Income from two new Ethiopian gold discoveries could total $1.7bn/y

published 835 days, 12 hours, 44 minutes ago posted by adminadmin 835 days, 12 hours, 52 minutes ago
Monday, October 26, 2009 2:11:14 AM GMT Monday, October 26, 2009 2:02:26 AM GMT

Two mining companies have discovered gold deposits in Ethiopia that could yield up to 41 tonnes, a top government mining official said on Friday. Gebre Egziabher Mekonen, head of the Mineral Operation Department in the Ministry of Mines and Energy, told Reuters the Golden Prospecting Mining Co., a British firm, had found a deposit of about 23 tonnes in western Ethiopia.

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