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Ethiopia Mining News is an EIN News Service for mining professionals. Constantly updated news and information about Ethiopia Mining.
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Latest Ethiopia Mining News

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  • Ethiopia signs gold mining deal with Saudi company 24 Nov 2009 17:10 GMT
    ... HOME > WHATS NEW Ethiopia signs gold mining deal with Saudi company Following on from ... first of these with a license to mine the second expected next year. Ethiopia signed ... Horn of African country last month, the mines and energy minister said. Two firms -- Saudi ...

  • Q+A-Eritrea's mining potential, players and risks 19 Nov 2009 12:34 GMT
    ... is seen on the threshold of a mining boom, with hopes it may boost its ... is Zara, run by Australia's Chalice Gold Mines. The mine, also expected to hold 1 ... * Security -- Last month three Eritrean miners working for Chalice were ambushed and executed ...

  • Madagascar leaders to meet on unity government deadlock 21 Nov 2009 12:54 GMT
    ... ministries. Agriculture, Communication and the Ministry of Mines are also sources of conflict. Observers say holding ... terms of the deal. Major oil and mining companies have poured into the world's fourth ... extract its reserves of oil, nickel, cobalt, gold, uranium and ilmenite. Political turmoil has rocked ...

  • European Union gives Nigeria $1bn 'for peace' 21 Nov 2009 11:33 GMT
    ... European Union gives Nigeria $1bn 'for peace' Lagos ... quickly find work Zimbabwe troops 'leaving Marange diamond field' Harare, 11/21- Zimbabwe say it is ... chiefs alleged abuses were taking place there. Mines Minister Obert Mpofu told state-run media Zimbabwe had ...

  • Explosives company launches new-generation mobile '©manufacturing unit 19 Nov 2009 22:12 GMT
    ... Commercial explosives and blasting solutions company AEL Mining Services introduced its new-
generation E-20 T mobile ... waste oil generated by 
machines working on mines, which can be as much as 
80 000 ℓ/m from each mine, and assists in reducing environmental waste. The ...

  • Good as gold 16 Nov 2009 18:34 GMT
    ... the blue-chip index’s advance was down to mining stocks, which were in demand as metal ... a full-year loss. The South African platinum miner fell into the red in the year to ... and processing capacity at its Sierra Rutile mine. Real estate trust is to raise in ...

  • Miners lead the advance 16 Nov 2009 11:55 GMT
    ... gold hitting a new high and other metal prices also on the rise, mining stocks are the things to own this ... a full-year loss. The South African platinum miner fell into the red in the year ...

  • FTSE shines on gold price hike 17 Nov 2009 00:35 GMT
    ... 14-month high yesterday amid stellar gains for mining stocks and a welter of positive economic ... Xstrata, which firmed 79p to 1,093p. Gold miner Randgold Resources, meanwhile, was a hefty 227p ... per cent, as prices of the precious metal hit $1,136 an ounce. Crude oil prices ...

  • THE FTSE 100 Index soared to a fresh 14-month high yesterday amid stellar gains for mining stocks and a welter of positive economic news. 17 Nov 2009 06:33 GMT
    ... 14-month high yesterday amid stellar gains for mining stocks and a welter of positive economic ... Xstrata, which firmed 79p to 1093p. Gold miner Randgold Resources was 227p stronger at 4934p, ... or 5%, as prices of the precious metal hit $1136 an ounce. Crude oil prices ...

  • Mining stock gains push City to new 14-month high 17 Nov 2009 10:51 GMT
    ... 14-month high yesterday amid stellar gains for mining stocks and a smattering of positive economic ... Xstrata, which firmed 79p to 1093p. Gold miner Randgold Resources meanwhile, was 227p stronger at ... at 4934p, as prices of the precious metal hit 1136 US dollars an ounce. Crude ...

  • Market overview: FTSE 100 climbs higher 16 Nov 2009 15:54 GMT
    ... now up nearly 10% after the platinum miner reported some none-too-impressive numbers for the past ... But overall Footsie is higher with the mining sector driving the gains. Platinum miner Lonmin which mines for platinum in South Africa, is leading ...

