chalice gold to sell zara gold project in eritrea


Chalice completes sale of Zara Gold Project in Eritrea to China .PERTH, Western Australia, Sept. 4, 2012 /CNW/ - Chalice Gold Mines Limited (ASX: CHN; TSX: CXN) is is pleased to announce that it has today completed the sale of the Zara Gold Project in Eritrea to China SFECO Group for US$78 million plus a deferred payment of US$2 million upon commencement of commercial.chalice gold to sell zara gold project in eritrea,Eritrea: Company starts production of gold for sale : Nordic Africa .Jan 24, 2016 . ZMSC, a joint venture company established between China SFECO Group (60%) and the Eritrean National Mining Corporation ENAMCO (40%), have already sent its first gold pour to China worth millions of dollars. Chalice Gold Mines (ASX:CHN TSX:CXN), which sold Zara Gold Project to China SFECO.Chinese Company Acquired Chalice's 60% Stake in EritreaDec 27, 2011 . Chalice Gold Mines (ASX: CHN; TSX: CXN) announces that it has entered into a conditional shortform agreement (the “Agreement”) to sell its remaining 60 per cent stake in the Zara Project in Eritrea to China SFECO Group (SFECO), a subsidiary of Shanghai Construction Group Co. Ltd. This follows the.

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CHALICE GOLD MINE presentation 2010 Sep

This presentation may contain value references and "forward looking statements“ which are subject to various risks and uncertainties that . Chalice Snapshot. Emerging African gold company – Zara Project, Eritrea. Open pit - 760,000oz Ore Reserve 5.1g/t Au. Average production: 104,000oz pa from Koka Gold Deposit.

Koka Deposit: Discovery & Resource Development of . - Chalice Gold

Nov 24, 2009 . Market Cap of ~A$60M (based on. Chalice share price of $0.50). Board. Tim Goyder (Executive Chairman). ▫ Focus on developing the high-grade. Zara Gold Project in Eritrea, East Africa. Doug Jones (Managing Director). Mike Griffiths (Executive Director). ▫ Targeting near-term production of. ~100,000 ozpa.

2012 ASX Announcements - 2012 - Chalice Gold

06/09/2012, Webcast of Chalice Presentation to Africa Down Under 2012. 04/09/2012, Chalice completes sale of Zara Gold Project in Eritrea. 04/09/2012, Expired and Lapsed Options. 31/08/2012, Presentation to Africa Down Under 2012. 24/08/2012, Sale of Zara Project to China SFECO Group Update. 21/08/2012, Sale of.

Winnipeg Free Press: Chalice Gold sells part of mine to Eritrean .

Jun 15, 2011 . Eritrean National Mining Corp. has agreed to pay US$32 million for a 30 percent stake in Chalice Gold Mines' Zara gold project, Bloomberg reported Wednesday:

Koka - Mining Atlas

Koka is a Gold Project, also known as Zara, in Eritrea owned by SFECO Group, Eritrean National Mining Corporation. General: The project was sold by Chalice Gold mines to SFECO for $78m in 2012. Life of mine is approximately 7 years with current reserves. For more data on production, status, ownership, capex and.

Chalice completes sale of Zara Gold Project in Eritrea to China .

PERTH, Western Australia, Sept. 4, 2012 /CNW/ - Chalice Gold Mines Limited (ASX: CHN; TSX: CXN) is is pleased to announce that it has today completed the sale of the Zara Gold Project in Eritrea to China SFECO Group for US$78 million plus a deferred payment of US$2 million upon commencement of commercial.

Chinese Company Acquired Chalice's 60% Stake in Eritrea

Dec 27, 2011 . Chalice Gold Mines (ASX: CHN; TSX: CXN) announces that it has entered into a conditional shortform agreement (the “Agreement”) to sell its remaining 60 per cent stake in the Zara Project in Eritrea to China SFECO Group (SFECO), a subsidiary of Shanghai Construction Group Co. Ltd. This follows the.

Koka - Mining Atlas

Koka is a Gold Project, also known as Zara, in Eritrea owned by SFECO Group, Eritrean National Mining Corporation. General: The project was sold by Chalice Gold mines to SFECO for $78m in 2012. Life of mine is approximately 7 years with current reserves. For more data on production, status, ownership, capex and.

Winnipeg Free Press: Chalice Gold sells part of mine to Eritrean .

