Tag Archives: Zara Gold Mine

Zara Gold Mine Starts Commercial Production

Zara Gold Mine eritrea
Eritrea’s second modern commercial gold mine going operational

By TesfaNews,

The Koka gold mining project, located within the Zara project area in Eritrea and operated by Zara Mining Share Company (ZMSC), have started commercial production of gold.

ZMSC, a joint venture company established between China SFECO Group (60%) and the Eritrean National Mining Corporation ENAMCO (40%), have already sent its first gold pour to China worth millions of dollars. Continue reading Zara Gold Mine Starts Commercial Production

The Koka Gold Mining Project in Eritrea

  • Koka Gold Mining Project - Eritrea: Mine Operator Zara Mining Share Company
  • Koka Gold Mining Project - Eritrea: Processing Plant Arial View
  • Koka Gold Mining Project - Eritrea: Processing Plant Arial View
  • Koka Gold Mining Project - Eritrea: Ball Mine Installation
  • Koka Gold Mining Project - Eritrea: EPC Project
  • Koka Gold Mining Project - Eritrea: Reagent Storage
  • Koka Gold Mining Project - Eritrea: Hauling Trucks
  • Koka Gold Mining Project - Eritrea: Koka Mine Village
  • Koka Gold Mining Project - Eritrea: Old Dining Room
  • Koka Gold Mining Project - Eritrea: The New Dining Room
  • Koka Gold Mining Project - Eritrea: Mining Team
  • Koka Gold Mining Project - Eritrea: Health and Safety
  • Koka Gold Mining Project - Eritrea: Hauling Trucks
  • Koka Gold Mining Project - Eritrea:
  • Koka Gold Mining Project - Eritrea: TSF Basin Preparation
  • Koka Gold Mining Project - Eritrea: Resettlement Planing
  • Koka Gold Mining Project - Eritrea: The Town of Rikeb

BY TESFANEWS

THE Koka Gold Mining project in Eritrea is one of the few mining projects that are owned by Chinese companies. Its operator, the Zara Mining Share Company (ZMSC), is a Gold focused company owned 60% by China SFECO Group, which is a subsidiary of Shanghai Construction Group and 40% by Eritrean State mining company ENAMCO.

In November last year, China SFECO Group acquired the Koka Gold deposit including Zara Project from Australian  company Chalice Gold Mines at US$100 million. Continue reading The Koka Gold Mining Project in Eritrea