Premier Wall says BHP potash project sign of confidence in Saskatchewan economy

AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email by The Canadian Press Posted Aug 20, 2013 1:28 pm MDT Premier Wall says BHP potash project sign of confidence in Saskatchewan economy REGINA – Premier Brad Wall says BHP Billiton’s decision to invest US$2.6 billion in a potash project is a strong vote of confidence in Saskatchewan’s industry.BHP Billiton (NYSE:BHP) says it will develop the Jansen mine, although at a slower pace than previously expected and with the possible addition of a partner.Wall says the Anglo-Australian mining company likes the geology and the economic environment in Saskatchewan.Some financial analysts had said potash projects could be delayed after a Russian company threatened to pull out of a marketing consortium and prices plummeted.Wall says potash can be a volatile industry and there will be some people who are going to over-react.The premier says the Jansen investment is good for jobs and the economy.

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