Tag Archives: Bada potash project

Colonnade Mining Wins Drilling Contract for Bada Potash Project

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.

BY BUSINESS WIRE

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

Essel Group ME (EGME): Bada Potash Project to Commence Production in 2018

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.

BY WORLD FERTILIZER

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 (EGME) Targets Potash Licence in Eritrea

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

By MiningWeekly,

Essel 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

South Boulder Mines Starts key Metallurgical Testwork at Colluli Potash Project

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

By 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 Incorporated

Colluli Mining Share Company (CMSC) owns exploration tenements spanning over 400km2 within the Danakil Depression in South East Eritrea.

Colluli Mining Share Company (CMSC) will own and operate the Colluli Potash Project

By ASX Release,

South Boulder Mines (ASX:STB) (“South Boulder“) is pleased to announce the incorporation of Colluli Mining Share Company (CMSC”).

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

NGEx to Commence Drilling at Eritrea’s Second Potash Program – The Bada Potash Project

Eritrea’s second potash project, the Bada Potash deposit, to start drilling program

NGEx,

NGEx Resources Inc. is pleased to announce the start of the initial drill program on its wholly owned Bada Potash project located in the Danakil Depression of Eritrea. This large license, encompassing over 431 square kilometres, is located 30 kilometres inland from the Red Sea port of Mersa Fatma and 150 kilometres southeast of the capital city of Asmara.

The Bada license is situated within the Eritrean portion of the Danakil Depression, an evaporite basin extending southward into Ethiopia, where exploration in the 1960’s resulted in the discovery of the large Crescent and Musley potash and sylvite deposits. The Company plans to drill an initial 6-8 shallow holes that will test the potash potential of its license. Continue reading NGEx to Commence Drilling at Eritrea’s Second Potash Program – The Bada Potash Project