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- MIDROC Gold Mine plc (owned by Sheikh Mohammed Hussein Ali Al-Amoudi) operates the Lega Dembi mine in southern Ethiopia. Production averages 3,5 t gold per year. It is an open pit operation and reportedly has reserves of 70 00 kg gold. MIDROC announced in February, 2008, that drilling of the Sakari deposit indicated a resource of 17 250 kg of gold. Wardell Armstrong International is doing the exploration on behalf of MIDROC. Gold was discovered at Sakari in 1975 by prospectors and subsequently confirmed by Russian geologists. MIDROC is also exploring at Metekel Zone to the west in the Benishangul Gumuz Regional State and at Ulaulo, south of Lega Dembi mine.
- National Mining Corporation (also owned owned by Saudi tycoon Mohammed Hussein Al-Amoudi, who was born in Ethiopia) announced a mineable gold discovery at Dawa Dagiti in southern Oromia region. The company has concession right to explore for minerals in 85 square kilometres in the area. The company was also studying evidence of large silver deposits in northern Amhara and Tigray regions.
- Nyota Minerals Limited is focused on the exploration and concurrent development of Tulu Kapi in Western Ethiopia. The Tulu Kapi mine lies in the northern sector of Arabian-Nubian Shield which is depicted as a granite-greenstone terrain. The deposits of the mine are hosted in Upper Proterozoic age intrusive rocks which cut through a volcano-sedimentary succession to form mafic and sericite schists. Gold mineralisation is hosted by a coarse-grained syenite pluton into which a stream of dolerite dykes and sills were intruded. The mine also hosts Precambrian to Tertiary age group rocks. The Precambrian rocks comprise granite, low rated volcano-sedimentary rocks consociated with mafic to ultramafic intrusions and meta intrusive rocks. Gold mineralisation occurs in veins, breccia and crackle zones of the Proterozoic syenites along with intrusions of porphyritic syenite, diorite and dolerite. It is affiliated with albitisation zones which contain quartz and sulphide veins. The ore present in the deposits is expected to contain gold mixed with pyrite and silicate gangue. The mine comprises four lode structures, designated 1, 2, 3 and 4, which are parallel to each other below the earth surface. The structures are separated by +60m or - 60m barren syenite area. The lode structures one and two contain a simple mineralogy consisting of gold along with pyrite, sphalerite and galena. The lode structures three and four comprise sulphide metals, sphalerite, galena, arsenopyrite, chalcopyrite as well as gold and pyrite. Total Inferred JORC Resource containing 1.46 million ounces of gold (15.96 million tonnes @ 2.84g/t gold). The indicated resources of the Tulu Kapi mine as of July 2011 stand at 4.67 million tons (mt) graded at 3.04g/t Au. Inferred resources are estimated to be 11.29mt graded at 2.76g/t Au. The mine is expected to produce 100,000oz to 115,000oz of gold a year for the ten year initial life-of-mine. The Company is actively exploring several priority targets proximal to Tulu Kapi as well as regional gold targets in the northern blocks which Nyota believes have the potential to become future standalone projects. Nyota Minerals Limited, a British company, announced last week the discovery of a new gold anomaly at the Company's 100pc owned northern block exploration areas located in Western Ethiopia. Boka-West gold-in-soil anomaly extends for two kilometres in length and is up to 500m wide.
- Minerva Resources plc is drilling extensions of mineralised zones at Tulu Kapi. The Company is targeting a 500m section of a larger gold zone delineated by numerous mine workings and recent exploration activity. The drilling to date confirmed that there are three broadly continuous sub-parallel zones of mineralisation, which dip to the southwest. Each of the three zones appears to be approximately 10m thick, with good strike and depth continuity. In addition to further drilling at Tulu Kapi, drilling will also be undertaken at the nearby Guji prospect and a number of satellite prospects close to Tulu Kapi and Guji.
