BHP Prepared to Bring in Partner or Mothball Jansen Potash Project

BHP Billiton plc of England has given a progress report for its Jansen potash project east of Saskatoon, SK. The company says that the US$2.6 billion project is 60% complete. Funds this year have been used to finish the excavation and lining of the production and service shafts, and to continue the installation of essential...

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Intrepid Reports Loss, Focuses on Lowering Costs

Intrepid Potash Inc of Denver, CO has reported a second quarter net loss of US$13.4 million on gross sales of US$51.8 million compared with a net loss of US$4.9 million on gross sales of US$73.3 million in the second quarter of 2015. During the latest period, the company sold 168,000 tons of potash at an...

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Karnalyte and Gujarat Cease Negotiations

Karnalyte Resources Inc of Calgary, AB has anounced the cessation of negotiations with Gujarat State Fertilizers and Chemicals Ltd in respect of the proposed US$700 million financing for phase I of the company’s potash mine at Wynyard, SK. The companies were unable to agree on certain governance matters and the terms upon which Karnalyte’s secondary...

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Mosaic Shutters Colonsay Potash Mine until 2017

The Mosaic Co of Plymouth, MN has idled its 2.6 million tonnes/year Colonsay, SK potash mine for the remainder of 2016. The move is intended to allow Mosaic to meet customer demand while adapting to challenging potash market conditions. The company says that its lower-cost Esterhazy and Belle Plaine mines, in combination with current inventory,...

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Canada Establishes New Air Quality Regs for Industry

The Government of Canada has announced plans to limit air pollution from a broad range of industries as part of its Air Quality Management System. The government has established emissions standards for hundreds of industrial facilities that will be implemented through a variety of measures, including codes of practice, guidelines, performance agreements, and pollution prevention...

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