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Sheik
Mohammed Hussein
Ali Al-Amoudi
CHAIRMAN |
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Dr.
Arega Yirdaw
CHIEF EXECUTIVE
OFFICER &
GENERAL MANAGER
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MIDROC Gold Mine PLC
is organized under the
Office of the Chief Executive
Officer of MIDROC Ethiopia,
and is lead by a General
Manager & CEO. The
company has four Operation
Units: Mine Operations,
Heavy/Light Duty Maintenance
Operations Metallurgy
Operations, Exploration;
and seven service units;
all of which are managed
by qualified managers
endowed with rich experience,
and geared up for company
future growth.
In order to facilitate
an effective management
of the company, the Management
has placed different Policies
and Procedures into practice.
Among these are:
- Human Resources Services
Policy and Procedure
Manual (HRSPM)
- Financial Services
Policy and Procedure
Manual (FSPM)
- Attest Plan
- Materials Management
Services Policy and
Procedure manual (MMSPM)
- Organizational Structure
Manual (OSM)
- Collective Agreement
- Protection Services
Policy and Procedure
Manual (PSPM)
- Educational Policy
- HIV/AIDS Policy Manual
All Policy and Procedure
Manuals are subject to
change and hence nearly
80 directives have been
released to improve the
policies. |
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The Company is established to accomplish the
following business purposes:
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To engage in mining, exploration, prospecting
of gold and other minerals;
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To engage in the development, production
and processing of economic minerals and by-products;
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To enter into business transaction in the
selling and buying of the products both within
the local and foreign markets;
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To perform both field and laboratory studies
on all useful minerals so as to determine
and ensure the reserve and the extent of the
deposit;
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To engage in shallow and deep drilling operations
so as to determine and ensure the reserve
quality and depth extent of the deposit;
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To engage in wholesale or retail selling
of gold and other minerals both to foreign
and local markets;
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To engage in the production and importation
of equipment consumables and spare parts related
to the above operations;
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To enter into hedging and similar contracts;
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To construct building and alter buried assets
related to mining and exploration activities;
and
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To engage in any other business activities
which the Company may think relevant to enhance
the above mentioned business purposes of the
Company.
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| OUR
VISION, MISSION AND VALUES |
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OUR
VISION:
MIDROC’s quality products and sustained
services to every customer and user.
OUR MISSION:
A multi-sector organization with second-to-none
leadership positions in each of our products
and services thereby exceeding the expectations
of our customers, employees, shareholders and
the community.
OUR VALUES:
- Customer Satisfaction
- Employees Empowerment
- Corporate Identity and Image
- Integrity and Ethics
- Balanced Life & Performance
- Raising the Capital of Share holders and
Owners
- Strength and Stability
- Social Responsibility & Corporate Citizen
- Profit and Growth
- Respect and Trust
- Quality and Excellence
- Teamwork and Cooperation
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OPEN PIT MINE
To effectively exploit the mine, various projects
are put into action:
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PUSHBACK PROJECT:
Devised in order to enhance waste removal
from the Open Pit.
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EMULSION PLANT:
Devised to mechanize the preparation of
emulsion explosive at site.
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CARBON IN PULP
(CIP) PLANT: Project aimed and fully
achieved an increase in throughput capacity
of the process plant and reduce lose of
gold in solution tails.
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TAILING DAM:
Devised to enhance tailing storage capacity
and accommodate tails from future production.
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The company's 5-Year
Strategic Exploration Plan has already been
put in place and is being implemented. If
the exploration programs are proven successful,
the strategic plan envisages development
of two new mining operations each with a
mine life of around 10 years, commencing
in the year 2010/11. The underground mine
resources are planned to be developed and
mined between 2007/08 and 2018. |
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Presently, MIDROC Gold Mine PLC employs a total
workforce of 1,272, of which 860 are permanent
and 12 are expatriates working at various capacities.
The expatriates are working for the purpose of
maintaining the technology and expertise in the
industry, and with MIDROC Gold's Human Resources
Strategy of knowledge transfer to the nationals.
This system has very-well worked so far, and will
bear pool of expertise of national for the company;
which is also an invaluable asset for the mining
sector of the country at large.
MIDROC Gold also employs 109 employees on secondment
basis from Trust Protection and Personnel Services
PLC. |
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CUP
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Excellent Performance in the Export of Gold;
from Ethiopian Export Promotion Agency; in
year 2002/2003.
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Excellent Performance in the Export of Gold;
from Ethiopian Export Promotion Agency; in
year 2000/2001.
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Excellent Performance in the Export of Minerals
and Marble; from Ethiopian Export Promotion
Agency; in year 1999/2000.
