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China Unveils New Eritrea Mining Project

Your go-to source for the latest news and updates on Eritrea. Development; Politics; ... 2022 March 29, 2023 TesfaNews Leave a Comment on China Unveils New Eritrea Mining Project. Ambassador Cai Ge unveils the new, half-billion-dollar polymetallic mine project in Asmara. ... have a life of 17 years, producing an estimated 381,000 metric …

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Alpha Exploration – Exciting New Gold-Copper …

Kerkasha Exploration License. Ownership Alpha. Area = 771km². Four (4) areas of Colonial (Italian) workings currently identified. Six (6) Artisanal gold mining Prospects currently identified. Located in highly prospective …

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Video: Inside Eritrea's Bisha mines

Eritrea says it hopes to have four mines in operation by 2018 as it seeks to exploit the country's rich mineral deposits. Click on the video player above to watch FRANCE 24's full report from ...

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Commerical Gold Mining in Eritrea, Africa

This is an important Africa focused gold mining company. The company has four exploration licenses on a project that cover about 1,188km2 in the Augaro area. The company also owns 60% in the Bisha Mining Company with the remaining shares being owned by the Eritrean National Mining Corporation (ENAMCO). The company mines …

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Canadian mining company accused of exploiting Eritrea's forced …

Bisha, which began mining gold before transitioning to copper production in 2013, has generated $755m (£484.74m) in revenues for the Eritrean government since it broke ground in 2011, according ...

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New Mining Project in Eritrea Proves Again China Willing to …

A new half a billion-dollar mining project in Eritrea reaffirms China's reputation for investing in countries that others find too risky. China's ambassador to Asmara, Cai Ge, led a groundbreaking ceremony last week for new copper, zinc, and ore mine in a country that's largely cut off from the rest of the world and actively engaged in …

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UK junior reports good results from its copper/gold exploration

UK-domiciled junior miner Andiamo Exploration has so far identified a 100 000-oz-equivalent copper / gold resource (compliant with the Canadian National Instrument 43 101 standard) at its Yacob ...

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Landmark settlement is a message to Canadian companies …

Nevsun Resources' gold and copper mine in the Bisha mining district in northern Eritrea, adjacent to Sudan. (CBC) The case was first filed in 2014 by former mine workers Gize Yebeyo Araya, Kesete ...

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UK junior reports good results from its copper/gold exploration

UK-domiciled junior miner Andiamo Exploration has so far identified a 100 000-oz-equivalent copper / gold resource (compliant with the Canadian National …

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Kerkasha Exploration License – Eritrea – Alpha Exploration

Kerkasha Exploration License – Eritrea. The Kerkasha Exploration License Agreement granted on the 10 January 2018, currently covers an area of 771km² and is valid for 5 years with the ability to extend the life on an annual basis. The license area has the potential for gold & base metal mineralisation. There is the ability to negotiate time ...

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Major Mines & Projects | Bisha Mine

At Bisha Main, most of the in-pit haulage for waste will be carried out using 65-tonne haulage trucks and 10 m3 excavators, in 5 m benches. To control mining dilution and to increase selectivity smaller excavators will be utilised for ore mining. Harena pit will be mined using the same mining fleet and also in 5 m benches.

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Eritrea: Ethiopian Planes Raided Bisha Goldmine

Reliable sources from inside Eritrea indicate that the Bisha Gold Mining in Gash Barka and the May‐Edaga Depot are destroyed. The sources further claim that the attack which started at 4:30 am on Friday March 2o,2015 and the huge fire caused thereof lasted well into the middle of the day.

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China accelerates its expansion in Eritrea

Wednesday June 22, 2022, at 10:08 am. In Africa today. The Chinese ambassador to Eritrea has announced the start of joint mining of copper, gold, zinc and silver. A long-standing project, which should bring in 11,8 billion dollars. Baron Edmond James de Rothschild said: "When blood flows in the street, you have to invest in stone".

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Sunridge Gold : Signs Shareholder's Agreement with ENAMCO …

Sunridge Gold Corp. (the "Company" or "Sunridge") (SGC: TSX.V/SGCNF: OTCQX) is pleased to announce that Sunridge and the Eritrean National Mining Corporation ("ENAMCO") have executed a shareholders' agreement (the "Shareholders' Agreement") to organize and operate the Asmara Mining Share Company ("AMSCo") …

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China's Gold Mining Project in Eritrea

15. 16. 17. BY TESFANEWS. T HE Koka Gold Mining project in Eritrea is one of the few mining projects that are owned by Chinese companies. Its operator, the Zara Mining Share Company (ZMSC), is a Gold focused company owned 60% by China SFECO Group, which is a subsidiary of Shanghai Construction Group and 40% by Eritrean State …

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Bisha Project, Eritrea

The State of Eritrea has a 10% free carried stake in the project. Another 30% stake is held by the state-owned Eritrean National Mining Company (ENAMCO). …

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What did Canadian mining executives know about …

Executives at Vancouver-based mining firm Nevsun Resources have denied direct knowledge of human rights violations at their gold and copper mine in the Bisha mining district in northern Eritrea ...

