EGME is part of Essel Group, the Indian multinational conglomerate. In 2015, it acquired the Bada potash exploration license located in the Danakil region of Eritrea.
EGME appointed Colonnade Mining Group as drilling contractor for its Bada potash project in Eritrea. Drilling to commence by the 3rd week of October, for an expected period of 30 days.
Essel Group ME Limited (‘EGME’) is pleased to announce that it has appointed Colonnade Mining Group (Eritrea) Limited (‘Colonnade’) as drilling contractor for its Bada potash project, located in the northern Danakil region of Eritrea, East Africa (‘Bada’). Continue reading Colonnade Mining Wins Drilling Contract for Bada Potash Project
The Indian multinational conglomerate Essel Group, who in 2015 acquired the Bada Potash exploration license from the Canadian NGEX Resources, said potash production from its Eritrea project will commence in 2018.
With potash playing a key role in meeting agriculture’s needs with 95% of it being used as fertilizer, World Fertilizer’s Assistant Editor Harleigh Hobbs spoke to Punkaj Gupta, Joint Managing Director & Group Chief Executive of Essel Group ME, about the company, its flagship potash project and the future of the industry. Continue reading Essel Group ME (EGME): Bada Potash Project to Commence Production in 2018
ESSEL Middle East of India is now the new entrant for potash mining in Eritrea after acquiring Canadian company NGEx Resources’ Bada potash exploration licence
E ssel Group India subsidiary, Essel Group Middle East (EGME) has continued its expansion into the African mining sector through the acquisition of Canadian company NGEx Resources’ Bada potash exploration licence, in Eritrea.
The company aimed to start the first phase of drilling at the little-explored 736 km2 mining area located in the Danakil Depression, about 150 km south-east of Eritrea’s capital city, Asmara, in October.
Continue reading Essel (EGME) Targets Potash Licence in Eritrea
Program aimed at reducing costs and optimising economics by processing all the different salt types which make up the Colluli resource
Metallurgical test program underway as part of South Boulder’s revised strategy for developing the Colluli Potash Project. The tests aimed at confirming that each of the three salt types which make up the +1Bt Colluli resource can be processed since previous strategy was based on processing just one of the salt types
, Proactive Investors
SOUTH Boulder Mines’ (ASX: STB) shares are expected to climb as the company commences testwork focused on processing all salts from the world-class Colluli Potash Project in Eritrea, which is aimed at reducing costs and optimising economics.
A “game-changer” for South Boulder and the Joint Venture Company (Colluli Mining Share Company) which owns the project, could be the production of potassium sulphate, a premium potassium fertiliser which currently carries a price premium of approximately $300 per tonne compared with the more common potassium chloride.
Continue reading South Boulder Mines Starts key Metallurgical Testwork at Colluli Potash Project
Colluli Mining Share Company (CMSC) owns exploration tenements spanning over 400km 2 within the Danakil Depression in South East Eritrea.
Colluli Mining Share Company (CMSC) will own and operate the Colluli Potash Project
, ASX Release
South Boulder Mines (ASX:STB) (“ South Boulder“) is pleased to announce the incorporation of (CMSC”). Colluli Mining Share Company
South Boulder and the Eritrean National Mining Corporation (“ENAMCO”) each hold a 50 per cent ownership interest in CMSC, which will own and operate the Colluli Potash Project.
Continue reading Colluli Mining Share Company Incorporated