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Tag Archives: Asmara

Nevsun Announces Q3 Gold Production of 98,000 Ounces

Nevsun Announces Q3 Gold Production of 98,000 Ounces

Q3 2012 HIGHLIGHTS Produced 98,000 ounces of gold in Q3 2012 (267,000 ounces year-to-date) Mined 316,000 tonnes at 5.21 g/t gold Harena pre-stripping complete; ore production to start in October… Read more »

Back to the old classical rides

Back to the old classical rides

By Billion Temesghen Giovanni Agnelli founded F.I.A.T. in 1899 (changed to upper- and lower-case Fiat in 1906) with several investors and led the company until his death in 1945, while… Read more »

Chalice completes sale of Zara Gold Project to China SFECO Group and ENAMCO for US$114M

Chalice completes sale of Zara Gold Project to China SFECO Group and ENAMCO for US$114M

Chalice 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… Read more »

Chalice Gold Mines Presentation to Africa Down Under Conference

Chalice Gold Mines Presentation to Africa Down Under Conference

Chalice advises that Dr Doug Jones, Managing Director, presented to the Africa Down Under Conference yesterday afternoon. The presentation can be viewed here: Presentation to 2012 Africa Down Under Conference.

President opens Eritrean Investment Conference

President opens Eritrean Investment Conference

Asmara, 27 August 2012 – President Isaias Afwerki today opened the Eritrean Investment Conference at Asmara Palace Hotel.In a speech he delivered at the conference held under the theme “Popular… Read more »

Chalice Gold Mines: Sale of Zara Project to China SFECO Group

Chalice Gold Mines: Sale of Zara Project to China SFECO Group

Chalice Gold Mines Limited (ASX: CHN; TSX: CXN) is pleased to advise that China SFECO Group (“SFECO”), the purchaser of Chalice’s 60 per cent interest in the Zara Project, has… Read more »

African aviation demand to soar

African aviation demand to soar

Africa’s long-term economic potential is strong. Over the next two decades, Africa’s economy is forecasted to grow faster than the world average, driven largely by demand for natural resources, including… Read more »

Chalice Gold Mines agrees to one-month extension to facilitate Chinese accusition approvals

Chalice Gold Mines agrees to one-month extension to facilitate Chinese accusition approvals

Chalice Gold Mines Limited (ASX: CHN; TSX: CXN) advises that is has agreed to a request from China SFECO Group (“SFECO”) to extend the date for the satisfaction of conditions… Read more »

Nevsun Resources: Increased base metals reserves at Bisha Mine in Eritrea

Nevsun Resources: Increased base metals reserves at Bisha Mine in Eritrea

VANCOUVER, BC - Nevsun Resources Ltd. (TSX:NSU)(NYSE MKT:NSU) HIGHLIGHTS 4.09% copper grade in supergene ore reserves estimate 6.33% zinc grade in primary ore reserves estimate Total contained copper in probable… Read more »

Ice rain and wet weather in Asmara

Ice rain and wet weather in Asmara

Asmara, 18 July 2012 – Heavy rainfall accompanied with ice was witnessed today in Asmara city and surrounding areas. The heavy rain gauged 62 mm, according to a report by… Read more »