ethiopia gold discovery

  • Stratex Gold Discovery Northern Ethiopia Investing News

    Stratex Gold Discovery Northern Ethiopia Investing News Network February 21st, 2011 Mineweb reports that Stratex International plc announced positive findings at the Tigray State province in

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  • Ancient Goldmine Discovered in Ethiopia, Are We Close to

    An ancient goldmine discovered on a hill on the Gheralta plateau in northern Ethiopia is said to be the treasure trove of Queen of Sheba, the biblical legend who traveled from Ethiopia to Israel

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  • Gold Price in Ethiopia, Price of Gold in Ethiopia Today

    Gold price per gram today is ETB 1,099.50 in the Ethiopia gold market and the gold rate in Ethiopia today per ounce is ETB 34,198.35. On 25 11 2018, a kilogram (1000 Grams) of gold in Ethiopia was ETB 1,099,502.57 as per the global market.

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  • Altus Strategies makes high grade silver discovery at

    Africa focused exploration outfit Altus Strategies has made a high grade silver discovery at its Daro project in Northern Ethiopia. Altus unearthed silver grades as high as 944 grams per tonne from rock chip sampling at the newly discovered Simret prospect at its 100% wholly owned Volcanogenic Massive Sulphide project in the state of Tigray.

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  • CCTV Ethiopia's new gold discovery seen as a major boost

    Ethiopia has long been known for its coffee exports, but that has been slowly changing with the focus shifting to the gold mining sector.

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  • Gold mining promises big boost for Ethiopia's development

    After gold, tantalum is the next most sought after mineral in Ethiopia. Chinese firms are eyeing a deal with a state owned company that claims it is the world's sixth largest producer.

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  • Ethiopia Gold Mining News Monitoring Service amp; Press

    UK miner reports high grade silver discovery in Ethiopia. UK based Altus Strategies (AIM ALS, TSX V ALTS) announced the discovery of what the company calls the Simret silver prospect at its 100% owned Daro project, located in the Tigray Regional State of northern Ethiopia

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  • Ethiopia Discovers Mine With 40 Tons Of Gold News One

    DDIS ABABA Ethiopia on Tuesday announced the discovery of a mine containing more than 40 tonnes of gold deposit worth 1.7 billion dollars (1.1 billion euros).

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  • quot;Lega Dembi Depositquot; in Ethiopia, Gold Producer

    quot;Lega Dembi Depositquot; is a producer deposit site discovered in 1892 in Ethiopia Territory, Ethiopia. It is a medium deposit, located in the Adolo Goldfield Region mining district and is not considered to be of world class significance. 1 Gold and silver deposits are documented at quot;Lega Dembi Deposit.quot;

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  • gold extraction in ethiopia klabrickellparents

    Egyptian company, Ascom finds largest gold in 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 metals in the

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  • EthiopiaStratex says new Afar gold discovery has high

    Mining company Stratex International plc said its discovery of new gold mineralisation in the northern Afar region of Ethiopia offered signifcant potential. Stratex announced new epithermal gold mineralisation across multiple targets within its 100% owned Blackrock exclusive exploration licence, which covers an area of 299 sq km.

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  • Development by dispossession? A reappraisal of the Adola

    The discovery of oil in the Turkana region of Northern Kenya and the prospect of oil/gas in Ethiopias Lower Omo belt and Ogaden region in addition to the extensive gold mining, renders an analysis of the policy dimension of extractive industries critical.

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  • Mining in Ethiopia

    The Ethiopian Geological Survey of the Ministry of Mines and Energy (MME) with assistance from UNDP and private companies have assessed the mineral and petroleum resources of Ethiopia. The resources discovered in different regions of the country are mainly gold, tantalum , phosphorus , iron , salt , potash , soda ash , gemstones, coal , geothermal and natural gas , apart from many industrial and

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  • Discover Ethiopias sacred sites on a search for the real

    Dec 03, 20180183;32;Legends and rumors trail the elusive Queen of Sheba through the rock hewn wonders and rugged hills of Ethiopia. and much gold and precious stones. purportedly discovered when a

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  • The Ethiopian Gold Mine that may have supplied the Queen

    In 2012, a team of British archaeologists discovered an enormous gold mine in northern Ethiopia, along with a nearby battlefield and the ruins of a temple. The site is located on the high Gheralta plateau and the archaeologists knew it was once part of the realm of Sheba from the 20ft stone stele carved with the image of the sun and crescent moon the emblem of Sheba.

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  • National Mining Announces Gold Discovery in Ethiopia

    National Mining Announces Gold Discovery in Ethiopia Details Written by Meron Tekleberhan Published on 16 March 2012 Category Energy and Mining. National Mining Corporation announced the discovery of gold deposits in Southern Ethiopia estimated at 10 metric tons a

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  • Egyptian company discovers largest gold reserve in

    Mar 22, 20140183;32;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 2010. Two weeks ago Ascom made a presentation to senior officials of the Ministry of Mines about the new discovery.

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  • Can Ethiopias Resource Wealth Contribute to its Growth

    Gold makes close to 100% of mining exports and most of it, about 2/3, comes from artisanal mining, according to a recent World Bank Group (WBG) partner study, Strategic Assessment of

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  • Stratex Gold Discovery Northern Ethiopia Investing News

    Mineweb reports that Stratex International plc announced positive findings at the Tigray State province in northern Ethiopia.

