'Doves Nest'

Benefitz Betty's picture

According to Sirius CEO Chris Frazer interviewed on BBC Radio York the York Potash Mine will be named this Friday, today.   After much fun and speculation as to what this re-naming could be, should be or would be tis time to take some consideration to what he actually said, and sniff out some pointers, bullet style -)

https://www.youtube.com/watch?v=26ELh7P2ZtA

Hurdles - all permissions in place, working in a collaborative way with the local authorities, almost 100 conditions attached, mitigations are in place to manage temporary impacts, the level of funding into environmental offset £130mil, to protect and reassure, once built will disappear into the landscape

Stoppages - it is in everyones interest to get this built as soon as possible

Shares - been as low as 5p as high as 51p, our job is to deliver the project, shareholders trade, the buys & sells determine the shareprice

Capital - go & get to convince people of a value proposition, secured $1bil of finance late 2016; international institutions, mainly UK based and professional investors.  £450mil @ 20p, £300mil  via Hancock bond convertible into equity 

Finance In Place -  two parts - Stage I, as above.  Stage II in 3 years 100% debt via banks, bonds ie borrow money & pay it back

Shaft Sinking - will be done simultaneously starting in the middle of the year - one mile into the ground 

The Tunnel - designed to have the smallest impact on the National Park

Production - expect first potash to be sold at port 2021 

Selected Contractors  - NMC & AMC starting to recruit, construction workers expected to peak at 2000

Jobs -  increasing from 60 to over 160 permanent long term well paid  over the next 12 months, advertised on social media, website and via Scarborough Job Match, need the right attitude, skills and experience.  Increasing apprenticeships to place transitional skills for permanent operatives via local colleges for local skillsets  

Community - here now 5 years. Both large and small landowners hold mineral rights.  York Potash Foundation to receive 0.5% of Revenue for ever... expected to equate to £5-£10mil per year, providing bursarys for local kids, health, education and community projects.

Meanwhile : http://www.bbc.co.uk/news/business-39038615

Conveyors ... best not go there, reads like an expensive hair dryer to me :-)) 

https://www.youtube.com/watch?v=_VU9DjQpvMQ&list=RDoFboJFC9pxs&index=21

Oh Happy Days...  Alice, EOS,  Crows Nest?

Turtles.

Oh, OK ;-) https://www.youtube.com/watch?v=Xvo-bfaVsg0

Mind the Soap...

 

 

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Benefitz Betty's picture

White Cabbage Mine Named

Sirius Minerals today named their 'protege' project Wood Smith ... after some prismatic reflection ... I guess thats a Poly 4 job ;-))

https://www.youtube.com/watch?v=Y_NnXjMBwLQ

Diamond geezers eh?

Oh well, every Dog has it's day, a field day :-)

http://www.gazettelive.co.uk/business/business-news/woodsmith-mine-2500-...

Hey ho :-)

http://www.yorkshirecoastradio.com/news/local-news/2232313/whitby-potash...

Work.... Bah ... mind tis better than Woollies.

Gert ya Potash 'ere ... 

Seriously, it implies Sirius have another project on the horizon ... 

Humbly Bumblies :-)

Follow the Cat ...

Lurrve & Peas.

Benefitz Betty's picture

SXX: 'Woodsmith' - Unveiled

The Gazette in Full Flow:

http://www.gazettelive.co.uk/business/business-news/teesside-can-a-desti...

"“The main contractor for building the mine site are mobilising around the middle of this year and that means in the run-up to that and in the months after they will be out there looking for those jobs to do the things they are doing within their scope of work. They will start expanding and bringing people in and we will be doing the same.

"“We have well over 1,000 - if not 2,000 - CVs already and when we look to get a role we go to that database and give access for our contractors and encourage them to always see if they can source locally.”"

"Amanda Skelton, Chief Executive of Redcar and Cleveland Council, agreed, adding: “It is a very proud day after what has been a real team effort across the region, with some great characters involved. It is absolutely fantastic for everyone and so important for the future. It is inspirational, and brings so many opportunities at Wilton and the port as well as here at the Sirius site.”"

http://www.gazettelive.co.uk/business/business-news/woodsmith-mine-2500-...

http://www.gazettelive.co.uk/business/business-news/facts-figures-behind...

http://www.gazettelive.co.uk/business/business-news/men-whose-skill-expe...

Our fave, on't Radio :

http://www.yorkshirecoastradio.com/news/local-news/2232313/whitby-potash...

Oi...  http://www.yorkshirecoastradio.com/news/local-news/2232249/learn-art-of-...

http://www.itv.com/news/tyne-tees/2017-02-24/naming-ceremony-for-north-y...

Captain Qahn's picture

York Potash - Updates

http://siriusminerals.com/our-project/latest-construction-news/

"Limiting impacts

The planning permissions for the Project include a range of planning conditions that cover areas such as traffic movements, noise and site lighting, amongst others. The Company will operate within these limits and will continue to seek to limit the impact of construction on people living, working and visiting the local area wherever possible.

