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Sirius Minerals Production News Welcome, Says WHIreland -- Market Talk

14 Feb 2018 10:13 am

1013 GMT - Sirius Minerals' assertion that it can bring forward production on its polyhalite project in North Yorkshire, England, is welcome news, says WHIreland, after the miner signed a shaft-sinking contract with DMC Mining Services Ltd. The brokerage acknowledges that the contract signing still leaves some final details to be sorted out, including the fact that AMC UK Ltd.--a different shaft-sinking company with whom talks floundered--already has people on site. Regardless, WHIreland says that a quick handover to DMC is possible, a company the brokerage describes as a strong partner. Shares at 1005 GMT are up 3%, or 0.56 pence, at 22.72 pence. (oliver.griffin@dowjones.com; @OliGGriffin)
 

(END) Dow Jones Newswires

February 14, 2018 05:13 ET (10:13 GMT)

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