'We love price', says Potash Corp COO

Demand for potash will likely grow by more than 36%, or 15-million tons yearly, over the next decade, Potash Corp COO David Delaney said on Wednesday. And while cautious buying since November last year caused producers including the world’s...

Potash prices could beat $650/t by end 2012

As the supply-demand equation for potash continues to tighten, prices will continue to climb, analysts said on Tuesday, with one predicting they may even top $650/t by the end of next year. “The average spot price of potash should climb to at...

Potash prices to flourish further this year, says Scotiabank's Mohr

Spot potash prices at the Port of Vancouver climbed to $490/t in July and another $30/t to $40/t increase is likely before autumn in the Northern Hemisphere, Scotiabank said on Wednesday. “With strong demand in most of Asia and Latin America,...

Prosperity mine, Canada

A gold and copper mine, situated in Canada

BHP in talks with US port on potash exports

BHP Billiton, the world's biggest mining company, has started discussions with the Port of Vancouver USA, in Washington state, about potentially setting up a potash export facility, the port said on Friday. The port and BHP Billiton have reached...

Teck could produce as much as 25Mt of coal in 2010

Vancouver-based Teck Resources expects to produce between 23,5-million and 25-million tons of coal next year, and plans to boost output further in 2011 and 2012. For 2009, the company expects to produce 20-million tons and will sell between...