Potash
The Mosaic Company (NYSE: MOS) announced plans to release fiscal year 2013 financial earnings on Tuesday, October 2 2012.
Vale SA (NYSE:VALE), a Brazilian mining company, announced that it will postpone projects int he conceptual phase due to the economic climate.
Reuters reported that Western Potash Corp. is looking for investors in order to build a potash mine in Western Canada. Potential joint venture partners include India’s Rashtriya Chemicals and Fertilizers Ltd.
The Mosaic Company (NYSE: MOS) announced that the company is providing $150,000 to communities impacted by Hurricaine Isaac.
Bloomberg reported that weaker global demand may cause OAO Uralkali, the world’s largest potash producer by volume, to cut third quarter production.
Red Moon Potash Inc. (TSXV:RMK) announced that the company will be listed on the TSX Venture Exchange, under the symbol “RMK” on Friday, August 17th 2012.
CNBC reported that a historic drought throughout the U.S is creating great oppotunities for some fertilizer companies. The dought has boosted fertilizer shares, meanwhile devastating crops and raising food prices to record highs.
Gensource Capital Corporation (TSXV:GSP) has completed the acquisition of 100% of Nexxt Potash Inc., a private company holding rights to several potash leases in Saskatchewan.
Reuters reported producer level potash inventories dropped 15% in July, a key indicator of market sentiment.
South Boulder Mines Ltd (ASX:STB) announced some of the highest assay results to date at the Colluli Potash Project in Eritrea, increasing the potential for the company to expand its resources.
