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Highfield Resources raises funds for Spanish potash projects

11:25 AM MDT | June 13, 2014 | Natasha Alperowicz

Highfield Resources (West Perth, Australia), a developer of three potash projects in northern Spain, has raised $32 million for its three wholly owned potash projects in the area, the company announced today. Highfield’s Javier-Vipasca, Pintan,o and Sierra del Perdón potash projects are located in the Ebro potash-producing basin covering a project area of about 350 sq kilometers. The Sierra del Perdón project includes two former operating mines.   The company has placed shares worth $19.2 million to institutional fund managers while...

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