A man looks at the landscape of Nauru, which has been left barren after decades of phosphate mining, on August 19, 2001. Reuters Today, almost all of Nauru's economy is based on foreign assistance ...

By 2005, phosphate mining and exports had resumed, providing a much-needed boost to Nauru's economy, according to the government website.

Phosphate mining is about to be revived on the Pacific island of Nauru. The Nauru Government has struck a deal with the Australian fertiliser company Incitec Pivot. Under the deal, Incitec Pivot ...

Nauru is about 3,000km north-east of Australia. The island's main phosphate mines closed in the 1980s, though phosphate mining and exports resumed in 2005.

Nonetheless, the case of Nauru, a small, remote island in the Pacific Ocean once abundant in phosphate, should serve as a warning to all interested parties. During the 20th century, amid a “scramble ...

Nauru’s Ambassador to the International Permanent Sea Bed Authority Margo Deiye said Nauru’s economic prospects were dwindling with the phasing down of its phosphate mining and offshore ...

However, mining proceeds were so poorly invested and managed that the Nauru Phosphate Royalties Trust, valued in 1990 at AU$1.5 billion, went into receivership in 2004.