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Kenticha Borena-Ethiopian Mineral Development SC announced new tantalum ore discoveries at the Kenticha tantalum mine to be found in Oromia Regional State of Ethiopia.

The newly discovered tantalum reserve is estimated to of high quality and approximately 2500 tons according to experts with the EMDSC.  

The company has so far been engaged in surface mining and the discovery of primary ore is expected to enhance its production significantly explained the experts.

Tigray Resources encountered an additional copper-polymetallic mineralization close to the site of its successful drilling last year at its Terakimti prospect in Ethiopia.

Tigray highlighted as much as 74 meters of 3.77% copper, 14 g/t silver, 1.31g/t gold, and 0.72% percent at about 57 meters down at the Terakimti site last December.

The latest results from Tigray reveal that it has intersected with 41 meters of 3.24% copper, 25 g/t silver, 1.19 g/t gold and 1.19% zinc at 41 meters away from its previous intercept.

Patrick Goodfellow has been appointed Chief Operating Officer for Nyota Minerals in Addis Ababa, Ethiopia as of January 2012. The company is also in the process of appointing a Chief Financial Officer. 

Nyota Minerals’ negotiations for a Large Scale Mining License with the Ministry of Mines in Ethiopia could conclude in mid 2012 according to its quarterly update.

Tratos Cavi secured the contract to supply high and low voltage cable for Ethiopia’s Grand Renaissance Dam. The cable manufacturer secured the contract estimated to be in the multi millions from contractor Salini.

The dam being constructed on the Nile river is expected to have the capacity to carry 66 billion m3 of water and generate an estimated 15,100 GWh of electricity annually.