The Ethiopian Mineral Development Share Company is fully a government owned mining company which engaged in the exploration of mineral deposits, mining of tantalum, industrial minerals and fashioning of gemstones. The company was established when its predecessor Ethiopian Mineral Resources Development Corporation (EMRDC) was dissolved and restructured into four enterprises in August 1995.
In addition to production of tantalite concentrate and industrial minerals , EMDSC provides drilling, exploration and laboratory analytical services for its customers. The company has well equipped core drilling machines , geophysical and surveying equipments ,fully furnished laboratories and highly qualified professionals to deliver the services efficiently. It has a huge experience and reputation of delivering these services. The core drilling equipments has the capacity of drilling up to 1000m depth and has the facility of full whole stabilized core barrel system, Wedging accessory to defect borehole, water supply tankers and pumps, heavy duty equipments (i.e. bulldozers, graders…).
EMDSC is involved in prospecting and exploration for precious metal (gold and platinum), rare metal (Ta,Nb,Be,Li,Sn,etc) ,industrial minerals (kaolin, quartz, feldspar, diatomite, bentonite, dolomite, limestone),decorative stones (granite, marble) and gemstones among which aquamarine , peridot, amethyst, red garnet and precious opal can be cited. The exploration and research core process has two main objectives; the first one is to look additional reserves in areas around the existing mining operation in order to extend the life of mines; and the second one is to look for economical mineral deposits elsewhere in the country ,particularly in areas where mineral occurrence were reported.
Ethiopian Mineral Development Share Company is one of the leading companies operated in mining sector and got substantial amount of benefits and privileges from these incentive packages. General Background of Mineral Potential and Investment in Ethiopia Historical Development of Ethiopian Mineral Development Share Company (EMDSC)