PotashCorp Mining News

Moody’s downgrades Potash Corp. as fertilizer slump lingers

Moody’s Investor Service on Friday downgraded the credit rating of Potash Corp. of Saskatchewan, citing concerns of a longer-than-expected fertilizer slump, ahead of the company’s planned merger with rival Agrium Inc.

Authorities to assess unwanted potash deposit in Canada's New Brunswick

Province wants to assess the remaining potash resource, if any, near the now closed Penobsquis mine.

PotashCorp to idle two mines temporarily

Allan and Lanigan will stop producing for 4 weeks starting on March 20.

PotashCorp profits fell 50% in 4th quarter

The company recently announced the closure of its new potash mine in New Brunswick, resulting in the loss of up to 430 jobs.

India’s appetite for fertilizers beats expectations — Phosagro

After being practically absent from the Indian market for two years, the Russian firm has signed a three-year supply contract with IPL.

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.

Uralkali’s potash goes on sale, India to pay lowest price in 7 years

The price is also about 25% below what India paid last year to the now defunct Belarusian Potash Co., which Uralkali owned jointly at the time with Belaruskali.

PotashCorp sees an even more difficult 2014

Though company points to signs that demand is picking up.

Uralkali will sell potash to China at a 24% discount on last year's price

The world's biggest potash producer will sell 700,000 tonnes to China for $305 per tonne in the first half of 2014.

The end of a bad year for potash producers; a sprinkle of hope in the new year

'2013 is likely to go down as one of the worst years in the history of the fertilizer industry,' the Motley Fool recently wrote.

Potash Corp still licking wounds from cartel break-up

Profit drops 45% in Q3 2013.

Belarus poised to upend 'paralyzed' potash market once again

The potash world appears ready to go back to its oligopolistic ways.

Alberta floods block potash shipments

Temporary delay in potash shipments from Saskatchewan mines.