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It held a 60 percent stake in Bisha Mining Share Company (BMSC). BMSC was the operating company of Bisha Mine, located in Eritrea. [28] [29] As the majority owner of BMSC, Nevsun was the parent company of BMSC and BMSC was Nevsun's subsidiary. [30] [31] Several former labourers at the Bisha Mine came to Canada as refugees.
The economy of Eritrea has undergone extreme changes after the War of Independence.It experienced considerable growth in recent years, indicated by an improvement in gross domestic product in 2011 of 8.7 percent and in 2012 of 7.5% over 2011, [3] and has a total of $8.090 billion as of 2020.
The company's three principal assets are its ownership interest in the Timok Project, a high-grade copper-gold development project in Serbia, its Bisha zinc-copper mine in Eritrea, and its balance sheet. The company also holds a number of additional exploration licences and permits in Serbia, Macedonia, and in the Bisha mining district.
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Events in the year 2009 in Eritrea. Incumbents. President: Isaias Afewerki; Events. 15 ...
Bisha (Arabic: بيشة, Bīšah), also known as Qal`at Bishah (Arabic: قلعة بيشة, Qalʿat Bīšah), is a town in the south-western Saudi Arabian province, 'Asir. Bisha was its own province before merging with its neighboring province, 'Asir .
This is a list of cities and towns in Eritrea by population. It includes all settlements with a population of over 5,000. It includes all settlements with a population of over 5,000. Map of Eritrea Asmara , Capital of Eritrea Keren
Aiga is also the location of significant battles during the Ethio-Eritrean border war (1998–2000), which ultimately led to the removal of occupying Eritrean forces from the region. In early January 2021 during the Tigray War at least 52 civilians (50 men, 2 women) were extrajudicially killed in Irob by Eritrean soldiers, according to Irob ...