Vale in Talks for Potential Deals Involving Iron Ore, Fertilizer -Reports

Brazilian exploration titan Vale SA( VALE, VALE3.BR, VALE5.BR) is in speaks along with Eastern mining business about marketing a minority concern in its Brazilian iron zinc assets, Bloomberg News disclosed Friday. People aware of the concern told Bloomberg that a purchase can elevate around $ 7 billion. Meanwhile, Reuters disclosed that… Read More: Vale in Talks for Potential Deals Involving Iron Ore, Fertilizer… »

Canpotex Shelves Plans for New Export Potash Terminal

TORONTO– Canpotex Ltd. shelved plans to construct a new export potash terminal at the Slot of Prince Rupert in British Columbia, after the potash investor found out there isn’t really adequate demand to progress. “This decision was created after cautious deliberation from Canpotex’s current as well as anticipated incurable ability needs,… Read More: Canpotex Shelves Plans for New Export Potash Terminal »