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Danakali Ltd.
Summary
| Project: | Colluli | |
|---|---|---|
| Deposit: | Colluli | |
| Location: | Eritrea | |
| Commodities: | Potash | |
| Date: | 12/6/2016 | |
| Report Code: | (Enviro) | |
| Report Type: | EIA/ESIA | |
| Project Stage: | Mine Development | |
| Report details: | 6-12-2016: Danakali Ltd. announces an EIA/ESIA report for its Colluli deposit at the Colluli project. Approval given for project. Danakali Limited (ASX:DNK) (“Danakali” or the “Company”) is pleased to announce that the Eritrean Mi | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: n/a (n/a) | |
| ABSTRACT: | Danakali Limited (ASX:DNK) (“Danakali” or the “Company”) is pleased to announce that the Eritrean Ministry of Land, Water and Environment (the Ministry) has accepted and approved the Social and Environmental Impact Assessment (SEIA) for the Colluli Project. The SEIA was submitted in April following a series of stakeholder engagements that were conducted post the completion of the definitive feasibility study (DFS), as announced on 30 November 2015. Approval of the SEIA represents a critical milestone in the advancement of the Colluli Project and paves the way for the approval and issuance of the mining license and final project development approvals. The acceptance and approval follows a comprehensive review of the SEIA by an Impact Review Committee, appointed by the Ministry. A series of engagements between the Committee and Danakali and Colluli Mining Share Company (CMSC) representatives, and an evaluation of the assessment relative to the original terms of reference took place over the last eight months. Representatives of the Impact Review Committee visited the Colluli Project site in June 2016, followed by a visit in mid-July by the Eritrean Ministry of Energy and Mines, accompanied by senior officials of that ministry. In its approval letter, the Ministry wrote “Having reviewed the responses from the company in its entirety, the Department of Environment appreciates CMSC for its proper addressing and incorporation of all the comments provided and accepts the SEIA.” | |
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