Tag Archives: Ketina Mining SC

Russia to Deepen Relations with Eritrea

Foreign Minister Sergey Lavrov and his Eritrean counterpart Osman Saleh today hold Press Conference following their meeting in Moscow.

By Russian Ministry of Foreign Affairs,

The Eritrean Foreign Minister Osman Saleh has just arrived in Moscow for a 3-Day working visit at the invitation of Russian Foreign Minister Sergey Lavrov.

The two ministers today discussed key issues on the international and regional agendas with a focus on preventing and defusing conflicts in Africa, specifically in the Horn of Africa and South Sudan, as well as in the Middle East, including Syria and Yemen. Continue reading Russia to Deepen Relations with Eritrea

Russia’s Ketina Mining to Focus on Gold and Base Metal Deposits in Eritrea

Ketina Mining SC is the first Russian-Eritrean joint venture in Eritrea

By TesfaNews,

RUSSIAN companies have picked up their activity levels in Eritrea in terms of mineral exploration. At the end of August last year, a subsidiary of Gazprombank (GPB) (RTS: GZPR), Ketina Mining, registered in Eritrea in order to study potential gold and copper mining projects.

The company later entered into a joint venture with Eritrean State mining company ENAMCO to become the first Russian-Eritrean Mining Share Company.

Ketina Mining Share Company holds an area of 1000 km2 exploration license in Gash Barka region, Molki sub region. The area is located South-West of Asmara.

Basement rock in Eritrea covers more than 60% of the surface of the country. Continue reading Russia’s Ketina Mining to Focus on Gold and Base Metal Deposits in Eritrea