gold – New Business Ethiopia

What Ethiopia offers to a million diaspora coming home

December 8, 2021December 8, 2021BEHAK

BY ANDUALEM SISAY GESSESSE – About a week ago the Government of Prime Minister Abiy Ahmed of Ethiopia has invited one million Ethiopians in the diaspora to come home and celebrate Ethiopian Christmas (Genna).

Ethiopia set to end fertilizer, coal, steel importing

September 10, 2021BEHAK

By utilizing its natural gas, coal and iron ore deposits, Ethiopia is set to start production of fertilizer and coal next year, as well as iron ore processing within three years, says Eng. Takele Uma Minister of Mines.

Fosterville South to drill Beechworth Gold Project

June 18, 2021BEHAK

Fosterville South Exploration Ltd. announce it is mobilizing a drill rig to commenced drilling at its Beechworth Gold Project, located within the Tabberabbera Zone in the state of Victoria, Australia.

Ethiopia earns $1.1 billion from export in four months

November 27, 2020November 27, 2020newbusinessethiopianews

Ethiopia has earned a total of $1.1 billion from export of commodities during the first four months of the current budget year started July 8, 2020.

Ethiopia earns $145 million from gold export

June 18, 2020July 5, 2021NBE

Over the past eleven months of the current budget year of Ethiopia that ends July 7, 2020, the country has earned over $145.1 million from gold export.

Ethiopia export earnings increases 12 percent

June 10, 2020June 12, 2020

NEWS- The export earnings of Ethiopia for the first ten months the current budget year started July 8, 2029, has increased by 12.6 percent to $2.4 billion including the $329.3 million the country earned in the month of April.

Ethiopia gets $1.12 billion from export in five months

January 9, 2020January 9, 2020newbusinessethiopianews

The Ministry of Trade and Industry of Ethiopia said during the first five months of the budget year started July 8, 2019, the country has earned a total of $1.12 billion from export of different agricultural commodities, manufactured goods and minerals.

Ethiopia’s export earning continues to decline

August 11, 2019August 12, 2019

Ethiopia’s export performance which has been declining since 2012, has dropped by $170 million for the fiscal year concluded July 7, 2019 as compared to the previous year.

Al Hilal begins assembling gold detector devices in Ethiopia

August 3, 2019August 4, 2019

A company named, Al Hilal Gold Mining, is set to inaugurate Ethiopia’s first modern gold detector device assembly in the capital Addis Ababa.

Ethiopia finds 18 gold, gemstone, industrial mineral-rich areas

July 3, 2019July 3, 2019

The government of Ethiopia says it has found 18 gold, gemstone and industrial mineral-rich areas across the country during the current fiscal year started July 8,2018.

Ethiopia, Russia set to strengthen business ties

May 14, 2019July 7, 2019

The governments of Ethiopia and Russia are set to expand business ties on multiple frontiers, ranging from nuclear energy development to Russians investment in mining in Ethiopia.

Ethiopia misses 95% minerals’ export target

January 31, 2019July 23, 2019

Partly impacted by the revocation of MIDROC Gold license of Etho-Saudi billionaire Al Amoudi, Ethiopia has missed 95% of its mining export target for the first six months of the current fiscal year started July 8, 2018.

Ethiopia export income drops 38%

January 24, 2019January 24, 2019

Ethiopia earned export revenue of $1.21 billion in six months of the current Ethiopian fiscal year (July, 8, 2018 to January 7, 2019).

Nyota Minerals buys 80 percent share in Ethiopia

June 15, 2010April 30, 2019NBE

Following approval received at shareholder meeting last week, Nyota Minerals Ltd. (NYO.AU) announced yesterday, June 14, 2010 that it acquires 80 percent interest in land package totaling over 4,500 km2 of highly prospective exploration site in Ethiopia.