Latest Phosphate Mining News

Minbos Resources has secured a US$13.8 million Phase 2 construction contract with Grupo Arliz, marking a pivotal step toward completing its Cabinda Phosphate Fertilizer Plant in Angola. With key equipment already on site and funding in place, the project moves closer to operational readiness.

The ASX has suspended trading of Canadian Phosphate Limited’s CP8O securities pending compliance with specific listing rules, a move that isolates this security class without affecting the company’s other quoted shares.

Canadian Phosphate (ASX: CP8) is raising up to AUD 4.85 million via a renounceable rights issue at a 22% discount, aiming to accelerate development of its newly acquired Diamond Mountain Project in Utah and advance exploration in Canada.

Aguia Resources has implemented optimized narrow vein mining at its Santa Barbara Gold Project in Colombia, pushing head grades to 12 g/t Au and improving recoveries, signaling a step-up in production quality.

Aguia Resources has addressed all regulatory queries for its Tres Estradas phosphate mine operating licence, with final approval expected soon. The project remains on track for mid-May operational readiness, while its Pampafos fertiliser offers a significant cost edge amid supply shortages in Southern Brazil.

St George Mining has expanded its Araxá rare earths-niobium resource by 75% to 70.91Mt at 4.06% TREO, positioning the project among the world’s largest carbonatite deposits. The company also acquired land for processing facilities and forged new downstream partnerships, supported by Minas Gerais state tax incentives.

PhosCo Ltd has reported significant phosphate mineralisation from recent drilling at the KM prospect within its Gasaat Phosphate Project in Tunisia, supporting upcoming maiden resource estimates and project optimisation efforts.

PhosCo Ltd has confirmed a significant phosphate mineralisation discovery at its DOH prospect within the Gasaat Project in Tunisia, highlighting the project’s potential as a world-scale phosphate source. This discovery complements pending maiden resource estimates at nearby prospects, reinforcing Gasaat’s strategic value amid global fertiliser supply pressures.

Aguia Resources has secured key mining concessions in Brazil, setting the stage for operational licensing and commissioning of its Tres Estradas phosphate mine by April 2026.

St George Mining has appointed Carla Grasso as Principal Geologist to spearhead mine planning at its Araxá Rare Earths-Niobium Project, following a major resource upgrade. This move signals a decisive step towards advancing economic studies and potential mining operations in Brazil.

PRL Global Ltd reported a robust half-year performance with revenue soaring 64% to $1.14 billion and net profit rising 71%, driven by a strategic acquisition and operational growth.

Minbos Resources has appointed Rob Newbold as Acting CEO following the resignation of Lindsay Reed, while grappling with administrative and shareholder challenges delaying its key phosphate project in Angola.