Agricultural commodities are forecasted to suffer from oversupply and weak demand next year as well, which again means less revenue for major players in the
Tag: Saskatchewan
Canpotex as ‘OPEC’ and PotashCorp as ‘Saudi Arabia’ of the Potash Industry
Potash prices have gone down by US$15 per ton to US$282 per ton from US$297 since March this year. In the light of last week’s
K+S Opens More Than 150 Positions Despite Weak Potash Demand
The Canadian branch of Germany’s K+S AG is planning to hire hundreds of workers despite the generally weak potash market situation and the fact that
K+S Confirms Canada’s Legacy Project Is On Time and Within Budget
K+S Potash Canada, a subsidiary of the German giant K+S AG, said that the construction of Saskatchewan’s first greenfield mine in 40 years is within
Potash Corp Permanently Closes a New Brunswick Mine
Canada’s Potash Corporation of Saskatchewan has decided to permanently shut down the older of its two potash-mining operations in New Brunswick as of next month.
Mosaic to Lay Off Scores of Workers as Potash Production Slumbers
Mosaic, the world’s leading producer and marketer of concentrated phosphate and potash, is laying off 46 workers at its Colonsay mine in Saskatchewan. The permanent
Potash Corp’s Bid to Buy Germany’s K+S More Attractive Now
Some analysts think that the €7.85-billion proposal of the Potash Corp. of Saskatchewan Inc.’s to buy its largest European competitor is now more attractive after
A Chinese Company Buys 51 Percent of Western Potash
Western Potash has found an investor that would fund its small project in Saskatchewan. Beijing Tairui Innovation Capital Management Ltd, a Chinese private equity group,
K+S on Track to Start Production in 2016 at its New Saskatchewan Mine
K+S Potash Canada announced on Tuesday (19 May) that it was on track to start production at its $4.1 billion Legacy solution mine in south
Potash to Help Saskatchewan’s Economy Grow despite Slowdown in Energy Sector
Analysts predict that unlike oil production, which is expected to go down by 4 percent this year, potash production and agriculture will support the economy