Sirius Minerals on future project reporting
Published by Angharad Lock,
Digital Assistant Editor
Sirius Minerals Plc has offered an update on the future reporting of updates for its North Yorkshire polyhalite project following the successful completion of its Stage 1 Financing in late 2016.
The company will provide general development and construction updates to the market on a quarterly basis. For the coming twelve months these are expected to be released in March, June, September and January 2018:
A number of works required to deliver the Project have already begun and more are due to commence shortly. These are in-line with the Project schedule.
Highway works required as part of the development ramp-up are due to commence in January 2017, which includes improvements to the junctions of site access roads and other minor local highways improvements. This work is expected to be complete by 7 April 2017.
Site investigation works including further geotechnical studies have been underway since the end of 2016. An additional drilling rig, similar to that used during the Company's exploration campaign, is expected on site at the end of February 2017 in order to gather more detailed information for the upcoming shaft sinking. The full site preparation phase is expected to commence on schedule in 2Q17.
In addition to the above activities a significant amount of detailed engineering, design and commercial work is underway across all aspects of the Project.
Read the article online at: https://www.worldfertilizer.com/potash/23012017/sirius-minerals-on-future-project-reporting/
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