CALGARY: Agrium Inc. announced that its securityholders overwhelmingly voted to approve the company’s proposed merger of equals with Potash Corporation of Saskatchewan Inc. at the Special Meeting of Agrium securityholders that was held today. Approximately 98 percent of the shares and…
NEW YORK – The latest analysis of Canadian merger and acquisition information compiled by Mergermarket indicates that such activity remained relatively stable in the first three quarters of 2016. So far this year there were 439 deals worth US$63.7 billion,…
SASKATOON and CALGARY – Potash Corporation of Saskatchewan and Agrium have made their merger plans official by announcing certain details on Sept. 12, 2016. The combined business with be the largest crop nutrient company in the world and the third…
SASKATOON – Potash Corporation of Saskatchewan has confirmed that it is in preliminary discussions with Calgary-based Agrium regarding a potential merger of equals. The company cautioned that no decision has been made as to whether to proceed with such a…
Canpotex, an exclusive offshore marketing company for potash mined in Saskatchewan by Agrium (TSX: AGU; AGY: NYSE), Mosaic (NYSE: MOS) and Potash Corp. of Saskatchewan (TSX: POT; NYSE: POT), has abandoned plans to build a $775 million potash export terminal in Prince Rupert, BC, after…
Three of Canada’s major potash miners, Agrium Inc., Mosaic Co. and Potash Corporation of Saskatchewan Inc., have scrapped plans for Canpotex Ltd., their exporting and offshore marketing wing, to build a $775-million West Coast export terminal in Prince Rupert, B.C.…
VANCOUVER — Canadian giant Potash Corp. of Saskatchewan is considering a mega deal for Germany’s K+S Aktiengesellschaft that could materially change the landscape in the fertilizer business. The world’s largest…
SASKATOON – Canpotex, Canada’s largest exporter of potash, has chosen National Steel Car of Hamilton, ON, to manufacture 700 new railcars designed to transport Saskatchewan potash to coastal ports in North America. The railcars will cost…
This is the time of year we at CMJ pause to examine how Canada’s mining companies performed during the previous year. We start by poring through year-end 2013 results from twice as many companies as will make the list in an effort not to…
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 arguing that…
Each year a Toronto-based organization called Corporate Knights, “The Company for Clean Capitalism,” ranks Canada’s most socially responsible corporations, and this year several miners are included.
Last year, 2012, almost all commodity prices softened, and that fact is reflected in the fortunes of Canada’s Top 40 mining companies. Gross revenues, the number on which we base our ranking, grew little if at all.