Eritrea’s Colluli potash project is the world’s largest and most advanced Sulphate of Potash (SOP) greenfield development project with a mine life in excess of 200 years. Australia’s Danakali Ltd. (ASX: DNK) has agreed to sell its 50 per cent shareholding in its flagship Colluli potash project in Eritrea, almost 13 years after partnering with […]
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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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BY PROACTIVE INVESTORS Danakali Ltd (ASX:DNK) and its 50:50 joint venture partner, the Eritrean National Mining Corporation (ENAMCO), continue to advance key operational contracts at the Colluli Sulphate of Potash Project.
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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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By ASX Release, Danakali Limited (ASX:DNK) (“Danakali” or the “Company”) is pleased to announce that, consistent with the requirement of the Equator Principles, opportunity for public review of the social and environmental impact assessment (SEIA) and associated management plans (SEMP) was provided and the two-month review period is now complete.
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By Matthew Spizziri | for Investing News, A recent report by Ballieu Holst Research highlighted Danakali Ltd. (ASX:DNK; OTC:DNKLY) and the Colluli Sulphate of Potash (SOP) project in Eritrea. The deposit is globally unique and demonstrates industry leading capital intensity for the production of the premium potash type (SOP), and has the ability to produce […]
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By Proactive Investors, Danakali Ltd (ASX:DNK) is focused on the Colluli Project in Eritrea, with Somers and Partners making a site visit. The broker found the country to be safe, and they have assigned a Buy recommendation and $1.03 target price to Danakali. The following is an extract from the report. Initiating Coverage: World Class […]
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By Ngaire McDiarmid, Thanks to the scale and diversity contained in the massive Colluli multi agri-commodity resource in Eritrea, Danakali managing director and CEO Paul Donaldson doesn’t hesitate to call it a company-making Tier 1 asset. Colluli’s JORC 2012 1.1 billion tonne ore reserve contains a unique suite of potassium salts that are in solid […]
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