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The 3rd Nile Basin Development Forum closes in Kigali

The 3rd Nile Basin Development Forum closes in Kigali

KIGALI, Rwanda – The President of the Senate of the Republic of Rwanda, H.E. Jean Damascene Ntawukuriryayo has emphasized the need to overcome fragmentation that exists at various levels of climate change management.

He explained that in Africa there are many initiatives that are engaged in climate change matters, including the East African Community through the Lake Victoria Basin Commission, Inter Governmental Authority on Development, and the United Nations Environmental Programme. “There is need for synergistic interventions that optimize and ensure beneficial use of the available resources,” H.E. Jean Damascene Ntawukuriryayo added.

Speaking as Guest of Honor during the 3rd Nile Basin Development Forum in Kigali, Rwanda on 26th October, 2011 organized under the theme ‘Climate Change and its implications for Sustainable Development and Cooperation in the Nile Basin – Threats and Opportunities to Nile Basin Cooperation’ he said, “It is essential that policies, strategies, institutional and legal frameworks be developed, coordinated and harmonized at the global and regional level”.

Hon. Charity Kaluki Ngilu, Kenya’s Minister for Water and Irrigation and Chairperson of the Nile Council of Ministers in charge of Water Affairs, told participants that “the Nile Basin region is faced with a declining level of Lake Victoria. For us to guarantee water security for our citizens, I would encourage the Nile Basin Member States that are yet to sign the River Nile Cooperative Framework Agreement to do so.” She added that “Water security for Sudan and Egypt is not a matter for debate, but a right. To secure this right it is important the River Nile Cooperative Framework Agreement is ratified by all the Nile Basin States.”

Earlier, Dr. Wael Khairy, Executive Director of the Nile Basin Initiative, noted that achieving sustainable socio-economic development and management of the Nile Basin presents a great challenge, which calls for joint regional action as well as explicit political-will and financial commitment from all Nile Riparian States and development partners. He said the “Nile Basin can be resilient to climate change if, and only if, our Riparian States work together as one body”

The 3rd Nile Basin Development Forum was closed today 28th October, 2011 by the Host, Hon. Ambassador Stanislus Kamanzi, Minister of Natural Resources of the Republic of Rwanda.

He noted that participants have ably deliberated on the challenges, existing opportunities and the ever growing threats of climate change to development agendas, not only in NBI but in the whole of Africa.

“We received captivating key note speeches, deliberated on core issues and what can be done in Governance, Finance, Food and Energy Security in enabling us adapt to climate change”, he added.

Participants from the Nile Basin countries namely, Burundi, DR Congo Egypt, Eritrea, Ethiopia, Kenya, Rwanda, South Sudan, The Sudan, Tanzania, and Uganda issued a ‘Kigali Declaration’ in which they called for cooperation among their respective countries in preserving and managing the Nile Basin environment by giving due attention to its water and land resources, wetlands and biodiversity and by addressing the impacts of climate change.

They also highlighted the need to support the empowerment of the Nile Basin Initiative to take more rigorous and effective steps towards implementing pertinent climate change adaptation measures, thereby contributing to the efficient water management and optimal use of the resources as well as poverty eradication leading to promotion of economic integration in the Nile Basin.

Participants further called for strengthening participatory and integrated approaches in planning and decision making, including the meaningful participation of the civil society and non-governmental organizations in our efforts on responding to climate change at national and regional levels.

During the Forum, NBI launched some of its key products relevant to the subject of climate change. These include the second release of the Nile-Decision Support System (Nile-DSS), which is a world class analytical tool for NBI Member States and NBI as an institution that supports rational decisions and promotes sustainable outcomes. It provides a trans-boundary framework for sharing knowledge, understanding river system behavior, as well as designing and evaluating alternative development scenarios, investment projects, and management strategies.

The first ever River Nile State of Basin report, which is currently under preparation, will be introduced. Among other things, this report provides access to accurate, credible and timely information to help in raising awareness and increasing understanding and appreciation about the natural environment, the people, communities and economic development of the basin.

The Nile Basin Sustainability Framework, a suite of policies, strategies and guidelines through which the NBI will ensure that its activities are sustainable. It will also be used ensure that the development and management of the Nile Basin water resources undertaken by NBI Member States with facilitation of the NBI are in accordance with the principles of integrated water resources.

The Nile Information System (Nile-IS), a web-based knowledge management tool that allows for easy storage, searching, organizing, retrieval, analyzing as well as disseminating and exchanging information collected from NBI programs and projects.

A number of FAO-Nile Information Products prepared between 1996 and 2008. These products are ‘policy neutral’ instruments for examining a linked future between the land and water in the Nile Basin– and exploring the issues related to the people that depend on the continued access to land and cycle of nutrients and water. They are tools for understanding the impacts of rising demand for food and water against a variable hydrological regime.

More than 200 participants from within and outside the Nile Basin countries, including Ministers in charge of Water Affairs and Members of Parliament in the Nile Basin countries, environmentalists, water managers, researchers, River Basin Organizations, International and Regional organizations, civil society, private sector, media, diplomatic missions and development partners attended the 3rd NBDF organized by the Nile Basin Initiative in collaboration with the Ministry of Natural Resources of Rwanda.

