2024816;The company is still in the development phase, progressing towards the first trial stope and following that the very gold rich Stope 01, as part of its broader mine development
Abyssinian Gold, a community-based mining company focussed on developing low cost and sustainable gold mining projects. Abyssinian Gold’s mining projects are situated in southern
Mining is Ethiopia´s fastest-growing economic sector. The mining sector posted a 115% growth rate in and 91% in 2020, which translated into a five-fold increase of the sector´s
For a time, Yubdo Gold and Platinum, an English company, conducting small scale project was the only platinum mining operation in Ethiopia. Located in Oromia Regional State, they
925;The company’s initial investment capital is USD 391 million, which is the largest capital of the three companies allowed to get the large-scale gold mining licenses. The large
2025513;Ethiopia Mining companies in Tigray left in limbo due to leaderless administration. The political stalemate in the north of the country is intricately linked to mining
Companies under Mining Cluster – MIDROC Gold Mine PLC, National Mining Corporation PLC, MIDROC Geo and Exploration Service PLC are engaged in the extraction and processing of gold, precious dimension stones such as marble
Major Gold Mining Companies Operating in Ethiopia. Ethiopia is becoming a key place for gold mining. Many big companies are working hard to find and mine gold there. Some of the top
1230;The commencement of the eight coal mining companies is expected to increase the share of coal in energy supply while cutting the country’s hard currency spending
127;Deposits such as these are made even more attractive by the relatively supportive nature of Ethiopian mining law. The royalty rate for various commodities sits between 2% and 7%, with precious minerals such as gold at
20241130;Kurmuk Gold Mine PLC has announced its gold mining plant will begin commissioning by the end of 2025, with full-scale commercial production starting in 2026. The
Large ore based gold mines are the Lega Dembi (the largest mine in the Sidamo province of southern Ethiopia) and Sakaro, which have been mined by private companies; the amount of gold produced by these mines is reported to be
MOMP INVESTOR GUIDE - MINING IN ETHIOPIA MOMP INVESTOR GUIDE - MINING IN ETHIOPIA Ethiopia is the perfect mining destination for companies looking to invest in a high
52;The company is actively involved mining gold while being engaged in exploration to find new gold deposits. At present, Ethiopia has a single large-scale gold mine, the Midroc Gold Mine at Lega Dembi, which is
Browse gold mining mines in Ethiopia by region—including Oromiya.
The main places for gold mining in Ethiopia are Asosa zone, Lega Dembi, and Tigray. These areas are getting more attention for mining. They help grow gold reserves in Ethiopia and gold
•In Ethiopia: 95% of KEFI Minerals Ethiopia (KME) with Govt 5%. In Saudi Arabia: 40% of Gold & Minerals (G&M) JV with Saudi partner ARTAR. •In Ethiopia, Tulu Kapi (TK), on track for KEFI
2025328;Kush Mining & Exploration Plc (KME) is registered in the Federal Republic of Ethiopia. Its main purpose is to identify exploration and mining opportunities in Ethiopia and to
Large ore based gold mines are the Lega Dembi (the largest mine in the Sidamo province of southern Ethiopia) and Sakaro, which have been mined by private companies; the amount of
The flagship Shire Project is located in the same geological environment as Bisha (Nevsun) and the Asmara Project (Sunridge Gold) in Eritrea. The Nefasit and Adi Dairo Licenses are 100%
127;Deposits such as these are made even more attractive by the relatively supportive nature of Ethiopian mining law. The royalty rate for various commodities sits
Companies under Mining Cluster – MIDROC Gold Mine PLC, National Mining Corporation PLC, MIDROC Geo and Exploration Service PLC are engaged in the extraction and processing of
A giant US gold mining company – Newmont – which is developing a large-scale gold mine jointly with Ezana Mining Development (an Ethiopian company) in Shire, North-western zone of
125;As for Asosa, the Egyptian company ASCOM made a significant gold discovery in the zone in 2016. It published a maiden resource statement that claimed the presence of – curiously the same number
Gold is Ethiopia’s main mineral export and has been mined since ancient times, primarily as alluvial or free gold. At present, Ethiopia has a single large-scale gold mine, Lega Dembi, in
•In Ethiopia: 95% of KEFI Minerals Ethiopia (KME) with Govt 5%. In Saudi Arabia: 40% of Gold & Minerals (G&M) JV with Saudi partner ARTAR. •In Ethiopia, Tulu Kapi (TK), on track for KEFI
2024124;Ethiopia’s mining sector is set to boom, thanks to a new directive that allows foreign investors to access hard currency for their projects. led by London-listed company
With a Probable Ore Reserve of 1.05 million ounces and Mineral Resources totalling 1.72 million ounces of gold, KEFI is advancing the Tulu Kapi Gold Project in Western Ethiopia towards
It is the largest business entity in Ethiopia operating as part of the global MIDROC International owned by the internationally acclaimed entrepreneur Sheikh Mohammed Hussein Ali Al
416;“This will significantly increase the contribution of the mining sector to export earnings and national revenue,” Mining minister Takele said. Ethiopia’s 10-year economic