Canada potash project may cost BHP growth elsewhere, say investors

Michigan Potash Co. is closer than ever to start building a potash mine in the state.

The miner is withdrawing from the World Coal Association over a clash of views on how to fight climate change, with BHP saying it’ll reap little benefit from staying on as a member.

Cobalt, nickel still on the boil, but gloomier outlook reflected in copper price and fall in market value of top mining companies during first quarter.

Shares of some of the largest potash producers soared on speculation that the accident could knock out a large chunk of global production capacity.

Eurochem expects to produce a total 500,000-600,000 tonnes of potash in 2018.

Securing the debt will be the final milestone to bring the York project into production.

After spending almost an entire day at underground refuge stations, 55 workers at The Mosaic Company’s K2 potash facility made it safely to surface.

Goderich has undergone a modernization process in the past six years, which requires less manual labour.

The mining industry is awash with cash, and so far it’s got two main uses — pay down debt and reward investors.