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PotashCorp suspending production at Allan mine for 4 weeks
The Canadian Press
Date: Friday Jan. 6, 2012 11:30 AM ET
SASKATOON Potash Corporation of Saskatchewan Inc. (TSX;POT) said Friday it plans a four-week production shutdown starting next month at its Allan mine in the Saskatoon area.
"It's what we call an inventory adjustment," said Bill Johnson, senior director, public affairs.
"We've got a long history of matching our supply to market demand and market demand is a little soft right now so we are adjusting our supply accordingly," Johnson said in a telephone interview.
No layoffs are expected among the 290 hourly wage workers during the Feb. 5 to March 3 shutdown at the mine, which supplies about 10 per cent of the company's potash production.
"Everyone will carry on working at the mine. So there will be no impact on jobs, there will just be an impact on production," Johnson said.
"We've got expansion projects going on there so we'll find other jobs for our staff to undertake during that time."
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I feel that if certain organs were in demand, less effort would be made to revive people. Am I being silly? Not really. I had a bad experience in hospital when my heart stopped, the doctors tried to revive me and failed. They stopped and said I was gone. I came around on my own when the nurse was giving a final BP reading of 'zero'. I heard her declare me dead! It was all I could do to shake my head but they never caught on til I was able to open my eyes. You should have seen them scramble then! I thought the nurse was going to faint. The thing is, I think we may write people off too soon when there is something of value to be gained from them.
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