By Kishori Krishnan Exclusive To Potash Investing News When it comes to resource revenues, forget ‘black gold.’ That’s so 2008. This fiscal year, the hot new colour is pink – as in potash. And who better to don it than several North American suppliers. The stock price in major potash groups have risen in recent [...]
Potash Corp. of Saskatchewan Inc., the world’s leading fertilizer producer by market value has declared that 2009 profit will be less than it has previously expected after North American sales of the crop nutrient reached a virtual halt. For full story, click here
A takeover battle involving three North American fertilizer companies grew more heated yesterday, when CF Industries Inc. rejected a hostile bid by Calgary’s Agrium Inc. Agrium CEO Mike Wilson said: We’re deeply disappointed that CF’s board of directors has rejected Agrium’s proposal without even attempting to engage us in exploratory discussions,” noting that “we remain [...]
The concentrations of potash and lithium in the samples are important as many are comparable to or higher than the brine concentrations reported in world class producing mines. For full story, click here
Get our independent commentary on potash trends and companies delivered to your inbox.
