Licenses5 Oct 2025 21:13
I asked Harry at the AGM about the retention of the disputed areas but he didn't want to dwell on the subject so nice to see some possible good news regarding them, but first let's see Tula Kapı signed sealed and delivered, onwards and upwards. GLA
In recent developments, the Oromia Mineral Development Authority (OMDA) has moved to assert greater control over licensing and compliance in the region’s fast-expanding mining sector. In a letter dated 5 August 2025, addressed to the Federal Ministry of Mines and copied to the Oromia Regional President’s Office, OMDA outlined new regulatory measures giving the regional government authority to issue, renew, or revoke mining licenses.
The move followed an Addis Standard investigation published on 19 July, which exposed the contested renewal of three exploration licenses held by Hong Kong Xingxu Mining International Investment Co. Ltd. in West Wellega Zone. Covering more than 1,170 square kilometers of gold and base metal prospects, the licenses were found to have been renewed in violation of legal time limits and without proper consultation with regional authorities. OMDA cited these breaches in its request for the licenses to be revoked. AS