Mosaic Colonsay Lays off 350; indefinitely shuts down potash mine

Mosaic Colonsay Lays off 350; indefinitely shuts down potash mine

The Mosaic Company has announced its Colonsay mine will be shut down until prices improve.

On Tuesday, the agricultural giant announced layoff notices had been issued for the 395 employees at the potash mine, which is located 59 kilometres southeast of Saskatoon.

Fifty-two employees are expected to keep working to keep the mine operational and the layoffs will begin next month, according to Mosaic.

Full Story at CBC

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