The 4th Nile Basin Development Forum will take place in Nairobi Kenya in 2013

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RICE Dubai 2011 – International Rice Exhibition

RICE Dubai 2011 – International Rice Exhibition

Dubai, UAE

The first Rice International Conference and Exhibition (RICE) 2011 will be held in Madinat Jumeirah from 3rd to 5th November 2011.

This exhibition is a showcase for manufacturers, distributors, and suppliers around the world, representing all key sectors within Rice trade to expand their client base and venture into emerging markets.

RICE will serve as an ideal platform for more than 160 companies from over 30 countries to showcase 160 exhibitors, attracting 10,000 trade visitors for the event. This event will be organized by Ideal Idea Events Management, one of the leading event organizers in the region.

“Rice International Conference & Exhibition (RICE) – Dubai 2011 is the first and only international event in the region to gather all stakeholders of international rice market under one roof.

It is therefore a global stage, where different associated industry players can demonstrate their capabilities, services, products, and scientific outputs, and make these available for businesses. They can also establish new deals and business relations” said Dr.Faisal Ali Mousa, chairman of Ideal Idea Events Management. Dubai’s proximity to major rice producers, excellent shipping infrastructure, storage facilities, trade promoting environment and financing options provides competitive advantages to rice traders intending to expand in the Middle East and North Africa (MENA) region.

VISITOR & EXHIBITOR SEGMENT

Thailand | India | Vietnam | Pakistan | UAE | Saudi Arabia | Brazil | Italy
| Nigeria | Philippines | China | Egypt | United States | Guyana | Japan |
Myanmar | Iran | Iraq| Cambodia | Senegal | Syria | Kuwait | Qatar | Oman
| Jordan | Eritrea | Lebanon | Mauritania | Djibouti | Bahrain | Comoros
| Benin | Western Sahara | South Africa | Russian Federation | United
Kingdom | Canada | Turkey | Spain | Argentina | Belgium-Luxembourg
| Australia | Germany | Netherlands | Cyprus | Cote d’Ivoire | North
Korea | South Korea | Mexico | France | Hong Kong | Cambodia | Sudan
| Algeria | Morocco | Uruguay | Tunisia | Somalia | Libya | Afghanistan
| Indonesia | Bangladesh | Nepal | Madagascar | Malaysia | Sri Lanka |
Laos | Peru | Columbia | Tanzania | Mali | Ecuador | Cuba | Guinea |
Venezuela | Sierra Leone | Ghana | Cameroon | Yemen | Kenya |
Dominican Republic | Haiti | Bolivia | Nicaragua | Singapore | Liberia |
Costa Rica | Panama | Papua | New Guinea | Angola | Niger | Chile |
Kazakhstan | Burkina Faso | Congo | Uzbekistan | Ukraine | Honduras |
Togo | Poland | Romania | Malawi | Guatemala | Zambia | Chad | Czech
Republic | Hungar y | Azerbaijani | Bulgaria | Tajikistan | Paraguay | El
Salvador | Slovakia | Norway | Croatia | Bosnia | Jamaica | Slovenia |
Gambia | Gabon | Estonia | Swaziland | Peru | Panama | Kyrgyzstan |
Brunei | Suriname | Austria | Greece | Belgium | Belarus | Macedonia

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No Famine in Eritrea, says German Terra Tech

No Famine in Eritrea, says German Terra Tech

ADH

Please find below a Press Release of Aktion Deutschland Hilft (an umbrella organisation founded by 10 of Germany’s most renowned aid organisations) about famine in East Africa.  The Press Release below is a google translated article of the German version (02.09.2011).

To read the original in German please visit: Aktion Deutchland Hilft

Today, the deputy chairman of Terra Tech, Dr. Gangolf Seitz, and Terra Tech Staff Christian Schmetz returned from their trip to Eritrea. They stayed ten days in the East African country to assess the status of agricultural projects in the Debub Province .

Together with its local partner, Vision Eritrea and the Eritrean authorities, a water supply for two villages and an irrigation system for the surrounding fields in the higlands were introduced.

The project started in January 2009 began the construction of a dam with a reservoir to ensure year-round water supply. Below the dam resulted in two wells. One is used to irrigate the fields, the other the drinking water supply for the neighboring villages and Abi Adi Adi Itay. A total of four miles were laid pipes, through which the water using a solar-powered pump in two high tanks.

In the villages, two collection sites were constructed. In order for 1,200 people with clean drinking water supply is secured. The irrigation system for the fields allows three harvests a year and result in a revenue increase of 60% for the affected farmers.

Eritrea is one of the East African countries affected by drought for years. However, agricultural projects such as the one from Terra Tech clearly reduced the exposure to climate variations. Therefore, Eritrea is not as strongly affected by famine as the neighboring countries.

