Tectonic Metals gets funding for gold exploration in Alaska
The company's Flat gold project is located 40 km north of the giant Donlin gold project.
Ethiopia is set to hit its target of more than doubling mining exports to an annual $1 billion ahead of time, the country’s mining minister told Reuters, as it promotes gold extraction, but also fertilizer ingredient potash.
Ethiopia, though still reliant on commodities like coffee for revenue, is expected to earn around $500 million from mining exports in the financial year to next July, the minister said. It had targeted doubling that over five years from 2010/11.