BHP cuts jobs, still plans mine

WINNIPEG (Reuters) —BHP Billiton PLC will cut 76 jobs from its Canadian potash operations because of low commodity prices.

However, work continues on sinking and lining shafts at BHP’s potash mine near Jansen, Sask., according to the spokesperson.

The mine would be the world’s biggest if built. Construction has continued even as existing potash producers suffer from weak prices and profits.

BHP has not yet committed the bulk of the capital needed to build Jansen.



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