Mining News: POTASH

China Needn’t Fear BHP Buying Potash, Exec Says

Investors are keen for signs of whether China fears a BHP Billiton takeover of Potash Corp. of Saskatchewan enough to try to disrupt it. One industry executive says Beijing need not worry. Richard Poulden is deputy chairman of Sirius Exploration, a small

BHP gains as Chinese firms look set for Potash bid

SYDNEY (MarketWatch) -- BHP Billiton shares /quotes/comstock/23s!a:blt (UK:BLT 1,936, +35.00, +1.84%) /quotes/comstock/22x!e:bhp (AU:BHP 38.34, +0.01, +0.03%) /quotes/comstock/13*!bhp/quotes/nls/bhp (BHP 70.80, +0.60, +0.85%) shares rose 1.3% Monday in

BREAKFAST DEALS: BHP's Potash boost

Send your tips to deals@businessspectator.com.au and don’t forget to watch Deals TV for new rumours and reports later on this morning. Plus, you can follow us at www.twitter.com/WheelsDeals BHP Billiton's prospects have improved in it's bid for

China's Route to Potash Needn't Go Through BHP

Signs that China plans to do battle with BHP Billiton Ltd. for Canada's Potash Corp. are mounting. The wisdom of doing so, however, looks questionable. Last week, Leo de Bever, chief executive of Canadian public-asset manager Alberta Investment

View From Hong Kong: China's Route to Potash Needn't Go Through BHP

Signs that China plans to do battle with BHP Billiton Ltd. for Canada's Potash Corp. are mounting. The wisdom of doing so, however, looks questionable. Last week, Leo de Bever, chief executive of Canadian public-asset manager Alberta Investment

Chinese firms to march on BHP's Potash deal

Chinese officials have ordered state-owned companies to meet with investment bankers to explore options to scupper BHP Billiton's £25bn bid for Canadian fertiliser giant Potash Corporation

China rival looks to hijack BHP Billiton's Potash bid

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China orders state firms to explore Potash bid

HONG KONG/MELBOURNE: Chinese officials have ordered state-owned companies to meet with investment bankers to explore potential options to block BHP Billiton’s $39 billion bid for Canada’s Potash Corp., according to a source with direct knowledge of

Kloppers ups ante in BHP's Potash battle

BHP Billiton is on a charm offensive in the US as shareholders continue to turn their noses up at its £25bn hostile bid for Canadian fertiliser firm Potash Corporation. BHP: The mining giant made its move last month WANT TO KNOW MORE? FTSE LATEST TALK

China tells state firms to explore Potash bid - source

Chinese officials have ordered state companies to meet investment bankers to explore ways to block BHP Billiton's $39 billion bid for Potash Corp, a source with direct knowledge of the matter said. In response to the directive, Sinochem is holding

China Eyes Deal to Block BHP's Bid for PotashCorp

| Ian Young Sinochem (Beijing) is in discussions with banks including Citigroup, HSBC, and Morgan Stanley to explore possible plans to block BHP Billiton's (Melbourne) $38.6-billion hostile bid for Potash Corp. of Saskatchewan (PotashCorp), reports say.

WRAPUP 3-China tells state firms to explore Potash bid-source

Reuters - 27 minutes ago * Officials directed state firms to talk to banks -source * Sinochem-CIC tie-up one option under discussion -source * Blocking stake, rather than buyout, most likely strategy HONG KONG/MELBOURNE, Sept 3 - Chinese officials have

China tells state firms to explore Potash bid: source (Reuters)

HONG KONG/MELBOURNE (Reuters) Chinese officials have ordered state companies to meet investment bankers to explore ways to block BHP Billiton's $39 billion bid for Potash Corp, a source with direct knowledge of the matter said. In response to the

China orders state firms to explore Potash bid (Reuters)

HONG KONG/MELBOURNE (Reuters) Chinese officials have ordered state-owned companies to meet with investment bankers to explore potential options to block BHP Billiton's $39 billion bid for Canada's Potash Corp, according to a source with direct knowledge

China jumps as BHP stirs the potash

EXCITED: BHP Billiton chief Marius Kloppers. PUT your hand up if you’d heard of “potash” before BHP Billiton launched its takeover play for the wonderfully named Potash Corporation of Saskatchewan in mid-August. OK, now keep it up if you know what

China approached Canadian fund on rival Potash bid

MELBOURNE/TORONTO (Reuters) - Chinese and other investors have approached at least one big Canadian pension manager about a bid for Canada's Potash Corp to rival BHP Billiton's $39 billion hostile offer. The disclosure by Alberta Investment Management

China approaches at least one Canadian pension manager on Potash bid

Chinese and other investors approached Alberta Investment Management Corp about a possible bid for Potash Corp, the public sector pension fund manager reported

