Articles On Danakali (ASX:DNK)

Title Source Codes Date
300pc rise in potash prices to supercharge Colluli economics

Potash prices have soared by up to 300% since the beginning of this year and that could deliver significant upside to the economics of Danakali’s (ASX:DNK) Colluli project. In its updated ‘Sulphate of Potash Price Forecast Analysis’, CRU In...

Stockhead DNK 6 days ago
Danakali looks to increase Colluli NPV on the back of surging SOP price

“It’s more than fair to say that given Colluli will operate in the bottom quartile of the cost curve, if we were producing today at these prices the margins on this project would be nothing short of spectacular,” says chairman.

Proactive Investors DNK 6 days ago
Danakali sees former leader return amid board restructure

John Fitzgerald has resigned from the non-executive directorship, with former leader Paul Donaldson to take up the baton from today.

Proactive Investors DNK 1 week ago
Danakali drives Colluli Project towards zero-carbon SOP production

The sulphate of potash (SOP) project in Eritrea is set to be a global game-changer with the potential to become the world’s first zero-carbon producer of SOP.

Proactive Investors DNK 1 month ago
Danakali thanks retiring director Robert Connochie for his contribution

“We are very grateful to him for his service to the company and we will miss his experience, clear thinking and good humour going forward,” says chairman.

Proactive Investors DNK 1 month ago
Danakali moves to cancel London Stock Exchange listing

Six months of extensive testing has proved Danakali can produce sulphate of potash at its flagship asset using filtered seawater, improving the project’s environmental footprint and lowering opex, capex and maintenance costs.

Proactive Investors DNK 2 months ago
Danakali continues discussions with senior lenders and third parties for Colluli Sulphate of Potash Project funding solution

The company has strong and productive relationships with ENAMCO, relevant Government Departments in Eritrea, AFC, Afreximbank and EuroChem – all key stakeholders working to bring Colluli into production as quickly and safely as possible.

Proactive Investors DNK 2 months ago
Danakali directors demonstrate confidence in potash strategy through placement participation

Recent test-work at the company's Colluli Potash Project has confirmed production rates and outlines a path to lower operating and capital costs.

Proactive Investors DNK 2 months ago
Danakali found a way to produce cheaper potash for 200 years, with less environmental impact

Danakali has completed detailed test work for its Colluli potash project that has lowered both capital and operating costs while confirming production rates. The test work achieved the costs reduction by optimising the process plant design...

Stockhead DNK 3 months ago
RareX targets resource growth as Cummins Range gets first diamond drilling in 39 years

Special Report: RareX (ASX: REE) has its eyes set on resource growth at its Cummins Range rare earths project as it begins the first diamond drilling campaign there in 39 years. The last time such a program was carried out in 1982 the proje...

Stockhead DNK 3 months ago
Danakali maintains project faith as BHP maintains market faith

WHILE investor fatigue has been acknowledged by Danakali executive chairman Seamus Cornelius, he's adamant the would-be potash developer is ...

Mining News DNK 3 months ago
Danakali’s test-work confirms SOP production rates at Colluli, optimisation leads to lower opex and capex

Six months of extensive testing has proved Danakali can create sulphate of potash at its flagship asset using filtered seawater, improving the project’s environmental footprint and lowering opex, capex and maintenance costs.

Proactive Investors DNK 4 months ago
RareX builds up executive team to drive Cummins Range development

RareX (ASX:REE) has strengthened its executive team to help drive development of its Cummins Range rare earths project and exploration work. The company has appointed James Durrant as its general manager of projects to oversee studies at th...

Stockhead DNK 4 months ago
Danakali’s Colluli set to be a global game changer by becoming world’s first zero carbon SOP producer

The company, which has one of the world’s largest solid salt, near-surface high-grade SOP reserve of 1.1 billion tonnes or 200 years of life of mine, is fully permitted.

Proactive Investors DNK 4 months ago
Danakali will use filtered seawater in game-changing production breakthrough at Colluli SOP Project in Eritrea

The 2021 process test results demonstrate filtered seawater assures high quality, predictable in spec Sulphate of Potash (SOP) production.

Proactive Investors DNK 4 months ago
Danakali begins early works program for Colluli Potash Project with reverse osmosis plant underway

"The RO plant, which will make fresh water available at site, is an essential part of the project and early works program," says chairman.

