A volcanic eruption has created a new island in the Red Sea between Yemen and Eritrea
By Samantha Stainburn,
The Red Sea begged Santa for months for a brand new island, and lo-and-behold, the jolly man caused an underwater eruption that formed a new piece of land in the middle of the Red Sea.
According to CNN, the island, which is basically a mass of lava that cooled once it broke through the water’s surface, was formed after a submarine shield volcano which has formed several small islands in the area between Yemen and Eritrea, erupted. The last time the volcano erupted was in the 19th century. Continue reading
Chalice Gold vowed to develop its lucrative Mogoraib North Deposit with the significant cash it generates from Zara sale
After Chalice Gold Mines (ASX: CHN; TSX: CXN) announced its intention to enter into a conditional short form agreement with China’s SFECO Group on selling its 60 percent share in the Zara Project in Eritrea, many thought it was a pack and leave for Chalice.
However, Chalice announced today that it will definitely maintain its active presence in Eritrea by undertaking a significant exploration program at its Mogoraib North Project that lies about 100km south of the Zara Project and immediately north of the world-class Bisha mine. Continue reading
Darfur rebel leader Khalil Ibrahim killed "en route to South Sudan": Army
By Jeffrey Gettleman,
Khalil Ibrahim, a powerful Sudanese rebel leader who mounted a daring and near-successful raid that took his fighters from the sun-blasted deserts of Darfur to the doorstep of the capital, Khartoum, was killed in battle on Sunday, the Sudanese government said.
Sudanese military officials said they killed Mr. Ibrahim and several comrades during a shootout in the southern reaches of the country, and Arab news networks reported that Mr. Ibrahim’s family had confirmed his death. Continue reading
Eritrean Researchers working hard in narrowing the human trace gap
Over one-million year-old human skeleton including skulls and molars has been unearthed in Buya area, Northern Red Sea region.
In the task undertaken by Eritrean and Italian archaeologists, the skeleton of the human species was excavated by Mr. Tsegai Medin, director of research department at the National Museum of Eritrea.
The unearthing of molars of human beings dating back to 1, 400,000 – 650,000 years in the Horn of Africa region was detected by Mr. Husein Omar, a guard of historical sites. Continue reading
Chalice's Takeover by China will be good for Eritrea and the other mining companies operating there: Grandich
Ever since the announcement made by Chalice Gold Mines about the signing of a non-binding letter of intent to sell its 60% stake in the Zara gold project Eritrea, rumors started to run fast in the capital markets to find out who could be that lucky counterpart since Chalice did not disclose the name of the potential acquirer.
The first suspect was Canadian Miner Nevsun Resources who owns and develops the highly profitable Bisha gold mine in Eritrea. This is because a couple of months back, the company announced that it was looking to buy advanced-stage copper-gold projects that had some kind of economic assessment, either a PEA (preliminary economic assessment) or greater, which Chalice fits well with all those conditions, in the Americas, Europe or Africa. Continue reading