Saskatchewan considering potash royalty system change

The Premier for the Western Canadian province said in an interview that in the longer term some royalty changes could be possible, to take the bias away from prices and more toward volumes

China steps up efforts to derail BHP bid for Potash

Chinese and other investors have approached at least one big Canadian pension manager about a bid for Canada's Potash Corp to rival BHP Billiton's $US39 billion ($43 billion) hostile offer. The disclosure by Alberta Investment Management Corp, which

BHP Pledge on Potash Jobs Would Get Deal Approved, Lawyers Say

BHP Billiton Ltd. would get Canadian approval for its $40 billion hostile bid for Potash Corp. of Saskatchewan Inc. by pledging to preserve head-office jobs and support a fertilizer-marketing company, said lawyers specializing in foreign investment and a

Could China Add Potash to Its Commodities Hoard

We haven't heard much from BHP Billiton (NYSE: BHP) Once that move was made, analysts began speculating about companies that might cough up competing offers. But the most frequently mentioned names, Rio Tinto (NYSE: RTP) From there the speculation has

Saskatchewan commissions review on Potash Corp, mulls options

TORONTO (miningweekly.com) - The government of Saskatchewan has hired the Conference Board of Canada for an independent analysis of a proposed takeover of Potash Corporation of Saskatchewan, as it mulls the implications of a $40-billion hostile offer for

MagIndustries says gets nod for Mengo potash project

MagIndustries Corp said it has received confirmation from the that the country's National Assembly and the Senate have ratified the Canadian company's proposed Mengo potash project. The company said it has received verbal communication from Congo

Saskatchewan commissions review on Potash Corp

TORONTO (miningweekly.com) – The government of Saskatchewan has hired the Conference Board of Canada for an independent analysis of a proposed takeover of Potash Corporation of Saskatchewan, Energy and Resources Minister Bill Boyd said on

BHP eyes blockbuster energy deal: report

BHP Billiton Ltd is reportedly actively working on a major oil and gas buy, which industry sources suggest could be Anadarko Petroleum Corporation. BHP, which recently launched a hostile $44 billion bid for Potash Corp, had explored a joint $45 billion

BHP’s Potash Bid may have to Overcome Chinese Resistance

Feature Articles, Potash Articles Share China, a country keen on ensuring it has the raw materials necessary to sustain its voracious appetite for growth, has cried foul play over BHP Billiton’s (NYSE: BHP) bid for Potash Corporation of Saskatchewan

Potash vs. BHP: The Fertilizer War From A to Z

(TheStreet) -- BHP Billiton's (NYSE: BHP ) hostile pursuit of Potash Corp. (NYSE: POT ) has as many moving parts as a cuckoo clock. There are other clichés available for use. The BHP-Potash drama will likely have as many chapters as a Russian novel.

BHP's Potash Bid May Have To Overcome Chinese Resistance

NYSE: BHP) bid for Potash Corporation of Saskatchewan (NYSE:POT). China is concerned that if a bid by BHP for Potash Corp were to go through, its future supplies of potash, which is has a great need- will be affected by a so called ?potash monopoly.?

China digs for ways to stymie BHP's Potash Corp bid

(Reuters) - China is stepping up attempts to hamper BHP Billiton's $39 billion hostile offer for Potash Corp, amid worries about future supplies of fertilizer it needs to rapidly boost food production. China's state-run Sinochem has hired HSBC to advise

BREAKINGVIEWS-Sinochem could struggle to frustrate Potash

-- The author is a Reuters Breakingviews columnist. The opinions expressed are her own -- By Una Galani and Wei Gu LONDON, Sept 2 - Sinochem could struggle to make a move on Potash Corp of Saskatchewan. Intervening in the battle for control of the

China is set to probe BHP’s bid for Potash Corp

CHINA plans to launch an antimonopoly probe into BHP Billiton’s $39bn (£25.2bn) bid for Canada’s Potash Corp. The probe is another indicator that China, as the world’s biggest importer of fertiliser, is wary of further concentration in the market,

Investors put $155 per share cap on BHP's Potash Corp bid

According to a Reuters poll of 26 BHP shareholders, on average they felt that any offer above $155 would make the deal "prohibitively expensive".

China steps up pressure on BHP's Potash bid

MELBOURNE/HONG KONG - China is stepping up attempts to hamper BHP Billiton's $43 billion hostile offer for Potash Corp, amid worries about future supplies of fertiliser it needs to rapidly boost food production. China's state-run Sinochem has hired HSBC

MELBOURNE/HONG KONG (Reuters) - China is stepping up attempts to hamper BHP Billiton's $39 billion (25 billion pound) hostile offer for Potash Corp, amid worries about future supplies of fertiliser it needs to rapidly boost food production.

