Eritrean National Mining Corporation

Danakali secures $200m facility for Colluli potash project

In February 2017, CMSC signed a mining agreement with the Eritrean Ministry of Energy and Mines for the potash project. CMSC is a 50:50 joint venture (JV) between Danakali Limited and the Eritrean National Mining Corporation (ENAMCO) and owns of …

How the Nevsun ruling has Extended Human Rights …

Nevsun is a Canadian company that owns the majority of the Bisha Mine shares, with the remaining 40% owned by the Eritrean National Mining Company. Nevsun is the "mother" company, exercising full and effective operational control over the mine. Its local sub-contractors are owned by Eritrea's ruling party.

Visa Information – The Consulate General of the State of Eritrea …

ENTRY VISA TO ERITREA Eritrea National Identification Card bearer are not required an entry visa. Please read the following regulations carefully to ensure that this form is fully and properly completed in order to avoid delays. 1. The Application form should be filled out completely by every person intending to travel unless one is a Dependent…

Bisha mine, Eritrea

Controlling Company: Bisha Mining Share Company (BMSC) comprises Nevsun Resources (60%) and Eritrean National Mining Corporation, which holds the remaining 40% interest. Brief History: Bisha ...

Major Mines & Projects | Bisha Mine

Eritrean National Mining Corp. 45 %: Indirect: Zijin Mining Group Co., Ltd: 55 %: Indirect: The Zijin Mining Group ultimately owns 55% equity interest in Bisha through Nevsun Eritrea, while Eritrean National Mining Corporation owns 45% equity interest in …

Homepage | National Mining Corporation Kenya

National Mining Corporation is the investment arm of the national government in respect to minerals with powers to; Engage in mineral prospecting and mining and any other related activities, invest on behalf of the national government. Acquire by agreement or hold interests in any undertaking, enterprise or project associated with the ...

Major Mines & Projects | Asmara Project

The Asmara Project is held by Asmara Mining Share Company ("AMSC") of which Sunridge Gold Corp. owned 60% of the shares and Eritrean National Mining Corporation ("ENAMCO") owns 40% of the shares, with 30% being a participating interest purchased from Sunridge Gold Corp. and 10% being a carried interest that ENAMCO was entitled to by law.

Eritrean National Mining Corporation Establishment Proclamation (No

This Proclamation establishes the Eritrean National Mining Corporation (Enamco) as an autonomous corporate legal entity. It also provides with respect to the administration and operations of the Corporation. The Corporation shall undertake and engage in mining operations, including prospecting, exploration and exploitation of mineral resources ...

Danakali divests stake in Colluli potash project in …

Australia's Danakali has divested its 50% stake in the Colluli Mining Share Company (CMSC), which owns the Colluli potash project in Eritrea to China's Sichuan Road and Bridge Group (SRBG). CMSC was established as …

HUMAN RIGHTS IMPACT ASSESSMENT

by the Bisha Mining Share Company (BMSC), a company incorporated under Eritrean law. BMSC is 60% owned by Nevsun Resources (Eritrea) Ltd. (NREL) and 40% owned by the Eritrean National Mining Corporation (ENAMCO). NREL is owned by Nevsun Resources Ltd. (Nevsun), which has its headquarters in Vancouver, Canada and trades on the Toronto and …

Danakali to sell stake in flagship Colluli potash project in Eritrea

Australia's Danakali (ASX: DNK) is selling its 50% stake in the Colluli potash project in Eritrea, Africa, almost 13 years after partnering with the Eritrean National Mining Corporation (ENAMCO ...

Danakali sells flagship Colluli potash project in Eritrea

Australia's Danakali (ASX: DNK) has completed the sale of its 50% stake in the Colluli potash project in Eritrea, Africa, 13 years after partnering with the Eritrean National Mining Corporation ...

Eritrean National Mining Corporation Company Profile, …

Eritrean National Mining Corporation offers mineral mining services. The company was founded in 2006 and is based in Eritrea. digitGaps report on Eritrean National Mining Corporation delivers a detailed in-depth and comprehensive insights of the company, its history, corporate strategy, its businesses and structures, and company operations by ...

Colluli Potash Mine, Danakali Depression, Eritrea, Eastern …

The Colluli potash project is a low-cost, long-life sulphate of potash (SOP) project under development in Eritrea, Eastern Africa. The open-cut, high-grade potash project is being developed by Colluli Mining Share Company (CMSC), a 50:50 joint venture partnership between Australia's Danakali and Eritrean National Mining Corporation (ENAMCO).

