Saskatchewan Potash Economics
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 $0.55/1m², 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:
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
Leave near-zero salt tailings on surface
reduced environmental concern and much lower handling costs
Dramatically reduce fresh water consumption
environmental advantage and lower cost
Dramatically reduce energy consumption per tonne of product
lower cost and carbon footprint