Potash price surge could lead to higher food costs for billions

Brazilian giant miner Vale (NYSE: VALE) is about to close a $500 million loan agreement with the Inter-American Development Bank (IADB) for its Rio Colorado potash project in Mendoza, Argentina.

It would also be sweet revenge for the Anglo-Australian miner to put up shop in Potash Corp's backyard after being so summarily dismissed two years ago.

Twenty miners are trapped underground due to a fire at PotashCorp’s Rocanville mine in the Canadian province of Saskatchewan, about 230 kilometres east of Regina

Sberbank of Russia will take part in a project to mine a potash deposit in Belarus, as the financial institution confirmed Tuesday the refinancing of the $1 billion loan issued to the Belarusian company Belaruskali, responsible for one-third of the world’s production of the fertilizer.

Verde Potash (TSX.V:NPK) is set to receive a major boost from measures unveiled by the Brazilian government to expand its domestic fertilizer […]

The class-action dates back to 2008 and accuses seven companies of engaging in a global conspiracy to raise the price of potash.

Diversified miner Xstrata (LON:XTA) and commodities trader Glencore International (LON:GLEN) have now until October 1 to decided on the $36 billion lauded merger.

North American potash selling consortium, Canpotex, will be shipping larger amounts of the fertilizer to Indonesia after the five-year potash supply deal signed Tuesday between the offshore selling agency and Southeast Asian buyers.

Potash Corporation of Saskatchewan Inc. (NYSE:POT) announced on Thursday that it was increasing the the company's quarterly cash dividend from 14 cents per share to 21 cents per share.