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The mine is located in Oromia state, 600 km south of Addis Ababa. It is mined by Ethiopian Minerals, Petroleum and Bio Fuel Corporation, and the products mainly exported to China. [3] Kenticha was mined for tantalum from 1990-2017. [5] Peak production from the mine was 90-95 tons of tantalum concentrate per year, valued at $20 million dollars ...
Licenses have been issued to 250 foreign firms from countries such as China, South Africa, the UK, the US and Canada. The license stipulates that every mining company should allocate 5% free equity shares apart from 8% royalties and 35% income tax. [1] The initial validity of the lease is for 25 years extendable for further ten-year period. [7]
Ethiopian regions and zones. Though the Oromia region was the area where coffee was first discovered, [1] [2] [3] the previous socialist Derg regime imposed collective ownership, and farmers were required to channel all sales through local traders and auction centers in Addis Ababa and Dire Dawa, [3] thereby stunting the growth of the coffee trade in the region.
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Oromia is a major contributor to Ethiopia's main exports - gold, coffee, khat and cattle. Lega Dembi in Guji Zone, owned by MIDROC has exported more than 5000 kilograms of gold, [52] followed by Tulu Kapi gold deposit in West Welega Zone. [53] Awoday in East Hararghe Zone is the biggest market of khat exporting to Djibouti and Somalia. [54]
In February 2018, the president of the Oromia regional state, Lemma Megersa, pledged to defend the independence and impartiality of the state-run Oromia Broadcasting Network (OBN), among others. He stated this after a central committee meeting in Adama by the OPDO, the Oromo faction of the ruling EPRDF party that controls the Oromia. [3]
BEIJING (Reuters) -China's exports grew at their fastest pace in nearly 1-1/2 years in August, suggesting manufacturers are rushing out orders ahead of tariffs expected from a growing number of ...
The Lega Dembi Mine is the largest gold mine in Ethiopia and is near Shakiso in Oromia Region. [1] [2] Lega Dembi has a yearly production of around 4,500 kg of gold and silver, and is owned by MIDROC. [3] Pollution from the mine has resulted in environmental conflict that has exacerbated other political and ethnic conflict in the region ...