Welcome to BNA company!

No. 1688, Gaoke East Road,Shanghai, China.

Call us anytime

0086-21-58386256

Opeening Time

Mon-Sat: 8.30-18.00

Sunridge Gold | .:TesfaNews:.

By Matthew Hill, 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 prefeasibility study.. At a 10% discount rate, the project has a $555-million pretax net present value, will cost $489-million to build, and ...

Sunridge Gold Corp. SGC:TSX.V; SGCNF:OTCQX

Sunridge Gold Corp. is currently developing the copper-zinc-gold Asmara project in Eritrea, East Africa. Successful exploration has defined six NI 43-101 deposits to date. A feasibility study completed in 2013 on the four advanced projects at the Asmara project demonstrated very strong economics, including an NPV (10%) of $692M and IRR of 34%.

Sunridge Gold Corporation Poised to Become Eritrea's Next ...

Much of the political risk of investing in Eritrea has been removed by the combination of Nevsun Resources' success and the involvement of the Government of Eritrea as a significant partner in any given project. Beacon Securities Ltd. consider Sunridge Gold as an attractive investment and a re-rating of the company would be held as soon as the major catalysts like permits and financing are ...

A Great Time to Invest on Sunridge Gold Eritrea: Gold ...

Brien Lundin, editor of Gold Newsletter, recently put out a new recommendation on Sunridge Gold Corp. in his August 2014 newsletter to subscribers. SUNRIDGE Gold has four advanced projects organized within its Asmara project in Eritrea and, in an interesting twist, the company has combined all four into one feasibility study.

Chinese firm buys mining project - Economist Intelligence Unit

Analysis. AMSC is an economically significant company in Eritrea. It owns a multi-product mining project, consisting of four advanced concessions and two exploration deposits, within 25 km of the capital, Asmara. The deal with SRBM comes within weeks of AMSC receiving mining licences for its advanced sites, with plans to bring the first ...

Sunridge is now good to go at its Asmara VMS Project in ...

Sunridge is now good to go at its Asmara VMS Project in Eritrea. It's been a very active decade filled with milestones for Sunridge Gold, and now following the September signing of a ...

Mining and Exploration Activities in Eritrea | hornofafrica.de

STB Eritrea Pty. Ltd.(STB) is a subsidiary of South Boulder Mines Ltd., a junior Australian exploration company and is successfully promoting the potash resources of Colluli in Danakil area. Fortunately for the company, in a short period of time, it has delineated two independent ore bodies that contain significant amount of potash at shallow ...

Sunridge Gold lands mining licences for Asmara ... - Madote

Asmara is forecast to start commercial mining operations in the third quarter of 2016 By Proactiveinvestors Shares in Sunridge Gold Corp (CVE:SGC) advanced after it secured three key mining licences in Eritrea for the Asmara project.

Sunridge Gold Corp. : Quotes, Address, Contact

Sunridge Gold Corp. (SGC-TSX-V) is a junior company that has successfully defined four independently estimated 43-101 mineral deposits on the Asmara Project, Eritrea in East Africa. A positive scoping study on the large Emba Derho copper-zinc-gold deposit was completed in June 2009.

Sunridge in Eritrea: Gold Rush or Gold Rash? - Awate.com

Sunridge has not provided development and production cost for its operation in Eritrea. It only provided on site operating costs of $29.42 per tonne average through the life of the mine and the average annual metal production over the first 8 …

Sunridge Gold files technical report for Gupo gold ...

Sunridge Gold Corp. (SGC:TSX.V/SGCNF:OTCQX) has today filed a National Instrument 43-101 compliant technical report regarding the new resource estimate for …

Sunridge Gold unveils Eritrea drilling updates | EastAFRO.com

Sunridge Gold (CVE:SGC)(OTCQX:SGCNF) Tuesday announced assay results from its drilling programs at the Gupo gold deposit in Eritrea, East Africa and from the Besakoa project in Madagascar. The mineral exploration and development company said assay results from an additional 20 drill holes from a recently completed reverse circulation drill program at the Gupo gold deposit …

Sunridge in Eritrea: Gold Rush or Gold Rash? - Awate.com

Sunridge has not provided development and production cost for its operation in Eritrea. It only provided on site operating costs of $29.42 per tonne …

Sunridge Receives Final Payments for Asmara Project, Eritrea

Bloomberg the Company & Its Products The Company & its Products Bloomberg Terminal Demo Request Bloomberg Anywhere Remote Login Bloomberg Anywhere Login Bloomberg Customer Support Customer Support

Sunridge Gold rises as much as 20% on deal with state ...

Sunridge Gold Corp (CVE:SGC) (OTCQX:SGCNF) shares were jumping Wednesday, rising as much as 20% after reporting yesterday what it called the...

Sunridge Gold signs binding agreement for Asmara …

Sunridge Gold signs binding agreement for Asmara project in Eritrea. Mineral exploration and development company Sunridge Gold has signed a binding agreement with Eritrea National Mining (ENAMCO) over ENAMCO's participation in its Asmara project. The Asmara project covers 600km² in central Eritrea, immediately to the north, south and west of ...

Chinese firm buys mining project - Economist Intelligence …

Analysis. AMSC is an economically significant company in Eritrea. It owns a multi-product mining project, consisting of four advanced concessions and two exploration deposits, within 25 km of the capital, Asmara. The deal with SRBM comes within weeks of AMSC receiving mining licences for its advanced sites, with plans to bring the first ...

