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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]
MIDROC Technology Group acquired the mine from the Ethiopian government for $172 million in 1997. The mine was initially an open-pit mine and produced gold and silver beginning in 1998, [7] and had a large open tailings pond. [8] MIDROC expanded and converted it into an underground mine. [7]
Derba MIDROC Cement: MIDROC: 2012 [1] Habesha Cement: Habesha Cement S.C. 2008 [2] Lemi National Cement Factory: West China Cement East African Holding Company 2024 [3] [4] Messebo Cement Factory: Endowment Fund for the Rehabilitation of Tigray: 1997 [5] Mugher Cement Enterprise: Ethiopian government: 1984 [6]
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
Between 1998 and 2008 MIDROC extracted 34 metric tons from the Lega Dembi mines, earning 466 million dollars; the new mine at Sakara is expected to bring a revenue of 564 million dollars, of which 130 million will go to the government as taxes and royalties. [2] Coffee is an important cash crop in this woreda; over 5,000 hectares are planted ...
This is the list of cement companies of Ethiopia. Pages in category "Cement companies of Ethiopia" ... Derba MIDROC Cement; L. Lemi National Cement Factory
NAIROBI (Reuters) -Ethiopia's foreign minister has warned that ammunition supplied to Somalia could exacerbate conflict and be diverted to terrorists, Ethiopia's state news agency reported on Tuesday.
Mohammed Hussein Ali Al Amoudi (Arabic: محمد حسين علي العمودي; born 21 July 1946) [1] is an Ethiopian-born Saudi billionaire businessman.. Born in Ethiopia to a Yemeni father from Hadhramaut and Ethiopian mother from the province of Amhara Region, he migrated to Saudi Arabia with his brother Mauricet and became a Saudi citizen.