Communication

We will ensure that local residents, businesses, schools and other stakeholders nearby the works are notified and provided with further details before work on each site commences. This will include letters, newsletters, press releases and in some cases public exhibitions.

It is also important to us that people have the opportunity to contact us directly if they have questions or concerns about the Project. We can be contacted on our 24-hour community helpline on 0845 543 8964.

In addition there will be quarterly Liaison Group Forum meetings with local elected representatives that are open to members of the public to attend. The purpose of these meetings is to provide Project updates and receive community feedback. Minutes of meetings are available using the link to the right and future meetings will be publicised on this website."

http://siriusminerals.com/work-with-us/suppliers/

http://siriusminerals.com/work-with-us/jobs/current-vacancies/

Logistics ...

Captain Qahn's picture

Peak Resources

http://www.gazettelive.co.uk/business/business-news/more-400-constructio...

"It would process and refine “rare earth” minerals - mainly mined in Tanzania - for use in a range of products, including mobile phones, wind turbines and for the automotive sector."

http://www.peakresources.com.au/IRM/content/default.aspx

Magnetical.

https://www.youtube.com/watch?v=8tIgN7eICn4

excellent night time view ... do ya spose they is worried about the Frack ... all equipment now on KM8 site looking for a public vid ...

rumble rumble.  

Captain Qahn's picture

SXX: Another View

http://www.gazettelive.co.uk/business/business-news/how-23bn-sirius-mine...

Exclusive: CEO of Sirius Minerals Chris Fraser gives Mike Hughes an insight into the story of Woodsmith Mine, one of the region's largest industrial projects

"It looked like a sunny day - but the assembled group at an open field entrance a stone’s throw from Ugglebarnby Moor were soon feeling the cold as feet were stamped and hands rubbed.

But is was worth it - this was the start of something big, worth millions to the economy and the local community.

Truck-wide mud paths running away from us and a few cranes out in the field 100 yards away were the main sign that this would be the entrance to Woodsmith Mine, digging deep into one of the world’s richest deposits of Polyhalite, a key ingredient of fertiliser.

Every year, the Sirius Minerals mine - which was officially named after two retired geologists who were recruited by Sirus CEO Chris Fraser - will bring up 10 million tonnes of polyhalite and then take it through a 23-mile tunnel to a handling facility and port at Teesside.

"The project will create more than 1,000 direct jobs and as many as another 1,500 indirectly, all working towards generating more than £2bn in exports.

“The whole operation is on schedule and exactly where we want to be, although we are continuing the work to try to accelerate things because that is in our nature - the best way to maintain schedule is always to try to exceed it,” says Chris.

"Australian-born, he was educated at The University of Western Australia in Perth and spent three years with KMPG, two at Rothschild and nine at Citigroup, where he was national Managing Director of Metals and Mining Investment.

He became MD and CEO of Sirius in 2011 and now he is here next to Ugglebarnby in chilly Yorkshire - and he couldn’t be happier.

“I commuted from Sydney for the first few years, once managing 16 trips in one year,” he told me in the warmer lounge of the nearby Stables pub at Cross Butts.

“But I was jet-lagged all the time and my wife and said it was time to move. In 2012 we set up home just outside Scarborough with the kids - my 12-year-old daughter now has a thick Yorkshire accent, but my son has managed to keep his Aussie voice!”

"The scope of what he is creating in his adopted home, and the long-term impact it will have on the whole region, is always at the forefront of his plans, and the company is committed to supporting the next generation of workers - and the one after that... and the one after that.....

“It will bring jobs for many, many years and in terms of its economic contributions for the region - and the whole country - it is really important,” he says, sitting in front of a panoramic view of the North Yorkshire Moors National Park his 23-mile pipeline will be passing under.

“We have had a long-term commitment to the level of apprentices and enshrined the aim of having 50 during construction and then to provide all sorts of training opportunities and ways in to the business. That goes all the way back to engaging with schools now to encourage the STEM subjects and get kids to think about long-term, careers.

“What we have heard from farmers and the like is that this is great because their kids can now have the opportunity to live and work in the area rather than have to leave.

"“One thing that will be very exciting is the work that our foundation can do working with local kids. It is a royalty-based structure which puts half a per cent of revenue into a trust forever - around £8m a year to provide scholarships and bursaries to kids from the area to go to better schools and universities, but also for community projects.

“There have been a lot of people engaging with the project who have a good understanding of the economic stimulus it will bring and that is why we have had so much strong support.”

That support from the community is the result of clarity in the Sirius messages and an investment of time and understanding, all at the same time as the investment of £2.3bn continues.

"The link to Teesside is both spiritual and actual - with our mining heritage drawn from the ironstone in the Eston Hills forming a monolithic backdrop to Sirius’s mind-boggling 23-mile tunnel to the Teesside port.

