Potash
Bloomberg reports that OAO Uralkali ( LON:URKA) , Russia’s second- biggest potash producer, rose on a report it plans to raise prices in Brazil.
Bloomberg reports that Saskatchewan Premier Brad Wall, who opposed BHP Billiton Ltd.’s $40 billion bid for Potash Corp. of Saskatchewan Inc., said any offer for Potash’s largest rival Mosaic Co. (NYSE:MOS) was unlikely to result in a similar review by Canada.
MBAC Fertilizer Corp.(TSE:MBC) announced that it has successfully completed its previously announced bought deal financing for aggregate gross proceeds to MBAC of C$42,423,500.
IC Potash Corp. (CVE:ICP) announced that it has entered into an agreement with Stifel Nicolaus Canada Inc. pursuant to which the Underwriter has agreed to purchase 12,500,000 common shares of the Company.
Reuters reports that Intrepid Potash Inc (NYSE:IPI) posted its second straight market-topping quarterly profit as potash sales rose 44 percent on increased demand for grains.
Business Insiders reports that Goldman’s David Kostin notes three trends from the last hedge fund 13-Fs, and what they’re doing with their $1.2 trillion in equity assets.
The Globe and Mail reports that some dissenting views against the bidder’s execution are now being heard about the BHP Billiton Ltd.s’ bid for Potash Corp. of Saskatchewan Ltd.
Universal Potash Corporation (PINK:UPCO) announced that technical planning will commence in the Paradox Basin of Utah.
Marfil Mines Ltd. (CVE:MFM) announced that it has staked two additional claims, on its K-3 and K-4 potash projects, both in Mendoza Province, Argentina.
Reuters reports that Russian potash miner Uralkali has appointed former CEO Vladislav Baumgertner to head the newly merged Uralkali-Silvinit, which will be the world’s second largest producer of the fertilizer ingredient.
