The bisha mine is a highgrade copper, gold, silver and zinc mine that commenced production in february 2011. Eritrean bisha mining company video photo gallery 18062010 18062010 admin 0 comments bisha, enamco, eritrea, eritrean national mining coooeration, gold mining, june 2010, nevsun, project. Jan 15, 20 map of eritrea with location of bisha mine. Bisha, gashbarka, eritrea three day weather forecast. A vancouverbased mining company that struck gold in the small east african country of eritrea is being accused in a b. Immediately after arrival, you will be sent to the security office. Nevsun finds more mineralisation at eritreabased bisha. Jointly owned by the eritrean state and canadian company nevsun, the mines first produced gold and are now yielding copper and zinc. The gram is a wellknown standard unit of measuring precious metals. Eritrea has an extensive amount of resources such as copper, gold, granite, marble, and potash. The plaintiffs claimed they and more than 1,000 others had been conscripted through eritrea s military service into forced labour to construct nevsuns bisha gold. Forced labor and corporate responsibility in eritreas mining sector. Inside eritrea s bisha mines france 24 video by nicolas germain, romeo langlois text by france 24 it isnt always easy to do business in eritrea but the bisha mines, a joint eritrean canadian operation, are an exception.
The mine, pictured in february 2016, is a source of gold, copper and zinc ore. On 30082017, swiss news media revealed a secret gold trade activity between eritrea and swiss companies. Bisha is a large, highgrade volcanogenic massive sulphide vms deposit located 150km west of asmara, eritrea, east africa. A sudanese newspaper, alsahafa on its 21, 2015 print reported ethiopian fighter jets bombarded the only profitable mining company in eritrea. Ethiopian fighter planes bombed the site of eritrea s bisha goldmine, reported alsahafa, a leading sudanese arab daily in its march 21 edition. Bishas gold ore reserves and actual mining and production of gold at the bisha mine were material to investors. News articles directory books videos events journals software. Eritreas key natural resources include natural gas, gold, copper, oil, zinc and potash. Ethiopian fighter jets hit eritrean bisha gold mine. Executives at vancouverbased mining firm nevsun resources have denied direct knowledge of human rights violations at their gold and copper mine in the bisha mining district in northern eritrea. Bisha gold mining site which is located 150 kilometers west of the eritrean capital asmara and arsenal at mai edaga were targets of the airstrike according to tigrayonline. So far, however, most of the money has gone to the shareholders of the foreign company, which is the states partner in the mine, and now sued in the canadian court for using slave workers in it.
The main excavation at the bisha mine in northwest eritrea, which is operated by a canadianowned company. Dealing with a dictator, cbc radiocanada, 12 feb 2016. Ethiopian air force reportedly attacked two locations inside eritrea on march 20,2015 says tigrayonline ardent protigray peoples liberation front tplf online news provider. According to the newspaper, heavy plumes of smoke and fire bellowed from the mine located 150 kilometers from the capital city, asmara. Tour by eritreans from australia to bisha, sawa and filfil solomuna. Zijin, through its subsidiary, has filed and will be mailing shortly thereafter a notice of variation and extension to nevsun shareholders extending the period upon which nevsun shareholders can tender their nevsun shares to the offer. The real truth about bisha mine in eritrea youtube. The mining project is a major deposit of volcanogenic massive sulphide vms mineralisation. Canadian base metals producer nevsun resources has found more mineralisation at its flagship bisha mine and satellite deposits in eritrea, on the horn of africa. They are also a bright spot for eritrea s economy and have contributed more than 800 million dollars to the state. Gold price in eritrea today per gram in eritrean nakfa ern.
A treatment plant at the bisha mine was commissioned by the nevsun that hoped to commence with its. Martin zimmermann the journey takes about 5 hours from asmara to bisha in the western lowlands of eritrea. Enamco seeks a repeat of bisha success story on the crest of its success in cooperating with canadas nevsun resources in developing gold at bisha, eritrea is intent on doing likewise with chinas speco. Dec 21, 2017 when tonight of gold was found in eritrea, hopes that the economy of one of the worlds poorest countries would finally accelerate. Eritrea nevsun bisha brought over 1 billion dollars income to the economy france 24 continues its indepth look at eritrea. Proethiopian regime bloggers reported that ethiopian airforce conducted airstrike at a gold mine processing facility, near the capital asmara, so far both ethiopian and eritrean officials didnt confirm whether or not the airstrike took place.
