gold mining companies in ethiopia tigray region

East Africa Metals on schedule in Ethiopia despite unrests

Jan 13, 2021The company said that construction and production plans remain unchanged, with the start of construction now anticipated in early 2021 with a one-year construction timeline to complete the parallel development of both mining operations. By Vladimir Basov For Kitco News Follow minesmetals vbasov@kitco

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'Look after my babies': In Ethiopia, a Tigray family's quest

Apr 23, 2021A handmade dress for 4-month-old Tigrayan twins Aden and Turfu Gebremariam, made from cloth belonging to their deceased mother, Letay, is seen inside the family's shelter in Hamdayet, eastern Sudan, near the border with Ethiopia, on March 14, 2021. Letay experienced a seemingly normal pregnancy in the Tigrayan region of Ethiopia.

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Canada continues to provide financial support to the Ethiopian ...

Oct 14, 2021The reporting suggests that the Canadian government's lacklustre response to the humanitarian catastrophe may be influenced by its desire to protect the millions of dollars it has spent to reform the mining sector in Ethiopia and protect the investments of domestic mining companies that believe the region "holds billions of dollars in gold ...

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Tigray in Ethiopia Archives - WhyAfrica

Aug 3, 2022Akobo's Segele in Ethiopia is WhyAfrica's Pick Of The Week Scandinavian based Akobo Minerals is ramping up activities in preparation to start mining at the Segele gold project in[.]

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Ethiopia's Tigray leader confirms firing missiles at Eritrea - Yahoo!

Nov 15, 2020The leader of Ethiopia's rebellious Tigray region has confirmed firing missiles at neighboring Eritrea's capital and is threatening more, marking a huge escalation as the deadly fighting in northern Ethiopia between Tigray forces and the federal government spills across an international border. Tigray regional President Debretsion Gebremichael, in a phone interview Sunday with The ...

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Canadian miners pursue prospects in war-torn Tigray

Oct 4, 2021One of the companies, East Africa Metals Inc., has privately written to the government to suggest that its partners are ready to invest US$120-million in Tigray. In the same letter, the company demands improvements to the security of its tenure, so that it can fend off claims from a rival Canadian company.

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Gold Businesses for Sale and Investment Opportunities

Buy or Invest in a Gold Business. Gold mine company searching for potential buyers. Copper and gold mineral exploration, mining, and processing in pre-revenue stage seeking equity investment. Gold mining company with two concessions of 114 square kilometres is looking for an investor. Hardrock gold deposit has world-class potential & alluvial gold mining resources has US$22.4M value.

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Ethiopia's Mining Sector Has Seen Record Growth Despite Restrictions ...

May 22, 2021Currently, there is only one large scale gold mining company, Midroc Legedembi Gold Mine, which is privatized from government ownership in 1997 operates an open pit mining in Ethiopia. Midroc Gold...

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Ethiopia vows to remove barriers to investment in mining

U.S. gold miner Newmont GoldCorp is exploring in Ethiopia's Tigray region. While Ethiopia's conference pitch focused on industrial mining, analysts say it cannot achieve its goal solely by...

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Neoliberalism has enabled genocide in Tigray - Ethiopia Insight

Jul 1, 2022A leaked report accused Canada of covering for Canadian mining companies operating in Tigray. Among them is East Africa Metals, a Vancouver-based company that is seeking to expand its existing mining interests in Tigray amid the war. Nevsun's former CEO, Andrew Lee Smith, now holds that position at East Africa Metals.

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East Africa Metals Requests Gold Mining License

East Africa owns 70pc of the Harvest Tigrai Gold project, near Shire town, 1,065km north of the capital. Back then, the company discovered 17,000 ounces of gold and 812,000 ounces of silver. East announced on August 11, 2016, that the total amount of mineral resources in the licensed area is estimated to be 1.12 million tonnes.

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Jan Nyssen provides a devastating critique and comprehensive archive of ...

Jun 7, 2022One of the reasons for the Canadian government avoiding to officially address the atrocities in the Tigray war might be related to the country's mining interests in Tigray. Theactive and applied mineral exploration and mining licenses for Tigray's gold and base metal resources have been mapped. The largest exploration license areas are ...

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Seven killed in Ethiopia mine collapse | Africanews

Feb 23, 2022According to the Ethiopian Ministry of Mines and Petroleum, Ethiopia had secured 682 million U.S. dollars from the minerals and gemstones mining sectors during its 2020-2021 fiscal year, this was ...

