Encanto Potash: A Junior in Saskatchewan’s Potash Industry
In an interview with Potash Investing News, Gary Deathe from Encanto Potash commented on the nuances of the potash industry as a whole, and those that are unique to Saskatchewan.
Articles Tagged "potash miners"
Potash Producers Reaping Record Profits
The Globe and Mail reported that potash companies are enjoying record profits despite a slumping economy.
Junior Potash Stocks Surge as Potash Prices Strengthen
Mineweb reported that higher potash prices are pushing up share values for junior potash miners.
Russian Potash Merger in Hiatus
The merger between Russian potash miners Uralkali (LON:URKA) and Silvinit has been put on hold after an arbitration court in Russia agreed to hear minority shareholder Acron’s complaints.
USDA’s Corn Forecast Boosts Potash Shares
The shares of potash producers rallied Wednesday, following the US Department of Agriculture’s forecast that corn stock would fall to its lowest level since 1996. The news sent grain futures higher, lifting demand for potash and other fertilizers.
Competition Hits Potash Market
Historically, the potash industry has been dominated by a small group of companies. Now, potash miners are facing heightened competition as the potential for profits is attracting mining companies to find and develop potash reserves.
Potash Demand Rises; China to Tax Phosphate Imports
Potash producers are dealing with new market fundamentals, as global markets recover from the recession.
The Aftermath of BHP’s Blocked Bid for Potash Corp.
The market collectively held its breath last week, awaiting the ruling from the Canadian government as to whether or not BHP Billiton’s bid for Potash Corporation of Saskatchewan would be approved.
BHP’s Courting Falls Short in Impressing Canadian Potash Stakeholders
BHP Billiton’s CEO Marius Kloppers came to Canada knowing that he would have to impress the local politicians in order to keep his bid for Potash Corp alive. On Monday, Saskatchewan premier Brad Wall left a meeting with Kloppers saying he didn't see how the buyout would benefit his province or Canada, citing BHP's reluctance to commit to Canpotex.
The Battle over Potash
The fight to hold ownership of Potash Corporation of Saskatchewan is heating up as CEO Bill Doyle announces that several parties have expressed interest in bidding for the global potash giant.