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Excellent Performance in the Export of Gold;
from Ethiopian Export Promotion Agency; in
year 1998/1999.
CERTIFICATE
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Certificate to Dr. Arega Yirdaw, CEO &
GM of MIDROC Gold; from MIDROC Gold's Basic
Trade Union; in year 2005.
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Certificate of Participation in "Kignit
Lelemat Wollo'95" Trade Fair; from Ethiopian
Chamber of Commerce; in year 2005.
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Certificate of Appreciation for MGOLD's remarkable
contribution to the Improvement of Zewditu
Memorial Hospital; from Zewditu Memorial Hospital;
in October 2004.
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Certificate of Recognition for being a winner
in Management Staff Walk Competition during
the 3rd "Family Day" Celebration;
from Office of the CEO, MIDROC Ethiopia; on
May 9, 2004.
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Certificate of Recognition for being a winner
in Women's Volleyball Competition during the
3rd "Family Day" Celebration; from
Office of the CEO, MIDROC Ethiopia; on May
9, 2004.
- Certificate of Recognition for being a winner
in Men's Volleyball Competition during the 3rd
"Family Day" Celebration; from Office
of the CEO, MIDROC Ethiopia; on May 9, 2004.
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Certificate of Recognition for being top
client of TRUST Protection and Personnel Services
(A member of the MIDROC Ethiopia Technology-Group);
from Office of the CEO, MIDROC Ethiopia; on
March 18, 2004.
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Certificate of Recognition for participating
in different Sport Activities during the 2nd"Family
Day" Celebration; from Office of the
CEO, MIDROC Ethiopia; on May 3, 2003.
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Certificate of Recognition of 1st Place Winner
in 200m run during the 2nd "Family Day"
Celebration; from Office of the CEO, MIDROC
Ethiopia; on May 3, 2003.
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Certificate of Recognition of 1st Place Winner
in 100m run during the 2nd "Family Day"
Celebration; from Office of the CEO, MIDROC
Ethiopia; on May 3, 2003.
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Certificate of Recognition for being the
most Reliable customer of TRUST Protection
& Personnel Services PLC (A member of
the MIDROC Ethiopia Technology-Group) for
the year 2002/2003; from Office of the CEO,
MIDROC Ethiopia;
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Certificate of Recognition for being the
most Reliable customer of ELFORA Ago-Industries
PLC (A member of the MIDROC Ethiopia Technology-Group)
for the year 2002/2003; from Office of the
CEO, MIDROC Ethiopia;
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Certificate of Recognition for MGOLD's Outstanding
Sales & Distribution Performance of ELFORA-Poultry
Products; in year 2002.
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Certificate of Recognition of 1st Place Winner
in Volley Ball Competition during the 1st
"Family Day" Celebration; from Office
of the CEO, MIDROC Ethiopia; on June 16, 2002.
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Certificate of Recognition of 2nd Place Winner
in Tag of War Men's Competition during the
1st "Family Day" Celebration; from
Office of the CEO, MIDROC Ethiopia; on June
16, 2002.
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Certificate of Recognition of Excellent Performance
in the export of Gold; from Ethiopian Export
Promotion Agency; in year 2002.
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Certificate of Participation; from Environmental
Protection Authority; on June 5, 2002.
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Certificate of Recognition of Excellent Performance
in the export Sector; from Ethiopian Export
Promotion Agency; in year 2001/2002.
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Certificate of Participation; from Environmental
Protection Authority; on June 5, 2001.
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Certificate of Recognition of Excellent Performance
in the export of Gold; from Ethiopian Export
Promotion Agency; in year 2001.
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Certificate of Participation; from Environmental
Protection Authority; on June 5, 2000.
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Certificate of Participation in the 4th Addis
Chamber International Trade Fair; on February
20, 2000.
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From MIDROC Ethiopia; on February 11, 2000.
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Certificate of Recognition of Excellent Performance
in the export of Gold; from Ethiopian Export
Promotion Agency; in year 2000.
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Certificate of Recognition of Excellent Achievement
in Foreign Exchange Earnings from the export
of Minerals; from Ethiopian Export Promotion
Agency; in year 1999.
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Certificate of Recognition of Excellent Performance
in the Export of Gold; from Ethiopian Export
Promotion Agency; in year 1998.
PRINTED PLATE
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Employees of MIDROC Gold Mine PLC to Dr.
Arega Yirdaw, CEO & GM of the Company;
in year 2005.
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Star Wood Hotels and Resorts to MIDROC Gold
Mine PLC; on January 1, 2000.
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