Ethiopia suspends issuance of exploration licences pending Chinese survey
Published: Wednesday, 14 January 2015
The East African country has fended off claims that giving China exclusive access to the geology in southwest Ethiopia will give Chinese mining firms an unfair advantage over miners from other countries, arguing that the results of the bilateral survey will boost development in the nation’s resource sector.
Ethiopia has halted the
issuance of new prospecting and exploration licences in the
southwest of the country to enable the completion of an ongoing
Chinese-funded geological survey in the area, the
country’s Ministry of Mines has confirmed.
The joint study...