Wall Street slips, May 2–6
U.S. indexes continued in negative territory amid lower oil prices and a weak jobs report. The Dow Jones Industrial Average slipped nearly 0.2% to 17,740.63, while the S&P 500 Index…
The Mosaic Company
US equities pick up steam, Sept. 28-Oct. 2
Employment data from the U.S. Labor Department showing that 142,000 new non-farm jobs were created in September — far less than the 203,000 forecast — furthered expectations that the U.S. Federal Reserve would delay raising interest…
Western Potash’s redesign attracts $80M Chinese investment
China-based private equity firm Beijing Tairui Innovation Capital Management has decided to invest $80 million for a 51% stake in Western Potash (TSX: WPX) after the junior unveiled a less expensive mine plan for its Milestone potash project in…
Suppliers news: Canpotex, Galaxy, Timetric, Pacific Coast Terminals
Canpotex hires National Steel Car to build railcars
[Update] PotashCorp aims to regain market influence with K+S bid
VANCOUVER — Canadian giant Potash Corp. of Saskatchewan (TSX: POT; NYSE: POT) is considering a mega deal for Germany’s K+S Aktiengesellschaft that could materially change the landscape in the fertilizer business….
PotashCorp aims to regain market influence with K+S bid
VANCOUVER — Canadian giant Potash Corp. of Saskatchewan (TSX: POT; NYSE: POT) is considering a mega deal for Germany’s K+S Aktiengesellschaft that could materially change the landscape in the fertilizer…
Focus Ventures keeps busy at Bayovar 12 in Peru
Focus Ventures (TSXV: FCV) has made progress in a short time at its Bayovar 12 phosphate project in northern Peru — but it wasn’t always focused on phosphate.
Wall Street gains, May 11-15
China cut interest rates for the third time in six months to shore up its economy, just as weaker-than-expected industrial production, retail sales and consumer sentiment in the U.S. cast a pall over the economy and hinted that the…
U.S. markets end in positive territory, June 30-July 3
U.S. markets rebounded sharply on the back of strong jobs data before closing on July 4 for the Independence Day holiday. The U.S. economy added 288,000 non-farm jobs in June and revised data from the Labour Department showed that the…
Inmet alumnus Tilk to replace Doyle as PotashCorp CEO
Potash Corp. of Saskatchewan (TSX: POT; NYSE: POT) has surprised analysts by revealing that its long-time president and CEO Bill Doyle will be replaced in July by mining veteran Jochen Tilk, who apparently has no potash or fertilizer…
Mosaic cuts 51 workers across Saskatchewan
Mosaic’s (NYSE: MOS) decision to lay off 51 workers across its potash division in Saskatchewan — or just under 2% of its workforce in the province in Western Canada — is not as dramatic as Potash Corp. of Saskatchewan’s…
PotashCorp’s Q4 earnings fall 46%
Potash Corp. of Saskatchewan (TSX: POT; NYSE: POT) has posted a 46% drop in its fourth-quarter 2013 earnings and a weaker-than-expected 2014 guidance, as tough market conditions linger for crop nutrients.