Key Projects-Zijin Mining Group Co., Ltd.

Zijin Mining completed the acquisition of a 60% interest in the Bisha copper-zinc mine in 2019. Currently, it holds a 55% interest in the project, while the Eritrean National Mining Corporation(ENAMCO) holds the remaining 45%.

Eritrea

There are both statutory and de facto limits on foreign ownership and control of enterprises. All foreign-owned mines must give a 10% stake to the Eritrean National Mining Corporation …

Key Projects-Zijin Mining Group Co., Ltd.

Zijin Mining completed the acquisition of a 60% interest in the Bisha copper-zinc mine in 2019. Currently, it holds a 55% interest in the project, while the Eritrean National Mining …

Eritrean Afar in Dankalia

The Eritrean government, specifically the Eritrean National Mining Corporation (ENAMCO), owns 50% of the project through the jointly owned Culili Mining Share Company (CMSC) alongside the Australian mining company Danakali (DNK), which owns the other 50% stake. The mining site is estimated to hold more than 1.29 billion tons of potash and other ...

Asmara Copper-Zinc-Gold-Silver Project

Asmara Mining Share Company (AMSC), a joint venture between Sunridge Gold and the Eritrean National Mining Corporation (ENAMCO), owns the project. Sunridge owns a 60% share in AMSC, while ENAMCO owns the remaining …

Danakali closer to getting Eritrea potash project …

Colluli, a 50:50 joint venture between Danakali and the Eritrean National Mining Corporation (ENAMCO), has been called "a game-changer" for Eritrea's economy, as it is expected to become one ...

What did Canadian mining executives know about …

The mine is 40 per cent owned by the Eritrean National Mining Corporation (ENAMCO). The Bisha mine opened in 2011 and has produced hundreds of millions of dollars' worth of gold, copper and zinc.

The Saudi-Eritrean Gold Mine – Martin Plaut

Fanco Mining Share Company Is Share Company Formed Between Eritrean National Mining Corporation (Enamco) And Almutrf International Group (A Saudi Company). In May 2018, The Eritrean …

Bisha Project, Eritrea

The mining licences are held by the company's Eritrean subsidiary, Bisha Mining Share Company (BMSC). The State of Eritrea has a 10% free carried stake in the project. Another 30% stake is held by the state-owned Eritrean National Mining Company (ENAMCO). Geology and reserves at the Eritrean mine

Eritrea accepts mine development plan for Colluli potash project

CMSC is a 50-50 joint venture between Australian potash firm Danakali and the Eritrean National Mining Corporation (ENAMCO). It owns of the Colluli Potash Project. The latest move marks a step ahead towards the development of the sulphate of potash (SOP) project, which is located approximately 177km south-east of the capital city Asmara. ...

South Boulder Mines Ltd. and Eritrean National Mining Corporation

South Boulder Mines announced the incorporation of Colluli Mining Share Company (CMSC). South Boulder and the Eritrean National Mining Corporation (ENAMCO) each hold a 50% ownership interest in CMSC, which will …

Bisha Project, Eritrea

Another 30% stake was held by the state-owned Eritrean National Mining Company (ENAMCO). Construction work at the site started in September 2008. Gold production began in February 2011. Copper production from the mine commenced in December 2013, followed by zinc production in October 2016 after the completion of the zinc expansion project.

Danakali scores Eritrea nod for vast potash mine

Colluli, a 50:50 joint venture between Danakali and the Eritrean National Mining Corporation (ENAMCO), is expected to become one of the world's most significant and lowest-cost sources of ...

Investment – Eritrean Embassy

Bisha Mining. Bisha Mining is an Eritrean company formed for the development and operation of the Bisha Mine in western Eritrea. It was initially owned by Nevsun Resources Ltd. (60%) and the Eritrean National Mining …

Eritrean National Mining Corp

The situation is now back in order after the lengthy period of uncertainty resulting from the standoff between the government in Asmara and the mining companies four years …

Danakali banks on new investor mood to fund …

Danakali's Colluli Mining Share Company (CMSC) is a 50:50 venture with state-owned Eritrean National Mining Corporation (ENAMCO), a split analysts say may unnerve some investors.