MOM - Ministry of Mines. Its mission is:
To generate, manage and deliver the basic geosciences (mineral and geo-energy) data of the country for the society and the business sector;
To encourage and attract private investors to involve in the development of the mining sector by creating conducive investment conditions;
To issue licenses to private investors engaged in mineral and petroleum operations, and administer the contract in accordance with the concession agreements;
To develop the mineral and geo - energy resources of Ethiopia in an environmentally friendly manner;
In collaboration with different stockholders to regulate the market and products of precious and ornamental minerals produced at the level of traditional (artisanal) mining; and
To expand the development of the mineral resources in order to enhance the contribution of the Foreign Currency earnings of the sector in the national economic growth of the country.