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From: B-Haile (eritrea.lave@comhem.se)
Date: Mon Oct 18 2010 - 22:52:41 EDT
THE MINING INDUSTRY'S WEEKLY NEWSPAPER
Mining Journal Online
Asmara Geocongress 2010 September 22-27
Hot spot in the Arabian Nubian Shield
The people and government of Eritrea are resolute in their endeavour to rebuild the country's economy,and to secure social and economic progress
Message from Ahmed Haj Ali, Minister of Energy and Mines
ON BEHALF of my ministry and the government of Eritrea, I am pleased to welcome you to this supplement from Mining Journal, which will give you background information on Eritrea and the investment opportunities in the minerals sector, including profiles of the exploration and mining companies operating in the country.
Geological works and recent remote-sensing investigations proved that Eritrea possesses favourable geological settings.
The greenstone belt of Eritrea, which hosts precious and base metals, covers 70% of the country. The discovery of the Bisha high-grade zinc-copper-gold deposit, and subsequent announcements made by several other exploration companies operating in Eritrea, have demonstrated the potential the nation possesses for major mineral deposits.
A liberal economic policy with competitive tax regimes, full guarantees and protection of investments, untapped geological terrains, highly motivated, disciplined and hard-working people, an administration free from corruption, a safe and free country, make Eritrea an ideal destination for investors.
The incentives provided to investors will be briefly spelt out in this supplement.
The Eritrean mining law provides simple procedures for the submission and processing of licence applications.
I sincerely hope that this supplement, although not exhaustive, will guide you and enable you to make some meaningful decision on how to invest in the Eritrean
minerals sector. You are always welcome to contact us for further enquiries.
Hon Minister of Energy and Mines
Ahmed Haj Ali
Read more http://www.mining-journal.com/__data/assets/supplement_file_attachment/0004/230881/Eritrea_scr.pdf
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