- WCP Resources Ltd is exploring the Agusha-Gumu Dunga licence which is 100% owned by Addis Resources Development Pty Ltd (ARDCO) and is located 5 kilometres to the northwest of Asosa, the administrative capital of the Benishangul - Gumuz regional state of western Ethiopia. The licence, MLN-35-EL-95, covers an area of 19.76 square kilometres and lies within a greenstone belt having favourable geological and structural settings for gold mineralization.Four "target areas", comprising shear-hosted gold mineralisation have been defined at Tsilfa, Hulook, Kushmangal and Gumu Dunga. They have been subjected to initial and follow-up detailed early-stage exploration. Geochemical soil results have outlined significant Au anomalies.In particular, the Gumu Dunga gold prospect consists of intensely veined and altered rocks over an area 2,900 metres long by 350 metres wide, defined by loam, soil, rock chip, crush and channel sampling and occur in association with galena-chalcopyrite-pyrite mineralisation.
- ASCOM, Citadel Capital's geology and mining business, announced in January, 2008, the acquisition of gold concessions in northern Ethiopia near Eritrea and the city of Mekele. The concessions, located on four different plots of land are owned by a newly established company called Nubia Mining Development plc, a partnership between ASCOM Ethiopia, which owns 55%, and Ezana Mining, a private-sector Ethiopian mining company, which holds 45%.
- Avion Resources Corporation (TSX VENTURE:AVR) completed its purchase of the exploration assets in the North and West regions of Ethiopia from Aberdeen International Inc. Avion has purchased the rights to a 100% undivided interest in exploration licences in Ethiopia. The area covers approximately 2,674 km2 in the Northern Regional State of Tigray and 1,766 km2 in the Western regional State of Asosa. The exploration licenses lie within the southern extension of the metal-rich Nubian-Arabian Greenstone belt. Over 60 massive sulphide zones, including Nevsun's Bisha deposit and several gold deposits have been discovered in these greenstone belts.
- Alecto Minerals plc holds a 1,953 sq km Aysid-Metekel gold exploration licence in the prospective Aysid-Metekel region of north western Ethiopia, 600 km NW from the capital city, Addis Ababa. The licence, which is located within the prime Arabian-Nubian shield on the Western Akobo Greenstone belt, has been granted for an initial three year period during which time the main objective of exploration by Alecto will be to define and evaluate targets of merit. Six exploration targets have been identified by Alecto through an initial reconnaissance type exploration programme and the evaluation of historical data for the project. The Company is currently developing a further and staged programme of exploration. The licence is located approximately 50 km north and north-east, respectively, of the highly prospective Towchester and Brantham tenements of AIM quoted Nyota Minerals Limited and approximately 80 km from the Fiti skarn gold deposit discovered by MIDROC Gold Mine plc, the owner-operator of the Lege Dembi gold mine in southern Ethiopia. The licence area is located amongst several existing gold exploration licences in western Ethiopia and the region is believed to be geologically favourable to host gold mineralisation in economic quantities. Gold mineralisation has been recorded in three principle mineralising environments/styles: Firstly associated with altered syenite intrusions; secondly, young igneous bodies intruded into marble country rock generating skarn gold type mineralisation and finally, fault-shear hosted gold mineralisation in metasediments. The area comprises of Precambrian basement rocks that range from low to high grade and partly covered by Tertiary volcanics. Though there are several suggested and used classification methods of dividing the Precambrian rocks of the area the most practical would be the division based on low grade high grade criteria. The high grade belts consist of high grade pre Pan African rocks, consisting of biotite-amphibole gneisses with intercalations of quartzofeldspathic gneisses and quartzites. The other major subdivision is the low grade belt characterised by metavolcano-sedimentary rocks. Alecto’s exploration licence area lies within the metallic minerals occurrence belt along which the newly identified gold resources of Tulu Kapi is also found. Currently there are a number of multinational to junior mineral exploration companies actively exploring for gold, precious metals and industrial minerals in other regions of Ethiopia. MIDROC, the owner-operator of the Lege Dembi mine in southern Ethiopia discovered the Fiti skarn gold deposit some 80 km to the south east of Alecto Minerals’ licence. Historical reconnaissance exploration and geological mapping was conducted by the United Nations Development Programme UNDP in the 1970s, identifying a number of syn–late orogenic fault related gold mineralisation shows within the licence. A substantial number of alluvial–eluvial gold shows were also noted. Additionally, regional airborne geophysical surveys conducted can be used in mineral exploration