National Mining Announces 128 Tons of Gold in Ethiopia
The National Mining Corporation announced that it has 128 tons of gold ready to be mined in Ethiopia. The Gold is to be found at the Okote project operated by National Mining.
It is expected that the reserve will translate into a significant mine with little exploitative work and an appropriate definitive feasibility study claimed the corporation in the statement it released.
The overall reserves of the Okote concession to be found in Oromia Regional state are estimated to total 454 tons of Gold elaborated the statement. The site could potentially produce about 10 tons annually effectively doubling the gold output of Ethiopia explained a statement from National last March.
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twenty five years taking in to consideration its aim to generate 37,000 MW in the coming quarter of a century.
