South Boulder Mines Affirms Sulphate of Potash Production Using Colluli salts

By Proactive Investors, SOUTH Boulder Mines’s 50/50 Joing Venture with the Eritrean National Mining Company (ENAMCO) delivered many positives during Fiscal Year 2014. This included finalisation of the Colluli Mining Share Company (CMSC) shareholders agreement, re-evaluation of resource development options for the project, re-establishing the feasibility study with an alternate development strategy, assigning key consultants to […]

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South Boulder Seeks Finance for Colluli

. By Africa Intelligence, Currently setting up the company that will operate the Colluli potash project in Eritrea, South Boulder Mines is looking for ways to actually finance the scheme. In all, South Boulder needs $700 million, including $454 million to invest in building the mine, plant and export infrastructure, including a port. The open-cast operation involving […]

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Colluli Mining Share Company Incorporated

Colluli Mining Share Company (CMSC) owns exploration tenements spanning over 400km2 within the Danakil Depression in South East Eritrea. By ASX Release, South Boulder Mines (ASX:STB) (“South Boulder“) is pleased to announce the incorporation of Colluli Mining Share Company (CMSC”). South Boulder and the Eritrean National Mining Corporation (“ENAMCO”) each hold a 50 per cent […]

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South Boulder Seals Eritrean Potash Joint Venture

By South Boulder, South Boulder Mines (ASX: STB) (“South Boulder” or “the Company”) is pleased to announce that it has completed and signed a Shareholders Agreement with the Eritrean National Mining Corporation (ENAMCO) outlining the key joint venture terms covering the Colluli Potash Project’s development. The Shareholders Agreement has been signed by the parties and […]

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