martes, 17 de abril de 2018

Future of $700-million Michigan potash project in regulators hands

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Potash News Digest
Wednesday 18 April 2018
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Michigan Potash Co. is closer than ever to start building a potash mine in the state.

Davenport Resources reported a maiden Joint Ore Reserves Committee-compliant resource of 576.6-million tonnes at 12.1% potassium oxide at its Ebeleben mining licence.

A diamond drilling campaign is about to start at the Salobro Zinc Project.

The second largest ever private equity fund focused on mining closed in the first quarter – 13 funds aim to raise a further $4.9 billion in 2018.

The miner is withdrawing from the World Coal Association over a clash of views on how to fight climate change, with BHP saying it'll reap little benefit from staying on as a member.

Cobalt, nickel still on the boil, but gloomier outlook reflected in copper price and fall in market value of top mining companies during first quarter.

Shares of some of the largest potash producers soared on speculation that the accident could knock out a large chunk of global production capacity.

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