“People have said the spirit of the project, particularly the tunnelling, is like the Victorian railways but it happens to have the lowest impact and the lowest cost,” said Chris.

“Also, the land around here is not flat so instead of having all those issues of going over and under roads, let’s just go down and connect the mine to the port.”

"Chris loves a good engineering stat, and there are plenty to drop into the conversation as the Stables cappuccinos start to kick in.

The tunnel is around the same size - four to five metres in diameter - as a London Underground tunnel, with a conveyor belt on the roof and a small maintenance railtrack on the bottom.

On average it will be around 250m below ground, starting 360m below at the mine and then coming out at Wilton, and it stays in one dry rock strata all the way, the same strata as Redcar and Wilton are built are built on and the same as the seven-foot chunk of rock holding the site’s new name plaque.

“There are three boring machines - basically tunnel factories - one launched from Wilton, one from the mine and one inbetween from Lockwood Beck, each doing about 12km,” explained Chris.

“The whole route is pretty much straight and we don’t go under a single house - I think we only pass close to the corner of one barn. To give you an idea of the speed, the hoists in the shaft do something like 60mph coming up with the rock. They then slow down, drop it off and then it is dropped on to the conveyor, which will be running at around 13mph.”

"The friendly locals above ground will not hear a thing, and the crockery is safe on those kitchen shelves. Among the grateful residents will be Peter Woods and Dr Rick Smith, who were given the rare honour of having the mine named after them. The two elderly gentlemen I met that day had put on their Sunday best for the privilege and were genuinely touched. For Chris, this was a mix of practicality and personal thanks.

Mr Woods and Dr Smith both have extensive knowledge of the local geology and were the first people in the area to work with Chris Fraser after he left Citigroup and went on the hunt for minerals assets and opportunities.

"With a particular interest in potash, Chris became aware of the deposit at what is now Smithwoods, investigated further and heard of the wealth of local knowledge held by Peter and Rick.

“Without their commitment there wouldn’t be a project and their extensive knowledge of, and passion for, the geology has been invaluable,” he said.

“They share the combination of being dedicated professionals and genuinely decent people, so I could not think of a more fitting way to recognise their immense contribution and all the benefits it has and will continue to deliver.”

“The name also implies an element of rural craftsmanship that befits both the mine’s location and our teams’ innovation and painstaking diligence towards this important project”, he added.

The Polyhalite deposit may be rich, but it is the seam of local passion, commitment and knowledge that will keep this vast project running for generations."

Excellent stuff from Mike Hughes.

https://www.youtube.com/watch?v=bl5TUw7sUBs

Oh,OK: https://www.hud.ac.uk/

@ The 'Gareth' Streak ... darn it. 

Shorts...

Captain Qahn's picture

Sirius Minerals New HQ

https://www.yorkshirecoastradio.com/news/local-news/2241475/sirius-miner...

6:05am 9th March 2017

Sirius Minerals Plc has signed a deal to move its headquarters to Prospect House – the iconic, former Scarborough Building Society building which stands at the town’s southern gateway.

The Company, which is developing its Woodsmith Mine near Whitby, is fast outgrowing its current office nearby at Manor Garth on the Eastfield business estate. It hopes to move into the building by the summer, following a complete refurbishment.

Sirius Minerals’ North Yorkshire polyhalite project will create over 1,000 jobs at full production and across the project, which stretches from the head office in Scarborough to the mine near Whitby and the port and materials handling infrastructure at Teesside.

With a team of 70 people already based in its Scarborough office, Sirius is expecting its head office staff to grow to 160 this year. This will also be supplemented by additional contractor teams.

The Prospect House building has stood idle for a number of years. It was constructed for Scarborough Building Society in 2002 but was vacated following a merger with Skipton Building Society in March 2009.

The building, which sits in a site covering nearly four acres, has the capacity to accommodate Sirius’ growing team for the long term.

Gareth Edmunds, External Affairs Director, commented:

“We are very pleased to be able to secure a building that meets the needs of our business. We have been located in the area since the launch of our Polyhalite project and this is a further demonstration of our commitment to the region.

It’s great to be able to bring an iconic building in the town back into productive use and we hope this can offer further encouragement to other businesses considering investing here on the Yorkshire Coast.”

Robert Goodwill, MP for Scarborough and Whitby said:

“I am delighted that this building, that been stood there as a reminder of the former great days of Scarborough Building Society, is going to be occupied by a business with a long-term future.”

Cllr Derek Bastiman, Leader of Scarborough Borough Council added:

“The Borough Council has worked closely with Sirius and its great news that they are committing to the area and securing further high quality employment for the Borough.”

Prospect House.

That'll be for all the new Sirius staff :-)

http://siriusminerals.com/work-with-us/jobs/current-vacancies/