2merkato

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.

A new metal detecting machine made by Depar General Trading Company is said to be productive with the potential to change the work conditions of gold miners, The Ethiopian Herald reported.

New Zealand’s Dairy and Beef Solutions Ltd expressed its interest to invest in Ethiopia.

The newly appointed president of Japan International Cooperation Agency (JICA), Shinichi Kitaoka (PhD) has pledged to extend more support to Ethiopia in areas of economic political development during his presidency.

An American Mining giant named Newmont Mining Corporation, which is regarded as one of the world’s largest producers of gold is to engage in gold exploration and extraction projects in Tigray Regional State of Ethiopia.