Tag Archives: DFS

Danakali’s Colluli Potash DFS – Looking Good

Colluli potash resource in Eritrea is positively unique
Colluli potash resource in Eritrea is positively unique and truly a world class in every way.  Application for mining license will follow after the definitive feasibility study (DFS) completed by the year end.

By Laura Cornish | for Mining Review,

ASX-listed potash company Danakali has made “excellent” progress on the definitive feasibility study (DFS) for its Colluli potash project (Colluli) in 2015 which is on schedule for completion in Q4, 2015.

The project is 100% owned by the Colluli Mining Share Company (CMSC), a 50:50 joint venture between Danakali and the Eritrean National Mining Company (ENAMCO). This progress follows the release of highly favourable pre-feasibility study (PFS) results earlier in the year. Continue reading Danakali’s Colluli Potash DFS – Looking Good

South Boulder Mines to Raise $6M for Colluli DFS

South Boulder Mines already attracts Hong Kong and London investors to its world class Colluli Potash project in Eritrea

By Mining Weekly,

POTASH developer South Boulder Mines was hoping to raise some A$6-million through a share placement and rights issue to fund the completion of its definitive feasibility study for the Colluli potash project, in Eritrea.

South Boulder on Tuesday announced that it would place about 10.97-million shares, at a price of 25c each, to raise an initial A$2.74-million. The placement was made to Hong Kong – and London-based investors.

In conjunction with the share placement, South Boulder also announced a one-for-12 non-renounceable rights issue, also priced at 25c each, to raise a further A$3.35-million.  Continue reading South Boulder Mines to Raise $6M for Colluli DFS

South Boulder Mines Completes Pre-Feasibility Study Ahead of Schedule

PFS Level Drilling Completed Ahead of Schedule and DFS level drilling commences for dewatering and infrastructure

By South Boulder Mines,

SOUTH Boulder Mines (ASX:STB) is pleased to announce Pre-Feasibility Study (PFS) level drilling at its Colluli Potash Project in Eritrea, East Africa, has been completed ahead of schedule.

The early completion of the PFS section of the drilling program allows for the finalisation of the mining study and the Resource Report by the Perth-based international team AMC Consultants and will help ensure the timely delivery of the PFS early in 2015.

Drilling will continue at Colluli into the Definitive Feasibility Study (DFS) section of the program; investigating the foundation locations of critical infrastructure and drilling the dewatering bores. Continue reading South Boulder Mines Completes Pre-Feasibility Study Ahead of Schedule