“The current rainy season is rich and our lake is well stocked. The water supply of Abi Adi and Adi Itay ensures even during the next drought, “says Schmetz. Also Gerezghiher Hagos, project manager of Vision Eritrea is happy with the success of the project: “The inhabitants of the villages take the drinking water supply to enthusiastic, and a few days ago we could start sowing on the newly created fields. Thanks to the all-season irrigation farming activities can now be scheduled reliably for many years. “

Terra Tech is also active in countries in need of acute emergency assistance in the face of the current drought in East Africa. “Our efforts focus on the more affected Kenya,” says Dr. Seitz. “Together with our partner, the St. Consolata Hospital in Kisumu, we distribute food to starving families in the northern Turkana district.” The families can thus remain in their homes and not have to relocate into already crowded emergency camps.

To mitigate the effects of future droughts, Terra Tech is planning in Kenya the implementation of irrigation projects, similar to the project in Eritrea

If you want to help countries affected by the drought please donate to:

Aktion Deutschland Hilft, das Bündnis der Hilfsorganisationen,
bittet um Spenden für die Menschen in Ostafrika:
Spenden-Stichwort: Ostafrika
Spendenkonto: 10 20 30
Bank für Sozialwirtschaft, BLZ 370 205 00
Charity SMS: SMS mit ADH10 an die 8 11 90 senden
(10 € zzgl. üblicher SMS-Gebühr, davon gehen direkt an
Aktion Deutschland Hilft 9,83 €)
Sicher online spenden: zum Spendenformular
Spenden-Hotline: 0900 55 10 20 30
(Festnetz kostenfrei, mobil höher)

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Chilean Mine Rescue Capsule to be on Display in Toronto at Upcoming Prospectors and Developers Association of Canada (PDAC) Convention

Chilean Mine Rescue Capsule to be on Display in Toronto at Upcoming Prospectors and Developers Association of Canada (PDAC) Convention

TORONTO (March 4, 2011) – One of the three rescue capsules built to rescue 33 Chilean miners trapped underground last year will be on public display at the Prospectors and Developers Association of Canada’s International Convention, Trade Show and Investors Exchange, to be held at the Metro Toronto Convention Centre (south building) from Sunday, March 6 to Wednesday, March 9.

The 21-inch wide, bullet-shaped capsule, called Phoenix 1, will be standing tall and proud on the ceremonial floor of the convention centre and will be a fascinating reminder of the remarkable rescue that kept a billion people around the world riveted to television screens and internet monitors last October as, one by one, the miners were brought to safety.

They had spent a record 69 days underground. This is the first time that any of the three capsules has been on display in North America.

The PDAC will pay tribute to the team responsible for the rescue, believed to have been the deepest ever at 700 metres, by presenting a special achievement award to its leader, Laurence Golborne, Chile’s Minister of Mining, at an awards ceremony on Monday, March 7 at the Fairmont Royal York Hotel.

Minister Golborne will be heading a large Chilean delegation attending this year’s convention, which attracts people and companies involved in mineral exploration from all over the world. A record attendance of more than 22,000 is anticipated.

About the PDAC:

The Prospectors and Developers Association of Canada (PDAC) is a national association representing the mineral exploration and development industry. Its 7,000 individual and corporate members are involved in the exploration, discovery and development of new mines and new wealth. The association’s convention is the world’s largest annual gathering of the mineral industry. PDAC Convention 2011 will be held March 6-9 in Toronto.

Contact information:
Saley Lawton
Director, Communications, PDAC
416.362.1969 ext 225
slawton@pdac.ca

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Bisha Declares Commercial Production

Bisha Declares Commercial Production

February 22, 2011

  • Bisha Declares Commercial Production
  • Commercial production achieved on schedule and under budget
  • Producing over 1,000 ounces per day
  • Produced 40,000 ounces of gold to date
  • Recoveries higher than expected

VANCOUVER,BC – Nevsun Resources Ltd. (TSX:NSU / NYSE Amex:NSU) is very pleased to announce that the Bisha Mine in Eritrea has reached commercial production. Commercial production marks the completion of project development, commissioning and operational ramp-up of the mine and processing plant. The operation is currently producing gold at a rate in excess of 1,000 ounces per day.

The commissioning of the plant commenced in late October, with first gold pour in late December and a progressive ramp up thereafter. Plant throughput averaged approximately 5,250 tonnes per day over the last 30 days, with a peak of 6,560 tonnes per day, well above schedule.

Recoveries are also higher than planned, averaging 89% over the last 30 days. During the commissioning phase, Bisha has produced approximately 40,000 ounces of gold.

Nevsun’s President Cliff Davis states “We are very pleased to bring this spectacular deposit into production and under budget. Our success can be attributed to our staff, contractors and the unwavering support of the Government of Eritrea.

The State has understood from the beginning that responsible development of the mining industry has the potential to be a significant economic catalyst to the State of Eritrea over the next several years.”

Commercial production was defined as >90% of planned throughput and >90% of planned recoveries for a period of >30 days.

As announced in the Company’s news release dated January 27, 2011, the Company’s independent engineer is currently working on a re-statement of reserves for the Bisha deposit and anticipates this will be available before the end of this quarter.

