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Sirius shifts focus to Yorkshire

26th July 2012

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A test drilling site for the proposed potash mine in North Yorkshire

A test drilling site for the proposed potash mine in North Yorkshire

SIRIUS Minerals is focusing its £54.3m cash pile on developing a new potash mine in Yorkshire after putting its other developments on hold.

The company believes the York Potash Project is the most promising of the schemes it has been developing and is now looking to move forward with the creation of a mining operation in the Scarborough and Whitby area.

Sirius reported a pre-tax loss for the year to the end of March of £63.1m this morning but that was largely a reflection of impairment charges relating to......for the full story register now for free or login below...


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