By Leia Michele Toovey- Exclusive to Potash Investing News After weathering a tumultuous 2009; potash producers are holding their breath in anticipation of a better 2010. Analysts are confident that producers will get what they desire; predicting demand for potash will bounce back this year as purchasers return to the market. The recent drawdown in [...]
Demand and prices for potash, a key component in fertilizers, will rebound briskly in 2010, forecasts Bill Doyle, CEO of Saskatchewan-based Potash Corp., speaking this week at a RBC Capital Markets’ global mining and materials conference. For full story, click here
The hullabaloo around Rio Tinto’s abandonment of its posed near-USD 20bn capital injection from smaller rival Chinalco replaced by the announcement of a general rights issue to raise the equivalent of USD 15.2bn, and agreeing a monster joint venture with BHP Billiton over the two companies’ West Australian iron ore assets, has sidelined the potential [...]
Pinetree Capital Ltd. declared that on May 14, 2009, it acquired ownership of 2,000,000 Class A subordinate voting common shares and 2,000,000 Class A subordinate voting common share purchase warrants of RJK Explorations Ltd. For full story, click here
The former U.S. Potash Company that helped put Carlsbad on the road to becoming the potash capital of the world is being torn down. The land will be returned to its natural vegetative state after the clean-up. For full story, click here
Potash Corp. of Saskatchewan Inc. surged in Toronto trading after RBC Capital Markets announced that the company would be a good strategic fit for BHP Billiton Ltd. For full story, click here
The company announced that it has completed an oversubscribed, non-brokered private placement of flow-through shares of 8,300,000 at $1.25 per share for net proceeds of $10,375,000, as previously reported on October 22, 2008. For full story, click here
Potash One Inc. said that it has completed an oversubscribed, non-brokered pvt placement of flow-through shares of 8,300,000 at $1.25 per share for net proceeds of $10,375,000. For full story, click here
By Daniella D’Alimonte – Exclusive to Potash Investing News Brokerages UBS and Scotia Capital have both recently cut their price targets on fertilizer giants Potash Corp. of Saskatchewan (TSX: POT) and Agrium Inc. (TSX: AGU). These cuts are based on the reduced price tags on potash, diammonium phosphate, and urea fertilizers. USB cut its price [...]
By Daniella D’Alimonte – Exclusive to Potash Investing News The S&P/TSX experienced its fourth day of bad trading September 5 after the benchmark index lost 957 points since the previous week. “This isn’t just a resource story any more,” said Anthony Demarin, president of BCV Asset Management in Winnipeg in an interview with Globe and [...]
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