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The mining stakes in Ethiopia are held by: The Ethiopian Mineral Development Share Company, a Government organization (EMDSC) (an amalgamation of earlier four Government enterprises) established in 2000 is engaged in all mining activities in the country; the Ezana Mining Development, functioning since 1993, a privately owned Ethiopian ...
MIDROC Ethiopia was established in 1994. In 2011 it made a profit of 1.3bn birr (US$70m). [4]MIDROC has major gold mining interests in Ethiopia [5] [6] and it is reported that MIDROC Gold Mine (a subsidiary of MIDROC Ethiopia) has paid the Ethiopian Government 100.1 million birr in royalties, the largest contribution of any mining company. [7]
Kenticha was mined for tantalum from 1990-2017. [5] Peak production from the mine was 90-95 tons of tantalum concentrate per year, valued at $20 million dollars/year. [3] Another sources states that before 2012, the mine produced 275 tons of tantalum/year, which was nearly 14% of global supply. [6]
[3] by Melese Alemu served as the first Minister of Mining and Petroleum on 18 April 2018. [4] In August 2019, the Ministry launched a new national cadastral system, which ease mining approval and management. Mining companies interested mining project in Ethiopia can submit, process and pay their applications online on the Ethiopian cadastral ...
The Lega Dembi Mine is the largest gold mine in Ethiopia and is near Shakiso in Oromia Region. [1] [2] Lega Dembi has a yearly production of around 4,500 kg of gold and silver, and is owned by MIDROC. [3] Pollution from the mine has resulted in environmental conflict that has exacerbated other political and ethnic conflict in the region ...
Ethiopia's economy experienced strong, broad-based growth averaging 9.4% a year from 2010/11 to 2019/20. Ethiopia's real gross domestic product (GDP) growth slowed down to 6.1% in 2019/20 due to the COVID-19 pandemic. [80] Industry, mainly construction, and services accounted for most of the growth.
Shakiso is a town in Oromia Region, Ethiopia. Located in the Guji Zone of the Oromia Region , this town has a latitude and longitude of 5°45′N 38°55′E / 5.750°N 38.917°E / 5.750; 38.917 and an elevation of 1758 meters above sea
The Danakil mine is a mine located in the northern Afar Region of Ethiopia. It represents one of the largest potash reserves in the country, estimated at 3.03 billion tonnes of ore grading 18% potassium chloride metal.