Most potash shipped through Thunder Bay in a decade

While it did not disclose the costs and planned capital expenditure for the Albany project, Rio has previously said the deposit had enough potash to sustain a low cost operation for decades.

The exclusivity agreement, which expired last week, would have given BHP the right to develop a potash port close to its Jansen project.

Net profits from progressing economies-based miners reached $24 billion in 2013, compared to a net loss of $4 billion for developed market firms.

The company is temporarily extending operations at its Penobsquis mine in New Brunswick, citing tight conditions in the granular potash market.

World's largest mining company said to be unloading all of the non-core units acquired after the merger with Billiton 13 years ago.

Brent Cook from Exploration Insights chats with Cambridge House Live anchor Vanessa Collette about the state of the junior mining sector.

CEO Andrew Mackenzie says miner's China-focused investment is shifting and its rapid iron ore expansion came at the expense of the overall business.

Zebra mussels reproduce quickly and can disrupt the food chain, clog water pipes and create algae.

The Japanese firm is said to be looking to either acquire the project, or restart it as partner of Vale.