A union representing workers at Mosaic’s (NYSE: MOS) potash mine in Esterhazy, Sask. says it has filed for provincial mediation after negotiations for higher wages broke down. Some 750 workers…
U.S. markets fell last week after the U.S. Federal Reserve increased its benchmark interest rate by 75 basis points and Fed chairman Jerome Powell said talk of a pause in…
The Northern Miner presents its top-10 list of U.S.-based mid-tier to junior companies, excluding coal and precious metals, according to market cap. 1. Intrepid Potash Market cap: US$432 million Intrepid…
U.S. indexes fell as investors questioned U.S. President Donald Trump’s ability to deliver on his promises to boost the economy. The Dow Jones Industrial Average fell 1.5% to 20,596.72, while the broader…
Worries over a potential rate hike by the U.S. Federal Reserve were alleviated somewhat during the trading week with lower than expected job numbers. Total non-farm payroll employment in the U.S….
Mosaic (NYSE: MOS) is temporarily shutting one of its three Saskatchewan potash operations, amid declining global demand and prices for potash. The major fertilizer producer will close the Colonsay potash mine…
Intrepid Potash (NYSE: IPI) is temporarily shutting its largest potash mine amid weak fundamentals, after swinging into a loss in the first quarter. On May 9, the company posted an…
U.S. indexes continued in negative territory amid lower oil prices and a weak jobs report. The Dow Jones Industrial Average slipped nearly 0.2% to 17,740.63, while the S&P 500 Index…
Weak corporate earnings and lower prices for commodities pushed down all three major U.S. indexes. The S&P 500 Index fell 2.2% to close at 2,079.65. The Dow Jones Industrial Average lost 2.9% to finish at 17,568.53, while the Nasdaq dropped…
China-based private equity firm Beijing Tairui Innovation Capital Management has decided to invest $80 million for a 51% stake in Western Potash (TSX: WPX) after the junior unveiled a less expensive mine plan for its Milestone potash project in…
U.S. markets rebounded sharply on the back of strong jobs data before closing on July 4 for the Independence Day holiday. The U.S. economy added 288,000 non-farm jobs in June and revised data from the Labour Department showed that the…
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…