Now we know the name of the man who will lead the biggest mining project in recent British history.
Sirius Minerals have appointed Alan Watling to head up the huge York Potash development.
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
The York project will see large drilling operations in the area between Scarborough and Whitby on the north East coast of England, and across the North York Moors.
Watling's last job was as Chief Executive of African Minerals, where he was responsible for the greenfield Tonkolili Project, a fully integrated iron ore mining and infrastructure project in Sierra Leone. Before that he worked at Rio Tinto and Fortescue Metals Group.
Commenting on his appointing, Watling said: "The York Potash Project is the most important and exciting mining development in the UK and comes at a time when the region is in genuine need of economic stimulation.
"I understand the challenges of such a development but also the significant benefits that a project like York Potash can deliver".
Sirius Minerals shares were up 3.75% at 8:52.
BS
-
Could your family be at risk of an unexpected tax bill? How to keep your loved ones in the loopMany families are out of the loop when it comes to planning the financial aspects of both retirement and inheritance
-
Rightmove: Glut of homes for sale in southern England drives asking price dropAsking prices are 0.1% lower than a year ago, according to the property website, driven by challenges in affordability-stretched London and the south
