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MIDROC Gold in hot water as crisis reaches climax

The controversy surrounding MIDROC Gold, the first large scale gold mining company in Ethiopia, reached a climax point this week when the Ministry of Mines, Petroleum and Natural Gas (MMPNG) decided to suspend the mining license of the company in the wake of a public outrage against the company in connection with an alleged environmental pollution.

UK mining firm says mining plans unaffected by political unrest

A UK mining firm, which is in the process to develop a new gold mine in south west Ethiopia— Kefi Minerals— revealed that its day-to-day activities in Ethiopia remains unaffected after the resignation of the country's Prime Minister sparked political uncertainty last week.  

Chinese firms eye gold, iron ore deposits in Ethiopia

Chinese mining firms are eyeing gold and iron ore exploration projects in Ethiopia. A Chinese Huanan State delegation that visited Ethiopia this week met officials of the Ministry of Mines, Petroleum and Natural Gas and discussed the investment opportunities in the mining sector in the country.