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Eritrea: Company starts production of gold for sale

The 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 …

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Key Projects-Zijin Mining Group Co., Ltd.

M&A. . Zijin Mining completed the acquisition of a 60% interest in the Bisha copper-zinc mine in 2019. Currently, Zijin Mining holds a 55% interest in the mine, while the Eritrean National Mining Corporation (ENAMCO) holds the remaining 45%.

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UK junior reports good results from its copper/gold exploration

UK-domiciled junior miner Andiamo Exploration has so far identified a 100 000 oz equivalent copper-gold resource (compliant with the Canadian NI 43 101 standard) at its Yacob Dewar property in ...

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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 …

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Exploration and Mining Companies Operating in Eritrea

The licenses partially surround Asmara and hence collectively are known as the Asmara project. >> (Latest) Chinese company acquired the Asmara project; 4) Chalice Gold/Sub-Sahara Resources. A prospecting license was originally granted in 1998 to Dragon Mining in a locality known as Zara in the northwest. After a one-year regional …

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Zara Gold Project Eritrea

About the Zara Gold Project The Zara Joint Venture comprises Exploration 4 licenses covering an area of 147km2 with a further 468km2 of applications situated in northern Eritrea, approximately 160km northwest of Asmara city (Figure 1). Sub-Sahara hold a 69% interest in the project and on application for a mining license,

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Eritrea Alasdair Smith strikes for gold again

In early March, New Zealand geologist Alasdair Smith started exploration on the Kerkasha project in Eritrea that his fledgling junior company Alpha Exploration acquired in January 2018. Kerkasha contains four historical Italian gold mines and six areas of current or recent artisanal gold workings. Smith plans to lift approximately 8,000 soil …

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(PDF) Genesis of the Koka Gold Deposit in Northwest Eritrea, NE …

The Koka gold deposit is located in the Elababu shear zone between the Nakfa terrane and the Adobha Abiy terrane, NW Eritrea. Based on a paragenetic study, two main stages of gold mineralization ...

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Gold Mining in Eritrea | INN

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. A feasibility ...

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Chalice Gold Announces Further Broad Gold Intercepts at Zara Gold

All results are uncut . Table 1: Significant Intercepts - Zara Gold Project. About Chalice Chalice Gold Limited is an exploration and development company which owns a 60% beneficial interest in ...

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Alpha Exploration explores "last frontier" in Eritrea

Resourcestocks. 12 January 2022. comments. Alpha Exploration explores "last frontier" in Eritrea. Newly listed Alpha Exploration (TSX-V: ALEX) is confident that it …

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Management Team – Alpha Exploration

Tewelde has worked in the Adola gold belt in Ethiopia and the Koka gold field in Eritrea (Zara gold mine) and has been a lecturer at Asmara University. SCOTT MCKEAG - PROJECT MANAGER (ANAGULU) BSc (Earth Science), California Polytechnic University-Pomona (1982), MSc (Geology), University of Otago, New Zealand (1987).

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Chalice Completes Sale Of Zara Gold Project; Current Cash …

Chalice Gold Mines Limited (TSX: CXN) reported the completion of the US $78 million sale of the Zara Gold Project in Eritrea to China SFECO Group. Chalice has received all funds and paid all ...

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US$83.5 million to Fund Zara Gold Project

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 …

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Exciting New Gold-Copper Discoveries in Eritrea

the Adola gold belt in Ethiopia and the Koka gold field in Eritrea (Zara gold mine) and has been a lecturer at Asmara University. Scott McKeag – Project Manager (Anagulu) BSc (Earth Science), California Polytechnic University-Pomona (1982), MSc (Geology), University of Otago, New Zealand (1987):

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Canadian mining company accused of exploiting Eritrea's forced …

The mineral boom is currently driving an economic resurgence, with the country posting a record $3.8bn in gross domestic product last year. The Eritrea National Mining Corporation has reported ...

