Danakali Shares Drop After Second AFC Loan Set to Fall Through

Danakali share price drops 7.5 percent today after the company says no tranche 2 AFC funding ($28.5 million) before the deadline. BY CECILIA JAMASMIE | MINING[dot]COM Shares in Australia’s Danakali (ASX, LON:DNK) fell 7.5% to 31 Australian cents on Monday after the miner, which is trying to bring a potash project in Eritrea closer to […]

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Danakali Finished First Phase of Eritrea Potash Project

This takes Colluli closer to the construction phase and then into production in 2022 BY CECILIA JAMASMIE | MINING DOT COM Australia’s Danakali (ASX, LON:DNK) has finished the first phase of development of its world-class Colluli potash project in Eritrea, Africa, which takes the company a step closer to the construction phase and then onto […]

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Danakali to Start Developing Vast Potash Project in Eritrea

The Colluli potash deposit in Eritrea could meet the entire world’s demand for 30 years. BY CECILIA JAMASMIE | MINING[DOT]COM Australia’s Danakali (ASX, LON:DNK) is closer than ever to beginning the development of its world-class Colluli potash project in Eritrea, which is expected to become one of the world’s most significant and lowest cost sources […]

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Danakali to Bring Eritrea Potash Project into Development This Year

“Our immediate priority for 2019 will be the completion of the funding process, which will allow us to be in the position to proceed with moving into development later this year” BY JESSICA CUMMINS | PROACTIVE INVESTORS Danakali Ltd (ASX:DNK) has established a clear strategy to bring the Colluli Sulphate of Potash (SOP) Project in […]

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Danakali Appoints Highly Experienced Potash Industry Executive as CEO

The promotion of Niels Wage comes ‘with project funding well progressed and project execution set to commence’ in Eritrea. BY PROACTIVE INVESTORS Danakali Ltd (ASX:DNK) (LSE:DNK) has appointed highly experienced potash industry executive Niels Wage as chief executive officer following a thorough global search. The appointment is timely as Danakali finalizes funding and begins project […]

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