Zijin Mining intends to acquire stake in Ethiopia’s Harvest Project
East Africa Metals’ subsidiary Tigray Ethiopia owns a 70% stake in the Harvest copper-gold-silver-zinc project.
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Ethiopia revokes licences of 27 idle mines
Ethiopia has revoked the licences of 27 idle mines held by three companies, as the country looks to encourage production.
KEFI and partners to start Tulu Kapi Gold Project development
Exploration and development company KEFI and its partners in Tulu Kapi Gold Mine Share Company (TKGM) have confirmed development work…
Altau Resources secures exploration licence for deposits in Ethiopia
Africa-focused mineral exploration company Altus Strategies subsidiary Altau Resources has been granted a three-year exploration licence for the Zager copper/gold…
East Africa Metals signs LOI to advance Ethiopian mining assets
East Africa Metals (EAM) has executed a binding letter of intent (LOI) with Chinese company Tibet Huayu Mining to advance…
M&As this week: CITIC Metal, KEFI Minerals, Tharisa
CITIC Metal has reached an agreement to acquire a 19.9% stake in Ivanhoe Mines for a sum of $556.87m.
Ethiopian syndicate signs deal to gain 30% interest in KEFI Minerals
An Ethiopian investment syndicate has signed a deal to acquire a 30% ownership in KEFI Minerals (Ethiopia) (KME), which holds…