Tag Archives: mining in eritrea

Nevsun: Bisha Zinc Project 90% Complete

By Nevsun,

Nevsun Resources Ltd. (TSX:NSU / NYSE MKT:NSU) is pleased to advise that the Bisha Mine zinc expansion project (the “Project”) is on schedule and well under budget. The Project is on-track for ore commissioning in mid-Q2 2016 (May – June) and commercial production later in 2016. Continue reading Nevsun: Bisha Zinc Project 90% Complete

Sunridge’s Path to Production Shines as Investors Interest Grow

Sunridge has fewer steps in its path to bring its four deposits into production

By Proactive Investors,

Sunridge Gold (CVE:SGC) is surging ahead with its Asmara project in Eritrea, getting close to securing a debt financing to put its flagship property into production, according to CEO Michael Hopley, who spoke to Proactive Investors in an interview last week.

In June, the company initiated a due diligence review — the step in advance of signing the financing agreement, when potential investors examine the project in detail before deciding to fund work on the property – that is being conducted by Micon InternationalContinue reading Sunridge’s Path to Production Shines as Investors Interest Grow

Colluli: World's shallowest buried evaporite potash deposit

South Boulder Mines

commodityonline.com

Where would you find the the world’s shallowest buried evaporite potash deposit? In Callolui Potash Project in Eritrea which is presently owned by South Boulder Mines (ASX:STB). The company in its latest exploration update has confirmed an increase in the initial exploration target of 500-750 MT of potash ores with average grades of 21-25% KCI located above 100 m vertical depth.       Continue reading Colluli: World's shallowest buried evaporite potash deposit