chalice gold to sell zara gold project in eritrea

chalice gold to sell zara gold project in eritrea

Chalice Gold to Sell Eritrea Project to China SFECO

Chalice Gold has agreed to sell its 60 percent interest the Zara gold project in Eritrea to China SFECO Group for $100-million. The sale will enable Chalice to pursue other mining opportunities in ...

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Chalice Completes Sale of Zara Gold Project in Eritrea to ...

Chalice Gold Mines Limited (CXN.TO) has today completed the sale of the Zara Gold Project in Eritrea to China SFECO Group for US$78 million plus a.

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Chalice Gold Agrees to Sell Remaining 60% of Zara Gold ...

Chalice Gold Agrees to Sell Remaining 60% of Zara Gold Project, Eritrea News provided by. Chalice Gold Mines Limited Dec 28, 2011, 07:00 ET. Share this article. Share this article.

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Chalice Completes Sale Of Zara Gold Project; Current Cash ...

Chalice Gold Mines Limited (TSX: CXN) reported the completion of the US $78 million sale of the Zara Gold Project in Eritrea to China SFECO Group.

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Chalice may sell Zara gold project - Mining Journal

Chalice Gold Mines Ltd has announced that it plans to sell its 60% interest in the Zara gold project in Eritrea for an undisclosed amount. Login or Start a £1 trial to read the full article.

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Chalice Sold Zara Gold Project to SFECO and ENAMCO for US$114M

Chalice Gold turned Red after selling its lucrative Zara Gold Deposit in Eritrea to China. By Chalice Gold Mines, C halice Gold Mines Limited (ASX: CHN/TSX: CXN) is pleased to announce that it has today completed the sale of the Zara Gold Project in Eritrea to China SFECO Group for US$78 million plus a deferred payment of US$2 million upon ...

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Chalice completes Zara sale - Mining Weekly

Gold miner Chalice Gold Mines has completed the sale of its Zara gold project, in Eritrea, to China SFECO Group for $78-million. Chalice would also receive a deferred payment of $2-million on the ...

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Chalice completes sale of Zara Gold Project in Eritrea to ...

Sep 04, 2012  PERTH, Western Australia, Sept. 4, 2012 /CNW/ – Chalice Gold Mines Limited (ASX: CHN; TSX: CXN) is is pleased to announce that it has today completed the sale of the Zara Gold Project in Eritrea to China SFECO Group for US$78 million plus a deferred payment of US$2 million upon commencement of commercial production at the Koka Gold Mine.

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Chalice Gold to sell Zara stake to China's Sfeco - MarketWatch

Dec 27, 2011  CANBERRA (MarketWatch) -- Chalice Gold Mines Ltd. (CHN.AU) said Wednesday it plans to sell its remaining 60% stake in the Zara project in Eritrea

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Chalice sells out of Zara project

CHALICE Gold Mines plans to sell its remaining 60 per cent stake in the Zara project in Eritrea to Chinas Sfeco Group, a subsidiary of Shanghai Construction Group, for up to US100 million 98.4m.

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Chalice Completes Sale Of Zara Gold Project; Current Cash ...

Chalice Gold Mines Limited (TSX: CXN) reported the completion of the US $78 million sale of the Zara Gold Project in Eritrea to China SFECO Group.

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Chalice may sell Zara gold project - Mining Journal

Chalice Gold Mines Ltd has announced that it plans to sell its 60% interest in the Zara gold project in Eritrea for an undisclosed amount. Login or Start a £1 trial to read the full article.

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Chalice completes sale of Zara Gold Project in Eritrea to ...

Sep 04, 2012  PERTH, Western Australia, Sept. 4, 2012 /CNW/ – Chalice Gold Mines Limited (ASX: CHN; TSX: CXN) is is pleased to announce that it has today completed the sale of the Zara Gold Project in Eritrea to China SFECO Group for US$78 million plus a deferred payment of US$2 million upon commencement of commercial production at the Koka Gold Mine.

