zara zara gold project mine in eritrea

  • Yaouré – Perseus Mining Ltd

    Between 2007 and 2014 Dr Jones served variously as Technical and Managing Director of Liontown Resources and Chalice Gold Mines responsible for exploration projects in Australia, Canada and Eritrea, the latter including the completion of exploration and feasibility studies on the Zara Gold Project before its sale to Chinese interests.

  • US$83.5 million to Fund Zara Gold Project

     · By TesfaNews, Zara Mining Share Company (ZMSC) have entered in to an Engineering, Procurement and Construction (EPC) contract to commence construction work on the Zara Gold Project in Eritrea. The EPC contract that amounts approximately $83.58 million for a two-year construction period was signed between ZMSC General Manager Mr. Michael P. Kelly and Mr. Zhang,…

  • Eritrean Mining: China''s Wanbao Withdraws

     · While in Eritrea, China has been trying to get a foothold to no avail. Its investment are limited to a share in the Zara Mining which they bought from an Australian company [Ref: Gedab news]. After its withdrawal from Eritrea, Wanbao is still left with mining concerns in the Democratic Republic of Congo, Gabon and Myanmar.

  • Why sale of Zara project in Eritrea is good for South ...

     · Chalice Gold Mines'' (ASX: CHN/TSX: CXN) sale of the Zara gold project for a combined $114 million in Eritrea is good news for Chalice shareholders as well as for companies in Eritrea such as South ...

  • Why sale of Zara project in Eritrea is good for South ...

     · roactiveInvestors - Australia) Chalice Gold Mines'' (ASX: CHN/TSX: CXN) sale of the Zara gold project for a combined $114 million in Eritrea is good news for Chalice shareholders as well as for companies in Eritrea such as South Boulder Mines (ASX:STB). The completion of the sale bodes well for South Boulder developing its massive Colluli potash project.

  • China''s Gold Mining Project in Eritrea

    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.

  • Eritrea: Company starts production of gold for sale ...

     · T he 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 …

  • Zara Gold Mine Starts Commercial Production

     · Eritrea''s second modern commercial gold mine going operational. By TesfaNews,. T he 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 …

  • Chalice finds high-grade gold at Zara

     · Drilling results from Chalice Gold Mines'' Zara gold project in Eritrea may put the spring back into its stock. Trevor Hoey Updated Jun 8, 2010 – 9.48am, first published at Mar 31, 2010 – 10 ...

  • Chalice may sell Zara gold project

     · Chalice Gold Mines Ltd has announced that it plans to sell its 60% interest in the Zara gold project in Eritrea for an undisclosed amount. Login or Start a £1 trial to read the full article.

  • Zara Gold Mine Starts Commercial Production

     · Eritrea''s second modern commercial gold mine going operational. By TesfaNews,. T he 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 …

  • Canadian mining company accused of exploiting Eritrea''s ...

     · Another company, Sfeco, a subsidiary of Chinese firm Shanghai Construction Group, is developing its Zara gold mine in the north of the country, but has not yet indicated when it …

  • Eritrea and Chalice Gold Mines Signs Share Holders ...

     · Chalice Gold, Chalice Gold Mines Limited (ASX:CHN; TSX:CXN) is pleased to announce that, further to the announcement of 16 June 2011 in which it advised that it had reached agreement with the Eritrean National Mining Corporation ("ENAMCO") for ENAMCO''s acquisition of a 30% participating interest in Chalice''s Zara Gold Project in Eritrea, East Africa, Chalice…

  • MINING AND REPRESSION IN ERITREA

    EMBARGOED UNTIL 00.01 BST, THURSDAY 14 JUNE 2018 1 MINING AND REPRESSION IN ERITREA: CORPORATE COMPLICITY IN HUMAN RIGHTS ABUSES A report submitted by Eritrea Focus to the All-Party

  • Mining: Eritrea digs deep for jobs

     · Mining: Eritrea digs deep for jobs. By Mark Anderson in Bisha. Posted on Thursday, 31 March 2016 11:50. The evening sun casts a glow over the Bisha mine as the last dump trucks of the day climb up gravel tracks on their way to a refinery, where copper and zinc ore will be processed and shipped off for sale on the world market.

  • Chalice Gold Agrees to Sell Remaining 60% of Zara Gold ...

