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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. [3] Mining for gold is a key development sector in the country. Gold export, which was just US$5 million in 2001, has recorded a large increase to US$602 million in 2012.
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. [55] Mining for gold is a key development sector in the country. Gold export, which was just US$5 million in 2001, has recorded a large increase to US$602 million in 2012.
The Ministry of Mines and Petroleum (Amharic: የማዕድንና ነዳጅ ሚኒስቴር) is the Ethiopian government department responsible for management of mining and petroleum sector in Ethiopia. It was established in 2018 under Proclamation No 1097/2018 and Melese Alemu served as the first Minister of the position. In 2020, Takele Uma ...
Ethiopia 's industrial sectors classified into four basic groups: agriculture, food processing, construction, resources and energy and tourism. Agriculture constitutes over 50% of economic sector in Ethiopia, and the largest dependable economic activity. It includes production of livestock products (milk, egg, meat), beverages, leather and ...
Ethiopia has signed a preliminary agreement to develop infrastructure for data mining and artificial intelligence training operations, the government's strategic investment arm said. Ethiopian ...
Lega Dembi mine is located in Oromia Regional State, Guji Zone, about 500km south of Addis Ababa. Lega Dembi is part of the Adola gold deposit, and was discovered in the 1930s. The mine was developed by the Ethiopian empire with forced labor and penal servitude. At this time, a garrison of 900 soldiers provided security for the mine; displaced ...
Environmental impact of mining can occur at local, regional, and global scales through direct and indirect mining practices. Mining can cause erosion, sinkholes, loss of biodiversity, or the contamination of soil, groundwater, and surface water by chemicals emitted from mining processes. These processes also affect the atmosphere through carbon ...
MIDROC Ethiopia was established in 1994. In 2011 it made a profit of 1.3bn birr (US$70m). [4]MIDROC has major gold mining interests in Ethiopia [5] [6] and it is reported that MIDROC Gold Mine (a subsidiary of MIDROC Ethiopia) has paid the Ethiopian Government 100.1 million birr in royalties, the largest contribution of any mining company. [7]