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The Mosaic Company Reports First Quarter 2017 Results

The Mosaic Company (NYSE: MOS) today reported a first quarter 2017 net loss of $1 million, compared to net earnings of $257 million in the first quarter of 2016. Earnings per diluted share were $0.00, which included a negative $0.04 impact from notable items. Mosaic’s net sales in the first

An Introduction to Potash Solution Mining

An Introduction to Potash Solution Mining

Potash is commercially mined through two methods, conventional underground mining and solution mining techniques. Solution mining offers a few advantages compared to conventional underground mining including lower up-front capital cost and a shorter ramp-up time.

Potash Price Update

Potash Price Update

Potash prices have been under pressure as of late, and a supply contract at decade-low prices between India and Belarus hasn’t helped matters. But some say the contract could indicate renewed potash demand.

The Mosaic Company Reports Lower Potash Prices, Lower Sales for Q1

The Mosaic Company (NYSE:MOS) reported Q1 earnings of $257 million, down from $295 million the year previous, on the back of lower potash sales volumes and lower prices.

As quoted in the press release:
Earnings per diluted share were $0.73 and included a positive impact of $0.59 from notable items, primarily related

Mosaic to Permanently Lay Off 46 Workers at Potash Mine in Colonsay, Saskatchewan

CBC News reported that Mosaic Co (NYSE:MOS) is permanently laying off 46 workers at its mine in Colonsay, Saskatchewan effective December 14.

As quoted in the market news:
“We’re extremely disappointed about this announcement considering the company is still massively profitable,” said Mike Pulak, staff representative for the Steelworkers’ union which represents the workers.
Mosaic’s stock price

Mosaic Announces Quarterly Dividend

The Mosaic Company (NYSE:MOS) announced that its board of directors has declared a quarterly dividend of $0.275 per share of common stock. This follow the release of the company’s second quarter financial earnings, which showed net earning of $391 million.

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