Sirius Minerals secures royalty deal with Hancock

14th Sep 2018 07:43

(Sharecast News) - Sirius Minerals said on Friday that it has secured a new $250m funding deal that should give it sufficient funding to the second quarter of 2019.

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Sirius Minerals tanks after upping capital requirements by $400-600m

6th Sep 2018 08:47

(Sharecast News) - Sirius Minerals has been forced to increase and delay its funding requirements after inking two major construction contracts for the construction of the mineral transport system and materials handling facility at its mine development programme in Yorkshire.

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Wednesday broker round-up

8th Aug 2018 12:36

(Sharecast News) - Spire Healthcare Group: Berenberg downgrades to sell with a target price of 120p.

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Sirius Minerals expands relationship with Archer Daniels Midland

31st Jul 2018 09:44

(Sharecast News) - Fertilizer development company Sirius Minerals on Tuesday expanded its relationship with US-based agri-business Archer Daniels Midland.

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Sirius Minerals enters into royalty financing agreement with Hancock Prospecting

25th Oct 2016 09:31

(ShareCast News) - AIM-listed fertiliser development company Sirius Minerals has entered into a royalty financing agreement for its North Yorkshire polyhalite project with Hancock British Holdings, a subsidiary of an Australian mineral explorer. Hancock Prospecting agreed to provide $300m of the $1.

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Sirius Minerals reports comfortable cash position ahead of key milestones

16th Aug 2016 13:05

(ShareCast News) - Sirius Minerals reported what some analysts described as a comfortable liquidity position at the half-year stage, as the company continued to progress on its plans to develop its North Yorkshire polyhalite project. The fertilizer-maker reported a loss of £4.1m for the six months e

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Sirius ups North Yorkshire polyhalite probable ore reserves

17th May 2016 14:40

(ShareCast News) - Sirius Minerals has increased the probable ore reserve at its North Yorkshire polyhalite project to 280.2m tonnes at an average grade of 88.4%, from 250m tonnes at a grade of 87.8% previously. MD Chris Fraser said the improvement in ore reserves added further confirmation of the o

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Sirius Minerals expects up to $3bn annual earnings from York project

17th Mar 2016 09:30

(ShareCast News) - Sirius Minerals released the eagerly-awaited results of its feasibility study on the potash project in North Yorkshire on Thursday, saying its net present value is $15bn at a 10% discount rate. Net present value will rise to $27bn once production begins, Sirius said. The company

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'World class' Sirius Minerals rises ahead of study findings

15th Mar 2016 16:12

(ShareCast News) - Investors were keen to get their hands on a 'world class and robust' Sirius Minerals on Tuesday afternoon, as the company let slip some positive rhetoric ahead of the release of the definitive feasibility study for its polyhalite project in North Yorkshire. The AIM-traded company

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Sirius Minerals signs deal with China's Huaken for North Yorkshire potash mine

24th Dec 2015 09:02

(ShareCast News) - Sirius Minerals has signed a seven-year deal to supply Chinese import and export group Huaken International with polyhalite from its mine in North Yorkshire. Once the potash mine is fully operational, Sirius will supply as much as 500,000 tonnes a year under an "offtake agreement"

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Sirius Minerals receives prequalification for York Potash project

22nd Sep 2015 10:22

(ShareCast News) - Fertiliser developer Sirius Minerals has received prequalification status from Infrastructure UK (IUK) for its York Potash project. The London-listed company said negotiations with IUK, a branch of the UK treasury, over the finance and prequalification required for its potash proj

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Sirius Minerals inches closer to full approval for York potash project

25th Aug 2015 15:43

(ShareCast News) - Fertilizer firm Sirius Minerals said it had permissions for four out of five of the planning applications it submitted for its York potash project. The AIM listed company said the decision on the final application for the York mine, which has the highest and largest grade deposit

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Sirius Minerals upgrades York potash supply deal

19th Aug 2015 08:01

(ShareCast News) - Sirius Minerals has upgraded its take or pay supply agreement with an existing Fortune 500 US-based agri-business customer. The initial agreement for the supply of 500,000 tonnes per annum of polyhalite for a five-year period from the York Potash project was announced back in Janu

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Sirius says polyhalite studies show improved soybean, corn yields

4th Aug 2015 12:25

(ShareCast News) - Fertiliser developer Sirius Minerals said ongoing trials of its polyhalite product on corn and soybean crops had produced positive results. The trials showed polyhalite improved soybean yield and bean protein yield by up to 16% over rival products muriate of potash (MOP) and su

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Sirius Minerals receives £9.2m from warrants exercise

3rd Aug 2015 11:24

(ShareCast News) - Potash development group Sirius Minerals has received £9.2m from the exercise of share warrants it issued last year. In a brief statement released on Monday, the group said since 29 June, 52.2m shares have been issued to investors who held the warrants, which were issued with an e

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