Canada will today announce a multi-million dollar investment in BHP’s Jansen potash project which will enable it to become ‘the cleanest and most sustainable in the world’, according to a government source. The investment will support BHP’s ambition to electrify its fleet of vehicles and equipment...
BHP chief executive Mike Henry is pushing for an early start at the company’s US$5.7 billion Jansen potash project in Canada, amid fears of global food and fertiliser shortages exacerbated by Russia’s invasion of Ukraine. The continuing conflict in Ukraine has interrupted global grain supply coming...
BHP’s president for Americas minerals Ragnar Udd has revealed that the world’s top miner is seeking further opportunities to develop ‘future-facing commodities’ in Canada, on the back of its failed attempt to acquire nickel explorer Noront Resources. BHP defines nickel as one of three future-facing commodities...
Canadian fertiliser producer Brazil Potash Corp has proposed doubling the output from its potash deposit in Brazil’s Amazon, in a bid to reduce the country’s dependence on imports from the war-impacted region of Eastern Europe. Brazil Potash chairman Stan Bharti met with Brazilian Agriculture Minister Tereza...
Saskatchewan-based fertiliser company Gensource Potash has revealed that it will start the construction of its Tugaske project later this year. CEO of the TSXV-listed firm Mike Ferguson told CBC earlier this week that the build would take only two years, due to the smaller scale of...
BHP has given the green light for the development of the Jansen Stage 1 potash project in the Canadian province of Saskatchewan, in a move that it says will align the company with ‘future facing commodities in world class assets’. The long-awaited decision paves the way...
Anglo American is set to complete the takeover of struggling UK potash miner Sirius Minerals after its £405 million rescue deal was approved by a majority of Sirius’ shareholders last night. Following a lengthy shareholder meeting in London, Anglo’s bid was approved by 80.28% of the...
Anglo American has confirmed it is in advanced discussions with London-listed miner Sirius Minerals after proposing a takeover offer valuing the struggling company at about £386 million (US$507 million). The 5.5p per share cash bid comes in at 34% above Sirius’ current share price, which has...
LSE-listed miner Sirius Minerals has been forced to cancel a US$500 million bond sale for its large scale potash mine in the UK, throwing the future of the project into doubt. The company blamed poor ‘market conditions – including Brexit and a lack of government support...
PotashCorp (TSX, NYSE: POT) will change its name to Nutrien once the merger transaction with Agrium is completed, making it the world’s biggest fertiliser producer. The Canadian company said the new organisation will be the global leader in reliable, low-cost nutrient production, combined with the largest...