Molybdenum producers have had a busy week, with multiple mergers and new mining operations announced as demand rises.
Articles Tagged "potash company"
The industrial metals sector as a whole is expected to improve this year and next as global economic growth improves, although the going will be slow. RBC Capital Markets recently gave its perspective on the short- to medium-term silver market expecting silver’s fundamentals to remain positive as industrial and investment demand increase and outpace new mine supply in 2010.
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. Potash prices spiked at around US$1,000 per tonne in 2008, and producers struggled to keep up with demand. Over in North America, Canpotex, [...]
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. Potash producers are confident that the bottom has been hit; and 2010 will be a year of [...]
Potash Investing News reports BHP’s recent acquisition rumours seem to rock the potash industry. Speculation mounted that the world’s largest miner was preparing for a large acquisition after the company raised more than US $6 billion through the sale of bonds. The company failed to confirm the reason for the fundraising, and this sent many [...]
Potash Investing News reports potash markets have gained with investor confidence in the recent weeks. Potash shares peaked in June as concerns about shrinking world grain stocks boosted demand for fertilizer, and prices for nutrients soared because of supply shortages. The shares upswing was dented when investors lost confidence in global fertilizer demand. Due to [...]
Potash Investing News reports S&P/TSX experienced its fourth day of bad trading after the benchmark index lost 957 points the week before. Potash Corp. of Saskatchewan (TSX: POT) provided the biggest rise in the index with a nearly 12 per cent rise September 5. It is currently around US$172.35 per share, compared to last week’s close of [...]