Nutrien Ramps Down Saskatchewan Potash Production

Nutrien Ltd of Saskatoon, SK plans to proactively take up to eight-week inventory shutdowns at its Allan, Lanigan, and Vanscoy potash mines in Saskatchewan during the fourth quarter of 2019. The company says that the shutdown time is in response to a short-term slowdown in global potash markets. If all three potash facilities were to...

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Nutrien Revenue Boosted by Higher Potash Prices

Nutrien Ltd of Saskatoon, SK has reported second quarter 2019 net earnings from continuing operations of US$858 million, up from US$741 million in the second quarter of 2018. The company’s consolidated sales increased from US$8.10 billion to US$8.66 billion. Nutrien’s Potash business contributed net sales of US$848 million, up from US$638 million in the same...

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Intrepid Potash Reports Good Results Despite Record Wet Weather

Intrepid Potash Inc of Denver, CO has reported a second quarter net income of US$5.6 million on gross sales of US$65.5 million compared with a net loss of US$1.0 million on gross sales of US$51.0 million in the second quarter of 2018. During the latest period, the company sold 95,000 tons of potash at an...

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Gensource Reaches Financing Milestone for Vanguard Project

Gensource Potash Corp of Saskatoon, SK has reached a significant milestone in the financing of its initial project, a small-scale potash production facility within its wholly-owned Vanguard Area in central Saskatchewan. The company says that it has received letters of intent from KfW IPEX-Bank of Germany and Export Development Canada. Gensource adds that it is...

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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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