Danakali ESG Framework

Developing mining jurisdiction Bisha Mine Owned 55% by Zinjin Mining 45% by ENAMCO First industrial mine in the country since independence (1991) Gold, copper, zinc 1468 Employees, 95% Eritrean Sold for CA$ 1.86 Billion to Zijin Mining (2018) Zara Mining Share Company Owned 60% by China SFECO Group (sub of Shanghai Construction Group Co.) & 40% by ENAMCO Gold, copper, zinc 80 - 140koz 134 employees, 93% Eritrean M&A: Purchased from Australian miner Chalice Gold in 2014 for US$ 78M Asmara Mining Share Company Owned 60% by China Sichuan Road & Bridge Mining Inv Dev Corp. & 40% by ENAMCO Copper, zinc, gold, silver 230 employees, 94% Eritrean Purchased from Canadian miner Sunridge Gold in 2016 for US$ 65M SBM 世邦集团 DANAKALI

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