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The 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 mining
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2014-11-6 First gold pour by Zara Mining Share Company is targeted on the third quarter of 2015 By Asmara Mining Journal , T he Koka gold deposit, located within the Zara Project area of northern Eritrea is being developed by he Zara Mining
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2012-1-6 Last June, the company sold a 30 percent stake in Zara to the Eritrean government for $32-million also offering the State-owned miner Enamco a 10 percent
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2019-5-22 There are currently only two mines in operation in Eritrea: gold, copper and zinc mine Bisha, which is 60% owned by Nevsun Resources, and gold mine Zara,
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2015-10-4 The Bisha Mine is expected to produce more than 1.14 million ounces of gold, 11.9 million ounces of silver, 821 million pounds of copper, and over 1 billion
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2016-1-22 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 (60%) and the Eritrean National Mining Corporation ENAMCO (40%), have already sent its first gold
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2011-6-13 Gold miners are expanding their focus in Africa to the northeast of the continent, a region that in the past, was largely bypassed by gold explorers. Northeast Africa already has a few gold deposits in the threshold size of one million troy ounces (the size limit the usually piques the attention of bigger miners.) Eritrea first gained mineral exploration interest due to other significant finds ...
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2018-8-24 The project, a group of four deposits on the outskirts of the capital, is estimated to contain 574,000 tonnes of copper, 930,000 ounces of gold and 1.2 million
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2013-7-7 Zara Mining Share Company (ZMSC) have entered in to an Engineering, Procurement and Construction (EPC) contract to commence construction work on the Zara Gold Project in Eritrea. The EPC contract that amounts approximately $83.58
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2014-11-6 First gold pour by Zara Mining Share Company is targeted on the third quarter of 2015. By Asmara Mining Journal,. T he Koka gold deposit, located within the Zara Project area of northern Eritrea is being developed by he Zara Mining Share
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2015-10-4 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 attract more investment.
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2020-9-22 It's enough to revive the race for a third mine in Eritrea. As soon as Covid-19 restrictions are eased, allowing it to bring ex-patriates into Eritrea, British Virgin Islands-registered Alpha Exploration plans to start drilling on its southwestern Kerkasha permit, on whose peripheral Anagulu prospect it recently struck gold and copper.
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2018-8-24 China’s Sichuan Road Bridge Mining Investment Development Corp. is gearing up to kick off copper, zinc, gold and silver production in Eritrea next year, following the country’s recent end to ...
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2011-6-13 Gold miners are expanding their focus in Africa to the northeast of the continent, a region that in the past, was largely bypassed by gold explorers. Northeast Africa already has a few gold deposits in the threshold size of one million troy ounces (the size limit the usually piques the attention of bigger miners.) Eritrea
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2016-3-21 Eritrea is one of the emerging gold producing countries in Africa. Having gained its independence in 1992, the country is relatively young when compared to other African countries. Eritrea has been working on developing its mineral resources for some time and today several projects are underway. It is expected that about four major mines
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Gold mining in Eritrea was carried out in the VMS deposits in 2010. A treatment plant at the Bisha Mine was commissioned by the Nevsun that hoped to commence with its commercial production in 2011. A feasibility study on the Debarwa gold, copper, zinc, and silver
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2021-6-1 The Asmara project is an advanced-stage, copper-zinc-gold-silver project located near Asmara, the capital city of Eritrea, Africa. The project encompasses four advanced deposits, namely Debarwa, Emba Derho, Adi Nefas and Gupo, and two pipeline deposits Adi Rassi and Kodadu. The feasibility study for the project was finished in May 2013 and the ...
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2020-1-11 Bisha Project is located at about 150km west of Asmara in Eritrea, East Africa. The mining project is a major deposit of volcanogenic massive sulphide (VMS) mineralisation. The VMS mineralisation is rich in base and precious metals such as gold and silver oxides, as well as copper and zinc sulphides. Bisha is the first-of-its kind in Eritrea to ...
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2015-11-13 The sale also serves to consolidate China's position in Eritrea, as its largest investor, creditor and trading partner. Elsewhere in the mining sector, SPECO, a subsidiary of China's Shanghai Construction Group, has formed a joint venture with Enamco to develop the Koka gold mine.
Read More2011-6-13 Gold miners are expanding their focus in Africa to the northeast of the continent, a region that in the past, was largely bypassed by gold explorers. Northeast Africa already has a few gold deposits in the threshold size of one million troy ounces (the size limit the usually piques the attention of bigger miners.) Eritrea
Read More2020-9-22 It's enough to revive the race for a third mine in Eritrea. As soon as Covid-19 restrictions are eased, allowing it to bring ex-patriates into Eritrea, British Virgin Islands-registered Alpha Exploration plans to start drilling on its southwestern Kerkasha permit, on whose peripheral Anagulu prospect it recently struck gold and copper.
Read MoreGold mining in Eritrea was carried out in the VMS deposits in 2010. A treatment plant at the Bisha Mine was commissioned by the Nevsun that hoped to commence with its commercial production in 2011. A feasibility study on the Debarwa gold, copper, zinc, and silver
Read More
There are currently only two mines in operation in Eritrea: gold, copper and zinc mine Bisha, which is 60% owned by Nevsun Resources, and gold mine Zara, which is 60% owned by Shanghai Sfeco Group of China. In 2018 however, the UN arms embargo was lifted from Eritrea
Read More2016-3-21 Eritrea is one of the emerging gold producing countries in Africa. Having gained its independence in 1992, the country is relatively young when compared to other African countries. Eritrea has been working on developing its mineral resources for some time and today several projects are underway. It is expected that about four major mines
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The first commercial production is due to begin in the third quarter of next year when the Bisha mine opens on a site in western Eritrea that contains nearly 1m ounces of gold, said Alem Kibreab ...
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2015-3-22 The Bisha mine is 60-percent owned by Nevsun and 40 percent by the government of Eritrea. Bisha is a high-grade VMS deposit configured in three distinct zones – a gold-silver oxide zone, a copper-enriched zone, and a sulphide zone
Read More2015-11-13 The sale also serves to consolidate China's position in Eritrea, as its largest investor, creditor and trading partner. Elsewhere in the mining sector, SPECO, a subsidiary of China's Shanghai Construction Group, has formed a joint venture with Enamco to develop the Koka gold mine.
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2018-6-14 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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2016-2-24 The hell of Serra Pelada mines, 1980s. Serra Pelada was a large gold mine in Brazil. Serra Pelada was a large gold mine in Brazil 430 kilometers (270 mi) south of the mouth of the Amazon River. In 1979 a local child swimming on the banks of a local river found a 6 grams (0.21 oz) nugget of gold
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