efforts in the area. Several mineral exploration projects have been launched by the Geological Survey of Ethiopia. Among these projects the Guba-Oda integrated mineral exploration project, and a regional air borne geophysical survey conducted in Benshangul Gumuz are of note, the data from which can be used in mineral exploration efforts in the area. Additionally, the Beles Dinder Ethio-Nor Gold and Base Metals Exploration project was undertaken on the proposed exploration area. During this time, reconnaissance geological mapping, geochemical drainage sampling, heavy mineral concentrate sampling, and extensive rock chip sampling was conducted. This work outlined important geochemical gold anomalies and gold pathfinder minerals that deserve further detailed exploration work and can be used as starting points for the proposed exploration. Alecto acquired the 945.5 sq km Waya Boda gold licence in the highly prospective central-southern Adola greenstone belt in southern Ethiopia in November 2011. The exploration licence is valid for three years and has good access to infrastructure. Importantly, there are multiple areas with extensive strikes open along strike and at depth, due to extensive historical and current artisanal high grade quartz vein gold mining activity. This provides the Company with ready made initial exploration targets for future exploration. The central-southern Adola greenstone belt comprises a series of meta-volcanics and meta-sediments intruded by a sequence of syn- and post-tectonic granitoids and syenites; these, in turn, are overlain by sequences of sediments. The region, which also hosts MIDROC’s Lege Dembe gold mine, is characterised by shearing, faulting and folding creating a complex geological profile. These shears, faults, thrusts and associated quartz veins have historically been a source of gold production in this part of Ethiopia. Alluvial and bedded gold deposits are located in the region but mineralisation styles in the bedded deposits are varied and complicated and appear to be structurally controlled. In summary, interest is focussed largely on metavolcanics and associated intrusives. The suite of rocks that make up the Birbir Group host 90% of the known gold and base metal mineralisation in Ethiopia. A review of geological maps shows the clear relationship between known deposits and the metavolcanic and schist zones. The United Nations Development Programme (‘UNDP’) notes that the metavolcanic-metasedimentary belt is “structurally favoured for the emplacement of other intrusives, granodiorites, some alkaline bodies, and younger granites, some of which are mineralised”. In terms of former UNDP reconnaissance, the organisation also states that “numerous gold occurrences that have been noted during surveys are located in these areas”. Mineralisation in the Wayu Boda licence area currently consists of two minerals: Gold: vein / shear hosted gold in the north of the licence and Emerald: hosted in quartz / pegmatite veins in the south of the licence. The gold at Wayu Boda is currently being extracted in two locations by artisans from quartz veins and shears at Wayo Boda in the north of the licence area. Alluvial gold has also allegedly been extracted from nearby drainage ditches. Due to the drought conditions in the region little water is available for panning gold. A number of the workings are more than 25 metres deep and follow the steeply westerly dipping quartz veins. There are two spatially distinct mine sites; one 270m to the north of the miner’s village and the other located some 1,000m to the SSW. The northern pits occur along a strike length of approximately 70m at a bearing 022 – 202 degrees. The dip direction, when non vertical, is orientated towards 270 degrees. The northern workings are located on the western side of a subdued hill with little outcrop or obvious quartz veins and associated shears. This deposit appears to be open both to the north and south. The southern pits, located in a small valley, are more extensive, occurring along 140m strike length with a north south strike and again a slight westerly dip when beds are not vertical. The northern extension of the quartz veins disappears under recent alluvial cover. The southern extension was observed to be untested by the miners. The quartz veins and shear zone were out cropping in many locations and mineralisation appears to be open to the south. When seen in plain view they appear not to be part of the same structure but faulting may be a factor in this area. The visible gold mineralisation is structurally controlled and appears to be confined to vertical and sub vertical quartz veins and shears. The ore rock was observed to be concordant with the dip and dip directions of the country rock, dipping very steeply westward or vertical. The width of the main quartz vein is approximately 0.5m and the shear zone approximately 1.5m wide. Visible gold is common in the quartz veins but it is not known if the adjacent shear zones or country rock are mineralised. No rock samples have yet been geochemically analysed using any modern methods and this will be essential to show if they also contain gold mineralisation.
