Anglo American expects to start excavating “the deepest mineshaft in Europe” before the end of 2020 at the Woodsmith project polyhalite mine on the North Yorkshire coast. SBR The South African mining giant, which bought the project in January 2020 from Sirius Minerals for £400 million, is currently assembling its first 60-metre Shaft Boring Roadheader […]
Tag: Anglo American
Sirius sold for estimated £400m to Anglo American
Sirius Minerals and its polyhalite Woodsmith project in North Yorkshire and Teesside have been sold for an estimated £400m to South African mining giant Anglo American. SHAREHOLDERS Sirius needed £400m to fund the first phase development but received no government support and faced uncertainties over the UK leaving the European Union. Anglo American expressed an […]