Potash Corp. of Saskatchewan Inc., the world’s leading producer of its namesake crop nutrient, will continue to curtail output until demand from China increases. For full story, click here
Belarus, home to the world’s leading potash exporter, should not accept lower prices for the soil nutrient despite a dip in demand linked to the world financial slump. For full story, click here
Atacama Minerals Corp. declared that preparations are underway to commence exploration drilling on its potash project located on the northeastern coast of Brazil near the city of Salvador, Bahia. For full story, click here
Potash closed yesterday at $107.93. So far the stock has hit a 52-week low of $47.54 and 52-week high of $241.62. Potash stock has been showing support around 100.02 and resistance in the 112.56 range. Technical indicators for the stock are Bullish and S&P gives POT a weak 2 STAR sell rating. For full story, [...]
Potash closed yesterday at $102.63. So far the stock has hit a 52-week low of $47.54 and 52-week high of $241.62. The proprietary Key Risk Ranking for POT has dipped from a 2 KEY Considerable Relative Risk to a 1 KEY High Relative Risk. For full story, click here
Potash One Inc. declared that it has significantly raised the potash resource estimate on the Company’s Legacy Project – a planned solution mine in Saskatchewan, Canada, based on an updated technical report prepared pursuant to NI 43-101. For full story, click here
The Board of Directors of Agrium Inc. has announced a dividend of five and one half cents U.S. per common share to be paid on July 2, 2009 to shareholders of record on June 11, 2009. For full story, click here
Agrium Inc., North America’s third-leading fertilizer producer, posted a first-quarter loss of US$60-million as demand and prices for crop nutrients dipped. For full story, click here
German fertiliser supplier K+S reiterated that it has forecasted a notable dip in 2009 earnings even after it posted first-quarter operating proft that beat expectations on Wednesday. For full story, click here
Potash closed yesterday at $100.87. So far the stock has hit a 52-week low of $47.54 and 52-week high of $241.62. Potash stock has been showing support around 93.52 and resistance in the 106.46 range. Technical indicators for the stock are Bullish and S&P gives POT a weak 2 STAR sell rating. POT appears on [...]