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The Project KOKA (ZARA GOLD) is in FEASIBILITY stage. Mining …

The Zara Gold Project consists of six contiguous granted licences covering an area totalling 615 km2 situated in northern Eritrea, approximately 160 km northwest of the country's capital, Asmara. Geology of the KOKA (Zara Gold) Project

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Chalice sells Zara to SFECO

Chalice sells Zara to SFECO. World > Africa. 06 January 2012. Chalice Gold Mines Ltd has confirmed the sale of its remaining 60% stake in the Zara gold project in Eritrea to the China Shanghai ...

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Koka Project, Anseba Region, Eritrea

Koka Gold Mine; Zara gold mine. The Koka (Zara) gold mine, is the main open pit of the deposit, and is located in the Elababu shear zone (ESZ) that separates the Nakfa terrane in the east from the Adobha Abiy terrane in the west. The gold-bearing quartz veins commonly occur as reticular veins, with branching and converging features, and have ...

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The Project KOKA (ZARA GOLD) is in FEASIBILITY stage.

The Zara Gold Project consists of six contiguous granted licences covering an area totalling 615 km2 situated in northern Eritrea, approximately 160 km northwest of the country's …

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Zara Mining Share Company Developing Eritrea's …

The Koka gold deposit, located within the Zara Project area of northern Eritrea is being developed by he Zara Mining Share …

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Mining Weekly

Koka gold project, Eritrea. Project Description A scoping study on the Koka deposit, at the Zara project, has shown that the deposit has the potential to underpin a highly lucrative gold-mining ...

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PorterGeo Database

The Koka gold deposit is located in northern Eritrea, ~115 km NNE of the Bisha VHMS deposit and 165 km NNW of Asmara (#Location: 16° 29' 53"N, 37° 58' 16"E). Artisanal working are known over the Koka area since at least the mid 1990s. The 400 km 2 Zara Prospecting License was granted to Dragon Mining Limited in 1998, which was reduced …

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Genesis of the Koka Gold Deposit in Northwest Eritrea, NE Africa

The Koka gold deposit is located in the Elababu shear zone between the Nakfa terrane and the Adobha Abiy terrane, NW Eritrea. Based on a paragenetic study, two main stages of gold mineralization were identified in the Koka gold deposit: (1) an early stage of pyrite–chalcopyrite–sphalerite–galena–gold–quartz vein; and (2) a second stage of …

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Chalice Gold Agrees to Sell Remaining 60% of Zara …

The Company is focused on developing the Koka Gold Deposit into a low cost gold mine which is expected to produce 104,000 ounces of gold per year over a 7 …

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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 …

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Eritrea Copper and gold finds could end up breaking China's …

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 …

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Alpha Exploration explores "last frontier" in Eritrea

Haile has worked in the Koka gold field in Eritrea, which includes the Zara gold mine. Scott McKeag is the Alpha Advanced Project Manager with 30 years of experience as a geologist around the world and particularly in neighbouring Sudan, where he was involved in the discovery and development of the Jebel Ohier porphyry copper …

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Investors – Alpha Exploration

Zara Orogenic Gold Mine (Eritrea) Alasdair Smith (Former General Manager Exploration for Sub Sahara Resources) Asmara VMS Copper-Zinc-Gold & Orogenic Gold Project (Permitted for mining – Eritrea) Michael Hopley (Former President and CEO of Sunridge Gold Corp) Jebel Ohier Porphyry Copper-Gold Deposit (PEA Study completed – Sudan) …

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Chalice Gold Mines merge cash with Sub-Sahara Resources' …

Australian gold company Chalice Gold Mines (ASX:CHN) and East Africa‐focused gold explorer Sub‐Sahara Resources (ASX:SBS) have agreed to merge …

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zara mining in eritrea

Chinese and Turkish companies show interest in Eritrea. Jul 09, 2013· 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 construction project, worth US$84m, will be undertaken by China Sfeco.

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SFECO Group Advancing Development of the Zara Mine

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 …

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