On 21 May 2019 GlobeNewswire carried East Africa Metals’ announcement that Ethiopian authorities had awarded mining licenses for the Mato Bula and Da Tambuk projects.
Junior mining companies often mark license awards as the moment paper rights become bankable assets. For Ethiopia the notices matter as dated FDI signals in gold and base metals during a period when federal and regional mining rules were also being rewritten.
A press release is not a production report. It still shows which foreign-listed firms claimed progress on Ethiopian ground in mid-2019.
Kept as mining and business archive, the Mato Bula and Da Tambuk licenses are a concrete FDI checkpoint beside the parliament mining bill from the same week.
Sources: GlobeNewswire / East Africa Metals