By ABN Newswire, EAST AFRICA focused potash company South Boulder Mines (ASX:STB) has announced Pre-feasibility Study results that show its flagship Colluli potash project could become one of the lowest-cost, and most significant, potassium sulphate operations in the world. Operations will focus on the production of high quality potassium sulphate which commands a price premium […]
Continue Reading
By Esmarie Swanepoel, THE prefeasibility study (PFS) into the Colluli potash project, in Eritrea, has estimated that the project would require an initial investment of some $442-million. The PFS examined a two-module development with an expected production of 425 000 t/y sulphate potash for the first five years of operation, increasing to 850 000 t/y […]
Continue ReadingBy South Boulder Mines, SOUTH Boulder Mines (ASX:STB) is pleased to announce Pre-Feasibility Study (PFS) level drilling at its Colluli Potash Project in Eritrea, East Africa, has been completed ahead of schedule. The early completion of the PFS section of the drilling program allows for the finalisation of the mining study and the Resource Report […]
Continue ReadingBy Proactive Investors, SOUTH Boulder Mines (ASX:STB) shares are set to trade higher after the company attracted investment from the Hong Kong based Kam Lung Investment Development Company (KLID). The company will issue to KLID 10 million shares at $0.185 to raise A$1.8 million, which is a 13% premium to STB’s 30 day VWAP. The importance of […]
Continue Reading