Ethiopia gold production increases threefold

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Gold production of Ethiopia by artisan miners over the past three months starting July 7, 2020, has increased by close to 300 compared to the target set by the Ministry of Mines and Petroleum of Ethiopia (MMP).

The artisan miners in the country have produced 2241 kilograms of gold, which is almost 299% more than the target set by Ministry, according to the report presented to the press this morning by Minister of Mines and Petroleum Eng. Takele Uma. He indicated that the production of gold has tripled by the measures taken by the government to fight contraband trading of gold by making available gold collection centres near the artisan miners. 

In his report Eng. Takele also stated that the country has exported 15 tons of tantalum and close to 767 kilograms of opal produced by artisan miners. Over the last three months, Ethiopia has earned a total of $178 million from the export of minerals mainly gold, opal and tantalum.

Source: New Business Ethiopia

TOA Correspondent

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