Saskatchewan considers ending its potash royalty review

According to Reuters, Saskatchewan’s economy minister is considering ending a review of its potash royalty system, whereby any changes would be revenue-neutral to the province’s treasury.

"Part of the discussion is whether or not we do anything at the moment or whether we hold off on any kind of further discussion," said Economy Minister, Bill Boyd.

Potash miners have struggled recently, following the weakest potash prices in nearly a decade.

"It's important to note that certainly markets are soft and that there's increased production from competitors around the world, so we have to be careful," he said.

Read the article online at: https://www.worldfertilizer.com/potash/21062016/saskatchewan-considers-ending-its-potash-royalty-review/