Tag Archives: Anfile Bay

Potash – A Game Changer For Eritrea’s Economy

The Colluli potash project in Eritrea is expected to become one of the world's most significant source of SOP
The Colluli potash project has been called a “game-changer” for Eritrea’s economy, as it is expected to become one of the world’s most significant and lowest-cost sources of sulphate of potash (SOP), a premium grade fertilizer.

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 fertilizer, could be a game-changer for Eritrea and other African countries. Continue reading Potash – A Game Changer For Eritrea’s Economy

Eritrea Approved Colluli Project Development Plan

Danakali has been given the final green light from the Eritrean Ministry of Energy and Mines to develop its world-class Colluli potash project

In accordance with the mining agreement, the Colluli Mining Share Company (CMSC) has 36 months from the submission of the approved notice (notice of commencement of mine development) to spend US$200 million within the mining license area.

BY TESFANEWS *

Australia’s Danakali (ASX, LON:DNK) is closer to getting its Colluli potash project off the ground after the Eritrean Ministry of Energy & Mines (MoEM) accepted the company’s development plan for the mine. Continue reading Eritrea Approved Colluli Project Development Plan

Eritrea Plans Building New Port for Potash Exports

The facility could be used to ship potash from Ethiopia as the Djibouti route is very far

Eritrea is considering building a new port at the Anfile Bay to export potash from its world-class Colluli potash project.

BY NIZAR MANEK | BLOOMBERG

Eritrea is considering building a port on its Red Sea coastline to export potash from deposits being developed in the Horn of Africa nation, a mines ministry official said. Continue reading Eritrea Plans Building New Port for Potash Exports

Eritrea: Colluli Potash Project DFS Update

Colluli potash project in Eritrea is one of the most accessible potash deposits globally strategically located 75 kilometres from the coast. Its Ore Reserve of 1.1 billion tonnes at 10% K2O equivalent contains about 205 million tonnes sulphate of potash (SOP), enough to support a mine life of more than 200 years.

By Danakali Ltd,

Danakali Limited (ASX:DNK) (“Danakali” or “the Company”) is pleased to provide an update on the definitive feasibility study (DFS) being completed on its Colluli Potash Project. The Colluli Potash Project is 100% owned by the Colluli Mining Share Company (CMSC), which is a 50:50 Joint Venture between Danakali and the Eritrean National Mining Company (ENAMCO).

The study is focussing on the production of Sulphate of Potash (SOP), a high quality, chloride free potash type for which there is a current scarcity of economically exploitable resources globally. Continue reading Eritrea: Colluli Potash Project DFS Update

PFS for Eritrea Open-Pit Potash Project Completed

The prefeasibility study highlights the economically robust nature of Colluli deposit in Eritrea is expected to become one of the world’s most significant and lowest-cost potassium sulphate operations.

By Mining Weekly,

EXPLORATION company South Boulder Mines has completed the prefeasibility study (PFS) for its Colluli potash project, in Eritrea.

The project, which will be characterized by open-pit mining using conventional truck-and-shovel methods without blasting, is a 50:50 joint venture between South Boulder and the Eritrean National Mining Company (ENAMCO).

The PFS was led by Australian headquartered engineering and project management consultancy Lycopodium Minerals and compiled by a number of Western Australian engineering companies. Continue reading PFS for Eritrea Open-Pit Potash Project Completed

Eritrea’s Unique and Unrivaled Potash Opportunity

Colluli is a considerably large and world’s shallowest deposit with a unique mineral composition and a coastal access that is unmatched

By Potash Investing News,

SOUTH Boulder Mines Ltd. (ASX:STB) is currently developing the emerging, world-class Colluli Potash Project located just 75 km from the Red Sea coast in Eritrea, Africa.

A large deposit and the world’s shallowest known potash resource, Colluli boasts a uniquely rare composition of three key potassium bearing salts in solid form. Combined, these favorable attributes make Colluli highly amenable to low energy, high potassium yield production of potassium sulphate (SOP).  Continue reading Eritrea’s Unique and Unrivaled Potash Opportunity

Colluli Potash Resource Swells to 1.28 Billion Tons

Mineral resource review at South Boulder’s Colluli Potash project in Eritrea shows an increase by 210 million tonnes to become one of the largest potassium sulphate resources globally

By Proactive Investors,

SOUTH Boulder Mines (ASX:STB) has delivered a significant increase in 2012 JORC mineral resource at its Colluli Potash Project in Eritrea to 1.289 billion tonnes with an average grade 10.76% K2O.

The mineral resource estimate was carried out by AMC Consultants and is as a result of previous work conducted by Ercosplan Ingenieurgesellschaft Geotechnik und Bergbau mbH (Ercosplan).

The review was carried out in preparation for the allocation of the maiden Reserve for Colluli, which will also be completed by AMC. Continue reading Colluli Potash Resource Swells to 1.28 Billion Tons

South Boulder Mines: Potash for Produce

The Colluli Project, an equal joint venture between South Boulder Mines and the Eritrean National Mining Company (ENAMCO) is a unique potash resource that will help feed the world

By Business Excellence Mining,

THERE’s no arguing with the fundamentals. Growing populations, reduction in arable land, changing dietary preferences, climate change and the escalating demands of emerging economies have placed food security at the top of the political as well as the economic agenda.

World population is growing by some 75 million every year. By 2050 almost 9.3 billion people are expected to inhabit the earth. Food production will have to increase by almost 50 percent to feed them, and this means a huge global demand for fertilisers, already forecast to reach 190 million tonnes by 2016. Continue reading South Boulder Mines: Potash for Produce