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

Aug 24, 2018· 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. ( …

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

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 Group. Chalice CEO …

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Zara Gold Project | .:TesfaNews:.

Chalice Gold Mines (ASX: CHN; TSX: CXN) and Zara Mining Share Company (Chalice 60%, ENAMCO 40%) are pleased to announce that new drilling results have confirmed extensions to the high-grade mineralisation at the emerging Koka South discovery, located immediately south of its flagship Koka Gold Deposit, part of the Zara Gold Project in northern Eritrea.

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Gold exploration potential in Eritrea upgraded - Mining Weekly

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, East Africa, after completing the first phase of a ...

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Chalice Gold Mines merge cash with Sub-Sahara Resources ...

Apr 02, 2009· Australian gold company Chalice Gold Mines (ASX:CHN) and East Africa‐focused gold explorer Sub‐Sahara Resources (ASX:SBS) have agreed to merge the two...

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Eritrea Mining - ZARA MINING SHARE COMPANY(ZMSC) Is ...

Zara Mining Sh. Co., the wholly owner of Koka Gold Mine; started modifying and upgrading koka process plant, with an aim to boost daily milling rate and corresponding bullion production by 50%. Mechanical upgrading works are mainly focused in maximizing the capacity, of jaw crasher, ball mill, process pumps and process pipes. These modification ...

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China Sfeco Group

[2019-07-16] Mr. Yang Zigang Inspected the Gold Mine Project in Eritrea [2019-05-22] The 12th Chinese Medical Team in Eritrea Provided Medical Services for Koka [2019-05-22] The 26th Board Meeting of Zara Mining was Held in Xiamen [2019-01-25] The 25th Board Meeting of Zara Mining was held in Eritrea

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

Dec 28, 2011· 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 ...

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Gold Mining in Eritrea | INN - Investing News

Oct 04, 2015· Sunridge Gold Corp. is a Canadian junior development company that has successfully defined four independently estimated NI 43-101 mineral deposits on the Asmara Project in Eritrea…

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Chalice Gold Mines Strikes Deal with Eritrea | .:TesfaNews:.

Nov 01, 2011· 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 …

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Chalice agrees to sell remaining 60% of Zara Gold Project

Chalice agrees to sell remaining 60% of Zara Gold Project Transaction will deliver to Chalice a significant cash balance to pursue growth opportunities in Eritrea and elsewhere ABN 47 116 648 956 Chalice Gold Mines Limited, Level 2, 1292 Hay Street, West Perth, Western Australia T: +618 9322 3960 F: +618 9322 5800 E: [email protected]

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

May 22, 2019· 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.

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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.

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ዕደና ወርቂ ዛራ ኤርትራ / Gold Mining Zara Eritrea - YouTube

Feb 24, 2021· References:Shanghai Construction Group:https:// Koka Gold Mine Project Asmara Mining Conference - October 2014:

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Zara Chalice Gold: Regional Exploration ... - Eritrea-Chat.Com

Dec 21, 2010· 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.

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Chalice takes full ownership of Eritrea gold mine

Jun 22, 2010· East Africa-focused Chalice Gold Mines has taken full ownership of the Zara gold project, in Eritrea, after it bought a remaining 20% stake from Dragon Mining. Dragon Mining …

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

Dec 12, 2011· 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.

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Chalice Gold to sell remaining 60% of gold project in ...

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.

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

Sep 05, 2012· 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 ...

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Chalice may sell Zara gold project - Mining Journal

Dec 16, 2011· 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.

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20091020 Chalice Upgrades Regional Potential at Zara Project

Oct 20, 2009· Chalice Gold Mines Limited, Level 2, 1292 Hay Street, West Perth, Western Australia T: +618 9322 3960 F: +618 9322 5800 E: [email protected] CHALICE UPGRADES REGIONAL POTENTIAL AT ZARA PROJECT IN ERITREA Chalice Gold Mines limited ABN 47 116 648 956 20 October 2009 Highlights

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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 ...

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

Sep 05, 2012· 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.

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20110412 ASX Announcement - March Quarterly - FINAL

Chalice Gold Mines Limited ABN 47 116 648 956 12 April 2011 Highlights: • New drilling programs to commence in April at Zara Gold Project, Eritrea targeting additions to the current 840,000oz Indicated Mineral Resource • Drilling will ...

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Teclom Habtom - Chief Mine Geoloist - Zara Mining Share ...

Zara Mining Share Company. Feb 2017 - Present4 years 5 months. Zara, Eritrea. Lead the grade control and mine geology sections of the koka open pit gold mine. evaluate the tone and grade performance of the actual ore mined versus the resource model. Do reconciliation of material mined, fed material, EOM stockpile balance and Mill claimed.

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Chalice finds high-grade gold at Zara

Mar 31, 2010· 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 ...

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

Sep 22, 2020· Alpha's exploration director, geologist Tewelde Haile, also worked on the Zara mine, as well as in gold in Ethiopia. Another prospect. British junior Andiamo Exploration claims to have discovered a gold vein and a volcanogenic massive sulphide ore deposit on its Haykota project, to the west of Eritrea. It is also developing the nearby Yacob ...

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

Jan 24, 2016· 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 …

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Special Report: Danakali Ltd - Takeover Target - 10 Bagger ...

We highlight that all three current operating mines in Eritrea were previously purchased or taken over by various Chinese groups giving shareholders enormous returns: SFECO bought Chalice's Zara gold mine for US$80 million. SRBM bought Canadian Sunridge's Asmara base metal project for US$88 million.

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Zara Mining Share Company Developing Eritrea's Next Gold Mine

Nov 06, 2014· First 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 Share Company (ZMSC), a joint Venture between ENAMCO and the SFECO Group (SFECO), a subsidiary of Shanghai Construction Group Co. Ltd.

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High grade gold intercepts at the Zara Project - Anchorage ...

Nov 07, 2011· PERTH, Western Australia, Nov. 7, 2011 /PRNewswire/ - Chalice Gold Mines (ASX: CHN; TSX: CXN) and its 60% owned subsidiary Zara Mining Share Company are pleased to report that further high-grade ...

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High Grade Gold Intercepts at Zara Project

Zara Project in northern Eritrea (see Figure 1). Diamond drilling in the second half of 2011 ( see Figure 2 ) has focused on testing of high priority targets within a 7.5km long corridor encompassing the Koka deposit (Probable Mineral Reserve of 760,000oz @ 5.1g/t gold),

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China SFECO Group Advancing Development of the Zara Mine ...

May 25, 2014· Zara Mine: 800 cubic meters thick pool, adsorption columns, thickener, ball mill foundation, leach tank. By TesfaNews,. CHINESE investment group SFECO this week announced that mine construction work at the Zara gold project in Eritrea entered a smooth 200 days.. In comparison to the Bisha mine, the Zara Gold project is found in a mountainous terrain with some unfavorable …

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Zara Project Update - Chalice Mining

About the Zara Gold Project The Zara Project comprises four Exploration Licenses and two Prospecting Licenses (currently being converted to EL's) covering an area of 615km 2 situated in northern Eritrea, approximately 160km northwest of Asmara city. Chalice currently holds a interest in the project.

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2010809 ASX Announcement - Rights Issue Final - Chalice …

Zara Gold Project in Eritrea Chalice Gold Mines Limited (ASX: CHN) ('Chalice' or the 'Company') announces it proposes a 1‐for‐6 rights issue to existing shareholders at 42 cents to raise $12.6M before issue costs. Subject to completion of due diligence and execution of an underwriting

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Zara Gold Mine Starts Commercial Production - Magazine

Jan 22, 2016· 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 …

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