http://www.proactiveinvestors.co.uk Proactiveinvestors RSS feed en Sat, 18 Aug 2018 02:07:45 +0100 http://blogs.law.harvard.edu/tech/rss Genera CMS action@proactiveinvestors.com (Proactiveinvestors) action@proactiveinvestors.com (Proactiveinvestors) <![CDATA[RNS press release - Holding(s) in Company ]]> http://www.proactiveinvestors.co.uk/companies/rns/12179/LSE20180727094838_13734059/ Fri, 27 Jul 2018 09:48:38 +0100 http://www.proactiveinvestors.co.uk/companies/rns/12179/LSE20180727094838_13734059/ <![CDATA[RNS press release - Strategic Alliance with Major Fertiliser Company ]]> http://www.proactiveinvestors.co.uk/companies/rns/12179/LSE20180726070022_13731774/ Thu, 26 Jul 2018 07:00:22 +0100 http://www.proactiveinvestors.co.uk/companies/rns/12179/LSE20180726070022_13731774/ <![CDATA[RNS press release - Issue of Performance Shares ]]> http://www.proactiveinvestors.co.uk/companies/rns/12179/LSE20180723072939_13727115/ Mon, 23 Jul 2018 07:29:39 +0100 http://www.proactiveinvestors.co.uk/companies/rns/12179/LSE20180723072939_13727115/ <![CDATA[RNS press release - Arapua Project Update including MAPA Approval ]]> http://www.proactiveinvestors.co.uk/companies/rns/12179/LSE20180718070003_13721564/ Wed, 18 Jul 2018 07:00:03 +0100 http://www.proactiveinvestors.co.uk/companies/rns/12179/LSE20180718070003_13721564/ <![CDATA[RNS press release - Holding(s) in Company ]]> http://www.proactiveinvestors.co.uk/companies/rns/12179/LSE20180628102252_13697336/ Thu, 28 Jun 2018 10:22:52 +0100 http://www.proactiveinvestors.co.uk/companies/rns/12179/LSE20180628102252_13697336/ <![CDATA[RNS press release - Holding(s) in Company ]]> http://www.proactiveinvestors.co.uk/companies/rns/12179/LSE20180622091518_13689873/ Fri, 22 Jun 2018 09:15:18 +0100 http://www.proactiveinvestors.co.uk/companies/rns/12179/LSE20180622091518_13689873/ <![CDATA[RNS press release - Holding(s) in Company ]]> http://www.proactiveinvestors.co.uk/companies/rns/12179/LSE20180619104951_13685256/ Tue, 19 Jun 2018 10:49:51 +0100 http://www.proactiveinvestors.co.uk/companies/rns/12179/LSE20180619104951_13685256/ <![CDATA[RNS press release - Holding(s) in Company ]]> http://www.proactiveinvestors.co.uk/companies/rns/12179/LSE20180618101556_13683398/ Mon, 18 Jun 2018 10:15:56 +0100 http://www.proactiveinvestors.co.uk/companies/rns/12179/LSE20180618101556_13683398/ <![CDATA[RNS press release - Holding(s) in Company ]]> http://www.proactiveinvestors.co.uk/companies/rns/12179/LSE20180618101509_13683397/ Mon, 18 Jun 2018 10:15:09 +0100 http://www.proactiveinvestors.co.uk/companies/rns/12179/LSE20180618101509_13683397/ <![CDATA[RNS press release - Holding(s) in Company ]]> http://www.proactiveinvestors.co.uk/companies/rns/12179/LSE20180618101057_13683394/ Mon, 18 Jun 2018 10:10:57 +0100 http://www.proactiveinvestors.co.uk/companies/rns/12179/LSE20180618101057_13683394/ <![CDATA[RNS press release - Holding in Company ]]> http://www.proactiveinvestors.co.uk/companies/rns/12179/LSE20180614104501_13679798/ Thu, 14 Jun 2018 10:45:01 +0100 http://www.proactiveinvestors.co.uk/companies/rns/12179/LSE20180614104501_13679798/ <![CDATA[RNS press release - Completion of £9.712 Million Fundraise ]]> http://www.proactiveinvestors.co.uk/companies/rns/12179/LSE20180611151220_13675000/ Mon, 11 Jun 2018 15:12:20 +0100 http://www.proactiveinvestors.co.uk/companies/rns/12179/LSE20180611151220_13675000/ <![CDATA[News - Harvest Minerals raises £9.7mln in oversubscribed placing as orders roll in ]]> http://www.proactiveinvestors.co.uk/companies/news/198578/harvest-minerals-raises-97mln-in-oversubscribed-placing-as-orders-roll-in-198578.html Harvest Minerals PLC (LON:HMI) has raised £9.712mln from an oversubscribed share placing providing funds to strengthen its balance sheet while it ramps up operations at the Arapua fertiliser project in Brazil.

