Allana Resources (TSX-V:AAA) has just announced that it has commissioned construction of an all-season facility at its Ethiopia Potash project. The housing will accommodate up to 20 people and will include dormitories, a kitchen and water purification equipment. Allana’s President and CEO Farhad Abasov is quoted as saying: Allana is excited to take this first step [...]
Allana Resources (CVE:AAA) announced today that a joint venture agreement with a Chinese partner for Allana’s potash project in Ethiopia is progressing. Also, the companies are entering into discussions to agree “enhanced” terms of the agreement. The press release states: [The Chinese partner] has also informed Allana’s management that it has received approval from the [...]
Allana Resources declared the signing of a memorandum of understanding setting out the principle terms and conditions of a joint venture between Allana and one of the largest government-owned exploration and development organizations in China with respect to the financing of exploration works, feasibility study, construction of a solution mine and processing plant and production [...]
Allana Resources (CVE:AAA) annouced that they have signed an MOU with a government owned company in China to jointly develop Allana’s potash project in Ethiopia. While not naming the Chinese company, the release says that the terms include a $4.5m investment to purchase just under 20% of Allana. Farhad Abasov, Allana’s president and CEO is [...]
Allana Resources (CVE:AAA) annouced today that Stephen Halabura has joined AAA’s Advisory Board. Halabura’s North Rim Exploration is a geosciences and mining engineering consulting company that has provided consulting to BHP Billiton (NYSE:BHP), Potash One (TSE:KCL), Athabasca Potash (TSE:API) and others. Allana’s President and CEO, Farhad Abasov is quoted as saying: Mr. Halabura is one of [...]
The Ethiopia Potash Project is comprised of three mineral concessions in Ethiopia’s northeastern Danakil Depression totaling approximately 150 square kilometers. For full story, click here
The Ethiopia Potash Project is comprised of three mineral concessions in Ethiopia’s northeastern Danakil Depression totaling approximately 150 square kilometers. For full story, click here
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