Business

Ethiopia: Mining Companies in Tigray to Resume Exploration, Production Work Soon


Addis Ababa — :-The Ministry of Mines has announced that activities are well underway to enable companies engaged in mineral exploration and production in the Tigray region resume operations soon.

Various international mining companies have already given confirmation to resume operation soon.

During the war in northern Ethiopia, various development activities, including the mining sector, were disrupted and suffered several damages.

However, development activities and provision of services have been restored due to the stability created following the peace agreement.

ENA has talked with the Minister of State for Mines, Million Mathews, regarding the activity in the Tigray region, especially in the exploration and production of gold and other minerals.

According to him, international companies that were engaged in mineral development and exploration in the region had faced challenges due to the war. However, he said there are opportunities now to restart mining exploration and development.

He also explained that the peace agreement signed by the government of Ethiopia and the TPLF in Pretoria, South Africa to end the war and bring lasting peace signed has brought great relief to the stakeholders engaged in the mining sector, he added.

As a result, favorable conditions have now been created for the companies engaged in the production and exploration of gold, cement and other minerals in the Tigray region to resume operation to work, the Minister of State said.