By Sonali Paul and Joseph Chaney China's state-run Sinochem has hired HSBC to advise it on its options regarding Potash Corp, the world's largest fertiliser maker, the Wall Street Journal reported in a blog on Wednesday. Citing a person familiar with the

China threatens to launch inquiry into BHP's £26bn PotashCorp bid

Chinese regulators are considering an investigation into BHP Billiton's proposed $40bn (�26bn) takeover of Potash Corporation of Saskatchewan. According to local media reports, the Chinese monopolies watchdog is weighing up inquiries into both BHP's

Potash M&A mania: Allana Potash in Ethiopia is ‘in play’

By Marc Davis, www.BNWnews.ca: The recent headline-grabbing $39 billion bid by the world’s largest mining company for the planet’s top potash producer appears to be spurring potash-hungry Chinese investment funds into action. On the heels of BHP Billiton’s unsuccessful initial takeover offer for Potash Corp of Saskatchewan last month, China Mining United Fund has announced [...]

Sask. weighs in on Potash Corp. deal

Potash Corp. POT-T best hope for a rival offer to BHP Billiton BHP-N $38.6-billion (U.S) takeover bid faces a potential obstacle in the provincial government, which says its worried that a state-controlled buyer would drive down the value of its coveted

BHP alters Potash Corp offer (The West Australian)

BHP Billiton says it has revised its offer to take over Canadian fertiliser producer Potash Corporation of Saskatchewan, although the changes are not material. BHP Billiton said in a statement late yesterday that an amendment to its offer "reflect the

'Slightly amended': BHP changes Potash offer

BHP Billiton says it has revised its offer to take over Canadian fertiliser producer Potash Corporation of Saskatchewan, although the changes are not material.BHP Billiton said in a statement late on Wednesday that an amendment to its offer "reflect the

Canada. BHP cold-calling customers: Potash

Potash Corp. of Saskatchewan Inc. says BHP Billiton Ltd. has been cold-calling some of its customers in a bid to "undermine" the world's biggest fertilizer maker as part of a $39-billion U.S. hostile takeover bid. "We can only assume that BHP Billiton's

BHP amends Potash offer

BHP Billiton says it has revised its offer to take over Canadian fertiliser producer Potash Corporation of Saskatchewan, although the changes are not material. BHP Billiton said in a statement late on Wednesday that an amendment to its offer "reflect the

China may probe BHP's bid for Potash: report

China may launch an antimonopoly probe into BHP Billiton's $39 billion bid for Canada's Potash Corp, the China Business News said on Wednesday, citing a source familiar with the matter. China will also review the merger of two Russian potash firms --

China may probe BHP's bid for Potash - paper

BEIJING (Reuters) - China may launch an antimonopoly probe into BHP Billiton's $39 billion bid for Canada's Potash Corp , the China Business News said on Wednesday, citing a source familiar with the matter.

China may probe BHP takeover of Potash

CHINA may launch an anti-monopoly probe into BHP Billiton's US$39 billion bid for Canada's Potash Corp, the China Business News said yesterday, citing a source familiar with the matter. China will also review the merger of two Russian potash firms -

China to probe BHP's Potash bid

China may launch an anti-monopoly enquiry into BHP's 39 billion U.S dollar bid for Canada's Potash, said a Chinese newspaper report.

BHP Billiton's bid for Potash Corp sheds new light on Sirius Exploration

The bid by BHP Billiton (LON:BLT) for Potash Corp, the Canadian mining company has made investors aware of what gardeners have known for ages, that Potash fertilizer makes food crops grow. Potash, chemical name potassium carbonate, has wide applications

Potash accuses suitor BHP of unethical tactics

BHP have been raising questions about Potash Corp's ability to do business and sowing doubt about their performance. The world's largest fertiliser maker, Potash Corp, has accused hostile suitor BHP Billiton of sowing "seeds of doubt and confusion" about

UPDATE 2-China may probe BHP's bid for Potash -paper

* China weighs countermeasures on two big potash deals -report

China Ministry: Unaware Of Antimonopoly Probe On BHP,...

Ministry: Unaware Of Antimonopoly Probe On BHP, Potash 01/09/201015:53:04 China Ministry: Unaware Of Antimonopoly Probe On BHP, Potash Date : 09/01/2010 @ 3:51PM Source : Dow Jones Stock : BHP Billiton PLC ADS (BBL) : 55.9 0.25 (0.45%) @ 5:30AM China

DEALTALK-BHP plays it cool on $39 bln Potash bid

This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to colleagues, clients or customers, use the Reprints tool at the top of any article or visit: www.reutersreprints.com. * Bankers hunting for