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Sirius Minerals on the brink

Sirius Minerals on the brink

A torturous summer was capped for shareholders in Sirius Minerals (SXX) this week after the aspiring polyhalite miner scrapped its plans for second-stage financing, throwing into serious doubt the future of the UK’s largest mining development in a generation. Six weeks after an aborted attempt to tap the bond market for $500m (£400m), the group concluded that a second attempt had been rendered impossible by what it termed “current market conditions”.

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