Chinese Miner to Start Copper Output in Eritrea by Next Year

  • Sichuan Road bought majority stake in project in 2016
  • Mine outside Eritrean capital to produce gold, zinc, silver

By Nizar Manek, 24 August 2018
(Bloomberg) --
A unit of Sichuan Road & Bridge Co. will start producing copper, zinc, gold and silver at a mine in Eritrea by early next year, helping diversify the country’s agrarian economy, a mines ministry official said.
The project will add to two operating mines in the Horn of Africa nation, which is reemerging as an investor destination after a rapprochement with neighboring Ethiopia last month ended two decades of political tensions.
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