Highfield Resources making strong progress toward construction at flagship Muga Potash Project
The Muga Project in Spain is forecast to be one of the highest margin potash mines in the world.
Sector
315 stories · page 15 of 16
The Muga Project in Spain is forecast to be one of the highest margin potash mines in the world.
Investors can acquire a minimum of $1,000 and up to, in aggregate, $30,000 of shares in Highfield at an issue price of $0.52 per share free from any brokerage or transaction costs.
Gevo NW Iowa RNG LLC has signed binding, definitive agreements with BP Canada Energy Marketing Corp. and BP Products North America Inc.
The ASX-lister’s pioneer potash project is a long-life operation spanning more than 30 years, with local and regional employment opportunities for up to 80 people in steady-state operations.
The LSOP has a net present value of $614 million at an internal rate of return of 21%, which is estimated to deliver annual EBITDA to the company of $124 million.
Export Finance Australia has also obtained conditional credit approval for a $45 million senior debt facility with a 10-year tenor.
The joint venture was established to explore for, develop and mine non-potash minerals on the project tenements.
Endeavour has successfully raised more than US$4 billion for junior and small cap mining companies in debt financing.
A binding term sheet has been signed with Tier-1 partner HELM AG for the supply and distribution of 20,000 tonnes annually of premium K-BriteTM SOP through the USA.
Project finance due diligence processes are underway, including Northern Australia Infrastructure Fund and domestic and international institutions, and on track to be complete in early quarter-four 2020.
Following the release of a DFS in August 2019 the company has been focused on the Front-end Engineering Design Study, finalising offtake discussions and securing financing to develop the LSOP.
Beyond construction licences and the issue of the mining concession, these are essential approvals necessary to proceed with the construction of the overhead lines and substations that will provide grid power to Muga mine.
“Investors are not stupid, they know April was arguably the height of the lockdown."
The company’s securities will remain in a trading halt until December 16 or when an announcement is made to the market.
A look at some of the biggest risers and fallers in London on Wednesday
MegumaGold noted Osprey has a number of properties which are strategically positioned contiguously with MegumaGold licences
Under a deal struck in January, the two companies have been collaborating to develop and optimize scaled up production of lithium iron phosphate cathode materials
The firm's technology can produce low-cost, high performance lithium ion battery cathode materials
Synnovia (LON:SYN) has released its full-year (FY) results to March 2019. These were in line with the forecasts we issued following the April 2019 trading statement. Revenues increased 8.7% to £81.6mln, earnings before interest, tax, deprec
“For now, the near term risks outweigh the long-term growth potential,” Peel Hunt said