Forward Looking Statements: The above contains forward-looking statements concerning development and operating progress. Forward-looking statements are frequently, but not always, identified by words such as “expects,” “anticipates,” “believes,” “intends,” “estimates,” “potential,” “possible” and similar expressions, or statements that events, conditions or results “will,” “may,” “could” or “should” occur or be achieved. Forward-looking statements are statements about the future and are inherently uncertain, and actual achievements of the Company or other future events or conditions may differ materially from those reflected in the forward-looking statements due to a variety of risks, uncertainties and other factors, including, without limitation, those described in the Management Discussion and Analysis of the Company. The Company’s forward-looking statements are based on the beliefs, expectations and opinions of management on the date the statements are made and the Company assumes no obligation to update such forward-looking statements in the future. For the reasons set forth above, investors should not place undue reliance on forward-looking statements.

NEVSUN RESOURCES LTD.

“Cliff T. Davis”

Cliff T. Davis

President & Chief Executive Officer

A detailed stock quote on TSX: NSU can be found here.

For Investor Relations Contact:

kin communications inc.
tel. 604.684.6730 | tf. 1.866.684.6730 | fax. 604.684.6740 ir@kincommunications.com | www.kincommunications.com
suite # 210 – 736 granville street, vancouver, bc V6Z 1G3

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Dubai to Host Prestigious Common Market for Eastern and Southern Africa (COMESA) Investment Forum

Dubai to Host Prestigious Common Market for Eastern and Southern Africa (COMESA) Investment Forum

  • Meeting to be staged in Dubai for the first time
  • Reaching out to the new African markets is an integral part of Dubai Chamber’s strategic plans

Dubai, UAE: One of Africa’s most important and influential investment forums – the Common Market for Eastern and Southern Africa (COMESA) Investment Forum – will be hosted in Dubai under the Patronage of HH Sheikh Mohammed Bin Rahsid Al Maktoum, Vice President and Prime Minster of the UAE and Ruler of Dubai.

Spearheaded by COMESA’s Regional Investment Agency – the investment promotion arm of COMESA – in partnership with Dubai Chamber of Commerce & Industry, this year’s forum is entitled ‘Dubai to Africa – Unlocking the Markets of the Future’. With strong interest already having been generated by the event, over 800 regional, global and African business leaders are expected to participate to discuss about investment, finance, logistics and trade issues involving COMESA and Dubai.

Scheduled to take place on March 23-24, 2011, Dubai Chamber has stepped up preparations for the event by holding a meeting with Dubai Government’s COMESA Committee Members, in which they discussed their involvement in the forum and their plans to make it a success.

Presided over by HE Hamad Buamim, Director General of Dubai Chamber, the meeting was attended by representatives of The Ruler’s Court, the Department of Economic Development, the Roads & Transport Authority (RTA), Dubai Police, the General Directorate of Residency and Foreigners Affairs-Dubai and The Media office-Government of Dubai.

COMESA Regional Investment Agency was established with an aim of driving Foreign Direct Investment or FDI into Africa’s largest economic block. Having successfully launched its Custom Union in 2009, COMESA continues on the road of regional integration by supporting the continuous creation of better investment conditions, making it an increasingly internationally competitive economic community. And following the recent financial crisis and fundamental shifts in global economic power, COMESA is today a strong and attractive destination for investment with its growing and diversifying economies.

Dubai Chamber’s Director General said the staging of an event of this significance in Dubai is a key pillar in the Chamber’s strategy of reaching out to the new markets of Africa. It also serves to showcase how Dubai’s strength as an international business hub can be leveraged for the benefit of all parties concerned.

In order to highlight such matters, panel discussions such as ‘COMESA-Dubai: The New Business Partnership’ and ‘Dubai – A Gateway for Trade in Africa’ are to be conducted as part of the two-day forum.

“Dubai is ideally located to serve as a strategic international hub for business in and out of the COMESA region, hence the decision to hold the event here, where we can further showcase and reinforce that position, and also encourage investment into the region by addressing issues that are critical for local and international business,” Buamim explained.

“Furthermore, there is tremendous scope for COMESA members to benefit from Dubai business community’s wide and extensive experience in areas that are critical to the 19 member countries such as infrastructure development, agriculture, roadways and railways, logistics and supply chain management, aviation, and finance and banking.

”We will endeavour to identify the frameworks needed to enable growth and build a favourable business climate in the COMESA region and Africa by means of greater cooperation and complete regional integration. We also hope to take major strides in the development of a comprehensive set of regulatory reforms that will enable Dubai businesses to consolidate their trade ties with member countries mainly from the South and East Africa regions,” he added.

COMESA, being the largest economic block in Africa, holds the key to the economic development of the region. It is expected to exceed the size of its market of 500 million consumers by the year 2015, and is all set to lead to higher and sustainable levels of economic growth that will provide unparalleled opportunities for investors from all over the world.

The 4th COMESA Investment Forum is specifically designed to promote dialogue and action between investors, business leaders and senior policy makers, to create the necessary framework and drive investment opportunities and growth in COMESA and Africa.

