Gold Mining News in Ethiopia

Allied Gold Corporation
Allied Gold Corporation
AAUC
Gold
Ethiopia

Allied Gold Energizes Power Line, Feeds First Ore to the Crushing Circuit as the Kurmuk Mine Progresses Toward Completion of Commissioning and Transitions to Operations

Allied Gold has achieved a major milestone at the Kurmuk Mine in Ethiopia with the successful energization of the electrical grid connection and the feeding of first ore into the crushing circuit. The company provided production guidance of 240,000 to 270,000 ounces for the first full year and noted a 2.7 million ounce Proven and Probable reserve base.

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East Africa Metals Inc.
East Africa Metals Inc.
EAM
Ethiopia

East Africa Metals Provides Update on Ethiopia Projects and Regional Developments

East Africa Metals has secured four-year extensions for its Adyabo and Harvest mining licenses in Ethiopia, valid through 2028. The company also reported improved regulatory engagement in the Tigray region and confirmed its partner's commitment to advancing the Mato Bula and Da Tambuk gold deposits.

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Sun Peak Metals Corp.
Sun Peak Metals Corp.
PEAK
Ethiopia
Drill Results

Sun Peak Metals Identifies Several New VMS Gossans Returning up to 29.2 g/t Gold and 118 g/t Silver and Provides Target Development Update

Sun Peak Metals has identified several new gold-rich VMS gossans at its Shire Project in Ethiopia, with rock grab samples returning high-grade assays up to 29.2 g/t gold and 118 g/t silver. These new targets expand the project's exploration potential, and the company is conducting geophysical surveys to prioritize future drill locations. While the results are promising, they are from early-stage surface samples and require follow-up drilling to determine continuity and economic viability.

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East Africa Metals Inc.
East Africa Metals Inc.
EAM
Ethiopia

East Africa Metals Prepares to Test High Priority Drill Targets Including Halima Hill at the Adyabo Project, Ethiopia

East Africa Metals has outlined its exploration strategy for the Adyabo Project in Ethiopia, focusing on high-priority targets like Halima Hill and Silica Hill. The company plans to initiate drilling at Halima Hill in Q2 2024 to test an IP anomaly and potentially expand the known mineralized footprint.

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East Africa Metals Inc.
East Africa Metals Inc.
EAM
Ethiopia

East Africa Metals Provides Ethiopian Update

East Africa Metals provides an update on its Ethiopian gold, copper, and zinc projects, noting that exploration is currently paused due to political unrest and COVID-19. The company is formally disputing the Ethiopian Ministry's purported termination of exploration rights for license EL00057, which it claims were wrongly granted to a third party.

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