Potash Corp. of Saskatchewan Mining News

Potash miners hit by increased competition, supply amid low prices

Analysts, companies expect prices to stay below 2015 levels for at least the next two years.

Potash prices to fall even further — Mosaic

It expects to sell the key crop nutrient for $200-230 a tonne in the current quarter, compared to an average price of $254 a tonne in the previous three-month period.

PotashCorp mothballs Picadilly mine, leaves more than 420 jobless

The indefinite suspension of the Picadilly mine, in Canada's New Brunswick, is expected to cut the company's capital costs by $50 million in 2016 and $135 million over the next two years.

Sirius Minerals to supply 500,000 tonnes of fertilizer a year to Chinese firm

The offtake deal with Huaken International is for seven years from the moment the York Potash mine is up and running.

Potash Corp slashes outlook, production amid tough market conditions

The fertilizer giant also announced temporary inventory shutdowns as it deals with a weakening potash market.

Construction of giant York Potash mine to begin next year

The $3.15 billion project will tap into the world’s largest and highest grade deposit of polyhalite, used as a fertilizer, inside the North York Moors National Park.

How Potash Corp is set to win in the upcoming potash war

The global potash market is about to get competitive, and Potash Corp.'s shareholders should pay attention.

Potash Corp. buying K+S AG far from a sure thing

The market may be factoring in a roughly 60% chance that Potash Corp. successfully acquires K+S AG, but one analyst from J.P. Morgan thinks the odds are much lower.

Takeover approach shakes up potash market

Potashcorp shares jump after making unsolicited bid for Europe's largest potash producer amid fundamental shifts in the industry.

Potash to outweigh effects of low oil prices in Saskatchewan's economy — BMO

While oil production is expected to drop by 4% this year, potash output will jump 8%, BMO forecasts.

Canpotex finalizes pricing deal with China

While it did not release price terms, it is believed the group will be selling its crop nutrient for US$315 per a tonne,

Potash producers rejoice — China likely to pay more for it this year

According to analysts from Credit Suisse, Chinese importers will settle at $320 a tonne, versus $305 a tonne they paid last year.

Potash Corp buys stake in Brazilian firm

The move is a bet to become the company's main supplier and expand PotashCorp's presence in Latin America.

Potash Corp. profit jumps 77% on record sales

The Saskatoon-based miner also hiked its quarterly dividend 9% to 38 cents per share.

Canpotex secures potash demand from China in deal with Sinofert

Minimum of 1.9 million metric tons of red standard-grade potash over three years.

New Brunswick’s Picadilly potash mine to start production

PotashCorp. still plans to close the old mine.

Potash Corp remains confident of market outlook despite weak prices

The company is approaching the end of a decade-long, US$8.3-billion investment program to boost its potash production capacity.

Potash Corp./Saskatchewan Given New C$38.00 Price Target at TD Securities POT | Ticker Report

Research analysts at TD Securities dropped their target priceon shares of Potash Corp./Saskatchewan (TSE:POT) from C$39.00 to C$38.00 in a report released this week.

Will Strong Q3 Earnings Help Get Potash Corp./Saskatchewan’s Stock Back in Positive Territory?

Although Potash Corp. is a vital player in the agriculture industry, this has not led to a strong performance in the stock market in 2014, as its shares have uderperformed the TSX Composite Index’s 4.5% gain.

UK authorities to review bid for $2.7bn potash project in national park

Analysts say this is “make or break” time for the company behind the massive mine, Sirius Minerals.

Potash prices, oversupply scaring potential Jansen partners: BHP

Chief Executive Officer Andrew Mackenzie said the project ramains in BHP's main plans, but added the firm is not in a rush to develop it.

Canada’s Manitoba to open bids for major potash deposit

The potential mine could generate $2 billion worth of royalties for the province over the course of 40 years, and sustain close to 600 jobs.

Sirius delays application for $2.7bn potash mine in English national park

According to the company, the mine will employ about 1,800 workers during construction and generate 1,000 permanent jobs once opened.

Rio Tinto’s plans to mine potash in Canada got a lot more serious

While it did not disclose the costs and planned capital expenditure for the Albany project, Rio has previously said the deposit had enough potash to sustain a low cost operation for decades.

BHP abandons planned Canada’s Jansen potash export facility

The exclusivity agreement, which expired last week, would have given BHP the right to develop a potash port close to its Jansen project.