Saskatchewan Mining News

Activist investor Elliott calls BHP potash plans ‘disastrous’

Hedge fund manager says expanding into the currently over-supplied fertilizer market is just a bad idea.

BHP to speed up Jansen development as potash demand to double by 2040

The world's largest miner believes potash will be a $50 billion market by the late 2040s.

Denison Mines granted fresh 10-year licence for Saskatchewan uranium operations

The permit renewal comes only a year after the miner obtained regulatory approval from the Canadian Nuclear Safety Commission to rise annual uranium production capacity from 13 million to 24 million pounds.

Potash Corp. and Agrium merged firm to be called Nutrien

The firm will be world’s largest potash miner and No.2 nitrogen fertilizer producer.

BHP to grow potash business to size of iron ore — report

Timeline-wise, the world's largest miner expects to achieve that goal in about 50 years.

Most potash shipped through Thunder Bay in a decade

According to the Thunder Bay Port Authority, 134,000 tonnes of potash crossed its docks into ships en route to ports in Brazil and Europe.

Gensource confirms the future of potash production with one feasibility study

Gensource Potash’s feasibility study (FS) was largely in line with its preliminary economic assessments (PEA), validating the robust economics of Vanguard 1.

Eagle Plains begins fieldwork on Orchid gold project, Saskatchewan

Project is located 120km east of La Ronge, and 70km south of Silver Standard Resource’s Seabee Gold Operation.

BHP likely to open Jansen potash mine in Canada by 2023

Company could seek approval from the board for Jansen's expansion as early as June 2018, said chief executive Andrew Mackenzie.

Skyharbour to drill AREVA-backed property this summer

The action is heating up in Saskatchewan's Athabasca Basin with one of the major exploration players in the region, Skyharbour Resources (TSXV:SYH), announcing last week that its option partner Azincourt Uranium (TSXV:AAZ) will be starting a new exploration this summer.

Cameco continues to explore Athabasca Basin through CanAlaska deal

Top Canadian uranium producer Cameco (TSX:CCO) has just signed an agreement with CanAlaska Uranium (TSXV:CVV) to conduct exploratory drilling at the West McArthur uranium project, 15 kilometres from its majority-owned McArthur River uranium mine.

PotashCorp says expected sector recovery has already begun

The Canadian miner, the world’s largest producer of the fertilizer by capacity, expects strong demand to continue this year as North American farmers seek to replenish soil nutrients after record harvests.

Another potash mine coming soon to Canada’s Saskatchewan

Western Potash said it’s moving ahead with its Milestone project, expected to produce 146,000 tonnes of potash annually over 12 years of planned operations.

Potash producer Belaruskali to make new kind of fertilizer — report

The company is also said to be mulling a number of investment projects involving a Chinese chemical company.

Potash junior teams up with Indian conglomerate to build new mine in Saskatchewan

JV company Vanguard Potash Corp would develop a small 250,000 tonnes per annum potash mine, initially.

Rio Tinto may take over Pistol Bay’s uranium assets sooner than expected

The world's second largest miner gave Pistol a $75K cash injection in an effort to own the Saskatchewan-based properties before the end of 2019.

Mosaic to pay hefty fine over accident at its Colonsay potash mine

Mosaic was charged with fines of more than more than $85,000 after a worker's leg was crushed in a conveyer in February 2014.

Explorers frustrated with waiting times for permits in B.C., the Territories

On the level of transparency in the approvals process, jurisdictions in the US, Australia and Scandinavia performed better than Canada, a fresh report by the Fraser Institute, shows.

World’s biggest miner hasn’t given up hope for potash

BHP Billiton still sees potash as a key commodity in which to base its future growth despite prices for the fertilizer remain weak.

Enbridge buys stake in one of Europe’s largest wind parks for $1.7bn

The Hohe See wind park, to be located in the North Sea, has a planned capacity of about 500 megawatts.

Canada’s Cameco posts $62 million loss hurt by sinking uranium prices

Prices for the radioactive metal have fallen more than 50% since the Fukushima disaster in 2011

Cameco to lose $1.3bn as Japan’s TEPCO cancels uranium contract

Tepco’s termination of the contract would affect about 9.3 million pounds of uranium deliveries through 2028, Cameco said.

Potash Corp profit down 70% on weaker prices, expects challenging year ahead

The firm anticipates “challenging market fundamentals” in the phosphate-fertilizer market, adding that it is currently assessing the value of some assets, which may lead to writedowns.

Canadian junior Pistol Bay stock just went ballistic and here’s why

Shares were up more than 45% on Tuesday mid-morning after it announced that joint venture partner Rio Tinto will start drilling for uranium at the company's asset in Saskatchewan.

Cameco shedding 120 jobs at Canadian operations

Cameco (NYSE:CCJ, TSX:CCO) has inflicted more pain on its payroll as Canada’s largest uranium producer struggles amid a flat market for the nuclear fuel.