Canadian Mining Journal


  • News

    POTASH: BHP Billiton loses $6.4B, future of Jansen project unclear

    August 17, 2016 by Canadian Mining Journal

    SASKATCHEWAN – Uncertainty has overtaken the Jansen potash development 140 km east of Saskatoon as owner BHP Billiton posted a loss of US$6.4 billion for the year ended June 30, 2016. Weak commodity prices, the failure of the tailings dam

  • POTASH: Karnalyte breaks off financing talks for mine

    August 2, 2016 by Canadian Mining Journal

    SASKATCHEWAN – Things were looking up for Karnalyte Resources of Calgary last March when it announced it was in talks to fund a new in situ potash mine near Wynyard. Today the company said that the financing talks have broken

  • News

    POTASH: Process vessel topples at K+S Legacy project

    July 18, 2016 by Canadian Mining Journal

    SASKATCHEWAN – A large process vessel fell in the wee hours of Sunday morning causing significant damage to the plant under construction at the Legacy potash project of K+S Potash Canada. The plant near Bethune, 60 km northwest of Regina,

  • News

    Mosaic idles Colonsay potash mine

    July 14, 2016 by Canadian Mining Journal

    Mosaic (NYSE: MOS) is temporarily shutting one of its three Saskatchewan potash operations, amid declining global demand and potash prices. The major fertilizer producer will close the Colonsay potash mine for the rest of 2016 in response to the “challenging” market

  • RUMOUR: BHP still after PotashCorp

    July 4, 2016 by Canadian Mining Journal

    SASKATCHEWAN – Rumours surfaced last week that BHP Billiton has made an offer for Saskatoon-based Potash Corporation of Saskatchewan. Whatever the truth to the story, PotashCorp shares jumped 6.6% in Toronto on Thursday to $22.28 then closed at $21. BHP

  • POTASH: Economic slowdown forces miners to cancel plans to build a B.C. export terminal

    June 20, 2016 by Canadian Mining Journal

    Three of Canada’s major potash miners, Agrium Inc., Mosaic Co. and Potash Corporation of Saskatchewan Inc., have scrapped plans for Canpotex Ltd., their exporting and offshore marketing wing, to build a $775-million West Coast export terminal in Prince Rupert, B.C.