Vancouver — Junior potash company Western Potash Corp. said Nov. 27, that it has now come to a definitive agreement with the City of Regina that secures the company a long-term economical and reliable source of process water for the Milestone Potash Project. The deal was announced earlier in the summer (GM July 2, p. 14). The company will have access to 60,000 cubic meters per day of treated effluent for the first 6 years and 42,240 cubic meters for the remaining 39 years. The company said this is sufficient to satisfy the requirements for the solution mining process during the entire life of the mine. As part of the execution of the agreement, Western paid the city a $500,000 commitment fee. Annual payments to the city will be worth more than $200 million throughout the agreement’s term. The company will fund the construction of the pipeline and associated infrastructure to deliver the effluent to the mine site, located approximately 30 km southeast of Regina. "This mutually beneficial agreement is another step towards Regina’s vision of a sustainable community," said Regina Mayor Michael Fougere. "The City of Regina will be compensated for treating a waste product while helping facilitate economic growth in one of Saskatchewan’s key sectors – potash development. In addition, downstream negative effects such as increased algae will also be alleviated, making this a prime example of how creative thinking and partnerships can yield a more promising future for everyone."
Transparency Across the Fertilizer Value-Chain