Sirius Minerals, which is planning to build one of Britain’s biggest mines, is hoping to raise money for the project soon aiming to start construction in
Category: North America
BHP Rumored to Bid for Potash Corp Again
There have been new allegations that BHP Billiton might again be interested in buying Potash Corporation of Saskatchewan, which sent the company’s shares soaring. Shares
Market Update: Global Oil Supply Stabilizes
Yesterday (30 June), oil fell again, pressured by more production in Nigeria and Canada. A Goldman Sachs analyst said that rising Nigerian output would put
Canpotex Discards Plans to Build a New Terminal
Canpotex Ltd., jointly owned by the three biggest potash companies – Potash Corp of Saskatchewan, Mosaic Co and Agrium Inc. – has put its plans
Canada’s Gensource Builds a Potash Mine in Saskatchewan
Gensource Potash Corporation, a Saskatoon-based potash company, intends to expand its operations within the province after purchasing two mining leases that could become a small
Canada’s Potash Producers Still Hoping for Supply Deals with China
Canada’s potash producers are facing a challenging year with important talks with Chinese customers still ahead of them. As potash is not traded on public
Florida Bans the Use of Fertilizers
Florida has banned the use of fertilizer containing phosphorous and nitrogen until the end of September in the counties of Sarasota, Pinellas and Manatee and
PotashCorp May Borrow Money to Pay for Dividend
Although PotashCorp’s CEO Jochen Tilk confirmed recently during an investor conference that there would not be another cut in dividend this year, investors are still
$8 Billion Iowa Fertilizer Merger Cancelled
The sale of a larger fertilizer plant located in southeast Iowa has been called off. The $8 billion deal has been cancelled by both parties
PotashCorp Still Amidst Challenging Market Conditions
The profits of the Canadian potash giant, PotashCorp, plummeted roughly 80 percent between January and March 2016 due to weak fertilizer prices and reduced potash