Potash is being now termed as Pink Gold
The worldwide demand for the pinkish, chalk-like mineral, Potash, is so great that people in areas like Saskatchewan and Newfoundland have started calling the mineral as “Pink Gold”. For full story, click here
Archive for July, 2008
Mantis acquires potash permits in Saskatchewan
Mantis minerals reported that it has entered into an agreement with an arms length third party to acquire potash exploration permits for potash areas of Saskatchewan. For full news, click here
Potash Corp and union agree for further talks
Potash Corp of Saskatchewan held productive talks with union workers and agreed for further negotiations. A company spokesperson was quoted as saying: They had good, long and substantial talks. For more information, click here
Potash miners vote to strike in Saskatchewan
Saskatchewan potash miners working at three different sites owned by Potash Corp. of Saskatchewan have decided to go on a strike, if progress towards a new collective agremeent does not take place soon. For full story, click here
Potash One completes acquisition of Potash Permit KP289
Potash One Inc. reported that it has completed the acquisition of the remaining 75% interest in Potash Permit KP289 (the “Legacy Project”) via purchasing the shares of Invictus Minerals Corporation. Paul F. Matysek, President and Chief Executive Officer of Potash One Inc., was quoted as saying: This transaction combined with the previously completed acquisitions of KP355, KP356 [...]
Rio Tint looking at 10% market share in global potash market
Preston Chiaro, chief executive of Rio’s energy and minerals unit, said: Rio Tinto wants to grab 10 percent of the world potash market as demand for the fertiliser grows in step with biofuel production. For full story, click here
Rising Potash looks overseas
The recent price hikes has not affected the demand for fertilizers. Chief executive officer Bill Doyle of Potash Corp. of Saskatchewan, was quoted as saying: Higher prices have not had an impact on demand, as farmers realize they still realize significant returns on their potash investments. For full news, click here
Potash demands inflate prices
By Daniella D’Alimonte – Exclusive to Potash Investing News Potash Corp. of Saskatchewan Inc. (TSX: POT) felt the effects of a downward commodities slide as it dropped another 1.9 per cent July 18 lowering its price to US$211.16 per share. However, analysts are very bullish about this venture. The company announced plans to increase capacity [...]
Introduction to Potash Investing
Prices for potash, a commodity used in fertilizers as well as cement production, are continuing to rise. “These new and higher price levels are supported by continued strong offshore potash demand and by the historically low potash working inventories that have resulted from record demand this year,” Potash Corp said on its website. As developing [...]
Resource Investing News
PotashInvestingNews.com maintains a focus on Potash exploration and investment opportunities. For broader Natural Resource Investing, see ResourceInvestingNews.com.
