RE: Sirius30 Jan 2020 09:41
One of the world’s largest mining companies has struck potash in Saskatchewan.
Five years after committing $2.6 billion to sink a pair of kilometre-deep shafts at its Jansen mine project, BHP confirmed that drilling crews reached potash deposits 924 metres below ground late last month.
While the multibillion-dollar mine has yet to be sanctioned by the Anglo-Australian mining giant’s board, Giles Hellyer, the company’s vice president of potash operations, said reaching potash was a “significant milestone.”
“Shaft sinking is technical and complex,” Hellyer said in an emailed statement.
“The ongoing sinking and completion of the shafts over the next couple of years will help us reduce the development risk of this greenfield project and give us access to what we believe is one of the world’s best undeveloped potash resources.”