K+S Shoots Down Proposed Acquisition by PotashCorp

K+S Shoots Down Proposed Acquisition by PotashCorp

Germany's K+S has rejected a proposed acquisition by PotashCorp. "The proposed transaction does not reflect the fundamental value of K+S and is not in the best interest of the company," the company said Thursday in a statement.

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Ralph Rushton of Focus Ventures on Highly Reactive Phosphate Rock

At Canvest, INN had the chance to chat with Ralph Rushton, vice president of corporate development at Focus Ventures. He spoke about what has been happening at the company's Bayovar 12 phosphate project in Northern Peru and explained what highly reactive phosphate rock is.

Company News

Canada’s PotashCorp Proposes Acquisition of K+S

Potash Corporation of Saskatchewan Inc. (TSX:POT,NYSE:POT) announced that it's made a private proposal to negotiate the acquisition of K+S Aktiengesellschaft (SWX:SDF).

Centrex Metals to Switch from Iron Ore to Potash

Australian Mining reported that Centrex Metals Ltd. (ASX:CXM) has decided to write down its South Australian iron ore exploration assets. It will now focus on developing its Western Australia-based Oxley potash project.

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Company Videos

Potash West Managing Director Patrick McManus Talks Potash in Australia and Germany

Potash West (OTC:PWNNY,ASX:PWN) Managing Director, Patrick McManus, provided an update on the Dandaragan Trough Project in Western Australia and potash projects in Germany: "the feasibility on the Dinner Hill Project within the Dandaragan Trough is progressing; we should be announcing an updated resource on that within the next two to three months. In addition to that, the German project, specifically the Küllstedt project area has a large amount of drilling on it in the last several decades - we are currently reviewing that and we expect to be announcing an update of that drilling work within the next month."

Strata Minerals CEO Jason Bahnsen Talks Phosphate in Utah

Strata Minerals Inc. (TSXV:SMP) CEO Jason Bahnsen provided this video update on what investors can look forward to after the company recently announced its maiden Resource Estimate for the Diamond Mountain phosphate project in Utah.

Market News

India’s Potash Volumes to be Impacted by Higher Import Price

Mining Weekly reported that fertilizer producers in India expect a fall in inward shipments of fertilizer minerals during the current financial year. The producers failed to avoid a price hike in the year's first two potash import deals.

MarketsandMarkets Predicts Specialty Fertilizer Market Will be Worth $19,885 Million By 2020

MarketsandMarkets published a report titled "Specialty Fertilizers Market by Type (Monoammonium Phosphate, Monopotassiun phosphate, Potassium Nitrate, Potassium Chloride, Potassium Sulfate, Urea, UAN, and Others), by Crop Type & by Region - Global Trends & Forecast to 2020" that projects the specialty fertilizer global market will reach $19,885 million by 2020.

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