Potash – Reuters reported that Russian Uralkali may delay two of its potash project expansions, potentially for a decade, depending on the course of action taken by BHP Billiton.
Articles Tagged "BHP Billiton"
Shares increased in Australia by 0.3 percent as firms exposed to the US market benefited from a declining Australian dollar.
Nickel – The nickel market is set to record a 90,000 MT surplus in 2013. Here's a look at what factors are at play in the situation and what needs to happen for that surplus to be reduced.
Diamond – Rio Tinto is still looking to sell its diamond unit as Dominion Diamond and Anglo American seek to increase their exposure to the industry.
Copper – Capstone Mining signed a deal with BHP Billiton for the Pinto Valley copper mine and associated railroad company. The mine changed hands for US$650 million.
Iron – Mining Weekly reported that African Rainbow Minerals’ executive chairperson and South African mining magnate, Patrice Motsepe wants to invest in Guinea’s iron ore.
Potash – Brazilian mining heavyweight Vale has come to an agreement with the Argentine government to drop its Rio Colorado potash project.
Potash – Here's the story on potash according to Analyst Andrea Rubakovic: The major players are planning for long-term demand by developing brownfield projects, but they're running into hurdles. Meanwhile, juniors are having trouble financing greenfield projects. Does this mean we're in for a global supply pinch? If so, who could be positioned to profit?
Nickel – Mining Weekly reported that Clive Palmer announced his plans to invest A$1 billion in an upgrade for Queensland Nickel’s Yabulu refinery that would include the construction of new plant facilities, railway, and a tailings treatment facility.
Copper – The absence of stellar economic growth data out of China and gold’s largest single-day drop in decades together pushed copper to an 18-month low this week. The red metal traded dangerously close to bear market conditions.