BUZZ-Sirius Minerals: Wins nod for mine in British national park, shares surge

Wed Jul 1, 2015 4:01am EDT
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** Sirius Minerals Plc shares up 63 pct touching 2-year highs after co wins go-ahead to build a large mine in a scenic national park in Yorkshire

** North York Moors National Park's planning committee members voted 8 to 7 in favour of construction of the York Potash polyhalite mine within the park boundaries near Whitby

** The York Potash mine would be the UK's first new potash mine in 40 years

** York could produce 13 million tonnes annually

** AIM-listed co aims to be the biggest producer of granulated polyhalite, which contains multiple crop nutrients such as potash, sulfur and calcium

** "With the key permitting hurdle now overcome, the focus now becomes delivery of the Bankable Feasibility Study and funding the mine," Liberum says in a note (