A substantial drop in provincial resource revenue from its oil sector has Saskatchewan holding the line on spending and leaning on its potash sector in its 2015 budget. Finance Minister […] Read more
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Tag Archives potash
Sask. budget trims ag spending slightly
Mosaic fast-tracking Esterhazy potash mine expansion
U.S. fertilizer firm Mosaic Co. has put expansion work at its southeastern Saskatchewan potash mining site on an “accelerated” timeline. Mosaic, which said in 2008 it would invest $1.7 billion […] Read more
Russia’s Uralkali to invest US$4.5B to stay potash No. 1
Moscow | Reuters –– Russia’s Uralkali will invest US$4.5 billion over the next five years to raise production capacity by 30 per cent, aiming to remain the world’s largest potash […] Read more
PotashCorp’s profit beats on higher potash sales
Reuters — PotashCorp, the world’s biggest fertilizer company by market capitalization, reported higher-than-expected quarterly profit on strong potash sales, but its 2015 outlook disappointed. Saskatoon-based PotashCorp sold 2.5 million tonnes […] Read more
Fertilizer prices stray away from corn influence: Analyst
CNS Canada — Foreign exports and transportation look like they could be the main issues facing the fertilizer industry in 2015. Countries such as Ukraine, Russia and Belarus are busy […] Read more
Fertilizer firm Mosaic forecasts bigger-than-expected Q4 profit
Reuters — U.S. fertilizer company Mosaic Co. on Monday estimated it would post a larger fourth-quarter profit than expected and surpassed its targets for phosphate sales. Mosaic, the world’s largest […] Read more
Agrium restarts potash output at Sask. mine
Fertilizer and ag retail giant Agrium has restarted potash production at its west-central Saskatchewan mine after a months-long expansion-related shutdown. Calgary-based Agrium said Wednesday its site at Vanscoy, about 25 […] Read more
Uralkali prepares to start repairs at damaged potash mine
Berezniki, Russia | Reuters — Russia’s Uralkali, the world’s biggest potash producer, is preparing to start repair work at part of the damaged Solikamsk-2 mine, though it is unclear when […] Read more