Essel (EGME) Targets Potash Licence in Eritrea

By MiningWeekly, Essel Group India subsidiary, Essel Group Middle East (EGME) has continued its expansion into the African mining sector through the acquisition of Canadian company NGEx Resources’ Bada potash exploration licence, in Eritrea. The company aimed to start the first phase of drilling at the little-explored 736 km2 mining area located in the Danakil […]

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NGEx Sells Hambok Project in Eritrea to Bisha Mining Share Company

Money from the sale of its Mogoraib Exploration license will enable NGEx Resources to develop its remaining deposit in Kerkebet BY NEVSUN Nevsun Resources Ltd. (TSX: NSU / NYSE MKT: NSU) (“Nevsun”) is pleased to announce that the Bisha Mining Share Company (“Bisha”), a 60% owned subsidiary of Nevsun, has entered into an agreement (the “Agreement”) […]

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Namibian Copper Acquires two Advanced Stage Exploration Projects in Eritrea

By Proactive Investors, An Austarialian mining company, Namibian Copper (ASX: NCO), has acquired two prime, advanced stage exploration projects that include Mogoraib River / Hambok project and Kerkebet Exploration Licences . Mogoraib River is located immediately along strike and to the south of the Bisha gold and copper mine. Kerkebet River contains a new high grade gold discovery […]

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