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Chalice Gold to sell Zara stake to China's Sfeco - MarketWatch

Dec 27, 2011  CANBERRA (MarketWatch) -- Chalice Gold Mines Ltd. (CHN.AU) said Wednesday it plans to sell its remaining 60% stake in the Zara project in Eritrea

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Chalice completes Zara sale - Mining Weekly

Gold miner Chalice Gold Mines has completed the sale of its Zara gold project, in Eritrea, to China SFECO Group for $78-million. Chalice would also receive a deferred payment of $2-million on the ...

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Chalice sells out of Zara project

CHALICE Gold Mines plans to sell its remaining 60 per cent stake in the Zara project in Eritrea to Chinas Sfeco Group, a subsidiary of Shanghai Construction Group, for up to US100 million 98.4m.

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Chinese group to pay $80m-plus for Chalice's Eritrean gold ...

TORONTO (miningweekly) – Toronto- and Australia-listed Chalice Gold late on Tuesday said it agreed to sell its 60% stake in the Zara gold project in Eritrea to China SFECO Group, a ...

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20091020 Chalice Upgrades Regional Potential at Zara Project

Oct 20, 2009  Chalice Gold Mines Limited, Level 2, 1292 Hay Street, West Perth, Western Australia T: +618 9322 3960 F: +618 9322 5800 E: [email protected] CHALICE UPGRADES REGIONAL POTENTIAL AT ZARA PROJECT IN ERITREA Chalice Gold Mines limited ABN 47 116 648 956 20 October 2009 Highlights

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Chalice gets option to buy rest of Eritrea project

ASX-listed Chalice Gold Mines has acquired an option to buy the remaining 20% stake in the Zara gold project, in Eritrea, from fellow Australian explorer Dragon Mining. Chalice can exercise the ...

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Chalice Gold Mines Strikes Deal with Eritrea .:TesfaNews:.

Nov 02, 2011  By Proactive Investors,. Chalice Gold Mines (ASX:CHN)(TSX:CXN) has moved closer to development of its Koka Gold Mine at the Zara Project after executing an agreement with the Government of the State of Eritrea. Chalice’s 60 per cent-owned Eritrean joint venture company, Zara Mining Share Company (ZSMC), struck the deal with Eritrea which governs the future development

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Chalice takes full ownership of Eritrea gold mine

East Africa-focused Chalice Gold Mines has taken full ownership of the Zara gold project, in Eritrea, after it bought a remaining 20% stake from Dragon Mining. Dragon Mining would receive A$8 ...

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Zara Chalice Gold: Regional Exploration ... - eritrea-chat

Eritrean Business News: Chalice Gold Mines Limited (TSX:CXN)(ASX:CHN) today announced it is ramping up regional exploration at its Zara Gold Project in Eritrea, East Africa, with a focus on identifying new prospects to increase resources in the vicinity of its flagship Koka Gold Deposit, which hosts an indicated Mineral Resource of 840,000oz at a grade of 5.3g/t gold.

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What if China Acquires Chalice Gold Mines in Eritrea?

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.

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Chalice not so golden on Zara sale PerthNow

Dec 28, 2011  The sale follows West Perth-based Chalice's decision to sell a 30 per cent stake in Zara to the Eritrean National Mining Corporation in June, boosting ENAMCO's stake to 40 per cent.

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Chalice may sell Zara gold project - Mining Journal

Chalice Gold Mines Ltd has announced that it plans to sell its 60% interest in the Zara gold project in Eritrea for an undisclosed amount. Login or Start a £1 trial to read the full article.

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Chalice sells out of Zara project

CHALICE Gold Mines plans to sell its remaining 60 per cent stake in the Zara project in Eritrea to Chinas Sfeco Group, a subsidiary of Shanghai Construction Group, for up to US100 million 98.4m.

