Archive | Saskatchewan Mining

Nutrien aims for ‘mine of the future’ as Cory operation marks 50 years of potash – by Alex MacPherson (Saskatoon StarPhoenix – August 13, 2019)

https://leaderpost.com/

The visible portion of a Saskatchewan potash mine is dwarfed by what lies beneath the sun-baked prairie.

The gate clangs shut, blotting out most of the summer light filtering into the headframe. Gloved hands reach up to switch on headlamps; the beams jitter across the walls, echoing the nervous energy inside the cage as it descends into the blackness below.

For all the size and complexity of its surface operations — a vast network of mills, conveyors, warehouses and loading facilities — the visible portion of a Saskatchewan potash mine is dwarfed by what lies beneath the sun-baked prairie.

It’s like a small city, mine general manager Leon Boehm said as he drove an electric vehicle through the sweltering underground air toward one of the Cory mine’s active faces, the business end of Saskatchewan’s most iconic natural resource extraction industry. Continue Reading →

Washington continues critical inquiries into rare earths and uranium supply chains – by Greg Klein (Resource Clips – July 15, 2019)

http://resourceclips.com/

While somewhat relaxing its concern about uranium, the U.S. appears increasingly worried about rare earths supply. A Reuters exclusive says Washington has begun an inventory to itemize domestic RE projects.

“The Pentagon wants miners to describe plans to develop U.S. rare earths mines and processing facilities, and asked manufacturers to detail their needs for the minerals, according to the document, which is dated June 27,” the news agency reported.

“Responses are required by July 31, a short time frame that underscores the Pentagon’s urgency.” The request mentions the possibility of investment by the military, Reuters added. Continue Reading →

Saskatoon: Cameco encouraged as Trump ends fears of uranium import restrictions – by Chelsea Laskowski (CBC News Saskatoon – July 15, 2019)

https://www.cbc.ca/news/canada/saskatoon/

In a memorandum late Friday, U.S. President Donald Trump rejected restrictions on foreign uranium imports

Saskatoon-based uranium mining company Cameco is breathing a sigh of relief after U.S. President Donald Trump declined to put restrictions on uranium imports from other countries in a memorandum sent Friday.

“I wouldn’t say it was a surprise, but we were certainly pleased,” said Jeff Hryhoriw, director of government relations and communications with Cameco.

Uranium producers in Canada had been watching the U.S. closely for the past year as that country’s Commerce Department started investigating whether restrictions on uranium imports were necessary to maintain national security. Continue Reading →

Nutrien says 34 workers trapped in Sask. potash mine now safely back on surface (Financial Post/Canadian Press – July 4, 2019)

https://business.financialpost.com/

A spokesman said the workers, who were about a kilometre underground, were safe and had food, water, power and contact with the surface

SASKATOON — A fertilizer company says all 34 people who were trapped deep in a Saskatchewan potash mine for more than a day are now safely above ground.

Will Tigley, a spokesman with Nutrien Ltd., said a service shaft stopped working at its Cory mine near Saskatoon on Tuesday. On Wednesday evening, the staff took a separate elevator normally used to transport potash to the surface.

“We are happy to confirm that we have all of our 34 people above ground,” he said. “For the most part, all of our employees were in good spirits and we got some of our other employees to drive them home to their families.” Continue Reading →

Nutrien pondering potash production increases – by Devan C. Tasa (Humboldt Journal/Yorkton This Week – June 13, 2019)

https://www.yorktonthisweek.com/

Nutrien is considering whether it should increase its potash production capacity by five million tonnes by 2023, then by another five million tonnes after that.

At an event for investors in Toronto on May 28, Susan Jones, Nutrien’s executive vice president for potash, said they have five million tonnes of capacity in place at existing operations that can be quickly brought online with minimal investment if there’s a need.

