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Thread: York potash project

  1. #1
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    York potash project

    So planning app is in let's hope the planners have a some sence and realise the country needs things like this
    Who on here is in agreement were there they have shares or not

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    Senior Member 4wd's Avatar
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    Re: York potash project

    Here's the Application to the N.Y.Moors Park authority.
    There's a lot of support for it locally.
    Nearby Boulby has been a major employer with generally excellent record since the 70s.
    However some point out the technical issues are rather brushed over, in particular transport materials in and out of a geographically difficult and sensitive site.

    As usual a lot of the anti comments seem based on nimbyism and mis-information/exaggeration from campaigners who fight all developments, but especially in the National Park.
    Objectively, the site proposed seems remarkably low impact and being well screened by mature woodland it will be almost un-noticed by most who pass by.

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    Re: York potash project

    Having led out of Boulby Potash and seen the hoops they have to jump through to keep the National Parks happy good luck. Hopefully pressure will be applied from above for them.

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    Senior Member 4wd's Avatar
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    Re: York potash project

    http://www.northyorkmoors.org.uk/Pre...ures-deferment

    Application deferred for further 'environmental work'

    At the request of York Potash the North York Moors National Park Authority has today agreed reluctantly to defer for a third time consideration of York Potash’s planning application.

    More here:
    http://www.bbc.co.uk/news/uk-england...shire-23353095

  5. #5

    Re: York potash project

    Sirius mining shares are super cheep today flowing a negative AMEC report and the planing deferral. What say you are they a good risk.
    Check III message board for massive vitriol.

    http://www.iii.co.uk/investment/deta...scussion&it=le

  6. #6

    Re: York potash project

    Has anyone looked at the AMEC report. Is polyhalite really a salable fertilizer.

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    Re: York potash project

    Quote Originally Posted by Agricontract View Post
    So planning app is in let's hope the planners have a some sence and realise the country needs things like this
    Who on here is in agreement were there they have shares or not
    The new governor of the Bank of England is a Canadian. Alberta is cash rich because of natural resources, sulphur, coal, oil agriculture etc. He is in for a shock in our economy!!
    Australia is also cash rich with no national debt.

    What has the UK got to sell?

    Jack Caley

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    Re: York potash project

    Quote Originally Posted by Jack_Caley View Post
    ...What has the UK got to sell?

    Jack Caley
    UK could sell a lot more if emphasis was on expanding the economy by exporting more or producing stuff we otherwise have to import, which is other side of same coin. Get rid of red tape that discourages it. Houses, high speed railways etc., airports should only be built if financed with foreign money.
    Only those who will risk going too far can possibly find out how far one can go

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    Re: York potash project

    According to the BBC t'other night there are 40+ applicants for every low paid job. Seems like a few factories making something useful to export could solve several problems with one stone.

    But Labour wanted everyone to go to uni and become service and knowledge people. Why? Because the UK could never meet its climate change/CO2 emissions targets if there were big factories here. Better to buy carbon in from China instead.

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    Re: York potash project

    I think the big problem will be the amount of extra road traffic while it is being built, those roads are some of the worst in the country, also the pipeline is going to be a massive scar on the landscape while it is going in, don't think the mine itself would be a problem.
    Give it full throttle

  11. #11

    Re: York potash project

    AMEC states that it does not believe there is a significant market for polyhalite and therefore stated economic benefits are unlikely to occur. This is followed with a view that as polyhalite cannot be sold in sufficient volumes, the economic and employment benefits cannot be realised.

    Any fert' experts out there?

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    Re: York potash project

    Quote Originally Posted by Stump Grinder View Post
    Has anyone looked at the AMEC report. Is polyhalite really a salable fertilizer.
    They aren't mining much of it out of Boulby at the moment, mainly potash and salt.
    Give it full throttle

  13. #13

    Re: York potash project

    (SXX) Sirius Minerals 18.25p -4.00p (-17.78%)


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    Re: York potash project

    Quote Originally Posted by Condi View Post
    According to the BBC t'other night there are 40+ applicants for every low paid job. Seems like a few factories making something useful to export could solve several problems with one stone.

    But Labour wanted everyone to go to uni and become service and knowledge people. Why? Because the UK could never meet its climate change/CO2 emissions targets if there were big factories here. Better to buy carbon in from China instead.
    I think you'll find the emphasis on the service sector and policy of getting as many people as possible to stay in education as long as possible started in the '80s under the Conservatives. And had naff all to do with the Environment and everything to do with their discovery of just how much tax revenue an unfettered City of London could generate if the economy and currency were managed to it's benefit.