Following an accelerated bookbuild, the AIM-listed firm said 52.497mln shares were placed with certain existing and new institutional and other investors at a price of 18.5p per share.

READ: Harvest Minerals says Ministry of Agriculture in Brazil has conditionally approved KPfértil as a remineraliser

In late afternoon trading, Harvest Minerals' shares were changing hands at 22.25p each, down 1.2% on Friday's close.

Harvest said the funds will primarily be used to support the continued development and expansion of production facilities at the company's Arapua Fertiliser Project in Brazil, further strengthening the Company's in-country sales and marketing team as it focuses on building its sales pipeline, and for general working capital purposes. 

KPfértil, an organic fertiliser and remineraliser, is produced by Harvest at Arapua, where there are indicated and inferred resources of more than 13 million tonnes of material.

A contract for 50,000 tonnes of KPfertil was also announced today to add to a 36,000 tonnes contract signed in March Agrocerrado at a sale price of US$53/t.

Brian McMaster, executive chairman of Harvest, said: "This £9.712 million placing is a significant achievement for the Company and a pivotal moment in its evolution. As a revenue generative producer with a large project located in the heart of the largest and fastest growing fertiliser market in Brazil and with a clear growth strategy, Harvest is a straightforward, yet compelling proposition; it is encouraging that institutional investors have recognised its potential.

He added: "The funds raised via this oversubscribed accelerated bookbuild will enable us to increase production at Arapua as incoming sales orders necessitate, strengthen our in-country sales team and enable us to capitalise on further opportunities."

 -- Adds details on placing completion; updates share price --

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Mon, 11 Jun 2018 07:51:00 +0100 http://www.proactiveinvestors.co.uk/companies/news/198578/harvest-minerals-raises-97mln-in-oversubscribed-placing-as-orders-roll-in-198578.html
<![CDATA[RNS press release - Director Dealing ]]> http://www.proactiveinvestors.co.uk/companies/rns/12179/LSE20180611070202_13673712/ Mon, 11 Jun 2018 07:02:02 +0100 http://www.proactiveinvestors.co.uk/companies/rns/12179/LSE20180611070202_13673712/ <![CDATA[RNS press release - Proposed placing to raise approximately £9 million ]]> http://www.proactiveinvestors.co.uk/companies/rns/12179/LSE20180611070101_13673696/ Mon, 11 Jun 2018 07:01:01 +0100 http://www.proactiveinvestors.co.uk/companies/rns/12179/LSE20180611070101_13673696/ <![CDATA[RNS press release - New 50kt Sales Order ]]> http://www.proactiveinvestors.co.uk/companies/rns/12179/LSE20180611070003_13673630/ Mon, 11 Jun 2018 07:00:03 +0100 http://www.proactiveinvestors.co.uk/companies/rns/12179/LSE20180611070003_13673630/ <![CDATA[RNS press release - Issue of Performance Shares ]]> http://www.proactiveinvestors.co.uk/companies/rns/12179/LSE20180523070003_13651221/ Wed, 23 May 2018 07:00:03 +0100 http://www.proactiveinvestors.co.uk/companies/rns/12179/LSE20180523070003_13651221/ <![CDATA[RNS press release - Second Price Monitoring Extn ]]> http://www.proactiveinvestors.co.uk/companies/rns/12179/LSE20180514140537_13640259/ Mon, 14 May 2018 14:05:37 +0100 http://www.proactiveinvestors.co.uk/companies/rns/12179/LSE20180514140537_13640259/ <![CDATA[RNS press release - Price Monitoring Extension ]]> http://www.proactiveinvestors.co.uk/companies/rns/12179/LSE20180514140024_13640249/ Mon, 14 May 2018 14:00:24 +0100 http://www.proactiveinvestors.co.uk/companies/rns/12179/LSE20180514140024_13640249/ <![CDATA[RNS press release - Price Monitoring Extension ]]> http://www.proactiveinvestors.co.uk/companies/rns/12179/LSE20180514090023_13639550/ Mon, 14 May 2018 09:00:23 +0100 http://www.proactiveinvestors.co.uk/companies/rns/12179/LSE20180514090023_13639550/ <![CDATA[News - Harvest Minerals says Ministry of Agriculture in Brazil has conditionally approved KPfértil as a remineraliser ]]> http://www.proactiveinvestors.co.uk/companies/news/196890/harvest-minerals-says-ministry-of-agriculture-in-brazil-has-conditionally-approved-kpfrtil-as-a-remineraliser-196890.html Harvest Minerals Limited (LON:HMI) said it has been informed by the Ministry of Agriculture in Brazil that it has conditionally approved the company's application to register KPfértil as a remineraliser, pending the submission of additional materials which has now been done. 

