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Petro Trans has contracted BGP and Sunrise, Chinese companies, to undertake seismic survey and exploration well drilling of the Calub and Hilala gas fields in Ethiopia according to Richard Spooner, Country Manager for the company.

BGP was hired last month to collect seismic data from the Hilala, calub, Genale and Warder blocks explained Spooner. Experts from the company have already begun analyzing the petroleum data collected from the Ogaden he said.

The Adama wind power project being developed at a cost of 117 million US dollars in Ethiopia is nearing completion.

The project was launched in June of last year and is expected to be finalized by the coming June according to Miskir Negash, Head of Public Relations with the Ethiopian Electric Power Corporation.   

The wind farm will have a potential capacity of 51 MW with a total of 34 towers each generating 1.5 MW said Miskir.

Nyota minerals announced an 82% upgrade and increase for its Tulu Kapi gold concession in Ethiopia following additional drilling.

The resource has been upgraded to 831 000 ounces of gold at 3.01 g/t and an inferred resource of 841 000 oz at 2.79 g/t.

The mineral resource totally in Tulu Kapi now stands at 17.97 million tons of 2.9 g/t grade gold ore translating to 1.67-million ounces gold.

National Mining Corporation announced the discovery of gold deposits in Southern Ethiopia estimated at 10 metric tons a year, nearly double of the current national output.

The Okote site has shown to have more than 550 tons of gold with 73 tons expected to be ready for extraction in 2 years said Melaku Beza, Chief Executive Officer of National Mining.

The company is planning to invest 150 million US dollars to initiate the first phase of the production he said.