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Eritrea reopens

THE Eritrean Government has lifted a previously unexplained ban on foreign exploration in the African country, with the biggest change being it now has an option to acquire up to 30% of any project, up from the previous 20%.

Rebecca Keenan
Eritrea reopens

The change was made following a review of the Mining Act. The share price of Eritrean-focused Australian junior Sub-Sahara Resources responded positively to the news, rebounding nearly 40% this morning...

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