All-Canadian royalty portfolio
40 km north Moosomin, Saskatchewan, Canada
Potash Corporation of Canada ("PCS")
|LTM (as of January 31, 2016) Royalty Revenue||$2.5 million|
|Annual production capacity||2.0 mt|
|Estimated Mine Life||77 years|
The Rocanville mine is a conventional underground mining operation located approximately 40 km north of the Trans-Canada Highway at Moosomin, Saskatchewan. Rocanville was the last potash mine to come on-stream in Saskatchewan, being completed in the early 1970s. Potash ore is excavated at the mining face c.1,000m below the surface, transported by conveyor belt to the bottom of the production shaft and hoisted to the mill where it is processed into the final concentrated muriate of potash product.
Proven and probable mineral reserves at the mine as at December 31, 2011 totaled in excess of 400mt of ore with an average K2O grade of 23.5%.
The Rocanville mine has undergone major project expansion in recent years significantly increasing operational capability and capacity which Altius anticipates will eventually be utilized based on current global potash consumption growth trends.Previous Page
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