Highfield Resources Ltd has appointed chief executive officer Ignacio Salazar as the Spanish potash developer’s managing director which will result in him joining the board.
The newly appointed MD, who was born in Spain, will continue to serve in his role as CEO and brings more than 30 years of experience across natural resources companies.
Salazar moved into the CEO position at Highfield in July 2020. He came from Orosur Mining, a Canadian gold mining company with operations in Colombia, Uruguay and Chile, where he served as CEO and CFO for 12 years.
A new role
Highfield Resources chairman Richard Crookes said the board was delighted to announce the managing director appointment.
“Ignacio’s strong track record of building positive and robust relationships with local communities and government bodies has continued since becoming Highfield’s CEO, culminating in the recent award of the mining concessions for the Muga Project.
“The board looks forward to continuing to work with him and his ongoing energy, expertise and discipline as we advance towards building a safe, successful and sustainable operation at our world-class Muga Potash Project.”
Salazar will continue to be based in the company´s head office in Pamplona, Spain to lead the construction and associated pre-requisites of Phase 1 of the company’s Muga Potash Project.
The newly appointed MD said: “I am delighted to be joining the Highfield board as managing director and continuing to work with our team in Pamplona, the board and stakeholders to progress the construction of the Muga Project and successfully transition it into a sustainable and producing asset which will create significant value for shareholders and all stakeholders."
Salazar has worked with multinational and junior miners throughout Europe and South America. In his leadership roles at Highfield, he will facilitate the construction of the company’s flagship low-cost, low-capex Muga Project in Spain.
The potash asset is in the heart of a European agricultural region that has a clear deficit in potash supply.
It’s made up of the Muga-Vipasca, Pintanos and Sierra del Perdón tenements, which cover roughly 262 square kilometres on Northern Spain’s Ebro potash producing basin.
A map of Muga's tenement areas.