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China and Russia pursue Eritrea for its strategic location in Africa

China is currently engaged in gold and polymetallic mining in Eritrea; with most of the country's copper ore and zinc ore exported to China. In 2018, Zijin Mining Group acquired Canada's ...

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MINERAL POTENTIAL OF THE STATE OF ERITREA

western Eritrea. Modern mining however only started during the Italian rule in the late twenties of the last century, when the Italian colonisers developed more than twenty small gold mines. The development of the mining industry was interrupted at an early stage, at the end of 1940's. Since then, the political and

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Zara Gold Mine Starts Commercial Production

Eritrea's second modern commercial gold mine going operational. By TesfaNews,. T he Koka gold mining project, located within the Zara project area in Eritrea and operated by Zara Mining Share Company (ZMSC), have started commercial production of gold.. ZMSC, a joint venture company established between China SFECO Group …

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Eritrea Mining Industry Newswire

Eritrea Mining Industry News Monitoring Service from EIN News; Media Monitoring & Online News Monitoring of Eritrea Mining Industry. Mining Industry Today. Questions? +1 (202) 335-3939. ... Gold Mining Industry: Investment Of Future Safety PORTLAND, OREGON, UNITED STATES, October 21, 2023 /⁨EINPresswire⁩/ -- The …

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Sudan official gold output near doubles as smuggling curbed

Sudan pocketed about 38.2 billion pounds ($86 million) from gold in the first half of 2021 and targets 104 billion pounds from a total 100 tons by the end of the year, al-Haj said.

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Alpha Exploration explores "last frontier" in Eritrea

Newly listed Alpha Exploration (TSX-V: ALEX) is confident that it is sitting on substantial gold, copper, and zinc deposits at its wholly owned Kerkasha property in …

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Eritrea Gold Production, 1994 – 2023 | CEIC Data

Eritrea Gold Production data is updated yearly, averaging 399.000 kg from Dec 1994 to 2021, with 28 observations. The data reached an all-time high of 11,788.000 kg in 2011 and a record low of 0.000 kg in 2002. Eritrea Gold Production data remains active status in CEIC and is reported by U.S. Geological Survey.

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Eritrea: a Final Frontier for Mineral Explorers

Eritrea is an emerging mining country situated in the Horn of Africa on the shores of the Red Sea, and bordered by Sudan to the west, Ethiopia to the south, and Djibouti to the …

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Eritrea Copper and gold finds could end up breaking China's …

Eritrea Eritrean mining projects return to Toronto Stock Exchange. Alpha Exploration, which is probing Eritrea's subsoil, has formally begun the procedure for a listing on the Toronto Stock Exchange, which Nevsun Resources left in 2018 in the midst of a trial related to accusations of forced labour at its Eritrean mine.

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Slavery charges against Canadian mining company settled on the …

Among the 100 countries was Eritrea, where the operations of the gold, copper and zinc Bisha mine gave rise to one of the most closely observed pieces of litigation in Canada in recent years ...

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The Power of Mining and the Future of Eritrea

China's Sichuan Road & Bridge Mining Investment Development Corp. is also seeing potential in Eritrea, particularly in copper, gold, silver and zinc. Estimates determine that more than 574,000 tons of copper, 930,000 ounces of gold and 1.2 million tons of zinc could be found in four deposits near the city, Asmara. July 9, 2018, marked …

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Eritrean mining projects return to Toronto Stock Exchange

Alpha Exploration's listing on the TSX would signal the return of Eritrean mining projects to the Canadian stock exchange. Nevsun Resources, the former operator of the Bisha gold, copper and zinc mine, was on the TSX until its takeover by China's Zijin Mining Group in December 2018. Nevsun's last years on the exchange were not happy …

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Mining in Eritrea: could a new potash project spur sustainable …

Eritrea has established a new mining code, and with gold mining now occurring in the area, the country has extra incentive to promote political stability to …

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Canada mining firm accused of slavery abroad can be sued at …

The plaintiffs claimed they and more than 1,000 others had been conscripted through Eritrea's military service into forced labour to construct Nevsun's Bisha gold, copper and zinc mine in the ...

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Bisha Project, Eritrea

The State of Eritrea has a 10% free carried stake in the project. Another 30% stake is held by the state-owned Eritrean National Mining Company (ENAMCO). Geology and reserves at the Eritrean mine "The VMS mineralisation is rich in base and precious metals such as gold and silver oxides, as well as copper and zinc sulphides."

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Canada's Nevsun Resources To Face Mass Slavery Lawsuit After

Trucks ferry excavated gold, copper and zinc ore from the main mining pit at the Bisha Mining Share Company in Eritrea, operated by Canadian company Nevsun Resources, on Feb. 17, 2016. A Vancouver-based mining firm can be sued for slavery, forced labour and crimes against humanity over its operations in Eritrea, the Supreme …

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Nevsun extends life of its Bisha mine in Eritrea until …

The mine started operations as a gold-silver producer in 2010 and has 28 million tonnes of measured and indicated resources and 31 million tonnes of inferred within 20 km of the existing mill ...

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Eritrea Mining Industry Newswire

Reunion Gold Announces Strong Drill Results Including Intersects of 71.0 m @ 5.77 g/t Gold and 88.8 m @ 4.13 g/t Gold ... Drilling for the conversion of Inferred …

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