Chinese Company to Acquire Stake in Eritrea SOP Project for US$166m

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 […]

Continue Reading

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 […]

Continue Reading

Potash Project Approvals on Track and Positive Outcomes from SEIA and SEMP

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.

Continue Reading

Danakali: Ballieu Holst Delivers Postcard from Eritrea

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 […]

Continue Reading

World Class Potash Project but Perceived Country Risk: Broker Report

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 […]

Continue Reading

Eritrea Premium Potash Project Interest Grows

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 […]

Continue Reading