“In other words, all of this available capacity has already been bought and paid for over the last decade, putting us in a unique position as the only producer with available tonnes to move tonnes into the market quickly, nimbly and flexibly as needed,” she said. Continue Reading →

Port of Saint John becomes exporter of potash despite Sussex mine shutdown (CTV Atlantic – June 11, 2019)

https://atlantic.ctvnews.ca/

Pipelines have been controversial, but the so-called potash pipeline between Saskatchewan and Saint John has been a surprise success story even after our region’s only potash mine ceased production.

When potash mining abruptly came to an end three years ago in the Sussex area, the next domino that was expected to fall was the potash export terminal at the port of Saint John.

“In the worst-case scenario, we saw the potash terminal being mothballed, said Pat Riley of the International Longshoreman’s Association. “Without potash it just does not work.” But it is working, with potash mined in Saskatchewan and shipped by rail to New Brunswick. Continue Reading →

Millions at stake in Sask-Ottawa legal fight over uranium mine cleanup – by Francois Biber (CTV News – June 4, 2019)

https://saskatoon.ctvnews.ca/

The Province of Saskatchewan is suing the federal government for its share of the cleanup costs of what used to be the world’s largest uranium mine.

Saskatchewan has spent $135 million so far with total costs estimated at $280 million; the federal government has spent $1 million, Bronwyn Eyre, Saskatchewan’s minister of energy and natural resources, told reporters during a mine site visit. “I think any fair observer looking at that information would say that is not fair.”

Gunnar Mine, located 25 kilometres south of Uranium City near Lake Athabasca, began as an open pit uranium mine in 1954. It operated underground between 1957 and 1963. Continue Reading →

Estevan mayor criticizes NDP outreach on coal jobs – by Arthur White-Crummey (Regina Leader-Post – May 15, 2019)

https://leaderpost.com/

“It is time to move away from coal, but you don’t move away from the people,” NDP leader Ryan Meili said while pushing the province to support miners during the transition

With Saskatchewan miners facing the economic hammer blow of a looming coal phase-out, NDP Leader Ryan Meili is pushing the province to do more to blunt the damage. But he earned the ire of Estevan’s mayor by supporting the very policy that’s threatening the industry.

“I actually think it’s a good decision. It is time to move away from coal, but you don’t move away from the people,” Meili said. “And that’s what I think Saskatchewan is really missing here. They’re saying it’s someone else’s fault, so we won’t help.”

Mayor Roy Ludwig agreed that the province is dragging its heels, but he had a simple message for Meili: “We would rather keep our jobs, thank you very much.” Continue Reading →

Potash producer Nutrien eyes expansion as BHP ponders entry – by Rod Nickel (Reuters Canada – May 28, 2019)

https://ca.reuters.com/

WINNIPEG, Manitoba (Reuters) – Canada’s Nutrien Ltd, the world’s biggest producer of potash fertilizer, said on Tuesday that it was evaluating whether to expand its annual production capacity by 5 million tonnes after 2023, around the time that metals miner BHP Billiton is considering a move into potash.

In a presentation to investors in Toronto, Chief Executive Chuck Magro said the additional capacity would consist of expansions to existing Canadian mines during the next decade.

Nutrien currently has some 5 million tonnes of idled potash capacity due to soft prices in recent years. Continue Reading →

Who knew? There’s a global helium shortage — and it could pop more than balloons – by Gabriel Friedman (Financial Post – May 21, 2019)

https://business.financialpost.com/

But out of the vastness of southwestern Saskatchewan, a solution is emerging

Out of the vastness of southwestern Saskatchewan, a solution is emerging to a little-discussed problem — a gap in the global helium supply chain.

In recent years, as fears of a helium shortage creeped up, prospectors have journeyed to the Canadian heartland and drilled deep into the earth in search of helium; and at least one company there has already started commercially producing gas.

The ramifications of a helium pinch came into focus earlier this month when New Jersey-based Party City announced it had raised prices in certain categories of balloon in the face of “helium headwinds.” Its chief executive said “mother nature” would determine whether there’s enough helium to meet the company’s demand; and he demurred on whether prices would ever come down. Continue Reading →

Saskatchewan giving early consideration for small nuclear reactors – by David Baxter (Global News – May 16, 2019)

https://globalnews.ca/

Saskatchewan Premier Scott Moe has found anti-carbon tax allies in Ontario Premier Doug Ford and New Brunswick Premier Blaine Higgs. Moe said they have been discussing another power option too, small modular reactors.

