Sirius Minerals adviser makes £180,000 on share options
23rd Nov 2011 10:21
An adviser to the potash exploration company Sirius has exercised an option on 900,000 of the company's shares. Sirius has sold the shares for £54,000, or 6p per share, giving the adviser a profit on yesterday's close of £180,000. Since yesterday Sirius has fallen back slightly, to 21.91p (a 15.5%
Read moreGovernment grant for Sirius
1st Nov 2011 08:53
Sirius Minerals, a potash development group, has been awarded up to £2.8m from the government regional growth fund to to develop a world-leading geosciences centre. The funding, which is awarded based on evidence of regional job and value creation and is subject to the completion of due diligence
Read moreSirius Minerals completes coring at Yorkshire project
27th Oct 2011 08:59
Sirius Minerals, the potash company which is developing a mine in a national park in North Yorkshire, saw its share price rise after it successfully completed the coring of its first borehole at the York Potash Project. The hole has delivered one of the world's single thickest potash intersections
Read moreSirius's North Yorkshire dig continues
13th Sep 2011 08:57
Sirius Minerals, the potash company which is developing a mine in a national park in North Yorkshire, says it has received approval for all outstanding drilling applications on the site, bringing the total to six. It also says early buying of components has reduced the initial budget for the projec
Read moreBHP Billiton chairman makes a purchase
31st Aug 2011 14:04
Chairman Jaques Nasser has bought 24,000 shares in mining giant BHP Billiton at just under 2,067p each in a purchase worth a total of nearly £500,000. Nasser, a Lebanese-born Australian, beat rival John Schubert to the job of chairman early last year, following four years as a non-executive direct
Read moreSirius boring in North Yorkshire
1st Aug 2011 15:37
Potash firm Sirius Minerals was boring in North Yorkshire over the week-end, as it started drilling at the first of two sites in the North York Moors National Park. Subject to a number of factors, the first hole is anticipated to take up to 60 days to be completed. Following the completion of each
Read moreSirius gets green light to dig in national park
16th Jun 2011 13:54
Sirius Minerals, the AIM listed potash development company has won approval for two drill sites in the North York Moors National Park. Potash is a potassium compound used extensively in fertilizers and its extraction can be highly profitable. On news of the permission being granted managing direct
Read moreSirius Minerals raises £20m
10th Mar 2011 18:22
Potash projects developer Sirius Minerals has raised £20m at 13p a share. The AIM-quoted company wants to spend £10.5m on drilling and seismic studies for the York potash project. This should be enough to define a JORC resource for the project. Another £3m will be required for engineering and e
Read moreLondon close: Flat finish for FTSE 100
14th Feb 2011 16:42
The top share index finished flat after a sluggish day's trading. Takeover talk pushed the price of engineering stalwarts Weir Group and Invensys higher, with engineering colossus Siemens said to have cash burning a hole in its pocket. The German company's chief financial officer, Joe Kaeser, sai
Read moreLondon afternoon: Footsie in red despite miners
14th Feb 2011 14:29
Mining stocks are buoyant after China's economy grew 9.8% in the final quarter of 2010, but demand for miners has not prevented the blue-chip index from sliding into the red. Takeover talk is pushing the price of engineering stalwarts Weir Group and Invensys higher, with German engineering colossu
Read moreSirius's talks with Sino-Agri drag on
14th Feb 2011 13:20
The share price of potash development group Sirius Minerals took a dive Monday morning as talks with Sino-Agri Mining about jointly exploiting Sirius's wholly owned Adavale project drag on. Discussions between the two parties are continuing but they will have to crack on if a deal is to be signed b
Read moreMarket disappointed with Sirius's Dakota drilling
24th Jan 2011 07:51
Potash development group Sirius Minerals said the first hole drilled in its Dakota Salts Project has confirmed the continuity of the Saskatchewan potash beds into North Dakota. The total Esterhazy Member intersection was 27.9 ft (8.5 metres) with an average grade of 11.8% K2O (potassium oxide). Wit
Read moreNew Sirius Minerals finance boss invests £99,000
18th Jan 2011 16:39
Potash explorer Sirius Minerals' new finance director Andrew Lindsay has invested £99,000 in the company following his appointment. Lindsay was appointed on the same day that Sirius announced its acquisition of York Potash. He was previously finance director of AIM-quoted European Nickel. He has
Read moreLondon close: Shares close lower despite M&A buzz
17th Jan 2011 16:39
London's leading share index is back below the 6,000 point mark after a sluggish day which saw downbeat miners offsetting mergers and acquisitions excitement. Miners such as Kazakhmys and Fresnillo were out of favour amid lower metals prices after China increased reserve requirements for banks in a
Read moreLondon afternoon: Footsie dips
17th Jan 2011 14:40
Leading shares lost ground over the lunchtime session, taking the Footsie back below the 6,000 level, with financials and miners featuring prominently among the losers. Miners such as Kazakhmys and Fresnillo are out of favour amid lower metals prices after China increased reserve requirements for b
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