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Zara Mining Share Company 807 followers on LinkedIn. Zara Mining Share Company is a Mining and Metals company located in Eritrea.
Nov 06, 2009 Global gold company Chalice Gold Mines has upgraded the regional exploration potential at its 80-owned 944 000-oz Zara gold project, in Eritrea
Nov 01, 2012 Zara Mining Share Company ZMSC is joint-venture between ENAMCO and Chalice Gold Mines an Australian exploration company. ZMSC owns the high grade, Koka gold deposit and a substantial, largely unexplored, land package to the north and south of this deposit.
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. In 2018 however, the UN arms embargo was lifted from Eritrea.
Mar 31, 2016 Next in line to start production this month is the Zara gold mine, joint-owned by Enamco and China SFECO Group. The Asmara project three deposits on the outskirts of the capital is set to start production by the end of 2016. It is majority owned by Canadian mining company Sunridge Gold and holds copper, gold and zinc.
Nov 05, 2014 This growth will largely be driven by copper production at the Bishamine the start of gold production at the Zara mining project in 2014 and continued exploration activity and investment in the mining sector. In the medium term, Eritrea sees further prospects in oil production, fisheries and tourism.
Dec 27, 2011 SHANGHAI, Dec 27 Reuters - A subsidiary of Shanghai Construction Group Co. Ltd. will acquire gold mining assets in Eritrea, according to a company announcement.
Dec 28, 2011 Chalice Gold Agrees to Sell Remaining 60 of Zara Gold Project, Eritrea News provided by. Chalice Gold Mines Limited Dec 28, 2011, 0700 ET ... labour disputes and other risks of the mining ...
Apr 27, 2012 The state-owned Eritrean National Mining Corp. bought a 30 percent interest in Zara, which includes the 840,000-ounce Koka gold deposit, for 32 million in
Jun 13, 2011 Gold miners are expanding their focus in Africa to the northeast of the continent, a region that in the past, was largely bypassed by gold explorers. Northeast Africa already has a few gold deposits in the threshold size of one million troy ounces the size limit the usually piques the attention of bigger miners. Eritrea first gained mineral exploration interest due to other significant finds ...
sale by Chalice Gold Mines Eritrea Pty Ltd being a wholly owned subsidiary of Chalice Gold Mines Limited of all its shares in Zara Mining Share Company owner of the Zara Project in Eritrea to Shanghai Construction Hong Kong Limited, a wholly-owned subsidiary of China SFECO Group, on the
Bisha Mining Share Company is JV company NevsunEritrea Govt operating Bisha Mine 31 Dec 2015 Reserve 607,666oz gold, 34.1moz silver, 552mlb copper, 2,582mlb zinc Commenced commercial gold production in February 2011 on budget and on time
Chalice Gold Mines intersects 1m at 92gt gold at Zara Project in Eritrea Chalice Gold Mines ASX CHN TSX CXN and its 60 owned subsidiary Zara Mining Share Company ZSMC have intersected more high-grade mineralisation from diamond drilling at the Koka South and Debre Konate prospects.
Feb 26, 2016 Eritrea is on the move to expand its mining operations by 2018 to produce gold, copper, zinc and potash as it looks to open up more industries to diversify its economy, a top mining
Zara Mining Share Company 0.76moz 5.1gt gold Alasdair, 2018. The gold is hosted within the quartz stock works in a microgranite lensoid body the mineralized zone has a strike length of 650m. Developmental Stage Asmara Mining Share Company 1,130,000t of Zinc, 580,000t of Copper, 415,000 ozs of Gold
Member of MoEM seconded to various exploration companies within Eritrea, like Nevsun Resources NL currently known as Bisha Mining Share Company, Sun ridge Gold Mines currently know as Asmara Mining Share Company, IMC currently know as Andiamo Exploration Company, Beijing Donia Exploration Company, Zhong Chang Exploration Company, etc.
Apr 08, 2008 Zara Joint Venture, Eritrea Dragon Mining Limited - 20 interest Koka Gold Deposit Dragon Mining Limited, in conjunction with Sub Sahara Resources NL is pleased to announcethat assay results from a further 14 diamond drill holes have been received which have extended the known mineralisation 160 metres to 760 metres at the Koka gold deposit ...
Oct 12, 2018 Mit der Bisha-Mine kontrolliert China damit das zweite aktive Bergwerk in Eritrea nach der Koka Gold Mine, die von der Zara Mining Share Company betrieben wird. Ein drittes Bergwerk, das Kupfer-Zink-Gold-Silber-Asmara-Projekt, geh rt ebenfalls mehrheitlich einer chinesischen Firma, der Sichuan Road and Bridge Mining Investment Development ...
Jan 15, 2013 Another Canadian company, Sunridge Gold Corp. TSXVSGC, is among a handful of companies from Australia and China that are also hoping to make inroads in Eritreas resource sector.
With a developed mining code, mineral exports represents an attractive way for international investment in the country. Eritrea is a stable mining jurisdiction, demonstrated by the success of the Bisha, Zara and Asmara mines. Eritrea has an extensive amount of resources in addition to potash such as copper, gold, granite and marble.
Jul 09, 2013 In mid2012 China Sfeco completed its purchase of a 60 stake in the Zara goldmining project from Australiabased 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 Zaras twoyear engineering, procurement and ...
Eritrea receives substantial foreign exchange income from foreign-owned gold, copper, zinc, and nickel mining projects in which the government holds 40 percent ownership.
Jun 03, 2007 Australian explorer Sub-Sahara Resources will begin mining operations in Eritrea after test drilling revealed 760,000 ounces of high grade gold, the company said on Sunday.
Zara Mining Share Company General Information Description. Operator of gold mines. The company is a gold focused mining company with a single operating mine under the name Koka Gold Mine located in Eritrea, North East Africa.