Russian fertiliser producer
PhosAgro OAO has commissioned its Smart Bulk
Terminal in Ust-Luga, near Lenningrad, Russia, in partnership
with Ultramar, a subsidiary of Texas, US-based
CST Brands Inc.
The terminal complex has a capacity of
over 1.5m tpa mineral fertilisers and its storage warehouses
can hold up to 80,000 tonnes fertiliser. PhosAgro said that the
project is unique because handling and storage capacities can
be doubled in a short period of time, if and when needed.
"Developing our own port terminal
capacities enables us to decrease transportation costs and
further strengthens PhosAgro’s position as the
leader on the global cost curve," PhosAgro’s CEO,
Andrey Guryev, said.
"By using the best available technologies
and technical solutions, this project will enjoy an
exceptionally high return on investments. Investments in
terminals with similar capacities are often far more
expensive," he added.
PhosAgro has also signed a 10-year
contract for drilling and blasting work at its Apatit phosphate
mine with Orica Ltd, an
Australian mining services company.
Valued at Russian rouble (R) 12.5bn
($234m*), the contract will see Orica conduct all of the
drilling at the Apatit and supply emulsion explosives for
The final tranche of social and
environmental baseline assessments have been submitted for for
joint venture (JV) Colluli sulphate of potash
Formerly known as South Boulder Mines Ltd,
ASX-listed Danakali is developing Colluli with the
Eritrean National Mining Co. (ENAMCO).
Danakali said that the transfer of knowledge from pervious
mining projects in Eritrea had benefitted the submission
process for Colluli significantly.
"The regular engagement that we have had
with the Ministry of Energy and Mines and the Ministry of Land,
Water and Environment throughout this process has been highly
beneficial, and to date, no material issues have been
identified," Paul Donaldson, Danakali’s managing
"Our Eritrean team in the Asmara office,
the specialist in country consultants, our project team in
Perth, and the respective members of both the Ministry of Mines
and Energy and the Ministry of Land, Water and Environment have
worked well together to ensure the necessary work was completed
to the required standard well ahead of the completion of the
definitive feasibility study (DFS)," Donaldson added.
ASX-listed Potash West NL
has terminated the sale of its South Harz German potash
interests to fellow Australian company Petrotherm
Ltd, after the parties "decided not to proceed" with
the agreed transaction.
Potash West and East Exploration
Ltd, the subsidiary owner of the resource, are now
negotiating with other parties to achieve a similar outcome.
Potash West holds 55% of East Exploration’s
shares, while the remaining stake is owned privately.
South Harz consists of two exploration
licences for the Kullstedt and Grafentonna deposits in
Thuringia, central Germany.
In Canada, Quebec-headquartered
Arianne Phosphate Corp. has signed cooperation
agreements with the First Nations Innu from Pessamit, Essipit
and Mashteuiatsh, based nearby to the company’s
Lac a Paul phosphate deposit.
"We appreciate the interest expressed by
the First Nations towards our phosphate project and the
willingness to see Lac a Paul progresss," Pierre Fitzgibon,
Arianne’s board chairperson, said.
Now that the collaboration agreements are
complete, Arianne and the First Nations are looking to finalise
the impact and benefit agreement terms.
TSX-listed DuSolo Fertilizers
Inc. has reached full, 20,000 tpm direct
application natural fertiliser (DANF) production capacity at
its Bomfim fertiliser mine and processing facility in
DuSolo intends to produce at least 100,000
tonnes DANF product this year, the maximum that is currently
allowed by its mining permits, though the company applied
earlier this year for a 200,000 tpa permit.
"This will be the first full planting
season in which DuSolo will be producing fertilisers. At our
current production rate, we are able to deliver on all sales
contracts currently in place," Eran Friedlander, DuSolo's CEO,
"With the anticipated increased capacity,
the Company will be in a position to enter into additional
sales contracts this year, thereby addressing the growing
demand for DANF in the region," he said.
|Baron Waqa, the Nauruan President.
Source: International Telecommunication
In Nauru, Justice
Minister David Adeang has refuted allegations brought to light
by Australian state broadcaster ABC that he and
President Baron Waqa received several bribes concerning the
Pacific island nation’s phosphate reserves.
He told ABC that he was "offended
and speechless" and objected to the "untrue and personal
nature" of the allegations. "It is unprecedented for an
Australian media organisation to interfere in the domestic
politics of another country," Adeang said.
Adeang told the broadcaster that the claim
was based on six-year-old disproven information and said that
it related to disgruntled former government employees.
Waqa responded to ABC by text,
saying the allegations were baseless and that regardless, he is
not answerable to the Australian media.
*Conversion made June 2015