    Of course artificially keeping the Pound high pretty much finished off what was left of our heavy industry that national ownership and militant trade unionism hadn't already sunk, so something had to be found for the population to do. And keeping them out of the workplace as long as possible and doing each other's laundry / marking up cheaply produced consumer tat from overseas / allowing the public services to become bloated, worked very well until the wheels came off...

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    Senior Member matthew's Avatar
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    Re: York potash project

    Quote Originally Posted by Stump Grinder View Post
    AMEC states that it does not believe there is a significant market for polyhalite and therefore stated economic benefits are unlikely to occur. This is followed with a view that as polyhalite cannot be sold in sufficient volumes, the economic and employment benefits cannot be realised.

    Any fert' experts out there?
    Sirius have contracts in place.

    http://www.digitallook.com/news/2099..._contract.html

    Report was commissioned by the YPA, possible influence by the usual supsects - potash importers?

    Go figure.

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    Re: York potash project

    Quote Originally Posted by Stump Grinder View Post
    AMEC states that it does not believe there is a significant market for polyhalite and therefore stated economic benefits are unlikely to occur. This is followed with a view that as polyhalite cannot be sold in sufficient volumes, the economic and employment benefits cannot be realised.

    Any fert' experts out there?
    G'Day Stump,
    Looking forward to the reply from Sirius , Thinking it will be measured,targeted & trying real hard not to tell AMEC how bloody silly they are looking.This consultant who has a long history of working for the Canadian Potash industry ,has a lot of explaining to do. Why did they submit this low rent factually deficient report at the 11th hour? . When you consider that the world has been held to ransom by the cartels & their price fixing activities It is no wonder that they do not want to see this succeed , especially when you consider that they have a better product at about a 3rd of the cost. Look further than just the use in the UK the big picture is the demand from China, India & South America who have had a gutfull of being bent over by the cartels for so long.
    I watched this team develop Fortescue Metals from nothing to being one of the worlds biggest iron ore suppliers , the chinese helped them with financing & offtake agreements because they needed a third big player to keep BHP & RIO honest. The same is happening here China needs this stuff a lot more than they ever needed Iron ore & they will do watever it takes to bring a new big player to fruition.The dirty tactics at play now are not going to stop in a hurry as the stakes are too high but the UK needs a new export industry as well as a new supply of Potash for the future.If polyhalite is not , as some suggest a marketable product then why the off takes already quing up? & why is the existing Israeli owned Boulby mine actively progressing towards mining & selling it?One might be excused for thinking that the ground proposed by Sirius may have been earmarked By Boulby for future mining but this new upstart has come along & pissed on their picnic.
    The next few weeks/months will be very interesting indeed.
    Regards
    SC
    Oz

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    Re: York potash project

    Quote Originally Posted by Stump Grinder View Post
    Has anyone looked at the AMEC report. Is polyhalite really a salable fertilizer.
    For yrs the potash cartels (canadian) have been holding a gun to the head of those who need this vital element. Interesting to note that AMEC have a close contractual association with the Cartel members & given the last minute release of their dubious report then one wonders what skullduggery is afoot.Look out in the near future for a detailed ,measured response to the AMEC report from Sirius.I might suggest that AMEC will end up with a please explain as the report is a load of easily dismissed rubbish to the point of being embarasing.As for the viability of POLYHALITE as fertiliser one needs only to look at the sales agreements & offtakes in place with more to follow.
    I watched these people take FORTESCUE from an Idea to being one of the worlds biggest iron ore miners in a flash. Lets look at the similarities : China was being squeezed by Rio & BHP on Iron ore prices so the saw the chance to help in the creation of a third big player to keep those other two gorrillas honest,they did so with offtakes & financing. In the Sirius case China 'India & South America are all sick of being bent over by the potash cartels & see this as a chance to even the field by supporting their plan for the York Potash mine.Regardless of Britains domestic needs the export opportunities dor the UK economy are huge & will last a very long time.The threat to the cartels from this mine cannot be overemphasised their product at a third of the price has got them worried & as for the Israeli owned Boulby mine ,they are moving to polyhalite production themselves & have received a 16mil pound grant to assist in processing & that is for a mine with depleated stock & a short future.One wonders if this company has beaten them to the punch in aquiring the mining rights they themselves were relying on for the future.
    Interesting times ahead, much at stake,
    Stephen
    Oz

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    Re: York potash project

    Quote Originally Posted by matthew View Post
    Sirius have contracts in place.

    http://www.digitallook.com/news/2099..._contract.html

    Report was commissioned by the YPA, possible influence by the usual supsects - potash importers?

