{"id":678504,"date":"2018-05-07T23:45:16","date_gmt":"2018-05-07T23:45:16","guid":{"rendered":"http:\/\/juniorminingnews.com\/?p=678504"},"modified":"2018-05-07T23:45:16","modified_gmt":"2018-05-07T23:45:16","slug":"protesters-urge-ethiopia-to-cancel-billionaires-gold-mine-permit-2","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=678504","title":{"rendered":"Protesters Urge Ethiopia to Cancel Billionaire\u2019s Gold Mine Permit"},"content":{"rendered":"<div class=\"ftpimagefix\" style=\"float:left\"><a target=\"_blank\" href=\"https:\/\/investingnews.com\/daily\/resource-investing\/precious-metals-investing\/gold-investing\/ethiopian-protesters-attempt-block-billionaires-gold-mine-permit\/\"><img decoding=\"async\" width=\"150\" src=\"https:\/\/investingnews.com\/wp-content\/uploads\/Gold-Outlook-3D-1-Small-2-2.jpeg\" alt=\"gold outlook free report\"><\/a><\/div>\n<p><\/p>\n<p><strong>Protesters in Ethiopia&#8217;s Oromia region have rallied together to persuade the government to <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2018-05-07\/protesters-demand-ethiopia-cancel-billionaire-s-gold-mine-permit\">withdraw a gold-mining permit<\/a> from Saudi billionaire Mohammed al-Amoudi, in order to stop alleged pollution.<\/strong><\/p>\n<p>On April 30th, demonstrators began setting up blockades just 358 kilometers south of the capital in Shakiso, but protests have now spread to the towns of Ginchi and Nekemte in western Oromian as well, said Addisu Bullalla, a spokesman for the opposition Oromo Federalist Congress (OFC).<\/p>\n<p>Protesters are adamant that Mohammed International Development &amp; Research Organization Companies&#8217; (MIDROC) license to mine the yellow metal be retracted.<\/p>\n<div>\n<div>\n<div><a target=\"_blank\" href=\"https:\/\/investingnews.com\/get-download\/?dtd=369080&amp;mqsc=TA1313450\"><br \/>\n<\/a><\/div>\n<div align=\"center\">\n<div><a target=\"_blank\" href=\"https:\/\/investingnews.com\/get-download\/?dtd=369080&amp;mqsc=TA1313450\"><br \/>\n<\/a><\/p>\n<h2>10+ Gold Stocks to Watch<\/h2>\n<h4>Stocks.<br \/>\nExpert Insights.<br \/>\nIndustry Stats.<br \/><\/h4>\n<p><a target=\"_blank\" href=\"https:\/\/investingnews.com\/get-download\/?dtd=369080&amp;mqsc=TA1313450\"> Give me my free report! <\/a>\n<\/div>\n<\/div>\n<p><!-- end large-8 --><\/p>\n<\/div>\n<p><!-- end row --><\/div>\n<p>\u201c[The demonstrations] will spread all across Oromia if the government doesn&#8217;t cancel this agreement, bring MIDROC to justice, and make MIDROC pay compensation for the damage they have caused,\u201d Bullalla said.<\/p>\n<p>Similar protests took place at this mine three years prior, becoming part of massive anti-government rallies that eventually resulted in the resignation of former Prime Minister Hailemariam Desalegn earlier this year.<\/p>\n<p>Members of the OFC allege that MIDROC dumped chemicals from its operations into rivers that are used by residents and livestock for drinking water. They claim that ingesting these chemicals have resulted in birth deformities and animal deaths.<\/p>\n<p>Both MIDROC&#8217;s CEO Arega Yidaw and the company&#8217;s environmental director, Negussie Assefa, declined to comment on the situation, with the former dodging questions from the media via phone calls, texts and emails.<\/p>\n<p>Mines Ministry spokesman Bacha Faji stated that MIDROC&#8217;s license was first awarded in 1997, with a renewal taking place late last month for a period of 10 years. Within the license, the company must give 2 percent of all profits to the local community.<\/p>\n<p>Addressing the current situation, Faji stated, \u201cwe don&#8217;t want the community harmed chemically.\u201d<\/p>\n<p>He added, \u201cwe are now consulting,\u201d in reference to the fact that the ministry has conducted an environmental and social-impact assessment of the mine&#8217;s operations.<\/p>\n<p>Currently, MIDROC produces 4.5 metric tons of gold at the Lega Dembi mine in Shakiso.<\/p>\n<p><em>Don&#8217;t forget to follow us <a target=\"_blank\" href=\"https:\/\/twitter.com\/inn_resource\">@INN_Resource<\/a> for real-time news updates!<\/em><\/p>\n<p><strong>Securities Disclosure: I, Nicole Rashotte, hold no direct investment interest in any company mentioned in this article.<\/strong><\/p>\n<div>\n<div>\n<div><a target=\"_blank\" href=\"https:\/\/investingnews.com\/get-download\/?dtd=369080&amp;mqsc=TA1313450\"><br \/>\n<img decoding=\"async\" src=\"https:\/\/investingnews.com\/wp-content\/uploads\/Gold-Outlook-3D-1-Small-2-2.jpeg\" alt=\"gold outlook free report\"><\/a><\/div>\n<div align=\"center\">\n<div><a target=\"_blank\" href=\"https:\/\/investingnews.com\/get-download\/?dtd=369080&amp;mqsc=TA1313450\"><br \/>\n<\/a><\/p>\n<h2>10+ Gold Stocks to Watch<\/h2>\n<h4>Stocks.<br \/>\nExpert Insights.<br \/>\nIndustry Stats.<br \/><\/h4>\n<p><a target=\"_blank\" href=\"https:\/\/investingnews.com\/get-download\/?dtd=369080&amp;mqsc=TA1313450\"> Give me my free report! <\/a>\n<\/div>\n<\/div>\n<p><!-- end large-8 --><\/p>\n<\/div>\n<p><!-- end row --><\/div>\n<p>The post <a target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/investingnews.com\/daily\/resource-investing\/precious-metals-investing\/gold-investing\/ethiopian-protesters-attempt-block-billionaires-gold-mine-permit\/\">Protesters Urge Ethiopia to Cancel Billionaire&#8217;s Gold Mine Permit<\/a> appeared first on <a target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/investingnews.com\/\">Investing News Network<\/a>.<\/p>\n<p> <a href=\"https:\/\/investingnews.com\/daily\/resource-investing\/precious-metals-investing\/gold-investing\/ethiopian-protesters-attempt-block-billionaires-gold-mine-permit\/\" target=\"_blank\" id=\"rssmi_more\"> &#8230;read more<\/a> <\/p>\n<p>From:: <a href=\"https:\/\/investingnews.com\/daily\/resource-investing\/precious-metals-investing\/gold-investing\/ethiopian-protesters-attempt-block-billionaires-gold-mine-permit\/\" target=\"_blank\" title=\"Protesters Urge Ethiopia to Cancel Billionaire\u2019s Gold Mine Permit\">Investing News Network<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Protesters in Ethiopia&#8217;s Oromia region have rallied together to persuade the government to withdraw a gold-mining permit from Saudi billionaire Mohammed al-Amoudi, in order to stop alleged pollution. On April 30th, demonstrators began setting up blockades just 358 kilometers south of the capital in Shakiso, but protests have now spread to the towns of Ginchi [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[359],"tags":[],"_links":{"self":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/678504"}],"collection":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=678504"}],"version-history":[{"count":0,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/678504\/revisions"}],"wp:attachment":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=678504"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=678504"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=678504"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}