Archive for March, 2009

Aussies enticing BHP for a Potash takeover

Australian newspaper reporters are doing their best Thursday to lure BHP Billiton into spending the $6.3-billion it just raised from bond sales on a bid for Potash Corp. of Saskatchewan. For full story, click here

MagIndustries Potash Subsidiary signs gas deal with ENI

MagIndustries Corp. announced that its Republic of Congo subsidiary, MagMinerals Potasses Congo S.A., has signed a gas supply agreement with Eni Congo S.A., a subsidiary of global oil major Eni S.p.A. of Italy, for the supply of gas to MagPotasses’ Kouilou potash project. For full story, click here

Potash remains at current price

Potash Corp., the world’s leading producer of potash and the largest fertilizer producer reported that it has benefited from higher fertilizer application rates, rising crop plantings and soaring demand for biofuels. For full story, click here

Cidra Minerals wins flow contract with major potash supplier

Cidra Minerals Processing Inc declared that one of the largest potash producers has chosen CiDRA’s Sonartrac flow monitoring systems as their preferred technology for use on the Company’s slurry, flotation feed, brine recovery, thickener and tailings lines. For full story, click here

Bullish potash calls bets in process

Speculation is what you have to go on fellow. Potash Corp is currently trading at $83, and it could easily go lower, but traders are betting in the coming month. Potash shares could gain back some market.  The 52-week range for Potash Corp runs from $47 all the way to $241. For full story, click [...]

Allana announced analyst coverage on its potash project

Allana announced that Ubika Research has initiated analyst coverage of its Ethiopia Potash Project which includes three mineral concessions in Ethiopia’s northeastern Danakil Depression, one of the largest evaporite basins in the world, totaling approximately 150 square kilometers. For full story, click here