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Sino-Agri mining

03.09.2010

Potash Potential Speaks Volumes for Sirius

Shares in Sirius Exploration, the only London-listed potash company, have kept on rising after an initial boost from the hostile takeover bid for Potash, the world's largest fertilizer producer. BHP Billiton's $39 billion bid for Potash lifted the shares of companies involved in the crop nutrient on takeover speculation, but while others, such as Germanys' K+S and Norway's Yara, have slipped back or just clung on to their gains, Sirius's recent good fortunes have kept a fire under its stock. more
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