Manitoba’s first potash mine looks to spread the wealth

Manitoba’s first potash mine looks to spread the wealth

Company breaks new ground with its unconventional approach to community economic development

It’s been decades in the works, but Manitoba’s first potash mine has cleared red tape and is on course to start production this fall. In June, the provincial government announced that the Potash and Agri Development Corporation of Manitoba (PADCOM) had been granted all necessary permissions to start extraction and production in western Manitoba at its site 16 kilometres west of

(PortofThunderBay.com)

Thunder Bay grain exports picking up

MarketsFarm — Grain movement through the Port of Thunder Bay picked up in June, although total grain exports through the facility on the north shore of Lake Superior remain well off the year-ago level. A total of 625,741 tonnes of grain were shipped during the month, marking the first time of the season that grain


“Our government is proud to announce PADCOM has received all required approvals to move Manitoba’s first potash mining operation into production.” Manitoba Premier Heather Stefanson.

Manitoba potash production clears regulatory hurdles

Site near community of Harrowby gains environmental approval and mineral lease from province

Manitoba could soon be getting its first potash mine. The provincial government announced formal approval recently to allow the Potash and Agri-Development Corporation of Manitoba (PADCOM) to start extraction and production in western Manitoba near Russell. Premier Heather Stefanson made the announcement in Toronto June 14 at the Prospectors and Developers Association of Canada conference.



Nutrien’s head office building in Saskatoon. (Liam O’Connor photo)

Nutrien to further boost potash output amid global shortage

Company will also speed up nitrogen capacity boosts

Reuters — Nutrien, the world’s largest fertilizer producer, said Thursday it will increase its Canadian potash production by 20 per cent to an annual 18 million tonnes by 2025, helping to address tight supplies that have contributed to a global food shortage. Potash prices have soared since the West imposed sanctions against Russia for Moscow’s




(Nutrien video screengrab via YouTube)

Nutrien bolsters profit forecast on surging fertilizer prices

Fertilizer sector set for biggest profits in years

Reuters — Nutrien Ltd. on Monday raised its full-year earnings forecast well above estimates after posting a more than 10-fold jump in first-quarter profit, as the world’s largest fertilizer company benefits strongly from soaring prices of crop nutrients. Prices of essential crop nutrients such as potash and phosphate skyrocketed in the quarter, touching near-record levels,


China sees little impact from sanctions on potash exports

China sees little impact from sanctions on potash exports

Sanctions on exports of potash fertilizer from Belarus and Russia are not impacting supply in China, an executive from state-owned fertilizer maker Sinofert Holdings said, due to sufficient domestic stocks. Belarus and Russia are among the world’s top three producers of potash, and China is a major importer. Exports from Belarus were sanctioned by Washington

(Dave Bedard photo)

Saskatchewan budget aims to spur ag investment

Potash, crude oil resource revenues help cut deficit

Sweetening existing tax credits on big-ticket investments, and setting up a new Crown corporation to support Indigenous investors, are among the items expected to help encourage new value-added ag projects in Saskatchewan’s latest budget. Provincial Finance Minister Donna Harpauer on Wednesday released her 2022-23 budget with $17.6 billion in expenditures on $17.2 billion in revenues,