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IN BRIEF: Danakali Hires RA International To Provide Mining Camp

20th Aug 2020 14:36

Danakali Ltd - developing Colluli sulphate of potash project in Eritrea - Colluli Mining Shares Co appoints RA International Group PLC as preferred contractor for the supply of accommodation, support services and other infrastructure for the Colluli project. RA will install a mine accommodation camp that can house 600 workers during production, expanding to 1,115 during construction. AIM-listed RA said the agreement is expected to run for two years with a value in excess of USD20 million.

Danakali current stock price: 27.00 pence

Year-to-date change: down 17%

RA current stock price: 56.00p

Year-to-date change: up 22%

By Tom Waite; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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