BHP Billiton may 'mothball' Jansen mine in Sask. if potash prices don't rebound

Image Courtesy of CBC News
Image Courtesy of CBC News

By Francois Biber, CBC News,  Aug 17, 2016

Mining CEO says a decision will come after 2018-2019

Despite heavy losses and stagnant potash prices BHP Billiton, the world’s largest mining company says its continuing ahead with its Jansen potash mine in Saskatchewan — but that doesn’t mean the company will start mining potash as soon as it can.

But whether or not BHP will mine potash from the Jansen site will depend on whetherpotash prices rebound.

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