Fertilizer production at the Bethune potash mine is projected to double over the next couple decades. K plus S Group has released a global strategy for the relatively new Bethune mine northwest of Regina. The final production capacity is intended to grow continuously over the next few couple decades, and is currently targeted toward […]
The Saskatchewan government says the potash industry hit all time record highs last year, with production reaching 14.2 million tons. As well, potash sales hit 7.6 billion dollars. Potash is an important fertilizer for farmers in many parts of the world. Energy and Resources minister Bronwyn Eyre says more than 30 billion dollars has been […]
The economic landscape in 2022 is a lot brighter for Saskatchewan as compared to 2021 according to an RBC provincial outlook. Saskatchewan is set to lead the nation with a change of 5.6 percent in the GDP. RBC Economist Robert Hogue says a reason for the growth in 2022 is because of the slower than […]
The province is releasing its first quarter update and it shows the deficit now stands at $2.74 billion after a jump of $126 million. The reason for the jump is the government doing what it can to provide agricultural support to address wide-spread drought conditions. “Recent commitments to help our farmers through the emerging drought, […]
Saskatchewan’s economy received some wonderful news earlier this morning. BHP announced early Tuesday morning that they will be moving ahead with the Jansen Potash Mine project, making it the single largest economic investment in the province. The announcement is a milestone for the province, as BHP will be investing a total of $12 billion to […]
BHP has announced that it will be going ahead with the first phase of the Jansen potash mine in eastern Saskatchewan. In a release issued early Tuesday morning, the company said it will invest $7.5-billion into the first stage of the mine. The single largest private sector investment in Saskatchewan’s history. The first stage is […]
Saskatoon-based Nutrien has announced record earnings for the second quarter of this year and for the first half of 2021. Second quarter net earnings were 1.1 billion dollars. Nutrien president Mayo Schmidt says the company expects to set a new earnings record for the entire year. He says the outlook for global crop and […]
Saskatoon-based Nutrien is expecting record potash sales this year. Nutrien has outlined stronger than expected earnings in the first half of this year because of strong global fertilizer markets. First half of 2021 net earnings are estimated at 2.30 to 2.50 per share, up 30 cents per share from a previous estimate. Nutrien says […]
Some good news from Nutrien on Monday morning. The fertilizer giant plans on increasing potash production in the second half of 2021 by roughly half a million tonnes. Production from the company’s six potash mines is already fully committed through September, based on its original production guidance for 2021. Nutrien plans to add employees to […]
There are reports suggesting BHP is speaking with Nutrien about a potential partnership in the Janzen potash mine. According to some familiar with the matter, several options are being discussed with one of them seeing Nutrien operate the facility and sell the potash through its existing channels. The Janzen mine has been one that BHP […]
