Date: Wed, 1 Oct 2014 22:32:27 +0200
5th Eritrean Mining Conference opens
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.jpgAsmara, 01 October 2014 - The 5th Eritrean Mining Conference opened
today at Asmara Palace Hotel here in the capital under the theme "Mining
Excellence for Driving Economic Growth".
Speaking at the opening of the Conference in which Government officials,
representatives of various countries, mining companies and social
service-rendering institutions took part, Gen. Sebhat Ephrem, Minister of
Energy and Mines, pointed out that Eritrea possesses rich mineral resources
and that the undertaking of research activities towards harnessing the
available resources is imperative.
The Minister further indicated that sufficient information has been secured
since the
holdinghttp://www.shabait.com/images/stories/fruit/abc-oct-1-news-mining-con
ference1.jpg of mining conferences in Asmara in 2010 pertaining to
industrial mining, and that endeavors are being made to harness such
resource. In this regard, he stated that the necessary regulations have
been put in place that has secured confidence on the part of foreign
companies.
He went on to explain that about 60% of Eritrean territory contains mineral
resources, and that the necessary conducive ground prevails in the country,
coupled with a corruption-free leadership and viable infrastructure
facilities, among others, thus ensuring the requisite factors for expanding
industrial plants. Gen. Sebhat also indicated that there are plans to launch
4-dimensional mining projects in 2017.
Representatives of 50 mining companies are taking part in the conference.
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