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Jan 19 (Reuters) - Potash Corp of Saskatchewan said it would "indefinitely" suspend potash mining at Picadilly, New Brunswick in Canada in response to weakening demand for the crop nutrient. Potash Corp, which had more than 5,000 employees worldwide at the end of 2014, said the suspension would lead to 420-430 job cuts in New Brunswick. The company said it would retain 35 employees at Picadilly to keep the operation in "care-and-maintenance mode". (Reporting by Swetha Gopinath in Bengaluru; Editing by Saumyadeb Chakrabarty)
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Potash Corporation of Saskatchewan Inc.
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CODE : POT.TO |
ISIN : CA73755L1076 |
CUSIP : 73755L1076 |
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Potash Corp. is a producing company based in Canada. Potash Corp. is listed in Canada. Its market capitalisation is CA$ 21.7 billions as of today (US$ 17.2 billions, € 14.4 billions). Its stock quote reached its lowest recent point on March 24, 1995 at CA$ 10.00, and its highest recent level on September 21, 2007 at CA$ 99.07. Potash Corp. has 840 009 984 shares outstanding. |