Moe said talks around the technology are in the very early stages, but the door appears to at least be open a crack for the prospect of nuclear power in Saskatchewan.

“That’s not saying we’re moving ahead with that but we most certainly want to have the conversation around the clean supply of nuclear power in the province,” Moe said. Continue Reading →

BHP admits it ‘over-invested’ in Jansen mine – by Alex MacPherson (Saskatoon StarPhoenix – May 15, 2019)

https://thestarphoenix.com/

However, the company’s CEO told investors this week, it still considers the project east of Saskatoon ‘attractive.’

BHP “over-invested” in its massive Jansen potash mine, currently under construction east of Saskatoon, the Anglo-Australian company’s chief executive told investors this week.

However, Andrew Mackenzie said during a mining conference in Barcelona, BHP still considers the project “attractive” even though no final decision about its future has been made.

BHP has committed around US$3.9 billion to the project, but Mackenzie confirmed this week that it remains “uncertain” when the company’s board will make a decision about whether to proceed further. Continue Reading →

[Saskatchewan] ‘The sky’s the limit’: mining industry given boost through incentive – by Taylor Braat (Global News – May 7, 2019)

https://globalnews.ca/

An incentive for the mineral industry is increasing the amount of drilling activity in an area near Creighton, creating opportunities for future mining investment in Saskatchewan. The Targeted Mineral Exploration Incentive (TMEI) is part of the province’s Mineral Development Strategy, announced in 2017.

The 2019-20 budget supports the strategy by providing the overall funding level for the TMEI program, which is established on an annual basis, to a maximum of $750,000 per year.

Seven successful applications were received for the 2018-19 incentive program, indicating a total of 110 new drill holes, and proposed expenditures of more than $6.5 million in the eligible area. “We’re very pleased to see that there have been some positive developments out of this,” said Minister of Energy and Resources Bronwyn Eyre. Continue Reading →

Exploration incentive boosts mining investment and activity in Saskatchewan (Yorkton This Week – May 7, 2019)

https://www.yorktonthisweek.com/

The Targeted Mineral Exploration Incentive (TMEI) is leading to increased drilling activity for base metals, precious metals and minerals in a defined target area near Creighton and creating tangible opportunities for future mining investment in Saskatchewan.

Developed in consultation with industry, TMEI is part of the Government of Saskatchewan’s Mineral Development Strategy announced in 2017. The 2019-20 Budget continues to support this strategy by providing the overall funding level for the TMEI program, which is established on an annual basis, to a maximum of $750,000 per year.

Seven successful applications were received for the 2018-19 incentive program, indicating a total of 110 new drill holes and proposed expenditures of more than $6.5 million in the eligibility area. Some examples of metals and minerals being explored for include: copper, gold, nickel and zinc. Eligible companies will receive a grant of up to $50,000 per year for drilling in the target area. Continue Reading →

Sponsored Content: Little House of Gold on the Prairie: Gold Exploration in Saskatchewan (Investing News Network – April 24, 2019)

Investing Network News

Gold exploration in Saskatchewan is an overlooked but promising segment of the industry in a stable jurisdiction with the least amount of regulatory uncertainty of any Canadian province.

When discussing mining in Saskatchewan, uranium and potash take most of the attention and there is good reason why. Saskatchewan’s uranium and potash reserves are of global significance. Resource size, purity and accessibility are key to Saskatchewan’s C$6.7 billion in mineral sales last year.

Gold exploration in Saskatchewan would seemingly be an afterthought. After all, Ontario and Quebec produced roughly 75 percent of Canada’s total gold in 2017. By comparison, Canada’s prairie provinces of Alberta, Saskatchewan and Manitoba produced a mere 3.8 percent combined. A 2012 report into Saskatchewan’s gold potential reveals just how underexplored the province is despite historic and current operations. Continue Reading →