Danakali Limited (ASX:DNK) (“Danakali” or “the Company”) is pleased to provide an update on the definitive feasibility study (DFS) being completed on its Colluli Potash Project. The Colluli Potash Project is 100% owned by the Colluli Mining Share Company (CMSC), which is a 50:50 Joint Venture between Danakali and the Eritrean National Mining Company (ENAMCO).
EXPLORATION company South Boulder Mines has completed the prefeasibility study (PFS) for its Colluli potash project, in Eritrea.
The project, which will be characterized by open-pit mining using conventional truck-and-shovel methods without blasting, is a 50:50 joint venture between South Boulder and the Eritrean National Mining Company (ENAMCO).
SOUTH Boulder Mines Ltd. (ASX:STB) is currently developing the emerging, world-class Colluli Potash Project located just 75 km from the Red Sea coast in Eritrea, Africa.
A large deposit and the world’s shallowest known potash resource, Colluli boasts a uniquely rare composition of three key potassium bearing salts in solid form. Combined, these favorable attributes make Colluli highly amenable to low energy, high potassium yield production of potassium sulphate (SOP). Continue reading Eritrea’s Unique and Unrivaled Potash Opportunity→