zara gold project mine in eritrea

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  • Eritrea: Chalice Gold Mines closer to sale of Zara Project ...

    Chalice Gold Mines (ASX: CHN; TSX: CXN) is a step closer to selling its 60 per cent interest in the Zara Gold Project in Eritrea to China SFECO Group. SFECO has agreed to acquire Chalice's 60 per cent interest in the Zara Project for US$78 million in cash plus a deferred payment of US$2 million.

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  • Asmara Copper-Zinc-Gold-Silver Project - Mining Technology ...

    The Asmara copper-zinc-gold-silver project is located near Asmara, Eritrea. Image courtesy of Sémhur. The Asmara project will produce approximately 65Mlbs of copper, 184Mlbs of zinc, 42,000oz of gold, and 1Moz of silver during the first eight years of operation.

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  • 2014 ZARA GOLD MINING UPDTES IN Eritrea - .

    Chalice Gold Mines hits gold up to 138g/t tonne in Eritrea, 10 Jan 2012, Chalice's primary asset is the Cameron Gold Project in Ontario, Canada which it acquired in February 2014, The Koka Gold Deposit is part of the Zara Project in Eritrea, which Chalice agreed to sell the remaining 60%. Read More

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  • Chalice takes full ownership of Eritrea gold mine

    East Africa-focused Chalice Gold Mines has taken full ownership of the Zara gold project, in Eritrea, after it bought a remaining 20% stake from Dragon Mining.

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  • Eritrea: Company starts production of gold for sale ...

    Jan 24, 2016 · 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 pour to China worth millions of .

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  • China's Sichuan Road to mine copper in Eritrea starting in ...

    China's Sichuan Road to mine copper in Eritrea starting in 2019 ... home until now to Nevsun Resources' Bisha gold-copper-zinc mine and Shanghai SFECO's Zara gold operation. The Asmara ...

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  • Eritrea: Mining, Minerals and Fuel Resources

    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 deposit was conducted by Sunridge in 2010.

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  • ENAMCO | EastAFRO

    Chalice completes sale of Zara Gold Project in Eritrea to China SFECO Group and ENAMCO for combined US$114M 1430 Eritrean National Mining Corp (Enamco) Intends to Acquire 30% of .

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  • Chalice Gold to Sell Eritrea Project to China SFECO Group ...

    Chalice Gold has agreed to sell its 60 percent interest the Zara gold project in Eritrea to China SFECO Group for $100-million. The sale will enable Chalice to pursue other mining opportunities in ...

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  • Eritrea looks to build mining sector to kick-start economy ...

    Bisha mine in the north of Eritrea, a joint venture between Canada's Nevsun Resources and the state mining firm ENAMCO, is the only mine now in full production.

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  • Koka Gold Mine Deposit worth is over 1 ...

    The Company is focused on developing the Koka Gold Deposit into a low cost gold mine which is expected to produce 104,000 ounces of gold per year over a 7 year mine life at an average cash cost of US$338/oz gold (refer to the 43-101 Technical Report on the Koka Gold Deposit, Eritrea dated 27 .

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  • Swiss-Eritrea Links in Gold Mining – Eritrean Law Society ...

    Sep 01, 2017 · The controversial Eritrean gold comes from the Bisha gold mine, located in the middle of the desert. Since 2010, the Canadian company Nevsun mines copper, zinc and especially gold, 40 of which per cent is owned by the Eritrean regime. In order to purify the extracted raw gold into bars, the mining company needs a refinery partner.

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  • Gold Mining in Eritrea | INN - Investing News Network

    Sunridge Gold Corp. is a Canadian junior development company that has successfully defined four independently estimated NI 43-101 mineral deposits on the Asmara Project in Eritrea.

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  • zara gold project mine in eritrea

    Zara Mining Share Company is a gold focussed mining company with a single operating mine located in Eritrea, North East Africa. It is the companies vision to become Eritrea's premier business organisation and employer of choice.

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  • Eritrea looks to mining to boost economic growth - YouTube

    Feb 27, 2016 · The horn of Africa nation expects to have four mines in operation by 2018 producing gold, copper, zinc and potash as it digs itself out of slowing economic growth.

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  • Eritrea looks to mining to boost economic growth - YouTube

    Feb 27, 2016 · The horn of Africa nation expects to have four mines in operation by 2018 producing gold, copper, zinc and potash as it digs itself out of slowing economic growth.

