Mining in Eritrea
Mining in Eritrea: the public figures we hold so far. The World Bank puts mineral rents at 25% of GDP (2011) and ores and metals at 1.8% of merchandise exports (2003). No world production share, mine or listed company project is recorded here yet.
- Rule of law-1.77above 3% of countries
- Political stability-0.60above 22% of countries
- Regulatory quality-2.11above 0% of countries
- Control of corruption-1.61above 2% of countries
Mining in Eritrea at a glance
- Mining law
- Minerals Proclamation No. 68/1995 (amended by Proclamation No. 165/2011). Proclamation 68/1995 sets the mining regime; Proclamation 165/2011 amended it. The Mining Income Tax Proclamation is No. 69/1995. Source: USGS
- State mining company
- Eritrean National Mining Corporation (ENAMCO). ENAMCO held 45% of the Bisha mine company (Zijin Mining 55%) and 40% of Zara Mining, which runs the Koka gold mine (SFECO 60%). Source: USGS
- Main mines
- Bisha (zinc, copper, silver, gold) Source: USGS
- Signature minerals
- copper, gold, zinc Source: USGS
Mining employment from the ILO usually counts all of mining and quarrying, often with oil and gas; national shares of GDP and exports are as each source defines them.
History of mining in Eritrea
What the ground holds. copper, gold, potash, salt and zinc. Source: USGS
Mining elsewhere in Africa
South AfricaDR CongoMozambiqueGhanaMadagascarRwandaNigeriaGuineaMoroccoTanzania
World shares: USGS Mineral Commodity Summaries, latest year per mineral. Mineral rents, exports and governance: World Bank WDI and WGI. Trade: CEPII BACI. Projects: listed companies' announcements.
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Cover photos from Wikimedia Commons: The Big Hole by Rudolph Botha, CC BY-SA 3.0.