- Sheba Exploration plc explored the Amora Hill gold prospect in 2005.
- No information on the Adola gold mine in southern Ethiopia.
- Oil proved reserves: 214,000 bbl (1 January 2002)
- Natural gas proved reserves: 24.92 billion cu m (1 January 2005 est.)
- Minerva Resources plc, through its subsidiary Golden Prospect Mining Company, owns 51% of the Yubdo Gold and Platinum Mining Company (Yubdo Mining), Ethiopia. Platinum has been mined in Yubdo since the early 1930's. Yubdo Mining is the sole platinum producing company in Ethiopia. It is a small scale operation, currently producing approximately 100 ounces of platinum a year. The Yubdo Mine is 520km almost due west from Addis Ababa. Minerva Resources is investigating the viability of increased mechanisation and expansion of the current mining operations.Minerva Resources, through its subsidiary GPMC, entered into a joint venture with a local entrepreneur in 2001 , Mr Benti Tassisse (47%), to mine the Yubdo platinum deposit. The mining licences cover 27.26 km2, within the Yubdo Exploration Licence, 100% held by Minerva Resources. The remaining 2% of YPDG is held by Dr Kebede Belete. Minerva Resources has managed the project since July 2005 and produced 150 ounces (77 ounces attributable) for the eighteen months to the end of 2006 through test production. The Company is currently commissioning a Pilot Gravity treatment plant to improve gravity recoveries from the ore. The Pilot Gravity plant is expected increase recoveries from 5% to 13% and allow throughput to double. Annual production should therefore increase to a rate of over 500 ounces per annum. In 2006 Minerva Resources carried out a programme of pitting over the ridge above and to the southwest of the present small-scale mining operation southeast of Yubdo village, in order to estimate the resource in this small area. Thirty pits were completed on a 60m x 60m square grid covering an area of 420m x 240m. Each pit was hand dug at a nominal 75cm diameter down to decomposed bedrock encountered at an average depth of about 10m. Channel sampling at one metre intervals down the side of the pits returned platinum values ranging up to 1.8 g/t Pt, with acceptable repeatability of duplicate samples suggesting that conventional sampling and assay procedures are effective for establishing the total platinum resource.Based on the results of the pitting GPMC has used a polygonal method to estimate a resource of 23,760 ounces (793kg) of platinum in 1,470,000 tonnes of laterite material with an average grade of 0.54 g/t platinum within the limited area covered by the pitting programme. Importantly, the average grade of the laterite below a barren 1.5m soil layer was 0.82g/t platinum. The pitting programme also indicated that both laterite thickness and platinum grades are lower over the ridge area than on its flanks. Geological mapping shows that potentially mineralised laterite extends along strike for several kilometres on the Yubdo ultramafic intrusion. Mapping of bedrock exposed in the pitting and in outcrop shows fractures containing quartz-carbonate with pyrite in the form of boxworks and planar fracture fillings occurring in zones trending east of north with generally steep westward dips, cutting the serpentinised dunites and pyroxenites of the Yubdo Ultramafic Complex. Pit sampling shows PGM values in this material relative to fresh rock which support the contention that PGMs are concentrated by hydrothermal action associated with zones of fracturing.
