Ethiopia generated mining revenue of $303m in the past five months, according to the minisGrotry of mines. That total is more than six times the amount recorded – $49m – in the fiscal year 2018/2019. It is …

Addis Ababa, November 27/2023 (ENA) The Ministry of Mines disclosed that a total of 170 companies are currently engaged in the exploration and development of mineral resources in Ethiopia. State ...

Addis Ababa, Ethiopia Mining & Technology Expo MINTEX by Ministry of Mine November 24 - 28 Reserve a Booth Get the latest info about MINTEX When: November 24 - November 28 Where: Millenium Hall, Addis Ababa MINTEX is aiming to be Africa's largest and most prominent mining event, embracing the whole value chain of survey

Ethiopia has many advantages as a destination for mining investment. These include promising geology, a well-designed fiscal regime, stable government and …

Silver Mountain Announces $7.5 Million Public Offering. TORONTO, April 16, 2024 (GLOBE NEWSWIRE) -- Silver Mountain Resources Inc. (TSXV: AGMR) (OTCQB: AGMRF) ("Silver Mountain" or the "Company"), is pleased to announce that it has entered into an agreement pursuant to which Eight Capital and SCP Resource ….

With 189 member countries, staff from more than 170 countries, and offices in over 130 locations, the World Bank Group is a unique global partnership: five institutions working for sustainable solutions that reduce poverty and build shared prosperity in …

Yet obstacles remain for Ethiopian mining, on both small and large scales. Perhaps the greatest challenge facing the sector is its over-reliance on the gold industry, which has led to problems for the entire mining supply chain as the value of gold exports has fallen in recent years. The EITI … See more

In Ethiopia mining activity can be carried out by any kind of business, whether an Ethiopian or a foreign company, registered and licensed in Ethiopia. Under Ethiopian law there are four modes of doing business. These are; Private company: Under Ethiopian law there are requirements set for registering a private company.

As Ethiopia continues on its trajectory of growth catalyzed by reform, the mining sector more than ever is becoming pivotal to the economy as a diversification from agriculture. The country has deposits of coal, opal, gemstones, kaolin, iron ore, soda ash, and tantalum, and gold, which is mined in significant quantities. Since 18 August 2020, …

Ethiopia aims to increase the mining sector's contribution to GDP to 10% by 2030 from 3% today. However analysts say it will be hard for the government to achieve that goal solely by attracting ...

Ethiopia's mining sector has potential to stimulate economic growth & poverty reduction, says Chinganya | United Nations Economic Commission for Africa. 5 …

Mining is a priority sector in Ethiopia's home-grown economic reform. Ethiopia is an ideal mining destination with investment security, a sound infrastructure and largely untapped potential. EIMC 2020 provides a platform with a dedicated license promotion room, for engagement with investors, development of public and private partnerships, and ...

Snapshot: The Ethiopian Mining Industry. Previously published on July 2012. Keywords: Ethiopia, mining industry, Ethiopia has many of the essential elements required for success as a mining nation. It is unquestionably resource rich, with a vast breadth of undeveloped minerals and resources, including significant gold and tantalum …

Ethiopia, which allowed bitcoin mining starting in 2022 even though it still bans cryptocurrency trading, has bolstered ties with China over the past decade, and several Chinese companies helped ...

Ethiopia mining regulatory review. Chris Suckling. Ethiopia's minister of mines and energy, Urkato Kurke, said on 5 February that reforms to mining laws were being undertaken and would be finalized within the next two months. New mining investment will probably benefit from duty-free privileges and tax exemptions, whereas …

This Mining Cadastre Portal is provided as a public service by the Ethiopian Ministry of Mines and Petroleum, the Regional Mining Authorities and the City Administrations. The Mining Cadastre Portal and all of the information it contains are provided "as is" without warranty of any kind, whether express or implied.

Types of Mining Licenses in Ethiopia. According to the Mining Operation Proclamation No 678/2010 as well as the amendment Proclamation No 816/2013, there are different types of mining licenses. These include artisan mining license, small scale mining license, special small scale mining license and large scale mining license. …

Production at Segele in the country's southwest near the border with South Sudan will begin in the first quarter of 2023, says Evjen, who calls the development "a major milestone for the Ethiopian mining industry.". A team from Akobo's South African mining contractor, IW Mining, arrived on site in September.

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 which are presently in the exploration phase. According to officials, the operations of the majority of these enterprises remain dormant.

The Tulu Kapi project, located in the Oromia region, has the potential to produce 140,000 ounces of gold per year for seven years, with an estimated value of …

5. The importance of Mining sector in Ethiopia. 5.1 Economic benefits. Generally the mining sector in Ethiopia generates revenue from sales, taxes, royality as well as generates foreign currency earnings and also saving of hard. currency in substituting the imported mineral related inputs of the country.

Ethiopia has many advantages as a destination for mining investment. These include promising geology, a well-designed fiscal regime, stable government and a growing …

Ethiopia: Five Largest Mines in 2021. Kenticha Project in Oromiya, was the largest mine in Ethiopia, producing approximately 1.28 million metric tons per annum (mmtpa) of Run-of …

The government of Ethiopia says it has found 18 gold, gemstone and industrial mineral-rich areas across the country during the current fiscal year started July 8,2018. The state agency Ethiopian Geological Survey has identified seven industrial minerals including iron-ore in Amhara, six alluvial gold in Tigray and five gemstone deposits in the ...

In mid-June 2021, Sun Mining Coal factory the first coal factory in Ethiopia and a sister company of Sunshine Investment Group owned by the Ethiopian tycoon Tafesse, has laid a foundation to commence …

1.1 Background of the Mining sector of Ethiopia 1.2 The vision of the Ethiopian mining sector 1.3 Executive institution of the mineral sector of Ethiopia 2. Legal regime 3. …

Ethiopia has signed a preliminary agreement to develop infrastructure for data mining and artificial intelligence training operations, the government's strategic investment arm said.

Ethiopia vowed on Monday to remove barriers to investment in its mining sector, focusing efforts on minerals used in agriculture and construction which will help drive its industrialisation.

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 directive, which came into effect on 1 January 2023, is expected to accelerate the development of the country's first industrial-scale gold mine ...