nazret.com
 

Ethiopia says British, Saudi firms find gold

10/23/09

Permalink 10:24:57 pm, by nazret.com, 73 words, 3675 views   English (US)
Categories: Ethiopia

Ethiopia says British, Saudi firms find gold

  • Currently 3.64/5
  • 1
  • 2
  • 3
  • 4
  • 5
  • i

Ethiopia says British, Saudi firms find gold

ADDIS ABABA (Reuters) -
Two mining companies have discovered gold deposits in Ethiopia that could yield up to 41 tonnes, a top government mining official said on Friday.

Gebre Egziabher Mekonen, head of the Mineral Operation Department in the Ministry of Mines and Energy, told Reuters the Golden Prospecting Mining Co., a British firm, had found a deposit of about 23 tonnes in western Ethiopia.


Read More from Reuters ...

PermalinkPermalink 15 comments
Comment continues below ↓
Google
 
Web www.nazret.com

advertisement

Comments, Pingbacks:

msg Comment from: addis zemen [Visitor]
We expect more, if the stablity of the country stays llike this under the woyane govt,it is possible not only in the gold minning industry also the oil exploration will show a great success soon.
PermalinkPermalink 10/23/09 @ 23:06

I am solely responsible for this comment and agree to abide by the terms and conditions

msg Comment from: kibrom [Visitor]
95 % go to the mining company, 5 % go to the eritrean melese, sebehat and bereket. The people of ethiopia will get the remaining. 000000000000000000000
PermalinkPermalink 10/24/09 @ 00:06

I am solely responsible for this comment and agree to abide by the terms and conditions

msg Comment from: Degu [Visitor]
Wow oak first in western Ethiopia?? Not in tegraye... The money from the sell will go directlly to Great tegraye developments just like the sell of southern Ethiopia Gold mining to Al Amudi did. Now woyelata and sidamo people are suffern.... What would European or American see these two different land? Who supposed to get starved I mean I'm not wishing for any body, just saying.
2nd, oak why every time should be genre egziabeher, gerencheal, gerem Mariam, aleganeshe, terehase etc.?????
How greedy are?? They don't even have shame my God!!!!! If the CEO is any other tribes the second or third person will be from tegraye.
How do expect you to react?? Whoever leave to come to America most likely from tegeraye.
Whoever importer or exporter will be from tegraye atleast the brocker will be from adi grat even he couldn't speak ameharic arbic or english lol. It's, wechegude"
PermalinkPermalink 10/24/09 @ 01:25

I am solely responsible for this comment and agree to abide by the terms and conditions

msg Comment from: DEMOCRACY NOW [Visitor]
"Once the two proven gold deposits were developed into mines, Ethiopia's annual income from the sector could reach up to $1.7 billion a year at current prices, from the present $105 million a year, he said."

News of famine one day and headlines of gold the day after:

I will believe it when I see it. News like this should be celebrated. Yes. But on the other hand, we're [Ethiopi] rather blessed with natural resources and it's not the lack of it we're suffering but rather due to MISS-MANAGING what we have. Corruption and treason will reduce whatever gold is found and will - ONE WAY OR ANOTHER FATTEN SHAEBI/TPLF cadres before making foreigners even richer.

the revolution will not be televised //
PermalinkPermalink 10/24/09 @ 03:43

I am solely responsible for this comment and agree to abide by the terms and conditions

msg Comment from: Solomon [Visitor]
British firm...hmmmm. What is the share of the government (the people). Where is BBC's report? the government has to be very wise in working with such types of people.I don't remember any thing good they have done to the Ethiopian people, may be the BBC did't report it.



PermalinkPermalink 10/24/09 @ 08:14

I am solely responsible for this comment and agree to abide by the terms and conditions

msg Comment from: Aden1 [Visitor]
"Sakaro, a mining company operating under Midroc Gold Co., owned by Saudi business tycoon Sheik Mohammed Hussein Al Amoudi, has also discovered a new deposit estimated at 18 tonnes in the Lege-Dembi gold belt..."

:?:This is not the first time that people who are bi-racial (Ethiopian and other), born in Ethiopia and have citizenship of the same, use their nationality at their convenience.

When it is success story, they are the other nationality. When it comes to local story and their philantropy to Ethiopia, they identify with being Ethiopian. This is not uncommon for people who live in staes too. When their profile is posted on Western media, they are identified as "the other nationality".
PermalinkPermalink 10/24/09 @ 11:14

I am solely responsible for this comment and agree to abide by the terms and conditions

msg Comment from: superalula [Visitor]
Oh God, this time it is not a Bone.
PermalinkPermalink 10/24/09 @ 11:57

I am solely responsible for this comment and agree to abide by the terms and conditions

msg Comment from: yaro [Visitor]
if i wat i woldt tell fo tigre
PermalinkPermalink 10/24/09 @ 12:07

I am solely responsible for this comment and agree to abide by the terms and conditions

msg Comment from: kotu [Visitor]
This must be a lie. Every time there are negative news about the country, TPLF invents false stories.