The AIM-listed natural fertiliser producer said it has been advised that the submitted materials will be reviewed expeditiously, with final approval from MAPA expected this quarter.

READ: Harvest Minerals adds to sales and manufacturing capacity ahead of KPfertil ramp-up

Harvest's executive chairman, Brian McMaster, said, "This is welcome news, although it's important to note that the delay in gaining certification from MAPA has not impacted our ability to sell KPfértil, as highlighted by a recent 36Kt order from a major fertiliser distributor in Brazil.”

He added: “The process has taken longer than we anticipated, although this is largely because this is an entirely new process put in place by MAPA to facilitate approval, rather than any product issues. 

“Meanwhile, we are busy completing the plant expansion, which will enable us to process 320,000 tonnes of KPfértil per annum; all the equipment is now on site and is being installed and we have also received all the necessary permits to switch to grid power. 

“These advancements will facilitate the continued growth of sales and revenues as we look to establish Harvest as a highly profitable business."

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Mon, 14 May 2018 08:09:00 +0100 http://www.proactiveinvestors.co.uk/companies/news/196890/harvest-minerals-says-ministry-of-agriculture-in-brazil-has-conditionally-approved-kpfrtil-as-a-remineraliser-196890.html
<![CDATA[RNS press release - MAPA Application Conditionally Approved ]]> http://www.proactiveinvestors.co.uk/companies/rns/12179/LSE20180514070009_13638999/ Mon, 14 May 2018 07:00:09 +0100 http://www.proactiveinvestors.co.uk/companies/rns/12179/LSE20180514070009_13638999/ <![CDATA[News - Harvest Minerals readies for step-change year at Arapua ]]> http://www.proactiveinvestors.co.uk/companies/news/195851/harvest-minerals-readies-for-step-change-year-at-arapua-195851.html Harvest Minerals Ltd (LON:HMI) is pushing ahead confidently with its KPfertil fertiliser product and recently expanded its sales team and manufacturing plant.

The AIM-listed miner is currently anticipating a permit from the Brazilian Ministry of Agriculture, Livestock and Supply (MAPA) which, while taking longer than initially thought, will make 2018 “another real step change” according to chairman Brian McMaster.

Investing in fertiliser at Arapua

At present,  the company’s focus is the Arapua fertiliser project, located about 400km south-east of Brasilia in the State of Minas Gerais, a major agro-industrial centre.

The project is composed of eight mineral properties, all with exploration licences granted, covering an area of around 14,946 hectares split into three blocks, Arapua, Pindaibas and Maxixe.

The blocks contain high concentrations of phosphate, an essential ingredient in fertiliser that is required for crops to grow in large amounts.

A 2012 JORC showed an indicated and inferred resource at the project of 13.07Mt at 3.1% potassium oxide (K2O) and 2.49% phosphorus pentoxide (P2O5).

Grab samples from the Arapua block saw grades of between 5% to 24% Phosphate P2O5, with auger drilling at Pindaibas returning values up to 14.8% P2O5.

Harvest currently has a four-year Trial Mining Permit, allowing to extract 50,000t of product on a rolling basis and deliver to existing customers.

