Security

Mining Firms Warned by Ethiopian Rebel Group After Deadly Raid

MACAUBUSINESS.COM · 2 weeks ago · Read the Full Story on MACAUBUSINESS.COM
Mining Firms Warned by Ethiopian Rebel Group After Deadly Raid
AI SUMMARY

The Oromo Liberation Army has issued threats and demands to mining companies in Ethiopia following a deadly incident at the Tulu Kapi gold mine.

  • A rebel group in Ethiopia has threatened mining companies and issued a list of demands following a deadly attack at a mining site.
  • Federal forces have been fighting the Oromo Liberation Army, designated a terrorist organisation by the government, in central Oromia since 2018.
  • Violence erupted earlier this month at the prospective Tulu Kapi gold mine, run by Kefi Gold and Copper, under unclear circumstances.
  • The OLA stated that entities operating in Oromia must engage in transparent deliberations ensuring local population involvement and direct benefit.
  • The rebel group warned that environmental standards are non-negotiable and non-compliant entities will face consequences similar to Tulu Kapi.
  • Neither the OLA nor any other group has claimed responsibility for the Tulu Kapi incident.
  • Kefi Gold and Copper reported a serious security breach at its Oromia site on September 4 and suspended operations for investigations.
  • Gold exports generated $5.65 billion last year according to the mines ministry, making it a crucial source of foreign exchange.
  • Human Rights Watch urged authorities in January to suspend operations at the Lega Dembi gold mine due to toxic chemicals endangering children's health.