Wednesday, March 22, 2023

Tag: Gold

KEFI minerals raises 3.7 mln pounds additional investment for Tulu Kapi gold mine

The UK gold exploration and development company, KEFI Minerals, has raised an additional investment capital of GBP 3.7 million for the development of the Tulu Kapi gold mine in Western Wollega, in the Oromia Regional State.

Spanish, Australian firms partner to prospect for gold

A Spanish firm, CRAU, has partnered with an Australian mining firm, MEGADO, to prospect for gold ore in Southern Oromia region.

Ministry to release report on MIDROC’s gold mine

The Ministry of Mines and Petroleum on Wednesday announced that it will release the inquiry report on the alleged environmental pollution caused by the MIDROC Gold Mine in the Lega Dembi locality, Oromia Regional State. 

Council of Ministers to endorse mining licenses

The Council of Ministers is scheduled to approve two mining licenses presented by the Ministry of Mines and Petroleum today.

Canada to support study on Lega Dembi Gold Mine

The Canadian Embassy in Addis Ababa is going to finance the environmental impact assessment on the controversial Lega Dembi Gold Mine run by MIDROC Gold.


“Massive” cyber attack crashes African Union’s system

Cyber attackers prey on the African Union, resulting in...

“We are buffer zone for Ethiopia”

Essa Kayd Mohamoud is the foreign minister of Somaliland,...

Finance minister reveals USD 20 billion required for war recovery

Portion of the finance needed for rehabilitation of 250,000...

Demolition sweeping Addis

Last week, demolition was the talk of the town....