Kefi Mineral’s Plc, a UK gold exploration and development company, involved in gold mining development project located in West Wellega Zone, Tullu Kepi woreda has been attacked by an armed group, The Reporter has learnt.
The House of People’s Representatives (HPR), on Thursday, approved a draft proclamation regulating the country’s mining sector and transactions empowering regional states with the right to grant and regulate mining and competency licenses.
The Israeli fertilizer giant, Israel Chemicals (ICL), which filed a law suit against the Ethiopian government at the Permanent Court of Arbitration at The Hague in 2017 in connection with a controversial tax claim, recently dropped the charge.
The Ministry of Mines and Petroleum on Wednesday announced that it will release the inquiry report on the alleged environmental pollution caused by the MIDROC Gold Mine in the Lega Dembi locality, Oromia Regional State.
The Chinese company, which is in the process of developing the natural gas fields in the Ogaden basin, Somali Regional State, Poly GCL Petroleum Investment, is negotiating with the Ethiopian Minerals, Petroleum and Bio Fuel Corporation on the government’s interest in the gas development project.