To deliver the opening remarks at the event are H.E. Sultan Al Mansouri, UAE Minister of Economy; Sindiso Ngwenya, COMESA Secretary General; H.E. Abdulrahman Saif Al Ghurair, Chairman, Dubai Chamber of Commerce & Industry, UAE; and Hon. Minister Jabulile Mashwama, Swaziland Minister of Industry & Trade and Chairperson of COMESA Council of Ministers.

In the succeeding sessions, some of the speakers include Dr Mahmoud Mohieldin Managing Director, World Bank; H.E. Sheikha Lubna Al Qassimi, UAE Minister of Foreign Trade; Usman Ahmed, Managing Director, Corporate Banking, Barclays Africa; Sameer Al Ansari, CEO, SHUAA Capital, UAE; Lazarus A. Angbazo, President & CEO, GE East, Central & West Africa; Amadou Diallo, CEO of Africa & South Asia Pacific, DHL Global Forwarding, Africa; Giulia Di Tommaso, Director of External Affairs for Africa, Middle East and Turkey, Unilever; Ashish Thakkar, CEO, Mara Group, Uganda; Hon. Minister Welshman Ncube, Minister of Industry and Commerce, Zimbabwe; Hon. Peter Sinon, Minister of Investment, Natural Resources & Industry of Seychelles; and Nicholas Nesbitt, CEO, Kencall.

Dubai Chamber

Established in 1965, the Dubai Chamber of Commerce & Industry is a non-profit public entity, whose mission is to represent, support and protect the interests of the business community in Dubai by creating a favorable business environment, supporting the development of business, and by promoting Dubai as an international business hub

COMESA

COMESA’s member states include: Burundi, Comoros, D.R. Congo, Djibouti, Egypt, Eritrea, Ethiopia, Kenya, Libya, Madagascar, Malawi, Mauritius, Rwanda, Seychelles, Sudan, Swaziland, Uganda, Zambia and Zimbabwe. It is Africa’s largest economic block comprising a total of nineteen countries, with a population of over 430 million, and a combined GDP of over USD 447 Billion. Having successfully launched its Custom Union in 2009, COMESA continues on the road of regional integration by supporting the continuous creation of better investment conditions, making it an increasingly internationally competitive economic community.

For further inquiries, please contact:
DUBAI CHAMBER:
Ruba Abdul Halim
Public Relations and Corporate Communication Manager
Tel : +971 4 2028450
Email: Ruba.halim@dubaichamber.com
Mohamad Mouzehem
Media & Corporate Communication Executive
Tel: +971 4 2028537
Email: Mohamad.mouzehem@dubaichamber.com
ACTION UAE:
PO Box 20970, Dubai, United Arab Emirates
Asala Faddah
Tel: +9714 390 1762; Mob: +971 50 9555076
Email: asala.f@actionprgroup.com
Albert Alba
Tel: +9714 3902972; +97150 8498642
Email: albert.a@actionprgroup.com

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Sunridge Gold Reports More High-Grade Copper Drill Results From Asmara, Eritrea

Sunridge Gold Reports More High-Grade Copper Drill Results From Asmara, Eritrea

Sunridge Gold Corp. (SGC/TSX.V) is pleased to provide results from newly received assays from ten diamond drill holes from the company’s Debarwa copper-gold-zinc deposit located on the Asmara Project, Eritrea. The drill results from the current program (along with results from 35 drill holes completed in late 2009) will be used to update the resource estimate for Debarwa which is scheduled to be completed in March 2011 as part of the ongoing Debarwa feasibility study. Approximately fifty diamond drill holes have been completed to date in this current phase of drilling and approximately five more are planned before completion of this phase of work.

Highlights from these latest drilling results are as follows:

  • DEBD-130 – 31.85 m of 5.72 % Cu & 2.13 g/t Au, including 6.00 m of 17.99% Cu
  • DEBD-131 – 9.29 m of 11% Cu & 4.19 g/t Au
  • DEBD-132 – 13.45 m of 16.22% Cu & 3.22 g/t Au, including 5.00 m of 17.24% Cu & 3.3m of 26.04% Cu
  • DEBD-133 – 16.70 m of 14.9% Cu & 2.15 g/t Au
  • DEBD-135 – 25.45 m of 11.22% Cu & 1.75 g/t Au
  • DEBD-136 – 11.45 m of 4.1% Cu & 2.18 g/t Au
  • DEBD-138 – 16.50 m of 3.66 % Cu & 7.15 % Zn (Primary Zone)
  • DEBD-139 – 4.50 m of 2.04 % Cu & 11.8 % Zn (Primary Zone)

The purpose of the ongoing diamond drill program at Debarwa is to better define and extend both laterally and at depth all zones of copper, gold and zinc mineralization as part of the ongoing Debarwa feasibility study that started in November 2010.

The first six shallow holes DEBD-130 to DEBD-133, DEBD-135 and DEBD-136 were designed to intersect the surface outcropping gold-rich oxide zone and/or the copper-enriched supergene zone which lies immediately beneath.

