In a news release BHP Billiton reveals it's moving its diamonds and specialty products division -- which includes potash, to Saskatoon.
That will mean another 30 jobs at the Saskatoon office, on top of the 69 already there.
Premier Brad Wall insists the news vindicates the position the government took last year...encouraging the feds to reject BHP's take over bid of Potash Corp last year. He says that hasn't halted investment -- like some predicted.
Three corporate giants have joined forces to expand telecommunications and power services to northeastern Saskatchewan.
On April 26 in Saskatoon at the Cameo headquarters, SaskTel, SaskPower and Cameco announced a $29.6 million venture to bring high-speed bandwidth and improved power lines to all of Cameco's sites from La Ronge to Collins Bay.
The presence of a potentially volatile gas isn't a big concern to people working near the Yara fertilizer plant in Belle Plaine.
The first on-reserve potash mine in Canada got a bit closer to reality today for a Saskatchewan First Nation.
The federal government will now develop regulations for the mine under the First Nations Commercial and Industrial Development Act (FNCIDA).
"This is to create the system that we need to attract the investment, to build the mine and then to produce the potash and to sell it," said Reginald Bellerose, chief of the Muskowekwan First Nation.
Saskatchewan needs to reduce its dependence on revenues from natural resources, according to a Calgary think tank. The Canada West Foundation says the government should start with this budget.
Saskatchewan Finance Minister Ken Kravetz agrees in theory, but says that would mean revenue to balance the books would have to come from somewhere else.
The premier is pushing the idea of austerity to mayors and reeves but Regina's mayor insists that's nothing new for his city.
Premier Brad Wall gave his annual address to the Saskatchewan Urban Municipalities Association convention in Saskatoon Monday. In it, he admitted the province will take in $300 million less in resource revenue than expected thanks to softening oil and potash prices. He says with the 2013 budget on the horizon the province will have to find savings internally and he suggests municipal governments should be doing the same.
Mosaic's K2 mine near Esterhazy was shut down Monday after a fire trapped over 300 people underground.
The blaze was reported at 10:35 a.m. 318 miners raced to refuge stations as crews above ground moved to put it out.
It took around three hours for emergency rescue teams to put out the fire, and another few hours for the smoke to clear.
"The refuge stations were all used and all employees were accounted for" says Brad DeLori, a Mosaic spokesperson.
As of 5 p.m., the trapped miners were able to start evacuating to the surface.
It means a bit of a windfall for Viterra's shareholders as the final peice of the puzzle falls into place.
Glencore's takeover of the prairie potash company has been approved by China's ministry of commerce.
It was the final step to finish up the $6.1 billion deal.
The takeover first won approval from the Canadian government and shareholders earlier this year.
Edited by CJME's Adriana Christianson with files from Canadian Press
The province is making much more than wheat and barley and some of the products made in Saskatchewan might surprise you.
As Saskatchewan celebrates manufacturing week, it turns out it is a growing sector of the economy.
Scott Summach, sector manager of manufacturing for the ministry of economy, says the key areas include machinery, transportation and industrial equipment and agriculture. Some emerging areas include aerospace and defence for the Canadian military and electronics and instrumentation.
It looks like a huge deal is in the works for the Potash Corporation the firm is reportedly in talks to take over a smaller rival Israel Chemicals.
It is a deal that could be worth $13.5 billion. Potash Corp already owns 13.8 per cent of Israel Chemicals and has wanted to increase the share, but the Saskatchewan based company has faced opposition from the Israeli government and regulatory agency.