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Government of Navarra releases Social Baseline Study for Muga project

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World Fertilizer,

Highfield Resources has announced that the Observatorio de la Realidad Social, a social department of the Government of Navarra, has released the Social Baseline Study of the Muga mine, which concludes that the Muga potash mine represents a significant positive socioeconomic potential for the local region.

The independent Government study concludes that the mine will be able to reverse local depopulation which is severely affecting the local communities. It also concludes that it could reverse the higher rates of local unemployment and that Muga could significantly boost the economies of the rural Navarran communities with indirect business opportunities. The report also outlines eight collaborative strategies for the regional government, authorities and the company to follow in order to achieve a sustainable implementation and growth.

The Government study, which was prepared throughout 2020, had the objective to assess the current situation and analyse the potential social and economic impact of Muga on Navarra’s socioeconomic development. It reviews a wide range of econometric data and includes analysis and findings resulting from the direct engagement with local authorities, government officials, relevant public institutions and other Muga mine stakeholders.

Highfield Resources CEO, Ignacio Salazar, said: “We are delighted to read this independent report published by the Government of Navarra and its conclusions about the positive social impact of the Muga project. We welcome the rigour and energy that went into producing this study and the proactiveness of the Government of Navarra in undertaking this task early in the process. At the same time, we appreciate the endorsement of the Government of Navarra to the contributions of Muga and look forward to working together with the Government, local communities and all interested parties to get the Muga mine into production for the benefit of all stakeholders.”

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