Inefficient Potash Tax System Hindering Saskatchewan

A study released by the University of Calgary criticizes Saskatchewan's potash tax system, noting that it limits the province's ability to perform against international competitors.

Pacific Potash Faces Brazil Project Shutdown

After a tax payment destined for the Department of Mineral Production failed to arrive in Brazil for "unknown reasons," Pacific Potash could lose its Amazonas property.

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Company News

Strata Minerals Announces Financing

Strata Minerals Announces Financing

Strata Minerals Inc. (TSXV:SMP) announced a financing consisting of common shares at a price of $0.10 per common share, for a total of $179,000.

PotashCorp Announces Q4 2014 Earnings of $407 Million

Potash Corporation of Saskatchewan Inc. (TSX:POT,NYSE:POT) announced that in Q4 2014 its earnings came to $407 million, or $0.49 per share. That's up significantly from $230 million, or $0.26 per share, in the year-ago quarter.

Arianne Phosphate to Start Permitting Phase for Lac a Paul

Arianne Phosphate Inc. (TSXV:DAN) announced that on February 18, 2015 it will begin the public information and consultation process required for it to receive environmental permitting for its Lac a Paul project.

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Market News

Minnesota Using Potash to Eradicate Zebra Mussels

ABC News reported that the Minnesota Department of Natural Resources is using potash for the first time to kill the zebra and quagga mussels. To achieve this, the department will inject liquid potash under the ice of Christmas Lake.

Shares of North American Potash Companies Up Sharply

Bloomberg reported that North American potash producers saw a sharp increase in value of their shares after one of Uralkali OAO’s (MCX:URKA) mines ceased production due to hazardous conditions.

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