No quick end to potash doldrums in Sask. as capacity ramps up

Image Courtesy of THE CANADIAN PRESS/Troy Fleece
Image Courtesy of THE CANADIAN PRESS/Troy Fleece

By Ian Bricks, The Associated Press, August 15, 2016 

CALGARY — Oil’s downfall may get more attention but the potash industry that forms the bedrock of the Prairie mining industry is going through its own bust — and analysts say there’s no quick recovery in sight.

Potash, the lightly coloured mineral used as a crop fertilizer, is big business in Canada. Last year, producers dug out $6.7-billion worth of it, putting it second only to gold in terms of produced mineral value in the country.

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