Ezana Mining Becomes Ethiopia's Second Largest Gold MinerMarch 7, 2017 - After a decade of exploration and building a gold processing plant in northern Ethiopia, Ezana Mining has become Ethiopia’s second large scale gold mining company, according to Capital. The company plans to start trial operation this month at its Terakimti facility, in northern Tigray region, near Shire Endaselassie Town, 1067km from Addis Ababa. “Compared other mining companies ten years is a very short period to explore and start mining,” the official at the company explained. “We will have additional projects after we explore more,” a company official said. So far MIDROC Gold Mine, who bought the state owned Lega Dembi Gold Mine in 1997 at the cost of USD 172 million, is the only company engaged in large-scale gold mining in the country.

Source: Ethiopian News March 08, 2017 08:51 UTC