By CBC News, September 16, 2016 Provincial GDP should return to positive growth in 2017, bank says Saskatchewan will likely experience another year of negative economic growth in 2016 as well as unemployment levels that haven’t been seen for two decades, a Royal Bank report says. According to a quarterly forecast released this week by RBC, the… Continue reading Sask. economy expected to shrink 0.9% this year: RBC
Tag: Potash
Union says potash merger 'surprisingly a good thing' for workers
By Dean Guheil, CBC News, September 13, 2016 United Steelworkers does not expect new potash giant to adversely affect 2,000 workers A United Steelworkers spokesperson says the merger of PotashCorp and Agrium is a good news for more than 2,000 unionized workers in Saskatchewan. “Usually when we hear of a merger or an acquisition it usually… Continue reading Union says potash merger 'surprisingly a good thing' for workers
Potash merger 'looks quite positive' for Sask.: Wall
By The Canadian Press, September 12, 2016 Premier Brad Wall says the merger of Potash Corp. of Saskatchewan and Agrium looks good for Saskatchewan’s interests. The deal brings together Saskatoon-based PotashCorp’s huge fertilizer mining operations — the world’s largest by capacity — with Calgary-based Agrium’s extensive global direct-to-farmer retail network. The deal still has to… Continue reading Potash merger 'looks quite positive' for Sask.: Wall
Potash Corp. of Saskatchewan and Agrium agree to merge
By The Canadian Press, September 12, 2016 CALGARY — Potash Corp. of Saskatchewan and Agrium have agreed to merge in a deal that would create a global agricultural giant worth an estimated US$36 billion. The deal would bring together Saskatoon-based PotashCorp’s huge fertilizer mining operations — the world’s largest by capacity — with Calgary-based Agrium’s… Continue reading Potash Corp. of Saskatchewan and Agrium agree to merge
Rocanville, Sask. potash miners trapped underground after earthquake
By The Canadian Press, September 7, 2016 Earthquake knocked out power to hoist, workers stayed in refuge station Dozens of miners were stuck underground in southeast Saskatchewan when a magnitude 3.8 earthquake hit early Monday morning. Earthquakes Canada said it happened around 4:40 a.m. CST, and was centred about 32 kilometres east-southeast of Yorkton. The Potash… Continue reading Rocanville, Sask. potash miners trapped underground after earthquake
Potash developments spark Saskatchewan political fight
By Jennifer Quesnel, CBC News, August 31, 2016 NDP Opposition critical of move to allow Chinese government-owned Yancoal to mine Sask. potash As PotashCorp and Agrium enter negotiations on a possible merger, Saskatchewan political leaders can agree on one thing: they want to keep jobs in Saskatchewan, and keep potash royalties streaming into provincial coffers. They… Continue reading Potash developments spark Saskatchewan political fight
BHP Billiton may 'mothball' Jansen mine in Sask. if potash prices don't rebound
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… Continue reading BHP Billiton may 'mothball' Jansen mine in Sask. if potash prices don't rebound
No quick end to potash doldrums in Sask. as capacity ramps up
By Ian Bricks, The Associated Press, August 15, 2016 CALGARY — Oil’s downfall may get more attention but the potash industry that forms the bedrock of the Prairie mining industry is going through its own bust — and analysts say there’s no quick recovery in sight. Potash, the lightly coloured mineral used as a crop… Continue reading No quick end to potash doldrums in Sask. as capacity ramps up
Hundreds being laid off at Colonsay potash mine, union says
By Karyn Mulcahy, CTV News, July 13, 2016 The union representing workers at the Mosaic Potash Mine at Colonsay says hundreds of workers are being laid off. The United Steel Workers Local 7656 says there are 400 hourly workers on site, and all but 32 may be laid off. Members voted against a contract on… Continue reading Hundreds being laid off at Colonsay potash mine, union says
Construction on the Legacy potash mine nears completion
By CTV News Regina, June 21, 2016 Construction on the K+S Potash Canada Legacy mine near Bethune is now in the home stretch. The mine, which is the largest construction project currently underway in Saskatchewan, is on track to be completed by the end of the year. “We are reaching the final milestones on the… Continue reading Construction on the Legacy potash mine nears completion