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Ethiopia grants license to two gold mining companies

Ethiopia grants license to two gold mining companies

Addis Ababa, April 20/2023, Ethio Negari:- Two indigenous companies have been granted permits for high-grade alluvial gold production. The Ministry of Mines has announced that, two companies have been granted licenses to produce high-grade alluvial gold. The licensees are indigenous companies named BEAKA Total Business and Ilnet Technology Group. "BEAKA" has been licensed in Majang Zone, Mangsh District of Gambella Region and more than 138 million Birr has been allocated for the project. This company will produce 911 thousand kg of gold in the coming four years. The other licensed institution is "ILNET TECHNOLOGY GROUP" to produce gold in Benishangul…
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