Sirius Minerals appoints Development Director of York potash project

Sirius Minerals announced Monday the appointment of Gordon Cowe as Development Director.

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.

He has more than 25 years of experience in managing projects in the natural resources sector across Australia, Asia, the Americas and the Middle East.

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.

Recommended

Too embarrassed to ask: what is short selling?
Too embarrassed to ask

Too embarrassed to ask: what is short selling?

Short sellers are often accused of unfairly driving share prices down to make a quick buck. But short selling is a perfectly legitimate – if risky – t…
26 Jan 2021
Broker safety – your questions answered
Investment strategy

Broker safety – your questions answered

Cris Sholto Heaton answers more of your questions about the safety of stockbroker accounts
25 Mar 2020
How demographics affects stock valuations
Investment strategy

How demographics affects stock valuations

New research suggests that stock and bond valuations are driven by the age of the population – at least in the US.
24 Feb 2020
Do you own shares in Sirius Minerals? Here’s what you need to do now
Stocks and shares

Do you own shares in Sirius Minerals? Here’s what you need to do now

Mining giant Anglo American has proposed a cash takeover of Yorkshire-based minnow Sirius Minerals. Unhappy shareholders must decide whether to accept…
20 Feb 2020

Most Popular

Bitcoin does consume a lot of energy – but here’s why it’s worth it
Bitcoin

Bitcoin does consume a lot of energy – but here’s why it’s worth it

Some people question bitcoin’s legitimacy because it uses huge amounts of electricity to maintain its network. But that’s not a failing, says Dominic …
27 Jan 2021
Joe Biden’s spending spree will lift American spirits and markets – but it comes with a sting in the tail
US stockmarkets

Joe Biden’s spending spree will lift American spirits and markets – but it comes with a sting in the tail

New US president Joe Biden is planning to throw trillions of dollars in stimulus at his country’s economy. Markets will love that. But it comes with a…
25 Jan 2021
Think Tesla is a bubble? This might be the best way to bet on it bursting
Oil

Think Tesla is a bubble? This might be the best way to bet on it bursting

The huge rise in Tesla’s share price means that, by market value, it’s now the sixth-largest company in the US and and the world’s biggest car-maker. …
25 Jan 2021