Allana Potash Danakil

Allana Potash sold to Israel Chemicals for $137 …

The $109.50 million takeover (or Cdn$137M), aims to speed up development of Allana's promising Danakil project in northeast …

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Round-up | Ethiopia: Allana Potash discovers new Potash …

The Canadian company, Allana Potash announces the discovery of potash deposit in north-eastern Ethiopia. ... A rail line from the Danakil mine site connecting to a proposed main line going to the port being considered by Ethiopia's government could materialize in 2017, although the company's costs are based on road transport, he said. ...

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Allana Potash Inc. (TSX: AAA) : Positive Outlook for the …

(TSX: AAA) : Positive Outlook for the Potash Industry, and Ethopian Danakil Basin by 24hgold 24hgold

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Allana Potash Corp agrees to $137-million takeover bid from …

The Danakil project helps ICL diversify its asset base outside Israel, and gives the company a project that is close to key African and Asian markets. Danakil is …

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Geoheritage and Resilience of Dallol and the …

The Danakil Depression, located in the northern segment of the Afar rift, is a world-class example of active rifting and the birth of a new ocean. ... Since 2015, large-scale exploration has returned through the …

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Potash Mining in Africa | INN

In spite of the challenges of exploring for potash in the Danakil Depression, revised mining laws and political interest have attracted companies like Allana Potash Corp. (TSX:AAA) and Ethiopian ...

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Mining Africa's Potash Riches: Is Allana a BHP Takeover …

Notably, BHP also has potash claims in close proximity to Allana's land holdings in Ethiopia's Danakil Potash Basin, which is shaping up to exhibit a "similar scale to Saskatchewan and ...

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Ethiopia: ICL Wraps Up Allana Potash Acquisition

In 2014, ICL acquired 16.22% of Allana for USD 25 million. Allana held a concession to mine potash at the Danakil mine in Ethiopia's Afar National Regional State. The project was estimated to yield one million tons of muriate potash (MOP) per year for 25 years, according to a feasibility study conducted in February 2013 by Allana.

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Ethiopia | Investment Dispute Settlement Navigator

Investments in a potash mining project through indirect subsidiary Allana Potash Afar Plc ("Allana Potash"), which held mining concessions for the Danakil mine in Ethiopia's Afar region. Decided in favour of State Ethiopia : Netherlands : Primary: B - Mining and quarrying

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Israeli Company Pumps 25 Million Dollars Into Afar Potash …

Allana's potash project is in the Danakil area of the Afar Region. Allana – a subsidiary of the Toronto Stock Exchange listed Allana Potash Corp, which had a five-year exploration process in the Dallol-Potash Project – secured a 20-year license for production on 310,176 sq kms in Dallol, in an agreement signed with the Ministry of Mines ...

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Allana Potash's Dallol Project Developing into a world class …

Allana's Dallol Potash Project is located in northern Ethiopia, and covers approximately 160 km2 of prime exploration acreage within the Danakil Depression or evaporite basin. Dallol is 100 kilometers from the Red Sea Port of Mersa Fatma, and 600 kilometers by road from the deep water Port of Djibouti.

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Circum, ministry ink agreement

Circum will be the second company following Allana Potash Afar to secure such a license to extract potash mineral in the Afar Regional State. There are currently three international firms involved in potash mining which includes Yara Dallol BV, a subsidiary of Yara International. ... Its Danakil potash project is located 600km from …

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The Development of Late‐Stage Continental Breakup: …

The Danakil horst and Nubian plates may thus represent strong tectonic units that act to focus extension to a narrower region. ... We thank Allana Potash Corporation for providing the data used in this study. University of Leeds acknowledges the support of Landmark Graphics Corporation via the Landmark University Grant Program, …

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ICL Completes its Acquisition of Allana Potash

Allana holds a concession to mine potash at the Danakhil mine in Ethiopia's Afar National Regional State, as well as the knowhow that has been accumulated in recent years.

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PROJECT UPDATE: Allana Potash Files NI 43-101 Report for …

According to the company's Feasibility Study, Allana Potash has an after-tax Net Present Value (NPV) of US $1.32 billion at a discount rate of 10% (based on a price of $430/tonne), including an ...

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Mining the green gold of Ethiopia's Danakil

Potash is likely to be one of the first commodities to contribute to this growth. In the remote and arid Danakil Depression, in northeast Ethiopia, lies the world's largest potash deposit. Three companies – Allana Potash Corporation, Yara International and Ethiopian Potash Corporation – are exploring the reserves.

