Saskatchewan Trade and Export Development Minister Jeremy Harrison is leading a delegation on a trade trip to Germany this week. Harrison’s visit is to officially open the province’s latest trade office in Berlin, as well as explore further trade opportunities. “Germany is a manufacturing powerhouse and the fourth largest economy in the world,” Harrison said […]
For the first time in over 50 years of mining, Nutrien mined a production wing at its Lanigan mine with no people present. The Lanigan mine used cutting-edge tele-remote technology, allowing operators to use the mining machine from a remote location, removing them from the active mining area completely. This enables a step change […]
Saskatoon-based Gensource Potash has announced a new business relationship with a direct strategic investment by Nekaneet First Nation. The relationship encompasses equity ownership in Gensource and therefore a direct interest in the development of the Gensource potash projects in Saskatchewan. Gensource has a goal of environmentally-leading modular potash production systems. Gensource has a potash project […]
Potash producer Mosaic has hit the pause button on production at its Colonsay mine. According to the company, the mine had been operating at an annual run rate of 1.3 million tonnes. Mosaic had plans to expand output by late 2023 to 1.8 million tonnes, but says it has enough inventory to meet short term […]
Premier Scott Moe is in Washington, D.C. for a trade mission. He will be trying to sell Saskatchewan’s minerals, and talk global energy concerns. Moe says the U.S. is an important market for Saskatchewan. Exports to the U.S. rose 51 percent from 13 billion dollars in 2020 to almost 20 billion dollars in 2021. […]
You can add another 3.3 million dollars to revenue for the government of Saskatchewan. The government held its subsurface mineral offering this week, selling 10 of these subsurface permit blocks, covering more than 136thousand hectares. The highest bid was $2.7 million from Windfall Resources Ltd. for a 33,704.330 hectare block 30 kilometers north of Moose […]
Saskatoon-based Nutrien has announced net earnings of 1.6 billion dollars for the third quarter, which includes a non-cash impairment reversal of 330 million dollars related to Phosphate operations. President Ken Seitz says Nutrien delivered record earnings on 2022 due to the strength of agriculture fundamentals, higher fertilizer prices and excellent retail performance. During the third […]
—- The Mosaic company has announced a one million dollar investment in Morris Interactive potash digital skills training program for indigenous students. The training program is rooted in reconciliation and targeted toward First Nations, Metis and Inuit individuals. The five year investment follows in-kind support of on site practicums, student mentoring and training content. Mosaic […]
The potash industry in Saskatchewan is ramping up production to meet growing demand amid concern about global food security. Saskatchewan is positioning itself to fill market gaps left by sanctions placed on Russia and Belarus. Nutrien will be ramping up potash capability to 18 million tons by 2025, a jump of more than 5 million […]
Two federal ministers were in Saskatoon Monday to announce Ottawa will help BHP Billiton advance the development of its low emissions potash mine. BHP will invest more than 7.5 billion dollars in Jansen Stage 1 and anticipates the mine to be operational by 2027, with an initial production capacity of 4.3 to 4.5 million […]
