Commodity investing legend says the Chinese market is on its way to "finding a good bottom."
As prices for the company's four key "pillar" commodities —iron ore, metallurgical coal, copper and oil and gas — have all dropped to multi-year lows in the past 12 months.
We're not in 2008 – plotting global economic growth against commodity prices shows metals and mining sell-off is disconnected from realities on the ground.
Canadian junior and mid-tier mining companies also raised 62% more capital in the second quarter than in 2014.
Appian Capital founder Michael Scherb: "You're now seeing the same changes in mining that happened in oil and gas which is now heavily supported by PE"
If there's any doubt Saskatchewan dominates potash production in North America, a new report notes than nine out of 10 of the continent's biggest potash projects are in the Canadian province.
Today may be the end of this trend of divergence. US equities are at a precipice: fueled by low rates and quantitative easing for years, they have finally started to tumble from record highs.
Chinese rail freight tonnage – a key indicator for economic activity and the commodities trade – has plunged by 10.2% this year.
Graphite has been touted as a leap forward for our mobile world of battery-powered gadgets, but it may also help plants grow.
The world's leading commodity trader stock slumped to a record low Wednesday after it revealed it swung to a steep first-half loss of $676 million.
The agreement with Kansas-based Koch Fertilizer comes as the European firm attempts to fend off a takeover bid from Potash Corp.
Investors weren't happy with the news. The stock dropped to record lows Friday, becoming the top loser on FTSE 350 mining index.
JP Morgan Cazenove says Swiss commodity trading giant has to start off-loading inventory to slash its $48 billion debt pile and keep its credit rating.
Stock markets in Canada and the United States fell sharply on the news that China had allowed the yuan to drop 2%.
The latest offer was unchanged in its value, but included a more formal “business combination agreement,” K+S said
A possible takeover of German potash miner K+S by Potash Corp of Saskatchewan would make further consolidation less likely, the incoming chief executive of fertilizer maker Mosaic Co said on Tuesday. via Potash Corp-K+S deal may limit further consolidation-Mosaic | …
Canpotex Ltd, the potash export sales arm for Potash Corp of Saskatchewan, Mosaic Co and Agrium Inc, said on Tuesday that Ken Seitz would succeed Steve Dechka as chief executive officer on Nov. 1
Fertilizer giant's potash production, sales and selling prices all tracking at upper range of forecasts.
As the media bashes gold and Shanghai crashes again, it's easy to get despondent.
In this interview with The Energy Report, Churchill examines agricultural trends and discusses companies that can benefit from the world's increasing appetite, including one company with a streaming model unique in the ag sector.
The 2.8-million tonnes per year greenfield facility would mine the potash using the solution method.
Strong greenback is another drag.
The world's No.1 miner will continue boosting its iron ore output, adding to a global glut and keeping pressure on prices.
With the deal, Potash Corp. could regain some of its historic dominance over the fertilizer market, since the two companies combined account for 30% of the global potash production.
The deals represent two ground-breaking initiatives to make Canada’s mining industry more fuel-efficient and environmentally friendly.
Perhaps. But when a sector is so downtrodden that it barely shrugs at major global economic events, there is little left to lose.
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