Proactive Investors DNK 5 months ago
Danakali's A$20.3 million placement validates world-class Colluli Potash Project in Eritrea

The company is now well placed to commence the early works program emphasising critical plant and infrastructure in Eritrea to support the full-scale development.

Proactive Investors DNK 5 months ago
Danakali raises A$20.3 million in heavily oversubscribed placement for early work at Colluli SOP Project

The company will use proceeds for early work including site road development, geotechnical optimisation, reverse osmosis plant completion and installation, exploration camp relocation and RA International mine camp installation.

Proactive Investors DNK 5 months ago
Last Orders: ASX finishes up again despite resources lagging

The ASX finished up today and every sector gained…except resources. The ASX 200 gained 0.44 per cent to close at 7,064 points, which is 74 points short of its pre-pandemic record high. The ASX Emerging Companies Index on the other hand lost...

Stockhead DNK 5 months ago
Last Orders: Stellar debut of Peter Warren Automotive sparks life into the ASX today

The focus today was on the debut listing of auto dealership company, Peter Warren Automotive (ASX:PWR). The company made a strong start on the ASX, with its share price jumping by 19 per cent to close at $3.46. PWR raised $260 million at an...

Stockhead DNK 5 months ago
Danakali in trading halt with capital raising announcement pending

The company is focused on the development of the Colluli Sulphate of Potash Project in Eritrea, a 50:50 joint venture between Danakali and the Eritrean National Mining Corporation (ENAMCO).

Proactive Investors DNK 5 months ago
Danakali thanks CFO Stuart Tarrant for his “valuable contribution”

The CFO was appointed to the role in June 2017 and has resigned in order to pursue another career opportunity.

Proactive Investors DNK 6 months ago
Danakali remains well-placed to become zero-carbon potash producer

The release of the company’s 2020 financial report reveals Danakali has nearly $10 million in the bank as it seeks to produce environmentally sustainable potash at its world-class Colluli Project in Eritrea.

Proactive Investors DNK 6 months ago
Danakali restructures board - appoints executive chairman, removes CEO role and cuts board size

The basic board fee will be slashed by 33% with immediate effect for all board members and the board size will be cut at the annual general meeting in the second quarter of 2021.

Proactive Investors DNK 7 months ago
Danakali progresses towards goal of becoming leading sulphate of potash producer and exporter

The Colluli SOP Project’s proximity to established port infrastructure provides unrivalled access to the global export markets and a cost advantage.

Proactive Investors DNK 8 months ago
Danakali pursues alternative funding for Colluli Potash Project in 2021

The company has strong and productive relationships with ENAMCO, relevant Government Departments in Eritrea, AFC, Afreximbank and EuroChem – all key stakeholders working to bring Colluli into production as quickly and safely as possible.

Proactive Investors DNK 10 months ago
Why the Danakali (ASX:DNK) share price is down 7% today

The Danakali Ltd (ASX: DNK) share price is sliding today, down 7.5% in late afternoon trading. The potash miner, formerly known as South Boulder Mines, finds itself under pressure following this morning’s release of its investment update....

Motley Fool DNK 11 months ago
Danakali progresses Colluli SOP Project funding discussions with Africa Finance Corporation

AFC is in discussion with Danakali with a view to finding a funding structure suitable to both parties that will ensure the commencement of construction of the project as soon as possible.

Proactive Investors DNK 11 months ago
As countries look inward, food security for developing nations becomes more important than ever

Whether COVID leads to isolationist policy or protectionist policy is up for debate, what we do know is that countries from Egypt and Jordan to Pakistan, Taiwan and China are stockpiling agricultural commodities to boost strategic food stoc...

FinFeed DNK 1 year ago
Potash executive to drive operations at Danakali’s Colluli project

Special Report: Danakali (ASX:DNK) has strengthened its potash mining and processing knowledge with the appointment of Dr Rod McEachern as ... Read More The post Potash executive to drive operations at Danakali’s Colluli project appeared fi...

Stockhead DNK 1 year ago
Danakali appoints potash expert Dr Rod McEachern as chief operating officer

The new COO has a successful track record in managing potash mines and processing plant operations, technical knowledge and project management.

Proactive Investors DNK 1 year ago
Danakali appoints highly experienced potash expert Rod McEachern as COO

Advanced sulphate of potash explorer Danakali (ASX: DNK) has firmed up its executive team after appointing industry expert Rod McEachern as chief operating officer. Prior to joining Danakali, Mr McEachern was director for process at product...

