Canadian stocks dropped, led by Potash Corp. and gold mining companies, after analysts cut the fertilizer company’s profit forecast and the price of bullion fell, heading for its biggest weekly decline in two months.
The Standard & Poor’s/TSX Composite Index slid 0.7 percent to 9,207.15 at 9:41 a.m. in Toronto, as 125 stocks fell and 108 [...]

Canadian stocks rose, snapping a five-day slump, as raw-materials producers rallied from a two- year low after central banks cut interest rates to stem the worst financial crisis since the Great Depression.Barick Gold Mining Exploration Company. surged the most 21 years after bullion climbed above $900 an ounce as investors sought a haven from financial [...]

The commodities sector, which has been the main driver of Canada’s economic strength and a buffer against the subprime woes of the United States, imploded yesterday, stoking fears that Canada can no longer outrun the global
financial crisis.
Metals, mining and oil stocks plunged on fears a widening economic downturn will sap demand around the world for [...]

Canadian Imperial Bank of Commerce and Potash Corp. of Saskatchewan may rise when the stock market opens today, bids on the Toronto stock exchange show.
CIBC may gain after Cerberus Capital Management LP said it will invest more than $1 billion in its residential real-estate portfolio. Potash may lead a rally in raw-materials shares after their [...]

The market forces driving up the price of potash are complicated, but the effect in the Moab area is easy to pinpoint.
“We have 200 prospecting permit requests. We saw the increase since April,” Bureau of Land Management geologist Rebecca Doolittle said.
That is after decades of inactivity. In the 1980s, Reunion Mining did some exploration which [...]

WINNIPEG, Manitoba   - Potash Corp , the world’s largest fertilizer company, continues to believe the sector is well-positioned for the long term, despite plunging stock prices on Thursday, a company spokeswoman said.
“In these tough financial market conditions, good companies and good business can certainly get caught up in overreactions, and we really believe that’s [...]

Potash Corp (POT.T), the world’s largest fertilizer company, continues to believe the sector is well-positioned for the long term, despite plunging stock prices on Thursday, a company spokeswoman said.
“In these tough financial market conditions, good companies and good business can certainly get caught up in overreactions, and we really believe that’s what’s happening here,” Rhonda [...]

Shares in Toronto were pounded almost 7 per cent lower Thursday, as cheaper oil, a downgrade for potash producers and nervous anticipation of a bailout package for the U.S. financial industry took the index down hard.
The S&P/TSX was down 6.95 per cent, or 813.97 points, to close below 11,000 for the first time in two [...]

Industrial Info Resources (Sugar Land, Texas) is proud to announce the availability of the Canada & U.S. Mining Industry — 1st Edition wall map. The map features more than 930 operational mines and 220 mines under development in the U.S. and Canada. Derived from Industrial Info’s Industrial Plant & Project Database, the Canada & U.S. [...]

Every segment of the mining industry and the companies that support it continue to enjoy great success with no end in sight despite trouble on Wall Street, industry leaders said Monday at a national conference and trade show.Much of the optimism can be attributed to the unprecedented demand from China and India, said Harold Quinn, [...]