Tag Archives: Eritrea Mining Industry

Russia Vying for Africa’s Mineral Resources

Africa is a prospective region for Russian mining companies - Mikhail Margelov

By TesfaNews,

Russia’s envoy to Africa, Mikhail Margelov, has said that Russian companies are interested in the development of natural resources deposits in Africa.

Understanding his country’s dependence on oil and gas exports, and realizing how unreliable this dependence is from the standpoint of national security, Russia is now eying mining to be its main source of financing its effort to modernize and upgrade the economy in the next 10 years and beyond. Continue reading Russia Vying for Africa’s Mineral Resources

The Asmara Geocongress 2011 – A Prelude to Attract More Investors and A Showcase to Eritrea’s Commitment in Developing its Mining Industry

Mr. Alem Kibreab, Director General of the Mining Department in the Ministry of Mines and Energy

By Eritrea Profile,

A regional workshop on Mining,“Asmara Geocongress 2011” will be conducted in Asmara from 4 – 8 of October 2011. The main purpose of the workshop is to discuss on how to effectively utilize the natural resources, especially mines, in the region. The congress will include countries located in what is called the Nubian-Arabian Shield Countries located at the Nubian Shield are Egypt, Eritrea, Sudan and Ethiopia and at the Arabian Shield are Yemen, Jordan, and parts of Israel. In all these countries we find similar rocks important for different developmental activities.

Hence, at the congress which will include experts in mining from the mentioned countries and other experts outside, investors, explores, representatives from governments and other stakeholders will participate and discuss and share experiences on the effective utilization of natural resources in the region. Continue reading The Asmara Geocongress 2011 – A Prelude to Attract More Investors and A Showcase to Eritrea’s Commitment in Developing its Mining Industry