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 Ministry of Mines and Petroleum this week granted eight minerals exploration licenses to seven mining companies.

The Council of Ministers is scheduled to approve two mining licenses presented by the Ministry of Mines and Petroleum today.

The Ministry of Mines and Petroleum has drafted a national mining policy that would aimed at bolstering the local mining industry.

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.

The Ministry of Mines and Petroleum is drafting new mining and petroleum proclamations that would transform the sector.

  Artisanal miners, who are engaged in illegal mining activities in the Kenticha tantalum mine in Borena Zone of South East Oromia, are exposed to uranium radiation.  

Local and foreign investors engaged in various investment projects in different parts of the country disclosed that the government should ensure peace and stability around investment projects.