Ethiopia has announced that artisanal and small-scale gold miners all over the country are now exempt from royalty payments. The move aims to encourage traditional miners to stay in business, and boot production.
Takele Uma, Ethiopia's Minister of Mines and Petroleum, in a tweet, expressed thanks to all regional presidents for taking "a huge step in support of our artisanal and small scale miners by waiving all royalty payments."
The minister also pointed out the move serves to show for their leadership and assistance for the thousands of artisanal miners throughout Ethiopia.
The mining sector had an 18 percent contribution ($681 million) out of the $3.62 billion earned in the Ethiopian fiscal year concluded in July.
Source (Including Image): Takele Uma - Minister of Mines and Petroleum (Twitter)
