Potash Corp. of Saskatchewan Inc., the world’s leading fertilizer producer by market value, declared 2009 profit will be less than it previously expected after North American sales of the crop nutrient reached a virtual halt. For full story, click here
Intrepid Potash Inc. declared that NYSE says contacted Intrepid Potash Inc on unusual market activity in company’s stock. For full story, click here
According to PotashCorp CEO Bill Doyle, potash production in Canada has been reduced to match eroding world demand and could be further reduced if markets don’t improve. For full story, click here
Raytec Metals offered corporate updates by reporting that in early 2008, the market for fertilizer products, including potash, was extremely buoyant, and Raytec’s priority was to further the exploration and advancement of the Company’s potash properties. For full story, click here
Speculation is what you have to go on fellow. Potash Corp is currently trading at $83, and it could easily go lower, but traders are betting in the coming month. Potash shares could gain back some market. The 52-week range for Potash Corp runs from $47 all the way to $241. For full story, click [...]
By Leia Michele Toovey- Exclusive to Potash Investing News Potash miners have been accused of collusion; due to the fact that the big market players have formed a “silent agreement” in which they swiftly and jointly cut output to stabilize prices. This strategy has been met with mixed opinions. The companies say they are simply [...]
By Leia Michele Toovey- Exclusive to Potash Investing News It is no mistake that the US led the world into the current economic crisis. The power to lead the world out rests in the hands of the Asian economies, especially China. Chinese demand is a major driving force; it has the ability to push the [...]
No cash consideration will be paid to Downshire in connection with the consulting contract entered into on January 23, 2009 and the previously announced options will be cancelled effective immediately. For full story, click here
Potash may not generate as much excitement as gold or oil, but in an era when market prices for everything pumped, dug or grown have fallen off a cliff, potash values are still hitting record highs. For full story, click here
By Leia Michele Toovey- Exclusive to Potash Investing News In 2007 and 2008, a perfect storm of events led to record high fertilizer prices. The rapidly expanding world economy in these two years led to an increase in worldwide grain production. Expanding grain production increased demand for fertilizer. Record natural gas prices ushered in record high [...]
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