BHP Billiton invests additional $488m in Jansen potash project
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BHP Billiton invests additional $488m in Jansen potash project

Saskatoon : Canada | Jun 23, 2011 at 9:41 PM PDT
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The Star Phoenix reports on Thursday BHP Billiton plans to spend an additional $488 million at its Jansen potash project east of Saskatoon, Canada bringing the company’s total investment to $1.2 billion.

If converted to a mine Jansen would have a maximum operational capacity of eight million tonnes per year and would cost an estimated $12 billion. Production could start in 2015 with an estimated life of mine of 70 years.

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  • BHP Billiton invests additional $488M in Jansen

      Star Phoenix
    BHP Billiton plans to spend an additional $488 million US at its Jansen potash project, the mining firm announced Thursday. The funds, referred to by the company as pre-commitment capital, will be used for site preparation and the purchase of long...
  • BHP earmarks $488-million for Jansen potash project

      The Globe & Mail
    BHP Billiton BHP-N said Thursday that it has approved $488-million (U.S.) in spending to help develop its Jansen potash project in Saskatchewan. The money will be used for site preparation and to buy long lead time items during the project's...
  • BHP hit with cost blowout at aluminium project

      Sydney Morning Herald
    The complexity of expanding the refinery has resulted in significantly lower levels of construction progress than previously anticipated, while broader inflationary pressures and the strengthening of the Australian dollar have also contributed to the...
  • BHP, Vale ramp up push into Potash business

      The Globe & Mail
    The Australian-based miner also said it's aggressively pursuing development of other potash projects in the province that have the potential to some day make it one of the world's largest producers of the coveted crop nutrient. N said late Wednesday...
  • BHP invests $488M in project

      Star Phoenix
    The new capital will be used to develop the Jansen site, but the property 30 minutes east of Lanigan and Humboldt isn't the only potash project that is part of BHP Billiton's long-term plans. Graham Kerr, outgoing president of the firm's diamonds and...
  • Worsley refinery costs explode

      The Age
    Story continues below Separately, BHP has committed $US488 million for early-stage development of its new potash business, initially involving the planned development of the Jansen project in Canada at an annual rate of 8 million tonnes a year. It...

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