South Boulder Mines changes name to Danakali
South Boulder Mines (ASX:STB) has received shareholder approval to change its name to Danakali (ASX:DNK).The effective date for the change will be on Thursday 4th June 2015, when the company will begin...
View ArticleDanakali appoints financial advisor for Colluli funding options
Danakali Limited (ASX:DNK) has appointed independent mining finance advisory team Endeavour Financial to assist in the evaluation of funding options for its globally significant Colluli Potash Project...
View ArticleDanakali on track for Colluli Definitive Feasibility Study in Q3
The submission of social and environmental baseline assessments is key to completion of the Colluli Social Environmental Impact Assessment. The Definitive Feasibility Study is currently estimated to be...
View ArticleDanakali reduces Colluli Potash Project water consumption by 60%
The over 60% reduction in water consumption requirements should reduce the size of the process plant water delivery system and recovery ponds for the project. The Definitive Feasibility Study is on...
View ArticleDanakali's pilot plant testing on schedule for Colluli potash
September quarter milestones include delivery of a JORC compliant rock salt resource and completion of pilot plant testing. With MD, Paul Donaldson, leading from the front, Danakali will continue to...
View ArticleDanakali completes successful pilot tests for Colluli sulphate of potash
Danakali has now ticked off another milestone with the successful completion of pilot tests for the Colluli sulphate of potash production process. The company now has a generous amount of real product...
View ArticleDanakali's Colluli potassium rich brines to improve processing
Danakali Limited (ASX:DNK) has discovered potassium rich brines that will assist processing and potentially improve the overall process product yield at its Colluli Potash Project in Eritrea, East...
View ArticleDanakali chairman Seamus Ian Cornelius increases stake
Danakali Limited (ASX:DNK) chairman Seamus Ian Cornelius has acquired $16,000 worth of shares through an on market purchase.His indirect interests bought 50,000 shares in the company, increasing his...
View ArticleDanakali's aquifer find to reduce capital costs for Colluli Potash Project
The discovery of a large subsurface aquifer could reduce capital costs for the Colluli Potash Project by eliminating the need for a 75 kilometre seawater delivery pipeline. The Definitive Feasibility...
View ArticleDanakali Limited renews Colluli Potash Project exploration licences
Danakali Limited (ASX:DNK) has completed its annual exploration licence extension for the Colluli Potash Project in Eritrea on behalf of the Colluli Mining Share Company (CSMC).CMSC is a 50/50 joint...
View ArticleDanakali potash project primed for pre-production readiness
The bottom quartile cost position means Colluli can generate returns for capital in the event of an sulphate of potash (SOP) price decline. Colluli is one of only three projects in the world with a...
View ArticleColluli salt resource sweetens the deal for Danakali Limited
The salt rock resource inventory represents a waste product that overlays the potash resource, but which may now be a commercially significant by-product and a valuable new revenue stream for Colluli.
View ArticleDanakali Limited is undervalued: broker
Danakali Limited has received a Speculative Buy from broker Hartleys, with a price target of $0.49 in 12 months. With Danakali last trading at $0.32, the target price representas a 50% premium.
View ArticleDanakali enhances outlook of imminent potash DFS
A string of new resource and operational testwork milestones at Danakali’s Colluli potash project in Eritrea has further improved the outlook for a definitive feasibility study due in Q4 2015.
View ArticleDanakali nears potash offtakes with marketing milestone
Danakali has achieved an important milestone in marketing products from its Colluli potash project in Eritrea by publishing product specification sheets for key fertiliser ingredients.
View ArticleDanakali Limited appoints Chris Els as chief financial officer
Danakali Limited (ASX:DNK) has appointed chartered accountant and finance executive Chris Els as chief financial officer.Els has previously held the position for Mirabela Nickel and Norilsk Nickel...
View ArticleDanakali further sharpens potash plans as hotly anticipated DFS nears
Danakali has flagged progress in feasibility work at its Colluli potash project in Eritrea, with recent infrastructure and logistical simplifications expected to materially enhance project economics.
View ArticleDanakali Limited to reveal completed Definitive Feasibility Study
Danakali Limited (ASX:DNK) has been granted an ASX trading halt to prepare the final details of its completed Definitive Feasibility Study (PFS) for the Colluli potash project in Eritrea.Project...
View ArticleDanakali delivers economic boost and reduced capital requirements for Colluli
Danakali has confirmed its Colluli potash project in Eritrea has all the makings of a world-class operation with new Definitive Feasibility Study results that demonstrate a capacity to play an...
View ArticleDanakali worth more than double current price, says broker
Danakali has received a twelve month price target of $0.64 from broker Hartleys. The broker added that its spot price valuation is even higher at $1.31.
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