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 …

The project is estimated to yield up to 1 Mt/y of MOP for 25 years, based on a feasibility study conducted by Allana and completed in February 2013. ... "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 expeditiously. ...

Kelertas: Allana Potash is a junior exploration mining company focusing on potash deposits in the Dallol area of the far region of northeastern Ethiopia. Our flagship properties are in Ethiopia ...

When ICL bought Allana Potash it assumed 10 million dollars VAT and Withholding tax arrears. ERCA also requested some 40 million dollars capital gain tax for the property acquisition. Allana Afar Potash refused to pay the tax claiming that it was made based on an "illegal tax assessment" and terminated the potash mine …

Allana Potash Corp. provides an update to investors regarding the development of its flagship Danakhil potash project in northeastern Ethiopia. Significant progress has been made so far this year ...

Allana holds a concession to mine potash in Ethiopia, through its subsidiary, Allana Potash Afar Plc. Pursuant to its feasibility study, Allana estimates that its Danakhil project could yield up ...

Allana is a publicly traded corporation with a focus on the acquisition and development of potash assets internationally with its major focus on its potash property in Ethiopia. Allana has secured financial support from three significant strategic investors: ICL, one of the world's largest potash producers, IFC, a member of World Bank Group ...

Allana Potash Corp. agreed to a $137-million takeover bid from Israel Chemicals Ltd. because its chief executive said there was no other way to avoid massive dilution of shareholders. Toronto-based Allana is in the same position as many other junior mining firms: it has a great project but no easy way to finance it in the current rough …

The team at Allana Potash did a great job to de-risk the project by completing a feasibility study in 2013 and signing an extremely important strategic deal with ICL earlier this year (see the ...

This report has been prepared by Environmental Resources ... Allana Potash Corp. (Allana) holds one consolidated potash concession created from the amalgamation of their four original licenses (Exploration license Numbers – 2952-2954/2000, 2949-2951/2000, 2955-2957/2000 & ... proposed Dallol Potash Project.

The feasibility study for the Danakhil project in the Dallol region of northeast Ethiopia indicates it will produce about one million tons of potash annually within five years. The alliance comprises an …

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 ...

The company will pay $109 million for all outstanding shares in Allana, which holds rights to an Ethiopian potash mine. Israel Chemicals. (TASE: ICL: NYSE: ICL) has reached an agreement with Allana Potash Corp. (TSX: AAA) to acquire all outstanding shares in the Canadian company.Israel Chemicals, which already holds a 16.36% stake …

Allana Potash Corp. has announced positive results from an independent preliminary economic assessment (PEA) of production of sulphate of potash (SOP) at its Danakhil potash project in Ethiopia.The PEA evaluated SOP production as a separate mining operation, independent of a potential muriate of potash (MOP) operation that was the …

Allana Potash filed a technical report which outlines a resource update for its Danakhil potash project in Afar Regional State, last week. The technical report outlines an updated mineral resource estimate for all four potash units on the company's Ethiopian potash project, according to the press release posted on the company's official ...

The company has NI-43-101-compliant resources of more than 100 Mt., a strong, experienced management team and strategic investment from an offtake agreement with a Chinese mining group. Allana also has potash claims in Argentina adjacent to Vale's Rio Colorado project.

TORONTO, ONTARIO--(Marketwired - Nov 4, 2014) - Allana Potash Corp. (TSX:AAA) ("Allana" or the "Company") is pleased to provide an update on optimization studies currently underway on its Danakhil Potash Project in Ethiopia and on additional project infrastructure activities.Optimization studies include additional solution mining at …

ICL will support Allana in its development of the Danakhil potash project located in the Dallol region of the Afar province of northeast Ethiopia. The feasibility study for the proposed mine ...

Allana, with advisor BNP Paribas, has already put together over $600 million in soft commitments for debt financing from a group of development financing institutions and export credit agencies. The full bankable feasibility study being undertaken by German exploration consulting company ERCOSPLAN will be finished by the end of this year, …

Allana Potash (TSX:AAA) has announced it is starting its Preliminary Economic Assesment (PEA) on its Kainitite resources located on its Danakhil project, in Ethiopia. The PEA is to examine ...

P O T A S H. SOLUTION MINING POTASH PROJECT –KEY SUCCESS FACTORS. MRE: INDICATED 656M TONNES, INFERRED 1.15 BILLION TONNES; 70 meters of potash deposit thickness. Ownership Acquisition. •Millennial Potash is acquiring up to of the Banio Potash Project in Gabon through staged payments and exploration work.

Allana is a publicly traded corporation with a focus on the acquisition and development of potash assets internationally with its major focus on a previously explored potash property in Ethiopia.

Allana Potash Afar Plc – a subsidiary of the Toronto Stock Exchange listed Allana Potash Corp – is to start producing potash in Ethiopia at a cost of 750 million dollars. The Company, which has spent five years in the exploration process in what is known as the Dallol-Potash Project, has secured a license for production on 310,176 …

The project is owned by Allana Potash, which began phase one drilling on 5 April 2010. The drilling programme continued through 2010 and 2011, exploring potential potassium mineralisation in the ...

Allana Potash Corp. ("Allana" or the "Company") announces that it has secured a strategic alliance with ICL, one of the world's largest fertilizer producers, pursuant to which a wholly-owned subsidiary of ICL has entered into a definitive share purchase agreement (the "SPA") with Allana for an aggregate investment of $25 million in units of …

Allana Potash controls 160SqKm of the Danakhil Depression at Dallol, in Afar Regional State. In 2012, the company discovered 1.3 billion tonnes of potash resources at its Danakil potash project. The resource holds an average grade of 19.32pc potassium chloride, representing about 250-million tonnes, more than a 90pc increase …

Allana Potash Corp. is pleased to announce that all facets of its Feasibility Study led by ERCOSPLAN Ingenieurgesellschaft Geotechnik und Bergau are progressing. Trial solution mining,...

Canada's Allana Potash Corp. and Israel's ICL have agreed to invest in the Danakhil potash mine under development in Northeast Ethiopia.Under the deal, announced by Allana and ICL late last week, the Israeli group will invest US$23 million in units of Allana at about US$0.43 per unit. Following the completion of the initial investment, ICL …

Canada's Allana Potash Corp said lenders have indicated their interest in pumping in more than C$600 million for the construction of its Ethiopia potash project, exceeding the amount of debt ...

TORONTO, ONTARIO--(Marketwired - Oct 9, 2013) - Allana Potash Corp. ("Allana" or the "Company") is pleased to announce the issue of its Mining Licence for the Danakhil Potash Project (the "Project ...