Latest News for: Ethiopia mining


Worku Aytenew buys Kuriftu-Bahir Dar

Capital Ethiopia 15 Aug 2022
Kuriftu is expected to be the first hospitality industry led business for Worku Aytenew who is a newly emerging business tycoon owning many huge companies in different parts of Ethiopia. The business magnate has invested in the palm oil importation business, commercial farming, mining, aviation, and real estate. ....

Artisanal gold mining in SA is out of control. Mistakes that got it here

Business Day 04 Aug 2022
Illegal and unregulated artisanal gold mining on the Witwatersrand Basin, south of Gauteng, is an increasing threat to community, industrial and state security ... They attribute rampant crime in the area over the past few years to illegal mining — a situation that law enforcement officials seem unable or unwilling to control.

Akobo appoints South African company as mining contractor for Ethiopia mine

Mining Weekly 01 Aug 2022
... IW Mining to operate the underground mine at Segele, in Ethiopia.

Trade ministry targets ‘$5.4 billion’ from export

Capital Ethiopia 25 Jul 2022
To this end agriculture, manufacturing and mining sector pays significant role for the overall export progress of the country ... Ethiopia gives due emphasis to the agriculture, mining and manufacturing sectors such as textile and garment, leather and pharmaceuticals exports as sources of substantial foreign currency.

Stabilised security situation in Ethiopia allows for Tulu Kapi to progress towards development

Mining Weekly 13 Jul 2022
Kefi has a vested interest in Ethiopia, where the Tulu Kapi gold project is being progressed ...

Akobo Minerals secures first phase of Segele project financing

Mining Weekly 06 Jul 2022
... to fund the first phase of the Segele mining operation in Ethiopia.

Crypto mining profitability varies wildly based on location

Cryptoslate 06 Jul 2022
The report estimates how expensive it is to mine the top three most popular PoW cryptocurrencies — Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE) ... The varying cost of crypto mining around the world ... Yemen, Ethiopia, and Kyrgyzstan require around $7,160 to mine a single Bitcoin while doing the same in Angola and Qatar will set back miners $7,360.

Landmines Add to Drought Woes of Ethiopian Herders

Voa News 30 Jun 2022
After speaking with locals, VOA was unable to establish which side in the conflict was responsible for laying the mines. Bekele Gonfa, executive director of a nonprofit in Addis Ababa that supports landmine victims, said people in mined areas of Ethiopia, like Chifra, need help.

Kefi refutes media reports that it lost its Tulu Kapi licence

Mining Weekly 27 Jun 2022
It notes that it has received a reminder of deadline letter from the EthiopiaMinister ...

Gold exploration firm on verge of losing license

Capital Ethiopia 27 Jun 2022
KEFI Gold & Copper PLC, of the Tulu Kapi Gold Mine project opposes the decision of Ministry of Mines in the termination of its license. Takele Uma, Minister of Mines announced on Wednesday, June 15, that the Ministry has revoked 972 licenses of which the Tulu Kapi Gold mining project has fallen victim.

The best A24 movies to watch for Midsummer

The Daily Dot 24 Jun 2022
The start of the summer is upon us once again. Longer days, warm weather, summer Fridays—all the things we love about the season are about to be in full swing ... In honor of our favorite time of the year, we’ve rounded up the best A24 movies to watch for Midsummer ... When he discovers a rare opal mined in Ethiopia, he feels like his luck is about to turn.

Ethiopia earns 513.9 mln USD from gold exports in 11 months 21 Jun 2022
"Our gold export revenues are now the second highest foreign currency earner for our country next to coffee exports," Takele Uma, Ethiopia Minister of Mines said in a Facebook post ... In recent years, Ethiopia has undertaken a mass sensitization campaign to combat contraband ...

Ethiopia eyes more Chinese investments on priority sectors

Xinhua 14 Jun 2022
Lelise Neme, Commissioner for the Ethiopian Investment Commission (EIC), speaks during an interview in Addis Ababa, Ethiopia, on June 8, 2022 ... Ethiopia expects a growing number of Chinese investments across various priority development sectors, including agriculture, manufacturing, tourism, ICT and mining, a senior government official has said.

Indigenous people protest opening of world’s largest mining fair

La Prensa Latina 14 Jun 2022
Among the protesters were also representatives of the Tigray, an ethnic group in Ethiopia that has been in armed conflict with the Addis Ababa regime since November 2020, who denounced that Canadian mining companies are profiting from the civil war ... We are a mining superpower.

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An unarmed Minuteman III intercontinental ballistic missile launches during an operational test at 1:13 a.m. Pacific Time Oct. 2, 2019, at Vandenberg Air Force Base, Calif.
USAF / Staff Sgt. J.T. Armstrong