However, the company is about to enter the final stages of an application for a full mining licence, granted by the Brazilian Department of Mines (DNPM), following the approval of a final exploration report at the Arapua project.

Big demand in Brazil

Brazil is currently one of the biggest users of phosphate, accounting for 80% of Latin American consumption.

Harvest is already seeing major interest in KPfertil, signing a major sales order in March with Agrocerrado, a substantial fertiliser distributor in Brazil.

The order is for 36,000t of KPfertil, which has a sales value of more than US$2mln according to McMaster.

A recent report by Capital Network indicated that at a product sales price of around US$60 per tonne, Arapua has a net present value at 10% of around £64.9mln, with operating costs of less than US$10 per tonne.

Exploration near Brazil’s only potash mine

Aside from Arapua, Harvest also has a 51% interest in the Capela potash project, located next to the only potash mine in Brazil, Taquari-Vassouras.

3D seismic data from the site has confirmed that the project is the possible northern extension of the Taquari-Vassouras deposit, and the company is currently preparing for a potential drilling programme, subject to available funding.

Harvest is also conducting a scoping study at its Sergi Potash project, located 40km south of Taquari-Vassouras.

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Thu, 26 Apr 2018 09:42:00 +0100 http://www.proactiveinvestors.co.uk/companies/news/195851/harvest-minerals-readies-for-step-change-year-at-arapua-195851.html
<![CDATA[News - Harvest Minerals adds to sales and manufacturing capacity ahead of KPfertil ramp-up ]]> http://www.proactiveinvestors.co.uk/companies/news/195454/harvest-minerals-adds-to-sales-and-manufacturing-capacity-ahead-of-kpfertil-ramp-up-195454.html Brazil-focused Harvest Minerals Limited (LON:HMI)  has expanded its sales team and manufacturing plant for its KPfertil fertiliser product ahead of product certification and a mining permit. 

The company has been producing KPfertil on a trial basis in anticipation of a permit from Brazil’s Ministry of Agriculture, Livestock and Supply (MAPA).

READ: Harvest Minerals says final exploration report for Arapua Fertiliser Project gets approval

Last month, the company signed a sales agreement with Brazilian fertiliser distributor Agrocerrado.

Harvest added it had started work on the Environmental Report, a constituent of the Feasibility Study that will be submitted to the Brazilian Department of Mines as the final part of the application for the full mining licence.

Agronomic test work is also ongoing, including long-term trials on coffee at the Veloso plantations, new trials on grass for pasture and coffee trials with two coffee co-operatives.

Brian McMaster, executive chairman, said:  "We have continued to gain momentum through the first quarter and now into the second.

“The expansion to both our sales team and processing plant provides us with the capacity to continue to grow our sales and revenues, which remains a key focus for 2018.

“Although the confirmation of KPfértil as a remineraliser hasn't been as efficient as we would have liked, it has not impacted our ability to sell our product.”

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Fri, 20 Apr 2018 08:27:00 +0100 http://www.proactiveinvestors.co.uk/companies/news/195454/harvest-minerals-adds-to-sales-and-manufacturing-capacity-ahead-of-kpfertil-ramp-up-195454.html
<![CDATA[RNS press release - Corporate and Operational Update ]]> http://www.proactiveinvestors.co.uk/companies/rns/12179/LSE20180420070004_13611922/ Fri, 20 Apr 2018 07:00:04 +0100 http://www.proactiveinvestors.co.uk/companies/rns/12179/LSE20180420070004_13611922/ <![CDATA[RNS press release - Updated Corporate Video ]]> http://www.proactiveinvestors.co.uk/companies/rns/12179/LSE20180405070005_13592389/ Thu, 05 Apr 2018 07:00:05 +0100 http://www.proactiveinvestors.co.uk/companies/rns/12179/LSE20180405070005_13592389/ <![CDATA[News - Harvest Minerals says final exploration report for Arapua Fertiliser Project gets approval ]]> http://www.proactiveinvestors.co.uk/companies/news/194008/harvest-minerals-says-final-exploration-report-for-arapua-fertiliser-project-gets-approval-194008.html Harvest Minerals Limited (LON:HMI) has announced that the final exploration report for its Arapua Fertiliser Project in Brazil has been approved by Department of Mines (DNPM) inspector for Minas Gerais, following an assessment and a site visit.

