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 [...]
By Leia Michele Toovey- Exclusive to Potash Investing News Potash producers are confident that the bottom has been hit; and 2010 will be a year of gradual improvement. Potash prices more than halved in 2009 as the effects of the recession rippled through the agriculture industry. Grain and food prices collapsed, and farmers in developing [...]
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 [...]
By Leia Michele Toovey- Exclusive to Potash Investing News Potash Corp shares rose 3 per cent to $85.99 on the Toronto Stock Exchange on Thursday after the company said it earned more in the third quarter than it did in all of 2007, its record year. Profits climbed five-fold to $1.24 billion, or $3.93 per [...]
By Daniella D’Alimonte – Exclusive to Potash Investing News The S&P/TSX experienced its fourth day of bad trading September 5 after the benchmark index lost 957 points since the previous week. “This isn’t just a resource story any more,” said Anthony Demarin, president of BCV Asset Management in Winnipeg in an interview with Globe and [...]
By Daniella D’Alimonte – Exclusive to Potash Investing News Potash Corp. of Saskatchewan Inc. (TSX: POT) felt the effects of a downward commodities slide as it dropped another 1.9 per cent July 18 lowering its price to US$211.16 per share. However, analysts are very bullish about this venture. The company announced plans to increase capacity [...]
Sunday, January 17, 2010