DigEthiopia - Stories tagged with gold

gold

Sheik Al Amoudi to get $564 Million at new Oromia gold mine
published 35 days, 19 hours, 44 minutes ago posted by adminadmin 35 days, 19 hours, 47 minutes ago
Friday, July 30, 2010 3:59:28 AM GMT Friday, July 30, 2010 3:56:16 AM GMT
Sheik Mohammed Hussein Ali Al-Amoudi’s Midroc Gold, the only corporate level gold mine in the nation, has sold the total amount of gold it had planned for its annual export. However, it benefited from the global price situation; it actually earned most of the 281.3 million dollars. (more)
Digg It category: Business | comment | | source: jimmatimes.com tags: Al Amoudi, business, gold, Midroc

Income from two new Ethiopian gold discoveries could total $1.7bn/y
published 312 days, 21 hours, 32 minutes ago posted by adminadmin 312 days, 21 hours, 41 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. (more)
Digg It category: Business | comment | | source: www.mineweb.com tags: business, economy, Ethiopia news, Ethiopian news, gold

New mines of gold discovered in Ethiopia
published 312 days, 21 hours, 32 minutes ago posted by adminadmin 312 days, 21 hours, 44 minutes ago
Monday, October 26, 2009 2:11:14 AM GMT Monday, October 26, 2009 1:59:22 AM GMT
Ethiopia announced on Friday that new mines of gold have been discovered by British and Saudi companies saying it could yield some 41 tonnes. Ethiopia says untapped gold reserve could reach 500 tonnes in different parts of the country. Mining regulations give foreign investors incentives such as duty free imports of equipment and repatriation of profits in 1993. (more)
Digg It category: Business | comment | | source: www.sudantribune.com tags: business, Ethiopia news, Ethiopian news, gold

Ethiopia earns $540.5 mln from gold in last decade
published 325 days, 18 hours, 15 minutes ago posted by adminadmin 325 days, 18 hours, 27 minutes ago
Tuesday, October 13, 2009 5:27:55 AM GMT Tuesday, October 13, 2009 5:15:54 AM GMT
Saudi-owned company's mine dominates production Government aims to increase output Up to 1,000 kg of gold a year lost to smugglers (more)
Digg It category: Economy | comment | | source: af.reuters.com tags: economy, Ethiopia news, Ethiopian news, gold

Al Amoudi & Ethiopia's gold
published 329 days, 17 hours, 55 minutes ago posted by adminadmin 329 days, 18 hours, 48 minutes ago
Friday, October 09, 2009 5:48:39 AM GMT Friday, October 09, 2009 4:55:34 AM GMT
ADDIS ABABA - Ethiopia, which according to the latest UNDP report ranks as one of the bottom 11 poorest countries in the world, has huge sizes of gold deposits. But since 1998, says a newspaper, the country's gold has been shipped out secretly aboard the planes of Saudi-Ethiopian billionaire Sheikh Mohamed Al Amoudi. (more)
Digg It category: Politics | comment | | source: ethiomedia.com tags: Ethiopia news, Ethiopian news, gold, Meles Zenawi

SmallCapNews | Nyota Minerals uncovers more gold targets in Ethiopia
published 332 days, 4 hours, 57 minutes ago posted by adminadmin 332 days, 5 hours, 2 minutes ago
Tuesday, October 06, 2009 6:46:28 PM GMT Tuesday, October 06, 2009 6:41:10 PM GMT
Shares in Nyota Minerals rose by 12% today after the mining group said it had uncovered a string of new targets near to its already promising Tulu Kapi project in Ethiopia. (more)
Digg It category: Business | comment | | source: www.smallcapnews.co.uk tags: ethiopia, Ethiopia news, Ethiopian news, gold

Ethiopia export rise over 3 per cent on gold, khat
published 336 days, 18 hours, 53 minutes ago posted by adminadmin 339 days, 18 hours, 25 minutes ago
Friday, October 02, 2009 4:50:46 AM GMT Tuesday, September 29, 2009 5:18:24 AM GMT
Ethiopian exports rose 3.2 percent last month on gold and khat, the Ministry of Trade and Industry said. According to Bloomberg, exports were 133.4 million USD in the 30 days ending September 5, up from 129.3 million USD during the same period last year. Exports of khat climbed 19 [...] (more)
Digg It category: Economy | comment | | source: www.ethioplanet.com tags: Ethiopia news, Ethiopian news, Export, gold, khat