Resumen de Mines and Money: : Are we at the bottom yet?

Siobhan Lismore-Scott, Laura Syrett, James Sean Dickson

• The "good news", according to [Chris Berry], is that the current malaise, while painful, is only temporary. "When the various excesses are worked through, be they in inventories, or labour, or whatever, things will start to pick up," he said.

  "Spain changed its environmental approvals legislation in November last year, and it actually shortened the timelines from 8-10 months to six months," he said, adding: "The other thing people don't mention about Spain is that it does actually have mining tax incentives." "We're in a very fortunate position that we can build potash projects at fantastic margins at (...) current potash prices," [Anthony Hall] said, adding: "We also take the view that potash prices are unlikely to get back to where they were eight to ten months ago."