NFU Scotland leaders reported that fertiliser prices are mostly likely to remain at higher levels, until new manufacturing capacity comes on stream in 2010. For full news, click here
The price of Potash has jumped over the last year, thereby attracting new workers and investment to Saskatchewan, that was once thought to be in long-term decline. For full story, click here
Cloudbreak Resources has terminated its agreements with Valhalla Resources in Turkey and Romania, as well as the JV with Kokanee Placer in Nevada. The company is solely focusing on numerous Saskatchewan Coal claims and Alberta Potash claims. For full story, click here
MagIndustries Corp. is going ahead in the process of becoming a reporting issuer in certain provinces in Canada, which includes the filing of a preliminary prospectus for MagMinerals Potash in August 2008. For full news, click here
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 [...]
Unionized workers stopped operations at Potash Corp’s Cory mine on Monday, July 28th. A United Steelworkers spokeswoman said: The strike would last only one day as part of an effort to restart talks. Click here for full story
First Deputy Prime Minister of Belarus Vladimir Semashko, was quoted as saying: In H1 potash fertiliser export revenues were up almost 2.5 times. In H1 the export price averaged $405.2 per tonne as against $167.7 in the same period last year,” Vladimir Semashko said. As a result, export revenues in January-June this year reached $1.458 [...]
Pebble Creek Mining announced that it is applying for permits to explore potash in Rajasthan, India. For full story, click here
The rising prices of Potash is sending Producers Into $16 Billion Capital Spending Frenzy, as per a report by Industrial Info Resources. For full story, click here
A massive land grab is taking place in Canadian province of Saskatchewan to exploit the riches from shortage of Potash. For full news, click here
Thursday, July 31, 2008