Insights and Stories on Potash

BHP said exploring stake sale in Saskatchewan potash mine

Aug. 25, 2017 at 3:32 pm CDT

Toronto/New York | Reuters — Anglo-Australian mining giant BHP Billiton is considering selling a 25 per cent interest in its Saskatchewan potash mine project, a stake that could be worth close to US$2 billion, people familiar with the matter told Reuters. The move comes as activist investor Elliott Management Corp. […]

BHP Billiton puts off decision on Prairie potash mine

Aug. 22, 2017 at 1:56 pm CDT

By Staff

Mosaic shares tumble on disappointing fertilizer guidance

Aug. 1, 2017 at 2:15 pm CDT

By Ahmed Farhatha Rod Nickel

Farmers wait for fertilizer prices to fall amid oversupply

May. 31, 2017 at 12:53 pm CDT

By Dave Sims

BHP stays course on potash mine few expected built

May. 18, 2017 at 3:59 pm CDT

By Rod Nickel

Undaunted by glut, new potash players bank on fertilizer rebound

May. 17, 2017 at 5:12 pm CDT

New York | Reuters — The owners of several new potash mines that are adding fertilizer to an already oversupplied market are banking on better times, bucking industry thinking that the projects may snuff a modest price recovery. The drive to build new mines began when potash prices were higher, […]

By Rod Nickel

K+S vows new Saskatchewan mine won’t undermine prices

May. 9, 2017 at 3:48 pm CDT

Frankfurt | Reuters — German potash miner K+S vowed it would not have to undercut rivals on price as it brings two million tonnes of new potash capacity to the North American market next year. Faced with the gradual depletion of its domestic reserves over the next 35 to 40 […]

By Reuters

Agrium posts smaller-than-expected loss for quarter

May. 1, 2017 at 9:14 pm CDT

Reuters — Agrium, the world’s biggest farm retailer, reported a smaller-than-expected loss on Monday, helped by higher selling prices for potash. The Calgary-based fertilizer and ag retail firm sold 636,000 tonnes of wholesale potash in the first quarter ended March 31 at an average of $208 per tonne, compared with […]

By Reuters

PotashCorp notches higher profit as sales climb

Apr. 27, 2017 at 5:39 pm CDT

Reuters — Saskatchewan-based PotashCorp reported a bigger-than-expected rise in quarterly profit on Thursday and raised its full-year outlook, citing lower costs and increased sales volumes. Shares of the Saskatoon-based fertilizer producer rose 1.6 per cent in early New York trading, touching a three-week high. Revenue was lower in the first […]

By Rod Nickel Swetha Gopinath

Grain revenue, grain handle higher in CP’s Q1

Apr. 20, 2017 at 3:16 pm CDT

Increased grain and potash traffic and revenue helped Canadian Pacific Railway book a shift to “positive volumes” in its first-quarter ledger. Calgary-based CP on Wednesday reported net income of $431 million on revenues of $1.603 billion for its quarter ending March 31, down from $540 million on $1.591 billion in […]