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Akobo Minerals applies for gold mining license in Ethiopia ...

– 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 more than 10 years of exploration work, an application was submitted in close dialogue with the Ministry of Mines and Petroleum.

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Ethiopia issued Akobo Minerals with temporary gold mining ...

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 ...

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Akobo gets a second drill rig working at Ethiopia project

Jul 08, 2021· Norway-based gold explorer Akobo Minerals has procured a second drill rig to start core drilling on the Segele project, in Ethiopia. …

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Mining in Eritrea: could a new potash project spur ...

May 22, 2019· Despite having varied mineral resources available within the nation, there has been little development so far. There are currently only two mines in operation in Eritrea: gold, copper and zinc mine Bisha, which is 60% owned by Nevsun Resources, and gold mine Zara, which is 60% owned by Shanghai Sfeco Group of China.

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Kairos Minerals (ASX:KAI) identifies four gold targets at ...

Sep 16, 2020· Kairos Minerals (KAI) has identified four gold targets at its Kangan Project in WA's Pilbara region. Among the new targets is a large gold target, which sits in a favourable geological position for potential intrusive-hosted gold discoveries. Kairos is now planning a round of aircore drilling at the Kangan, to further test these new targets.

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East Africa prepares C$2.7M exploration program for ...

Feb 01, 2021· EAM has invested USD$66.8M in African exploration since 2005 and identified a total of 2.8 million ounces of gold and gold-equivalent resources representing an average discovery cost per ounce of ...

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Ethiopia finalizing mining industry reforms: minister ...

Feb 05, 2019· Ethiopia will finalize reforms for its underdeveloped mining and oil sectors within the next two months as it seeks to encourage more foreign investors, its mines and petroleum minister said on ...

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Ethiopia Natural Resources News Monitoring Service & Press ...

Sep 27, 2021· Norway-based gold explorer Akobo Minerals has procured a second drill rig to start core drilling on the Segele gold project, in Ethiopia. The drilling is an important part of increasing the project's mineral resource, advancing the Joru target in …

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Regulatory News & Alerts – Akobo Minerals

Sep 07, 2021· The Segele gold target was first discovered by Akobo Minerals geologists and previous assays from diamond-drilling have demonstrated high- and bonanza-grade results within a narrow (approx. 20m wide) gold zone. The gold is predominantly present as large grains easily visible to the naked eye (coarse-gold type mineralization).

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Akobo Minerals applies for gold mining license in Ethiopia ...

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 more than 10 years of exploration work, an application was submitted in close dialogue with the Ministry of Mines and Petroleum.

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News | Altus Strategies Plc.

High resolution ground geophysics and a concurrent gold in soil survey are defining priority targets for a systematic trenching programme. The Laboum licence hosts a number of artisanal gold mining sites and grab samples have returned grades up to 24.50 g/t Au from quartz veins and 6.86 g/t Au from the sheared metasedimentary rocks respectively.

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KEFI Minerals Mining in Ethiopia Final - KEFI Gold and Copper

•In Ethiopia: 95% of KEFI Minerals Ethiopia (KME) with Govt 5%. In Saudi Arabia: 40% of Gold & Minerals (G&M) JV with Saudi partner ARTAR. •In Ethiopia, Tulu Kapi (TK), on track for KEFI to be gold producer by 2017: o KEFI bought TK in Dec 13: 2Moz Resource, including 1M oz Reserve for $10/oz o Mining Licence Application submitted 6 Oct 14 ...

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Ethiopia's mining revenue falls sharply - capital Newspaper

May 13, 2019· Other than gold, which is the county's major export mineral, Ethiopia exports: sapphire, opal, tantalum, emerald, gemstones, marble, and other metallic and non-metallic minerals. The country is also endowed with huge deposits of phosphate and potash minerals. Presently, mining contributes only 1 percent of Ethiopia's GDP.

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Djibouti improves mining code to target investment

Aug 01, 2016· Djibouti improves mining code to target investment. Authorities identified salt – historically known as "white gold" and the main mineral produced in Djibouti – as the first priority for development. Djibouti, through its revamped mining code, aims to capitalise on its largely unexploited mineral wealth and focus on attracting upstream ...

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NATIONAL REPORT ON MINING - United Nations

Federal Democratic Republic of Ethiopia. (Addis Ababa, November 2009) Content 1. Introduction 1.1 Background of the Mining sector of Ethiopia 1.2 The vision of the Ethiopian mining sector 1.3 Executive institution of the mineral sector of Ethiopia 2. Legal regime 3. Status of the mineral sector investment 4.

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Azure Minerals (ASX:AZS) confirms mineralisation at ...

Apr 07, 2021· Azure Minerals is up 3.28 per cent and trading at 32 cents per share. Azure Minerals (AZS) has intersected significant nickel and copper sulphide mineralisation at the Andover Project's VC-23 prospect. The Andover Nickel–Copper Project, which Azure Minerals owns 60 per cent of, is located in Western Australia.

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Ethiopia revokes 27 inactive mining licences in cautionary ...

May 14, 2021· Ethiopia, which has a mostly artisanal mining industry, is on a quest to woo foreign companies to start projects in the country, which is rich is potash, gold, tantalum, sapphires and construction minerals. Gold mining has seen a record growth in the past year, despite restrictions brought by the global pandemic.

