Coal Mining Companies Turning to Gemcom Minex in Asia Pacific

Gemcom Software International Inc., the largest global supplier of specialised mining productivity solutions, today provided an update on growing Gemcom Minex(TM) sales momentum in Asia Pacific. Strong demand for the software is being fuelled by booming commodity demand and mining companies seeking improved tools for geology and mine planning. Minex is a comprehensive geological modelling and mine... 

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Offtake Agreement for Phosphate Rock With India’s Largest Fertilzer Enterprize (IFFCO)

Legend International Holdings, Inc, with phosphate projects in the State of Queensland, Australia, announces that it has entered into a long term offtake and supply agreement for a minimum of 3 million tonnes annually of concentrated rock phosphate from its Lady Annie project in Queensland, Australia, with Indian Farmers Fertiliser Cooperative Limited (“IFFCO”). Legend and IFFCO have decided to... 

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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 resulted in a comprehensive drilling program as...