Bloomberg reported that K+S, Europe's biggest potash producer, is willing to stake its credit ratings on funding a new mine because it believes that potash prices will be rebounding back to $400 per ton.
Articles Tagged "k+s"
Reuters reported that three workers are dead at a German potash mine operated by K+S after a controlled explosion triggered a blowout of CO2. The company may have to close the mine for day, even weeks to fan the gas out of the mine and complete investigations.
Bloomberg reported that K+S stock price tumbled on Thursday, pulling the mining index on the Stoxx 600 down.
The Star Phoenix reported that K+S Potash still has an eye on production on at its Legacy mine for 2017, despite an overshoot in costs.
Agrimoney reported that both K+S and PotashCorp have reported a marked increase in global demand.
Bloomberg reported that K+S has delayed the construction of a new plant in Saskatchewan by about six months, due to an overshoot in the budget by 26 percent.
Bloomberg reported that K+S has named Andreas Radmacher to manage their potash and magnesium operations.
Reuters reported that German potash and salt miner K+S reduced their 2012 forecast, blaming lower potash prices.
Winnipeg Free Press reported that K+S (ETR:SDF) has begun construction on a new potash mine in Saskatchewan.
Bloomberg reported that K+S (FRA:SDF1) is selling its nitrogen fertilizer distribution unit to OAO EuroChem.