According to report from Scotiabank. Potash was the only commodity that showed lusture in September, as oil began its freefall and agriculture futures plummeted. The report said: A strike at three of PotashCorp’s mines in Saskatchewan, record low North American inventories and sold-out contract volumes at major potash producers continue to underpin prices. For full story, [...]
Read the full article: "Potash holds its own price"
Friday, October 31, 2008
Potash Corp. has been a victim of the hedge fund deleveraging. We still view this stock positively, based on a growing middle class in China and India. For full story, click here
Read the full article: "Jones’ Manager Picks: Bullish on..."
Friday, October 31, 2008
Raytec Metals Corp. said that the company has reached an out-of-court settlement with Kulwant Malhi, Sukhdeep Sekhon and Justin Sangha , company’s vendors of the Saskatchewan potash permits. For full story, click here For company’s website, click here
Read the full article: "Raytec Settles All Potash Claims"
Friday, October 31, 2008
Rio Tinto Plc is cautiously pushing forward with a $900 mn potash mine project which the company hopes to have online in 2013. Susan Keefe, Rio Tinto communications vice president, said: The company is working with federal and provincial government officials to determine mutually acceptable solutions to the issues that require resolution to bring this project to fruition. [...]
Read the full article: "Rio Tinto Pushes On With Argentina Potash..."
Thursday, October 30, 2008
By Leia Michele Toovey- Exclusive to Potash Investing News Potash managed to remain the star performer through September while oil and agricultural futures were battered, but just how is potash holding up in the current climate? In September potash prices reached a record of $862.50 US per tonne, and through October prices have been relatively stable [...]
Read the full article: "Will potash stay on top?"
Thursday, October 30, 2008
Average spot potash prices rose from US$802.50 per tonne in August to US$862.50 in September and were stable in mid-October at about US$865 (FOB Vancouver). According to Scotiabank’s Patricia Mohr: Potash prices are underpinned by record-low inventories in North America, “sold-out” contract volumes at major potash producers and a strike at three PotashCorp mines in [...]
Read the full article: "Potash bucking the trend"
Thursday, October 30, 2008
Spur Ventures Inc. said that he company has terminated the agreement with Zhong Chuan International Mining Holding Company Limited. For full story, click here For company’s website, click here
Read the full article: "Latest on strategies of spur ventures"
Thursday, October 30, 2008
Israel Chemicals rises 5.6%, in the wake of gains by many of its international peers, especially Potash Corporation of Saskatchewan Inc., which owns 11% of Israel Chemicals, has risen 25% in the past few trading sessions. For full story, click here
Read the full article: "Stocks of Israel Chemicals up 5.6%"
Thursday, October 30, 2008
Russian potash miner Uralkali will slash output of potash fertilisers by 500,000 tonnes in 2008 to 4.9 million tonnes due to adverse market conditions. For full story, click here For company’s website, click here
Read the full article: "Uralkali reduces 2008 production plan"
Wednesday, October 29, 2008
Is the price of potassium coming down? Probably not. Global demand and currency exchange rates are the primary dynamics in the market. For full story, click here
Read the full article: "Is the price of potassium coming down?"
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Friday, October 31, 2008