December 17, 2017

Ethiopian government issues 20 year mining license to Homa

Motuma Mekassa, minister of Mines, Petroleum & Natural Resources. Source/ Addis Fortune

Ethiopia’s  Ministry of Mines, Petroleum and Natural Gas  has approved the Homa Construction PLC’s application, for a mining license for limestone and gypsum.

The license grants Homa permission to mine an area of around  13.45 square kilometers of land in West Shoa Zone, Oromia State for 20 years, with the possibility of renewal up to 10 years.

The mining contract was signed by Motuma Mekassa, Minister of Mines, Petroleum and Natural Gas, on behalf of the Ministry, while Adugna Ejigu, Managing Director of Homa Construction, represented the miner.

Incorporated in Ethiopia, Homa expects to produce more than 10 million tons of limestone and gypsum by the coming decade, Bacha Faji, public relations and communication director at the Ministry of Mines, Petroleum and Natural Gas, said.

 

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