By MiningWeekly, Essel Group India subsidiary, Essel Group Middle East (EGME) has continued its expansion into the African mining sector through the acquisition of Canadian company NGEx Resources’ Bada potash exploration licence, in Eritrea. The company aimed to start the first phase of drilling at the little-explored 736 km2 mining area located in the Danakil […]
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BY NEVSUN Nevsun Resources Ltd. (TSX: NSU / NYSE MKT: NSU) (“Nevsun”) is pleased to announce that the Bisha Mining Share Company (“Bisha”), a 60% owned subsidiary of Nevsun, has entered into an agreement (the “Agreement”) to acquire the Mogoraib exploration license (the “Property”) in Eritrea.
Continue ReadingBy Proactive Investors, An Austarialian mining company, Namibian Copper (ASX: NCO), has acquired two prime, advanced stage exploration projects that include Mogoraib River / Hambok project and Kerkebet Exploration Licences . Mogoraib River is located immediately along strike and to the south of the Bisha gold and copper mine. Kerkebet River contains a new high grade gold discovery […]
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