Nutrien’s president and CEO says 2020 will go down as one of the most challenging years in recent history. But as he looks towards 2021, he says we can see prospects of a much better year both socially and economically. Having said that, Chuck Magro also notes that the company achieved excellent progress in all […]
With a second wave of COVID-19 hitting the country, a report from Scotiabank shows Saskatchewan is handling several economic areas quite well with a lot of credit going to the fact the province has done a good job in containing the virus. The Scotiabank Provincial Outlook shows that while the province is getting hurt by […]
The final decision on whether to keep going on the Jansen potash project has yet to be made. BHP Billiton’s board will hear the final investment decision in the middle of next year. Acting manager of corporate affairs for potash, Chris Ryder, says it was originally scheduled for February but there have been a few […]
The Government of Saskatchewan’s Subsurface Mineral Crown Disposition Public Offering raised $169,878 in revenue on Monday. This is the first subsurface mineral offering of the 2020-21 fiscal year. There were 81 subsurface mineral permit blocks posted, totalling 141,640.79 hectares. Of the 81 blocks posted, 16 received bonus bids and consisted of 51,917.96 hectares. Sun Valley […]
It’s not news workers at the Mosaic potash mine in Colonsay wanted to hear. The union representing workers at the mine say the company has offered their most senior members a buyout package, with a skeleton crew expected to be in place until the end of 2020. United Steelworkers Local 7656 President Barry Moore says […]
No one was hurt as three storage tanks started on fire at the Nutrien Potash mine near Vanscoy. The fire began at around 10:00 PM Saturday, and caused Saskatoon Fire Department to be deployed. Nutrien spokesperson Will Tigley said they continue to monitor and manage the fire. “The situation has improved over the past day, […]
According to Statistics Canada preliminary trade data 2019, Saskatchewan exported nearly $30 billion worth of products to international markets in 2019 and continued to provide the food, fuel and fertilizer the world needs. While strong, the numbers are still a three percent drop from 2018 numbers due mainly to trade actions by China which resulted […]
An excess of potash, a competitive position in nitrogen and a recovery in agriculture were some of the keys to Nutrien President and CEO Chuck Magro’s presentation at the 29th Global Metals and Mining Conference held Tuesday in Florida. After what Magro called a tough 2019, a year he says saw the market conditions eliminate […]
A rebound in global agricultural markets is expected to drive better returns this year after a difficult fourth quarter for fertilizer company Nutrien Ltd., its CEO said Thursday. The last three months of 2019 featured ongoing challenges including geopolitical issues and short-term weather anomalies, said Chuck Magro on a conference call to discuss the Saskatoon-based […]
The Mayor of Colonsay says the future of his town is in limbo after the idling of the Mosaic potash mine indefinitely. Jim Gray says the roughly 80 workers who have been laid off has forced businesses to close within the community. The only business that will remain in good shape is the Co-op as […]