The AIM-listed firm said the report, which was submitted in April 2017, represents a further step in the application for a Full Mining License (FML) and will now be sent to the DNPM office in Brasilia, which will publish the approval in the official gazette.

READ: Harvest Minerals says Ministry of Agriculture in Brazil has processed registration of KPfertil fertiliser

Following approval, the natural fertiliser producer said it intends to submit its environmental reports and then a feasibility study as the final steps in the application process for the FML.

Harvest Minerals said it currently operates under a four-year Trial Mining Permit, allowing to extract 50kt of product on a rolling basis and deliver product to existing customers.

Brian McMaster, executive chairman of Harvest, said: “We are now focused on submitting an environmental report and feasibility study; work on both reports has already started. In the meantime, the company continues to produce and deliver product under its trial mining permit.”

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Thu, 29 Mar 2018 07:56:00 +0100 http://www.proactiveinvestors.co.uk/companies/news/194008/harvest-minerals-says-final-exploration-report-for-arapua-fertiliser-project-gets-approval-194008.html
<![CDATA[RNS press release - Approval of Final Exploration Report ]]> http://www.proactiveinvestors.co.uk/companies/rns/12179/LSE20180329070002_13585858/ Thu, 29 Mar 2018 07:00:02 +0100 http://www.proactiveinvestors.co.uk/companies/rns/12179/LSE20180329070002_13585858/ <![CDATA[News - Harvest Minerals says Ministry of Agriculture in Brazil has processed registration of KPfertil feriliser ]]> http://www.proactiveinvestors.co.uk/companies/news/193935/harvest-minerals-says-ministry-of-agriculture-in-brazil-has-processed-registration-of-kpfertil-feriliser-193935.html Harvest Minerals Limited (LON:HMI) has announced that the application to register its multi-nutrient natural fertiliser, KPfertil has been processed by the Ministry of Agriculture (MAPA) in Brazil.

The AIM-listed natural fertiliser producer said in a statement that MAPA is now required to conduct a site visit to the company’s Arapua Fertiliser Project, most likely later in April. It is anticipated that the registration will then be granted shortly after that.

READ: Harvest Minerals says “2018 is going to be another real step change”

Brian McMaster, executive chairman of Harvest, said: “The certification process for KPfertil as a remineraliser has taken longer than we initially thought, although I’d like to reiterate that there have been no issues with KPfertil itself.”

He added: “The delay has not impacted on our day to day activities or our ability to produce and sell KPfertil as demonstrated by the signing of a 36Kt sales contract at the start of the month.”

“Our focus is now on growing sales and revenues and I look forward to providing further updates,” McMaster concluded.

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Wed, 28 Mar 2018 07:22:00 +0100 http://www.proactiveinvestors.co.uk/companies/news/193935/harvest-minerals-says-ministry-of-agriculture-in-brazil-has-processed-registration-of-kpfertil-feriliser-193935.html
<![CDATA[RNS press release - MAPA Certification Update ]]> http://www.proactiveinvestors.co.uk/companies/rns/12179/LSE20180328070003_13583999/ Wed, 28 Mar 2018 07:00:03 +0100 http://www.proactiveinvestors.co.uk/companies/rns/12179/LSE20180328070003_13583999/ <![CDATA[News - Harvest Minerals says "2018 is going to be another real step change" ]]> http://www.proactiveinvestors.co.uk/companies/news/193699/harvest-minerals-says-2018-is-going-to-be-another-real-step-change--193699.html Fertiliser producer Harvest Minerals Limited (LON:HMI) said its Arapua project is on the cusp of reaping the benefits of significant investment as commercial production nears.

In its interim results statement covering the second half of 2017, the chairman, Brian McMaster, said all four of its main targets in 2017 were achieved: to complete all the required agronomic test work at Arapua; to apply to register its product KPfértil with the Brazilian Ministry of Agriculture (MAPA); to achieve first sales; and to commission a modular processing plant to ensure that it is easy to expand production in line with sales.

READ: Harvest Minerals signs major sales order

“Looking forward, 2018 is going to be another real step change for us as we focus on increasing our sales volumes and head towards commercial production,” McMaster said.