    Go figure.

    Sorry if I have repeated myself
    Oz

  19. #19

    Re: York potash project

    Very interesting.
    I'v read so much contradictory ramping and deramping now I don't no what to think.
    Some one suggested that the polyhalite only has one third the potassium of conventional potash fert so there would be massive extra bulk.

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    Re: York potash project

    Quote Originally Posted by Stump Grinder View Post
    Very interesting.
    I'v read so much contradictory ramping and deramping now I don't no what to think.
    Some one suggested that the polyhalite only has one third the potassium of conventional potash fert so there would be massive extra bulk.
    Who was the someone? these statements quoting "someones" are of the type that do create confusion & questionable misinformation.

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    Re: York potash project

    Looks like the bottom just fell out of the potash market:

    http://www.agrimoney.com/news/potash...ers--6101.html

    If the price of potash globally was being artificially kept up by a cartel which has now collapsed, it doesn't bode well for the likelihood of Sirius mine getting developed.

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    Re: York potash project

    Quote Originally Posted by goweresque View Post
    Looks like the bottom just fell out of the potash market:

    http://www.agrimoney.com/news/potash...ers--6101.html

    If the price of potash globally was being artificially kept up by a cartel which has now collapsed, it doesn't bode well for the likelihood of Sirius mine getting developed.
    The difference being that the sirius product is less than half the price of their competitors . One must remember just how much of a threat to other producers this project could be & then you will understand the reasons for any potash market moves & production increases being announced. Big business is dirty & the fertilizer industry is as grubby as it gets. Most people reading this board should be aware from their own experience just how savage fert pricing can get.

    SC
    Oz

    A long way to go yet

  23. #23
    Senior Member 4wd's Avatar
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    Re: York potash project

    http://www.gazetteherald.co.uk/news/..._be_withdrawn/

    All a bit odd, more going on than we are told?
    How are the shares doing?

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    Re: York potash project

    As soon as the planning ap was postponed till next year the share price has been shorted to the max & has dropped accordingly.Must remember for every seller there is a buyer .The Govt wants this to happen & thats what counts in the long run ,might look to add a few more as the planning app date nears . My decision time on whether to stick with or bail is oct 2016. till then chin up.
    sc
    oz

  25. #25
    Senior Member 4wd's Avatar
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    Re: York potash project

    On a more positive note, they have bought the farmland at the site
    http://www.yorkpress.co.uk/news/ryed...ne_developers/

  26. #26

    Re: York potash project

    Is all the farm land in the national park?

  27. #27
    Senior Member 4wd's Avatar
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    Re: York potash project

    Quote Originally Posted by Stump Grinder View Post
    Is all the farm land in the national park?
    It must be pretty much, only a small area around Whitby is not in the Park

    The extraction transport plans have changed now from unprecedented pumping slurry through pipes up and down hills, to a much deeper tunnel containing a conveyor belt and road/track alongside for service vehicles - a larger job than digging the channel tunnel with no serious plan as to where all the spoil would go.
    I think they've lost the plot basically.
    http://www.whitbygazette.co.uk/news/...mine-1-6478687

  28. #28
    Senior Member Ray's Avatar
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    Re: York potash project

    Quote Originally Posted by 4wd View Post
    http://www.gazetteherald.co.uk/news/..._be_withdrawn/

    All a bit odd, more going on than we are told?
    How are the shares doing?
    Not as good as a year ago, but better than three months since when they slumped to around 6p http://www.proactiveinvestors.co.uk/...rius-Minerals/

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    Re: York potash project

    Been a long road but planning result 30th June & looking quite promising. Best wishes to all on that side of the pond hoping your election result is mirrored in our next vote.
    Regards
    K

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    Re: York potash project

    On a visit to their main competitor...next door neighbour ( in mining terms). They felt the whole scheme was fairly optimistic to say the very least!
    Apparently a few things govern output from a mine, but the main one is the capacity of the shaft in terms of being able to lift a given amount in a given time.
    Remember you need two shafts one for men and one for product.
    These are extremely deep shafts, depth equals length of lift equals time.
    Something that strikes you after more than five minutes hurtling down over in a pit cage.
    Apparently the whole thing is based on constructing a shaft of a much greater diameter than has been achieved before (no mean feat in mining terms)
    From memory about 60% of what comes up is to dispose of as waste.
    Costs can rapidly exceed income.
    Anyone used much Polyhalite before? It may well be the coming thing.
    Plus most of the money seems to have been raised from enthusiastic investors,so far!

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