Ethiopia: Gambella Delivers Over 27 Quintals of Gold to National Bank in Six Months

The Gambella Regional Mineral and Energy Resources Agency has announced the delivery of over 27 quintals (2,747 kilograms) of gold to the National Bank of Ethiopia within the past six months.

According to Ujulu Gilo, the regional mineral resources development officer, gold mining is a central focus of the government’s ongoing economic reforms. He noted that significant progress has been achieved due to the special attention given to the sector, with efforts underway to modernize gold mining operations and minimize resource wastage.

Gold production in the region involves traditional, specialized, and small-scale mining companies. The modernization of the sector is reportedly curbing illegal trafficking and making a notable contribution to Ethiopia’s economic growth, as highlighted by regional communication officials.

Looking ahead, the regional government has revised its targets and aims to deposit an additional 2,200 kilograms of gold with the National Bank in the next six months.

Source: Fana BC

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