talks with Nevsun, Sunridge
Two resource companies
under a stop-work order in Eritrea have been invited to government meetings to
discuss the ban. In separate statements, Nevsun Resources Ltd. and Sunridge
Gold Corp. yesterday said they had received letters from the government of
Eritrea requesting "consultation meetings." The companies have been
under a stop-work order since Sept. 2. Before the order, Nevsun had been
drilling the Bisha copper-gold project in Eritrea. Nevsun also has projects in
Mali. Sunridge had been working on the Asmara copper-gold deposit in Eritrea.
Nevsun president John Clarke said the request for a meeting from the Eritrean
Minister of Mines is "very encouraging." The government has given no
details or reasons for the order. Eritrea was at war with neighbouring Ethiopia
between 1998 and 2000, and there is currently a border dispute between the two
countries. NSU (TSX) rose 76 cents to $2.90. SGC (TSXV) rose 45 cents to $1.12.