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Ethiopian mining company invests US$17.8 million in building gold plant

Construction has already begun at the plant and is scheduled to be operational by the end of this fiscal year. (Image source: FreeDigitalPhotos.net)

Ethiopian company Ezana Mining Development has invested US$17.8mn in building a gold plant in Tigray

Ethiopian daily Addis Fortune reported that the contract would require building a carbon-in-leach (CIL) gold plant at Terakimti, in northern Tigray, near Shire Endaselassie Town.

It also said that construction had already begun at the plant, which has been scheduled to become operational by the end of the current fiscal year.

Ezana and the Ethiopian Ministry of Mines signed an agreement early in January, that would enable Ezana to produce 2.017kg of gold within two years, according to Addis Fortune.

A senior manager at Ezana said, “The technology we will use in the gold plant is no different from the one MIDROC uses, at its Lega Dembi mine in southern region.”

Ezana awarded the turnkey contract to Manhattan Corporation, a South African mining services provider.

Manhattan’s tasks will include design engineering, procurement, shipment, construction, installation, implementation and after-sales skills development.

The company was awarded the contract two months ago after beating four international companies that had also tendered for the Ezana contract.

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