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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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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We’re at the Shallow End of the Shallowest Deposit Known in the World: South Boulder

South Boulder Mines Announced that its Africa Potash deposit is located at the shallow end of the shallowest deposit known in the world By South Boulder Mines, Emerging Potash developer South Boulder Mines Limited (ASX:STB) has undergone a number of changes since the last time we spoke to the company. At the beginning of February, […]

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Eritrea Intent to Buy a 30% Stake in the Colluli Potash Project: South Boulder

By  South Boulder Mines, South Boulder Mines (ASX: STB) has received a further vote of confidence in the company’s Colluli Potash Project from the Eritrean Government, with potential for a joint venture agreement. The government has requested that South Boulder submit a proposal to begin discussions regarding the Eritrean National Mining Corporation’s (ENAMCO) intention to […]

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South Boulder Mines Eyes Potash JORC Update After Latest High Grade Hits at Colluli

By Proactive Investors, South Boulder Mines (ASX: STB) continues to deliver a string of high grade potash hits from the Colluli Potash Project in Eritrea. The importance of the first “partial hole assays” returned from upper mineralised zones in 9 holes have confirmed Area B as a significant addition to the Colluli Potash Project, with […]

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South Boulder: Colluli Potash Deposit in Eritrea is worth USD 150 Billion Plus

Proactivemines.com, South Boulder Mines (ASX: STB) is maintaining momentum in building the Colluli Potash Project in Eritrea, where independent feasibility study activities continue to define a world class project.  South Boulder are currently targeting 1.5 billion tonnes of potash at 20% KCL, which has an in ground value of about USD $150 billion, dwarfing other […]

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South Boulder Mines Shares up by 25% prompts ASX ‘please explain’

proactiveinvestors.com.au The major potash play South Boulder Mines received a speeding ticket form the ASX (Australian Stock Exchange)  yesterday in the form of a price and volume query, after the company’s shares jumped 25% in intra-day trade to $6.25, from $5.00 on Friday 25 February. South Boulder said there was no material information that had […]

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