K + S OKs C$3.35bn Saskatchewan Potash Mine

Mining Weekly reported that K + S Aktiengesellschaft (ETR:SDF) is planning a larger potash mine in Saskatchewan, pushing the cost of the project up.

As quoted in the market news:

K+S bought the Legacy project through its C$434-million year-ago acquisition of Potash One, which had in a feasibility study predicted a $2.5-billion mine that would produce 2.7-million tons.

Click here to read the full Mining Weekly report.