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gold mining licence ethiopia

Ethiopia suspends MIDROC Gold mining license after weeks ...

May 11, 2018  Ethiopia has suspended a mining licence for MIDROC Gold, company owned by Saudi billionaire Mohammed al-Amoudi, after more than a week of

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Ethiopia cancels 27 idle mining licences in push for ...

May 14, 2021  Ethiopia has cancelled 27 idle mining licences and sent warnings to three companies, the mines ministry said on Friday, as the government looks to spur production.

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Ethiopia revokes gold mining license of MIDROC Gold – New ...

May 10, 2018  Ethiopia’s Ministry of Mines, Petroleum and Natural Gas has suspended gold mining license of MIDROC Ethiopia’s Legadembi Gold Mine in Gugi Zone Oromia Regional State. The decision followed a continuous resistance of the local community who claimed to be impacting negatively the lives of the people in the area.

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Ethiopian Projects - East Africa Metals TSX-V EAM

EAM, through its Ethiopian subsidiary company Harvest Mining PLC, has received a mining licence for the Terakimti Gold Heap Leach Project. Multiple Trends of Copper-Gold-Silver-Zinc The Harvest Project contains multiple trends of copper-gold-silver-zinc rich VMS systems and numerous artisanal bedrock gold workings on its three exploration licences.

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East Africa Metals: Unearthing Ethiopia’s gold potential

Nov 19, 2020  This article first appeared in Mining Review Africa Issue 10, 2020 Read the full digimag here or subscribe to receive a print copy here. The company has four gold mining licences in East Africa, namely Handeni in Tanzania and Harvest and Adyabo in Ethiopia. EAM’s combined resources are of 1 636 Moz of indicated gold and 1 269 oz of inferred gold.

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Mining License in Ethiopia: Types, Procedures and Regulations

Mar 13, 2012  Mining License in Ethiopia: Types, Procedures and Regulations Details Written by 2M Editor Published on 13 March 2012 Category: Industry. A person is required to obtain a license to engage in mining activity in Ethiopia. Mineral operation licenses are issued by the Federal Ministry of Mines and Petroleum, and the Mines Bureaus of Regional States.

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Ethiopia revokes licences of 63 mining companies - MINING.COM

Dec 16, 2020  Ethiopia. Stock image. Ethiopia has revoked the mining licences of 63 companies due to breach of contract, the mines minister said on Tuesday without providing any names. The mining

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Algeria Cancels France24 License, Ethiopia Suspends Gold ...

Jun 14, 2021  Here is the latest #Africannews#Africa Aviation Stakeholders Mull Over High Cost of Air Travel in Africa.#Algeria cancels France 24 licence.#SouthAfrica Priv...

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Mining in Ethiopia - Wikipedia

Mining is important to the economy of Ethiopia as a diversification from agriculture. Currently, mining comprises only 1% of GDP. Gold, gemstones (diamonds and sapphires), and industrial minerals are important commodities for the country's export-oriented growth strategy. Tantalum mining has also been profitable. It was reported that in the late 1980s, the mineral industry lacked importance given that it contributed less than 0.2 percent of Ethiopia's GDP. Mining for gold is a key development sector in the c

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Ethiopia revokes gold mining license of MIDROC Gold – New ...

May 10, 2018  Ethiopia’s Ministry of Mines, Petroleum and Natural Gas has suspended gold mining license of MIDROC Ethiopia’s Legadembi Gold Mine in Gugi Zone Oromia Regional State. The decision followed a continuous resistance of the local community who claimed to be impacting negatively the lives of the people in the area.

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Ethiopia revokes 27 inactive mining licences in cautionary ...

May 14, 2021  Ethiopia, which has a mostly artisanal mining industry, is on a quest to woo foreign companies to start projects in the country, which is rich is potash, gold, tantalum, sapphires and construction minerals. Gold mining has seen a record growth in the past year, despite restrictions brought by the global pandemic.

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Ethiopia cancels 27 idle mining licences in push for ...

May 14, 2021  Ethiopia cancels 27 idle mining licences in push for development. JOHANNESBURG, May 14 (Reuters) - Ethiopia has cancelled 27 idle mining licences and sent warnings to three companies, the mines ministry said on Friday, as the government looks to spur production. Ethiopia has now cancelled 90 mining licences, including 63 it revoked in December.

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KEFI assembles $356M financing package to start gold ...

