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Author: Starrob Big funky green star, 20000 posts Top Favorite Fools Old School Fool Global Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 47  
Subject: BHP's Jansen potash project at risk Date: 8/22/2012 9:06 AM
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Kick the competition further down the road:

"Top global miner BHP Billiton may put three mega projects on hold on today, including its Jansen potash project east of Saskatoon, when it is expected to report its first annual profit fall in three years in the face of rising costs and falling commodity prices.

The Jansen project is a proposed 8.0-million-tonneper-year underground potash mine located 140 kilometres east of Saskatoon.

If Jansen is delayed it will be the second Saskatchewan mega mine project postponed in less than a week.

Last week Brazil's Vale SA announced it will postpone a $3-billion US fertilizer project near Kronau. Vale was proposing plans for a 2.9-million-tonne-per-year solution potash mine near Kronau, about 30 kilometres southeast of Regina."

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