Latest News for: Ethiopia mining


Ethiopia: Ethiopia Terminates Contract With Chinese POLY-GCL

All Africa 22 Sep 2022
Addis Abeba -- Takele Uma, Ethiopia's Minister of Mines & Petroleum announced the termination of the contract with the Chinese POLY-GCL, which has been engaged in oil exploration in Ethiopia ....

Ethiopia revokes Chinese Poly GCL natural gas production license

New Business Ethiopia 21 Sep 2022
The Government of Ethiopia today announced that it has revoked natural gas and crude oil exploration and production license of the Chinese company, Poly GCL registered in the tax haven – British virgin island ... Takele Uma, Minister of Mines of Ethiopia, who briefed journalists.
photo: Creative Commons
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Ethiopia cancels gas, oil exploration contract with Chinese firm

Anadolu Agency 21 Sep 2022
Takele Uma, Ethiopia’s minister of mines and petroleum, said the deal with Chinese firm Poly-GCL was called off because of its “financial and organizational inability” to develop gas in the Ogaden Basin, a resource-rich area in ...

Akobo achieves positive results in Ethiopian gold exploration activity

Mining Weekly 14 Sep 2022
... in its license area in southwest Ethiopia, with positive results reported.

Proactive news headlines including Electric Royalties, Altaley Mining, QC Copper and Gold, ...

Eagle-Tribune 12 Sep 2022
Altaley Mining appoints seasoned professional Mike Struthers as CEO click hereElectric Royalties reveals positive PEA results for the Mont Sorcier project in Quebec click hereTransition Metals reports impressive channel sampling results and kicks off diamond drilling at its Maude ...

Ethiopia earns over 560 mln USD from gold exports in 2021/2022 fiscal year

Xinhua 07 Sep 2022
State Minister of Ethiopia Ministry of Mines Thomas Tut said the bulk of gold exports were earned from mining activities in South-West, Oromia, Benishangul-Gumuz and Gambella regions ... In recent years, Ethiopia has undertaken a mass sensitization campaign to combat illegal mining ...

Ethiopia caught Chinese involved in gold smuggling

New Business Ethiopia 03 Sep 2022
The Ministry of Mines of Ethiopia said foreign nationals mainly Chinese were found involved in smuggling of gold out of Ethiopia in collaboration with artisan miners ... The mining areas the foreign nationals were collaborating to smuggle the gold are found in Oromia, Benishangul ...

Ethiopia to allow US company produce gas and oil

New Business Ethiopia 27 Aug 2022
Takele Uma, Minister of Mines of Ethiopia, who received a study result about the economic feasibility of Ethiopia’s natural gas and oil by the joint company of the United States and the Netherlands – Netherlands, Sewell & Associates, Inc ... Takele Uma, Minister of Mines of Ethiopia.

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.

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Chinese President Xi Jinping, second right, Russian President Vladimir Putin, left, and Uzbek President Shavkat Mirziyoyev, right, talk to each other at the Shanghai Cooperation Organization (SCO) summit in Samarkand, Uzbekistan, Friday, Sept. 16, 2022.
AP / Sergei Bobylev, Sputnik, Kremlin Pool Photo via AP