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...

Company Announcement: Metallurgical drilling commences at Colluli Potash Project

South Boulder Mines Ltd is pleased to advise that it has commenced a new program of metallurgical drilling at its flagship Colluli Potash Project in Eritrea in another key step towards completion of the Definitive Feasibility Study.

Company Announcement: Chalice Gold Mines - Enters into joint venture with ENAMCO

Chalice Gold Mines Limited advises that it has agreed to enter into a joint venture with the Eritrean National Mining Corporation in relation to its Mogoraib North and Hurum Projects in Eritrea

Colluli potash project, Eritrea

South Boulder Mines has announced the appointment of key consultants to complete the definitive feasibility study at the Colluli project.

Ultrafiltration technology used at new water treatment plant

Ultrafiltration membrane technology will be used at a new water treatment plant for minerals exploration and development company African Minerals’ Tonkolili iron-ore mine, in Sierra Leone, West Africa, reports water treatment engineering company...

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...

Company Announcement: More shallow high-grade potash found at Colluli

South Boulder Mines Ltd is pleased to announce that recent resource extension diamond drilling has intersected more high-grade shallow potash in between the two existing resource zones at the Colluli Project in Eritrea.

Colluli resource hits 1bn ton

ASX-listed South Boulder Mines has reported an 85% increase in its resource estimate for its flagship Colluli potash project, in Eritrea, taking the resource to more than one-billion tons. South Boulder said on Monday that the expanded resource...

Nevsun reports strong Q1 production

TSX-listed Nevsun Resources on Wednesday reported strong first-quarter production results with 82 000 oz of gold produced during the period ended March 31. The company said gold output from its Bisha mine, in Eritrea, was above expectations on...

African Barrick Gold sees deal options in 2012

African Barrick Gold (ABG) sees increased opportunities for deals in Africa as asset prices ease and potential sellers begin to consider their options in the face of a still-uncertain economic outlook, the mining company said on Tuesday. ABG, a...

Now Nevsun to 'vigorously' fight class action suits

It has become a recurring theme in the North American gold sector this quarter: report operational setbacks, announce large impairments as a result, and wait for the class action law firms to swoop. Nevsun Resources, which mines gold in Eritrea,...

Nevsun posts $78m profit for Dec quarter

Nevsun Resources, which owns the Bisha gold mine in Eritrea, made $78.3-million in net after-tax earnings in the last three months of 2011, about 12% lower than the previous quarter’s profit, as output and prices shrunk. The company produced...