Modern Mining March 2018

MINING News

SENET appoints Managing Director

Danakali updates ore reserve at Colluli

ASX-listed Danakali has confirmed an updated JORC-2012-compliant Sulphate of Potash (SOP) ore reserve for the Colluli pot- ash project, located in Eritrea. The project is 100 % owned by the Colluli Mining Share Company (CMSC), a 50:50 joint venture between Danakali and the Eritrean National Mining Corporation (ENAMCO). The SOP ore reserve was updated as part of the Front End Engineering Design (FEED) phase, which investigated options to improve SOP production and cost outcomes for the project. The ore reserve estimate is based on a plant configuration comprising two processing modules and offsite water infrastructure to support the site water requirements. Modifying factors for the estimation are drawn from the sections of the FEED and DFS reports as required. This is the third SOP ore reserve estimate for the project. The updated estimate for Colluli, at 29 January 2018, is 1 100 Mt at 10,5 % K 2 O for 203 Mt of contained SOP equivalent. It comprises 285 Mt at 11,3 % K 2 O of proved ore reserve and 815 Mt at 10,3 % K 2 O of prob- able ore reserve. Colluli is located in the Danakil Depres­ sion region of Eritrea, approximately 177 km south-east of the capital, Asmara, and 180 km from the port of Massawa, which is Eritrea’s key import/export facility. The Danakil Depression is an emerging potash province, which commences in Eritrea and extends south across the border into Ethiopia. Colluli’s mineralisation commences at just 16 m below surface. Consequently, Colluli has significant mining, logistics and, in turn, capital and operating cost benefits over other potash development projects in the Danakil Depression, and other potash devel- opment projects globally, says Danakali. 

Darren Naylor. The SENET board has announced that Darren Naylor has been appointed as Managing Director of the company, effec- tive 1 March 2018. Based in Johannesburg, SENET is one of the leading project management and engineering firms in the field of mineral processing. The company, which now has around 300 permanent employees, was established in 1989 by Jim Hollywood and Neil Senior, with the early focus being on materials handling. It has since evolved into being the provider of entire minerals processing plants, one of its most recent projects being the gold plant at the recently commissioned Yanfolila mine in Mali. Naylor joined SENET in 2007 as a Project Manager. He was appointed to the Board in 2014, in the role of Business Development Director. He is a Professional Chartered Marketer and holds a Bachelor’s Degree in Marketing, as well as a Master’s Degree in Business Administration (Cum Laude). He progressed his career at SENET as a Project Manager and worked on numerous

Hugo Swart.

projects ranging in value from US$10 mil- lion to US$230 million, most notably spearheading the SENET team on the Twangiza gold project in the eastern DRC. SENET says that Naylor is a strong leader with exceptional interpersonal skills and boasts key competencies in strategy, mar- keting and finance, which he has deployed in diverse business environments and industries. This, coupled with his know­ ledge and experience in the mining and engineering sector, reinforced the SENET Board’s confidence in the appointment. As part of a strategic initiative to ensure the continued enhancement of SENET’s project delivery and engineer- ing capabilities, Hugo Swart, the former MD, will now adopt a new role in the company as Director of Operations. SENET’s Engineering, Process and Project Departments will report directly to Swart in a move that will bolster SENET’s opera- tional capacity. He will also personally focus on key account relationships, which remain an integral part of SENET’s success and business culture. 

March 2018  MODERN MINING  13