Tags » Potash Corp

Potash Corp's profit beats as costs fall, potash sales rise

Potash Corp of Saskatchewan’s reported a higher-than-expected rise in quarterly profit as lower costs and increased potash sales volumes more than made up for weak phosphate prices. 222 more words


PotashCorp CEO gets 2016 pay raise of 34 per cent in year when N.B. mine shuttered and hundreds laid off

The head of Saskatchewan’s largest mining company got a raise of almost US$1 million last year, while cutting costs and laying off workers in response to weak potash prices. 514 more words


PotashCorp paints bleak picture of year ahead in fertilizer market after 74% plunge in annual profits

After reporting a 74 per cent decline in annual profits last year as potash prices hover around a decade low, Potash Corporation of Saskatchewan Inc. warned investors that despite a rebound in potash prices, its bottom line will likely take longer to recover. 776 more words


Sussex to unveil blueprint for its future days after one year anniversary of mine closure announcement

The town of Sussex is about to unveil the draft of a strategic plan that will spell out how it hopes the region will develop in future years. 309 more words


Agrium Inc. downgraded after big rally

Agrium Inc.’s more than 20 per cent surge in recent weeks fully reflects the upside provided by its merger with Potash Corp., and therefore warrants a downgrade, according to AltaCorp Capital. 144 more words

Trading Desk

Potash Corp cuts 140 jobs, slashes output as industry struggles with weak prices

Potash Corp., the world’s biggest fertilizer company, announced it will cut production and jobs at its Saskatchewan mines amid persistently low potash prices and a planned merger with the world’s second-largest fertilizer company. 465 more words


Agrium and Potash Corp shareholders overwhelmingly approve all-stock merger

CALGARY — Shareholders of Potash Corp. of Saskatchewan and Agrium Inc. have voted overwhelmingly in favour of an all-stock merger.

At separate special meetings Thursday, PotashCorp shareholders voted more than 99 per cent in favour of the deal while more than 98 per cent of Agrium shareholders voted for it. 99 more words