Soaring grain prices spark a potash mining boom in Canada

摘要

The potash industry has become one of the hottest in Canada as demand for it rises with soaring prices of grain. Potash is a key ingredient in fertilizer. In recent months, shares of Potash Corp, the top potash producer in the world with seven mines in Saskatchewan, has tripled. Now, some of the world's top mining companies as well as small exploration firms are attempting to put deposits in Canada's western prairies into production. The potash boom has also pushed explorers' stocks higher and prompted a staking rush and raised expectations of takeovers.