Oct 18, 2011 a few months ago, a number of workers from bisha nevsun project owned by the eritrean government and canadas nevsun resources ltd. Eritrea has two producing mines bisha, which produces gold, copper and zinc and is 60 percent owned by nevsun resources ltd. Ethiopian fighter jets hit eritrean bisha mine and mai edaga military depot. This place is situated in dghe, gashbarka, eritrea, its geographical coordinates are 15 29 2 north, 37 32 41 east and its original name with diacritics is bisha.
The bisha mine produces copper, zinc, gold and silver. Nevsun had a 60 per cent stake in the bisha mine, while the eritrean national mining corporation enamco, a government organization, owned the other 40 per cent. What did canadian mining executives know about possible. Its 27 million tonnes of ore reportedly contain 1 million ounces of gold, 11. Bisha is a large precious and base metal volcanogenic massive sulfide deposit that commenced gold and silver production in february 2011. Nsu is pleased to announce strong production results of 110,000 ounces of gold for the quarter ending september 30, 2011. Visit to the bisha mine in eritrea germany journalist. Canadas nevsun resources to face mass slavery lawsuit.
May 15, 2011 eritrea s most advanced project is the bisha mine operated by nevsun resources tsx. When tonight of gold was found in eritrea, hopes that the economy of one of the worlds poorest countries would finally accelerate. Yeartodate the bisha mine in eritrea has produced 278,000 ounces of gold, including 41,000 ounces during the commissioning phase early this. I have been wanting to visit the mine for some time as it is the only mine currently operating in the country although the zara mine should come on line soon and is a major contributor to the eritrean economy. The horn of africa nation expects to have four mines in operation by 2018 producing gold, copper, zinc and potash as it digs itself out of slowing. The bisha property hosts a gold, copper and zinc deposit and includes satellite vms deposits at harena, northwest and hambok. Eritrea looks to mining to boost economic growth youtube. The eritrean government has lost more than one helicopter in the march 20, 2015 operation and more is to come. The vms mineralisation is rich in base and precious metals such as gold and silver oxides, as well as copper and zinc sulphides. The companys three principal assets are its ownership interest in the timok project, a highgrade copper gold development project in serbia, its bisha zinccopper mine in eritrea, and its balance sheet. Supreme court rejects nevsuns appeal to hear forced.
In a 20 report, human rights watch alleged human rights abuses at the bisha mine and that nevsun failed to ensure that forced labour would not be used at the mine. Sep 02, 2017 on 30082017, swiss news media revealed a secret gold trade activity between eritrea and swiss companies. Eritrea gold reserves 20002002 data 20192020 forecast. The trade which is reported of being executed from 2011 to 20 enabled switzerland to buy 22 tonnes of unrefined gold that costs about 400 million francs. Large highgrade zncuauag volcanicassociated massive sulfide vms deposit. Canada mining firm accused of slavery abroad can be sued. Formed for the development and operation of the bisha mine in western eritrea.
The mine, pictured in february 2016, is a source of gold. Sudanese newspaper reports ethiopian fighter jets attacked the eritrean bisha gold mine. Somalia and eritrea addressed to the chair of the security council. We were forced to work at westernrun mine, say eritrean migrants. Posted in business, news tagged bisha mine increase production by 18% in q3, bisha mine shows an 18% sequential rise in production, eritrea mining, nevsun bisha mine in eri trea, nevsun third quarter production increaase by 18%, nevsuns nonstop production in bisha gold comments off on nevsun q3 gold output rises by 18 percent. Gold mining in eritrea investing news network october 4th, 2015 gold miners are expanding their focus in africa to the northeast of the continent, a region that in the past was largely bypassed. Bisha mine in eritrea experienced vandalism, not airstrike. Appalling work conditions at bishanevsun mining project, eritrea. Bisha project is located at about 150km west of asmara in eritrea.
