Saskatchewan Mining News

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.

Mosaic to reopen Colonsay potash mine in a matter of days

Decision to resume operations at the mine was based on Mosaic's expectations that 2017 will be a stronger year for the potash industry.

Encanto Potash up on offtake deal with Indian co-op

Agreement paves the way for Encanto to move from a previously announced memorandum of understanding to a commercial marketing and distribution contract with MTTC, one of the world’s top potash buyers.

De Beers quits search for diamonds in Saskatchewan 

The world's largest diamond company has been exploring for kimberlites north of the decommissioned Cluff Lake uranium mine.

Miners trapped at Canada’s Allan potash mine rescued and safe

The 114 miners who were trapped underground following a fire are now home and operations will resume today.

Gensource Potash, Essel Group to jointly develop small potash mine in Saskatchewan

The agreement is EGME's second significant investment in the potash industry. In 2015, it acquired the exploration license for the Bada mine in Eritrea.

Potash Corp cuts production, lays off 140 from Cory mine

The company also said it expects layoffs resulting from temporary production halts at its Lanigan and Allan mines in early 2017.

Canada to fully phase out coal power by 2030

Gov’t will work with the four provinces that still burn coal to reach the goal of making sure 90% of Canada's electricity comes from sustainable sources by 2010.

Aussie iron ore magnate Rinehart invests in UK's biggest potash mine

Sirius Minerals’ York mine is expected to be one of the world’s largest in terms of the amount of resources extracted, generating an initial 10 million tonnes of polyhalite per year.

ISS gives Potash Corp-Agrium merger its blessing

The deal, the biggest Canadian merger since CNOOC Ltd. bought Nexen Energy ULC in 2013, would create the world’s largest crop-nutrient supplier, worth about $36 billion.

Enbridge selling major Saskatchewan pipeline system in Cdn$1 billion deal

Cash from the sale will be used to proceed with the takeover of Spectra Energy and fund other growth projects.

Potash Corp. and Agrium merge, create $36bn fertilizer giant

The combined firm will be the world's largest crop nutrient producer and third largest natural resource company in Canada.

Uranium mining in Canada one of the world’s cleanest — study

New study shows that mining and milling uranium contributes very few greenhouse gases to the total emissions produced by nuclear power generation.