Potash producers in Canada, Russia and Germany are cutting back production to try to shore up market conditions. For full story, click here
Read the full article: "Potash producers in Canada, Russia and..."
Friday, January 30, 2009
Spot potash prices remain firm at record levels, recording $872.50 per tonne at the port of Vancouver in January. However, new (potash) business has come to a virtual halt. For full story, click here
Read the full article: "Spot potash prices remain firm"
Friday, January 30, 2009
Allana Resources Inc. is pleased to announce that it has engaged Downshire Capital to provide business advisory, shareholder information and public relations services effective January 23, 2009. For full story, click here
Read the full article: "Allana Resources Inc. Engages Investor..."
Friday, January 30, 2009
Rio Tinto the world’s third- largest mining company, agreed to sell South American potash and iron-ore assets to Cla Vale do, Rio Doce for $1.6 billion in cash to help meet a debt-reduction goal. Sam Catalano, an analyst at Macquarie Bank Ltd, said: This is a very positive step, given the market’s focus on its balance [...]
Read the full article: "Rio Sells Potash, Iron-Ore Assets to Vale to..."
Thursday, January 29, 2009
Mr Vladimir Putin PM of Russian says that Russian metals companies should only merge with rivals to enhance competitiveness and not simply to consolidate debt. Mr Putin said: They proposed the government swap debt for 25% of the new company. The state hasn’t decided whether to support the plan. We will take a very balanced [...]
Read the full article: "Russian metals merger should to enhance..."
Thursday, January 29, 2009
A six-company Russian mining merger proposed by Norilsk Nickel’s top shareholders is unlikely to succeed due to the huge debts involved, metals tycoon Alisher Usmanov said in interviews published recently. Usmanov said: Our concept implies a merger of two companies with an absolutely reasonable debt volume which could be converted into a state stake (in [...]
Read the full article: "Usmanov says Russia mining merger doubtful"
Thursday, January 29, 2009
Allana Resources Inc. is pleased to announce that it has engaged Downshire Capital to provide business advisory, shareholder information and public relations services effective January 23, 2009. For full stry, click here
Read the full article: "Allana Resources Inc. Provides Clarification..."
Thursday, January 29, 2009
Athabasca Potash Inc. is pleased to announce the appointment of Mr. Leo Bingleman as a director of the Company. Mr. Bingleman has also been appointed as the Chair of Athabasca’s Audit Committee. Mr. Bingleman is a Chartered Accountant with 25 years experience as a financial executive in the mining industry. For full story, click here
Read the full article: "Athabasca Potash Inc. Appoints a New Board..."
Monday, January 26, 2009
Canadian potash hopeful Athabasca Potash has identified preferred locations for the shaft and mill at its Burr project, in Saskatchewan, Canada. For full story, click here
Read the full article: "Athabasca selects sites for shaft, mill at..."
Monday, January 26, 2009
Potash One Inc and Potash North Resource Corporation are pleased to announce that they have entered into a binding letter of intentcontaining the principal terms by which, subject to satisfaction of certain conditions, Potash One will acquire all of the issued and outstanding common shares of Potash North through a Plan of Arrangement or other [...]
Read the full article: "Potash One and Potash North announce..."
PotashInvestingNews.com maintains a focus on Potash exploration and investment opportunities. For broader Natural Resource Investing, see ResourceInvestingNews.com.
The Potash Investing Glossary: This glossary covers investing in junior resource companies. For the experienced investor or the newbie, you should find everything you need here. If not, let us know and we’ll research and add what you’re looking for.
Friday, January 30, 2009