Within the supergene zone there exists a particularly high-grade copper zone, with grades greater than 15% copper; this zone is known as the “Direct Shipping Ore” or DSO zone. Four holes DEBD-134 and DEBD-137 to DEBD-139 were drilled deeper to intersect the primary zone of copper-zinc-gold mineralization.

The results of these new assays continue to confirm the high-grade copper grades in the supergene and DSO zones and the deeper holes have both confirmed and extended the depth of the primary zone of copper-zinc-gold mineralization at Debarwa.

As well as better definitions and extensions of the mineralized zones the purpose of the current Debarwa drilling program is to capture structural data from the oriented drill core and to gather more samples for ongoing metallurgical test work.

A summary of the assay results from these ten drill holes are as follows (click on image):

NOTE: See plan map at the end of this release and on the Company’s website – www.sunridgegold.com. There were no significant assays from drill hole DEBD-134.

The Debarwa Feasibility Study

The Debarwa feasibility study will consider a standalone process plant using flotation for the recovery of the base and precious metals and will study various mining options over a forecast life of mine of approximately 9 years. The study will further investigate a direct shipping option to mine high-grade copper mineralization (greater than 15% copper) to generate early cash flow and enhance economics of the deposit. The completion of this report is expected in the third quarter of 2011.

NOTES:

  1. A Quality Assurance/Quality Control program was part of the sampling program on the Debarwa copper-zinc-gold deposit. This program includes chain of custody protocols as well as systematic submittals of standards, duplicates and blank samples into the flow of samples produced by the sampling.
  2. Samples were prepared at African Horn Testing Services (Eritrea) and analyzed at Genalysis Laboratories (a NATA registered laboratory) in Perth, Western Australia.
  3. The results of the Debarwa drill program have been reviewed by Michael J. Hopley the Qualified Person for Sunridge. Mr. Hopley is also the person responsible for preparation of the technical information contained in this news release and is President and CEO of Sunridge.

ABOUT SUNRIDGE:

Sunridge is a mineral exploration and development company focused on the acquisition, exploration, discovery and development of base and precious metal projects on the Asmara Project in Eritrea and exploration properties in Madagascar. Sunridge currently has approximately 117 million shares outstanding and approximately $25 million in cash. Sunridge trades on the TSX Venture Exchange under the symbol SGC. For additional information on the Company and its projects please view the slide show on our website at www.sunridgegold.com or call Greg Davis at the numbers listed below.

SUNRIDGE GOLD CORP.

“Michael Hopley”
Michael Hopley, President and Chief Executive Officer
For further information contact:
Greg Davis, VP Business Development
Email: greg@sunridgegold.com
Tel: 604-688-1263 (direct)

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release contains forward-looking statements that are based on the Company’s current expectations and estimates. Forward-looking statements are frequently characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate”, “suggest”, “indicate” and other similar words or statements that certain events or conditions “may” or “will” occur. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause actual events or results to differ materially from estimated or anticipated events or results implied or expressed in such forward-looking statements. Such factors include, among others: the actual results of current exploration activities; conclusions of economic evaluations; changes in project parameters as plans to continue to be refined; possible variations in ore grade or recovery rates; accidents, labour disputes and other risks of the mining industry; delays in obtaining governmental approvals or financing; and fluctuations in metal prices. There may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise. Forward-looking statements are not guarantees of future performance and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein.


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Nile Basin Discourse to Open South Sudan Office

Nile Basin Discourse to Open South Sudan Office

Based on the recent news, South Sudan is set to secede with a 99.57 percent vote. For NBD, this means that we have to prepare ourselves to amend our constitution and start the preparatory work of opening an office in Southern Sudan. Our Board has expressed their support and commitment to the establishment of another office in Southern Sudan.

To foster Nile Cooperation it is imperative that Southern Sudan is brought on board as soon as possible, as one of the Nile Basin riparian countries. There is much gained by involving all the riparian countries in the Nile Cooperation Programmes and Processes. A link that has its roots in the community at the national level is critical to the success of all NBD Programmes and Interventions.

NBD is a powerful civil society force and voice that positively influences Nile Cooperation programmes and processes. More support from development partners to enable us to effectively discharge our mandate, in relation to Southern Sudan, will be highly appreciated.

Opening up an office in Southern Sudan enables NBD to improve service delivery. Best value requires NBD to provide services that are cost effective, of a good quality and meet the demands of the local community.

NBD embraces the current opportunity and will utilize it to raise public consciousness and encourage debate on Nile Cooperation issues, enhance education and lifelong learning for all members of the community and explore potential socio-political, economic, environmental and cultural benefits of cooperation.

ABOUT NBD

NBD Vision

Nile Basin Discourse’s (NBD) vision is of a Nile Basin where there is sustainable social and economic development for all peoples of the Nile Basin, free of conflict, leading to achievement of justice, human rights, good governance, poverty eradication and protection of the environment.

NBD Mission

NBD transforms lives by ensuring that a fully informed and basin-wide civil society develops and plays a key role in achieving the vision, through pro-active and critical influencing of projects, programmes and policies of the Nile Basin Initiative and other development processes.

