London Stock Exchange today welcomes Danakali Limited (ASX: DNK / LSE: DNK) (Danakali), the potash company focused on the development of the Colluli Potash Project in Eritrea, to trading on the Main Market. Continue reading London Stock Exchange Welcome Danakali Ltd to the Main Market
The deal represents a strong endorsement for the Project and instrumental in unlocking project funding.
BY TESFANEWS *
Danakali Ltd (ASX:DNK), on behalf of its partner Colluli Mining Share Company (CMSC), have signed a binding take-or-pay offtake agreement with EuroChem Trading GmbH (EuroChem) for up to 100% of module I sulphate of potash (SOP) production from the Colluli Potash Project in Eritrea. Continue reading Danakali and EuroChem Sign Binding “Take-or-Pay” Offtake Deal for Full Production from Colluli Potash Project in Eritrea
Danakali Ltd (ASX:DNK) is focused on the development of the world-class Colluli Potash Project in the East African country of Eritrea. Colluli is 100% owned by the Colluli Mining Share Company (CMSC), a 50:50 joint venture between Danakali and the Eritrean National Mining Corporation (ENAMCO). Continue reading Danakali’s Advanced Potash Project in Eritrea is a Cut Above the Rest
Demystifying the image of Eritrea by understanding its reality on the ground and its development approach, which focuses on the people, was the theme of the side event organized by the Permanent Mission of Eritrea to the United Nations in Geneva in collaboration with Nevsun Resources Limited, Bisha Mining Share Company and Danakali Limited, titled, “Demystifying Eritrea: the Ground Reality, Mining and Human Rights”, on March 8th 2018 at the United Nations in Geneva. Continue reading UN Side Event, “Demystifying Eritrea: The Ground Reality, Mining and Human Rights”
Danakali Ltd (ASX:DNK) holds a 50% interest in a truly Tier 1 asset in Eritrea
Danakali Ltd is continuing to advance its Colluli SOP potash project in Eritrea. Recent FEED optimisation studies have shown that SOP output capacity can be increased by 47,000 tons per annum (tpa) to 472,000 tpa, by debottlenecking the processing plant configuration. Continue reading Broker Hartleys Values Danakali Stock at Double Current Valuation
Colluli is the largest and shallowest known evaporite deposit in the world with a solid form ore reserve estimate of over 1.1bn tonnes.
BY DANAKALI LTD
Danakali Limited (ASX:DNK) is pleased to advise that is has completed the expressions of interest (“EOI”) process for mining contractors for the Colluli Potash Project. The EOI phase is a precursor to the mining contract tendering process which will commence shortly.
Expressions of interest have been received from mining contracting firms based in Australia, South Africa, and the broader African continent. All parties have extensive experience in the African mining industry and specialise in open cut mining methods. Continue reading Mining Contract Expressions of Interest Complete for World Class Colluli Project
Danakali Ltd initiated bidding process for power generation for the Colluli project
By Danakali Ltd,
Danakali Limited (ASX:DNK) is pleased to advise that it has initiated the bidding process for power generation for the Colluli potash project and completed the initial expressions of interest (EOI) phase.
EOI’s have been received from power providers based in the Middle East, Australia, Africa, the United States and the United Kingdom. The shortlisted parties will formally bid in a competitive tendering process based on the technical specifications for power generation determined in the definitive feasibility study. These specifications will be refined following the front end engineering design (FEED) process. Continue reading Power Generation Expressions of Interest for Colluli Project Complete
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