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Potash
 
POTASH

Can former UraMin team pull it off again with Congo potash? Restricted

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While Elemental Minerals is sitting on what Northern Securities analyst Fadi Benjamin calls “the best potash project in Africa...hands down”, the biggest challenge facing the company is raising the $1.7-billion required to bring its Sintoukola...
23rd February 2012
 
 
POTASH

Curiouser and curiouser at Ethiopian Potash Restricted

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In a strange twist of events, Ethiopian Potash exploration VP Bruce Cumming announced his own resignation this week, through what the TSX-V-listed junior called an “unauthorised press release”. While Ethiopian Potash acknowledged Cumming’s...
15th February 2012
 
 
POTASH

Mosaic joins potash-production cutting party on soft demand Restricted

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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,...
4th February 2012
 
 
POTASH

Doyle undaunted as potash demand dips Restricted

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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...
27th January 2012
 
 
POTASH

Potash Corp Dec quarter profit misses estimates Restricted

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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...
26th January 2012
 
 
POTASH

Potash Corp hikes dividend Restricted

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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...
26th January 2012
 
 
POTASH

Ups and downs for potash juniors Restricted

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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...
11th January 2012
 
 
POTASH

Mosaic CEO strikes cautious note on outlook Restricted

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Fertiliser-maker Mosaic Company said on Wednesday second-quarter profit fell around 37% to $624-million, mainly because year-ago results benefitted from of the sale of its Fosfertil business. Stripping out that $570-million one-time gain, the...
5th January 2012
 
 
 
 
 
 
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