Potash – 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.
Articles Tagged "potash mine"
Potash – Reuters reports that shareholders of Potash Corp. of Saskatchewan Inc. need complete information about BHP Billiton Ltd.’s plans.
Molybdenum producers have had a busy week, with multiple mergers and new mining operations announced as demand rises.
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.
Potash Investing News reports potash prices on the low side. International Potash Co, the marketing arm of Russia’s biggest producer, OAO Silvinit, agreed last week to supply India with 850,000 tonnes, by March 10. This benchmark low price is about 26 per cent below a previous low, and other major consumers including China will likely [...]
Potash Investing News reports production cutbacks for potash due to slow demand and high inventories. Despite low demand, potash prices are anticipated to slowly increase over the coming months as energy markets rebound. ”The ag sector as a whole does seem to be a bit in recovery mode…I would expect fertilizer usage to rise a [...]
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 inventories being higher than an average of the last five years. This data has prompted Potash Corp of Saskatchewan (TSX: POT), the world’s largest fertilizer producer, to further curtail potash production. The company said it plans to reduce 2009 potash output by an additional 1.5 million tonnes, bringing the total expected curtailments [...]
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 the reduction in potash prices with the current global market crisis. USB cut its price on Potash Corp. to US$152 from US$260, while Scotia lowered its price to US$127 from US$200. Both dropped their price on Agrium to US$68 from US$114 and US$96, respectively. For complete story, click this link. Follow [...]