brunneta
: Allana Potash freut sich bekanntzugeben..
Allana Potash Intersects Strong Potash Mineralization in Basin Centre With 37.8% KCl Over 4.10 Metres and Provides Update on NI 43-101 Report / - Hole 12 Intersects Strong Potash Mineralization of 37.80% KCl Over 4.10 Metres Within 15.20 Metres of 26.17%
brunneta
: Großes Potenzial für äthiopische Kali, sagt
CEO Allana ..
TORONTO (miningweekly.com) – Ethiopia has “huge potential” to become a significant potash producer, TSX V-listed Allana Potash CEO Farhad Abasov said on Thursday.
“It’s not going to be as big as Saskatchewan, but it’s going to be a substantial potash producer,” he commented in an interview.
Allana owns the Dallol project in the East African country, where it aims to publish an updated resource estimate in the middle of June.
A bankable feasibility study is scheduled to kick off immediately afterwards, to be completed around July or August next year.
Other companies active in the Ethiopian-Eritrean potash basin include Norway-based Yara Chemicals, diversified major BHP Billiton, Canadian hopeful Ethiopian Potash and Australian junior South Boulder.
Abasov said that Allana was hoping to produce around one-million tons yearly of the crop nutrient by late 2014, which it could expand in the future.
“We think the production can reach several million tons a year...as we start production and learn more about the market dynamics, and if there is enough demand, we can increase it beyond one-million tons.”
On Thursday, Reuters quoted Ethiopia Mines Minister Sinkenesh Ejigu as saying the country hoped to produce one-million tons of potash a year within five years, which Abasov said was a conservative projection.
A one-million ton operation would cost in the “hundreds of millions”, which Abasov hoped would not top $1-billion, though he said it was too early to estimate.
Already, the company has a 105-million-ton resource, which it Abasov said could be “significantly improved” through the recently completed drilling on the western portion of the property.
The company also plans on publishing another resource update later this year, based on drilling on the eastern part of the project.
Initially, Allana plans on trucking its potash to the Djibouti port, but hopes to make use of a rail line the Ethiopian government plans to develop. Abasov said the company might get its production on rail cars by around 2016, which should be cheaper than transporting it by road.
Saskatchewan is the biggest potash producer, accounting for around one-third of global supplies.
Allana Kali durchschneidet neue Zone der Kali-Mineralisierung im Südwesten Mit 61,26% KCl über 0,9 Meter in Bohrloch DK-11 bis 19 / - Bohrung 19 hochgradigen Kali-Mineralisierung von 61,26% KCl 0,90 Meter über 7,30 Meter innerhalb von 37,74% KCl - Dieser Sylv
Allana Potash's shares rise on high quality find in Ethiopia
Toronto-based company's shares, which have gained more than a third in value in the last 3-months, were trading up about 9 percent at $2.11 on Monday on the Toronto Stock Exchange. Earlier they had touched a high of C$2.18.
UK £ USD =1.6398 Euro USD =1.4433 Rand USD =0.1479
brunneta
: Industrie will mehr Geld für Lebensmittel
verlangen
Wie die Experten von Welt Online schreiben könnten die Preise für Nahrungsmittel in Deutschland bald ansteigen. Da die sich Rohstoffe so stark verteuert hätten, sähen die Hersteller keine anderen Möglichkeit mehr.
brunneta
: Allana Potash kündigt neue NI 43-101 konforme
gemessene und Mineral Resources von 673 Millionen Tonnen und eine Erhöhung der geschlussfolgerten Mineralressourcen auf 596 Millionen Tonnen / Indicated - New Gemessene und Mineral Resources von 673 Millionen Tonnen gekennzeichnet mit
Allana Potash Announces New NI 43-101 Compliant Measured and Indicated Mineral Resources of 673 Million Tonnes and an Increase in Inferred Mineral Resources to 596 Million Tonnes - New Measured and Indicated Mineral Resources of 673 Million Tonnes With Contained KCl of 126 Million Tonnes - Increase in Inferred Mineral Resources to 596 Million Tonnes With Contained KCl of 119 Million Tonnes - Resource Estimate Based on Only 40% of Allana's Licensed Land Area, Excellent Potential For Expansion - Large Kainitite Resource Points To Potential SOP Production - Resource Based on Four Potash Bearing Beds: Sylvinite, Upper and Lower Carnallitite and Kainitite
Thread abonnieren
