Potash Predicts Delays to BHP Jansen Mine
May. 11, 2012 02:20PM PST
Potash InvestingThe Australian reported that Potash Corp. (NYSE:POT) thinks Saskatchewan’s Jansen potash project may be slated for delays.
The Australian reported that Potash Corp. (NYSE:POT) thinks Saskatchewan’s Jansen potash project may be slated for delays.
As quoted in the market news:
Potash chief executive Bill Doyle told the Financial Post BHP could not make the numbers work on the Jansen development, a project that will take BHP into a new industry. It is a project BHP has pursued with vigour since failing in its $40bn bid for Potash in 2010 after hitting political roadblocks.