Danakali has been awarded crucial mining licences for the Colluli potash project in Eritrea, adding to the signing of the mining agreement with the country’s government.
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Danakali awards Colluli potash contract to Fluor
Australian developer Danakali has awarded Fluor with a front-end engineering, design and optimisation (FEED) contract at the Colluli potash project in Eritrea, East Africa.
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Centrex focuses on potash, turns its back on iron ore
In a sign of the challenges facing iron ore companies, one explorer has decided to walk away from developing the commodity.
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BHP Billiton to follow China on its next growth journey
BHP Billiton will invest heavily in energy and food as it follows China on its transition from a construction-led economy to a consumption power-house.
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Rio highlights potential of its massive potash deposit
Rio Tinto has uncovered a massive potash deposit in Canada, right near BHP’s existing Jansen mega-mine.
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BHP looks towards potash play
Major miner BHP Billiton is spruiking the importance of potash in the company’s future, labelling it a possible “fifth pillar” in its diversified portfolio.
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Three German miners killed after underground explosion
Three miners, who were trapped underground following a controlled potash mine blast, have died.
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30% drop in BHP profits
Mining giant BHP Billiton reported a 30 per cent drop in full-year profits, with the company saying it had dodged a bullet on a damaging acquisition due to Canadian politics.
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Mining investor sells iron ore stake
Investment firm BlackRock sold down about $60 million worth of iron ore stocks last Thursday, particularly from Fortescue Metals and Atlas Iron.
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BHP dividend to rise despite profit fall
Analysts are predicting BHP Billiton will increase its dividend payout at its annual result even as its profit takes a sharp hit.
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BHP to focus on WA gas, Canada potash
BHP Billiton says it will focus on oil and gas in Western Australia and potash in Canada as it cools off other expansions in Australia.
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