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Potash Corporation of Saskatchewan Inc.
Summary
| Project: | Rocanville | |
|---|---|---|
| Deposit: | Rocanville | |
| Location: | Canada | |
| Commodities: | Potash | |
| Date: | 2/24/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Active Mining & Production | |
| Report details: | 24-2-2017: Potash Corporation of Saskatchewan Inc. announces a Resource Estimation report for its Rocanville deposit at the Rocanville project. Updated mineral resources and ore reserves. Potash Corporation of Saskatchewan Inc. (PotashCorp, or the Company | |
| Resources: | (Reserve, P+P): 555Mt @ 23.5% K2OEq at Cory | |
| CP/QP: | [Resources]: Mark Fracchia (Internal) | |
| ABSTRACT: | Potash Corporation of Saskatchewan Inc. (PotashCorp, or the Company) is the world’s largest integrated producer of fertilizer and related industrial and animal feed products. We produce the three primary plant nutrients: potash, phosphate and nitrogen. Our products serve customers on six continents. he purpose of this document is to give a formal reporting of potash mineral reserves and resources for PCS Potash Rocanville Division, and to provide a description of the method used to compute potash resource and reserve tonnages. In recent years the Rocanville mine has undergone a major expansion which brings the nameplate capacity of the Rocanville facility to approximately 6.0 million tonnes of finished potash products per year. The regions of the proposed Rocanville expansion area are referred to as Rocanville West. The mine expansion involved sinking a third shaft, along with major upgrades and improvements of mine, mill, hoisting facilities, loadout facilities, and other infrastructure. The recent Rocanville expansion, which was announced in 2007, was substantially complete in 2016. Production is being ramped up through 2017. It is expected that Rocanville operational capability will be 5.0 million tonnes of finished potash products in 2017. Over the 46 year mine life to date 216.361 million tonnes of potash ore have been mined and hoisted at Rocanville to produce 70.887 million tonnes of finished potash products (from startup in 1970 to December 31, 2016). The life-of-mine average concentration ratio (raw-ore / MOP-product) is 3.05 and the average mining extraction ratio over this time period is 31%. | |
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