— An Egyptian mining company, ASCOM, finds a large gold deposit in Beninshangul, a region in western Ethiopia, according to Reporter. Ethiopia's ethnic apartheid junta gave a massive plot of land (8,000 sq km) to ASCOM in 2008 after forming a partnership with a Woyanne-affiliated company named Ezana Mining, whose partners …

 — Akobo Minerals AB (Euronext Oslo – ticker "AKOBO"), the Scandinavian-based Ethiopian gold exploration and boutique mining company, today announced with reference to the stock exchange announcement of 10 August 2022, that it has successfully secured a US$ 8.5 million gold loan facility from US based Monetary Metals.

 — This is a list of Gold / Mining and Exploration Manufacturing Companies, Factories, Industries and Suppliers in Ethiopia ADDIS GEOSYSTEMS CO.LTD Mobile : +25191124... Office : +25111663...

 — At least two media outlets confirmed the report, including Tigrai Online, an Ethiopian daily news site which stated that the Bisha mine, located 150 kilometres from Asmara, Eritrea, was a target ...

 — Figure 16 caption: Figure 16. Ethiopian emeralds from the Hallo mine near Kenticha (left to right): a 2.00 ct square emerald cut, a 9.72 ct cabochon, and a 4.12 ct modified cushion cut. ... The cooperative we visited, Bua Obsa, had been mining gold and tantalum for more than 15 years, but it has grown from 15 members to more than 300 …

 — But when the revolutionary Derg government deposed him and the country plunged into civil war, gold mining disappeared off the agenda for a decade and a half. It took until the early 2000s before ...

Ethiopian Minerals Corporation is a state-owned enterprise established in 1942 tasked with the exploration, development, processing and marketing of mineral resources in Ethiopia. Having been established in different iterations our corporation was established as the pioneer mechanised mining operator in Africa.

 — The recent enactment of the Mining Operations Proclamation No. 678/2010, which came into effect in 2010, revised mining laws in Ethiopia by broadening the range of mining licences available.

Akobo Minerals. is a gold exploration and mining company focusing on projects along the Akobo river in southwestern Ethiopia, a prolific area with extensive alluvial gold production. Our story starts in 2009 with the …

 — Ethiopia's gold industry is currently dominated by small-scale artisanal miners, but Newmont Corp. and Australia's Allied Gold Corp. are among the companies exploring for the precious metal in ...

 — The Ethiopian Mining Proclamation states that all investments incurred in exploration and development are costs deductible. ... So far the most developed large-scale gold mine in the country is the Lega-dembi gold mine (MIDROC Gold), located in the southern greenstone belt region, being operated by a private company with an estimated …

Akobo Minerals appoints Steven Rupprecht as Mine Manager and Strategic Adviser. OSLO, 14 August 2023: Akobo Minerals AB (publ) (Euronext and Frankfurt: AKOBO), the Scandinavian-based Ethiopian gold exploration and boutique mining company, today announced that it has a. Read More

According to the latest EITI report on Ethiopian mining, between 2018 and 2019 gold production hit 3.23 tonnes, generating a value of around ETB6.3bn ($126.3m), and operating as the driving force behind a mining industry whose products were valued at close to $150m by the end of the period.

 — EXCLUSIVE: Health woes, outrage, and toxins near Ethiopia gold mine - The New Humanitarian puts quality, ... In these places, the Ethiopian military has been waging a counter-insurgency campaign against the Oromo Liberation Army (OLA), an armed separatist movement, which, along with its civilian wing – the Oromo Liberation …

 — Through this mine, Midroc Gold planned to produce about 100 kg/yr of gold from 2012 to 2019. Tantalum is another significant mineral found in Ethiopia. Almost 80% of this mineral is used by Chinese-assembled computers, mobile phones and cameras. ... Reducing Fuel Consumption in Mining with Equipment Rebuilding.

Addis Ababa, April 16, 2021 (FBC) –The construction of Kumruk gold processing plant has been commenced in Benishangul Gumuz regional state. Engineer Takele Uma, Minister of Mines and Petroleum, and …

So far developed large scale gold mine in the country is the Lege-dembi gold mine, located in the southern greenstone belt region, being operated by private company with estimated reserve of 82 tons and an average annual production of 3.6 tons of gold. There is also small scale open pit mine of columbo-tantalite at Kenticha in the Adola belt. The

 — In a pivotal moment for Ethiopia's mining industry, a formal handover ceremony was conducted by Ries Engineering at the Legadembi Midroc Gold Mine to mark the official transfer of a fleet of heavy mining equipment to Midroc Gold. This event represents a significant leap forward in the operational capacity of the country's leading …

Ethiopia Gold Production was reported at 3,480.000 kg in Dec 2022. This stayed constant from the previous number of 3,480.000 kg for Dec 2021. ... Metal and Mining Sector – Table WB.USGS.GOLD: Precious Metals: Gold: Production by Country or Locality. View Ethiopia's Gold Production from 1990 to 2022 in the chart: max 1y 5y 10y. Apply Get this ...

 — The gold mine project is expected to comply with World Bank IFC Performance Standards and create direct and indirect jobs for 5,000 to 10,000 people. "We apply the same rules that are applied in advanced mining jurisdictions like Scandinavia, Australia and North America," the mining firm says.

According to the latest EITI report on Ethiopian mining, between 2018 and 2019 gold production hit 3.23 tonnes, generating a value of around ETB6.3bn ($126.3m), and operating as the driving force behind a mining …

 — Gold mining is a cornerstone of the Ethiopian mining industry, accounting for 93% of the sector's value; but does this point to a lucrative industry delivering financial gains or an unbalanced sector prone to volatility and loss? ... Underground mining equipment is similarly expected to see a CAGR of 2.3% in this same time frame, with the ...

 — The initiation of large-scale exploration and mining operations in Tigray is proceeding at a sluggish pace. Fiseha revealed that there are 29 predominantly foreign large-scale entities in Tigray, all of …

AGDE Adola Gold Development Enterprise EIGS Ethiopian Institute of Geological Surveys ... gold mining could be further accelerated or if additional economic primary ... equipment and supplies is a major bottleneck. 6. Exploration. The …

 — The expanded project aims to achieve average gold production of nearly 275 000 oz/y for the first four years and an average of over 240 000 oz/y over a ten-year mine life, based solely on mineral ...

 — Ethiopia is on the verge of a breakthrough in its mining sector, thanks to a new directive issued by the central bank that allows foreign investors to access hard currency for their projects. The …

mining activity as well as the changes needed for mining to be accepted by local communities (Norman & Jamele, 2016, p. 231) and help to ensure a net positive contribution of the sector. This study aims to determine the social effects of Midroc Gold plc. and Ethiopian Mines,

 — MultiLink Consulting, a top consulting firm and Business Consultant in Ethiopia established in 2007, offers specialized services in investment, business, tax, and project consulting. Additionally, our range of services includes company incorporation, business representation for bids and tenders, and HR recruitment. Partner with our …

mining sector, federal and regional, and their respective roles. Ethiopia's mining sector has undertaken a major reform programme in recent years. The reform is designed to make it easier than ever to invest in Ethiopia, encourage exploration and mining, and unlock the sector's full potential and value.

Addis Ababa, January 16, 2024 — Landmines, unexploded artillery shells, and other types of remnants of war litter former battlefields throughout Ethiopia, resulting in accidental civilian deaths and hindering farmers …