The miner has identified environmental and economic optimization opportunities at its Colluli potash project in Eritrea.

Danakali will spend the rest of 2020 focused on closing the required financing to bring its Colluli potash project closer to construction, as Eritrea eases covid-19 restrictions.

Despite two permit rejections, Odyssey aims to dredge phosphate sands from Mexico’s Exclusive Economic Zone.

The world’s largest miner will decide whether to go ahead with the $17bn potash project in Canada by mid-2021.

EY says Canada could see a wave of new gold deals and mines built in the coming months on the back of strong bullion prices and improved demand for metals from China.

The Eritrean Ministry of Energy & Mines has given Danakali the green light to develop its Colluli potash project.

In total, $8.84 billion in mining revenue is at-risk, with disruptions to 275 mine sites in 36 countries.