Uralkali May Postpone Project Expansions on BHP Movement
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"
Declining Australian Dollar Leads to ASX Increase
Shares increased in Australia by 0.3 percent as firms exposed to the US market benefited from a declining Australian dollar.
Can the Anticipated 2013 Nickel Surplus be Reduced?
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.
Rio Tinto Takes Argyle Underground, Steps Up Efforts to Sell Mines
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.
BHP Sells Pinto Valley Copper Mine to Canada’s Capstone Mining for $650 Million
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.
S. African Billionaire Motsepe Eyes Iron Ore Industry in Guinea
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.
Vale Sheds Argentine Potash Project
Potash – Brazilian mining heavyweight Vale has come to an agreement with the Argentine government to drop its Rio Colorado potash project.
Will Development Pitfalls Create a Global Potash Shortage?
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?
Palmer Invests $1B on Yabulu Nickel Refinery
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 Edges Above $7,000 After Facing 18-month Low
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.
