Sunridge prefeas concludes Debarwa could be standalone mine

TSX-V-listed Sunridge Gold on Monday reported its Debarwa volcanogenic-massive-sulphide (VMS) copper/gold/zinc deposit, part of the Asmara project, in Eritrea, could be a standalone economically feasible mine. Earlier this month, Sunridge...

Prefeas gives Sunridge's Ertirea project $555m NPV

TSX-V- and ASX-quoted Sunridge Gold’s Asmara project in Eritrea has the potential to produce 25 900 t of copper and 61 800 t of zinc yearly, in addition to silver and gold, the company said on Wednesday, announcing the results of a...

Nevsun sees no direct impact from Eritrea sanctions

Gold miner Nevsun Resources on Tuesday said there would be no direct impact on its operations in Eritrea, following the United Nations Security Council (UNSC) tightening two-year-old sanctions against the State this week, following a UN-report...

UN council waters down Eritrea sanctions resolution

A resolution tightening sanctions on Eritrea, expected to be passed by the UN Security Council next week, has been watered down and no longer bans investment in the country's promising mining sector. In an unusual arrangement, Eritrean President...

Company Announcement: High Grade Gold Intercepts at Zara Project

Additional high-grade mineralisation intersected at Koka South: New zone identified at Debra Konate

AngloGold and JV partner to accelerate exploration in Egypt

South Africa-based AngloGold Ashanti and its joint-venture (JV) partner plan to accelerate gold exploration activity at the Hodine concession, in Egypt, the gold major said on Wednesday. The company is exploring for gold in the Middle East and...

Eritrea’s Bisha gold-mining project advancing as planned

Canadian gold miner Nevsun says that its flagship project in Eritrea, the Bisha venture, is progressing as planned with commissioning and that its resource expansion programme is well under way.

Sunridge upbeat about Madagascar exploration programme

Junior mining company Sunridge Gold has seen encouraging results from the initial exploration programme on its gold/copper/zinc Besakoa project, in south central Madagascar.

Eritrea gold mine to start commercial production early next year

Canadian miner Nevsun Resources’ large precious and base metal-rich volcanogenic massive sulphide (VMS) deposit, located 150 km west of Asmara, Eritrea, East Africa is expected to reach commercial production during the first quarter of 2011....

Mining junior launches exploration programme at Madagascar prospect

As part of its exploration and expansion programme junior miner Sunridge Gold has announced that another initial exploration programme has started at the Besakoa gold/copper/zinc volcanogenic-massive sulphide (VMS) project in south central...

Canadian explorer granted extensions to 
exploration tenements in Eritrea

The Eritrean government has granted Canadian-explorer Sunridge Gold extensions to two of its exploration licenses that make-up the company’s Asmara project in Eritrea.

Gold exploration potential 
in Eritrea upgraded

Global gold company Chalice Gold Mines has upgraded the regional exploration potential at its 80%-owned 944 000-oz Zara gold project, in Eritrea, East Africa, after completing the first phase of a regional exploration programme.