Zara Mining Share Company Developing Eritrea's . 2014-11-6First gold pour by Zara Mining Share Company is targeted on the third quarter of 2015. By Asmara Mining Journal,. T he Koka gold deposit, located within the Zara Project area of northern Eritrea is being developed by he Zara Mining .Gold exploration potential in eritrea upgradedglobal gold company chalice gold mines has upgraded the regional exploration potential at its 80 owned 944 000oz zara gold project, in eritrea, east africa, after completing the first phase of a china's gold mining project in eritreathe koka gold mining project in eritrea is one of the few mining projects that are owned by chinese companies. its.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.Dehai News -- (BT) Eritrea And Ethiopia The Next . The other companies operate in Bisha and Zara, respectively, according to Mining. The project is a fruitful harvest of precious stones and minerals the company expects to ship out around 574,000 tons of copper gold will come about at 930,000 ounces and zinc, a component in most manufacturing materials, will come to about 1.2 million tons.
Dec 27, 2011 A subsidiary of Shanghai Construction Group Co. Ltd. will acquire gold mining assets in Eritrea, Shanghai Construction will acquire a 60 percent equity stake in Zara Mining.Mar 21, 2016 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. So far the company has recorded success in its gold projects around Asmara with sizable gold mineralization having been discovered in the old workings at the Woki Duba and Medrizien sites.Jan 16, 2012 PERTH, Western Australia, Jan. 16, 2012 PRNewswire – Chalice Gold Mines (ASX CHN TSX CXN) is pleased to announce that its 60 per cent-owned subsidiary, Zara Mining Share Company (“ZSMC”) has been granted two Mining Licences c overing the high-grade Koka Gold Mine at the Zara Project.
than 30 years work experience with Mineral Exploration companies and with the Geological Surveys of Ethiopia and Eritrea. Tewelde has worked in the Adola gold belt in Ethiopia and the Koka gold field in Eritrea (Zara gold mine) and has also been involved as a Lecturer at Asmara University.Sep 22, 2020 Having made the most recent gold and copper discoveries in Eritrea, Alpha and Andiamo are the most advanced companies on these metals in the country. The only mines currently in production are China SFECO's Zara (gold) from and Zijin Mining Group's Bisha (copper-zinc).Alpha Exploration Announces Drilling Intersection of 27 meters Averaging 2.67 g t Gold, 0.89 Copper and 6.64g t Silver from the latest drilling at Anagulu Gold-Copper Prospect, Kerkasha Property, Eritrea. March 31, 2021 Alpha Exploration Ltd. (“Alpha” or the “Company”) is pleased to announce assay results from its Phase 2 drilling.
Jan 15, 2013 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.Jan 05, 2012 Chalice Gold Mines has entered into a short term agreement to sell the remaining 60 of its Zara gold project in Eritrea to China SFECO Group for $80m in cash. This follows the agreement in July 2011 to which Chalice agreed to sell a 30 interest in the Zara Project to the Eritrean National Mining Corporation.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.
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.Mar 30, 2021 Eritrea Gold Mining News Monitoring. Get by Email • RSS. Published on Mar 30, 2021. End coal, end extractivism, end expansion of the mining frontier! Dear friends, We welcome the fact that popular pressure over climate impacts has forced the UK Government to call a public inquiry into the proposed new metallurgical coal mine in West Cumbria.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.