Work on the vertical shaft is scheduled to start this month and will be completed within three to five months.

Backing from Canada’s Wheaton Precious Metals for the Kurmuk project bodes well for the future of Ethiopian gold mining, executives say. Ethiopia is moving closer to fulfilling its potential as a ...

which is underpinned by the development of its low-cost and fully permitted Kurmuk gold project, in Ethiopia. Allied is targeting initial production of about 270 000 oz of gold in the first five ...

Ethiopia's prime minister recently touted the country's mining resources and said the industry could achieve a historic milestone by generating up to $2 billion in gold revenue this year.

Allied Gold Corporation has secured a $175 million streaming agreement with Wheaton Precious Metals International to fund its Kurmuk project in Ethiopia, marking a significant step in its growth ...

The solid gold medal is referred to ... who described the royal family as “old friends.” Asked whether the prince thinks the medal belongs to Ethiopia, Peet wrote: “Prince Ermias believes ...