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 share, up [...]
Continue reading "Potash gains investor confidence"
Friday, October 17, 2008
By Daniella D’Alimonte – Exclusive to Potash Investing News Potash Corp. of Saskatchewan (TSX: POT), which has been bouncing up and down over the past two weeks, is around $73 going into the weekend. The Washington, D.C.-based Fertilizer Institute reported Thursday that Potash Corp. and other producers within Canada have had a 31 per cent inventory drop. [...]
Continue reading "The workers and the shareholders"
Monday, September 29, 2008
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 rail to [...]
Continue reading "Supply and demand"
Wednesday, August 13, 2008
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 union. The [...]
Continue reading "The strike continues as share prices fall"
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Friday, November 14, 2008