Nutrien names insider Mark Thompson as CFO as potash market wobbles
Nutrien (TSX: NTR; NYSE: NTR), the world’s biggest fertilizer producer, has appointed a new chief financial officer amid an industry downturn that has dented profits….
Potash
Agnico, Barrick dominate top Canadian miners
Agnico Eagle Mines (TSX: AEM; NYSE: AEM), which tops our list of Canadian miners by market value at $51.4 billion in late July, runs the country’s…
Anglo American takes US$1.6B writedown on UK mine
Anglo American (LSE: AAL) swung to a loss in the first half of the year after taking a fresh US$1.6 billion writedown on its Woodsmith…
BHP’s Jansen potash mine passes halfway mark on way to 2026 production
BHP (NYSE: BHP; LSE: ASX; ASX: BHP) says the first phase of its massive Jansen potash mine in Saskatchewan has surpassed the halfway point of…
BHP cuts employee incentives by 20% globally – report
BHP (LSE: BHP; NYSE: BHP; ASX: BHP), the world’s largest miner is reportedly reducing by 20% short-term incentives offered for the 2023-24 fiscal year to…
Most energy and mining projects 20% in the red: study
Miners and energy companies are facing average budget overruns of 15% to 20%, which puts nearly US$1.5 billion of capital invested in energy transition-related projects…
BHP abandons US$49B bid for Anglo
BHP (ASX: BHP) is walking away from its US$49.2 billion offer for Anglo American (LSE: AAL) after the companies couldn’t agree on how to handle the…
Anglo American rejects BHP’s third, US$49.2B bid
Anglo American (LSE: AAL) rejected on Wednesday a third takeover bid by BHP (ASX: BHP) that valued the company at US$49.2 billion (£38.6 billion), but…
Anglo’s second top investor demands BHP bid revision
Anglo American’s (LSE: AAL) second largest investor said on Wednesday it believes BHP’s (ASX: BHP) takeover bid requires “meaningful revision” in public remarks made just…
Brazil Potash starts Autazes project build
Autazes is expected to be the largest fertilizer mine in Latin America.
Mosaic sells Saudi JV stake to Ma’aden for US$1.5B
U.S. fertilizer company Mosaic (NYSE: MOS) is selling its 25% stake in a US$8 billion Saudi Arabian phosphate production joint venture to the country’s flagship…
BHP says first stage of Jansen potash mine almost halfway complete
BHP (NYSE: BHP; ASX: BHP) says the first phase of its massive potash mine in Saskatchewan, is ahead of schedule and near the halfway point…