MINING.COM

Q4 sales volumes at PotashCorp drop by one-third

PotashCorp (NYSE:POT), the world's largest producer of potash, announced higher Q4 earnings on Wednesday but also a sharp decline in demand.

Michael Allan McCrae | January 27, 2012 | 4:08 pm

Dr Caterpillar’s (excellent) prognosis for mining

With revenues of $60 billion last year and operations at the ends of the earth, few companies are in a better position to take the pulse of the global economy and the resource sector than Caterpillar. But what is it saying about the outlook for 2012?

Frik Els | January 26, 2012 | 7:01 pm

Marifil Mines spikes 18% after picking up Argentine potash property

Stock in Marifil Mines (CVE:MFM) shot up 17.9% Monday after the Vancouver company announced it is acquiring the Filo Morado potash property in Argentina.

Andrew Topf | January 24, 2012 | 7:11 am

New report says potash could come off the boil

A new report by DRBS, a rating agency, warns of increasing volatility in the potash sector with a possible softening of prices, mostly due to supply factors.

Andrew Topf | January 17, 2012 | 9:58 pm

BHP won’t sell Jansen mine potash through Canpotex

BHP Billiton, which is developing the huge Jansen potash mine is Saskatchewan, says it will sell its potash independently and not through the Canadian potash marketing agency Canpotex.

Andrew Topf | January 13, 2012 | 9:06 pm

Canadian first nation sues for $10 billion over potash and oil properties

The George Gordon First Nation is seeking $10 billion from the provincial and Canadian governments over potash and oil properties the Saskatchewan first nation says it is owed.

Andrew Topf | January 11, 2012 | 11:00 pm

India takes another stab at buying into Belaruskali, won’t talk contracts with other producers until July

Indian officials will visit Belarus later this month to restart negotiations to buy a stake in the ex-Soviet country's state-owned potash producer after suspending contract talks with Canadian and other producers until July.

Frik Els | January 10, 2012 | 7:12 pm

Potash prices headed north

After witnessing a 150 per cent rise in prices since the nutrient-based subsidy (NBS) scheme was introduced in April 2010, potash fertilisers might turn dearer again in the coming days, even as the industry has said it may not raise prices for at least three months.

Business Standard | January 8, 2012 | 8:27 pm

Potash producer Mosaic reports better than expected results

Fertilizer producer Mosaic Co. (NYSE:MOS) stocks were up US$2.50 this morning, after the company reported higher-than-expected quarterly profit as better prices helped offset a plunge in phosphate sales and flat potash volumes.

Cecilia Jamasmie | January 5, 2012 | 3:35 pm

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