Mining vs AI: What’s wrong with this picture?
As the saying from mid-19th century California goes, during a gold rush the easiest way to get rich is selling shovels and picks.
On November 14 Potash Corp of Saskatchewan issued the following statement in response to the announcement by BHP Billiton that it has withdrawn its unsolicited tender offer to acquire PotashCorp: “BHP Billiton’s decision to withdraw its offer underscores the PotashCorp Board of Directors’ unanimous belief that the offer substantially undervalued PotashCorp and failed to reflect both the value of our premier position in a strategically vital industry and our future growth prospects.” Read more
