Russian potash miner Uralkali declared the industry will be among the first to recover after the financial crisis ends, though it declared the market instability will persist in the near-term.
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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.
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MagIndustries Corp., together with its financial advisor BNP Paribas, that substantial progress has been achieved with a group of international project finance institutions for debt financing of its Kouilou Potash Project located in the Republic of Congo.
Bill Burton, President and Chief Executive Officer of MagIndustries, stated:
Mag is pleased with the progress it believes has been [...]
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.
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By Leia Michele Toovey- Exclusive to Potash Investing News
Rumours of BHP Billiton’s interest in acquiring a major potash company just won’t go away, as JP Morgan picked up on the theme on Tuesday. Speculation mounted that the world’s largest miner was preparing for a large acquisition after the company raised more than US $6 billion through [...]
Despite posting a net income loss of more than $530,000 in fiscal 2008, last year was a positive one for Athabasca Potash Inc., the Saskatoon company is reported to have been working towards a greenfield potash project near Burr.
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Elemental Minerals announced its half yearly financial report for year end 2008. The Company has identified and has completed advanced negotiations in respect of a potash project. Significant achievements have been reached in this process and the Board expected the process to be finalised in [...]
Friday, July 3, 2009