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Ethiopia’s $1 billion Kurmuk gold project to start production in 2026

Gold bars. Photo by Zlaťáky @ Unsplash
Gold bars. Photo by Zlaťáky @ Unsplash
  • Kurmuk Gold Factory begins production in 2026, targeting $1 billion in annual output
  • The project aims to boost exports, curb smuggling, and diversify country’s economy beyond agric

 

ADDIS ABABA, ETHIOPIA – Ethiopia’s largest gold facility, the Kurmuk Gold Factory in Benishangul-Gumuz, will begin production at half capacity in 2026, Prime Minister Abiy Ahmed said, with annual output projected at $1 billion.

  • Kurmuk Gold Factory begins production in 2026, targeting $1 billion in annual output
  • The project aims to boost exports, curb smuggling, and diversify country’s economy beyond agric

 

ADDIS ABABA, ETHIOPIA - Ethiopia’s largest gold facility, the Kurmuk Gold Factory in Benishangul-Gumuz, will begin production at half capacity in 2026, Prime Minister Abiy Ahmed said, with annual output projected at $1 billion . . .

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