EAM agrees deal with Tibet Huayu Mining for Ethiopia projects

In:

Metals and Mining

Region:

Middle East & Africa, Americas

Vancouver-headquartered East Africa Metals has struck a deal to finance and develop its three gold projects in Ethiopia, less than 12 months since a $250 million deal with a Hong Kong firm fell through.The company has executed a binding letter of intent with Chinese mining company Tibet Huayu Mining...

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