Ethiopia earns $540.5 mln from gold in last decade

ADDIS ABABA, Oct 12 (Reuters) -- Ethiopia earned $540.5 million from nearly 48 tonnes of gold exports in the last 10 years, the National Bank of Ethiopia said on Monday.

Officials say Ethiopia loses up to 1,000 kg of gold worth $10 million every year in contraband trade between artisanal miners in the south of the country and smugglers from neighbouring countries. More...