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. 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
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 [...]
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
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 [...]
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. For full story, click here
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 the 4th quarter 2008. However, the worsening economic conditions slowed [...]
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