China potash king’s online sale a bust

The new plant, to be based at the Karabil potash deposit, is estimated to be worth about $1.4 billion.

Western Potash said it’s moving ahead with its Milestone project, expected to produce 146,000 tonnes of potash annually over 12 years of planned operations.

The company is also said to be mulling a number of investment projects involving a Chinese chemical company.

Worries about Chinese economy and rising tension surrounding North Korea brings fear trade to mining and industrial metals.

JV company Vanguard Potash Corp would develop a small 250,000 tonnes per annum potash mine, initially.

Equipment and services suppliers will have to wait at least another year until they can fully feel the impact of this trend, says CSA Global — the world's second-largest mining sector consultancy.

IC Potash Corp. is creating a subsidiary that will focus on enhancing yields for cannabis growers and increasing the health impact and effects for consumers.

Before the end of 2017, K+S Potash Canada and Amec Foster Wheeler hope to start production at their Legacy project in Saskatchewan.

Mosaic was charged with fines of more than more than $85,000 after a worker's leg was crushed in a conveyer in February 2014.