Articles On Danakali (ASX:DNK)

Danakali says it is moving to ‘a more appropriate exchange’ to avoid ASX listing rules that would require the company to ‘needlessly’ spend half of its $31 million pile on exploration in the next two years.

Danakali (ASX:DNK) is seeking to shift its primary securities exchange listing from the Australian Securities Exchange (ASX) to the National Stock Exchange of Australia (NSX).  NSX is a fully operational and regulated stock exchange that...

Smallcap former potash miner Danakali Ltd (ASX:DNK) is going to move to the National Stock Exchange (ASX:NSX). This, management says, is because it doesn’t want to be forced to spend money on exploration under an ASX Listing Rules asset...

WA Potash is back in the picture after Czech billionaire Pavel Tykac’s Sev.en Global Investments produced on spec sulphate of potash last month at the Lake Way project Enthusiasm for the sector was shot by a string of company collapses, in...

  The broader market surged to new highs following the release of the much anticipated jobs numbers which pointed to a cooling labour market raising hopes the Fed will stick to its rate cut forecasts for later this calendar year. The broad...

World Overnight SPI Overnight 7775.00 + 26.00 0.34% S&P ASX 200 7759.60 – 23.40 – 0.30% S&P500 5482.87 + 4.97 0.09% Nasdaq Comp 17858.68 + 53.53 0.30% DJIA 39164.06 + 36.26 0.09% S&P500 VIX 12.24 – 0.31 – 2.47% U...

Scoping Study highlights Stage 1 as a low-cost path to de-risk Cummins Range rare earth and phosphate development Stage 1 Capex estimated at $45m with overall project post-tax NPV and IRR of $333m and 27% Unique Cummins Range resource give...

Company collapses and operational problems have hurt investor confidence in Australian potash stocks of late But ASX potash stocks overseas have had better luck OZ Minerals founder and EMR Capital head Owen Hegarty says potash is a key pil...

Stockhead’s In-Case-You-Missed-It highlights some strongest performing ASX stocks that might have slipped your notice today. It’s a short, sharp update to help frame the trading day by showing some of the biggest movers in percentage terms....

Stockhead’s In Case You Missed It highlights some of the strongest performing ASX stocks that might have slipped your notice today. It’s a short, sharp update to help frame the trading day by showing some of the biggest movers in percentage...

Stockhead’s In Case You Missed It highlights some of the strongest performing ASX stocks that might have slipped your notice today. It’s a short, sharp update to help frame the trading day by showing some of the biggest movers in percentage...

Stockhead’s In-Case-You-Missed-It highlights some strongest performing ASX stocks that might have slipped your notice today. It’s a short, sharp update to help frame the trading day by showing some of the biggest movers in percentage terms....

Stockhead’s In-Case-You-Missed-It highlights some strongest performing ASX stocks that might have slipped your notice today. It’s a short, sharp update to help frame the trading day by showing some of the biggest movers in percentage terms....

Danakali has completed the sale of its 50% interest in the Colluli Mining Share Company (CMSC) to Sichuan Road and Bridge Group Co. (SRBG) for US$166 million. Net of all government taxes, the company will receive US$121 million in 2 Tranche...

RareX has added some highly experienced players to its management team in a move it says will enhance market reach and accelerate the development of its Cummins Range rare earths and phosphate project in WA. Effective April 3, 2023, experie...

The ASX 200 was up 1.04% while the ASX XEC rose 1.17% 8 out of 11 sectors were higher with Energy leading the way  The Health Care sector was the weakest, down 0.94%   The ASX 200 was up 1.04% today on lower-than-normal volume, and the A...

The ASX slid to close flat today, after realising we were in danger of making some money Materials and Energy enjoyed a boost from Chinese manufacturing data Retail theft rates have soared as the cost of living crisis hits hard around the...

RockTalk is a Stockhead video series featuring a roundtable of resources experts discussing a new macro topic each week.   In this episode Peter Strachan takes a deep dive into the world of fertilisers. This episode is focused on sulphate o...