Aug 23, 2021  The Tulu Kapi gold project in western Ethiopia is being progressed towards development, following a grant of a Mining Licence in April 2015. KEFI plans to start production in mid-2023. At Tulu Kapi, the company expects gold production of 190,000 oz annually, with all-in sustaining costs of between $800/oz and $900/oz. Tulu Kapi's ore reserve ...

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Artisanal and Small Scale Mining (ASM) in Ethiopia - MoMP

While Ethiopia has an artisanal mining license process in place, around 94% of active artisanal miners are unlicensed. Relatedly, only around 20% of the royalties owed by artisanal miners is actually collected. This means that, with better sector oversight, Artisanal Mining has the potential to be a far more potent contributor to Ethiopia’s fiscus.

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KEFI assembles $356M financing package to start gold ...

Aug 23, 2021  The Tulu Kapi gold project in western Ethiopia is being progressed towards development, following a grant of a Mining Licence in April 2015. KEFI plans to start production in mid-2023. At Tulu Kapi, the company expects gold production of 190,000 oz annually, with all-in sustaining costs of between $800/oz and $900/oz. Tulu Kapi’s ore reserve ...

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New Copper and Gold Exploration Licence Granted in ...

Jun 04, 2019  Zager Exploration Licence . The Zager exploration licence covers an area of approximately 285km 2 in northern Ethiopia. The Licence targets the Nakfa terrane of the Neoproterozoic Arabian Nubian Shield, which is considered highly prospective for polymetallic and gold-rich VMS mineralisation, as well as orogenic lode gold deposits.

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MIDROC Gold Mine, Lege Dembi, Ethiopia EJAtlas

Jul 28, 2018  Gold is Ethiopia's main mineral export and has been mined there since ancient times, primarily as alluvial or free gold. MIDROC Gold, one of the subsidiary companies administered under MIDROC Technology Group, acquired the Legedembi Gold mine from the government through privatization for 172 million dollars in 1997.

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Federal Democratic Republic of Ethiopia

-Circum minerals applied for large scale potash mining. 2.7 million tons ROM Advanced development stage exploration for Gold Base metals; -Kefi Minerals, acquired gold and silver mining licenses and is on development stage in Oromia, western Ethiopia. -Midroc-Metekel project is also at final stage to be granted Mining license - -

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23 Minerals in Ethiopia with Details (Gold, Gemstones, etc ...

Vale Inco Ltd. the 2nd largest metal and nickel mining company in the world has acquired an industrial mining license in the southern part of Ethiopia. The company through its subsidiary Vale South Africa Exploration Ltd., is looking to explore nickel, copper, and cobalt which are key raw materials used for industrial production, including food ...

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MIDROC Gold Mine, Lege Dembi, Ethiopia EJAtlas

At present, Ethiopia has a single large-scale gold mine, the Midroc Gold Mine at Lega Dembi, which is an operating open pit mine in Ethiopia. The mine was privatised and awarded to Midroc Ethiopia in 1997. A mining license was awarded and a new company – Midroc Legadembi Gold Mine Share Company (Minroc Gold) commenced production in August 1998.

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News Altus Strategies Plc.

Licence contains historic copper occurrence and active artisanal gold mining; First phase reconnaissance and sampling programme to commence immediately; Steven Poulton, Chief Executive of Altus, commented: “The award of the Daro exploration licence in northern Ethiopia is an exciting addition to our project portfolio.

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Urgent appeal to special procedures regarding Ethiopia’s ...

In 1997, Ethiopia granted a 20-year mining license to Mohammed International Development Research and Organization Companies (MIDROC), whose owner, through his various businesses, is the largest private employer in Ethiopia.

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Companies eye Tigray for gold production - capital Newspaper

Feb 24, 2020  In the gold sector Ezana Mining Development is engaged in production and for the year it has supplied 2.7 quintals of gold for the National Bank of Ethiopia. Dawit Gebregziaber Abrha Gold Mining Enterprise, which is engaged on a small scale, Newmont Venture Limited Ethiopia and Harvest Mining have secured the mining license that is given by ...

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Ethiopia cancels 27 idle mining licences in push for ...

May 14, 2021  Ethiopia cancels 27 idle mining licences in push for development. JOHANNESBURG, May 14 (Reuters) - Ethiopia has cancelled 27 idle mining licences and sent warnings to three companies, the mines ministry said on Friday, as the government looks to spur production. Ethiopia has now cancelled 90 mining licences

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MINING ETHIOPIA - MoMP

6. INVESTING IN ETHIOPIA’S MINING SECTOR 38 6.1 About the Ministry of Mines and Petroleum 39 6.2 How to apply for a licence 41 6.3 Mining licence application process 43 6.4 About Ethiopia’s legal and regulatory framework 43 6.4.1 Mining legislation and regulations 44 6.4.2 Tax 45 6.4.3 Environment 45 6.4.4 Commercial licencing 45

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Ethiopia cancels 27 idle mining licences in push for ...

