Potash Corporation of Saskatchewan Mining News

Potash producer Belaruskali to make new kind of fertilizer — report

The company is also said to be mulling a number of investment projects involving a Chinese chemical company.

Mosaic to pay hefty fine over accident at its Colonsay potash mine

Mosaic was charged with fines of more than more than $85,000 after a worker's leg was crushed in a conveyer in February 2014.

Potash Corp profit down 70% on weaker prices, expects challenging year ahead

The firm anticipates “challenging market fundamentals” in the phosphate-fertilizer market, adding that it is currently assessing the value of some assets, which may lead to writedowns.

Mosaic to reopen Colonsay potash mine in a matter of days

Decision to resume operations at the mine was based on Mosaic's expectations that 2017 will be a stronger year for the potash industry.

Miners trapped at Canada’s Allan potash mine rescued and safe

The 114 miners who were trapped underground following a fire are now home and operations will resume today.

Potash Corp cuts production, lays off 140 from Cory mine

The company also said it expects layoffs resulting from temporary production halts at its Lanigan and Allan mines in early 2017.

Aussie iron ore magnate Rinehart invests in UK's biggest potash mine

Sirius Minerals’ York mine is expected to be one of the world’s largest in terms of the amount of resources extracted, generating an initial 10 million tonnes of polyhalite per year.

ISS gives Potash Corp-Agrium merger its blessing

The deal, the biggest Canadian merger since CNOOC Ltd. bought Nexen Energy ULC in 2013, would create the world’s largest crop-nutrient supplier, worth about $36 billion.

Potash Corp. and Agrium merge, create $36bn fertilizer giant

The combined firm will be the world's largest crop nutrient producer and third largest natural resource company in Canada.

Potash Corp confirms merger talks with Agrium, shares halted

A tie-up could produce a fertilizer giant worth more than $30 billion.

China signs long-delayed potash deal with Belarus at 30 pct less than last year’s price

Analysts see the long-awaited deal to sell potash to Chinese buyers as good news for the beleaguered sector, even though the agreed price is dramatically lower than last year’s.

Weak potash prices force Mosaic to idle Colonsay mine, hundreds laid off

The company has set Jan. 3 as the restart date for the mine, but that may change based on market conditions.

BHP said to be after Potash Corp again

BHP has been developing its own Canadian potash mine — the Jansen project — in Potash Corp's backyard, and has already invested about $3.8 billion on it.

Russia-Belarus potash pact may stage a comeback

Belarus has said it might cooperate with Uralkali, in the first sign the two sides might work together since the Russian potash producer broke off their business alliance in 2013.

Sirius Minerals lines up contractors for huge potash mine, may lower cost estimates

Sirius' mine, located beneath a U.K. national park, is set to generate an initial 10 million tonnes per year of polyhalite – a form of potash.

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 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 Corp. profit jumps 77% on record sales

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

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.