Potash stocks Articles

Paul Harris preaches investor patience in Colombia

Oct. 19, 2015, 1:20 AM / The Gold Report

Paul Harris, editor and publisher of Colombia Gold Letter, knows Colombia well and realizes that the country requires more investor patience than many are willing to give. Harris says that the next 12-24 months will largely determine Colombia's long-term perception as a mining jurisdiction, but is quick to add that some current stories are already panning out. In this interview with The Gold Repor...Read More

BHP raising $6.5bn fresh sign of mining turnaround

Oct. 15, 2015, 10:24 PM / Frik Els

Although investment bank permabears haven't stopped issuing dire warnings on the outlook for the sector, the mining industry's big players are themselves slowly beginning to change tack.After 18 months of careful consideration Mick Davis appears to be close to pulling the trigger on a maiden investment for his $5.6 billion X2 fund.And that it's in probably the most depressed corner of the commodi...Read More

China vs. United States: A tale of two economies

Oct. 15, 2015, 3:33 AM / Visual Capitalist

The United States has had the world's largest economy for about 140 years. However, recently China has overtaken the US in terms of GDP based on purchasing power parity (PPP) according to IMF.Today's infographic contrasts everything about the two economies. While they are both comparable in size, they are both very different...Courtesy of: Visual CapitalistThe United States has had the world's lar...Read More

The secrets of junior mining private equity risk managers

Oct. 12, 2015, 1:12 PM / The Gold Report

Source: Brian Sylvester of The Gold Report (10/12/15) Some $2 trillion is being invested worldwide by private equity funds every year with a chunk of that destined for junior mining companies. Demand is as strong as or stronger than ever as investors see a shopping opportunity. Who is deciding where it goes and based on what criteria? At the annual Fall Mining Showcase event in Toronto, Red Cloud...Read More

CHART: Mining tide is turning

Oct. 11, 2015, 3:30 PM / Frik Els

The sun also risesOver the past week crude oil prices have jumped 13%, platinum is up 8%, copper 4.8% and industrial metals 5.2% on average after double digit gains for zinc. Aluminum gained more than 5% over the week while benchmark iron ore price advanced by the same margin.Even after including more modest advances for the agricultural sector (cocoa is the sole commodity that lost value) it's b...Read More

Mining stocks surge as end of commodity rout called

Oct. 7, 2015, 1:50 PM / Frik Els

Morgan Stanley sees a sharp reversal in commodities with prices rising nearly 20% by 2017 making mining stocks historically attractiveInvestors returned to the metals and mining sector in a big way on Wednesday after an analyst report called a bottom in the commodities rout.On the Comex market in New York copper for delivery in December climbed 1.7% to a three-week high of $2.3960 or $5,280 a tonn...Read More

Even top juniors are running out of money

Oct. 6, 2015, 12:10 PM / Frik Els

The drying up of equity and debt markets coupled with new lows in cash reserves have pushed Canada's junior mining industry to the brink says PwC's annual report on the TSX Venture's top 100 junior mining companies.According to report, now in its ninth year, juniors raised $514 million in equity financing in 2015, down 25% from last year, while debt financing fell 27% to $278 million over the same...Read More

Western Potash and Tairui sign MOU With China Development Bank

Oct. 6, 2015, 10:32 AM / Market Wire

Western Potash Corp. (TSX:WPX)(FRANKFURT:AHE) (the "Western", "the Company") is pleased to announce that a Memorandum of Understanding for Strategic Cooperation was signed on September 29, 2015 at Vancouver's Four Seasons Hotel by China Development Bank, Western Potash Corp., and Beijing Tairui Innovation Capital Management Ltd., ("Tairui"). Among those attending the signing ceremony were Mr. Hu H...Read More

Potashcorp withdraws K+S proposal due to 'challenging macroeconomic conditions'

Oct. 5, 2015, 12:54 PM / Michael Allan McCrae

Potashcorp's spring proposal to combine with K+S was withdrawn today because of poor market conditions. Potashcorp stock jumped at the news, trading up 2.2% to $20.96 a share. The company has been trading down all year and has lost 36% year to date. K+S spurred Potashcorp's spring offer arguing that the initial Cdn$10.9 billion takeover offer was too low and not in its interest.Potashcorp acknowle...Read More

Andrew Pullar's plan: Go long, set goals with world-class assets

Oct. 5, 2015, 12:42 PM / The Gold Report

Andrew Pullar, CEO of The Sentient Group, a private equity fund, says his plan for investment success is all about identifying companies with long-life, low-cost, world-class assets and supporting them through to production. In this interview with The Gold Report, Pullar plots the course for a handful of what he believes are world-class mining assets.The Gold Report: Please sum up your current vie...Read More

