Potash
POTASH
Mosaic joins potash-production cutting party on soft demand
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Potash dealers are holding back from buying the crop nutrient even more than North America’s second-biggest producer, Mosaic Corp, anticipated they would a month ago, prompting the company to idle up to 20% of its capacity up to May.
However,...
By: Matthew Hill
4th February 2012
POTASH
Doyle undaunted as potash demand dips
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Markets for potash might have seized up at the end of last year and into 2012, but demand will likely bounce back equally quickly, Potash Corp CEO Bill Doyle said on Thursday.
“This business turns on a dime,” the head of the world’s biggest...
By: Matthew Hill
27th January 2012
POTASH
Potash Corp Dec quarter profit misses estimates
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A surprisingly swift fourth-quarter slowdown in fertiliser markets ate into Potash Corp earnings for the period which, at $683-million, was 34% higher than for the same period in 2010, but well below analyst expectations.
Potash demand in North...
By: Matthew Hill
26th January 2012
POTASH
Potash Corp hikes dividend
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Potash Corp, the biggest fertiliser-maker, on Wednesday said it is increasing its quarterly dividend by 100% to $0.14 a share, having also doubled the payout a year ago.
CEO Bill Doyle said the increase “reflects the confidence we have in the...
By: Matthew Hill
26th January 2012
POTASH
Canadian Pacific signs 10-year deal with Canpotex
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Canadian Pacific Railway said it signed a 10-year agreement with Canpotex Ltd to transport a large majority of shipments to the potash marketing consortium's main terminal in Vancouver, British Columbia.
CP said terms and conditions of the deal...
By: Reuters
23rd January 2012
POTASH
Potash Corp extends shutdown at Rocanville mine
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Potash Corp of Saskatchewan has extended a planned shutdown at its Rocanville, Saskatchewan, mine for an additional four weeks, the company said on Thursday.
Potash Corp, the world's biggest fertilizer maker, had earlier announced a six-week...
By: Reuters
20th January 2012
POTASH
BHP won't sell potash via Canada's Canpotex: report
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BHP Billiton won't sell potash from its proposed mine at Jansen, Saskatchewan, through the Canpotex marketing agency, a newspaper in the Western Canadian province reported on Friday.
The Anglo-Australian miner is developing what would be the...
By: Reuters
13th January 2012
POTASH
Ups and downs for potash juniors
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Two Canadian potash juniors had differing fortunes on the Toronto bourse Wednesday morning, with Allana Potash plunging 15% after announcing a $20-million private placement the previous day, while Verde Potash gained 5% after more than doubling...
By: Matthew Hill
11th January 2012
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