Reji Gold Exploration Project. Reji is a 375.9km2 exploration licence covering the same prospective north-south trending greenstone belt that hosts the Lega Dembi and Sakaro mines (50km to the south). Peak …
Africa-focused Allied Gold, which on Monday listed on the TSX, has approved the expanded Kurmuk project, in Ethiopia, earmarking $500-million for a two …
Reji Gold Exploration Project. Reji is a 375.9km2 exploration licence covering the same prospective north-south trending greenstone belt that hosts the Lega Dembi and Sakaro mines (50km to the south). Peak Results: Highlights of the last modern exploration program completed in late 1990's include…..
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In the western Ethiopian basement complex region, artisanal and alluvial gold mining started in the late nineteenth and early twentieth centuries. Precious base metal and industrial mineral surveys have been conducted in western Ethiopia by many geologists and exploration companies since the beginning of the twentieth century.
Benishangul-Gumuz is a regional state in northwestern Ethiopia bordering Sudan. It was previously known as ... Benishangul-Gumuz is rich in natural resources such as gold, marble, limestone, and other minerals. The region also has significant potential for tourism, with its diverse landscapes and wildlife.
Precious metal miner, Allied Gold announces that it has approved the expansion of the Kurmuk project in Ethiopia, earmarking a USD 500 million injection in …
The bank cited challenges such as smuggling that affected the proper delivery of gold produced by traditional gold producers and MIDROC Legedenbi mining company. Ethiopia earned USD 560 million from gold during the 2021/2022 fiscal year. Gambella, Benishangul Gumuz, Oromia, and South West Ethiopia are known for their …
While gold extraction will begin in the coming years, exploration efforts continue in earnest. The Ministry, working alongside industry partners, is actively supporting existing gold processing companies to pave the way for large-scale production. New companies will be evaluated based on their experience, workforce expertise, and …
Under the 4-year agreement, BEAKA Total plans to mine for gold over Mangish woreda Gambella Regional State. The company said it will start producing gold after completing the construction of a 138.6 million Birr production plant project in two months. It aimed to produce 911, 697 kilograms of gold over four years.
Today, gold occurs in the Pan-African age schist belt and Tertiary basaltic lavas of the Asosa region of Benishangul-Gumuz, western Ethiopia. There is widespread artisanal gold production in the Asosa region, with moderate activity by small numbers of local workers producing relatively large amounts of gold. There is a strong relationship ...
The Benishangul Gumuz Regional State announced that it is going to take away massive mining concessions from companies engaged in the exploration and mining of marble deposits in the region. Benishangul-Gumuz is known for its high quality marble deposits.
After transferring the additional shares to Allied, Qalaa will retain no less than 11.5 million shares in Kurmuk Gold, according to a company report released in May 2024. ASCOM had initially acquired an exploration license for a potential gold mining site in Kurmuk, Benishangul-Gumuz, near the Sudanese border.
The controversy surrounding MIDROC Gold, the first large scale gold mining company in Ethiopia, reached a climax point this week when the Ministry of Mines, Petroleum and Natural Gas (MMPNG) decided to suspend the mining license of the company in the wake of a public outrage against the company in connection with an …
Modern mineral exploration began in Ethiopia in the late 1890's by foreign companies. Gambella, Benishangul Gumuz, Oromia, and South West Ethiopia are known for their gold resources. Gambella Regional State's Akbobo narrow greenstone sub-belt is labeled a high potential target for gold exploration by the Ministry of Mines. Ethiopia …
Benishangul Gumuz region of western Ethiopia. Kurmuk Gold Mine, a wholly owned subsidiary of Allied Gold. Kurmuk has been designed as a two-phase project. …
The three concessionaires will extract and explore gold, marble and copper in Benishangul-Gumuz Regional State with an investment valued at 29.3 million Br and potentially create 57 jobs. Vintage Exploration & Mining secured extraction licenses, while YFY Mining and Shahi Dahi Mining acquired exploration licenses.
Gold mining has a legendary history in Ethiopia, with Ethiopian mines providing gold to the ancient Egyptian empire and possibly even King Solomon's Mines and the Queen of Sheba. Today, gold occurs in the Pan‐African age schist belt and Tertiary basaltic lavas of the Asosa region of Benishangul‐Gumuz, western Ethiopia. There is widespread artisanal …
The Kurmuk Project entails a 4.4tn a-year processing plant that will produce close to 2.4 million ounces over a 12-year mine life based on a definitive feasibility study completed …
"We officially started the construction of a gold processing plant built at a cost of $355M in the Benishangul-Gumuz region," said Takele Uma, minister of Minerals and Petroleum, after laying the foundation stone for the construction along with Ashadly Hassan, the governor of Benishangul-Gumuz Takele Uma on Friday.
On the other hand, L-Net has allocated Birr 148.2 million to produce 440.58 kilograms of gold within four years in Assossa and Hudulu woredas which are located in Assossa zone of Benisgangul Gumuz. The license grants the company to engage in gold production for 10 years. The companies are expected to begin operation within the …
Benishangul Gumuz region establishes a committee to undertake a process to clear the mining area of Kurmuk Gold Mine (KGM), a large scale mine, from illegally settled artisanal miners, who occupied the area following the declaration of huge amounts of the precious metal at KGM's mining and exploration license area. During the latest high …
Addis Ababa, April 16, 2021 (FBC) –The construction of Kumruk gold processing plant has been commenced in Benishangul Gumuz regional state. Engineer Takele Uma, Minister of Mines and Petroleum, and Ashadli Hassen, Chief Administrator of Benishangul Gumuz regional state officially launched the project. It will be built at a cost of $355 million.
Modern mineral exploration began in Ethiopia in the late 1890's by foreign companies. Gambella, Benishangul Gumuz, Oromia, and South West Ethiopia are known for their gold resources. Gambella Regional State's Akbobo narrow greenstone sub-belt is labeled a high potential target for gold exploration by the Ministry of Mines.
The Kurmuk Gold Project (Kurmuk) is located in the Benishangul Gumuz region of western Ethiopia. Virtually untapped and abundant, Ethiopia is home to considerable gold …
Mega Mining Ltd is a company established recently in 2022 at Addis Ababa Ethiopia by having a vision of exploration and Mining of different Industrial Metals and ornamental minerals like Gold, Lithium and Pegmatite related REEs.. Mega Mining is established by highly experienced and visionary partners who have more than 20 years of experience …
Addis Ababa, Ethiopia – 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 …
The Asosa area in the Western Ethiopian Shield which is the focus of this study has been one of the targeted areas for placer gold mining by artisanal workers since the 1930s (Bullock and Morgan ...
The Council of Ministers (CoM) ratified seven large-scale mining licenses, of which, four licenses will be granted to companies that have requested to extract the …
Benishangul Gumuz has an estimated area of 51,000 square kilometers and is located in the north-western part of Ethiopia. It shares common borders with the State of Amhara in the east, the Sudan in the north-east, and the State of Oromia in the south. ... Its natural resources include precious minerals such as gold and copper. ...
Local Firms Sign Deals with Govt to Produce Gold in Gambella, Benishangul. April 20, 2023. ADDIS ABABA – Two local mining companies signed agreements with the government on Wednesday to …