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  • zara mining in eritrea

    Koka Gold Mine Project - MineAfrica. Zara Mining Share Company is a gold focused mining company in Eritrea. Owned 60% by ... Mining License awarded to develop and mine the deposit. Mining... More details » Get Price

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  • Mining and Exploration Activities in Eritrea

    Nov 23, 2012 · Bisha Mining Share Co (BMSC) is a mining company formed by a joint venture agreement between Eritrea's National Mining Corp. (ENAMCO) and Canada's Nevsun Resources Ltd. BMSC managed to successfully start and operate the first modern mine in Eritrea. Bisha mine was commissioned in the end of 2010 and commercial production started in February 2011. Since then .

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  • Bisha Mining - Home

    The Bisha Mine is a high-grade copper, gold, silver and zinc mine that commenced production in February 2011. The Bisha Mine has received continuous support from the Eritrean government, who granted the Company's mining license in January 2008. The project is the first modern mine in Eritrea.

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  • Mining: Eritrea digs deep for jobs | The Africa Report

    Mar 31, 2016 · It is majority owned by Canadian mining company Sunridge Gold, which last year announced a $88m deal to sell its 60% stake in the project to China's Sichuan Road & Bridge Group (SRBG). The Asmara project is estimated to contain 574,000tn .

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  • Gold exploration potential in Eritrea upgraded - Mining Weekly

    Global gold company Chalice Gold Mines has upgraded the regional exploration potential at its 80%-owned 944 000-oz Zara gold project, in Eritrea, East Africa, after completing the first phase of a ...

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  • Asmara Mining Conference: An update about mining ...

    Asmara Mining Conference: An update about mining undertakings. Zara Mining Share Company has already targeted its first gold pour to be in the third quarter of 2015 with an average gold production of 100,000 oz per annum. Koka mine site which is the property of Zara Mining Share Company has already been constructed.

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  • Chinese Miner to Start Copper Output in Eritrea by Next ...

    Eritrea has two producing mines -- Bisha, which produces gold, copper and zinc and is 60 percent owned by Nevsun Resources Ltd., and the Zara gold mine .

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  • Chalice Gold Mines intersects 1m at 92g/t gold at Zara ...

    Chalice Gold Mines intersects 1m at 92g/t gold at Zara Project in Eritrea. Chalice Gold Mines (ASX: CHN; TSX: CXN) and its 60% owned subsidiary Zara Mining Share Company (ZSMC) have intersected more high-grade mineralisation from diamond drilling at the Koka South and Debre Konate prospects.

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  • 2014 ZARA GOLD MINING UPDTES IN Eritrea - .

    Chalice Gold Mines hits gold up to 138g/t tonne in Eritrea, 10 Jan 2012, Chalice's primary asset is the Cameron Gold Project in Ontario, Canada which it acquired in February 2014, The Koka Gold Deposit is part of the Zara Project in Eritrea, which Chalice agreed to sell the remaining 60%. Read More

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  • High grade gold intercepts at the Zara Project - Anchorage ...

    Chalice Gold's Managing Director, Dr Doug Jones, said the Company was very encouraged by the new results, which highlighted the prospectivity of the Zara Project and the potential for discovering ...

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  • Zara Mining Share Company strikes deal with Eritrea ...

    Nov 02, 2011 · Chalice Gold Mines (ASX:CHN)(TSX:CXN) has moved closer to development of its Koka Gold Mine at the Zara Project after executing an agreement with the Government of the State of Eritrea. Chalice's 60 per cent-owned Eritrean joint venture company, Zara Mining Share Company ( ZSMC ), struck the deal with Eritrea which governs the future development and operation of the Zara Project.

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  • Zara Gold Project | .:TesfaNews:.

    Chalice Gold Mines (ASX: CHN; TSX: CXN) and Zara Mining Share Company (Chalice 60%, ENAMCO 40%) are pleased to announce that new drilling results have confirmed extensions to the high-grade mineralisation at the emerging Koka South discovery, located immediately south of its flagship Koka Gold Deposit, part of the Zara Gold Project in northern Eritrea.

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  • China's Sichuan Road to mine copper in Eritrea starting in ...

    Aug 24, 2018 · Asmara will be the third operating mine in the northeast African country, home until now to Nevsun Resources' Bisha gold-copper-zinc mine and Shanghai SFECO's Zara gold operation.

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  • Chalice completes sale of Zara Gold Project in Eritrea to ...

    PERTH, Western Australia, Sept. 4, 2012 /CNW/ - Chalice Gold Mines Limited (ASX: CHN;TSX: CXN) is is pleased to announce that it has today completed the sale of the Zara Gold Project in Eritrea to ...

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