China's astonishing rise in one simple chart

Oct. 1, 2015, 12:14 PM / Frik Els

The slowdown in the Chinese economy has been front and centre for commodities markets for a long time, but today's its impact is felt on US interest rate policy and equity markets. China's official GDP growth is expected to slow to less than 7% in 2015, the slowest pace in 25 years.But even at this rate of growth the country would be adding some $700 billion to gross domestic product (and that's e...Read More

World's first deep sea mining proposal ignores consequences of its impacts on oceans

Sep. 28, 2015, 8:45 PM / EarthWorks

As the deep sea mining industry chases investors at the Asia Pacific Deep Sea Mining Summit, a new critique by the Deep Sea Mining Campaign reveals indefensible flaws in the Environmental and Social Benchmarking Analysis of the Solwara 1 project commissioned by Nautilus Minerals. The proposed Solwara 1 deep sea mine, situated in the Bismarck Sea of Papua New Guinea, is the world's first to receive...Read More

African Potash signs supply deal with Zambia distributor

Sep. 25, 2015, 5:39 AM / Cecilia Jamasmie

The deal will give African Potash, which wants to become a one-stop shop African fertilizer business, a platform to distribute the product across eastern and southern Africa.Shares in African Potash (LON:AFPO) jumped Friday after the miner announced it has sealed a deal to sell 50,000 metric tonnes (MT) of its fertilizer product to a Zambian distributor in the Common Market for Eastern and Souther...Read More

Argentina's presidential candidates want mining to be platform for country's recovery

Sep. 24, 2015, 1:53 PM / Cecilia Jamasmie

Departing Argentina's President Cristina Fernndez de Kirchner presents a 100 pesos bank note with a portrait of former First Lady Eva Peron, in 2012. (Image from archives)Only weeks before Argentina heads to the polls to choose its new leader, analysts are saying that President Cristina Fernandez's chosen successor, Daniel Scioli, would probably be the best outcome for miners, as he has promised t...Read More

Caterpillar to axe 10,000 jobs over next three years

Sep. 24, 2015, 6:19 AM / Cecilia Jamasmie

The job cuts are part of a corporate restructuring that Caterpillar hopes it will help lower its operating costs by roughly $1.5 billion a year once implemented.Equipment maker giant Caterpillar (NYSE:CAT) added to the global gloominess in the mining sector Thursday by announcing it plans to cut over 10,000 jobs over the next three years as a result of weak performance in the energy and constructi...Read More

The ever diminishing ambitions of BHP Billiton

Sep. 23, 2015, 11:39 PM / Frik Els

All the projects are brown and the sky is grey*Ambition has become a scarce commodity at the top end of mining.Projects are being been delayed, expansions shelved, exploration stalled, assets sold and expenditures deferred.Nowhere is this thrown in sharper relief than at BHP Billiton, the world's largest mining company, by a wide (if declining) margin.The Melbourne-based giant released its annual...Read More

This is the scariest mining chart you'll see today

Sep. 21, 2015, 11:05 PM / Frik Els

For the last three years the mantra at mining companies has been cut costs and cut budgets.Projects have been delayed, expansions have been shelved, exploration stalled and expenditures deferred.Project investment at BHP Billiton this year will be a stunning $10 billion below its 2013 peak. The world's number one miner only has four projects in the works, two of which are almost complete, compared...Read More

Glencore to sell part of its Chile, Peru copper output

Sep. 17, 2015, 2:01 AM / Cecilia Jamasmie

The alleged deals involve Glencore's Collahausi mine in Chile, as well as Antamina and Antapaccay copper mines in Peru.Mining and commodities giant Glencore (LON:GLEN) is said to be in talks with five companies to sell portions of the future production of three of its copper mines in Chile and Peru.According to Global Mining Observer, the firms involved in the negotiations are Franco-Nevada Corp (...Read More

Glencore to reduce debt after getting $2.5 billion in shares sale

Sep. 16, 2015, 2:22 AM / Cecilia Jamasmie

The stock issuance was part of $10 billion worth of measures proposed last week to cut its net debt by a third to around $20 billion by the end of 2016.Mining and commodities giant Glencore (LON:GLEN) said Wednesday it has sold about $2.5 billion ( 1.63 billion) of new shares, in a show of strong support from institutional investors for the fundraising that forms part of a broader debt-reduction p...Read More

Pacific Potash completes share consolidation

Sep. 15, 2015, 12:55 PM / Pacific Potash

Pacific Potash Corporation (TSX VENTURE:PP) ("Pacific Potash" or the "Company") announces that it has received the approval from the TSX Venture Exchange (the "Exchange") to its proposed consolidation of its common shares (each, a "Share") on the basis of ten (10) pre-consolidation Shares for one (1) post-consolidation Share (the "Consolidation"). Effective at opening on September 14, 2015, the Co...Read More