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Abyssinian Gold - Developing community centred gold operations

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 gold). Our flagship project, the Okote Gold Project, has an JORC Inferred Mineral Resource estimate of 7.7 million tonnes at 2.8 g/t for 700,000 ...

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Ethiopia plans producing 137,000 kilograms of gold – New ...

Jul 01, 2019· The country has also set a target to produce 100,000 tons of marble and 30,020 tons of other industrial minerals and 30,000 kilograms of minerals used for jewelries. In the last three months, Ethiopia has earned $178 million from export of gold.

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(DOC) COURSE: ENTERPRENEURSHIP BUSINESS PLAN FOR BULEN ...

The only large scale primary gold mine in the country is the Lege Dembi gold mine that started production in the late 1980s with an annual production capacity of 3 tons of gold. 2.Executive summary Gold mining in Ethiopia has a long history. But the gold deposit has been mined traditionally by the traditional miners for several thousand years.

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Ethiopia Mineral Sector Review - All Documents

Table 1: Ethiopia: Official Mineral Production Table 2s Ethiopian Mineral Resources Development Corporationt State_ent of Revenues and Expenditures Table 3s Ethiopia: Investmnt in Mining Sector, 1981g2-198819 Table 4s Selected Targets of DIRDC and ZLMICO Under 1986189 Three-Year Plan Table 5: Contribution of Mining Sector to Economy, 1986-1995 ...

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Akobo gets a second drill rig working at Ethiopia project ...

Jul 08, 2021· Norway-based gold explorer Akobo Minerals has procured a second drill rig to start core drilling on the Segele gold project, in Ethiopia. The drilling is an important part of increasing the project's mineral resource, advancing the Joru target in particular and supporting ongoing mining studies, Akobo reports.

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East African Mining News - Unearthing mining opportunities ...

The East African Mining News is a premier source of news on mining developments in East Africa's most important emerging industry. The publication is an essential source of information for those involved in the East African mining industry. The only target voice to …

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Federal Democratic Republic of Ethiopia

-Circum minerals applied for large scale potash mining. 2.7 million tons ROM Advanced & development stage exploration for Gold & Base metals; -Kefi Minerals, acquired gold and silver mining licenses and is on development stage in Oromia, western Ethiopia. -Midroc-Metekel project is also at final stage to be granted Mining license - -

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DRAFT MINERAL RESOURCES DEVELOPMENT POLICY

The value adding in minerals and quarrying in Ethiopia was/were growing at a rate of 25.9 percent between 2008/9 and 2012/13. Its contribution to the Gross Domestic Product (GDP) in 2012/13 was 1.4 percent. During the fiscal year 2012/13 and …

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Gold mining promises big boost for Ethiopia's development ...

Aug 30, 2012· British firm Nyota Minerals is about to become the first foreign company to receive a mining licence to extract gold from an estimated resource …

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Ethiopia mining regulatory review | IHS Markit

Feb 15, 2019· At present, royalties for precious minerals, which include Ethiopia's highest-value mineral export, gold, are set at 7% and corporate income tax at a flat rate of 25%, which was lowered from 35% in 2016, while corporate tax for petroleum operations was reduced from 30% to 25% the same year.

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Akobo Minerals – Company of gold exploration

Aug 30, 2021· Akobo Minerals. is a gold exploration company focusing on projects along the Akobo river in southwestern Ethiopia, a prolific area with extensive alluvial gold production. Our story starts in 2009 with the launch of alluvial production as well as exploration in the Akobo area. The initial alluvial mining continued until 2013 when the decision ...

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Ashenafi Meressa - Exploration Geologist - Altus ...

Ethiopia Mining & Metals. Altus Strategies. ... Geophysics, prospecting and target generation, mapping and trench logging ... The Gold Mining Group. Geology & Exploration in Mining.

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Gold Discoveries on Zager VMS Licence in Northern Ethiopia

Aug 15, 2019· DIDCOT, UK / ACCESSWIRE / August 15, 2019 / Altus Strategies Plc (AIM:ALS) (TSX-V:ALTS), the Africa focused project and royalty generator, announces the discovery of multiple hard rock gold workings at its owned, 285km2 Zager exploration licence ("Zager") which is targeting Volcanogenic Massive Sulphide ("VMS") gold deposits in the Tigray …

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Liberalisation and tapping Ethiopia's mining sector - The ...

Dec 28, 2020· Artisanal gold mining. Small-scale artisanal miners currently dominate Ethiopia's gold industry. [Photo/Mining Africa] Read also: Zimbabwe: Gold revenue up 48 per cent Ethiopia's new mineral policy extensively discusses the issue of creating linkages in the economy to support industrialization and is also inward-looking as it focuses on creating …

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Ethiopia gold production increases threefold – New ...

Jan 29, 2020· Ethiopia gold production increases threefold. Gold production of Ethiopia by artisan miners over the past three months starting July 7, 2020 has increased by close to 300 compared to the target set by the Ministry of Mines and Petroleum of Ethiopia (MMP). The artisan miners in the country has produced 2241 kilograms of gold, which is almost 299 ...

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Akobo applies for large-scale mining licence for Ethiopia ...

Sep 08, 2021· Gold explorer Akobo Minerals has applied for a large-scale gold mining licence following ongoing successful drilling and a high-grade …

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