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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BY TESFANEWS* Danakali Limited (ASX:DNK) (LON:DNK) is in the final stages of completing the second phase of development for its world-class Colluli Potash Project in Eritrea from which first production of sulphate of potash (SOP) is on schedule for 2022.
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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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BY MINING REVIEW Comfortably proven to be able to produce sulphate of potash (SOP) – a premium grade of fertilizer – over an almost 200 year mine life, the company has optionality to expand Colluli’s product suite with a host of potentially viable future products being explored.
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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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“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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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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BY INVESTORS CHRONICLE As Sirius Minerals, Berkeley Energia and SolGold have shown in the past year, backing early-stage mining projects can be a frustrating, volatile yet sometimes exciting business. Investing in an unfinanced potash project in Eritrea, less than half a year after the country emerged from UN sanctions, certainly fits the volatile category.
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