Sentences with phrase «sylvinite potash»

In the absence of any official statement, pundits contemplated a range of theories on the Potash rejection — that Ottawa regarded potash (a crucial fertilizer ingredient) as a strategic asset, that it had adopted a sudden aversion to foreign intrusion on major natural resource companies, or perhaps simply that Harper's Tories sought to improve their chances in the then - upcoming federal election.

Using historic yield and fertilizer data, he created an algorithm that prescribed the optimal level of potash for each 40 - by 40 - foot zone in his fields.

If the cartel system continues to break down and potash prices sag much further, the economics of that project may become impossible to justify.

Around the world, global potash demand has been flat since 2007, while global production capacity has increased.

One reason why some people may be worried is that Tilk has never worked in the potash industry, but analysts point out it's not like he's a new face in the commodity sector.

By limiting supply to the market, the two cartels — BPC, a partnership between the largest Russian and Belorussian companies, and Canpotex, made up of Potash Corp. and junior partners Agrium and Mosaic — helped drive the average price of potash from a historic range of between $ 125 and $ 200 a metric tonne to, at one point in 2009, $ 825 a metric tonne.

And perhaps worst of all, the export cartel model, the one that all but made the Canadian potash business what it is, is in danger of falling apart.

'' Saskatchewan, with its attractive geology and stable political and fiscal environment, is the best place in the world to develop a potash business.»

(One imagines Doyle on an arena tour in retirement, playing to sold - out crowds of adoring potash junkies.)

In the long run most analysts expect demand for potash to increase, as a growing global population looks to maximize yields from its shrinking pool of arable farmland.

In Vancouver, according to condo marketer Bob Rennie, between 60 % and 80 % of all real estate sales in the city's West Side are now to mainland Chinese, while markets like Calgary and Saskatoon have soared thanks to all the new oil and potash wealth.

When Tilk takes over, it will be a year after one of the main potash marketing cartels went bust.

Belarusian Potash Co. supplied about 42 per cent of the world's potash exports before it broke up and sent prices to a four - year low as major buyers like China and India waited to see how far prices would fall.

«It's not hard to be a little taken aback, that such a monumental «changing of the guard» will unfold on the heels of one of the potash industry's most volatile periods,» he wrote in April 7 report.

TD expects international potash prices to average close to their current level of US$ 305 to US$ 320 per tonne over the next two years, but said they will be volatile.

It says this will increase the need for potash and new mines.

Either Belaruskali is flexing its muscles and showing off its independence from Uralkali, which means negotiations on reforming the cartel are likely to be protracted and could fail, or Belaruskali is joining Uralkali in the new potash world, abandoning market discipline to compete for market share based on price.

On the down side, potash buyers could continue to wait in hopes pushing prices lower or producers could add more capacity than anticipated, weighing on prices.

But potash supply, too, could mushroom significantly.

The company calls Jansen the world's best undeveloped potash resource and it expects it to produce ten million tonnes of potash a year for more than 50 years.

Making matters worse, India, one of the world's largest fertilizer customers, has cut the potash subsidies it pays to local farmers.

Among other things, Doyle was a persistent, outspoken advocate of the potash cartel model.

China, another large customer, has increased domestic potash production.

Blocked from buying Potash Corp. by Canadian government decree in 2010, the company has instead sunk billions into developing its own Saskatchewan site at the Jansen Mine, which, if fully operational, could become the largest potash - producing site in the world.

However China has started to sign potash contacts in recent weeks with a deal with Uralkali and another with Canpotex — the Canadian export partnership that includes PotashCorp, Agrium and Mosaic — at around US$ 305 per tonne, effectively establishing a price floor.

In March, Belaruskali, the state - owned Belarussian company that used to form the other half of BPC, announced it was increasing its own potash production.

TORONTO — A cloud of uncertainty is hanging over the global potash industry, but demand from developing countries is expected to grow in line with historical trends, a report by TD Bank says.

Local explorer Salt Lake Potash has received commitments for an $ 8.4 million capital raising to fund ongoing work at its Lake Wells sulphate - of - potash project north of Laverton.

Perth - based explorer Goldphyre Resources has entered into an agreement to purchase a large area of potash - prospective land near Kalgoorlie, which is owned by prominent prospector Mark Creasy.

Elemental Minerals has negotiated an extra $ US10 million in a proposal from a private equity group for an investment to assist the business advance its flagship Kola Sylvinite potash project.

Davenport Resources has launched a $ 5 million capital raising to support its plans to acquire a potash project majority owned by West Perth - based Potash West and list on the ASX.

Elemental Minerals has finalised a $ US50 million ($ A66.4 million) equity injection with three investment groups to fund development of its Kola Sylvinite potash project in the Republic of Congo.

Danakali has tapped investors for a $ 5.5 million capital raising to fund work at its Colluli potash project in Africa.

Perth - based potash exploration company Reward Minerals has been served a $ 33,000 penalty by the Australian Securities and Investments Commission and has complied with the infringement notice.

Shares in local rare earths explorer Plymouth Minerals closed 75 per cent higher on news it had entered into an agreement to acquire two African potash projects for an all - scrip deal worth up to $ 2.75 million.

A definitive feasibility study on potash explorer Danakali's Colluli project in Africa has found a 30 per cent reduction in development costs to $ US298 million ($ A415 million).

Potash West has announced it will farm into a historic potash producing region of Germany under a joint venture agreement, with a right to earn 55 per cent if it funds early exploration activities in the South Harz potash district.

West Perth - based explorer South Boulder Mines has announced another capital raising to fund ongoing work at its Colluli potash project in East Africa.

But BHP executives point out that the benefits gained from the construction and operation of Saskatchewan's first new potash mine in four decades could offset the negative implications of deferred tax payments.

One company already taking action is Saskatchewan potash exporter Canpotex, which plans to help Burmese farmers improve their crop yields.

Farmers are earning huge profits on their wheat, soybeans, cotton and other crops; strong demand for (and relatively tight supplies of) grain, oilseeds and other key food inputs encouraged them to use large volumes of fertilizer (notably potash, phosphate and nitrogen) to boost their crop yields.

It's easy to see why Potash Corp. covets ICL, a US$ 16 - billion company that supplies 10 % of the world's potash.

Here's a familiar storyline: a foreign mining giant tries to take control of a large domestic potash company, sparking a nationalistic uproar in defence of what is deemed a strategic resource.

The producer of phosphate and potash nutrients for the global agriculture industry is based in Plymouth, Minn..

«There is pain for everybody» if this new potash paradigm persists, said Steve Hansen, an equity analyst with Raymond James.

Because it could then weaken demand for production coming out of Canada,» said Ferley, adding that it will also have implications for potash prices, which in turn impacts income growth in Canada and Saskatchewan's fiscal situation.

Still, the effects of increased levels of potash production, as promised by Uralkali, on the demand for Canadian potash remains to be seen, said Paul Ferley, assistant chief economist with RBC.

Ultimately if other projects drop off, such as ones that would provide future potash supplies, and demand increases due to lower prices, «there will be an offset through higher demand, certainly,» he added.

The price discipline relied on by the global duopoly of BPC and Canpotex (Saskatchewan's potash international shipping agency) has — at least for the time being — ended, but according to analysts it's the big players who are really going to be able to weather the industry's current troubles.

Natural gas, of which we're the second - largest exporter today, as well as copper and nickel from northern Ontario, and potash and uranium from Saskatchewan, will see steady demand.