Sirius optimistic about York Potash Project
24th Aug 2012 07:27
Sirius Minerals, the AIM-listed Potash exploration and mining group, remains upbeat about its York Potash Project after the latest drilling results showed high-grade materials. "The latest results from our drilling programme continue to build confidence in the extent and quality of the world class
Read moreLondon pre-open: Small losses expected on FTSE after Fed official's comments
24th Aug 2012 07:27
City sources predict the FTSE 100 will open down seven points from yesterday's close of 5,777, tracking US stocks lower which dropped after an official from the Federal Reserve dashed hopes of further economic stimulus action. St Louis Fed President James Bullard said the minutes from the latest F
Read moreResource round-up: Sirius Minerals, Matra, AFC Energy
5th Jul 2012 10:03
Global potash firm Sirius Minerals reported promising results at its project in York. It said a third borehole at the site had revealed lateral consistency of the deposit, which the firm said was an important step to achieve sufficient defined resource to underpin financing of the project. AFC Ener
Read moreWednesday broker round-up
20th Jun 2012 09:21
Burberry: Nomura maintains buy recommendation and 1,530p target. Chariot Oil & Gas: Merchant Securities keeps buy rating and 232p target. Home Retail: HSBC downgrades to neutral, target cut from 110p to 100p. Imagination Tech: UBS cuts target from 480p to 470p, neutral rating unchanged. Internat
Read moreSirius Minerals names boss of York potash mega mine
20th Jun 2012 08:38
Now we know the name of the man who will lead the biggest mining project in recent British history. Sirius Minerals have appointed Alan Watling to head up the huge York Potash development. Potash is a key ingredient in fertiliser, farmers use it to replenish potassium in the soil to make sure the
Read moreResources round-up: Thor, Patagonia Gold, Amerisur ...
30th May 2012 12:37
Oil and gas producer Amerisur Resources has logged, cased and cemented the Platanillo-3 well in Colombia, the first of a six-well drill programme. Testing equipment has been mobilised and will shortly begin production tests. The reservoir sections encountered in the well are currently being studied
Read moreAZ Electronic Materials CEO sells 46,000 shares
4th May 2012 16:06
Geoff Wild, who has occupied the role Chief Executive Officer at speciality chemicals producer AZ Electronic Materials since January 2010, dumped 46,000 shares in the firm one week after the firm reported a robust performance during a tough first quarter. Wild, 55, disposed of the shares at 322.40
Read moreSirius falls on York assay results
1st May 2012 11:47
Sirius Minerals, the firm looking to develop a potash mine near York, has described new assay (test) results at the site as 'strong'. One of the holes being drilled showed "a consistent overall seam thickness compared to the "mother" hole with approximately 50m total polyhalite mineralisation." Ot
Read moreTuesday newspaper round-up: Sterling, Mortgages, China
1st May 2012 05:13
More than one million homeowners will see their mortgage payments jump by hundreds of pounds a year from today as lenders, including two state-backed banks, raise borrowing costs. Borrowers with other banks and building societies face similar increases in the months ahead, experts have warned, with
Read moreStudy confirms viability of Sirius's potash project
30th Apr 2012 09:07
High-flying potash development group Sirius Minerals said the detailed scoping study of its York potash project has confirmed the asset's viability. The primary objective of the detailed scoping study (DSS) was to evaluate the project from a technical perspective to identify a sustainable developme
Read moreResources round-up: Kea, Arian, Thor Mining...
12th Mar 2012 11:22
Kea Petroleum's drilling programme in the Taranaki basin of New Zealand has been delayed due to extreme weather conditions in the region. The programme to drill Mauku, which as previously advised requires challenging access and site preparations, is the worst affected area. The intention was to begi
Read moreGood progress being made at Sirius's York project
17th Feb 2012 07:55
AIM-listed potash development group Sirius Minerals rose on Friday morning after saying that drilling progress has been made its York Potash Project in North Yorkshire. The group's third hole at the project, SM3, has made "good" progress and the final casing has now been inserted in preparation for
Read moreSirius's shares fall 7% after delay announced
13th Dec 2011 11:16
Shares in miner Sirius Minerals fell heavily today, despite the firm saying the quality of minerals found at its York Potash Plant had exceeded expectations. The firm said final analysis of samples at the site confirmed the thickness and grade of polyhalite seams was "world-class and has exceeded..
Read moreNothing boring about Sirius's bore-hole
28th Nov 2011 12:29
Shares in potash exploration company Sirius Minerals were on the up on Monday after the company confirmed the York site as "one of the world's most significant potash projects." The results so far for SM1, the first bore-hole drilled by Sirius, have significantly exceeded all parameters used in the
Read moreLloyds director buys up shares
23rd Nov 2011 16:42
Glen Moreno, a non-executive director at banking giant Lloyds, has dipped into his savings to buy £44,180-worth of shares. The 68-year-old, who joined the board in March 2010, purchased 200,000 shares at 22.09p each. Moreno is also the chairman of Pearson, the media group, and director of Fideli
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