- Yara Dallol BV, a subsidiary of Yara International, is finalizing a potash exploration project in the Afar Regional State with an outlay of 100 million dollars. Sanjay Singh Rathore, executive director of Yara Dallol BV, in September 2014, said that his company has been prospecting for potash in the Afar Dallol depression. Sanjay said that his company had discovered a substantial amount of potash in its concession. The company has already undertaken a feasibility study. "We are now in the process to complete the definitive feasibility study. If approved we will be producing 0.6 million tons of potash annually by applying solution mining," Singh said. If the definitive feasibility study is approved by the board of the company, Yara will build a potash mine in the Dallol depression. It will also construct a potash fertilizer factory. The total cost of the project is estimated at one billion dollars. Drilling activity started at site in 2010, and most drilling and drilling-related activities were completed in 2012. The project development phase will be finalized with the Definitive Bankable Feasibility study which is expected to be finalized soon. According to Yara, the study will be the basis for a decision on whether to proceed with project execution and realization, with production start-up 2-3 years thereafter. According to the company, the estimated capacity for the Dallol project is 1-1.5 million tons of potash per year, with resources of more than 30 years mining. Yara hopes to supply ten percent of the current global potash market. Yara International is an agricultural chemicals giant that has been supplying fertilizers to Ethiopia. Allana Potash of Canada is also in the process to build a potash mine in the Dallol depression. The company secured a mining license from the Ethiopian ministry of mines a year ago. A local company, Ethio-Potash Corporation is also exploring the Dallol depression. According to a recent World Bank study on the Ethiopian extractive industry the mining sector accounts for around one percent of the Ethiopian economy, which is expected to reach 10 percent in ten years time. The study says potash is likely to be one of the first industrial minerals to contribute to the growth.
- Allana Potash Corporation is a Canadian publicly traded corporation currently developing its previously explored Dallol Potash Project, in Ethiopia. Total Measured and Indicated Mineral Resources of 1.297 Billion tonnes from all four potash horizons with an average grade of 19.3% KCl for a total of 251 Million tonnes of contained KCl.; An additional Inferred Mineral Resource of 588.2 Million tonnes from all four potash horizons with an average grade of 18.6% KCl for a total of 109 Million tonnes of contained KCl; Total Measured and Indicated Sylvinite Resource of 171.4 Million tonnes with an average grade of 31% KCl for a total of 53 Million tonnes of contained KCl.; Total Inferred Sylvinite Resource of 46.6 Million tonnes with an average grade of 30.3% KCl for a total of 14 Million tonnes of KCl. (The foregoing mineral resource estimates are as at June 14, 2012.) Allana may begin exporting potash at the end of 2014 and produce 2 million tons a year by 2018. Allana Potash announced in May 2013 that its drilling results of the Dallol project could be extended beyond the original resource estimate. The company expects the results to increase its share prices. Results from drill holes at the company's Dallol property in Ethiopia's north-eastern Danakil Depression showed a mineralization grade as high as 52.4pc potassium chloride over 0.80 metres in a zone rich with sylvinite - an important ore for potash production. Drilling at the sylvinite zone showed 2.70 metres of mineralized ore with a grade of 39.38pc potassium chloride starting at a depth of 254.40 metres, according to the press release issued by the company. Allana Potash is a publicly traded corporation which focuses on the acquisition and development of potash assets internationally, with its major focus on a previously explored potash resource in Ethiopia. Allana controls 160SqKm of the Danakhil Depression at Dallol, the site of extensive historic potash exploration
- Ethiopian Potash Corporation is a Canadian company based in Toronto, Ontario, and Addis Ababa, Ethiopia, and has 481 sq km of shallow mineralization potash development concessions in the fairway of the Danakil Depression, Ethiopia. The company has an existing 128 mil tonne resource at 21% potash. A 6,000m drilling campaign on shallow targets began in June 2011, targeting a 1 billion tonne+ resource by the end of Q1 2012. The company will then focus its drilling on a 3,000m program to delineate an additional open-pittable 1 bil tonnes on its Colluli prospect.