Thursday, February 22, 2024

Tag: Mining

Ministry of Mines grants six-month extension to Kefi Gold

The Ministry of Mines granted a six-month extension to the British mining company, Kefi Gold, to commence its gold mining operation in the Tulu...

British mining firm decides to pull out of Ethiopia

The British mining firm, NewAge has pulled-out of Ethiopia after the Ministry of Mines rejected the company's request to extend its license. 

Oromia Mining eyes 1,600 kg of gold, 20 tons in tantalum

Oromia Mining Share Company finalized preparations to produce and export 1,600 kilogram of gold from Adola in the current fiscal year. The company is...

Ethiopia to ‘legally quit’ coal imports beginning next year

The government of Ethiopia gave a one year ultimatum to a group of local investors to substitute coal imports as Ethiopia continues to aspire to become self-sufficient in coal supply and demand by next year.

Two mining companies receive final warnings

Two foreign mining companies, YaraDalolBv and Circum Minerals, conceded to surrender their mining licenses in Ethiopia to the government, if they do not start production within the stipulated time frame.