North American Potash Sales Surge 61 Percent in May
Potash – AG Professional reported that North American potash sales jumped in May, putting a dent in stockpiles.
Articles Tagged "potash market news"
BHP’s Arrival in Potash Market Threatens BPC, Canpotex Control
Potash – Reuters reported that the possible entry of BHP into the potash market could threaten the existing duoply currently held by Belarus Potash Company and Canpotex, who together control about 70 percent of the market.
North American Mine Level Potash Inventories Fall by 5.8 Percent in April
Potash – AG Professional reported that North American potash miner's inventories fell by 5.8 percent in April, as production was scaled back .
MOD Feels Concerns Addressed Over Sirius Minerals Potash Mine
Potash – BBC News reported that the Ministry of Defence in the U.K. will withdraw its objections to Sirius Minerals' potash mine near RAF Fylingdales radar base, which they had voiced on concerns that sensitive equipment at the base might be damaged by ground vibrations
CP Beefing up Resources for Heavier Trains After Series of Accidents
Potash – The Financial Post reported that CP is scrambling to contain an oil leak when one of their trains derailed in Saskatchewan, after a similar incident over the weekend. As quoted in the market report:
Proxy Battles to Become More Commonplace in Mining: Norton Rose
Potash – Mining Weekly reported that last month's shareholder meeting in which Jana Partners expected to be voted to the board of Agrium, but instead got swept out of the vote altogether bring to light the emergence of likely proxy battles for mining companies in the current environment.
Economists Fear Over-Investment in Potash Industry
Potash – The Leader Post reported that some economists fear that the robust potash industry in Canada is leading to over-investment.
50 Ducks Saved from Mosaic Tailings Ponds
Potash – Global News reported that about 50 ducks were saved and several died after landing in a Mosaic Co. (NYSE:MOS) tailings pond in Saskatchewan.
International Lithium Corp in Discussions for Third Party Option Agreement for Mariana Project
Potash – International Lithium Corp. (TSXV:ILC) announced that they are considering letting a third party enter into an option agreement on the Mariana project in Argentina.
Indian Government Cutting Potash Subsides, Pulling Back on Potash Imports
Potash – Reuters reported that, in an effort to curb a ballooning deficit, the Indian government is cutting subsidies on potash-based fertilisers and is scaling back on potash imports. As quoted in the market report:
