Given recent headlines, it is hard to imagine that Khan Resources Inc. was ever in an enviable position. But in early 2010, it really was. 1,531 more words
Tags » Potash Corp
Potash Corp. of Saskatchewan Inc. cut its full-year earnings outlook on Thursday due to increased Saskatchewan potash taxes and weaker-than-expected first quarter performance.
Nonetheless, chief executive Jochen Tilk tried to put a positive spin on the market conditions. 421 more words
Potash producers just can’t catch a break.
A cheaper-than-expected contract between China and Belarus, changes to potash taxes in Saskatchewan and an ongoing market oversupply have all conspired to dent potash stocks and analyst outlooks for this year. 462 more words
Saskatchewan is preparing to review its byzantine potash royalty regime, and Premier Brad Wall thinks it is long overdue.
“Without the incentives that are overlaid on top of the royalty structure for brownfield and greenfield investment, we have the highest potash taxes on earth,” he said in an interview. 555 more words
A former European banker who allegedly bought securities in Saskatchewan’s Potash Corp., after learning from inside information of a looming takeover bid, has been indicted for insider trading in the U.S. 224 more words