Eritrea: Mining, Minerals and Fuel Resources

Eritrea, with a total population of 6,086,495 as of July 2012, is located in Eastern Africa, bordering the Red Sea, between Djibouti and Sudan. The country mostly has climatic conditions spreading from hot and dry desert type climates to a semiarid climate.

Inside Eritrea: Matthew J. Morgan has been to Eritrea and ...

Free Online Library: Inside Eritrea: Matthew J. Morgan has been to Eritrea and reports about a country that appears to have been forgotten by time. Unlike in neighbouring Somalia, where pirate activity has commanded the world's attention, there is scant interest in Eritrea's woes.(ERITREA) by "New African"; Business, international General interest Government Autonomy Military aspects …

Sunridge Contemplates Development for Asmara | E & MJ

Sunridge Gold, a Canadian junior company headquartered in Vancouver, has announced completion of a feasibility study for its Asmara copper-zinc-gold-silver project in Eritrea. The study contemplates three stages of development to mine four deposits—Emba Derho, Adi Nefas, Gupo Gold, and Debarwa—all located within 25 km (15 miles) of Eritrea ...

Eritrean National Mining Corp (Enamco) Intends to Acquire ...

Sunridge is pleased to announce that the Eritrean government through the Eritrean National Mining Corporation ("ENAMCO") has informed the Company that ENAMCO intends to acquire a 30% paid participating interest in the Company's Asmara Project in Eritrea. This 30% interest is in addition to ENAMCO's existing right to receive a 10% non-assessable interest that will be carried to …

Sunridge Gold Corp Company Profile / SGC.V

Its main asset in production is ASMARA in Eritrea, its main asset in development is DEBARWA in Eritrea and its main exploration property is BESAKOA in Madagascar. Sunridge Gold is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 35.7 millions as of today (US$ 28.9 millions, € 24.9 millions).

Gold Mining in Eritrea | INN - Investing News

Eritrea is part of the Arabian Nubian Shield, a relatively underexplored area that is known to host valuable minerals including gold, copper, zinc and potash. It was the knowledge that the Arabian ...

Eritrean Mining-Sunridge Gold Corp. | Skyscraper City Forum

Highlights Sunridge has drilled over 140,000 metres on the Asmara project since acquiring the project in 2003.The Asmara Project in Eritrea hosts four deposits, three of which, Emba Derho, Debarwa and AdiNefas, have combined TSX 43 …

Asmara Copper-Zinc-Gold-Silver Project - Mining Technology ...

The Asmara project is an advanced-stage, copper-zinc-gold-silver project located near Asmara, the capital city of Eritrea, Africa. The project encompasses four advanced deposits, namely Debarwa, Emba Derho, Adi Nefas and Gupo, and two pipeline deposits Adi Rassi and Kodadu. The feasibility study for the project was finished in May 2013 and the ...

Mining and Exploration Activities in Eritrea | ECSS ...

STB Eritrea Pty. Ltd.(STB) is a subsidiary of South Boulder Mines Ltd., a junior Australian exploration company and is successfully promoting the potash resources of Colluli in Danakil area. Fortunately for the company, in a short period of time, it has delineated two independent ore bodies that contain significant amount of potash at shallow ...

ERITREA : Copper and gold finds could end up breaking ...

As soon as Covid-19 restrictions are eased, allowing it to bring ex-patriates into Eritrea, British Islands-registered Alpha Exploration plans to start drilling on its southwestern Kerkasha permit, on whose peripheral Anagulu prospect it recently struck gold and copper. The junior wants to clarify existing data and test other targets. Investors sought

ERITREA : A key year for Sunridge Gold - 25/01/2012 ...

Now that it wholly owns its Asmara project since its partner Antofagasrta Minerals SA pulled out in May, the project's - 25/01/2012

Canadian mining company accused of exploiting Eritrea's ...

The UN has accused a Canadian company of using forced labour at Eritrea's only active mine in a hard-hitting report released in June.. Nevsun Resources, which owns a …

Sunridge Provides Update on the Asmara Project, Eritrea

Sunridge is a mineral exploration and development company focused on the acquisition, exploration, discovery and development of base and precious metal projects on the Asmara Project in …

Sunridge Gold Announces 7 Million Net Present Value ...

Sunridge Gold Announces $837 Million Net Present Value Feasibility Study For The Asmara Project, Eritrea . Vancouver, British Columbia CANADA, May 16, 2013 (Filing Services Canada via COMTEX) — Sunridge Gold Corp. (sgc:TSX.V/SGCNF),is pleased to announce the completion and positive results of an independent feasibility study (the "Study") by lead engineer SENET (Pty) Ltd. …

Is Sunridge the Next Nevsun? | .:TesfaNews:.

The mining industry is apparently focusing hard on Eritrea again and Sunridge Gold is now positioned to be the next company to push towards production. Sunridge's peer company, Nevsun Resources is currently building the first modern mine in Eritrea and is nearing completion of the Bisha gold-copper-zinc VMS project. The mine construction is on schedule…

ERITREA : Sunridge acquires of a mining project in ...

The Canadian company Sunridge Gold Corp (SGC), which currently owns 40% of a project to explore for precious metals near - 02/09/2006