  • Market overview: Retail sales rise in the US 16 Nov 2009 14:33 GMT
    ... owners for £85.75m, are among today's fallers. But overall Footsie is higher with the mining sector driving the gains. Platinum miner Lonmin which mines for platinum in South Africa, is leading the risers after reporting a sharp fall ...

  • Sainsbury slides on sales leak 16 Nov 2009 15:55 GMT
    ... the blue-chip index’s gain is down to mining stocks, which are in demand as metal ... a full-year loss. The South African platinum miner fell into the red in the year to ... and processing capacity at its Sierra Rutile mine. ...

  • China continues its aggressive pursuit of Africa's resources 16 Nov 2009 09:37 GMT
    ... China continues its aggressive pursuit of Africa’s resources By ... spend $2.6 billion to develop iron ore mines in Bong County. In Zambia, China’s Non-Ferrous Company-Africa ... Non-Ferrous Company-Africa recently bought out Luanshya Copper Mine, a $230 million mine which had $200 ...

  • Winning start to week 16 Nov 2009 09:17 GMT
    ... LONDON (SHARECAST) - Mining heavyweights head the pack Monday, notching up ... record gold prices and demand for other metals. Randgold is top of the pile after ... a full-year loss. The South African platinum miner fell into the red in the year ...

  • Lonmin, Persimmons, Rolls Royce Rise 17 Nov 2009 05:32 GMT
    ... 4:00PM London, 11:00 AM New York – UK ... higher on a rally in commodities and metals. Miners including Xstrata Plc, Antofagasta and Lonmin gained. ...

  • Eying Africa 18 Nov 2009 07:17 GMT
    ... typical that the roads, hospitals, schools and more must be built primarily by Chinese workers. ... Chinese company, reportedly signed a $7 billion mining deal with Guinea's repressive military regime. In ... of oil or a single ton of mineral ores from Africa." Some leaders of African ...

  • Eyeing Africa 18 Nov 2009 11:56 GMT
    ... typical that the roads, hospitals, schools and more must be built primarily by Chinese workers. ... Chinese company, reportedly signed a $7 billion mining deal with Guinea's repressive military regime. In ... of oil or a single ton of mineral ores from Africa." Some leaders of African ...

  • Africa: A hot frontier for U.S. and China 17 Nov 2009 13:14 GMT
    ... typical that the roads, hospitals, schools and more must be built primarily by Chinese workers. ... Chinese company, reportedly signed a $7 billion mining deal with Guinea's repressive military regime. In ... of oil or a single ton of mineral ores from Africa." Some leaders of African ...

  • Scramble for Africa 17 Nov 2009 14:15 GMT
    ... typical that the roads, hospitals, schools and more must be built primarily by Chinese workers. ... Chinese company, reportedly signed a $7 billion mining deal with Guinea's repressive military regime. In ... of oil or a single ton of mineral ores from Africa." Some leaders of African ...

  • Africa: Hot frontier for U.S. and China 17 Nov 2009 14:34 GMT
    ... typical that the roads, hospitals, schools and more must be built primarily by Chinese workers. ... Chinese company, reportedly signed a $7 billion mining deal with Guinea's repressive military regime. In ... of oil or a single ton of mineral ores from Africa." Some leaders of African ...

  • U.S., China compete in Africa 17 Nov 2009 20:13 GMT
    ... typical that the roads, hospitals, schools and more must be built primarily by Chinese workers. ... Chinese company, reportedly signed a $7 billion mining deal with Guinea's repressive military regime. In ... of oil or a single ton of mineral ores from Africa." Some leaders of African ...

  • European Stocks May Follow Asia Higher 16 Nov 2009 06:52 GMT
    ... about $2 billion from Air China and Ethiopian Airlines to deliver larger planes and also ... to media reports released on Sunday. Global copper mining leader Grupo Mexico, S.A.B announced that the ...


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