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MoU secures full financing of Kola potash project construction

“The DFS for Kola demonstrated that it will have large operating margins and a long project life which is suited to royalty financing."
Danakali

Danakali appoints Global Potash Solutions to Colluli optimisation team

This latest announcements follows the recent appointment by Danakali of multi-national engineering and construction firm, Fluor, as the lead on the FEED and optimisation...

African Potash raises $1.7 million for Republic of Congo project

African Potash, the AIM-listed African exploration company, has secured financial and technical resources with an aggregate value of approximately $2m to commence its “Phase...
Kore Potash

Kore Potash purchases drill rigs to further DX project

Kore Potash is keen to develop it DX project to boost cashflows
emmerson potash

A new CEO for Emmerson Plc

Emmerson, the Moroccan focused potash development company, is pleased to announce the appointment of Graham Clarke as CEO effective from 1 July 2020.

African Potash to mine in Republic of Congo

Brazzaville, Republic of Congo --- 30 January 2013 - African Potash ‒ an AIM listed investing company focussed on sub-Saharan potash assets ‒ has signed an agreement to acquire an indirect 70% interest in La Societe des Potasses et des Mines S.A. (SPM), which holds the exclusive right to conduct mining research activities for potash salts over the Lake Dinga project in the Republic of Congo.

The agreement is to acquire the entire issued share capital of Patagonia Capital Limited, a Mauritian company which holds a 70% interest in SPM, a company incorporated in the Republic of Congo for the purpose of mineral exploration.

The Lake Dinga project is surrounded by numerous potash development projects including the Sintoukola potash project, owned by Elemental Minerals Limited and the Mengo potash project, owned by Evergreen Resources Holdings (BVI) Ltd following its acquisition of MagIndustries Corp. It benefits from access to infrastructure, and is less than 60km from the port of Pointe-Noire

African Potash has revealed that the total maximum consideration payable for the acquisition is US$15 million, which will be satisfied by the issue and allotment of up to US$12 million worth of new ordinary shares in the company at 10p per share, and by the payment of up to US$3 million in cash.

emmerson potash

Kore Potash to seek listing on London Stock Exchange’s AIM

Kore Potash and intends to complete the listing on AIM by the end of 2017. Canaccord Genuity is acting as Kore’s advisor in relation to...

Plymouth Minerals reveals high grade potash assay results for Gabon project

Gabon - Plymouth Minerals has intersected shallow, high-grade sylvinite and carnallitite potash mineralisation in the final hole in its Phase 1 drilling programme, including: Sylvinite...
potash Emmerson

Minister of Mines not impressed with Sintoukola Basin projects

Kore Potash continues to communicate constructively with the Minister of Mines to ensure the parties remain fully engaged.
Kore Potash

Kore Potash secures 25-year ESIA certificates for Congo projects

Kore Potash, the Republic of Congo focused junior has been issued its Certificates of Environmental Compliance for its flagship 97%-owned Sintoukola potash project.

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