MJ COMMENT

Did Sirius pinch the risk capital?

Capital has been flowing liberally this year, relatively speaking, with no financing more jaw-dropping than a US$1.2 billion package reeled in last week by Sirius Minerals managing director and former Citi banker, Chris Fraser.

Chris Fraser has pulled off a minor miracle in snaring more than $1 billion in risk capital for York

Chris Fraser has pulled off a minor miracle in snaring more than $1 billion in risk capital for York

The cash will be used to start building the company's York polyhalite project in England's north.  That's not a typo, by the way: that $1.2 billion will only ‘start’ the building process by getting several...

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