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Ethiopia mined US$ 560 million from gold during the 2021/2022 fiscal year. Four districts in the Agnwak and Meghenger Zones of Gambella Regional State were being developed for the extraction of gold, the minister said. They are Gambella, Benishangul Gumuz, Oromia, and South West Ethiopia, which are known for their gold resources
Ethiopia mined US$ 560 million from gold during the 2021/2022 fiscal year. This was revealed by the Ministry of Mines.
Four districts in the Agnwak and Meghenger Zones of Gambella Regional State were being developed for the extraction of gold, the minister said. They are Gambella, Benishangul Gumuz, Oromia, and South West Ethiopia, which are known for their gold resources. Gambella Regional State’s Akobo narrow greenstone sub-belt is a high potential target for gold exploration by the Ministry of Mines.
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Gold mining in Ethiopia is believed to be 3,500 years old. Organized mineral exploration began in the country only in the late 1890s by foreign companies.
