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PotashCorp rescinds layoff notices affecting 50 workers

3:54 AM MDT | June 18, 2014 | Ian Young

PotashCorp says it has rescinded previously announced layoff notices affecting 50 workers at the company's Penobsquis, NB, facility. Operations at the Penobsquis mine had been scheduled to end by the second quarter. PotashCorp, meanwhile, is slated to start operating a new potash mine at Piccadilly, NB, in the fourth quarter. "Given ongoing tightness in the granular potash market, the temporary extension in operations will allow continued production from our Penobsquis mine as we ramp up our Picadilly operation," PotashCorp says. The planned layoffs at...

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