Tag Archives: Eritrea Mining Potential

Mines and Money London 2012: Investor Spotlight – South Boulder Mines

The Colluli potash deposit is the world’s shallowest and the only open pit mining. What a Wonder?
The Colluli potash deposit is going to be world’s shallowest and the only open pit mining.

By Mines and Money,

Dr Chris Gilchrist gave an eye opening presentation about his company South Boulder Mines at the Mines and Money London 2012 Investors conference.

Dr Chris Gilchrist is a mineral processing engineer with over 30 years’ experience. He has managed major projects, mining and mineral processing research, new product development and the operation of large mines.  Continue reading Mines and Money London 2012: Investor Spotlight – South Boulder Mines

Eritrea 2013: Year of Sunridge Gold

“High time to buy Sunridge shares and am looking to buy more right now” – Peter Grandich

By The Grandich Letter,

I have followed both Nevsun and Sunridge closely for some time and I have watched the progress of their projects in Ertirea.

Both companies have discovered significant amounts of copper, zinc, and gold in Eritrea. Nevsun was a penny stock but has now taken off and they have a market cap of approximately $900 million I believe the turning point for them was about 4 years ago when they were awarded a mining license and concluded an agreement with the government for the government’s right to purchase 30% of the project. Continue reading Eritrea 2013: Year of Sunridge Gold

The Asmara Geocongress 2011 – A Prelude to Attract More Investors and A Showcase to Eritrea’s Commitment in Developing its Mining Industry

Mr. Alem Kibreab, Director General of the Mining Department in the Ministry of Mines and Energy

By Eritrea Profile,

A regional workshop on Mining,“Asmara Geocongress 2011” will be conducted in Asmara from 4 – 8 of October 2011. The main purpose of the workshop is to discuss on how to effectively utilize the natural resources, especially mines, in the region. The congress will include countries located in what is called the Nubian-Arabian Shield Countries located at the Nubian Shield are Egypt, Eritrea, Sudan and Ethiopia and at the Arabian Shield are Yemen, Jordan, and parts of Israel. In all these countries we find similar rocks important for different developmental activities.

Hence, at the congress which will include experts in mining from the mentioned countries and other experts outside, investors, explores, representatives from governments and other stakeholders will participate and discuss and share experiences on the effective utilization of natural resources in the region. Continue reading The Asmara Geocongress 2011 – A Prelude to Attract More Investors and A Showcase to Eritrea’s Commitment in Developing its Mining Industry