Articles Tagged "strike"

Potash strike leaves its effect

Airport delays for travellers this winter could be even more frustrating because of the strange ripple effect of a strike by Potash Corp. of Saskatchewan Inc. miners. For full story, click here

Supply and demand

By Daniella D’Alimonte - Exclusive to Potash Investing News Migao Corporation (TSX: MGO), a China-based company that processes potash into specialty potash-based fertilizers for the Chinese market, recently announced large purchase orders. The company will supply 50,000 tonnes of potassium sulphate to its wholly-owned subsidiary Guangdong Migao. By January 30, 2009, the product will be transported by [...]

Will the demand last?

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 still a contender

By Daniella D’Alimonte With continued high prices, inventory drops and ongoing demand from emerging global markets, despite the speculations of a slowdown in that sense, potash remains a market contender. For the last few days as Europe’s stocks have been on a downward slide, companies involved in fertilizer and potash haven’t seemed to noticed. K+S [...]

Potash Corp. Strike Impacts Industrial Potash Output

Potash Corp. reported that strikes at two Canadian mines have affected output of industrial potash, which accounts for 5 percent of the company’s sales. Company spokesperson Bill Johnson was quoted as saying: All of the company’s industrial, or white, potash is produced at the Cory and Allan mines, two of three operations affected by strikes. For [...]

Labour seeks its pie of the potash boom

The workers who mine and produce Potash want a pie of the windfall profits made by owners of Potadh Corp. due to rising prices of the commodity. Last Thursday, On Aug. 7, five hundred workers went on strike for a “commodity-based bonus.” For more information, click here

The strike continues as share prices fall

By Daniella D’Alimonte – Exclusive to Potash Investing News Potash Corp of Saskatchewan (TSX: POT) has stopped production at its Cory mine because of a strike that started last week.  The strike began after the company’s mediated talks with the United Steelworkers union broke off August 7.  No further talks have been scheduled with the [...]