By Leia Michele Toovey- Exclusive to Potash Investing News In anticipation that its 2010 potash sales will increase by 50 per cent, Russian based Belarusian Potash Co (BPC) has hiked the price it charges for the nutrient. BPC customers in Brazil and Asia can expect to pay $410 per tonne of standard grade potash, up [...]
Continue reading "Demand Rebound Sparks Potash Price Hike"
Monday, October 5, 2009
Potash One (TSX:KCL) announced today that it has started a feasibility study on the Legacy potash project in Saskatchewan. The study will be completed by SNC-Lavalin Inc. and expected to be completed by mid 2010. Paul F. Matysek, President and CEO of Potash One is quoted as saying: The initiation of our Feasibility Study is [...]
Continue reading "Potash One Initiates Feasibility Study"
Wednesday, April 22, 2009
By Leia Michele Toovey- Exclusive to Potash Investing News Sluggish demand world-wide due to the global financial squeeze has left potash stockpiles at all-time highs as potash miners fail to adequately adjust prices. Farmers, especially those finding it hard to get bank financing, may not be buying as much costly fertilizer as they face lower [...]
Continue reading "Potash stockpiles at record high"
Monday, February 23, 2009
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 [...]
Continue reading "China’s drought may catapult potash demand"
Friday, February 6, 2009
As councils across the UK run short of gritting material to use on snow-hit roads, Cleveland Potash in Saltburn, is spending more time producing salt. For full story, click here
Continue reading "Mine helps tackle salt shortage"
Thursday, January 29, 2009
Mr Vladimir Putin PM of Russian says that Russian metals companies should only merge with rivals to enhance competitiveness and not simply to consolidate debt. Mr Putin said: They proposed the government swap debt for 25% of the new company. The state hasn’t decided whether to support the plan. We will take a very balanced [...]
Continue reading "Russian metals merger should to enhance competitiveness"
Thursday, January 22, 2009
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 [...]
Continue reading "Potash’s perfect storm tempered by recession"
Monday, December 1, 2008
Potash Corp. of Saskatchewan has been cited as contravening six health and safety regulations at the Lanigan mine, where 60-year-old Robert Tkach died in September. For full story, click here
Continue reading "PotashCorp cited in man’s death at mine"
Friday, November 28, 2008
By Leia Michele Toovey- Exclusive to Potash Investing News With spring planting around the corner, many potash companies are hoping that sales of the fertilizer component will pick up, after the economic conditions over the winter have sent share values in a tail spin. Top fertilizer producers Agrium Inc (TSX: AGU) and Potash Corp of [...]
Continue reading "Fall’s economy freezes potash shares"
Monday, November 24, 2008
Russian potash miner Uralkali, whose investors fear it faces a state asset grab in a probe of a mine accident, has approached the government to discuss a resolution, putting the ball in the state`s court. For full story, click here
Continue reading "Uralkali calls Russia govt to table over mine probe"
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Thursday, February 4, 2010