“Mining is a major sector in Eritrea, but we would like to make sure that Eritrea does not become a one-sector economy“-Woldai Futur By Jenny Vaughan (AFP), BISHA, Eritrea — In a vast pit of red earth, white stone and green ponds, excavators unearth precious copper in Eritrea’s first large scale commercial mine. In its […]
Continue ReadingBy Kevin Michael Grace, Sunridge Gold Corp V.SGC announced April 10 that the feasibility study of its Asmara Project in Eritrea is on schedule for completion in early May. The study is being conducted on four of the five deposits that comprise Asmara and will outline a mining plan that integrates the four deposits being processed at […]
Continue ReadingBy Nevsun Resources, Nevsun Resources Ltd. (TSX:NSU / NYSE MKT:NSU) is pleased to announce strong production results of 98,000 ounces of gold for the quarter ended September 30, 2012. Gold production in the quarter was again above expectations due to higher than anticipated grades in the transitional oxide zone. However, Nevsun does not expect this level […]
Continue Reading