Authorities to assess unwanted potash deposit in Canada’s New Brunswick

A potash deposit from which one of the world’s biggest fertilizer companies recently walked away will be the subject of a provincial review for its future potential.

The New Brunswick government announced May 11 it will soon finalize a contract to hire a third-party consultant to assess the remaining potash resource, if any, in the province’s Penobsquis potash deposit.

Saskatoon-based PotashCorp, which has previously operated three potash mines in the province, shut down its mine at Cassidy Lake in the late 1990s, closed its Penobsquis mine in 2015 and announced in January it would close its new Picadilly mine in the same area.

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