Sirius shareholders approve Anglo takeover
Mining News Pro - Shareholders in Sirius Minerals, the British junior struggling to develop a huge fertilizer mine beneath the North Yorks Moors national park, approved on Tuesday a planned takeover by Anglo American, despite several attempts to avoid it.
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Sirius shareholder Odey comes down on Anglo’s “mockery” bid
Mining News Pro - London-based hedge fund Odey Asset Management has launched an aggressive attack on Anglo American’s £405 million (about $524m) planned takeover of Sirius Minerals, saying it does not represent fair value for shareholders.
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Sirius Minerals’ last-minute attempt to avoid Anglo takeover fails
Mining News Pro - Sirius Minerals, the British junior struggling to build a huge fertilizer mine beneath the North Yorks Moors national park, revealed on Friday it had been studying an alternate deal to the planned takeover by Anglo American, adding that it had fallen through.
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Sirius buy to put pressure on Anglo’s free cash flow
Mining News Pro - A successful acquisition of Sirius Minerals by diversified miner Anglo American could be accommodated within the latter’s current Baa2 rating with ratings agency Moody’s but would increase Anglo’s financial risk profile for a number of years, the agency said on Friday.
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Sirius Minerals unveils rescue plan for UK’s biggest fertilizer mine
Mining News Pro - Sirius Minerals, the British company building a huge fertilizer mine beneath a national park, is seeking a strategic investor to help fund a revised two-stage development plan for its Woodsmith project.
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Sirius Minerals shares crash after scrapping $500m fundraising plan
Mining News Pro - Sirius Minerals, the British company building a huge fertilizer mine beneath a national park, lost more than half of its market value on Tuesday after it announced it had cancelled plans to raise the $500 million needed to move ahead with the Woodsmith project.
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Sirius Minerals scraps $500m bond sale, shares plunge
Mining News Pro - Shares in Sirius Minerals (LON:SXX), the British company building a huge fertilizer mine beneath a national park, plummeted on Tuesday after it suspended a planned $500 million bond sale, which was a key part of the funding necessary for its polyhalite mining project.
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Sirius Minerals puts alternative plan for potash project on the table
Mining News Pro - Shares in Sirius Minerals, the British company building a huge potash mine beneath a national park in North Yorkshire, were off to the races on Tuesday as it has come up with an alternative financing plan for the project.
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