The Mosaic Company
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POTASH: Mosaic accelerates its Esterhazy K3 mine program
SASKATCHEWAN – The Mosaic Company of Tampa, Fla., says it is accelerating the development of the Esterhazy K3 potash mine by a full year. The new plan means the K1 and K2 shafts can be closed, and the elimination of…
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POTASH: Mosaic idles Colonsay mine
SASKATCHEWAN – The Mosaic Company of Plymouth, Minn., has announced plans to close the Colonsay potash mine near the town of the same name. Layoff notices effective Sept. 10 went out to 359 employees and no suggestion of when the…
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Disappearance of potash tax credit irks Saskatchewan miners
Exploration for other minerals got a new boost instead
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POTASH: Fertilizer Canada decries lack of consultation as Saskatchewan ups tax burden
OTTAWA – Fertilizer Canada – representing manufacturers, wholesalers and retailers of nitrogen, phosphate, potash and sulphur fertilizers – has decried the lack of consultation with the Saskatchewan government before changes were made to the current potash taxation regime. Saskatchewan potash…
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POTASH: Mosaic to acquire Vale’s fertilizer business including Kronau project in Canada
SASKATCHEWAN – A Brazilian regulator has approved the sale by Vale SA of its fertilizer division to Mosaic Company of Plymouth, Minn. The deal includes Vale’s Kronau potash project in this province. Mosaic is paying US$2.5 billion for the project…
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FERTILIZERS: Mosaic to buy Vale’s fertilizer business
PLYMOUTH, MN – The Mosaic Company has announced plans to purchase Vale SA’s fertilizer business for US$2.5 billion. Mosaic is offering US$1.25 billion in cash and the other half through the issuance of 42.3 million shares to Vale. With an…
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Canpotex nixes plan for potash terminal in Prince Rupert
Canpotex, an exclusive offshore marketing company for potash mined in Saskatchewan by Agrium (TSX: AGU; AGY: NYSE), Mosaic (NYSE: MOS) and Potash Corp. of Saskatchewan (TSX: POT; NYSE: POT), has abandoned plans to build a $775 million potash export terminal in Prince Rupert, BC, after…
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POTASH: Economic slowdown forces miners to cancel plans to build a B.C. export terminal
Three of Canada’s major potash miners, Agrium Inc., Mosaic Co. and Potash Corporation of Saskatchewan Inc., have scrapped plans for Canpotex Ltd., their exporting and offshore marketing wing, to build a $775-million West Coast export terminal in Prince Rupert, B.C.…
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POTASH: PotashCorp aims to regain market influence with K+S bid
VANCOUVER — Canadian giant Potash Corp. of Saskatchewan is considering a mega deal for Germany’s K+S Aktiengesellschaft that could materially change the landscape in the fertilizer business. The world’s largest…
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POTASH: Canpotex to buy 700 new railcars
SASKATOON – Canpotex, Canada’s largest exporter of potash, has chosen National Steel Car of Hamilton, ON, to manufacture 700 new railcars designed to transport Saskatchewan potash to coastal ports in North America. The railcars will cost…
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MINING PEOPLE: Altitude Resources, Avrupa Minerals, Mosaic, Orbite, and Thompson Creek
Altitude Resources of Calgary has named Gene Wusaty its new president and CEO, effective Nov. 1, 2013. He is currently the chairman of the company and recently he was managing director and CEO of Coalspur Mines. He has also been COO at…
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Cartel break-up raises doubts about BHP’s Jansen project
The break-up of one of the world’s two big potash cartels has spawned much speculation about the future of BHP Billiton’s (NYSE: BHP) Jansen project in Saskatchewan, with a report from analysts at Bank of America Merrill Lynch arguing that…