What NBD Does

NBD enables the civil society organizations working on Nile Basin Cooperation and Development issues to add value to the inter-governmental programmes and processes. NBD is a network of civil society organizations with its secretariat base in Entebbe, Uganda. NBD works with national partners, its membership understand national issues, and provide NBD with the skills and support to help it set up and manage practical and sustainable projects that meet the real needs of the communities. The national members are the National Discourse Forums in the ten riparian states (Burundi, DRC, Egypt, Eritrea, Ethiopia, Kenya, Rwanda, Sudan, Tanzania and Uganda). NBD also works regionally and internationally to change policy and practice and ensure that issues of Nile Cooperation and Development are brought to fore and play a vital role in reducing poverty in the Nile Basin.

Together with a growing number of development NGOs, NBD is committed to carrying out advocacy work in order to maximize the impact of its programme activities and to meet regional Nile Cooperation and Development needs. NBD therefore aims to influence the policies and practice of the main decision-makers, donors and public, to gain their commitment to Cooperation and Development of the Nile Basin.

For further information Please contact:
Davis J. Weddi Communication Of?cer
dweddi@nilebasindiscourse.org
www.nilebasindiscourse.org

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Nevsun Resources Ltd.: Bisha Commissioning and Resource Expansion on Track

Nevsun Resources Ltd.: Bisha Commissioning and Resource Expansion on Track

VANCOUVER, BC – Nevsun Resources Ltd. (TSX:NSU)(NYSE Amex:NSU) is pleased to advise the Bisha Mine commissioning is progressing as planned and its resource expansion program is well under way.

Nevsun’s President Cliff Davis states, “We are very pleased with the commissioning program to date. As the plant moves into steady state operations, we continue to increase feed grade to the mills as gold recovery is at or above schedule. Thanks to the hard work of the Bisha team, their contractors and the continued support from the State of Eritrea , we are on track to be a mid-tier gold producer by the end of this quarter.”

Bisha Resource and Reserve Expansion Program

The 2011 Resource and Reserve Expansion Program for Bisha is expected to increase mine life and enable throughout expansion. The program includes drilling incremental resources and increasing the classification of existing resources.

“In addition to achieving commercial gold production this quarter, our second major objective for the year is to expand Bisha’s reserves and resources,” states Davis. “Through infill drilling and updated resource models, we expect significant increases to our copper, gold, and zinc reserves, in addition to expanding the total resource base through in-pit, step-out and satellite deposit drilling.”

The program aims to expand resources and reserves in four ways:

  • Resource and reserve restatement with recent metals pricing – end Q1 2011
  • Drilling satellite deposit Harena – drill results in February 2011; resource statement in end Q1 2011
  • Drilling Hangingwall Copper adjacent to Bisha pit – drill results in Q2; resource statement by end of Q4 2011
  • Infill drilling deep primary sulphide material under Bisha Main pit – drilling in Q2; resource statement by end of Q4 2011

The first new resource and reserve statement for Bisha is expected late this quarter, incorporating more recent metals pricing and other updated mine plans than the previous 2006 estimates. Later in 2011, subject to drill results, the Company expects a second increase to Bisha’s resource and reserves by including results from the Hangingwall Copper and its infill deep drilling at Bisha Main.

The Harena drilling program concluded just before the holidays in December 2010, after 2,449m of diamond drilling. Assays are due in February, with the objective of generating an incremental resource statement and applying for a mining license later this year so the oxide gold material can be co-processed with Bisha Main’s ore.

The program to drill the Hangingwall Copper has commenced with two drills mobilizing to site. The program is budgeted for up to 12,000m over three months. After this program, the drills will move to Bisha Main, where deep drilling will commence. The program is budgeted for 14,000m of drilling, to infill drill the Bisha Main pit resources to 450m, with the objective of increasing the classification and quantity of resources.

Forward-Looking Statements: The above contains forward-looking statements concerning development progress, planned exploration and development drilling and potential resource re-statements. Forward-looking statements are frequently, but not always, identified by words such as “expects”, “anticipates”, “believes”, “intends”, “estimates”, “potential”, “possible” and similar expressions, or statements that events, conditions or results “will”, “may”, “could” or “should” occur or be achieved. Forward-looking statements are statements about the future and are inherently uncertain, and actual achievements of the Company or other future events or conditions may differ materially from those reflected in the forward-looking statements due to a variety of risks, uncertainties and other factors, including, without limitation, those described in the Management Discussion and Analysis of the Company. The Company’s forward-looking statements are based on the beliefs, expectations and opinions of management on the date the statements are made and the Company assumes no obligation to update such forward-looking statements in the future. For the reasons set forth above, investors should not place undue reliance on forward-looking statements.

NEVSUN RESOURCES LTD.

Cliff T. Davis, President & Chief Executive Office

A detailed stock quote on TSX: NSU can be found here.

For Investor Relations Contact:
kin communications inc.
tel. 604.684.6730 | tf. 1.866.684.6730 | fax. 604.684.6740 ir@kincommunications.com | www.kincommunications.com
suite # 210 – 736 granville street, vancouver, bc V6Z 1G3
To ensure you are receiving our emails please add ir@kincommunications.com to your address book.

