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→
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.