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