RE:Gensource not waiting aroundI think gensource is our only junior peer, i think there are lots of similarities between the the two processes.
Gensource has a lot information on site on what they plan to acheive, but no proof yet
Typical Saskatchewan Solution Potash Mine Economics
Capex Per tonne ($Cdn)
- Primary Mining: $881/t
- Secondary Mining: $167/t
- Total: $1,048/t
Operating Costs Mine Mouth ($Cdn)
- Process Plant* $56/t
- Mine Operating* $11/t
- Total: $67/t
Corporate SG&A: $13/t
Transportation Costs (FOB Vancouver ): $45/t
*Operating costs assume water costs of $0.55/1m, natural gas $5/GJ, power $.05/kW & $5.85/Kva demand
*Costs are based on the typical solution mining approach. Gensource Potash Corporation is driving towards dramatic improvements
Typical Saskatchewan Solution Mining Math
Gensource Potash Corporation is developing approaches using proven techniques to:
1. Extract up to 10 times the resource from the same area, compared to conventional mining
- be a much more responsible steward of the province’s resource
2. Leave near-zero salt tailings on surface
- reduced environmental concern and much lower handling costs
3. Dramatically reduce fresh water consumption
- environmental advantage and lower cost
4. Dramatically reduce energy consumption per tonne of product
- lower cost and carbon footprint