By François Biber
Declining profits for PotashCorp of Saskatchewan (PCS) is forcing the company to suspend some operations in Saskatchewan and close a mine on the east coast.
On Thursday, PCS reported a dip in share prices and gross profits in the third-quarter of 2015 compared third-quarter results from 2014. The price per share came in a 34 cents, down from 38 cents this time last year.
Gross margins were also down to $505 million, lower than the $589 million reported in the second half of... // Read Full Article