May 14, 2021  Ethiopia has cancelled 27 idle mining licences and sent warnings to three companies, the mines ministry said on Friday, as the government looks to spur production. Ethiopia

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Ethiopia: ASCOM Negotiating for Gold Mining License

Nov 12, 2014  Ethiopia: ASCOM Negotiating for Gold Mining License. ASCOM Mining Plc is holding talks with Ethiopia’s Ministry of Mines in order to secure a large scale gold mining license. ASCOM is a multinational mining company and it has been involved in exploring for gold in western Ethiopia. Since 2009, it has been working in Benishangul Gumuz State ...

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Ethiopians Protest MIDROC Gold Mining License Renewal

May 07, 2018  “They want the license to be revoked since the company has been mining gold for export without contributing to the local economy or the society’s well-being,” Galchu said. Bacha Faji, a spokesman for Ethiopia’s Ministry of Mines, Petroleum and Natural Gas, said the renewed contract’s terms direct a share of the company’s earnings to ...

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Mining in Ethiopia: Mining Law in Perspective - HG.org

Types of mining license under Ethiopian mining law According to the ministry of mines and energy, investors can invest on mining on all modes of doing business in Ethiopia. Namely, sole proprietorship, business organizations. etc. the ministry of mines and energy has the authority to give mining license.

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Gold Discoveries on Zager VMS Licence in Northern Ethiopia

Aug 15, 2019  Zager Exploration Licence . The Zager exploration licence covers an area of approximately 285km 2 in northern Ethiopia. The licence targets the Nakfa terrane of the Neoproterozoic Arabian Nubian Shield, which is considered highly prospective for polymetallic and gold-rich VMS mineralisation, as well as orogenic lode gold deposits.

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Ethiopia suspends gold mining firm's licence after weeks ...

May 10, 2018  Ethiopia has suspended a gold mining firm's licence after weeks of protests in a town near the mine by local people who accuse the company

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MIDROC Gold Mine, Lege Dembi, Ethiopia EJAtlas

Jul 28, 2018  Gold is Ethiopia's main mineral export and has been mined there since ancient times, primarily as alluvial or free gold. MIDROC Gold, one of the subsidiary companies administered under MIDROC Technology Group, acquired the Legedembi Gold mine from the government through privatization for 172 million dollars in 1997.

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23 Minerals in Ethiopia with Details (Gold, Gemstones, etc ...

Vale Inco Ltd. the 2nd largest metal and nickel mining company in the world has acquired an industrial mining license in the southern part of Ethiopia. The company through its subsidiary Vale South Africa Exploration Ltd., is looking to explore nickel, copper, and cobalt which are key raw materials used for industrial production, including food ...

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Ethiopia Extractive Industries Transparency Initiative

Feb 17, 2021  The country is a leading producer of gold and limestone, but also produces smaller quantities of tantalum, salt and pumice. Ethiopia EITI aims at helping the government reform the mining sector to ensure a good return on Ethiopia’s significant untapped mineral resources. Ethiopia's latest EITI report is for the financial year 2016/2017.

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Companies eye Tigray for gold production - capital Newspaper

Feb 24, 2020  In the gold sector Ezana Mining Development is engaged in production and for the year it has supplied 2.7 quintals of gold for the National Bank of Ethiopia. Dawit Gebregziaber Abrha Gold Mining Enterprise, which is engaged on a small scale, Newmont Venture Limited Ethiopia and Harvest Mining have secured the mining license that is given by ...

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News Altus Strategies Plc.

Jun 03, 2019  Blytheweigh (Financial PR) Tim Blythe / Camilla Horsfall. Tel: +44 (0) 20 7138 3204. About Altus Strategies Plc. Altus is a London (AIM: ALS) and Toronto (TSX-V: ALTS) listed royalty and project generator in the mining sector with a focus on Africa. Our team creates value by making mineral discoveries across multiple licences.

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News Altus Strategies Plc.

Licence contains historic copper occurrence and active artisanal gold mining; First phase reconnaissance and sampling programme to commence immediately; Steven Poulton, Chief Executive of Altus, commented: “The award of the Daro exploration licence in northern Ethiopia is an exciting addition to our project portfolio.

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