RA International Secures Contract to Supply Accommodation Camps for Colluli Mine

The accommodation camp is designed to accommodate 600 during the production phase with the flexibility for 1,115 during the construction phase. BY RACHEL MIDDLETON | PROACTIVE INVESTORS Danakali Limited (ASX:DNK) (LSE:DNK) (OTCMKTS:SBMSF) has appointed RA International Group PLC (LON:RAI) as the preferred contractor for the supply of accommodation, support services, and other infrastructure buildings for […]

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Danakali to Bring Eritrea Potash Project into Development This Year

“Our immediate priority for 2019 will be the completion of the funding process, which will allow us to be in the position to proceed with moving into development later this year” BY JESSICA CUMMINS | PROACTIVE INVESTORS Danakali Ltd (ASX:DNK) has established a clear strategy to bring the Colluli Sulphate of Potash (SOP) Project in […]

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World Class Potash Project In Eritrea Moves Closer To Development

BY TIM TREADGOLD | FORBES It’s not easy for most investors to get excited about potash, a fertiliser — and less so about Eritrea, a north African country which spent years on a United Nations sanctions list. But times do change and there is a small company poised to benefit from growing global fertiliser demand […]

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Danakali ‘Shovel-ready’ at Colluli following Execution of US$200m Debt Finance Mandate

‘We are shovel-ready … so as soon as we secure the full funding, we will start construction, and production will be in 2021’ BY PROACTIVE INVESTORS Danakali Ltd (ASX:DNK) (LON:DNK) executive chairman Seamus Cornelius updates Proactive Investors on the potash developer’s recent execution of a mandate to provide fully underwritten debt finance facilities of US$200M […]

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Mining Firms Welcome Lifting of Eritrea Sanctions

BY TESFANEWS * Potash mining company Danakali and other mining firms welcomes the decision by the UN Security Council to lift a nearly decade-old sanctions on Eritrea saying the decision will have a positive impact on foreign investment and enhance international trade opportunities to give an economic boost to the country.

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