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Kurmuk Gold Project

Sector: Commercial • Location: Ethiopia

Source: EU Reporter

Project
Under Construction

The Kurmuk gold project in western Ethiopia is expected to become the country's first large-scale modern commercial gold mine. The mine is designed to process around 6.4 million tonnes of ore annually and produce approximately 290,000 ounces of gold per year initially, averaging more than 240,000 ounces annually over an estimated ten-year mine life. Investment in the project has already exceeded U

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The project “Kurmuk Gold Project” is an infrastructure initiative in the Commercial sector, located in Ethiopia. Taiyo aggregates data on it from EU Reporter.

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Participants

Sponsoring Agency

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Company

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Status

Original status

under construction

Taiyo status

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Taiyo last update

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Available timestamps

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Contact

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Phone

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Email

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Address

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Description

Description

The Kurmuk gold project in western Ethiopia is expected to become the country's first large-scale modern commercial gold mine. The mine is designed to process around 6.4 million tonnes of ore annually and produce approximately 290,000 ounces of gold per year initially, averaging more than 240,000 ounces annually over an estimated ten-year mine life. Investment in the project has already exceeded US$620 million, with construction on schedule and within budget, and first production expected shortly.

Original sub-sector

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Original Currency

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Original budget

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Location

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Location

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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Article Published Date

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