(Photo courtesy Agrium)

Saskatchewan aims to ease potash tax’s price reliance

Winnipeg | Reuters — Resource-rich Saskatchewan wants to change the taxes it charges on production of potash, to better reflect output and lessen the influence of potash prices, the province’s economy minister said Thursday. Potash prices have weakened since 2012 as capacity has increased. Competition has also sharpened since the 2013 breakup of Belarusian Potash […] Read more






(Dave Bedard photo)

PotashCorp’s profit beats on higher potash sales

Reuters — PotashCorp, the world’s biggest fertilizer company by market capitalization, reported higher-than-expected quarterly profit on strong potash sales, but its 2015 outlook disappointed. Saskatoon-based PotashCorp sold 2.5 million tonnes of potash, the most ever in a fourth quarter and up 42 per cent year over year. Its average realized potash price was $284 per […] Read more



(Dave Bedard photo)

Fertilizer firm Mosaic forecasts bigger-than-expected Q4 profit

Reuters — U.S. fertilizer company Mosaic Co. on Monday estimated it would post a larger fourth-quarter profit than expected and surpassed its targets for phosphate sales. Mosaic, the world’s largest producer of finished phosphate products and North America’s second-biggest potash producer, said it expects to earn 93 to 98 cents per share in the quarter […] Read more

(Photo courtesy Agrium)

Agrium restarts potash output at Sask. mine

Fertilizer and ag retail giant Agrium has restarted potash production at its west-central Saskatchewan mine after a months-long expansion-related shutdown. Calgary-based Agrium said Wednesday its site at Vanscoy, about 25 km southwest of Saskatoon, is back in business after completion of what it called a “major turnaround” to tie in a one million-tonne expansion project. […] Read more