31st Jan 2013 07:00
31 January 2013
Sirius Minerals Plc
Planning application update for onshore mining
The Directors of Sirius Minerals Plc (AIM: SXX, OTCQX: SRUXY) ("Sirius" or the "Company"), the globally diversified potash development group, are pleased to provide an update on the York Potash Project planning approvals process.
The Company has delivered application documents for the onshore mining and mine access infrastructure to the North York Moors National Park Authority (the "NYMNPA"). This follows notice of the intention to submit being sent to local landowners and notices appearing on parish notice boards and in local newspapers earlier this week. The NYMNPA is reviewing the application documents and is expected to formally validate receipt of the application on Monday 4 February 2013. The application will be available for public inspection soon after this date.
The NYMNPA has indicated to the Company that it will determine the application within the expected 16 week determination period. A decision is therefore expected during May 2013.
Chris Fraser, Managing Director and CEO of Sirius commented:
"This is a major milestone for the Company and one that we believe brings us closer to the first day of construction and production at the York Potash Project. This is a nationally significant project with many local benefits and we have been extremely grateful for the wide ranging support received during our extensive pre-application public consultations.
"A huge amount of technical work and studies have gone into the application and we have put forward a robust planning case that we believe meets the required planning policy. We look forward to continuing to deliver this important project as quickly as possible."
For further information, please contact:
Sirius Minerals Plc | |||
Peter McLennan(General Manager - Investor Relations)
| Tel: +44 8455 240 247
| Email: [email protected] | |
NOMAD/ Joint Broker | Joint Brokers | Joint Brokers | Media Enquiries |
Macquarie Capital (Europe) Limited | Liberum Capital Limited | Jefferies Hoare Govett | Pelham Bell Pottinger |
Steve Baldwin, Raj Khatri | Michael Rawlinson, Clayton Bush | Peter Bacchus, Thomas Rider | Charles Vivian, Lorna Spears |
Tel: +44 20 3037 2000 | Tel: +44 20 3100 2222 | Tel: +44 20 7029 8000 | Tel: +44 20 7861 3232 |
About Sirius Minerals Plc
Sirius Minerals is a globally diversified potash development company. Its primary focus is to bring on stream major potash mining facilities through the acquisition and development of projects overlying recognised potash deposits. Today it holds properties in the United Kingdom (North Yorkshire), the United States (North Dakota), and Australia (Queensland). Incorporated in 2003, Sirius Minerals' shares are traded on the London Stock Exchange's AIM market. Its shares are also traded in the United States on the OTCQX through a sponsored ADR facility. Further information on the Company can be found at www.siriusminerals.com.
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Sirius Minerals