Tag Archives: SOP

Danakali’s Eritrean Promise

Danakali's Colluli potash projects is shovel-ready
Danakali’s bosses believes that the Eritrea project is the only known sulphate of potash greenfield development to have completed front-end engineering design. It’s shovel-ready and unlikely to be leapfrogged.

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. Continue reading Danakali’s Eritrean Promise

Danakali and ENAMCO Advance Tier-1 Colluli Sulphate of Potash (SOP) Project

Colluli is the only resource globally where primary production of Sulphate of Potash (SOP) can be achieved with salts extracted in ‘solid form’.

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. Continue reading Danakali and ENAMCO Advance Tier-1 Colluli Sulphate of Potash (SOP) Project

Shortlisted Engineering Companies Completed Colluli Site Visit

Danakali hosted a visit to the Colluli potash site in Eritrea for three shortlisted Engineering companies to bid on FEED and EPC work for the project.

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 potash (SOP) projects globally with exceptionally long expected mine life, unrivalled product diversification potential and significant upside. Continue reading Shortlisted Engineering Companies Completed Colluli Site Visit

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

Two-month public review period for Colluli social and environmental impact assessment (SEIA) and associated management plans (SEMP) are now complete and available to the international community. So far it received only positive feedback.

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

Danakali: Ballieu Holst Delivers Postcard from Eritrea

“Eritrea is not as portrayed on Google or YouTube… we found the Eritrean people friendly, proud and very patriotic … the government is supportive, … pragmatic,… exhibit no signs of corruption.” – Ballieu Holst Ltd, Mining analysts.

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 a broad range of potash products.

As quoted in the latest broker research report: Continue reading Danakali: Ballieu Holst Delivers Postcard from Eritrea

World Class Potash Project but Perceived Country Risk: Broker Report

Somers and Partners visited the Collui Potash project in Eritrea and assigned a BUY recommendation and $1.03 target price to Danakali

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 Project but Perceived Country Risk

Colluli Project is world class and production will be low cost Economically exploitable resources of sulphate of potash (SOP) are geologically scarce and this is the world’s largest undeveloped SOP reserve with a mine life in excess of 200 years. Continue reading World Class Potash Project but Perceived Country Risk: Broker Report