Tag Archive | "mining"

Potash to Benefit Long-Term from World Food Shortage

Wednesday, May 12, 2010

The underlying structure of the potash market is changing to reflect the new world economy, but one thing will stay the same; people need to eat. The long-term fundamentals of the potash market are supported by increasing populations around the world, and decreasing arable land.

Downgrades Hit Potash Market

Wednesday, April 14, 2010

Potash companies were hoping that the spring planting season would breathe new life into the market, unfortunately, according to Goldman Sachs that will not be the case.

Demand Rebound Sparks Potash Price Hike

Thursday, February 4, 2010

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 [...]

Stockpiles weighing on Potash Prices

Sunday, January 17, 2010

By Leia Michele Toovey-Exclusive to Potash Investing News North American potash producers believe the potash market is due for a rebound after a dismal 2009, but analysts claim that potash prices will be sluggish to rebound in 2010. Last month, Belarusian Potash Company reached a deal to sell about one million tonnes of potash to [...]

Western Potash Hits Again, Expands Program

Thursday, July 23, 2009

Western Potash (CVE:WPX) reported today that their fourth well has intersected 25 meters of potash, indicating continued mineralization from previous results.  In addition, temperature readings in the wells also continue to indicate solution mining would be economic for the project. The release states: The Company re-iterates that it considers formation temperature a key parameter in [...]

Allana Potash – Developing a World-Class Potash Project in Ethiopia

Wednesday, April 15, 2009

Allana is a publicly traded corporation with a focus on the acquisition and development of potash assets internationally with its major focus on a previously explored potash property in Ethiopia. Allana controls 160 km² of the Danakhil Depression at Dallol, the site of extensive historic potash exploration.

Mining group unhappy with state agencies

Friday, February 13, 2009

Legislators from across the state, including Representative Lee Alcon, Senator David Ulibarri, Cibola County Commissioner Eddie Michael, mining company representatives and Lieutenant Governor Diane Denish attended the annual New Mexico Mining Association Dinner on Feb. 10 at Santa Fe’s well-known Hilton Hotel. For full story, click here

Mining to be welcomed in North Dakota

Wednesday, February 11, 2009

Potash mining likely would be welcomed in northwestern North Dakota. For full story, click here  

Potash prices at record high

Thursday, February 5, 2009

By Leia Michele Toovey- Exclusive to Potash Investing News Potash prices have soared in recent years. What was once a commodity worth about $200 a tonne is now expected to fetch $1,500 by 2020. According to Scotiabank economist Patricia Mohr potash purchasers are currently paying US$872.50 per tonne at the port of Vancouver. “It is at a [...]

Usmanov says Russia mining merger doubtful

Thursday, January 29, 2009

A six-company Russian mining merger proposed by Norilsk Nickel’s top shareholders is unlikely to succeed due to the huge debts involved, metals tycoon Alisher Usmanov said in interviews published recently. Usmanov said: Our concept implies a merger of two companies with an absolutely reasonable debt volume which could be converted into a state stake (in [...]

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