Mar 08, 2017 Ezana Mining Becomes Ethiopia's Second Largest Gold Miner. March 7, 2017 - After a decade of exploration and building a gold processing plant in northern Ethiopia, Ezana Mining has become Ethiopia’s second large scale gold mining company, according to Capital. Ezega Mining is one of the sister companies in the Endowment Fund For.Feb 24, 2020 Some 23 local and international companies including global influential players are engaged in the production or exploration of gold in Tigray region. The region that is located in the northern part of the country has enormous potential for the precious metal and other base metals. According to Fisseha Meresa, Licensing Director at Tigray Mining and [ ].
Abyssinian Gold is a gold exploration company focussed on working with the local community to advance its projects along the Arabian Nubian Shield. Our model is to uplift communities through mining. Abyssinian Gold has a premium land holding along strike from Ethiopia’s only modern gold mines, Lega Dembi and Sakaro (over 3 million ounces of.
Oct 02, 2015 Three companies are said to commence production of gold soon, according to the Ministry of Mines of Ethiopia. Dr. Alemu Sime, Mines State Minister told Ethiopian News Agency (ENA) KEFI Exploration Company, National Mining Corporation Plc.
Aug 30, 2021 Ethiopia’s state media, Ethiopian News Agency, on Monday reported that Ethiopia issued Akobo Minerals with a temporary gold mining license. Information available on the company website indicates that it was first granted a license to explore gold in the Akobo region in 2010. The company, headquartered in Sweden, has been doing exploration.
Nov 12, 2014 In addition to the Benshangul Gumuz site, ASCOM has another exploration license in Ethiopia, Gambela State. Thus far the only company engaged in large scale gold mining in Ethiopia is MIDROC Gold. Nonetheless, two years ago in 2012 another firm, Ezana Mining Plc, secured a large scale gold mining license from the Ministry of Mines.
Jan 03, 2012 NMiC is one among several mining companies that the Ministry has granted concession rights to, such as Nyota Minerals (Ethiopia) Ltd and Sheba Exploration Ltd. The latest discovery will give NMiC the competitive edge in the mining industry, when it begins exploiting the 568,000kg gold reserves found in Dawa, Oromia, and Werri, Tigray, company.
KEFI's flagship project is Tulu Kapi in the Oromia Region of Western Ethiopia, located approximately 360km due west of Ethiopia’s capital, Addis Ababa. The planned Tulu Kapi open pit gold mine and processing facility is typical of many such “open-pit-CIL-gold-projects” around the world and uses standard technology and the latest industry practices.
Sep 07, 2021 - Akobo Minerals, a Norway-based gold exploration and development company, today announced that it has applied for a large-scale gold mining license in Ethiopia. The company said that after than 10 years of exploration work, an application was submitted in close dialogue with the Ministry of Mines and Petroleum.
Sep 27, 2021 Ethiopia cancels 27 idle mining licences in push for development. Ethiopia has cancelled 27 idle mining licences and sent warnings to three companies, the mines ministry said on Friday, as the government looks to spur production. Ethiopia has now cancelled 90 mining licences, including 63 it revoked in December.
An Egyptian company, Ascom Precious Metals Mining, has discovered what is said to be the largest gold ore reserve ever discovery in the history of gold exploration in Ethiopia.The discovery is made in the Benishangul Gumuz Regional State, in south- west Ethiopia.Ascom has been prospecting for gold and base metals in the Benishangul region since.
Jul 28, 2018 Gold is Ethiopia's main mineral export and has been mined there since ancient times, primarily as alluvial or free gold. MIDROC Gold, one of the subsidiary companies administered under MIDROC Technology Group, acquired the Legedembi Gold mine from the government through privatization for 172 million dollars in 1997.
- Company established for gold mining operations across Ethiopia. - The parent company has already launched an IPO on ASX for exploration. - Now we have a second project ready to mine in Ethiopia. - The investor can invest USD 2 mn, USD 6mn, or USD 50mn depending on their investment size.
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