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Israel Chemicals to Construct Three Fertilizer Factories in …

ICL has agreed to buy the 84 percent shares of Allana Potash, owner of the Danakil Potash mine last week. ICL believes the Ethiopian government is in complete support of developing the country's potash resources to unearth the potential of agriculture in Ethiopia, boost productivity and advance balanced fertilization, specifically within ...

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Allana Potash Corp Mining News

VANCOUVER — Toronto-based junior Allana Potash (AAA-T) sees 2013 as a pivotal year for its wholly owned Dallol potash project in Ethiopia's northeastern Danakil Depression, and since filing its last mining application in late April,…

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Potash Production to Commence in Afar Regional State

Allana Potash will commence production as of early 2015, according to the agreement signed by Sinknesh Ijigu, minister of Mines and Njib Abbabiya, co- founder of Alana Potash. ... The Dallol-Potash Project controls 160sqms of the Danakil Depression in Afar Regional State, 740 kms north-east of Addis Abeba.

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Ministry unable to takeover Allana's mine

Allana Potash Afar, the Canadian company, which was prospecting for potash mineral in the Danakil Depression, secured large scale mining license in 2013. Allana Potash Afar was a subsidiary company of Allana Potash, a Canadian company listed in the Toronto Stock Exchange.

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From the horn of Africa — Allana increases Ethiopia Dallol …

Article content. Allana Potash Corp (TSX:AAA) announced an updated NI 43-101 mineral resource estimate for its Dallol Potash Project in the Danakil Depression, northeast Ethiopia. The project now has measured and indicated resources of 1.3 million tonnes at an average grade of 19.32% KCI (potassium chloride), representing …

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ICL completes its acquisition of Allana Potash

The program includes the creation of hundreds of potash demonstration plots in Ethiopia. Commenting on the closing, ICL President & CEO Stefan Borgas, said, "We are delighted to complete our acquisition of Allana Potash and appreciate the strong support of Allana's Board, management team and shareholders in conducting the process …

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Allana adds major potash tonnage at Danakil

VANCOUVER — Just four months after releasing a feasibility study on its wholly-owned Dallol potash asset in Ethiopia's northeastern Danakil Depression, Toronto-based junior Allana Potash (AAA-T) has followed up with a new resource estimate that significantly boosts contained potassium chloride ...

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ICL Europe v. Ethiopia | Investment Dispute Settlement …

Investments in a potash mining project through indirect subsidiary Allana Potash Afar Plc ("Allana Potash"), which held mining concessions for the Danakil mine in Ethiopia's Afar region. Summary of the dispute Claims arising out of the State's imposition of an allegedly illegal tax assessment on the claimant's indirect subsidiary ...

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Ethiopia accuses Allana Potash of tax evasion

Allana Potash, which was listed in the Toronto Stock Exchange through its subsidiary company Allana Potash Afar, was prospecting for potash deposit in the Danakil Depression in North East …

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Israel Chemicals Acquires Allana Potash for $150m

Israel Chemicals Limited (ICL) has fully acquired Allana Potash Corporation, the parent company of Allana Potash. ... Taking a mining concession for 20 years at Danakil in the Afar Regional State on 310sqm of land, Allana, accomplished its exploration activities in 2013. Based on the feasibility study the company conducted, there could be …

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Mining heats up in the Afar potash region

The Danakil Depression is a geological depression in the Horn of Africa that includes three areas: the Afar Triple Junction; part of the Great Rift Valley where it overlaps Eritrea; and, the Afar Region of Ethiopia and Djibouti. About 1200 km² (463 sq mi) of the Danakil is covered by salt, and salt mining is a major source of income for many of the …

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The Development of Late‐Stage Continental Breakup: …

Allana Potash Corporation, Addis Ababa, Ethiopia. Search for more papers by this author. Matteo Lascialfari, ... We test this hypothesis using recently acquired seismic reflection and borehole data from the Danakil Depression, Ethiopia, a unique region of transition between continental rifting and seafloor spreading. Our data, located near ...

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Danakil Potash Project

One of the world's biggest undeveloped potash projects, the Danakil Potash project is located in the Danakil Basin, approximately 600km from Ethiopia's capital city, Addis Ababa. The project received …

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Israel Chemicals Acquires Allana Potash for $150m …

Israel Chemicals Limited (ICL) has fully acquired Allana Potash Corporation, the parent company of Allana Potash. The 150 million dollar sale followed approval by Allana's shareholders as well as …

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