Shabait.com (Asmara)
26 October 2007
The Eritrean National Mining Corporation, ENAMCO, today concluded a shareholder agreement for the Bisha Mining Share Company with Nevsun Resources. Under the terms of the agreement ENAMCO will purchase a 30% contributing interest in the Bisha project, which with the Government of Eritrea's 10% free carried interest will bring ENAMCO's total ownership to 40%. ENAMCO will make a provisional ...
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