They invented the news about ark of the covenant; they invented the news that Ethiopia will have high speed internet in 2 years period of time, they invented that news that country will be oil/gas rich with in a few years, etc, etc.

They made the millennium (mine yelem) a news item for more than one year long. All these were propaganda tools timed to cover up bad news and their evil acts. And when they are confronted with the reality of their evil work - such as this famine, they tell us good fill stories.

Even then, what if this is true. What if a 40 ton or even a gold mountain is discovered in 'Ethiopia'. Gebre Egziabher knows that TPLF-EFFORT will take all of it and if you are no Tigre, rest assured you will get no benefit from it. Thus this is no news - sure no good news for a non Tigre.
PermalinkPermalink 10/24/09 @ 12:22

I am solely responsible for this comment and agree to abide by the terms and conditions

msg Comment from: useless [Visitor]
unless the nation is freed from this dictatorship, everything will be for woyane kids extravaganza. Ethiopians will continue to starve.
PermalinkPermalink 10/24/09 @ 14:33

I am solely responsible for this comment and agree to abide by the terms and conditions

msg Comment from: ZXAmiche [Visitor]
Diversion tactics to give false hope when a new poster child of famine is out!

This fabrication, like the rest before, will not work, looters of National Bank!
PermalinkPermalink 10/24/09 @ 19:56

I am solely responsible for this comment and agree to abide by the terms and conditions

msg Comment from: Degu [Visitor]
Mr Democracy
You said, " a news like this should be celebrated..."
Since I was a kid I have seen how this government changing and rolling.
I knew tegraye and tegrayean very well. I can be fare as any individual, but what is their fare governance? I knew the first time when they started tegraye lemate maheber, and what their trucks have moved in and out of the country.
They only trucks that are not stop on any check point in Ethiopia is yetegraye lemate maheber's. If you don't believe me ask lkim Z - mike yoni halafi
mengedi or any of their cousins
But most the Ethiopian have no any idea what they do if they ask , you know what they can get in to.
Mr democracy did you ask whr the money for pepsi cola and so
many companies that are sold by meles.
So did you think it matter for the Ethiopian if there is gold or any presious metals exist if it isn't in the benefit of the people of Ethiopia. Go celebrate for your cousin meles coz he can spare some for muchew and akesum area.
The hate and anger of these poor people can destroy and fall all that stone on that land trust me.
Starvation brought meles and his follower to addis don't forget that....
PermalinkPermalink 10/24/09 @ 20:30

I am solely responsible for this comment and agree to abide by the terms and conditions

msg Comment from: Bon2 [Visitor]
Lege dembi is in Oromia and so is this place named tulu. It is an oromo name. But what do you think the Oromos who live there get? Possible displacement from their land and long lasting environmental pollution and waste from the mining companies. The mining deal should take in to consideration the rights of the people who live there to benefit from their resources and to be protected from environmental hazards.
PermalinkPermalink 10/24/09 @ 21:54

I am solely responsible for this comment and agree to abide by the terms and conditions

msg Comment from: habesshhaaww [Visitor]
The more Woyanes and its sponsors tell the world of their success finding something to fill their big belly from Ethiopia; citizens will die behind the scene in hanger and starvation. This is what happened for the last 20 years, for the first time in Ethiopia history. My question is what will happen to the people of that land? Would Woyanes send them to jail? to refuge camp? Displace them internally, or Call them terrorist or let them to sit and get the money like Saudis when they mine gold and oil in their countries. What is the plan? The purpose and goal of this news for us?
PermalinkPermalink 10/24/09 @ 22:55

I am solely responsible for this comment and agree to abide by the terms and conditions

msg Comment from: Seleme [Visitor]


. . .our golds and treasures are not safe in the hands of the LOOTERS!!!. . .



PermalinkPermalink 10/25/09 @ 00:40

I am solely responsible for this comment and agree to abide by the terms and conditions

This post has 1 feedback awaiting moderation...

Sorry Comments are closed for this post. Please continue the discussion on nazret.com Forum Join in now and post, be part of the most popular Ethiopian website

nazret.com online since 1994 One of the first Ethiopian sites. The first Ethiopian Blog site.

EthioBlog

EthioBlog is the first Ethiopian blog. During the June and November 2005 Carnage in Addis Ababa, nazret.com was the first website to post first hand eyewitness accounts from ground zero in Addis. Be part of the largest Ethiopian News website and join in as a contributor.

November 2009
Sun Mon Tue Wed Thu Fri Sat
 << <   > >>
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30          

Search

XML Feeds

What is RSS?


advertisements