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Saskatchewan Government Waiting on BHP’s Jansen to Make Tax Decision

Investing News Network
Dec. 19, 2012 07:33AM PST
Potash Investing

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.

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.

To view the whole Mining Weekly report, click here.

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