BHP Billiton Targets Network of Huge Mines in Saskatchewan

The StarPhoenix reported that BHP Billiton (NYSE:BHP) is looking at building five more potash mines the size of the Jansen project.

The market news is quoted as saying:

Tim Cutt, president of diamond and specialty products for the world’s largest mining company, told a Greater Saskatoon Chamber of Commerce luncheon that exploration is progressing well at other potential mine sites in Young and Melville. The Jansen project, which is east of Lanigan, would be the largest potash mine in the province if developed, producing a maximum of eight million tons per year of the fertilizer staple.

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