BHP has announced the Jansen Potash Mine in Saskatchewan and will be moving ahead. This decision marks the single largest economic investment ever made in Saskatchewan’s history. BHP’s decision is a milestone for Saskatchewan as the company will invest a total of $12 billion to complete the Jansen project. To date, approximately $5 billion has… Continue reading Jansen Potash Mine Project is Largest Investment In Saskatchewan’s History
Tag: Potash
Producers not happy with changes to Saskatchewan’s potash production tax
Source: David Giles and David Baxter, Global News, March 21, 2019 Producers are not happy with changes to Saskatchewan’s potash production tax. Finance Minister Donna Harpauer said credits and deductions to the potash production tax will be eliminated on April 1. Harpauer said the original intent of the base component of the tax was to provide a simple flat payment per… Continue reading Producers not happy with changes to Saskatchewan’s potash production tax
Nutrien considers closing less-profitable Sask. potash mines
Source: David Shield, CBC News, February 6, 2018 Ag company plans to find $500M US in savings by end of 2019, could shift operations to mines like Rocanville As the newly-created agricultural company Nutrien searches for cost savings, less-profitable potash mines in Saskatchewan might be phased out. During the company’s fourth quarter financial call, the… Continue reading Nutrien considers closing less-profitable Sask. potash mines
Province must be ‘vigilant’ in monitoring Nutrien’s corporate presence in Sask., says Brad Wall
Source: Guy Quenneville, CBC News, January 4, 2018 Premier ‘cautiously optimistic’ about company’s plans to remain rooted in Saskatchewan Premier Brad Wall says the Saskatchewan government will have to be “vigilant” about tracking fertilizer giant Nutrien’s corporate presence in the province. Speaking to reporters Thursday, Wall said he’s “cautiously optimistic” the company will keep promises he… Continue reading Province must be ‘vigilant’ in monitoring Nutrien’s corporate presence in Sask., says Brad Wall
PotashCorp-Agrium merger finally official, Nutrien starts trading today
Source: CBC News, January 2, 2018 Company to begin trading under ticker symbol NTR today The merger of two of Canada’s biggest fertilizer names became official on Tuesday, as shares in Nutrien Ltd. will commence trading on the TSX on Jan. 2, born out of the combined ashes of PotashCorp and Agrium. “Today we are… Continue reading PotashCorp-Agrium merger finally official, Nutrien starts trading today
Agrium, PotashCorp merger will ‘impact the entire industry,’ including thousands of farmers: prof.
Source: CBC News, December 27, 2017 Merger to form Nutrien, world’s largest nutrient company, slated to close Jan. 1 A mammoth merger between the world’s largest potash producer and a major agricultural and chemical company is slated to close Jan. 1. The merger between PotashCorp and Agrium — which will combine to make Nutrien — received its final… Continue reading Agrium, PotashCorp merger will ‘impact the entire industry,’ including thousands of farmers: prof.
More than 30 train cars carrying potash derail southeast of Saskatoon
Source: Alicia Bridges, CBC News, September 15, 2017 CP Rail investigating derailment near Blucher, Sask., Friday morning Canadian Pacific Railway says it’s not yet clear what caused about 35 train cars carrying potash to derail southeast of Saskatoon Friday morning. Nobody was injured in the derailment just west of Blucher, Sask., at about 7:55 a.m. CST. CP media spokesperson Martin Cej… Continue reading More than 30 train cars carrying potash derail southeast of Saskatoon
Agrium and PotashCorp merger will be delayed by trade negotiations
Source: CBC News, September 7, 2017 Nutrien merger deal now expected to close in 4th quarter of 2017 A deal that will bring together two massive agriculture companies is expected to be delayed by trade issues. A corporate merger between PotashCorp and Agrium is now expected to close by the end of the fourth quarter… Continue reading Agrium and PotashCorp merger will be delayed by trade negotiations
Stakeholders approve PotashCorp, Agrium merger
By CBC News, November 3, 2016 Deal expected to close mid-2017 Stakeholders of PotashCorp and Agrium have given their overwhelming support for a merger. In a special meeting held Thursday, 59 per cent of PotashCorp shareholders gave their say on the proposed deal. More than 99 per cent of those shareholders voted in favour of… Continue reading Stakeholders approve PotashCorp, Agrium merger
Tough farm conditions right time for Potash merger – Agrium CEO
By Rod Nickel, Reuters News Agency, The Western Producer, September 20, 2016 Sept. 20 (Reuters) – Plunging crop and fertilizer prices may not have hit rock bottom yet, and the market’s weakness makes it the right time to merge leading farm input suppliers, the chief executive officer of Agrium Inc said on Tuesday, making his pitch… Continue reading Tough farm conditions right time for Potash merger – Agrium CEO