Danakali has announced that Afreximbank has granted credit approval for preferred power contractor with a US$42 million guarantee.
Altus Strategies has announced that its 100% owned Ethiopian subsidiary, Altau Resources, has been granted the Zager exploration licence in Ethiopia.
Danakali says that a report funded by the UNDP on the contributions of the Colluli Potash Project to Eritrea’s Sustainable Development Goals is ready.
ASX/LSE-listed Danakali welcomes the United Nation’s decision to lift the arms embargo and targeted sanctions imposed on Eritrea since 23 December 2009.
TSX / NYSE-listed Nevsun Resources has been advised by Zijin Mining Group that Zijin has received the second of three required regulatory approvals from the People's Republic of China for Zijin's proposed friendly takeover bid of Nevsun.
Dual-listed potash developer Danakali, on behalf of the Colluli Mining Share Company, has chosen DRA Global as the preferred engineering, procurement, construction and management provider for the Colluli potash project in Eritrea.
Nevsun Resources and Zijin Mining Group have entered an agreement where Zijin will make a take-over bid to acquire Nevsun.