The registration for KPfértil from MAPA is expected soon, although Harvest's customers do not appear to be waiting for this as the group we signed its first major deal this month with a key fertiliser distributor in Brazil, Agrocerrado Produtos Agrícolas e Assistência Técnica LTDA, for 36Kt of KPfértil, which has a sales value in excess of US$2mln.

Harvest has a strong order book for the year, McMaster said.

“We announced in January 2018 a significant expansion for our processing plant to 320Ktpa, which will be completed in early Q2, and are actively expanding our sales and marketing team. We will also be submitting a full feasibility study and environmental report as part of the application for a full mining licence and continuing our agronomic testing, including the ongoing long-term test work on coffee, which is the major crop within 50km of the project. In the meantime, we continue to produce product under our trial mining licence,” McMaster said.

Revenue from fertiliser sales in the six months to the end of December 2018 was just US$42,294, up from zero the year before, but is clearly poised to take off this year.

The loss before tax narrowed to US$833,508 from US$1.43mln in the same period of 2016.

Harvest ended the year with cash and cash equivalents of US$1.64mln, up from US$1.39mln a year earlier.

Shares in Harvest were down 0.3 at 21.9p in a falling market.

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Fri, 23 Mar 2018 09:50:00 +0000 http://www.proactiveinvestors.co.uk/companies/news/193699/harvest-minerals-says-2018-is-going-to-be-another-real-step-change--193699.html
<![CDATA[RNS press release - Interim Results ]]> http://www.proactiveinvestors.co.uk/companies/rns/12179/LSE20180323090002_13578912/ Fri, 23 Mar 2018 09:00:02 +0000 http://www.proactiveinvestors.co.uk/companies/rns/12179/LSE20180323090002_13578912/ <![CDATA[RNS press release - Shareholder Conference Call Recording ]]> http://www.proactiveinvestors.co.uk/companies/rns/12179/LSE20180319130555_13572137/ Mon, 19 Mar 2018 13:05:55 +0000 http://www.proactiveinvestors.co.uk/companies/rns/12179/LSE20180319130555_13572137/ <![CDATA[RNS press release - Board Changes ]]> http://www.proactiveinvestors.co.uk/companies/rns/12179/LSE20180319070007_13571088/ Mon, 19 Mar 2018 07:00:07 +0000 http://www.proactiveinvestors.co.uk/companies/rns/12179/LSE20180319070007_13571088/ <![CDATA[RNS press release - Shareholder Conference Call ]]> http://www.proactiveinvestors.co.uk/companies/rns/12179/LSE20180308130001_13560130/ Thu, 08 Mar 2018 13:00:01 +0000 http://www.proactiveinvestors.co.uk/companies/rns/12179/LSE20180308130001_13560130/ <![CDATA[News - Harvest Minerals signs major sales order with Brazil’s Agrocerrado, says additional discussions regarding sales on-going ]]> http://www.proactiveinvestors.co.uk/companies/news/192736/harvest-minerals-signs-major-sales-order-with-brazils-agrocerrado-says-additional-discussions-regarding-sales-on-going-192736.html Harvest Minerals Ltd (LON:HMI) has signed a major sales order with Agrocerrado Produtos Agricolas e Assistencia Tecnica LTDA, a fertiliser distributor in Brazil, and said additional discussions regarding sales are on-going.

The order is for 36 kilotonne (Kt )of KPfertil, the company’s multi-nutrient natural fertiliser and remineraliser produced at its Arapua Feriliser project in Minas Gerais, Brazil.

READ: Harvest Minerals to expand operations at Brazil fertiliser project

The AIM-listed potash and phosphate exploration and development company said the supply will come from existing stock already produced at Arapua, where annual capacity is being expanded to 320,000 tonnes.

The delivery will commence in early May 2018.

Brian McMaster, Harvest’s chairman, said: “With a sales value in excess of US$2mln, this is truly fantastic news, and proves that we have a commercial product that is in demand in one of Brazil’s premier agricultural belts.”

He concluded: “The focus is now on sales and revenue growth as we transform Harvest into a profitable business with the aim of providing significant returns to all our shareholders.”

