Uralkali to halve potash production in Nov and Dec this year
Even the previously high flying potash sector is suffering as Russia’s Uralkali cuts output which will cost it $650 million in lost revenues, while outlook for 2009 production is unclear.
Mining news: POTASH
Winnipeg airport stockpiles de-icing fluid
A strike at the Potash Corporation in Saskatchewan means a shortage of de-icing fluid at Canadian airports. Potassium acetate is a key ingredient in runway de-icer fluid, and production has been limited due to a
PotashCorp Workers Ratify New Three-Year Labor Contract
WINNIPEG (Dow Jones)–Members of the union representing nearly striking PotashCorp. employees voted Thursday to ratify a new three-year deal, Potash Corp. of Saskatchean Inc. (POT) said Friday. The ratification brings an end to a strike that began Aug. 7
Athabasca Potash Inc. Announces Third Quarter Results
SASKATOON, Nov. 14 /CNW/ - Athabasca Potash Inc. (”Athabasca” or the
“Company”) announces that it has filed the unaudited results of Athabasca’s
operations for the quarter ended September 30, 2008 and may be viewed at
Potash Corp. workers approve deal
Following three months on the picket line that ended last week, workers at the Potash Corporation of Saskatchewan have approved a new three-year contract. On Thursday night, members of the United Steelworkers union voted 78 per cent in favour of a
Saskatchewan, Manitoba to weather economic storm: Conference Board
threatens crude demand. Manitoba and Saskatchewan will benefit from strong prices for grains and other commodities, such as potash, the Conference Board said. By virtue of its extensive oil and gas operations, Alberta is exposed more than its two Prairie
Sask. to weather downturn with $3B in extra revenues, says government
by $2.7 billion are also still on the books. Thanks in large part to unprecedented oil, gas, potash and uranium revenues, the province expects to end the 2008-09 fiscal year with a $2.3-billion surplus. Project revenues are about $200-million less than
Potash Corporation of Saskatchewan Inc. Declares Quarterly Dividend
Listed: TSX, NYSE Symbol: POT
SASKATOON, Nov. 11 /CNW/ - Potash Corporation of Saskatchewan Inc.
German potash and salt miner K+S profit up sharply on high potash price
K+S Q3 operating profit up sixfold at EUR502.2 million and beats analysts estimates, but still tones down 2008 sales outlook.
Potash miner Uralkali’s future at risk from flood probe
Uralkali says its future is at risk if it must pay “enormous” damages for a flood in 2006.
Sask premier greets Toronto woman who is considering moving west
told a business audience during the trip that strong commodities markets and an abundance of natural resources like potash and uranium are boosting Saskatchewan’s economy, and now the province is attracting residents instead of losing them, as has been
Tentative deal could end strike at Potash Corp.
After three months, a strike involving 500 Saskatchewan potash mine workers could soon be over. The Potash Corporation of Saskatchewan said Friday it has reached a tentative deal with the United Steelworkers. A ratification vote has been set for
Rio Tinto Cautiously Pushes On With Argentina Potash Project
By Shane Romig Of DOW JONES NEWSWIRES BUENOS AIRES (Dow Jones)–Facing a host of sticky issues that need to be resolved with the Argentine government, Rio Tinto Plc (RTP) is cautiously pushing forward with a $900 million potash mine project which it
Potash market downturn has Uralkali cutting output
Major Russian potash miner Uralkali is to cut this year’s output by 500,000 tonnes due to what its says are adverse current market conditions.
Rio Seeks Argentina Guarantees for $3.5 Billion Mine
Rio Tinto Group, the world’s third- largest mining company, said it won’t commit to a planned $3.5 billion potash mine in Argentina until the government provides guarantees on energy supplies and taxes. Rio may need to tap alternative energy sources such
Growing global food need helps potash miners more easily weather financial crisis
Despite uncertain global economic conditions, the growing global food need has shown no signs of slowing, generating record profits for Potash Corporation of Saskatchewan.
Potash and fertilizer stocks plunge after Merrill downgrade
Canada’s largest potash miner has seen its stock fall by 55 percent from June peaks which the company describes as an overreaction as the company is making record profits.
Potash Miner K+S looking to expand outside Germany
As local potash reserves dwindle, top potash miner and fertilizer producer K+S is highly likely to look for expansion outside its home country
Potash could be in short supply for next five years – PCS
Speaking at an investor forum in New York, Potash Corp of Saskatchewan CEO says potash demand continues strong as supplies are not keeping up with demand.
NA potash stocks at record lows - RBCCM
RBCCM analysts expect potash prices to remain at elevated levels as warehouse stocks are at record lows.