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  • UK miner reports high grade silver discovery in Ethiopia

    The discovery was made at the Daro project, located in the Tigray Regional State of northern Ethiopia. The post UK miner reports high grade silver discovery in Ethiopia appeared first on MINING.

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  • Ethiopian mining company finds the largest gold deposits

    Tigrai Online Jan. 03 2012. After 15 years of exploration and spending 79 million Br, senior managers at National Mining Corporation (NMiC) announced, last week, the discovery of the largest gold reserves ever discovered, in Oromia and Tigray regional states.

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  • GOLD Ethiopia, Africa Research Bulletin Economic

    GOLD Ethiopia 2014 01 01 000000 A large new discovery is announced. An Egyptian company, Ascom Precious Metals Mining , has discovered what is said to be the largest gold ore reserve ever found in Ethiopia.

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  • Ethiopia 568,000kg Gold Reserves Discovered in Two States

    Ethiopia 568,000kg Gold Reserves Discovered in Two States January 4, 2011 Ethiopian mining company National Mining Corporation (NMiC) has found gold reserves estimated to be 568,000 kg from two sites in the country allotted to it for exploration.

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  • Development by dispossession? A reappraisal of the Adola

    The discovery of oil in the Turkana region of Northern Kenya and the prospect of oil/gas in Ethiopias Lower Omo belt and Ogaden region in addition to the extensive gold mining, renders an analysis of the policy dimension of extractive industries critical.

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  • US$5 billions worth gold reserves discovery in Ethiopia

    The National Mining Corporation (NMiC), an Ethiopian private company, announced the discovery of the largest ever gold and base metal reserves in Oromia and Tigray regional states. The mining

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  • Egyptian company discovers largest gold reserve in Ethiopia

    Egyptian company discovers largest gold reserve in Ethiopia By Markos Berhanu On Mar 22, 2014 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.

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  • Tulu Kapi Gold Project A history of repeated discoveries

    The Tulu Kapi gold project is located in the West Oromia region of Ethiopia, approximately 550km west of Addis Ababa. The project is currently being financed by Kefi Minerals Plc

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  • Altus Strategies makes high grade silver discovery at

    Altus Strategies makes high grade silver discovery at Ethiopian asset. The AIM listed explorer also revealed that geological mapping and trenching had revealed that gold and lead were also present at Simret with grades including 3.55 grams of gold per tonne and 2.72% Pb.

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  • Ethiopia could be sitting on one of world's great untapped

    To the west of Ethiopia near the Sudanese border lies a place called the Asosa zone. the Egyptian company ASCOM made a significant gold discovery in the zone in 2016. It probably is no

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  • Geology and Gold Mineralization in the Pan African Rocks

    Gondiunnn Rcsrrrrcli, V. 2, No. 3, pp. 439 447. 0 1999 Iiiteriintioilnl Associcifioiifor ~0ild7i~~lll~ Rcscnrcli, Inpnii ISSN 1.342 937X GR Gondwana Research Geology and Gold Mineralization in the Pan African Rocks of the Adola Area, Southern Ethiopia Solomon Tadesse Depnutnienf of Geology and Geophysics, Addis Ababn University, P.O.Box 11 76, Addis Ababa, Efhiopin (Mniziiscript received

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  • Afar gold sparkles interest Capital Ethiopia Newspaper

    Stratex International Private Limited Company, the (Alternative Investment Market) of the London stock exchange quoted exploration and Development Company, reported that it had found significant gold deposits from drilling at its Megenta hot spring epithermal gold discovery in the Afar region of Ethiopia, which is a joint venture with Thani Ashanti Company, as well as new high grade samples

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  • UK explorer makes high grade silver discovery in Ethiopia

    The discovery was made at the Daro project, located in the Tigray Regional State of northern Ethiopia.

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  • New mines of gold discovered in Ethiopia Sudan Tribune

    October 23, 2009 (ADDIS ABABA) Ethiopia announced on Friday that new mines of gold have been discovered by British and Saudi companies saying it could yield some 41 tonnes.

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  • Ethiopia ASCOM Negotiating for Gold Mining License

    Once the current negotiations have been concluded, the company will be given a large scale gold mining license. According to The Reporter, it was in November 20, 2008 ASCOM secured a gold and base metals exploration license after Ariab Gold Mining Plc, Sudanese and

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  • Ancient city found in Ethiopia sheds new light on country

    Ancient city found in Ethiopia sheds new light on country's history June 19, 2017, University of Exeter A dig in Harlaa, Eastern Ethiopia, has revealed a 12th century mosque.

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  • Oil reserve in Ethiopia may hold up to 2.7 billion barrels

    Tullow Oil has also stakes in Uganda where it first found oil in Lake Albert Rift Basin and then extended its exploration to the East African Rift Basins of Kenya and Ethiopia in 2010. Africa Oil has exploration areas in the Ogaden basin, Kenya and Puntland.

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  • Egyptian company, Ascom finds largest gold 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 2010. Ascom has been prospecting for gold and base metals in the Benishangul region since 2010.

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