martes, 19 de septiembre de 2017

PotashCorp may sell stake in Chilean lithium producer SQM

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Potash News Digest
Wednesday 20 September 2017
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Move would seek to secure approval for its friendly merger with smaller rival Agrium, creating the world's largest potash miner worth about $36 billion.

Investors to vote on the two resolutions submitted ethical investing group ACCR at BHP's annual general meeting in London in October.

Federal judge Rolando Spanholo said opening the area known as Renca to mining can only be done by an act of Congress under the constitution.

Working with an investment bank to off-load 25% interest in giant potash project in Saskatchewan according to new report.

The region, preserved as a national reserve for more than three decades, is thought to be rich in gold, iron ore, copper and other minerals.

After pressure BHP is exiting oil and gas. Expect similar calls for shelving its $12 billion Jansen potash project in Saskatchewan to fall on deaf ears.

The premises is the western port destination for potash from KSPC's new multibillion dollar Bethune mine in southern Saskatchewan, the first new potash mine in Canada's premiere potash belt in nearly 50 years.

Controversial director Grant King is stepping down, only six months after joining the company amid concerns among investors over oil investments.

Canadian Pacific Railway says it's not yet clear what caused about 35 train cars carrying potash to derail.

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