DCSIMG

Further delays for potash mine

� Tony Bartholomew 07802 400651
mail@bartpics.co.uk

29th April 2014

PICTURES PROVIDED TO SIRIUS MINERALS FOR USE IN ALL PRESS,PUBLICITY,MARKETING ,PROMOTIONAL MATERIAL, IN PRINT AND ELECTRONIC FORM.

Chris Fraser MD and CEO at Sirius Minerals Plc

� Tony Bartholomew 07802 400651 mail@bartpics.co.uk 29th April 2014 PICTURES PROVIDED TO SIRIUS MINERALS FOR USE IN ALL PRESS,PUBLICITY,MARKETING ,PROMOTIONAL MATERIAL, IN PRINT AND ELECTRONIC FORM. Chris Fraser MD and CEO at Sirius Minerals Plc

 

A planning application for a new mine near Sneatonthorpe will not be submitted this month, it has been revealed.

Sirius Minerals has opted to delay the application until the end of September, 15 months after an application was first expected to be submitted.

The company explained that the decision has been made to align the plan with its application for a tunnel to transport the material to a processing plant in Teesside, something which critics of the mine have suggested for some time.

Managing director Chris Fraser said: “We believe this is the most productive way forward, particularly as this doesn’t impact the overall project schedule. In the meantime, the common ground we have currently reached with the authority officers provides very clear guidance as to detail that the applications need to include at the point of submission.”

Both applications for the York Potash project will now take place at the same time, although a draft submission will be submitted at the end of July to enable a period of analysis to take place.

In light of the news, shares of Sirius fell 6.7% to 11.90 pence on Monday.

Do you have confidence that the York Potash project will go ahead or are you put off by the number of delays?

 
 
 

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