Premier African Minerals - Re: PREM Stream Log - Danakil is certainly an interesting...

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Re: PREM Stream Log
16:24 23/01/2015
Cornishknocker
0 replies 0 0

Danakil is certainly an interesting project, shallow Potash deposits are a rare beast, with most mines operating in the 1000m-2000m depth horizon. Solution mining would make it one of the lowest cost producers in the world as well has having an extremely low Capex - in comparison with Sirius Minerals' York Potash Project (In North Yorkshire), which if it goes ahead will be nearly 1500 deep, with a Capital expenditure of £4 Billion! and much higher OPEX costs than a solution mine in Ethiopia.

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