1 0 C a n adi a n M inin g J o ur n a l J un eJ u l y 2014 w w w c a n adi a nminin gj o ur n a l co m M inin g in t h e P ra ir ies T he G e rma nb as e d minin g co n g l o me r a t e KS Ak ti e n g es e l ls c ha ft o f K as s e l is the w o rl d s l a r g es t s a l t p r o d u ce r a nd a v e r y l a r g e p o tas h p ro d u c e r to o I n fac t the co m p a n y p r o u d ly tr aces i ts co r p o r a t e r o o ts b ac k t o dis co v e rin g p o tas hb e a rin g s a l ts in 1856 a nd the es ta b lis hme n t the r e a ft e r o f the w o rl d s f irs t p o tas h mine I n the ce n t ur y p l us s ince KS o r i ts p r e d e ces s o r co m p a ni es ha v e b e e n min in g p o tas h in G e rma n y b u t ne v e r b e y o nd Tha t is a b o u t t o c ha n g e A s u bs i di a r y co m p a n yKS P o tas h C a nad ais c ur r e n tly d e v e l o p in g the f irs t ne w p o tas h mine in S as k a t c he wa n in 40 y e a rs a nd a t a cos t o f 41 b i l li o n KS a nno unce d the p r o je c t in N o v e m b e r 2011 a nd is o n s c he d u l e t o p r o d u ce i ts f irs t t o nne f r o m the o p e r a ti o n l o c a t e d s o me 60k m no r th o f M o os e J a w in mi d2016 W e l o o k e d a t d ep os i ts a r o und the w o rl d s a y s Dr Ulri c h L a m p p r es i d e n t a nd c hi e f e x e c u tiv e o f f i ce r o f KS P o tas h C a nad a O ur c ho i ce was S as k a t c he wa n W e acq uir e d a r e a l ly ri c h d ep os i t i t s a p o li ti c a l ly s ta b l e j uris di c ti o n a nd o ur in v es tme n ts a r e s e c ur e KS s L egac y P r o je c t as i t is k no w n is j us t o ne o f s e v e r a l ma jo r p o tas h p r o je c ts und e r wa y in the p r o v ince I n fac t i t is no e xa g g e r a ti o n t o s a y tha t S as k a t c he wa n s p o tas h ind us tr y is b o o min g a t the mo me n t A us tr a li a s B HP B i l li t o n a nd B r azi l s V a l e ha v e ma jo r ne w mines in the w o rks a nd the thr e e b ig es ta b lis he d p l a y e rs P o tas h C o r p The M os a i c C o m p a n y a nd A g ri um I nc a r e in v es tin g 14 b i l li o n in mine e xp a n s i o n s A s w e l l s a y s T im M cM i l l a n the p r o v ince s minis t e r o f e ne r g y a nd r es o ur ces l a nds he l d und e r e xp l o r a ti o n p e rmi ts o r d e v e l o p me n t l e as es ha v e g r o w n t o f o ur mi l li o n he c ta r es f r o m a me r e 400000 t e n y e a rs a g o W e ha v e w o rk e d v e r y ha r d t o cr e a t e a minin gf ri e nd ly e co no m y a nd t o ma k e s ur e tha t p e o p l e a r o und the w o rl d k no w tha t the ir in v es tme n ts a r e s a f e in S as k a t c h e w a n s a y s M c M i l l a n W e und e rs ta nd the minin g b us ines s a nd w e wa n t i t in o ur p r o v ince P REV AIL S POT A SH LOCALS ARE THRILLED BY NEW POTASH MINERS COMING TO TOWN By Eastern Correspondent DArcy Jenish