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Eritrea: Milestone-First Gold Pour at Bisha

Eritrea: Milestone-First Gold Pour at Bisha

VANCOUVER, BRITISH COLUMBIA — Nevsun Resources Ltd. (TSX:NSU)(NYSE Amex:NSU) is pleased to announce its successful first gold pour at the Bisha Gold Mine during late December. The first pour was part of the plant commissioning process and rendered two dore bars totaling 26 kilograms (approx. 920 ounces).

President Cliff Davis stated, “Nevsun’s first gold pour is a tremendous achievement that has been accomplished by a team of outstanding professionals on the ground in Eritrea and with the continued support of the Eritrean Government. It gives me great pleasure to say we are on time, under budget, and will considerably further the country’s development with the realization of Eritrea’s first modern day mine. In the face of difficult capital markets during 2008/2009 and other obstacles overcome in 2010, we are proud of this significant accomplishment. We look forward to substantially growing Bisha in the coming months, in terms of reserves and throughput. This success should be a good indicator of our strategic capability in the future.”

Over the next few months, plant commissioning will continue to test, troubleshoot, and rectify any issues that arise. Nevsun anticipates the ramp up to full commercial production during the course of Q1 2011.

Forward Looking Statements: The above contains forward-looking statements concerning development progress, planned mine output and project economics. Forward-looking statements are frequently, but not always, identified by words such as “expects,” “anticipates,” “believes,” “intends,” “estimates,” “potential,” “possible” and similar expressions, or statements that events, conditions or results “will,” “may,” “could” or “should” occur or be achieved. Forward-looking statements are statements about the future and are inherently uncertain, and actual achievements of the Company or other future events or conditions may differ materially from those reflected in the forward-looking statements due to a variety of risks, uncertainties and other factors, including, without limitation, those described in the Management Discussion and Analysis of the Company. The Company’s forward-looking statements are based on the beliefs, expectations and opinions of management on the date the statements are made and the Company assumes no obligation to update such forward-looking statements in the future. For the reasons set forth above, investors should not place undue reliance on forward-looking statements.

NEVSUN RESOURCES LTD.

Cliff T. Davis
President & Chief Executive Officer
For further information, please contact:
Kin Communications
Tel: 604 684 6730
Toll free 1 866 684 6730
Email: ir@kincommunications.com
Website: www.nevsun.com

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Akordat Electromagnetic Geophysical Survey

Akordat Electromagnetic Geophysical Survey

London Africa Limited is pleased to announce that it has signed an agreement with Geotech Airborne Limited (Geotech) for a Helicopter-borne Time Domain Electromagnetic Geophysical Survey with a Bfield-VTEM system and Radiometrics.

The survey (anticipated to take place before March 2011) will cover the northern half of the Company’s exploration licence in Akordat – Orota region of central Eritrea. Survey parameters are 3,951 line km’s on a 200m line spacing.

For more information please visit Londonafrica

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Sunridge Gold Raises Ten Million Dollar

Sunridge Gold Raises Ten Million Dollar

Sunridge Gold Corp. (SGC/TSX.V) (the “Company”) has issued 20,000,000 common shares and 10,000,000 common share purchase warrants (“Warrants”) to raise gross proceeds of $10,000,000 pursuant to a non-brokered private placement announced September 24, 2010.

The Company is pleased to acknowledge the continued support and participation of Lundin Mining Corporation (“Lundin”) in this private placement as Lundin exercised its pre-emptive rights and acquired 2,255,728 units.

Each Warrant entitles the holder thereof to purchase one common share in the capital of the Company at a price of $0.75 until October 26, 2012.

The common shares issued, and any common shares issued pursuant to the exercise of Warrants prior to February 27, 2011, are restricted from trading until February 27, 2011.

The Company paid finder’s fees to persons who introduced it to private placement investors consisting of $422,800 cash and 467,800 common shares and 158,900 Warrants.

The securities offered have not been registered under the U.S. Securities Act of 1933, as amended, or any state securities laws, and may not be offered or sold in the United States absent registration or an exemption from the registration requirements.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

ABOUT SUNRIDGE:

Sunridge is a mineral exploration and development company focused on the acquisition, exploration, discovery and development of base and precious metal projects on the Asmara Project in Eritrea and exploration properties in Madagascar. Upon the close of the private placement announced on October 14, 2010, Sunridge will have approximately 115 million shares outstanding with $30.5 million in cash. Sunridge trades on the TSX Venture Exchange under the symbol SGC.

The proceeds of the financings will be used to fund the Company’s work programs at the Asmara Project in Eritrea, exploration work at the Besakoa Project in Madagascar and for general corporate purposes. Work programs at the Asmara Project in Eritrea will include a full feasibility study for the Debarwa high-grade copper-gold deposit, a pre-feasibility study for the combined Emba Derho, Adi Nefas, Gupo and Debarwa deposits, for drill programs at the Gupo Gold and Medrizien gold projects.

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