Tag Archives: BHP

BHP Bowed to South Boulder of Eritrea to Abandon Ethiopia Potash Project

South Boulder’s Colluli Deposit in Eritrea will be the biggest and closest Potash supplier to immerging markets like India, China and the rest of Asia Markets

By TesfaNews,

Anglo-Australian mining giant BHP Billiton has decided to exit from a potash development in Ethiopia region of Dankil depression in the next few months citing unsuccessful exploration programs unlike similar projects undertaken in neigbohring Eritrea by Australian South Boulder Mines at the Colluli Potash project.

On an internal note it released on June 13, the company was saying it would exit its early stage Dallol based potash project in September of this year.  Continue reading BHP Bowed to South Boulder of Eritrea to Abandon Ethiopia Potash Project

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