Potash Investing News reports potash price has been high since last year. Potash companies have been under fire recently for failing to drop the selling price of potash despite all of the other commodities price crash. For complete story, click this link. Follow developments in resource mining and exploration for free.Sign on to The Resource Stock Watch.
Continue reading "Are potash giants guilty of collusion?"
Friday, October 31, 2008
Potash Investing News reports potash prices have been holding up despite the gloomy global markets. In September, price support came by way of a strike at three of PotashCorp’s mines in Saskatchewan, record low North American inventories, and sold-out contract volumes at major potash producers. Potash sales have slowed recently as farmers in the United States [...]
Continue reading "Will potash stay on top?"
Monday, October 20, 2008
Potash Investing News reports potash prices rallied over the past weeks to around $73.00. The Washington, D.C.-based Fertilizer Institute reported Thursday that Potash Corp. and other producers within Canada have had a 31 per cent inventory drop. This is due to last months decline in production. The United Steelworkers are considering filing a charge of bad faith bargaining [...]
Continue reading "The workers and the shareholders"
Tuesday, October 14, 2008
On Sunday, French President Nicolas Sarkozy said, “`we need concreted measures, we need unity, which is what we achieved today. None of our countries acting alone could end this crisis''. The sweeping 14-point plan makes euro-zone governments responsible to stabilize long-term maturities, to buy stock in distressed companies, to issue guarantees and insurance, and to issue qualifying capital to financial institutions through preferred shares and other instruments.
Continue reading "WEEKEND WRAPUP"
Saturday, October 11, 2008
Potash Investing News reports the reduction in potash prices with the current global market crisis. USB cut its price on Potash Corp. to US$152 from US$260, while Scotia lowered its price to US$127 from US$200. Both dropped their price on Agrium to US$68 from US$114 and US$96, respectively. For complete story, click this link. Follow developments in [...]
Continue reading "Mining and the current economy"
Tuesday, October 7, 2008
Potash Investing News reports the uncertainties with the markets, some potash companies see a bullish market. The continued high prices, relative to last year, in addition to a promising supply and demand are key pointers. While target prices are now lower than originally estimated, it has been brought on by the current higher market risk, commodity sell-offs, [...]
Continue reading "Too soon to tell?"
Tuesday, September 30, 2008
Potash Investing News reports potash’s supply and demand in the various parts of the world. Potash Corp. of Saskatchewan (TSX: POT) has dropped around 20 cents since last week, settling at around US$147 per share going into the weekend. Representatives of the United Steelworkers union were sent out to London and New York in the last week [...]
Continue reading "Supply and demand"
Monday, September 15, 2008
Potash Investing News reports potash made a 2.2 gain even though the strike continues. There are speculations that Potash Corp. could take over Incitec Pivot Ltd., Australia’s largest producer of fertilizer. With the company’s lack of debt in addition to its US$39.8 billion dollar value, six times that of Incitec, Potash Corp. could make the purchase without [...]
Continue reading "Prices heading north even as strikes continue"
Wednesday, September 10, 2008
Potash Investing News reports S&P/TSX experienced its fourth day of bad trading after the benchmark index lost 957 points the week before. Potash Corp. of Saskatchewan (TSX: POT) provided the biggest rise in the index with a nearly 12 per cent rise September 5. It is currently around US$172.35 per share, compared to last week’s close of nearly [...]
Continue reading "Trades and spills"
Monday, September 1, 2008
Resources investors will be carefully monitoring news developments on at least two fronts this week, with a concentration of interest in the progress of Tropical Storm / Hurricane ‘Gustav’ in addition to the recent Russian foreign diplomatic relations with its neighbors and the West.
Continue reading "WEEKEND UPDATE"
Below is a list of the sites in the Resource Investing network:
For an overview of oil and gas news, please see OilandGasInvestingNews.com
ResponsibleMiner.com is a new web site with a wiki for mining companies and suppliers can discuss best practices in the mining industry. Also, check for profiles of companies doing great things to improve mining best practices.
For upcoming resource investing trade shows, see the following links: Cambridgehouse, IIC
The Resource Investing Glossary: This glossary covers investing in junior resource companies. For the experienced investor or the newbie, you should find everything you need here. If not, let us know and we’ll research and add what you’re looking for.
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Friday, December 12, 2008
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