viewHighfield Resources Ltd

Highfield Resources non-executive director James Dietz resigns after serving five years on board

Once in production, the company’s Muga Project in Spain is forecast to be one of the highest margin potash mines in the world.

Highfield Resources Ltd -
Highfield’s potash tenements are in the Ebro potash producing basin in Northern Spain

Highfield Resources Ltd’s (ASX:HFR) (FRA:23H) non-executive director James Dietz has decided to retire and will step down from the board with effect from today.

Dietz, who is 74, was planning to retire from the board at the next AGM, however, while the company is waiting for the Spanish administrations to finalise the last stage of a review of the mining concession documentation, Dietz has advanced his retirement decision to support the company in its current cash preservation efforts.

The board has accepted his decision.

"Key role in shaping Highfield" 

Non-executive chairman Richard Crookes said: “I would like to thank Jim on behalf of the board for all that he has contributed over the years.

“Jim has had a key role in shaping Highfield during his five years as a director and I know I speak for all the board when I wish him well and all the best for the future.”

Dietz spent 17 years of his career at Potash Corp, the world’s largest fertiliser company, including 10 years as chief operating officer (COO).

Well respected

Dietz has been a well-respected member of the board of directors during his tenure at Highfield.

He helped to consolidate the company’s sales and marketing strategy and has provided invaluable insights into the global potash market.

Independent director Roger Davey will replace Dietz as a member of the company’s Remuneration and Nomination Committee.

The committee will continue to comprise most independent non-executive directors.

"On the right path to build project"

Chief executive officer Ignacio Salazar said: “I wish to thank Jim for his contributions and support as a director.

“The potash industry knowledge that he brought to Highfield has made the company stronger and sets us on the right path to build the project.”

Speaking on his retirement, Dietz said: “It was a pleasure to work with Highfield on Muga.

“It is a very unique project with many positive attributes, and I wish the company all the success in the future.” 

Quick facts: Highfield Resources Ltd

Price: 0.63 AUD

Market: ASX
Market Cap: $207.65 m

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events


The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Highfield Resources Ltd named herein, including the promotion by the Company of Highfield Resources Ltd in any Content on the Site, the Company...


Highfield Resources 'has the key ingredients' for its potash project to be...

Highfield Resources Ltd (ASX:HFR) (FRA:23H) CEO Ignacio Salazar speaks to Proactive's Andrew Scott nearly a month into his new role as chief executive. He says the company has the key ingredients for a mining company to be built and successful ... it's a great location, a commodity with a good...

on 14/8/20

2 min read