Potash

The Mining Authorities of Madrid, Aragón and Navarra are satisfied with the Mining Concession documentation submitted by Highfield for the Muga Potash Project.

Funds raised from the placement will be applied towards pre-development activities at the Lake Wells sulfate of potash project in advance of a Final Investment Decision.

The agreement covers the supply of 150 000 tpy of sulfate of potash produced from the Mackay potash project for sale and distribution in China.

Primero Group has been awarded a Front End Engineering Design contract for the process plant at the Mackay potash project in Western Australia.

Highfield Resources has delivered a positive report from the environmental department of Aragón regarding the Muga potash project to the mining authorities of Madrid, Aragón and Navarra.

Saskatchewan Mining and Minerals' upgraded facility in Chaplin is expected to produce 150 000 metric tpy of sulfate of potash, which will be sold to North American and international markets.

The company recorded net income of US$157 million, or US$0.41 per share, for 1Q21.

The company's 1Q21 adjusted net earnings were US$165 million, or US$0.29 per share, and adjusted EBITDA was US$806 million.

The company's net profit in 1Q21 was RUB5604 million, against a loss of RUB10 174 million in 1Q20.

The company’s Part IV Environmental submission has been approved by the Australian government, having been recommended by the Environmental Protection Agency with no appeals in January 2021.

Hundreds of thousands of tonnes of fertilizer enter Canada through the Port of Montreal during the spring seeding season destined for farms across Eastern Canada.

The scope of the contract includes drilling, installation and development of brine and process water bores at the Lake Wells sulfate of potash project.

BHP has spent US$2.97 billion on the project in Saskatchewan, Canada, so far.

Mayo Schmidt succeeds Chuck Magro, who is stepping down from his management and Board role at the company to pursue new opportunities.

The company has received Green Loan verification for the debt issued to partly fund the development of the Lake Wells sulfate of potash project.