Potash
POTASH
Potash Corp sprouts 71% Q1 earnings rise
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Number-one fertiliser producer Potash Corp on Thursday reported first-quarter earnings surged 71% from the same time last year to $732-million as demand and prices for its products rose.
Demand for potash, particularly from Latin America and...
By: Matthew Hill
28th April 2011
POTASH
Western Potash hikes resources 40% at Sask project, shares climb
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Western Potash on Tuesday said it boosted the resources at the Milestone property in Saskatchewan by 40% to 64-million tons of measured resources and 880-million tons of indicated and inferred.
“We are very pleased with the results of this...
By: Matthew Hill
26th April 2011
POTASH
Grizzly starts actively hunting for Alberta potash
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Shares in Grizzly Discoveries jumped 36% after the TSX V-listed junior announced it started exploration work at its Alberta potash project.
“We are aggressively pursuing the development of this project given our belief that agricultural...
By: Matthew Hill
25th April 2011
POTASH
Amazon changes name to Verde Potash
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Amazon Mining, a Toronto-based junior, said on Thursday shareholders had given the nod to a name change to Verde Potash.
The change, which the company said it was doing to better reflect its focus on fertilisers, will be effective from Tuesday.
By: Matthew Hill
21st April 2011
POTASH
MagIndustries agrees to C$115m bid from Chinese group
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MagIndustries, which owns potash properties in the Republic of Congo, has agreed to a C$115-million takeover offer from Chinese group Evergreen Industries, it said on Wednesday.The C$0,25 a share bid represented a 64% premium to the stock’s...
By: Matthew Hill
20th April 2011
POTASH
Canpotex to build new maintenance facility
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Canadian potash exporting cartel Canpotex on Tuesday unveiled plans to build a C$55-million railcar maintenance shop in Saskatchewan.
Construction will start in May and be finished by the third quarter of next year, Canpotex said.
By: Matthew Hill
19th April 2011
POTASH
India's potash 'holiday' could be a bluff
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Was India bluffing in its assertions this week that it was taking a “holiday” from potash imports because of high prices, saying it has enough inventories anyway?
Profercy Phosphates & NPKs editor Tom Jago certainly thinks so.
“In the...
By: Matthew Hill
13th April 2011
PHOSPHATES
Higher phosphate prices ahead
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Trouble in North Africa and the Middle East, environmental issues in the US and shrinking exports from China mean there could be a “chronic” shortage of phosphates, used as a crop fertiliser, Profercy Phosphates & NPKs editor Tom Jago said on...
By: Matthew Hill
13th April 2011
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