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Chalice not so golden on Zara sale PerthNow

Dec 28, 2011  The sale follows West Perth-based Chalice's decision to sell a 30 per cent stake in Zara to the Eritrean National Mining Corporation in June, boosting ENAMCO's stake to 40 per cent.

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Chalice completes Zara sale - Mining Weekly

Gold miner Chalice Gold Mines has completed the sale of its Zara gold project, in Eritrea, to China SFECO Group for $78-million. Chalice would also receive a deferred payment of $2-million on the ...

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Sub-Sahara, Chalice merger to fund Eritrea project

Sub-Sahara's Zara project has an estimated 1 million ounces of gold in the west of the Red Sea state, where international prospectors expect large precious gold and base metal finds."The proposed merger will combine Chalice's strong cash position of over 10 million (Australian dollars) with Sub-Sahara's 69 percent interest in the high grade Zara Gold Joint Venture in Eritrea, East Africa," the ...

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Chinese group to pay $80m-plus for Chalice's Eritrean gold ...

TORONTO (miningweekly) – Toronto- and Australia-listed Chalice Gold late on Tuesday said it agreed to sell its 60% stake in the Zara gold project in Eritrea to China SFECO Group, a ...

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Chalice takes full ownership of Eritrea gold mine

East Africa-focused Chalice Gold Mines has taken full ownership of the Zara gold project, in Eritrea, after it bought a remaining 20% stake from Dragon Mining. Dragon Mining would receive A$8 ...

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Chalice gets option to buy rest of Eritrea project

ASX-listed Chalice Gold Mines has acquired an option to buy the remaining 20% stake in the Zara gold project, in Eritrea, from fellow Australian explorer Dragon Mining. Chalice can exercise the ...

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Chalice finds high-grade gold at Zara

Mar 31, 2010  Drilling results from Chalice Gold Mines’ Zara gold project in Eritrea may put the spring back into its stock. Trevor Hoey Updated Jun 8, 2010 – 9.48am , first published at Mar 31, 2010 – 10 ...

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Zara Chalice Gold: Regional Exploration ... - eritrea-chat

Eritrean Business News: Chalice Gold Mines Limited (TSX:CXN)(ASX:CHN) today announced it is ramping up regional exploration at its Zara Gold Project in Eritrea, East Africa, with a focus on identifying new prospects to increase resources in the vicinity of its flagship Koka Gold Deposit, which hosts an indicated Mineral Resource of 840,000oz at a grade of 5.3g/t gold.

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Eritrea and Chalice Gold Mines Signs Share Holders ...

Jul 29, 2011  Chalice Gold, Chalice Gold Mines Limited (ASX:CHN; TSX:CXN) is pleased to announce that, further to the announcement of 16 June 2011 in which it advised that it had reached agreement with the Eritrean National Mining Corporation (“ENAMCO”) for ENAMCO’s acquisition of a 30% participating interest in Chalice’s Zara Gold Project in Eritrea, East Africa, Chalice

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Why sale of Zara project in Eritrea is good for South ...

Chalice Gold Mines' (ASX: CHN/TSX: CXN) sale of the Zara gold project for a combined $114 million in Eritrea is good news for Chalice shareholders as well as for companies in Eritrea such as South ...

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Chalice Gold Mines strikes deal with Government of Eritrea ...

Chalice Gold Mines ()() has moved closer to development of its Koka Gold Mine at the Zara Project after executing an agreement with the Government of the State of Eritrea. Chalice's 60 per cent ...

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Zara gold .:TesfaNews:.

Chalice Gold, Chalice Gold Mines Limited (ASX:CHN; TSX:CXN) is pleased to announce that, further to the announcement of 16 June 2011 in which it advised that it had reached agreement with the Eritrean National Mining Corporation (“ENAMCO”) for ENAMCO’s acquisition of a 30% participating interest in Chalice’s Zara Gold Project in Eritrea, East Africa, Chalice and ENAMCO have now ...

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