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Tag Archives: mining

Largest Copper shipment leaves Massawa, Eritrea

Largest Copper shipment leaves Massawa, Eritrea

Norwegian registered bulk vessel Supramax M.V. Spar Gemini departed Massawa, Eritrea with 34,264 MT Bisha Mine Copper Concentrates, according to company sources. This is the largest shipment to date being loaded on approximately… Read more »

South Boulder Mines appoints potash drilling contractor for Colluli

South Boulder Mines appoints potash drilling contractor for Colluli

Proactive Investors – South Boulder Mines’ (ASX:STB) shares are expected to once again firm after appointing GED to conduct geotechnical and hydro-geological drilling at its Colluli potash deposit in Eritrea,… 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 »

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 »

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 »

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 »

Nevsun releases Corporate Social Responsibility report

Nevsun releases Corporate Social Responsibility report

Vancouver, BC – Nevsun Resources Ltd. (TSX: NSU / NYSE MKT: NSU) (Nevsun or the Company) is pleased to announce the release of its 2013 Corporate Social Responsibility (CSR) Report…. Read more »

Real GDP weakened by decline in gold price, output and remittances

Real GDP weakened by decline in gold price, output and remittances

The African Development Bank Group (AfDB) has published  the East Africa Quarterly Bulletin for quarter four 2013. The study is produced by the AfDB’s country economists and country program officers… Read more »

Nevsun Resources: Think Zinc

Nevsun Resources: Think Zinc

Investment and research platform Seeking Alpha, which covers a broad range of stocks, asset classes, ETFs and advises on investment strategy, featured Nevsun Resources in one of its latest articles. Summary… Read more »

Eric Coffin’s recommendation of Sunridge Gold

Eric Coffin’s recommendation of Sunridge Gold

Sunridge Gold is not a gold company. While the first phase of production envisaged for its Asmara project in Eritrea would have a large gold component it’s really a base… Read more »