Danakali’s 2022 Potash Target Unlikely, as All Options Sought for Funding

BY DAVID McKAY | MININGMX The chances of Danakali building up to full potash production from its Colluli project in Eritrea on schedule were “diminishing”, said the firm’s chairman, Seamus Cornelius. Commenting in his annual review, Cornelius was blunt in his assessment following the collapse in Danakali shares in March.

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Potash – A Game Changer For Eritrea’s Economy

BY LEON LOUW | ELNAZA NEWS Potash is an important fertilizer. The Australian company Danakali is developing the Colluli potash project in Eritrea and expects to bring it into production in 2022. With a growing world population, demand for food will increase, while the availability of arable land is expected to shrink. Potash, an important […]

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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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Danakali’s Colluli Asset Recognized as World’s Superlative Potash Deposit: Daniel Stewart

BY PROACTIVE INVESTORS Never mind Sirius Minerals, Danakali Limited (LON:DNK) is set to become the world’s largest player in the potash field, broker Daniel Stewart said. In a research note entitled “Danakali Limited: Probably the best mine in the world”, the broker said the company’s 50 percent owned Colluli asset in Eritrea is “recognized as […]

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Shortlisted Engineering Companies Completed Colluli Site Visit

By TesfaNews, Danakali Limited (ASX:DNK) announced that it has hosted a visit to the Colluli potash project site in Eritrea for Engineering companies shortlisted to bid on front end engineering design (FEED) and Engineering, Procurement and Construction (EPC) work for the project. The Colluli Potash Project is one of the most advanced greenfield sulphate of […]

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Australian Company Seeks Potash Mining Licence in Eritrea

By Edmund Blair | for Reuters, Australia mining group Danakali Ltd has applied to Eritrea for a mining licence for its Colluli Potash Project, which is expected to start production in 2019, the company’s chief executive said. Eritrea, which became independent from Ethiopia in 1991 after years of fighting, wants to establish a mining industry […]

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