Mining Weekly reported that the government of Saskatchewan is delaying a decision on how to tax potash miners as they wait to see if BHP Billiton will proceed with their Jansen potash project.
As quoted in the market report:
We’re going to monitor the market behaviour, and if there’s change in the market structure we’ll take a look at that,” Kent Campbell, Saskatchewan’s deputy minister of energy and resources, said in an interview with Reuters. “If there’s a whole bunch of production that comes on, that could change the nature of the market.
Gensource Potash Corporation (TSXV:GSP) is focused on becoming Saskatchewan’s first vertically-integrated potash producer and has developed a unique business plan which will allow it to take advantage of the opportunities that exist in the potash industry.
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