP report a 58% fall in its attributable profit for the full year ended June, from $30.9-billion to $12.9-billion. Revenue for the full year... 


Congo-Brazzaville govt pledges fervent support for Kore’s Kola project
21st August 2023 By: Chanel de Bruyn

 Emerging potash developer Kore Potash has received a letter of support from the Congo-Brazzaville Ministry of Mines regarding the company’s development of the Kola potash project. Kore first... 


Kore Potash has 97% ownership of the Kola and DX Potash Projects in the Sintoukola Basin, located in Congo-Brazzaville
Kore raises $1m, signs revised agreement with Sepco for Kola project
8th August 2023 By: Cameron Mackay

Potash development company Kore Potash has entered into a revised agreement with Chinese construction and engineering company Sepco Electric Power Construction Corporation for the provision of... 


Nutrien pauses potash ramp-up indefinitely
Nutrien pauses potash ramp-up indefinitely
4th August 2023 By: Mariaan Webb

Top fertiliser supplier Nutrien will indefinitely pause the ramp-up of its potash production capability to 18-million tonnes, in response to market conditions, said president and CEO Ken Seitz.... 


Image shows the Beyondie operation
Kalium Lakes goes into administration
4th August 2023 By: Esmarie Iannucci

Administrators have been appointed to ASX-listed sulphate of potash (SoP) producer Kalium Lakes. The administrators will call a first meeting of creditors on August 15. 


Fertiliser port logjam will take weeks to fix, Nutrien says
Fertiliser port logjam will take weeks to fix, Nutrien says
4th August 2023 By: Bloomberg

Disruptions at two North American ports have created a logjam in fertilizer exports that will take weeks to be resolved, according to top supplier Nutrien. Crop nutrient shipments have been... 


Mosaic restarts Canada potash mine amid ongoing market tightness
Mosaic restarts Canada potash mine amid ongoing market tightness
2nd August 2023 By: Mariaan Webb

Phosphates and potash miner Mosaic has restarted the Colonsay potash mine to mitigate the short-term impact of reduced output related to the planned summer maintenance the Esterhazy potash complex,... 


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