MINING.COM

Mining industry eschews mega projects to boost shareholder returns at consumers’ expense

Mining executives have given a clear indication that they plan to slash capital spending and reduce supply in order to improve shareholder returns at the expense of consumers.

Marc Howe | November 5, 2012 | 4:36 am

China’s state-owned energy giants covet Canadian potash

Government documents reveal that two of China's biggest state-owned energy corporations have approached a Canadian federal minister to express their interest in acquiring stakes in the country's potash and fertilizer sectors.

Marc Howe | November 3, 2012 | 3:02 am

Canada’s economy drops as mining and oil plunge

Canada’s economy shrank 0.1% in August, the first drop in six months, driven mainly by depressed manufacturing and energy sectors, Statistics Canada said Wednesday.

Cecilia Jamasmie | October 31, 2012 | 2:52 pm

PotashCorp reportedly in merger talks with Israeli smaller rival

Potash Corporation of Saskatchewan (TSX:POT) is allegedly in talks with the Israeli government concerning a potential merger/ takeover of Israel Chemicals Ltd. in a deal that may be worth over $13.5 billion.

Cecilia Jamasmie | October 31, 2012 | 2:06 pm

Potash Corp profits plunge on drop in exports to China and India

Potash Corp of Saskatchewan (TSX:POT) has seen third quarter earnings plunge 22% due to a sharp decline in exports of the key fertilizer ingredient to China and India.

Marc Howe | October 25, 2012 | 10:56 pm

BHP has more good things to say about Jansen

"We think we’ve got a good project."

Frik Els | October 25, 2012 | 10:14 pm

Potash Corp warns profit to be lower than forecasted

Potash Corp. (TSX, NYSE:POT), Canada's largest fertilizer producer, said Wednesday it was revising its outlook because of delays in reaching contracts with commodity buyers in India and China.

Cecilia Jamasmie | October 17, 2012 | 3:36 pm

More than half of mining execs think industry is on its way up

Mining executives see lots of more sunny days in 2013 with 55% of participants in a recent survey saying they believe their sector will perform better than it did in the first half of 2012.

Cecilia Jamasmie | October 15, 2012 | 3:39 pm

Qatar sees Glencore/Xstrata merger positively

Qatar's sovereign investment fund, the second largest shareholder in Xstrata PLC (LON:XTA) with 12% of equity, confirmed Monday it is looking positively at the company's planned merger with Glencore International (LON:GLEN).

Cecilia Jamasmie | October 15, 2012 | 2:18 pm

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