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"
Friday, April 10, 2009
PCS Phosphate, a division of Potash Corp. of Saskatchewan in Aurora reported that, due to continued permit delays, the Aurora facility’s mining operations will idle one of its excavators and eliminate several jobs. Steve Beckel, general manager of the Beaufort County facility, stated: Our mining operations are quickly approaching the end of our existing permit [...]
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Thursday, April 2, 2009
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 [...]
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Monday, March 16, 2009
Saskatchewan’s economy is dwindling significantly from last year’s robust, nation-leading 3.4-per-cent growth to mild, but is still nation-leading, 0.9 per cent in 2009. This is because potash companies are laying off miners by the thousands and shutting down operations but the process is only temporarily and will last long as needed to prop up potash [...]
Continue reading "Smooth landing is in Saskatchewan’s future"
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 [...]
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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"
Wednesday, December 24, 2008
The Mosaic Company said that Joc O’Rourke will join Mosaic as a senior executive responsible for its global mining and chemical processing operations. Joc will join the company in early January 2009 and will serve on its Senior Leadership Team. For full story, click here
For upcoming potash investing trade shows, see the following links: Cambridgehouse, IIC, Chicago Resource Expo
PotashInvestingNews.com maintains a focus on Potash exploration and investment opportunities. For broader Natural Resource Investing, see ResourceInvestingNews.com.
The Potash Investing Glossary: This glossary covers investing in junior resource companies. For the experienced investor or the newbie, you should find everything you need here. If not, let us know and we’ll research and add what you’re looking for.
Wednesday, April 22, 2009