1/20/2016

Potash Corp shuts Canadian mine

Weak conditions in the potash market will not improve any time soon, the chief executive of Potash Corp of Saskatchewan said on Tuesday as the crop nutrient company announced it would suspend operations "indefinitely" at a Canadian mine. Potash Corp said it was putting its Picadilly mine in the Canadian province of New Brunswick on care and maintenance, resulting in the loss of 420 to 430 jobs.