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African Mines Online - mining

Ethiopia: Gold (Au) Surface: Exploration: Babicho Gold Project ... Exploration: Da Tambuk Gold Project (Adyabo Property) Southern part of the Arabian Nubian Shield in the Tigray region of northern Ethiopia (14.213800, 38.937097) Ethiopia: Gold (Au) Underground: Mines: ... Surface: Projects: Daro: 95km west of the Company's Tigray-Afar project ...

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Fossil Energy Sources Discovered in Tigray, Says Regional Chief

The Tigray region, located in the north most part of the country has, in particular, huge deposits of oil shale as the region is covered by the sedimentary rock, according to Debretsion. "Just by crushing and melting the rocks on the stated areas, it will be possible to produce the fuel resource," the deputy chief was quoted as saying.

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Ethiopian Airlines warns travelers of growing ... - The Reporter Ethiopia

Aug 13, 2022The Scandinavia-based Ethiopian gold exploration and boutique mining company, Akobo Minerals, has signed a mandate letter with an international debt arranger for a contemplated loan of up to USD eight million.

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Air strike hits Ethiopia's northern Tigray region capital - hospital ...

Sep 13, 2022NAIROBI, Sept 13 (Reuters) - An air strike hit the capital of Ethiopia's northern Tigray region on Tuesday, an official at a hospital said. The air strike happened days after Tigray's regional government said it was ready for a ceasefire and would accept an African Union-led peace process in its war with the central government that erupted in November 2020.

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Zijin to take stake in East Africa's Harvest - Mining Journal

Jul 27, 2021Chinese company to fund development under LOI

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One Killed in Air Strike in Ethiopia's Tigray, Hospital Says

4 days agoOne Killed in Air Strike in Ethiopia's Tigray, Hospital Says. U.S. News & World Report - By Reuters • 19h. NAIROBI (Reuters) - An air strike in the capital of Ethiopia's northern Tigray region killed one person on Friday, a hospital chief executive said, .. Read more on usnews.

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Tigray reveals first mineral resource estimate from ... - Mining Technology

Canadian mineral exploration company Tigray Resources has revealed compliant gold, copper, silver and zinc mineral resource estimate for the Terakimti volcanogenic massive sulfide (VMS) deposit at Harvest project. Harvest project is 70%-owned by Tigray Resources and is located in the Arabian Nubian Shield in northern Ethiopia.

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New Business Ethiopia - Covering Business & Economy Since 2009

KEFI Minerals, the gold exploration and development company with projects in Ethiopia and Saudi Arabia, announces that at its General Ethiopia gold mining secures 1.5 billion Birr investment April 21, 2022 3 min read Ethiopia gold export increases to $672 million March 29, 2022 1 min read Gold mining in Gambella, Ethiopia commences operation

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Justin Trudeau's heartless hypocrisy - The Critic Magazine

Jun 6, 2022W ar and gold lust. They have been part of the human experience for thousands of years, and they don't seem to be getting any less popular. Gold deposits, along with other precious minerals, in the northern Tigray region appear to be a significant reason behind why Canadian Prime Minister Justin Trudeau has not spoken out more forcibly against Ethiopia's now 18-month-long conflict and all ...

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Mining Firm's License Renewal Fuels Protests in Ethiopia - VOA

The Ethiopian government's renewal of a MIDROC mining license sparks protests in the country's south, including in the Oromia region's town of Goro Dola, May 3, 2018.

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East Africa Metals Provides Update on Exploration Drilling

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 6, 2014) - East Africa Metals Inc. (TSX VENTURE:EAM) ("East Africa" or the "Company") is pleased to provide an update of operations and work ...

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Ethiopia - Mining - Country Studies

During the Italian colonial period, a few companies started iron-mining operations in Eritrea but abandoned them after the Italian occupation ended in 1941. In the late 1980s, prospectors identified iron ore deposits estimated at 20 million tons in the Agametta region (near Mitsiwa) and another l60,00 tons of iron ore in Welega and Bale.

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Ethiopia Freezes Assets of Fund Accused of Backing War in Tigray

Nov 18, 2020Intensifying a government campaign to gain control of the state, the Attorney General's Office targeted 34 subsidiaries of the Endowment Fund for the Rehabilitation of Tigray. The fund, administered by the Tigray People's Liberation Front, controls some of Ethiopia's biggest businesses, including Sur Construction and Ezana Mining Development.