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Wed, 07 Mar 2018 07:29:00 +0000 http://www.proactiveinvestors.co.uk/companies/news/192736/harvest-minerals-signs-major-sales-order-with-brazils-agrocerrado-says-additional-discussions-regarding-sales-on-going-192736.html
<![CDATA[RNS press release - Major Sales Contract Signed ]]> http://www.proactiveinvestors.co.uk/companies/rns/12179/LSE20180307070007_13557325/ Wed, 07 Mar 2018 07:00:07 +0000 http://www.proactiveinvestors.co.uk/companies/rns/12179/LSE20180307070007_13557325/ <![CDATA[RNS press release - Statement re broker ]]> http://www.proactiveinvestors.co.uk/companies/rns/12179/LSE20180302124312_13553084/ Fri, 02 Mar 2018 12:43:12 +0000 http://www.proactiveinvestors.co.uk/companies/rns/12179/LSE20180302124312_13553084/ <![CDATA[RNS press release - New Corporate Presentation ]]> http://www.proactiveinvestors.co.uk/companies/rns/12179/LSE20180223070002_13543268/ Fri, 23 Feb 2018 07:00:02 +0000 http://www.proactiveinvestors.co.uk/companies/rns/12179/LSE20180223070002_13543268/ <![CDATA[RNS press release - New Corporate Video ]]> http://www.proactiveinvestors.co.uk/companies/rns/12179/LSE20180205070005_13520855/ Mon, 05 Feb 2018 07:00:05 +0000 http://www.proactiveinvestors.co.uk/companies/rns/12179/LSE20180205070005_13520855/ <![CDATA[RNS press release - Issue of Performance Based Securities ]]> http://www.proactiveinvestors.co.uk/companies/rns/12179/LSE20180205070003_13520770/ Mon, 05 Feb 2018 07:00:03 +0000 http://www.proactiveinvestors.co.uk/companies/rns/12179/LSE20180205070003_13520770/ <![CDATA[RNS press release - Directorate Change ]]> http://www.proactiveinvestors.co.uk/companies/rns/12179/LSE20180201070013_13517264/ Thu, 01 Feb 2018 07:00:13 +0000 http://www.proactiveinvestors.co.uk/companies/rns/12179/LSE20180201070013_13517264/ <![CDATA[News - Harvest Minerals to expand operations at Brazil fertiliser project ]]> http://www.proactiveinvestors.co.uk/companies/news/189997/harvest-minerals-to-expand-operations-at-brazil-fertiliser-project-189997.html Harvest Minerals Limited (LON:HMI) is stepping up operations at its Arapua fertiliser project in Brazil with the addition of a new plant and expansion of the sales and marketing team.

KPfertil was soft launched last year while Harvest waits for the Brazilian Ministry of Agriculture Livestock and Supply to certify the product as a remineraliser.

READ: Harvest Minerals says will significantly benefit from Brazilian move to reduce royalty rates on fertiliser projects

The application is now anticipated to be processed early this quarter, having been.delayed by an extended Christmas break in Brazil.

Four additional knife mills  will be added to boost annual production capacity to over 320,000 tonnes and create a single production line.

READ: Harvest Minerals' fertiliser impresses in leach test

Brian McMaster, Harvest’s chairman, said: “The fully funded plant expansion, which should be commissioned in the coming few months, will allow us to meet expected demand for KPfértil.”

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Mon, 15 Jan 2018 07:32:00 +0000 http://www.proactiveinvestors.co.uk/companies/news/189997/harvest-minerals-to-expand-operations-at-brazil-fertiliser-project-189997.html
<![CDATA[RNS press release - Substantial Operational Expansion ]]> http://www.proactiveinvestors.co.uk/companies/rns/12179/LSE20180115070003_13495559/ Mon, 15 Jan 2018 07:00:03 +0000 http://www.proactiveinvestors.co.uk/companies/rns/12179/LSE20180115070003_13495559/ <![CDATA[RNS press release - Appointment of Joint Broker ]]> http://www.proactiveinvestors.co.uk/companies/rns/12179/LSE20180111070004_13492404/ Thu, 11 Jan 2018 07:00:04 +0000 http://www.proactiveinvestors.co.uk/companies/rns/12179/LSE20180111070004_13492404/ <![CDATA[News - Harvest Minerals says will significantly benefit from Brazilian move to reduce royalty rates on fertiliser projects ]]> http://www.proactiveinvestors.co.uk/companies/news/188030/harvest-minerals-says-will-significantly-benefit-from-brazilian-move-to-reduce-royalty-rates-on-fertiliser-projects-188030.html Harvest Minerals Limited (LON:HMI) has welcomed news that the Upper House of the National Congress of Brazil has approved a bill to reduce the royalty rates of fertiliser projects from 3.0% to 0.2% which it sees significantly benefitting the group.

