Sirius Minerals announced Monday the appointment of Gordon Cowe as Development Director.
Cowe will lead the development of the York potash project in Scarborough, North Yorkshire, from definitive feasibility study into production.
MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Most recently he was at WorleyParsons as Global Managing Director of the infrastructure and environment division overseeing developments including African Minerals in Sierra Leone, Oakajee port and rail, Roy Hill mine to port in Western Australia and the CCX Coal development in Colombia.
"The opportunity to return to the UK and be part of a world class, internationally significant project with so many national benefits is an opportunity too good to miss," he said.
"I have been following the development of the York potash project with interest for some time now and look forward to moving the Project into production as quickly and safely as possible."
Managing Director Chris Fraser added: "We are delighted to appoint Gordon Cowe as Development Director to lead this next rapid phase of the project."
Shares were up 2.06% to 24.75p at 09:24 Monday.
-
What is the 25x retirement rule and does it work?The 25x retirement rule has been around for decades but many experts question if it is a suitable strategy
-
When is the self-assessment tax return deadline?If you are self-employed, rent out a property or earn income from savings or investments, you may need to complete a self-assessment tax return. We run through the deadlines you need to know about