It’s quarterlies season again as the ASX market announcements page becomes increasingly flooded with earnings lodgements. To save you the trouble of trudging through it all, we’ve wrapped up the highlights from some of the resources reports...

Benchmark spikes, falls, recovers, trips again, stays down.   Small caps just fall Delta Drones, Danakali rise   Choppy, dicey, angsty trade on Monday. Low volumes and high volatility. It’s almost like the markets themselves are in fact s...

Danakali (DNK) is selling its 50 per cent interest in Colluli Mining Share Company (CMSC) to pursue new opportunitiesDNK plans to sell its stake in the sulphate of potash company to Sichuan Road and Bridge Group for US$166 million (A$258.8...

Stockhead’s Top 10 at 10 highlights the best (and worst) performing ASX stocks in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms. The market opens at...

Benchmark set to end the day up 1.5% Small caps gain 2.2% Raiden Resources uses word visible,  Regional markets – pretty much led by ours – have risen in rare unison on Thursday thanks mainly to the wonderful stuff-up executed by UK Prime...

Food prices around the world continue to surge on the back of  a bleak global economic outlook How long will this last and why aren’t food stocks soaring in line with prices?  From transport delays to slowing harvests, the COVID-19 pandem...

Benchmark sags as Materials sector delivers even more tedious disappointment Coal miners hand back yesterday’s gains as investors tire of Chinese whispers Cannabis offers relief for investors and health stocks climb as well. The ASX has e...

Drilling is ongoing across multiple prospects at Hamelin Gold’s flagship ‘West Tanami’ project Satellite imagery uncovers new targets at Eclipse Metals’ ‘Ivittuut’ multi-commodity project in Greenland Danakali (potash), Metals Hawk (gold,...

Stockhead’s Top 10 at 10, published at 10.30am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest movers...

Aussie markets opened slightly ahead this morning after man of the moment Anthony Norman Albanese was sworn in as the 31st prime minister and posed for a happy ALP family pic, thus ended 10 years of conservative government. Throughout the d...

XEC rises like a stubborn mule, up 0.5% XJO wobbles, equivocates somehow ends 0.2% higher Galileo Mining (ASX:GAL) gains circa 200%   Choppy trade – oh yes – but with Galileo Mining (ASX:GAL) coming out swinging on Wednesday morning, tha...

On days like today, any green is a win Terrain makes early gains after picking up ‘Lort River’ rare earths project yesterday Lode (silver, zinc, copper), Danakali (potash ), AusQuest (copper) up on no news Here are the biggest small cap r...

Fertilizer prices up 30% since the start of the year due to the Russia/Ukraine war Europe’s nitrogen capacity heavily exposed to rising gas prices Ukraine Committee on Agrarian and Land Policy says a global food crisis is looming   Ferti...

“Greg has worked across all areas of finance at Danakali since 2018 and has not only confidently demonstrated his technical diligence managing DNK’s compliance financial reporting and risk management, but he has also implemented new interna...

“Colluli is a 200-year life of mine project, the rock salt resource represents another potential revenue stream from Colluli and reinforces Colluli’s primary business model. We believe that the new generation of sodium ion battery developme...

Danakali’s Colluli project could have its already robust economics improved further after analysis indicated it could produce magnesium chloride as a by-product. While the company’s focus at Colluli is to produce premium sulphate of potash...

The company’s Colluli asset will produce significant tonnes of high purity magnesium chloride as a by-product of its sulphate of potash production process.

The ASX had a positive finish to the week although it is in negative territory for the week. The ASX 200 closed at 7,443 points which is up 0.83% from yesterday but slightly down from the 7,457 mark it closed at last Friday. Today, the only...

The company’s vision is to bring Colluli into production using the principles of risk management, resource utilisation and modularity as a growth platform to develop the resource to its full potential.

RockTalk is a Stockhead video series featuring a roundtable of resources experts discussing a new macro topic each week. The program is sponsored by Bridge Street Capital Partners, a leading ECM and principal investment firm focused on mini...

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...

“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.

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

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.

“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.

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.

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.

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

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...

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...

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

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.