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New front opens in Ethiopia's resurging Tigray war

Aug 31, 2022The latest strike follows a hit on a children's play area on Friday that killed seven people, including women and children

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'Horrible:' 64 dead in Ethiopian airstrike on Tigray

Jun 24, 2021ADDIS ABABA, Ethiopia (AP) — Ethiopia's military on Thursday said it was responsible for a deadly airstrike on a busy marketplace in the country's Tigray region. Health workers said the attack...

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New hope for Ethiopia - WhyAfrica

Jan 10, 2022Although the Tigray region in Ethiopia remains volatile, there is renewed hope for peace and stability, writes Leon Louw, WhyAfrica's founder and editor. Hopes are high that Ethiopia will somehow turn the corner in 2022. The devastating war in the Tigray region remains a humanitarian crisis. The 14-month long conflict has left the northern ...

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Altau Resources granted Zager exploration licence in Ethiopia

The Zager exploration licence is held by Altau Resource, the company's 100% owned Ethiopia focused subsidiary. The Licence is in the Semien Mi'irabawi Zone of Tigray in northern Ethiopia, approximately 175km northwest of the Tigray state capital of Mekele and 610km north of Ethiopia's capital, Addis Ababa.

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Gold Mining Businesses for Sale and Investment Opportunities

- The international mining companies "Battle Mountain Gold Company" and "Newmont" participated as its majority shareholders until July 2009. - Since 2009, the company has been owned 100% by Bolivian shareholders. - In 30 years of mining operation, the company exported more than 4 million ounces of gold and more than 12 million ounces of silver.

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Ethiopia gold mining: Asosa region has one of world's great untapped ...

One is at Lega Dembi slightly to the east, owned by Saudi interests. The other, at Tigray in the north of the country, is owned by American mining giant Newmont, and just started production late...

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Ethiopia's 'simmering civil war' threatens to erode ... - CNBC

Mar 12, 2021Ethiopia's Ministry of Trade and Industry estimates that the closure of factories and mining sites in Tigray since early November is costing the Ethiopian economy around $20 million per month ...

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Stella Trade Join Ethiopia's Gold Extractors - Addis) Fortune

The woreda is known for traditional gold mining. The report by the Transparency Initiative indicates that Ethiopia has a reserve potential close to 200,000 tonnes of gold minerals. Gambella is among the highest contributors of gold, standing third with 14pc, while Oromia and Tigray take 40pc and 27pc of the supply portion, respectively.

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Potash a key focus for Ethiopia's mining push - draft document

Kefi Minerals' Tulu Kapi site in the west of the country is expected to produce its first gold in 2021, executive chairman Harry Anagnostaras-Adams said. U.S. gold miner Newmont GoldCorp is...

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Ethiopia - Market Overview - International Trade Administration

Jul 21, 2022According to the National Bank of Ethiopia (NBE), agriculture, industry and services have contributed 32.5%, 29.3% and 39.6% to the GDP, respectively, during the 2020/21 Ethiopian fiscal year as opposed to 32.7%, 29% and 40% in 2019/2020. The agriculture sector's share of GDP shrank by 18% between 2006 and 2021, while the service and ...

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East Africa Metals secures mining licences for two deposits in Ethiopia

Canadian mineral exploration company East Africa Metals has secured approval for mining licences for the Mato Bula Gold Copper and Da Tambuk Gold Deposits in Ethiopia. The company focuses on exploration and development projects in Africa. The gold deposits are part of the company's 100% owned Adyabo Project, located in the Tigray National ...

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Ethiopia: Canadian Mining Firm Tapped Gold in Tigray - 2merkato

Tigray Resources Inc., a Canadian mining firm working in Ethiopia has announced that it has found gold and copper in the Tigray State, according to The Reporter. The company said it found the minerals on its second phase drilling and after it completed a 1117 meters drilling.

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Gold Discoveries on Zager VMS Licence in Northern Ethiopia - ACCESSWIRE

The Zager exploration licence is held by Altau Resources Limited, the Company's 100% owned Ethiopia focused subsidiary. The licence is located in the Semien Mi'irabawi Zone of Tigray in northern Ethiopia, approximately 175km northwest of the Tigray state capital of Mekele and 610km north of Ethiopia's capital, Addis Ababa.

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Ethiopian mining company finds the largest gold deposits in Tigrai and ...

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 officials disclosed. When it starts production, the Corporation will operate the largest goldmine in Ethiopia, with the capacity to produce 6,000kg of gold from ...

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