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Bullboard - Stock Discussion Forum Karnalyte Resources Inc T.KRN

Alternate Symbol(s):  KRLTF

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Karnalyte Resources Inc. is a Canada-based development stage company. The Company is engaged in the exploration and development of its property and possible construction of a production facility and development of a potash mine. The property is situated in Saskatchewan, south of Wynyard and contains a dominant zone of potash and magnesium minerals. Its Wynyard Potash Project is a Carnallite... see more

TSX:KRN - Post Discussion

Karnalyte Resources Inc > BHP approves plan to build Jansen Mine
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Post by highflyer57 on Aug 17, 2021 1:35pm

BHP approves plan to build Jansen Mine

A long-gestating potash project in Saskatchewan has been given the green light by one of the largest mining companies in the world, as the company also announced it is getting out of the oil and gas business. On Tuesday, BHP announced it had approved spending $7.5 billion to begin building the mine, which was originally announced in 2010. At the time, the mine project was touted as the largest potash mine in the world and located 140 kilometres east of Saskatoon.
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