Prime Minister Hailemariam Dessalegn on Monday accused Allana Potash, the Canadian company which was engaged in potash mineral exploration and development project in the Afar Regional State, of tax evasion.
In an attempt to promote sustainable exploration and mining activities in the country and the Arabian-Nubian Shield region, the Ministry of Energy and Mines is organizing the Third Asmara Mining Conference dubbed as “Asmara GeoCongress 2012” from 2 – 6 October 2012, in Asmara.
As part of the Arabian Nubian Shield, Eritrea is now being acknowledged for its substantial mineral potential that ranges from VHMS polymetallic deposits associated with NeoProterozoic rocks of this Shield, to epithermal gold and Potash deposits in the younger Red Sea Rift-related sedimentary Continue reading Third Asmara Mining Conference to be Conducted→
Nevsun Resources Ltd. is pleased to advise that the Bisha Mine copper expansion project (“project”) is proceeding well against schedule and budget.
The Bisha copper expansion project will expand ore processing capacity from 2.0 to 2.4 million tonnes per year and convert from gold/silver doré to copper concentrate production. Annual run-rate copper production is expected to be 180 million pounds of payable metal per year, in concentrate with significant gold and silver by-product credits. Continue reading Sixty Percent of the $100m Worth Copper Plant in Eritrea Committed→