     · This follows the agreement in July 2011 pursuant to which Chalice agreed to sell a 30% interest in the Zara Project to the Eritrean National Mining Corporation ("ENAMCO") (see ASX announcement 29 ...

  • Eritrea Slams Group''s Report of Forced Labor at Nevsun Mine

     · Mining Growth. Chalice Gold Mines Ltd., an Australian explorer for the metal, sold its Zara Project in Eritrea to China SFECO, a unit of Shanghai …

  • Chalice completes sale of Zara Gold Project in Eritrea to ...

     · PERTH, Western Australia, Sept. 4, 2012 /CNW/ – Chalice Gold Mines Limited (ASX: CHN; TSX: CXN) is is pleased to announce that it has today completed the sale of the Zara Gold Project in Eritrea to China SFECO Group for US$78 million plus a deferred payment of US$2 million upon commencement of commercial production at the Koka Gold Mine.

  • Chalice Gold Mines Strikes Deal with Government of Eritrea

     · Chalice Gold Mines has moved closer to development of its Koka Gold Mine at the Zara Project after executing an agreement with the Government of the State of Eritrea. Chalice''s 60 per cent-owned Eritrean joint venture company, Zara Mining Share Company (ZSMC), struck the deal with Eritrea which governs the future development and operation of the Zara Project.

  • 20091020 Chalice Upgrades Regional Potential at Zara Project

     · 80%‐owned 944,000oz Zara Gold Project in Eritrea, East Africa after completing the first phase of a regional exploration program. The program also included tenements adjoining the Zara Project recently granted to the Company (). Interpretation to date has resulted in the definition of over 60 priority anomalies

  • Chinese group to pay $80m-plus for Chalice''s Eritrean gold ...

     · TORONTO (miningweekly ) – Toronto- and Australia-listed Chalice Gold late on Tuesday said it agreed to sell its 60% stake in the Zara gold project in Eritrea …

  • Chalice Gold to sell Zara gold project in Eritrea ...

     · Zara is an advanced-stage gold project the main focus of which is the Koka gold deposit comprising 4.6 million tonnes @ 5.1 g/t gold in probable reserves. Last year Chalice Gold produced a feasibility study that outlined a gold mine around the Koka deposit, suggesting an operator could mine about 100,000 ounces gold a year for seven years.

  • Chinese Miner to Start Copper Output in Eritrea by Next ...

    Eritrea has two producing mines -- Bisha, which produces gold, copper and zinc and is 60 percent owned by Nevsun Resources Ltd., and the Zara gold mine …

  • [dehai-news] (Mineweb) ERITREA: Chalice Gold Mines Limited ...

     · respectively, at the Zara Gold Project, Eritrea. Chalice Gold Mines Limited (ASX: CHN - "Chalice") and Sub-Sahara Resources NL (ASX: SBS - "Sub Sahara") are pleased to provide the following update on the progress of the proposed merger between the two companies and the on-going work programme in Eritrea.

  • Chalice completes Zara sale

     · Gold miner Chalice Gold Mines has completed the sale of its Zara gold project, in Eritrea, to China SFECO Group for $78-million. Chalice would also receive a …

  • Chalice Completes Sale of Zara Gold Project in Eritrea to ...

     · C halice Gold Mines Limited (CXN.TO) has today completed the sale of the Zara Gold Project in Eritrea to China SFECO Group for US$78 million plus a …

  • Zara Mining Share Company strikes deal with Eritrea ...

    By Proactive Investors,. Chalice Gold Mines (ASX:CHN)(TSX:CXN) has moved closer to development of its Koka Gold Mine at the Zara Project after executing an agreement with the Government of the State of Eritrea. Chalice''s 60 per cent-owned Eritrean joint venture company, Zara Mining Share Company (ZSMC), struck the deal with Eritrea which governs the future development and operation of the ...

  • ዕደና ወርቂ ዛራ ኤርትራ / Gold Mining Zara Eritrea

     · References:Shanghai Construction Group:https:// Koka Gold Mine Project Asmara Mining Conference - October 2014:

  • Zara Project in Eritrea to be developed by Chalice Gold ...

    By Proactive Investors,. Chalice Gold Mines (ASX:CHN)(TSX:CXN) has moved closer to development of its Koka Gold Mine at the Zara Project after executing an agreement with the Government of the State of Eritrea. Chalice''s 60 per cent-owned Eritrean joint venture company, Zara Mining Share Company (ZSMC), struck the deal with Eritrea which governs the future development and operation of the ...