Mar 22, 2015 the bisha mine experienced an act of vandalism nevsun resources ltd. View of the daily demolition of the bisha mine in eritrea, 150 kilometers west of the capital city of asmara. Chinese miner to start copper output in eritrea by next. Bisha s gold ore reserves and actual mining and production of gold at the bisha mine were material to investors. The government is betting on the mining sector to bring in muchneeded cash. Jul 21, 2011 appalling work conditions at bishanevsun mining project, eritrea. Bisha mine in eritrea experienced an act of vandalism. Supercut srf rundschau gold aus zwangsarbeit aus eritrea. The company also holds a number of additional exploration licences and permits in serbia, macedonia and in the bisha mining district. Feb 14, 2016 the real truth about bisha mine in eritrea. This page provides eritrea gold reserves actual values, historical data, forecast, chart, statistics, economic calendar and news. The main excavation at the bisha mine in northwest.
In eritrea, they call it the bisha trail, after nevsun resources copper, gold and zinc mining project, which will become the first commercial mine in the countrys colourful history when it. Allegations of conscripted labour in canadian mine. The official statement by nevsun on march 22, 2015 say the damages were sustained to the base of the tailings thickener. My visit to the bisha mine by chief of mission louis mazel i had the opportunity november 2122 to visit the bisha mine along with my deputy lori dando and her husband. The company was acquired by zijin mining group company limited on dec 29, 2018. All content is posted anonymously by employees working at bisha mining. Namibian copper moves into the big copper leagues with hambok acquisition. Unrefined gold from bisha mining eritrea is stashed in swiss banks. The bisha mine benefits from high grade base metal reserves, strong support of the government of eritrea and an advantageous location with good local road and port infrastructure. Bisha project is located at about 150km west of asmara in eritrea, east africa.
It isnt always easy to do business in eritrea but the bisha mines, a joint eritreancanadian operation, are an exception. They are also a bright spot for eritrea s economy and have. Canadian base metals producer nevsun resources this week announced a strategic update on its capital allocation plans, allotting extra capital to its eritrea based bisha zinccopper gold operation. We were forced to work at westernrun mine, say eritrean. Get your 3day weather forecast for bisha, gashbarka, eritrea. The bisha mines gold ore reserves were also important to nevsuns partner in development of the mine, the government of eritrea. Part 2 appalling work conditions at bishanevsun mining. It isnt always easy to do business in eritrea but the bisha mines, a joint eritrean canadian operation, are an exception. Nevsun delays timok schedule, provides more capital for. Nov 19, 20 eritv eritrean news live by eritrea television 37,651 views 52. Taxes in eritrea are generally regulated by the income tax proclamations 621994. In actuality, ethiopia would prefer a democratic, friendly, peaceful and developing eritrea so that the eritrean refugees that are draining ethiopian resources will go home as would those who are hiding in the cities and living under the radar. This would leave the producing bisha mine in eritrea as euro suns principal asset. Bisha mining is an eritrean company formed for the development and operation of the bisha mine in western eritrea.
They are also a bright spot for eritreas economy and have. Bisha project mining technology mining news and views. Additionally, the company pointed out that the bisha mine is 40percent owned by the eritrean government. Eritrea is a tiny irrelevent and miniscule spec of dirt on the shoe of ethiopia. Nevsun is the 100% owner of the highgrade coppergold timok upper. The current price of 24k, 22k, 18k, 16k, 14k, 10k, etc. Thomas mukoya reuters trucks ferry excavated gold, copper and zinc ore from the main mining pit at the bisha mining share company in eritrea, operated by canadian company nevsun resources, on. At least two media outlets confirmed the report, including tigrai online, an ethiopian daily news site which stated that the bisha mine, located 150 kilometres from asmara, eritrea, was a target. Bisha mining,is a gold,silver,and copper mine in the middle of one of the hottest places on earth. In 2011, nevsun began mining gold oxides from the surface layer of bisha. The companys three principal assets are its ownership interest in the timok project, a highgrade coppergold development project in serbia, its bisha zinccopper mine in eritrea, and its balance sheet. The bisha gold and copper mine is the countrys first and, as of october 2012, its only operational mine. View of the daily demolition of the bisha mine in eri trea, 150 kilometers west of the capital city of asmara.
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