Concern about a possible U.S. air strike against Syria and anxiety about the timing of the U.S. Federal Reserve’s end to quantitative easing sent U.S. markets down. The Dow Jones Industrial Average fell 1.33% to 14,810.31, the S&P 500…
VANCOUVER – Belarus’ move to arrest the head of Russian potash major Uralkali (LSE: USKA) on suspicion of corruption and abuse of power erased all hope that the latest spat between Belarus and Russia would fade away and allow…
Speculation that BHP Billiton (NYSE: BHP) might defer a decision on whether to proceed with the massive Jansen project in Saskatchewan after the recent collapse of one of two global potash cartels, came to an end today, with the Australian…
The break-up of one of the world’s two big potash cartels has spawned much speculation about the future of BHP Billiton’s (NYSE: BHP) Jansen project in Saskatchewan, with a report from analysts at Bank of America Merrill Lynch…
The holiday-shortened trading period wasn’t a typical one for the S&P/TSX Composite Index. While often the index will trend in line with the resource sector that makes up a large part of it, for this period the two moved in opposite…
Mixed jobs data and comments from the U.S. Federal Reserve that it would keep buying US$85 billion per month in Treasury and mortgage securities were the main headlines during the trading week. Non-farm payrolls rose by 162,000 in July, which…
VANCOUVER — Russian major Uralkali (LSE: URKA) has apparently bowed out of one of the world’s two big potash cartels, which together supported prices by limiting supplies. It was an unexpected move that stunned the potash market on…
Like a sudden Saskatchewan thunderstorm, the potash market surprised everyone yet again with its capacity for drama and destruction, as everyone learned just how important the Russian-Belarusian potash cartel had been all this time in…
The last six months have been very kind to Karnalyte Resources (KRN-T) and its massive Wynyard carnallite potash project in Saskatchewan.
U.S. markets continued their upward march, marking their fourth straight week of gains. The Dow Jones Industrial Average advanced 235.91 points, or 1.56%, to close the week at 15,354.40, while the S&P 500 Index rose 33.77 points, or 2.07%,…
Potash Corp. of Saskatchewan (POT-T, POT-N) says renewed potash demand has lifted its first-quarter profits to $556 million, or 63¢ per share, up 13% from the same period last year.
The S&P/TSX Composite Index held onto its earlier gains during the trading week, edging up 155 points to 12,220.20. The index fell after the U.S. government reported slower growth in the country’s gross domestic product on April 26,…
By continuing to browse you agree to our use of cookies. To learn more, click more information
Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.