nyota minerals selling interest in ethiopian gold project

nyota minerals selling interest in ethiopian gold project

  • Nyota sees interest from potential partners for Ethiopia

    Oct 10, 2012· Gold explorer Nyota Minerals NYO.L NYO.AX said it had been approached by investors wishing to partner with it to help finance a mine in Ethiopia, adding to confidence that its project will get off the ground.

  • Nyota Minerals to sell 75% of Tulu Kapi gold project

    Nyota Minerals has confirmed a plan to sell 75% of the flagship Tulu Kapi gold mine project in Ethiopia.. In return the AIM quoted gold firm will receive £1mln of cash and £3.5mln in shares, and it will retain a paying 25% interest in the project.

  • Nyota Minerals Limited

    Tulu Kapi Gold Project KEFI Minerals plc ... NYOTA MINERALS LIMITED 3 ... the heads of terms for the sale of a 75% interest in Nyota Minerals (Ethiopia) Limited ...

  • Nyota to sell Tulu Kapi interest ADVFN Newspaper

    Nyota Minerals Limited (), the gold exploration company in East Africa, has announced that it has entered into a conditional agreement with KEFI Minerals plc for the sale of Nyotas remaining 25% direct interest in the Tulu Kapi Gold Project in Ethiopia for an aggregate consideration of £1.5 million comprising £750,000 in cash and 50 ...

  • Lively investment interest in Ethiopian gold mine

    Richard Chase London, England --- 11 October 2012 Gold explorer Nyota Minerals says it has been approached by investors who wish to partner with the company to help finance a mine in Ethiopia, adding to confidence that its project will get off the ground. Reuters reports that Nyota " listed on ...

  • Nyota Minerals selling interest in Ethiopia gold project

    Nyota Minerals has entered into a conditional agreement to sell its remaining 25% stake in the Tulu Kapi Gold Project in Ethiopia to KEFI Minerals for £750,000 (A$1.34 million) in cash and 50 million KEFI shares.

  • Nyota Minerals to sell 75% of Tulu Kapi gold project in Ethiopia

    Nyota Minerals (ASX: NYO, LON: NYO) has confirmed a plan to sell 75% of the flagship Tulu Kapi gold mine project in Ethiopia. In return the company will receive £1mln of cash and £3.5mln in shares, and it will retain a paying 25% interest in the project. The identity of the buyer, described by ...

  • nyota gold mining in ethiopia ventaskgroup.co

    Nyota Minerals selling interest in Ethiopia gold ... Another important gold mine is the Tulu Kapi gold project that is owned by Nyota minerals limited The mine ...

  • Nyota Minerals Limited

    Nyota Minerals Limited ('Nyota' or ... with KEFI to sell Nyota's remaining 25% interest in the Tulu ... large-scale mechanised gold mining project ...

  • Mineral sector in Ethiopia Open to Export

    Mineral sector in Ethiopia. ... Gold is Ethiopias main mineral export, ... Nyota Minerals has also applied for large-scale gold mining of its Tulu Kapi project in ...