Jun 15, 2011 . Eritrean National Mining Corp. has agreed to pay US$32 million for a 30 percent stake in Chalice Gold Mines' Zara gold project, Bloomberg reported Wednesday:

Chalice Gold Mines Limited Mining News - The Northern Miner

Chalice Gold looks to sell Eritrean gold deposit. Chalice Gold Mines (CXN-T, CHN-A) could potentially sell its 60% stake in the Zara gold project in northern Eritrea.

Chalice Gold to sell remaining 60% of gold project in Eritrea for $80m

5 ጃንዩ 2012 . Chalice Gold Mines has entered into a short term agreement to sell the remaining 60% of its Zara gold project in Eritrea to China SFECO Group for $80m in cash. This follows the agreement in July 2011 to which Chalice agreed to sell a 30% interest in the Zara Project to the Eritrean National Mining.

The Mineral Industry of Eritrea in 2013 - USGS Mineral Resources .

product, and the mining and quarrying sector, 1.7%. The value of output from the mining and quarrying sector increased by. 3.5%. Gold accounted for 89% of total . of the mine. Reserves were estimated to be 4.6 Mt at a grade of. 5.1 g/t gold (Tarikh, 2012; Williams, 2013). In the first half of 2013, Chalice Gold Mines Ltd. of.

Mining Digest Eritrea

Jun 26, 2012 . olicy%3a+The+government+buys+30%25+of+the+Colluli+potash+project+. Chalice Gold Sees Sale of Eritrea Stake to China SFECO by. August. Chalice Gold, an Australian explorer for the metal, expects China. SFECO Group to complete an $80 million purchase of its stake in. Eritrea's Zara mine by.

Gold Mining in Eritrea | Investing News Network

Oct 4, 2015 . During the fiscal year ended June 30, 2010 Chalice had completed a feasibility study on the Koka Gold Deposit, part of its owned Zara Project. In August 2009, Chalice merged with Sub-Sahara Resources NL, holder of a 69% interest in the Zara Project. At the time of the merger with Sub-Sahara,.

CHALICE GOLD MINES LIMITED ANNUAL INFORMATION FORM

Sep 28, 2015 . On September 4, 2012, Chalice completed the sale of the Zara Gold Project in Eritrea to SFECO and the Eritrean. National Mining Corporation (“ENAMCO”) for a combined consideration of US$114 million. PROJECT OVERVIEW. CAMERON GOLD ROJECT. The below details have been extracted from the.

Ortac's decision to invest in Andiamo should be closely looked at by .

Jan 13, 2014 . Eritrea's recent track record in attracting Chinese investors is something Investors in Ortac should take some comfort from. For example, Chalice Gold Mines Limited (ASX: CHN/TSX: CXN) completed the sale of their Zara Gold Project in Eritrea back in 2012, to China SFECO Group for US$78 million plus a.

Timothy Goyder - Executive Chairman - Chalice Gold Mines Limited .

Tim later sold the business to global mining services group Boart Longyear (pre-IPO) in 2006-07. In 2012, Tim managed the sale of Chalice Gold Mines' Zara Gold Project in Eritrea to China SFECO Group and the Eritrean National Mining Corporation (“ENAMCO”) for a total consideration of US$114 million – a landmark.

CHALICE GOLD MINES LTD: FRA:C8U quotes & news - Google .

Chalice Gold Agrees to Sell Remaining 60% of Zara Gold Project, Eritrea. PR Newswire - Dec 28, 2011. Chalice Gold Mines intersects 1m at 92g/t gold at Zara Project in Eritrea. Proactive Investors Australia - Nov 6, 2011. Chalice to buy 70% stake in Chimo Gold Project in Canada. Mining Technology - Nov 24, 2016.

4 - Aiga Forum, an Ethiopian forum for news and views and to .

TORONTO (miningweekly) – TSX- and ASX-quoted Chalice Gold Mines said on Monday it signed a nonbinding agreement to sell its Zara project in Eritrea, the East African State that the UN slapped with further sanctions last week. The UN last week handed down further sanctions to Eritrea's dictatorial government,.

chalice gold to sell zara gold project in eritrea,

Mining and Exploration Activities in Eritrea | ECSS | Eritrean Center .

Nov 1, 2012 . Zara Mining Share Company (ZMSC) is joint-venture between ENAMCO and Chalice Gold Mines an Australian exploration company. ZMSC owns the high grade, Koka gold deposit and a substantial, largely unexplored, land package to the north and south of this deposit. The Koka deposit is estimated to.

chalice gold to sell zara gold project in eritrea,

GOLDSHEET Mining Directory - Companies C

GOLDSHEET Mining Directory - Subpage covering Companies C.

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