Tag Archives: Development

NGEX – Eritrea: Bada Potash Exploration

Bada and Colluli for Potash

ngexresources.com

The Bada Potash Exploration License is located in the Danakil Depression in Eritrea. This large license, encompassing over 431 square kilometers, is located 30 kilometres inland from the Red sea port of Mersa Fatma and 150 kilometres southeast of the capital city of Asmara. Continue reading NGEX – Eritrea: Bada Potash Exploration

Nevsun: Bisha Declares Commercial Production

Bisha goes Commercial Production

Nevsun Resources Ltd. (TSX:NSU)(NYSE Amex:NSU) is very pleased to announce that the Bisha Mine in Eritrea has reached commercial production. Commercial production marks the completion of project development, commissioning and operational ramp-up of the mine and processing plant. The operation is currently producing gold at a rate in excess of 1,000 ounces per day

(Editor’s Note: 1Oz = 26 gram  i.e daily 26 Kg == USD 1.3 M). Continue reading Nevsun: Bisha Declares Commercial Production