Thursday, June 28, 2012

Potash CEO says sees no new potash mines for five years, Reuters reports


Potash (POT) CEO Bill Doyle says he doesn't see any new potash mines beginning production between now and 2017, Reuters reports. Doyle says it takes an "enormous" amount of time to develop a new potash mine. It is unclear whether Doyle predicts no new potash mines just in Canada or globally.

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