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Danakali Limited and Eritrean National Mining Corporation are pleased to Announce Global Construction

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June 6, 2017 | Key Points
• Global construction and project management consultants, Turner & Townsend appointed to manage post FEED EPC bid scope for Colluli Sulphate of Potash Project

• EPC bidding document preparation underway

• Front end engineering design well advanced

Danakali Ltd. (ASX:DNK; OTC:DNKLY)) and its Joint Venture Partner – the Eritrean National Mining Corporation  … Read More

Gensource Announces Results of the Vanguard One Feasibility Study

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May 31, 2017 |

Gensource Potash Corporation (“Gensource” or the “Company”)(TSXV:GSP) is pleased to announce the results from the detailed feasibility study (“Study” or “FS”) for its Vanguard One Potash Project (“Vanguard”, or “Project”) in Saskatchewan.

The FS was completed by an integrated team, consisting of ENGCOMP Engineering and Computing Professionals Inc. of Saskatoon, SK  … Read More

Danakali Limited-Preferred power provider for Colluli Sulphate of Potash Project appointed

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May 31, 2017 | Danakali Ltd. (ASX:DNK; OTC:DNKLY) and its Joint Venture Partner, the Eritrean National Mining Corporation (“ENAMCO”) are pleased to advise that Inglett and Stubbs International (“ISI”) has been appointed as the preferred power provider for the Colluli Sulphate of Potash Project. The appointment follows a competitive tendering process utilising a build-own-operate-transfer  … Read More

Gensource Announces Corporate Update

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May 18, 2017 |

Gensource Potash Corporation (“Gensource” or the “Company”)(TSXV:GSP) is pleased to provide the following corporate update.

The Company has now received confirmation of approval of the first payment of the Initial Contribution financing to its Joint Venture company, Vanguard Potash Corp. (“Vanguard”) from its joint venture partner, Essel Group ME (“EGME”). Pursuant to  … Read More

Placement to Raise A$12.25M to Continue Positive Advancement of Colluli Potash Project Development

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May 17, 2017 | Danakali Ltd. (OTCMKTS: SBMSF) is pleased to announce that it has received commitments from institutional and sophisticated investors in the United Kingdom and Australia to subscribe for approximately 20 million new ordinary shares of the Company to raise gross proceeds of approximately A$12.25M (“Placement”). Proceeds from the Placement will  … Read More

AMC appointed to Support Colluli Mining Contract Tendering Process and Optimise Mine Schedule

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May 4, 2017 | Danakali Ltd. (OTCMKTS: SBMSF) and the Eritrean National Mining Corporation (“ENAMCO”) are pleased to advise that AMC Consultants has been appointed to support the mining contract tendering process and conduct refinement and optimisation work on the definitive feasibility study (“DFS”) mine schedule. The revised and optimised schedule will be aligned  … Read More

Project Construction Manager appointed for Colluli Sulphate of Potash development

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May 1, 2017 | Danakali Ltd. (ASX:DNK; OTC:DNKLY) and its Joint Venture Partner, the Eritrean National Mining Corporation (“ENAMCO”) are pleased to advise of the appointment of Mr. Tony Harrington as Project Manager for the construction phase of the World Class Colluli Potash Project with immediate effect. The Colluli project is 100 percent owned  … Read More