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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.