Acquisition and Early Operations
MIDROC Gold Mine, owned by the conglomerate MIDROC Investment Group, was acquired through privatization in 1997 G.C. and commenced production in August 1998 G.C. This marked the beginning of its journey as a major player in Ethiopia’s mining sector.
MIDROC Investment Group is led by Ethiopian-born Saudi billionaire Sheikh Mohammed Hussien Ali Al-Amoudi, renowned for his significant investments across diverse industries including agriculture, agro-processing, manufacturing, mining, hospitality, construction, real estate, health services, and commercial enterprises.
Mission
We are committed to meet our customers’ needs and expectations, maximize the wealth of shareholders and create value for all stakeholders by using sustainable mining practices, talented and motivated employees and cutting age technology. We always give due care for the
environment and work in partnership with the local communities.
Vision
By 2025 E.C MIDROC Gold aspires to be a leading sustainable gold Mining Company in horn of Africa that maximize stakeholders’ value and interest.
Values
Respect
Collaboration
Integrity
Accountability
Excellence
Empowerment
Dignity
Safety
Innovation
Social Responsibility
Customer Centric
