Entries by

East Africa Metals Concludes Agreement for Development Financing

VANCOUVER, British Columbia, Aug. 14, 2019 (GLOBE NEWSWIRE) — East Africa Metals Inc. (TSX-V: EAM – “East Africa” or the “Company”) The Company is pleased to announce that, effective August 9, 2019, Tibet Huayu Mining Co. Limited (“Tibet Huayu” or “THM”) and East Africa have agreed and concluded certain documentation for the previously announced Adyabo transaction (see East Africa News Release dated July 2, 2019). […]

Ethiopia Gets Investors For Adyabo Metal Project

East Africa Metals has executed a definitive share purchase agreement and joint venture contract with Silk Road Resources Investments Co Limited for development and operation of the Adyabo project’s Mato Bula and Da Tambuk deposits in the Federal Republic of Ethiopia. Silk Road Investments is a wholly-owned subsidiary of Tibet Huayu Mining Co Limited (THM). East […]

Ethiopia ministry grants mining agreements for two gold projects

Published by Mining Review Africa The Ministry of Mines and Petroleum has approved the mining agreements for TSXV-listed East Africa Metals East Africa’s 100% owned Mato Bula and Da Tambuk gold projects located in the Tigray National Regional State of Ethiopia. The final step in the mining licence process is the formal ratification of the mining agreements […]

East Africa Metals mine permit approved for Ethiopian gold projects

Published by Mining Review Africa East Africa Metals has received Draft Model Agreements (DMAs) from the Ministry of Mines, Petroleum and Natural Gas for the company’s Mato Bula and Da Tambuk projects. The Mato Bula and Da Tambuk projects are located in the Tigray National Regional State of the Federal Democratic Republic of Ethiopia. The delivery of […]