Potash Sector to Post Modest Growth

According to Goldman Sachs, over the next few years global potash demand will grow around 4 percent per annum with emerging market food requirements playing the key driving factor in fertilizer demand.

Channel Resources Closes Private Placement

Channel Resources Ltd. (TSX VENTURE:CHU) reported that the company has closed the final tranche of its non-brokered private placement of units announced on December 2, 2009.
The press release is quoted as saying:
The proceeds of the private placement will be used to fund exploration and pre-development work on its properties, primarily the Fox Creek Lithium / [...]

Agrium extends exchange offer for CF Industries

Agrium Inc. (TSX:AGU) (NYSE:AGU) announced that the company has extended the expiration date of its offer to acquire CF Industries Holdings, Inc. (NYSE:CF) for $45.00 in cash plus one Agrium share per CF share until 12:00 midnight, New York City time, on January 22, 2010.
The press release is quoted as saying:
Agrium Inc. is a major [...]

Potash Corp. has cut forecast as sales have come to ‘Virtual Halt’

Potash Corp. of Saskatchewan Inc., the world’s leading fertilizer producer by market value, declared 2009 profit will be less than it previously expected after North American sales of the crop nutrient reached a virtual halt.
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Potash One begins pre-feasibility work on Legacy Potash

Potash One Inc. informed about the begining of pre-feasibility work on its Legacy Potash solution mining project in southern Saskatchewan.
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For company’s website, click here

Athabasca Potash: Tap Into Potash For The Growing World

Overview
Athabasca Potash Inc. is a Canadian based corporation and was founded with a goal of establishing itself as a pre-eminent Canadian public company engaged solely in potash exploration and development, and to provide its shareholders with a unique investment opportunity focused entirely on potash.

Burr Project is the most advanced Green Field Potash Project in Saskatchewan.
Potash [...]

Falcon using diplomatic contacts to get the Brazilian Potash deal on track

Bill Clarke, Director of Falcon Metais, is  using all of his diplomatic contacts to try and get Brazil to reconsider and get the  potash deal back on track, which was cancelled by the seller due to outrage from farmers and government orders.
Mr. Clarke briefed Canada’s current ambassador to Brazil about the situation and is also [...]

Potash Corp. Strike Impacts Industrial Potash Output

Potash Corp. reported that strikes at two Canadian mines have affected output of industrial potash, which accounts for 5 percent of the company’s sales.
Company spokesperson Bill Johnson was quoted as saying:
All of the company’s industrial, or white, potash is produced at the Cory and Allan mines, two of three operations affected by strikes.
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Demand is rising and prices are blooming

POTASH CORP-UNION AGREE ON MEDIATOR, SHARE PRICE ON THE UP AGAIN
By Daniella D’Alimonte – Exclusive to Potash Investing News
The cost of oil is bringing about an increased demand for alternate forms of energy, namely bio-fuels. This, in turn, creates an increased demand for agricultural plantings and the use of potassium-based fertilizers. Thus, potash’s status as the main [...]

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