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Potash
 
EQUITY FINANCING

Orocobre lowers, completes A$30m placement Restricted

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ASX- and TSX-listed Orocobre on Thursday said it had decided to not allocate shares to Canadian applicants under its A$37-million placement on the ASX, which had reduced the placement to A$30-million. Orocobre explained its action was owing to a...
28th November 2013
 
 
LEGISLATIVE ENVIRONMENT

SA seeks closer Canadian ties as overhaul of mining sector continues Restricted

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The South African government is keen to foster closer ties with Canada’s mining industry and to attract Canadian expertise, two top government officials told audience members at the Canada-Southern Africa Chamber of Business on November 26. The...
27th November 2013
 
 
POTASH

Verde Potash gets ThermoPotash certified globally Restricted

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Brazil-focused potash project developer Verde Potash on Monday announced that IBD Certifications, the largest certifier in Latin America and the only Brazilian certifier of organic products with global credentials had approved its ThermoPotash...
25th November 2013
 
 
CROP NUTRIENTS

Mosaic posts sharply lower Q3 earnings Restricted

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Plymouth, Minnesota-based crop nutrients producer Mosaic Company on Tuesday reported a 70% drop in third-quarter profit as the prevailing cautious market defers buying in expectation of lower prices, following the unexpected July unravelling of...
5th November 2013
 
 
PROJECT FINANCING

Stonegate Agricom announces $60m equipment loan Restricted

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TSX-listed Stonegate Agricom, which is developing the Paris Hills phosphate project in Bear Lake County, Idaho, on Monday announced that it had given financing major Macquarie an exclusive mandate to act as lead arranger for arranging,...
28th October 2013
 
 
POTASH

Potash volumes to increase in 2014, market waiting for price drop Restricted

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Global potash sales had weakened in the past several months as consumers delayed purchases in expectation of lower future prices, US-based potash project developer Prospect Global Resources said on Monday. The Nasdaq-listed company, which at the...
28th October 2013
 
 
M&A

Mosaic buys CF Industries’ phosphate business for $1.2bn Restricted

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US fertiliser producer Mosaic on Monday announced that it had signed a definitive accord to buy CF Industries’ phophate business for $1.2-billion in cash. The company would also pay $200-million to fund CF Industries' asset retirement obligation...
28th October 2013
 
 
POTASH

PotashCorp says market caution to blame for Q3 earnings dip Restricted

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The world’s largest potash and crop nutrient producer, Canada’s Potash Corporation of Saskatchewan (PotashCorp), on Thursday said the unexpected July unravelling of the world's largest potash cartel, the Belarus Potash Company (BPC), had resulted...
24th October 2013
 
 
 
 
 
 
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