Metals & Minerals
BHP Billiton Moves Forward with Jansen Potash Project in Canada
In one of the biggest moves in the Canadian resource sector this year, BHP Billiton Canada Incorporated announced $2.6 billion in funding for the development of the Jansen Potash Mine
Released Monday, November 18, 2013
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Researched by Industrial Info Resources (Sugar Land, Texas)--In one of the biggest moves in the Canadian resource sector this year, BHP Billiton Canada Incorporated, a subsidiary of BHP Billiton (NYSE:BHP) (Melbourne, Victoria), announced $2.6 billion in funding for the development of the Jansen Potash Mine, which is located 130 kilometers east of Saskatoon in Saskatchewan.
Construction is under way on the Discovery Lodge accommodation camp; when completed, it will house more than 2,500 workers for the Jansen project. The sinking of the service and production shafts is under way, led by DMC Mining (Richmond Hill, Ontario). The shafts will be approximately 6.5 meters in diameter and 1,000 meters deep. The mine shafts are expected to be completed in 2016 and the surface facilities in 2017.
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