Union at Saskatchewan Mosaic potash plant seeks mediation for higher wages
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…
Intrepid Potash Inc
US markets fall in the week ending Nov. 4
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…
Top 10 US-based mid-tiers to juniors, excluding non-coal and precious metals
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…
Wall Street ends in red, March 20-24
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%…
US stocks steady, Aug. 29 – Sept. 2
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…
Mosaic suspends Colonsay potash mine
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…
Intrepid closes West facility amid weak potash prices
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…
Wall Street slips, May 2–6
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,…
Wall Street tumbles, July 20-24
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…
Western Potash’s redesign attracts $80M Chinese investment
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 end in positive territory, June 30-July 3
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…
Cartel break-up raises doubts about BHP’s Jansen project
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…