Potash Mining

Universal Uranium Enters Into Agreement to Sell Central Mineral Belt Properties to Crosshair Exploration

Universal Uranium Ltd. is pleased to announce that it has entered into an agreement with Crosshair Exploration and Mining Corp. under which Crosshair will acquire all of Universal’s interest in the Central Mineral Belt (CMB) of Labrador, which totals approximately 4,737 claims. Universal and its 40% partner Silver Spruce Resources issued news... 

Larry W. Holley Named President of Gramercy Alumina and St. Ann Bauxite

Century Aluminum Company and Noranda Aluminum Holding Corporation announced today that Larry Holley has been named president and general manager of Gramercy Alumina, LLC and St. Ann Bauxite Limited, effective May 8, 2008. “We are delighted with Larry’s appointment,” said Century’s chief operating officer Wayne R. Hale. “His... 

Rios Exploration Scorecard

For major mining companies such as Rio Tinto and BHP Billiton, the future life is a combination of their exploration work and enterprise: to find things on their own, to be approached by other companies in deals , or make acquisitions. Rio growth with Alcan bought last year and is now off fighting an attempt by BHP Billiton to do that to himself. Rio... 

CVRD looking to bring new steel projects on stream – Brazil

Rio de Janeiro-based CVRD (NYSE: RIO) is in talks with international steelmakers to bring new steel projects to Brazil, CFO Fã¡bio Barbosa told analysts and investors in a presentation Thursday. Barbosa was speaking in São Paulo during an event promoted by finance industry trade group Apimec. CVRD has a 10% minority stake in the under-construction... 

Corridor Updates Drilling and Development Activities at McCully

Corridor Resources Inc. reported that drilling operations have commenced at the P-76 well in the McCully natural gas field located near Sussex in southern New Brunswick. The well is the first to be drilled at McCully using the Nabors #86 (triple) drilling rig which was recently mobilized to the field from Alberta. The well is designed to evaluate and... 

Agrium to Adjust Carrying Cost of Its Canadian Phosphate Operations

Agrium Inc. announced today it expects to adjust the carrying cost of its Kapuskasing phosphate rock mine and associated Redwater phosphate facility resulting in a non-cash, after tax charge of approximately $100-million in the Corporation’s fourth quarter financial results. Recent quality issues with the rock from our Kapuskasing phosphate mine... 

Argentina’s Mendoza Province suspends mining, new permits & claims

The ongoing conflict between officials in Argentina’s Mendoza Province and miners escalated as the provincial parliament Wednesday suspended all open-pit mining, and halted issuing any new exploration and mining permits in the province. Wednesday’s decision will also ban the awarding of mining claims until they are approved by the environmental... 

Argentine province halts mining on pollution fears

Lawmakers in an Argentine province famous for its wine and ski resorts have suspended all open-pit mining due to strong environmental opposition, deputies and industry sources said on Thursday. The western province of Mendoza is synonymous with Malbec vines grown in the plains below the Andes, but rising metal prices have generated increased interest... 

Canadas July GDP Grows 0.2% on Mining, Wholesaling

Canada’s economy, the world’s eighth-largest, expanded 0.2 percent in July, the most in four months, led by mining, wholesaling and financial services. The increase reported by Statistics Canada today in Ottawa compares with no growth in June and matches the median estimate in a Bloomberg News survey of 19 economists. Today’s figures... 

Mine Plan Would Erase Wetlands: PCS Phosphates Proposal Threatens 2,500 Acres, the Most Ever in N.C

A massive Beaufort County strip-mining operation wants to expand its extraction of phosphate ore in one of the state’s most environmentally fragile areas. The proposal by PCS Phosphate, if approved, would represent the single largest destruction of wetlands permitted in the state — 2,500 acres including the headwaters of seven creeks near...