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 crop [...]
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 through [...]
By Daniella D’Alimonte – Exclusive to Potash Investing News
The Potash Corporation of Saskatchewan (TSX: POT) has been fairly unpredictable for the past two weeks. It has ranged anywhere between US$164.80 to US$143.40 per share. Closing on the weekend, it seems to be on its way back up.
The company believes it is heading into a potash shortage [...]
Wednesday, April 22, 2009