BHP Billiton’s Jansen potash mine is years away from being fully operational, but work at the site is well on its way.
The mine shafts have been built, mining equipment is being lowered underground, surface work is ongoing and work on the camp site is well on its way with the first 5-hundred beds expected to be completed by December.
The company has already spent $2-billion on the project.
When it’s complete, it will be the largest potash mine in the world.
Final approval from the company’s board is still needed and likely won’t come until the summer of 2013.
Since work started on the site a few years ago, there has been some speculation whether the company will follow through.
Last week BMO released a report saying it believes the best decision for BHP is not to build or buy its way into the potash industry.
BHP Billiton says it believes in potash and its long term viability.
Right now, there are 400 people employed on site. That number is expected to increase to about 1,200.
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