SmallCaps DNK 1 year ago
Danakali selects Aggreko to power Colluli SOP project in Eritrea

Sulphate of potash explorer Danakali (ASX: DNK) is a step closer to developing its flagship Colluli joint venture project in Eritrea after appointing London Stock Exchange-listed Aggreko as the project’s preferred power contractor. Under th...

SmallCaps DNK 1 year ago
Danakali appoints Aggreko as preferred power contractor for Colluli Potash Project

Aggreko will provide full scope of support services for the supply, commissioning, and maintenance of the power plant.

Proactive Investors DNK 1 year ago
Danakali outlines huge potash potential on its Africa doorstep

Emerging sulphate of potash (SOP) producer Danakali (ASX: DNK) has passed another key step in Eritrea and now heads for production, not only with Asian markets in mind, but plans to realise huge potential in food-hungry Sub-Saharan Africa....

SmallCaps DNK 1 year ago
Danakali further de-risks Colluli Potash Project and enhances economics on completion of EPCM phase-2

The Colluli project is in the Danakil Depression region of Eritrea and around 75 kilometres from the Red Sea coast, making it one of the most accessible potash deposits globally.

Proactive Investors DNK 1 year ago
Danakali identifies economic and environmental improvements to flagship Colluli SOP project

Africa-focused sulphate of potash explorer Danakali (ASX: DNK) has completed an updated process plant and infrastructure study for the Colluli project, which has identified optimisation studies and confirmed the “robustness” of the front en...

SmallCaps DNK 1 year ago
Danakali aims to close required financing and progress Colluli SOP project development in remainder of 2020

As COVID-19 restrictions are relaxed in Eritrea and it now has access to Colluli, the company can prepare for construction.

Proactive Investors DNK 1 year ago
Danakali appoints preferred contractor for accommodation and support services at Eritrean SOP project

The accommodation camp will accommodate 600 during the production phase with the flexibility for 1,115 during the construction phase.

Proactive Investors DNK 1 year ago
Danakali eyes finish line for Eritrea potash project

Eleven years after acquiring the project and 10 years after the first drill hole was sunk, Danakali (ASX: DNK, LSE: DNK) is now targeting first production two years out at its Colluli Sulphate of Potash project in Eritrea. The company descr...

SmallCaps DNK 1 year ago
Danakali bolsters board with mining technical and project finance experience

Neil Gregson has been appointed as a non-executive director while Paul Donaldson and Andre Liebenberg have resigned as directors.

Proactive Investors DNK 1 year ago
Danakali's Colluli Sulphate of Potash Project remains on track for production

In its latest June quarterly update, the company highlighted the importance of focusing on key areas such as project financing and project development for Q3.

Proactive Investors DNK 1 year ago
Danakali appoints Canaccord Genuity to support fundraising

During the June quarter the company further advanced its equity strategy in order to secure the remaining financing needed for Colluli development.

Proactive Investors DNK 1 year ago
Danakali closer to Colluli Potash Project operations after gaining Eritrean mine development approval

In accordance with the mining agreement, CMSC has 36 months from the submission date to spend US$200 million within the mining licence area.

Proactive Investors DNK 1 year ago
Danakali pursues potential Colluli Potash Project optimisation opportunities

Additional test-work necessary to advance the project has commenced during the COVID-19 restrictions.

Proactive Investors DNK 1 year ago
Directors Trades: Potash directors have been betting on a bounce back in recent days

In the last fortnight another two dozen directors of ASX small caps made trades above $100,000 and a number of them chipped into potash stocks. COVID-19 was the last thing potash stocks needed having been struggling prior to the pandemic. T...

Stockhead DNK 1 year ago
Danakali Limited reveals its first sustainability report

Proactive Investors DNK 1 year ago
Danakali's first sustainability report extols virtues of Colluli Potash Project to Eritrea

The report outlines ongoing and planned contributions of its Colluli project to sustainable development in Eritrea.

Proactive Investors DNK 1 year ago
Danakali is well-funded to drive SOP project through development

The company and Africa Finance Corporation have agreed to extend the deadline for completion of AFC’s Tranche 2 equity funding.

Proactive Investors DNK 1 year ago
Danakali close to completing FEED capital and schedule update for SOP project

All EPCM Phase 2 workflows have continued despite COVID-19 with all vendor and contractor packages received in complete form.

Proactive Investors DNK 1 year ago