The AIM-listed fertiliser development company noted that the bill was approved by the Chamber of Deputies, the Brazilian parliament’s lower house on 22 November 2017 and is part of wider reforms to boost the mining sector and the economy in general.

READ: Harvest Minerals' fertiliser impresses in leach test

The group said the change – which will take effect from January 2018 - will allow it to benefit significantly due to its low cost of production and forecast high production margin.

Harvest Minerals said it anticipates significant cost savings of around US$1.46 per tonne at its Arapua Fertiliser Project.

The company’s August 2016 scoping study for Arapua assumed a cost of US$1.58 per tonne in royalties on sales at US$60 per tonne, and under the new regime this reduces to US$0.12 per tonne in royalties therefore a saving of around US$1.46 per tonne

WATCH: Harvest Minerals bags first sales for KPfertil

Harvest's executive chairman, Brian McMaster, said: " Whilst we were expecting a cut in royalties from 3% to 1%, the fact that it was reduced further to 0.2% shows the Brazilian Government's continued commitment to developing fertiliser and remineraliser projects to reduce the country's dependence on imports.”

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Thu, 30 Nov 2017 08:09:00 +0000 http://www.proactiveinvestors.co.uk/companies/news/188030/harvest-minerals-says-will-significantly-benefit-from-brazilian-move-to-reduce-royalty-rates-on-fertiliser-projects-188030.html
<![CDATA[RNS press release - Change in Royalty Rates in Brazil ]]> http://www.proactiveinvestors.co.uk/companies/rns/12179/LSE20171130070003_13448494/ Thu, 30 Nov 2017 07:00:03 +0000 http://www.proactiveinvestors.co.uk/companies/rns/12179/LSE20171130070003_13448494/ <![CDATA[News - Harvest Minerals' fertiliser impresses in leach test ]]> http://www.proactiveinvestors.co.uk/companies/news/187624/harvest-minerals-fertiliser-impresses-in-leach-test-187624.html Harvest Minerals Limited (LON:HMI) has received more data indicating its natural fertiliser KPfertil can perform better than traditional soil treatments.

Leach tests indicated much more potassium reached the plants using KPfertil, with only 0.07% of the potassium washed away compared to 20.8% from potassium chloride, 19.2% from potassium sulphate and 21% from potassium nitrate.

WATCH: Harvest Minerals bags first sales for KPfertil

The tests were carried out the Federal University of Uberlândia and will be used in the certification process for KPfértil by Brazil’s agriculture ministry.

In addition, most of the potassium from KPfértil remained in the first soil layer, said Harvest.

READ: Harvest Minerals says 'stars are lining up' for fertiliser project

“KPfértil's superior behaviour over other sources in the leaching test is due to its low solubility in water resulting in far less potassium being leached away.”

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Wed, 22 Nov 2017 07:45:00 +0000 http://www.proactiveinvestors.co.uk/companies/news/187624/harvest-minerals-fertiliser-impresses-in-leach-test-187624.html
<![CDATA[RNS press release - Leach Test Results ]]> http://www.proactiveinvestors.co.uk/companies/rns/12179/LSE20171122070002_13439686/ Wed, 22 Nov 2017 07:00:02 +0000 http://www.proactiveinvestors.co.uk/companies/rns/12179/LSE20171122070002_13439686/ <![CDATA[RNS press release - Result of AGM ]]> http://www.proactiveinvestors.co.uk/companies/rns/12179/LSE20171121094315_13438784/ Tue, 21 Nov 2017 09:43:15 +0000 http://www.proactiveinvestors.co.uk/companies/rns/12179/LSE20171121094315_13438784/