Kawacatoose First Nation inks deal for potash development
Posted: Wednesday, January 18, 2012
The Kawacatoose First Nation of Saskatchewan signed a deal to develop potash
resources on the reserve.
The band will work with Native American Resource Partners
to bring the potash to the open market.
Companies from as far away as China and India have already approached the First Nation, The Regina Leader-Post reported.
"We know we have the resources," Chief Darin Poorman told the paper. "We know we sit on the richest deposits of potash based on some of the drilling that has been done in our area."
Potash development generates $10 billion in annual revenues in Saskatchewan, according to John Jurrius, the CEO of NARP.
Get the Story:
Kawacatoose reaches potash exploration agreement
(The Regina Leader-Post 1/18)
Join the Conversation