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Expert Analysis

11 Considerations To Ensure An Eritrean Mine Is Bankable

Law360, New York (February 12, 2015, 10:47 AM EST) -- The mining potential of the small eastern African country, Eritrea, is unexploited. In 2009, the Eritrean government granted eight new exploration licenses to foreign mining companies. Mining in Eritrea has attracted the interest of more than 14 mining and exploration firms from Australia, Bermuda, Canada, China, Libya, the United Arab Emirates and the U.K. The Bisha Mine (a unique gold, copper and zinc mine) in Eritrea is the country's flagship project and is being run by Canada's Nevsun Resources Ltd. with a 40 percent stake held by the government of Eritrea....

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