  • Chalice Sold Zara Gold Project to SFECO and ENAMCO for …

    Chalice Gold turned Red after selling its lucrative Zara Gold Deposit in Eritrea to China. By Chalice Gold Mines, C halice Gold Mines Limited (ASX: CHN/TSX: CXN) is pleased to announce that it has today completed the sale of the Zara Gold Project in Eritrea to China SFECO Group for US$78 million plus a deferred payment of US$2 million upon ...

  • Mining in Eritrea: could a new potash project spur ...

     · Despite having varied mineral resources available within the nation, there has been little development so far. There are currently only two mines in operation in Eritrea: gold, copper and zinc mine Bisha, which is 60% owned by Nevsun Resources, and gold mine Zara, which is 60% owned by Shanghai Sfeco Group of China.

  • Eritrea

    Eritrea (/ ˌ ɛr ɪ ˈ t r eɪ ə, ˌ ɛr ɪ ˈ t r iː ə / ()), officially the State of Eritrea, is a country in Eastern Africa, with its capital (and largest city) at Asmara is bordered by Ethiopia in the south, Sudan in the west, and Djibouti in the southeast. The northeastern and eastern parts of Eritrea have an extensive coastline along the Red Sea.The nation has a total area of ...

  • ERITREA : Copper and gold finds could end up breaking ...

     · The only mines currently in production are China SFECO''s Zara (gold) from and Zijin Mining Group''s Bisha (copper-zinc). The latter company acquired the site in 2019 from Canadian Nevsun Resources, which had been implicated in cases of forced labour and human rights violations ( Africa Intelligence, 24/03/20 ).

  • Gold exploration potential in Eritrea upgraded

     · Global gold company Chalice Gold Mines has upgraded the regional exploration potential at its 80%-owned 944 000-oz Zara gold project, in Eritrea, East Africa, after completing the first phase of a ...

  • Zara gold project mine in eritrea

    Zara Chalice Gold: Regional Exploration eritrea. Eritrean Business News: Chalice Gold Mines Limited TSX:CXNASX:CHN today announced it is ramping up regional exploration at its Zara Gold Project in Eritrea, East Africa, with a focus on identifying new prospects to increase resources in the vicinity of its flagship Koka Gold Deposit, which hosts an indicated Mineral Resource of 840,000oz at a ...

  • Zara Chalice Gold: Regional Exploration ...

     · Eritrean Business News: Chalice Gold Mines Limited (TSX:CXN)(ASX:CHN) today announced it is ramping up regional exploration at its Zara Gold Project in Eritrea, East Africa, with a focus on identifying new prospects to increase resources in the vicinity of its flagship Koka Gold Deposit, which hosts an indicated Mineral Resource of 840,000oz at a grade of 5.3g/t gold.

  • Foreign Investment in Eritrea''s Mining Sector: Human ...

     · In April 2012 Australia-based Chalice gold announced plans to sell its stake in Eritrea''s Zara gold mining project to Shanghai-based China SFECO Group. Chalice CEO …

  • Mining in Eritrea: could a new potash project spur ...

    Despite having varied mineral resources available within the nation, there has been little development so far. There are currently only two mines in operation in Eritrea: gold, copper and zinc mine Bisha, which is 60% owned by Nevsun Resources, and gold mine Zara, which is …

  • China''s Sichuan Road to mine copper in Eritrea starting in ...

     · China''s Sichuan Road to mine copper in Eritrea starting in 2019. Asmara will be the country''s third mining operation after Bisha (pictured) and Zara mines. ( …

  • Chinese and Turkish companies show interest in Eritrea

     · In mid‑2012 China Sfeco completed its purchase of a 60% stake in the Zara gold‑mining project from Australia‑based Chalice Gold Mines. The Zara Mining Share Company, the remaining 40% of which is owned by the Eritrean National Mining Corporation (Enamco), also announced in early July that Zara''s two‑year engineering, procurement and ...

  • zara gold project mine in eritrea

    The company is also working on developing and mining the Zara gold project after it 70% of the project from Dragon Mining NL in 2003. Eritrea Minerals Yearbook 2013 - EI SourceBook