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Eritrea bound Fly Olympic files for bankruptcy, passengers stranded

Eritrea bound Fly Olympic files for bankruptcy, passengers stranded

Flight Travel Organizer Aer Asian Pacific Around The World Travel Ltd, also known as Fly Olympic, has filed for bankruptcy.  Approximately 500 to 600 passengers are stranded in Somalia, Iraq and Eritrea… Read more »

Nevsun Announces Results of 2014 AGM

Nevsun Announces Results of 2014 AGM

Vancouver, BC – Nevsun Resources Ltd. (TSX: NSU / NYSE MKT: NSU) (the “Company” or “Nevsun”) is pleased to announce the results of voting at its annual and special meeting… Read more »

Qatari Sheikh to invest two billion Euros in Deutsche Bank

Qatari Sheikh to invest two billion Euros in Deutsche Bank

May 19, 2014 (Frankfurt) – Deutsche Bank announced on Sunday that it raised 1.75 billion euros by selling 60 million shares to Paramount Holdings Services, an investment vehicle owned by… Read more »

Additional positive results from drilling at Yacob Dewar Project in Eritrea, Ortac says

Additional positive results from drilling at Yacob Dewar Project in Eritrea, Ortac says

May 19, 2014 (London) – Ortac Resources Ltd (“Ortac” or “the Company”) announced on Monday that it has received the third batch of assay results from the drilling programme recently completed… Read more »

Potash hopefuls bounce back

Potash hopefuls bounce back

May 18, 2014 (Sydney) // The Australian TWO months is a long time in the potash market, it seems. Back in March the chief executive of Germany’s K+S, Europe’s leading… Read more »

Ortac Resources announces drilling results at Jacob Dewar in Eritrea

Ortac Resources announces drilling results at Jacob Dewar in Eritrea

Ortac Resources Ltd, the AIM listed exploration and mine development company said on Tuesday that it has received the second batch of assay results from the drilling programme recently completed… Read more »

Nevsun boosts copper output in Eritrea

Nevsun boosts copper output in Eritrea

Nevsun Resources (TSX: NSU / NYSE MKT: NSU) was featured in The Northern Miner on May 7, 2014. An excerpt as well as a link to view the complete article… Read more »

Eritrea exports $20 million worth of copper to China

Eritrea exports $20 million worth of copper to China

April 24, 2014 (Jiangsu) – Panamanian flagged cargo ship “Thor Glory” unloaded 11,450 tonnes of copper concentrate, valued at $ 20,437,700, at the Port of Nantong in the Jiangsu province of… Read more »

Airlines from Eritrea, Sudan and Djibouti remain on EU blacklist

Airlines from Eritrea, Sudan and Djibouti remain on EU blacklist

The European Commission has updated for the 23rd time the European list of airlines subject to an operating ban or operational restrictions within the European Union — better known as… Read more »

Ortac says Eritrea rock chip sampling returns high grade result

Ortac says Eritrea rock chip sampling returns high grade result

April 14, 2014 (London) – Ortac Resources (LON:OTC) said rock chip sampling of Ber Gebey prospect in Eritrea have returned some high-grade results.They include one of 23 grams per tonne… Read more »