Potash One gets $434M takeover bid

As the saying from mid-19th century California goes, during a gold rush the easiest way to get rich is selling shovels and picks. 

The world’s 50 biggest miners gained a combined $42 billion during Q2, but the ranks of lithium stocks in the top tier have halved as valuations plummet.

Foreign takeovers of mining companies have been a touchy topic ever since a wave of deals 18 years ago took out some of the country’s biggest players.

The world's largest listed miner is reportedly paying only 80% of short-term incentives offered in 2023-24, as it missed performance goals.