2025 was a big year for of Saskatchewan mining sector. The industry reported $12.6 billion in sales, up 19 percent from 2024, making 2025 the highest year on record for the industry.
This was announced at a press conference held by the Minister of Energy and Natural Resources, Chris Beaudry, who highlighted the growth the sector is experiencing.
“Saskatchewan is a leading global mining jurisdiction that is in a growth phase. I’m sure everyone has heard of potassium product from new projects, new uranium manufacturing that will come online in five or so years,” Beaudry said.
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Potash and uranium are the main drivers of this growth, with the potash industry reporting $9.3 billion in sales and the uranium industry reporting $3.2 billion.
“These two industries have been the cornerstones of our provincial economy for decades, and the people of Saskatchewan continue to reap the benefits that the potash and uranium industries produce every year,” continued Beaudry.
The increase in the price of uranium is contributing to the increase in income. The provincial target for 2030 was broken five years early.
“The uranium industry reached $3.2 billion in sales, up 24 percent and the highest value it has ever reached,” Beaudry said.
Trident Resources was present at the conference. CEO Jon Wiesblatt spoke of the importance of Saskatchewan to his operations before announcing their intention to expand exploration efforts in the La Ronge gold belt.
“We are also advancing a developing, high-pass producing underground asset at Contact Lake. Across all five projects we see strong potential for resource growth as exploration progresses over the coming months and quarters,” said Wiesblatt.
In 2026, three new critical mineral projects are expected to begin production. Critically important zinc, copper and lithium production will add to the province’s growing list of exports.
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